The S&P has topped !

I respectfully disagree.

 

Have you ever traded stocks or stock indices? From the way you post it sure doesn't seem like it.

 

Why? Unless the drop is (going to be) particularly violent the thought isn't far-fetched at all.

 

hes just mad that this thread is full of hilariously bad calls he made.

 

IF anything, This right now, 1290 area is to have great R:R advantage to START building a SHORT on S&P.
This is not to call any dummbass TOPS. Just a trade that seems to be brewing.
Considerable weakness in mid cap stocks and some major speculative names.

 

mad? lol

I'm up in 2011. If you understood anything about trading..well then you probably wouldn't have been a moderator

 

why do you say that i am a moderator? as for being up in trading - whether you are or not is irrelevant (though laughable since you feel the need to say that in order to counter the completely abysmal calls in this thread and the other prequels to it).

 

Re test of the highs is def better than a 2% sell off...




IF we fail... its 5- 10%

 

fly_down did the best he could. it was not a bad call, just not precise enough. he still should get the credit given the fact that he made it on his own without the above expert opinion.

 

Looking at a double top now, head and shoulders