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    S&P 500 very close to intermediate term top

    ghost, So if you called this top. 1527-1529 on the S&P, and if we blow thru that top again in up coming weeks. You will admit this is a wrong call?
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    Why does CNBC quote NAR economists?

    A biased one for sure.
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    Yesterday's 16% increase in home sales was also a 19% decline from last year

    But these guys are already trading at 1.2-1.3x book...its already build in.
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    S&P 500 very close to intermediate term top

    ghostzapper, calling a tops like this doesnt take much skill. What if you are wrong? Then what? Did you make or lose any money? First you post that the top is near when S&P is at 1503. Then you said the market will top out the first half of June. Then you said it'll stall near the old...
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    Cramer says BECAUSE AMZN is $69, that makes GOOG worth $1000

    Amazon is a serach engine?! :eek:
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    Re: working as a trader at a hedge fund

    BRAZIL BABY, BRAZILLLLL!
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    Hedge Fund TV Show

    Any update on the Cilantro's fund ytd return?
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    S&P 500 very close to intermediate term top

    ghostzapper, Care to post a copy of your statement?
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    Average Hedge Fund Did Worse Last Year Than The S&P

    Hows 0 beta and 7-9% after fee sound?
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    Watch a Newbie Blow his account

    Arghh, I would do whatever you were doing be4 if I was you. And pick up couple books on trading while you on your new job. I just don't get why. $100k from a corporate job + money from swing trading- thats like almost risk free.
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    Watch a Newbie Blow his account

    This is got to be a f--king joke. Let me see if I get it: 1. You had a job that make 6 figures and you tripled your money trading stocks last 6 months. 2. You got layoff so your life if depend on full time trading. Which is not bad consider you triple your money last 6 months. 3. You...
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    Re: working as a trader at a hedge fund

    Vinny, if you can spend time to chase women and clubbing in the city and still make bank and have a hedge fund hire you as a trader. Please let me know how to do it. Cuz' I would love to hear it.
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    S&P 500 very close to intermediate term top

    Ghostzapper, if you think the market will correct during first half in June, why make this post so early and make a fool out of yourself?:confused:
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    S&P 500 very close to intermediate term top

    Because you said this is topping out within one month. Nearby out of money puts is like the best way to play that type of setup. Tell me how you playing your top calling setup?
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    Amzn

    who's selling Amazon's stock? :confused:
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    Another idea by cm69

    They been doing this. Its call prop shop. :D
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    China shares sink on monetary tightening 3,17 %

    This is peg along with H share, not A share. H share listed in HK didnt get the mania buying like the A share in China did.
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    S&P 500 very close to intermediate term top

    So if S&P advance another 100 points within a month then fall back to 1500. Do you still consider yourself right?:confused:
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    My Experience at a Prop Firm

    Mav is right, Pineman. Those formal trading will do you no good. If the prop believe in their teaching, they should pay a salary and give profit split. A lot of firms give "formal training" and draws...doesn't mean they give a crap about their traders.
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    S&P 500 very close to intermediate term top

    So are you loading into the June Puts on S&P then?
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