s&p just made intermediate term top @ 1440.1

Discussion in 'Trading' started by thorn, Jan 25, 2007.

did the s&p make an intermediate term top @ 1440.1

  1. Yes, I agree with you thorn

    19 vote(s)
    28.4%
  2. No, I don't agree

    25 vote(s)
    37.3%
  3. i don't know / i don't care / go away thorn

    23 vote(s)
    34.3%
  1. thorn

    thorn

    dude, i started this thread w s&p @ 1430
    if 1426 represents straight up to you, well, ok.
    all i'm calling is a top anyway.
     
    #71     Jan 29, 2007
  2. ugh... you did it again...
     
    #72     Jan 29, 2007
  3. The market appears to be in distribution. It seems confined to a tight range for the last 2 months. The S&P cannot seem to move past the 1432 point. It did above 1432 last week but that appears to have been a bull trap.

    The triple top in the S&P is a telling sign. If it cant break past that range then the S&P will move down probably by 10-20% at some point in the future.

    Right now the market is running in place unable to get much further then the highs it established in December.
     
    #73     Jan 29, 2007
  4. thorn

    thorn

    whatever i did, please let me know!

    the Feb 1450 calls just had major premium erosion and so i need to know what i did that caused me to profit so quickly.
     
    #74     Jan 29, 2007
  5. thorn

    thorn

    never did hear back from you, which works for me though.
     
    #75     Jan 29, 2007
  6. volente_00

    volente_00


    For the right wager, I am more than willing to meet you at my clearing firm in New York so that we can verify my trading record. Name the amount and be prepared to lose it.
     
    #76     Jan 29, 2007
  7. volente_00

    volente_00

    This time is different.


    :D
     
    #77     Jan 29, 2007
  8. volente_00

    volente_00



    At least you are doing a little better, your S&P topped at 1431 thread was started when we were trading at 1410 and is still underwater.
     
    #78     Jan 29, 2007
  9. thorn

    thorn

    #79     Jan 29, 2007
  10. volente_00

    volente_00

    What does posting a link to RM calling a bottom in oil at 63 have to do with your numerous blown top calls ?


    :confused:
     
    #80     Jan 29, 2007