How high can the S&P go?

Pabst · Oct 5, 2003

Quote from dbphoenix:

Never have I seen so many "aces" be so wrong, all at the same time. While this won't stop them from making these idiotic calls (arrogance isn't necessarily tied to reality, and a sense of superiority is addictive), perhaps the gimmees who followed them learned something about exercising their own judgement.

I found your comments db to be a "f**k you" to both Romeo and my self. While naturally the entire call/trade/day/ was costly in money, the irony could be that my Oct.3 remains as the swing high and that Romeo's 1050 is never penetrated. Not an impressive close, particuarlly in ES which gapped above an old gap area and then closed below it.(1029)

In any case it's apparent that you and I have different methodologies and personalities. So what. In my 1100 posts on ET I've made quite a few good calls and thats perhaps placed me under a microscope that wasn't there a year ago. I don't seek adulation here. But if I think something I'm using is working I'm not afraid to share some cycle/time-price levels with the other fellows.

P.S. Welcome back inandlong!! Go Cubs!! And the BEARS are back. Both in Chi-town and on Wall Street!!

dbphoenix · Oct 5, 2003

Quote from inandlong:

Some get a kick out of Romeo's style... like me....

It's all fun.

Which is, I suppose, why the posts are here rather than Chit Chat.

As for fun, yes indeedy. I had a lot of fun on Friday

Romeo · Oct 5, 2003

Quote from Pabst:

I found your comments db to be a "f**k you" to both Romeo and my self. While naturally the entire call/trade/day/ was costly in money, the irony could be that my Oct.3 remains as the swing high and that Romeo's 1050 is never penetrated. Not an impressive close, particuarlly in ES which gapped above an old gap area and then closed below it.(1029)

In any case it's apparent that you and I have different methodologies and personalities. So what. In my 1100 posts on ET I've made quite a few good calls and thats perhaps placed me under a microscope that wasn't there a year ago. I don't seek adulation here. But if I think something I'm using is working I'm not afraid to share some cycle/time-price levels with the other fellows.

P.S. Welcome back inandlong!! Go Cubs!! And the BEARS are back. Both in Chi-town and on Wall Street!!

But I'm rooting for the Cubs for people like yourself. I'm not rooting for the Red Sox, though. I'm a NY'er, and a die hard Jets fan. 'nough said.

Yes, welcome back Inandlong.

Romeo · Oct 5, 2003

Quote from dbphoenix:

Which is, I suppose, why the posts are here rather than Chit Chat.

Yes, this "trading" thread, which is all about "trading", should be moved to "chit chat" b/c dumbphoenix says so. You running for Cal. governer also?

dbphoenix · Oct 5, 2003

Quote from Romeo:

Yes, this "trading" thread, which is all about "trading", should be moved to "chit chat" b/c dumbphoenix says so. You running for Cal. governer also?

Actually it seems to be more about guessing. But ial likes it, so knock yourself out

Romeo · Oct 5, 2003

Quote from dbphoenix:

Actually it seems to be more about guessing. But ial likes it, so knock yourself out

I'll put my track record in the stock market against yours any time, smart guy. Mine's audited, and I'd be willing to make a large wager it blows yours away. Guessing? Not when you make money 8 straight years, smart guy. Care to make a wager?

dbphoenix · Oct 5, 2003

Quote from Romeo:

I'll put my track record in the stock market against yours any time, smart guy. Mine's audited, and I'd be willing to make a large wager it blows yours away. Guessing? Not when you make money 8 straight years, smart guy. Care to make a wager?

I really don't care how much money you make. Guessing is not a behavior I'm interested in emulating.

Pabst · Oct 5, 2003

Quote from dbphoenix:

I really don't care how much money you make. Guessing is not a behavior I'm interested in emulating.

Whether you beleive you have an "edge" or not, one can only "guess" at what the outcome will be of any trade.

Romeo · Oct 6, 2003

Quote from Pabst:

Whether you beleive you have an "edge" or not, one can only "guess" at what the outcome will be of any trade.

may they make the world series, and lose to the Yankees!! Anyway, some Cub demons were killed last night. And I certainly know demons, as a Jets fan.

Forget about phoenix, of course he doesn't "guess" when it comes to the market. That's why he always makes money, but yet is afraid to put forth his great "non-guessing" track record against my track record of "guessing".

Mvic · Oct 6, 2003

why do you care?

As far as I can tell the only one here who thinks he is an Ace is Romeo (Ok AMT does too but I don't think you were referring to him) and evidently with good reason given his track record over several years.

The rest of us are just voicing what we think the market is telling us. We don't always lay out our method but to just assume that we have none and are simply making uneducated guesses or following other's "guesses" is a little disingenuous of you.

Either way why you would care enough to jump in and kick people while they down so to speak? Friday was a nasty day for many successful traders, your post makes me think you haven't been in the markets long.

Unless you are involved in arbitrage all trading is is a series of educated guesses anyway. If you think that it is anything more than that then you clearly haven't been trading long.