S&P 500 looking very toppy

Discussion in 'Trading' started by rubberbird, Jun 20, 2005.

Is the S&P 500 about out of gas?

  1. Yes, rubberbird is usually correct

    67 vote(s)
    33.3%
  2. No, there's more upside ahead

    46 vote(s)
    22.9%
  3. I don't know/ I don't care/ the bird is an idiot

    88 vote(s)
    43.8%
  1. Like I said rubberbird may be the best top/bottom picker around..I really don't know. I just think that statement he made was not very astute market wise. Small Cap companies ARE the economy.

    that being said...good trading to you both!
     
    #141     Jul 13, 2005
  2. quite serious.

    "your experience is showing"??? Dude, you wish you had 1/10 the experience i've had. You know zero, and that throws your credibility about the Russell out the window. As Donald Trump said to stuttering John, "i'm rich, you're poor. I talk, you listen."

    good trading to you too.
     
    #142     Jul 13, 2005
  3. speaking of H&S, is that one shaping up on the 5M S&P chart?? walther says 1:45 et is a trading time, so maybe the shoulder is a formin!!
     
    #143     Jul 13, 2005
  4. Just saw this thread but I Sold 10569 1 hour ago.

    10477 area first target!

    :)
     
    #144     Jul 13, 2005
  5. Granted, I only have 9 years in the market. And I know nothing about you. But your wrong about small caps not being leaders and about my wealth (since you brought it up).
     
    #145     Jul 13, 2005
  6. OK Bill Gates, tell me how many times in the last year the Russell has made a new all-time high, and the corresponding amount of times the S&P, Nasduq, Dow have followed.
     
    #146     Jul 13, 2005
  7. Not a market to go short.
     
    #147     Jul 13, 2005
  8. You are the one who likened yourself to Donald Trump..I never said I was Bill Gates.

    The RUT has been LEADING the charge it has made more new highs..the SPX has not made as many..thats what leaders do...they LEAD.

    The RUT closed at 640.44 on 1/3/05 and made new highs at 644.04 on 6/16, 644.2 on 6/17, 653.24 on 7/5, 662.14 on 7/8, 671.74 on 7/11 for a total so far on the year of 5 new highs.

    The SPX closed at 1202.1 on1/3/05 and made new highs on 2/25 @ 1211.35, 1222.1 on 3/4, 1225.3 on 3/7 for a total of 3 new highs on the year.

    RUT = 5 new highs so far in 05
    SPX = 3 new highs so far in 05

    Not here to argue...just talking facts.
     
    #148     Jul 13, 2005
  9. Third time I've been stopped b/e sheesh
     
    #149     Jul 13, 2005
  10. Don't fight the trend, because in the long run it is for 100% sure that you lose.
     
    #150     Jul 13, 2005