forget about 4 1/2 yr. highs end of day tuesday. technical sell-off coming in last 1 1/2 hours tuesday.
this is how so. while vermin on ET bash me, all they accomplish is discouraging me from sharing ideas. I don't remember the last time I made a bold prediction like this on ET into multi year highs. What a call! When I made this prediction, the S&P was @ 1272.
ONE OF THE BEST CALLS I HAVE EVER SEEN!! Rubberbird is the real deal...... anyone that says rubberbird doesnt know what hes talking about is full of crap!
Nice call Rubber, you think the highs are behind us? Volume seemed weak. I would've like to seen 1280 firmly rejected and then look for a lower close. I was thinking maybe Wednesday, followed by more intense selling on thurs. and fri. to close out the week.
Thanks to Lilduckling, Choad, and my personal favorite handle "yeayo". I went out for a bite after the close, and I was asking myself if a single person on ET would acknowledge this call...or not. I'm glad a few did yeayo, yes I do think the highs were put in today, and this thinking is good thru expiration friday 12/16. Then I don't think much of anything will happen. Many thanks to ET as above poll was critical in crafting my certainty that highs wouldn't hold to close. I sold lots of Dec 1275 calls over $7; i'm lovin it!