We have topped!

Discussion in 'Trading' started by TopHat, Nov 18, 2016.

  1. TopHat

    TopHat

    This is the best reply in this thread. The market is nothing more than a 2 bit wager. Not a civilized card game at a well regulated casino, but more like 2 guys in the street rolling a pair of dice.


     
    #41     Nov 21, 2016
  2. JSSPMK

    JSSPMK

    Do you understand reasons behind markets going higher & higher despite doom & gloom aficionados? I thought it would have been clear by now that the agenda is 'inflation based trend', it's pretty clear that there's no shortage of money with QEs at the ready when required. Markets simply reflect this. Come on guys, DOW will be at 20k before your prophecies materialise. Just look what happened in 2015, crashes are not 'allowed' anymore. Correction perhaps, but no crashes.
     
    #42     Nov 21, 2016
  3. TopHat

    TopHat

    I have to laugh! At least throwing your money around here is a better investment than the Clinton campaign which went straight to zero in a day.
     
    #43     Nov 21, 2016
  4. eganon69

    eganon69

    You didn't really answer the question.... if the top is in you should be willing to make money in the market as well as on a side bet here. What do you say at $1/point on the S&P from Friday's close. Every point UP between now and end of February 2017 you pay $1/point. Every point DOWN between now and end of February 2017 and I pay you $1/point. I accept PayPal.
     
    #44     Nov 21, 2016
  5. JSSPMK

    JSSPMK

    Nice upside this am
     
    #45     Nov 21, 2016
    eganon69 likes this.
  6. eganon69

    eganon69

    Look there...... within a WHISPER of the all time high. I guess he was wrong. TopHat, remember you said we have "topped"....past tense. So please don't come on here and change your tune saying we are topping. No excuses. When I am wrong I admit it, get out of the trade and move on.
     
    #46     Nov 21, 2016
  7. TopHat

    TopHat

    Wait a second! I posted this over the weekend...not on a market day...so consider the top call today. After today we wont see new highs for months!
     
    #47     Nov 21, 2016
  8. vanzandt

    vanzandt

    Today won't be the top.
    I'll let ya know when the top is in.
     
    #48     Nov 21, 2016
  9. TopHat

    TopHat

    We topped earlier on in the trading session and mark my word...we will not see these highs for months or years!
     
    #49     Nov 21, 2016
  10. eganon69

    eganon69

    LOL.... so shouldn't you have made a thread "We will TOP on Monday 11-21"?.... not we HAVE Topped!

    I made my call on Friday too.... just being proved correct today. YOU posted "LMAO...blah blah blah" and gave some nonsense about not knowing how markets work and other stuff. We can all disagree. But again we will break today's high sometime before Feb 2017. We may have a pull back but we will not break support (which I am calling 2050-2080 range) If we do break below that I will come on here and post that. In the mean time I will trade what I believe.

    Good luck sir
     
    #50     Nov 21, 2016