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. Buy1Sell2

    Buy1Sell2

    Yea I am not certain what is going on here. This 5th call shouldn't even have been made yet as the 4th one wasn't mature yet. The 4th call was for a 1330 top on cash and bears not pushing cash very much below 1290. I don't think a new call can even be made until the 4th one plays out --or there must be an admission that the 4th one was incorrect before the 5th one can be made. I am not saying that the 4th one was wrong or right ---yet. I don't understand the overlapping calls.
     
    #71     Apr 19, 2006
  2. volente_00

    volente_00




    Of course I use stops. My predictions are based on closing prices, not intraday short traps.
     
    #72     Apr 19, 2006
  3. well, we went much higher already'n'maybe not touched 1320 but close enough at 1318.75.

    as i said waz a no brainer we gapped this am.
     
    #73     Apr 19, 2006
  4. volente_00

    volente_00


    I gave you short term targets and long term targets on the calls.
    My call for 1334 by the end of May still stands.
     
    #74     Apr 19, 2006
  5. volente_00

    volente_00



    No more from me until we touch 1334, so buy1sell2 can be satisfied.


    :)
     
    #75     Apr 19, 2006
  6. Sorry, I thought that as you mention an intra-day low in your first post, you would take notice of a lower intra-day low. How foolish of me.
     
    #76     Apr 19, 2006
  7. Buy1Sell2

    Buy1Sell2

    While I like Volente and enjoy his posts, I am sorry to announce that I must now put him on ignore. I will initially review some of his posts to see if the 5th call has been retracted and then use the permanent ignore feature if not. This is indeed a sad day for me. Again, I am not saying that the 4th call was wrong yet. It's just too early too tell. The 5th call is very premature without resolution of the 4th call and perhaps earlier calls as well.
     
    #77     Apr 19, 2006
  8. hey guys... looks like this am might give some good shorting setups..... YM looking timid here...... think i'll short this am and see what pm brings
     
    #78     Apr 19, 2006
  9. you forget: aapl reports today.


    just like it was "priced to perfection" last quarter, it's "sandbagged to perfection" right now.
     
    #79     Apr 19, 2006
  10. hee hee hee ...... out with a quick +23 pts!! :cool:
     
    #80     Apr 19, 2006