The S&P has topped !!

Tradingbug, sorry my name gave you the impression that I am a perennial bear--it actually doesn't refer to shorting--I apologize.

 

I think it will be a big move in either direction. If we close up big tomorrow, I'll go long at the EOD, otherwise I'll stay short.

 

Today 130C closed @ $.70 and 130P closed @ $1.95.

 

I say FOMC should lower rates tomorrow so dow can hit 14000.

 

Oh why did i ever edit this?

 

Took some off the table at 1287. Still holding half with a BE stop.

 

covered the rest at 1285.75 just in case we bounce on the eco #.

 

once again, double A has my sentiments exactly.

is it just me? i'm beginning to enjoy these new "soft" real estate markets.
That bubble has bursted in the face of the greedy!

 

like I said, great call and trade. And thanks for posting it here,
your post kept the idea fresh in my mind as trading evolved today.
I thank you for that.

 

Thanks Bird. Nice call on the 1300 being the top for January. I think the real carnage is going to begin soon. Today's action was the tip of the iceberg. See you at 1200. I always follow my own plan but it sure does feel good to have you on the same side.