it was a bad call. 25 points from where he called the original (mind you, in this thread) top. when taken in the context with his previous threads from last month, it was a horrible call he could be profitable in real life who knows but that doesnt change the fact that this thread was a joke. and instead of simply admitting it his response is "you dont trade" to an accurate portrayal of what occurred.
Why r u so adament for him to admit this. Let it go, there is no right or wrong trade in the Trading. He Knows wht he called for and if it worked for him or not. You are spending so much energy on this.
The week isnt even half way through and the DOW is already up 9 weeks in a row!!!!!!!!!!!!!!!!! Wow, not one single buying opportunity in over 9 straight weeks, that is what we call a record!!!! 9 UP WEEKS IN A ROW PEOPLE!!!!!!!!!!!!! 9 WEEKS... IMAGINE 9 DOWN WEEKS IN A ROW... Oh wait that cant happen, 9 weeks down in a row and Bubble ben bernanke would be calling for more stimulus and qe 3, 4 and 5!!!!
To be honest, being long was not good last week. The dow went up, but a lot of high flying small cap stocks took a big big hit.
Correct. Now start making money from this knowledge!! You've been complaining about this for so so long now! lol
what energy? a few keystrokes? its hilarious. this whole forum is hilarious. lighten up. if youre going to come here to post a silly thing like "the top is in" and youre wrong, you gotta expect flak. fly down isnt losing sleep over my posts, i'm sure. are you? ive been saying all along, dont fight the fed, and dont fight the pomo. dont! eventually it'll end but not when everyone thinks it will
So far the call was 2% off. If we don't move much higher AND dump much lower then the call will be considered a good one in my book. the burden of proof is on the bulls right now. the way Qs and IWM dumped the other days suggests that things can get ugly very quickly if the ball starts rolling down.
the call was - at one point - 25 points on ES. that's beyond max tolerance for some folks and if you think thats a good top call, i honestly dont know what to say. i guess we'll have to disagree. if the market tanks from this point and drops significantly, not returning for at least a few months, i will yield that the call wasnt all that bad. but in light of all the calls previous to this one, the collective group of them resembles behavior by folks like retaildaytrader.