Forget about S&P 1000

[S2007S]

Quote from Landis82:

Blah, blah, blah.
Same old stuff from you.
You've completely missed this rally with all of those inverse (bearish) ETF's that you claim to have bought over the last month. Why not do all of us TRADERS a favor and stay out of the TRADING FORUM for 2009?

These last 2 days I have added the most inverse positions in a long time.


SMN
QID
MZZ
TWM
SCO
ERY
DUG
SRS

I'll let you know how it goes.

 

[B. Rowshan]

Quote from Reaver:

it's always kept me from listening to people like you

Yet you still follow me all around ET like a sick puppy. Go figure.

 

[robbie380]

Quote from B. Rowshan:

remember what mr. rowshan says: S&P will hit 840 before it hits 1000. (current price 920)

when has mr. rowshan been wrong?

Quote from B. Rowshan 11-19-08 04:30 PM:

Take this from the guy who started a thread when the S&P was 1250 saying that it would plummet below 1000 within a month.

Now...S&P will be under 700 in a few days. You'll see.

I guarantee it. and I haven't been wrong yet in 2008.

explain this

 

[Ivanovich]

Quote from robbie380:

explain this

Already tried that route. More convenient to not answer, I suppose.

 

[Landis82]

Quote from S2007S:

These last 2 days I have added the most inverse positions in a long time.


SMN
QID
MZZ
TWM
SCO
ERY
DUG
SRS

I'll let you know how it goes.

I already know how it goes with you.
You claim to put on all sorts of inverse ETF positions, yet do so without any stop losses.

You are LONG the FAZ at $54.29 average price for two accounts and it closed today at 34.30
That's nearly a 40% LOSS in just three weeks!

http://www.elitetrader.com/vb/showthread.php?s=&threadid=147412&perpage=6&highlight=faz&pagenumber=1

Furthermore, as usual you REFUSE to post a "screen-shot" of your positions, when asked.
Why is that?

Do you really TRADE for a living, or do you attend the local junior college and receive a small posting "commission" from Baron for helping to generate web-activity on ET?

 

[B. Rowshan]

Quote from Ivanovich:

Already tried that route. More convenient to not answer, I suppose.

And this is how you lead by example ?

 

[Reaver]

I'm thinking turd3r and rowshan are related somehow...

 

[makloda]

Quote from S2007S:

These last 2 days I have added the most inverse positions in a long time.

Excellent trading. We're in a recession, there is simply no way you can lose money with these double and triple short ETFs in a recession.

In fact, they're like free money.

 

[JSSPMK]

Quote from B. Rowshan:

2009 is off to a positive start (S&P @ 917.5). Obama's coming, the vix is under 40, oil is low etc etc. Looks like the ripe ingredients to propel the market higher.

Wrong!

The S&P will not see 1000 in January. It will see 840 before 1000. Take it to the bank. Either it's rowshan or it's wrong.

You are right that it is still a bear market, whether SPX would see 840 before 1000 I have no idea. One thing to note - SPX is now trading above 50 average, for the first time in quite a few months. Yet the index locked above 50 average on relatively thin volume. Next resistance is 950, then 1000.

If you got a sell signal, then sell

P.S. If this is an IHS with LS @ OCT/NOV, H @ NOV/DEC, RS @ DEC then we just might see 1000 before 840.

 

[Ivanovich]

Quote from B. Rowshan:

And this is how you lead by example ?

Lead by example? What are you talking about? I'm a forum moderator, not a supreme court justice or something.

You still haven't answered the question, though.