The S&P put in another short term bottom on April 11

Discussion in 'Trading' started by volente_00, Apr 11, 2006.

Did the S&P just put in another short term bottom on April 11 at 1283 ?

  1. Right on, see you shorties at 1334.

    32 vote(s)
    53.3%
  2. The last 4 calls were pure luck, we are going much lower than 1283.

    28 vote(s)
    46.7%
  1. stktrdr

    stktrdr

    hmmmmm

    Are we testing new highs?

    Can you say short squeeze?
     
    #261     May 5, 2006

  2. grimey,

    you sound like you've been at this a while.

    men cash out on the way up not affraid to see the money train keep going without them. If you've been holding GS since 50 you've lost much more potential money then you have gained.

    good luck!


    -kk
     
    #262     May 5, 2006
  3. stktrdr

    stktrdr

    Even with no sound on my CNBC I can see the pinheads blabbering about Dow being 200+ points from all time highs. You'll see it on TV and in weekend papers.

    The public will fall over themselves to buy on Monday. And perhaps, perhaps, we will get a short term top within a couple of weeks. But that top will be at least 5% from current levels!
     
    #263     May 5, 2006
  4. stktrdr

    stktrdr

    Bush and Rep. led Congress slumping in the approval polls again.

    Bears will say this is bearish.

    I say -BUY, BUY, BUY!
     
    #264     May 5, 2006
  5. the tops are getting broader - a few months ago they were narrowing.......


    we're going to breakout in the next 2 months. timestamp it.
     
    #265     May 5, 2006
  6. stktrdr

    stktrdr

    Let's hope the shorts hang on the ride -we can't have a party without them.

    hehehehe
     
    #266     May 5, 2006
  7. so true - that's my thesis on fmd. 48% short and double-digit growth.

    the lesson learned from fmd is if you're going to short on a sex scandal, cover quick and move on. :cool:
     
    #267     May 5, 2006
  8. volente_00

    volente_00

    Thank you Frank for the money you donated today.


    Are we at 1334 yet ?

    :D
     
    #268     May 5, 2006
  9. You slay me dude, I have told you how many times that I don't trade the indexes, so I have donated a grand total of zero to you. While I lost some dough today covering my shorts, everyone of them was still a winner. And as I said before, I am not going to chase this move, I still own the financials and gold stocks, so i'm content to watch. Enjoy this as far as it goes.
     
    #269     May 5, 2006
  10. Today's activity shows we have more bull
    meat in the refrigerator than previously
    thought......
     
    #270     May 6, 2006