Will the S&P hit 1300 in February?

I will add to my short at least twice between here and 1400. I would actually like to see the rally here to give me some better prices to short.

 

Why ? What is wrong with making money on the long side ? Or are you hedging a long portfolio with ES short ?

 

longer term position play. Market will finish 2006 and I think mid to late 2007 well below 1300. My initial trades are "probes" with which I look to get in at a better average price for the big move. The initial trades are very small in nature and the money I would have made on the long side is tiny right now

 

To expand on what the Birdman said, watch the weekly chart for the formation of twin areolas and a wedge formation directly underneath, HUHUHUHUHUHUHUHUH



O O


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V

....Rennick the Chartman out

 

Buy1Sell1 do you have fundamental reason behind this belief.

 

mr. Rennick, while I find you funny, there's no room on this thread for this type of sarcasm. Please refrain. Bird over and out.

 

Very likely that the ES will see 1300 today.
The cash probably as well.

 

that would just reak of total awesomeness$$$

I love 100% up room to go