Thats not a technical chart. Go look at it on www.stockcharts.com Come back with something that has candlesticks, moving averages, and a few other things. I want to see lines drawn. No no. Dont be lazy. Its time to get to work.
I never said it was a double top. It was the previous inhabitants of this thread that were illustrating that point. I said the resistance point is right at 1431. The meter has been stuck at 1427 all day. Its important for it to break through 1431 with vigor. I figure it has two chances. Last part of the day where everyone is hoping that tommorrow is an upday or first part of tommorrow. It will be difficult after that. . .The analysts did try hard today with the upgrades.
What you see is what you get, a real time, on the day it happened genuine top. Now why can't a 12 figure defunct hedgefund manager take notes and do it like this.
Now the question must be answered. 1. Did I really buy a trading computer from thorns defunct blown up hedgefund. 2. Or did I actually use my trading skills to nail the top exactly on the day and exact time it happened. Which one is correct ?
on 12/20/056 10:49 am: Yes, what you see is what you get. on 12/20/06, as the s&p closed in on 1430, bozo shows the true colors of this thread and puts the blame to my computer, not his potential bad call. What a loser.
Now comes the tricky part, if thornybird starts crowing too hard, we are bound to bounce again as we did last time he popped off about the top when the S&P was trading at 1410.80. Please thornybird, don't jinx the shorts again so we can get to 1400.