The S&P has topped !

Discussion in 'Trading' started by fly down, Jan 4, 2011.

Has the S&P topped and headed for a sharp correction?

  1. yes

    58 vote(s)
    30.5%
  2. no

    59 vote(s)
    31.1%
  3. I don't know / I don't care / I don't like you

    73 vote(s)
    38.4%
  1. candles

    candles

    should see 1330 next week
     
    #391     Feb 4, 2011
  2. Bowgett

    Bowgett

    Nice call. Your "top" held up for about 10min.
     
    #392     Feb 4, 2011
  3. umm isnt that an impossible standard, calling exactly a top to a tick in this market?
     
    #393     Feb 4, 2011
  4. truthfully--this market had to rise today with the strength in bond yields.

    I've been around a while but this particular stock market rise is stubborn and hard for me to figure out. i'm stumped.
     
    #394     Feb 4, 2011
  5. Tsing Tao

    Tsing Tao

    its the fed. cant fight the fed. pomo for the win.
     
    #395     Feb 4, 2011
  6. Not directed at TT, but all the POMO proponents on this thread will be oddly quiet when the SPX hits 1100. It takes no skill to take credit for a rally (or decline) in hindsight.
     
    #396     Feb 4, 2011
  7. Tsing Tao

    Tsing Tao

    id like nothing better than POMO to become irrelevant. id also like nothing better for a drop to 1100 (or even beyond). would represent an awesome buying opportunity.
     
    #397     Feb 6, 2011
  8. Not for those fully-committed to equities at 1300.
     
    #398     Feb 6, 2011
  9. Tsing Tao

    Tsing Tao

    0 for 9.

    new top 1320
     
    #399     Feb 7, 2011
  10. volente_00

    volente_00






    drawdown said he is using a 100 point stop on his short from 1270


    :p
     
    #400     Feb 7, 2011