The S&P is looking very toppy

Discussion in 'Politics' started by James Stock, Jan 15, 2004.

  1. balda

    balda

    waggie
    what is the deal, you can come clean now.

    Is he a better trader than you are?
    or did he still your girlfriend?
     
    #11     Jan 15, 2004
  2. Jeffo

    Jeffo

    Tighting trades are better than loosing.
     
    #12     Jan 15, 2004
  3. :)
     
    #13     Jan 15, 2004
  4. MAJOR BREAKOUT.

    Next stop 1155-1160 with possible 1174 March 2002 Highs as a target.

    :)
     
    #14     Jan 15, 2004
  5. pspr

    pspr

    Foolish shorts reaching capitulation.
     
    #15     Jan 15, 2004
  6. above 1133 for the next leg up.

    A close above 1122 tomorrow will give the BULL its 8th Consecutive Week Up in a Row!

    If you were to get long after the 8th week, 17 out of 21 trades were STILL POSITIVE!

    This is a sign of strength, not weakness.

    The Bull is Running Loose!

    :)
     
    #16     Jan 15, 2004
  7. CalTrader

    CalTrader Guest

    Maybe ... But i dont think so. The news out in the economy is on the positive side and earnings will probably be quite good across most sectors.

    Calling a top (or bottom) is extremely difficult and usually is the easiest way to exit the industry ..... Top or not makes little difference to me as I just watch the price action and make daily decisions.
     
    #17     Jan 15, 2004
  8. Look at that! The S&P 1140 calls are expiring worthless.

    This is good, no?
     
    #18     Jan 15, 2004
  9. Yes but...I mean dude, are you making broad calls or just scalping the SP via options..what top do you see? i don't see one in this "managed" mkt. I mean we sell of huge this AM; and magically at SP 1123 (LOD) Fed gov Hoenig says he see's 200K jobs a month..next thing you know we trade 1136 ...this is all orchestrated....1180 next. 1210 and 1260.

    Glad you are prospering...but fighting an electoral agenda after a 3 year Bear is not right...see may 1970-72...call a top in 2005 for heavens sake...glad you are so nimble!

    Good luck,

    best
    david
     
    #19     Jan 15, 2004
  10. Jeffo

    Jeffo

    Easy money!
     
    #20     Jan 15, 2004