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No, it's worse. You would be soylent green.

I'm still relatively young...but that is besides the point. I just find it kind of offensive the amount of shit that is thrown the way of Spooz Top. The guy is using lingo that could easily be googled and has been used on this site forever, so it's just laziness to have to chastise him for...

Glad to see a thread with a happy ending. Good on both of you guys.

Yeah, I do remember the $500 multiplier, but on the flipside the markets were a different animal back then. Then around 97 I believe the big contract (S&P) went to $250 about the time they launched the e-mini's..made it a nice conversion of 5 ES = 1 SP. But you also probably remember that...

Just a thought..but maybe YOU can adapt to the terminology instead of asking everyone else to cater to your lack of knowledge about the matter.

Finally kind of agree with B1S2. 2660 buy into weekend is a pain trade that has been working.

Another pain trade set-up. i.e. scary Friday afternoon plunge into a bounce right near the close with another Sunday night gap up.

He always does that. Some might call it cognitive dissonance.

Coupled with his inability to identify or even define a gap, it's almost comical.

This was actually a decent thread. Too bad all of those guys left the site years ago.

Yes. For me, it all started getting weird with the blue font.

Pretty much everyone is using the 2007 analog it seems. I saw it posted and referenced some time last year and it has followed reasonably well, but it can never be 100% trusted.

Chart looks like it could also lead to quite a few traps. I see that last peak above the January highs occurred into the March 12th high. That led to a 250 pt pullback in S&P. It's basically made a marginal new high just like it did then.

It took guts to short it up there. Not saying I didn't see something (especially because I felt much of what propelled the indicies up there was a squeeze to 6850+ in NQ). AMZN releases those numbers (a week in front of earnings) and yet NQ basically did nothing and then just steady selling...

Yes, you haven't seen one sell signal since January. Just put it in your signature, it will save you time.

Yes, my condolences as well. Pets become a part of our families, non-pet owners don't understand the bond we develop with animals. Very sorry for your loss.

Couldn't agree more. Every film I ever saw him in (even some of the slapstick comedies), he stole the scenes. The guy was a natural if ever I saw one.

The hard sell-off Friday was a nice touch. Once it got back above those levels yesterday and just sat there it just felt "different". Meantime, VIX being hammered right back to the early March levels.

Then again, it's been a feature of this market for 9 years.

It's one of the difficulties of these markets in recent years. Volatility tends to come in short bursts then disappear for awhile, then reappear when everyone has herded into the opposite camp. (See the VIX positioning thread posted on here today). Now that everyone is banking on that going...