I'm 75% short, $100K
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Quote from waggie945:
What would happen to the Bonds and S&P if we had a pretty DRAMATIC short-covering rally in the Dollar?
Can you say Moonshot?
Sure, I knew ya could!
Greenspan speaking in Europe this morning and Bernanke on Wednesday I think. I would not want to be trading FX with a 10K account these next days or trying to call the top of this run in our markets.
Geo.:eek:
I know that if lots of people on this board are calling tops, it may be pretty bullish, especially if these posts are left alone; however, notice the number of people coming out of the woodwork to refute the top-callers -- I'd say it's about 3 "you shorts are going to get killed" for every top-calling post. Now put your contrarian hat on that! 
Quote from waggie945:
What would happen to the Bonds and S&P if we had a pretty DRAMATIC short-covering rally in the Dollar?
Can you say Moonshot?
Sure, I knew ya could!
Can you picture the Dollar rising just as stocks crack? It could happen, lots of funds long both equities and euros.
Quote from illiquid:
I know that if lots of people on this board are calling tops, it may be pretty bullish, especially if these posts are left alone; however, notice the number of people coming out of the woodwork to refute the top-callers -- I'd say it's about 3 "you shorts are going to get killed" for every top-calling post. Now put your contrarian hat on that!
yep, slowly more have come to scoff at the top callers, now what are all the sheep doing?
Quote from waggie945:
As I said late last week on one of these TOP CALLERS threads, if the December S&P gets above 1133, watch out, cause the next target will be 1177!
Great call nolan-vinny-sam!! you are certainly eating losses and crow and your medication in full today!!
Short from 1125, 1127 & 1128
Got my head put through the duck press going into the close yesterday, but the ride down today wasn't too bad.
a 2% day ... and looking to reshort
Got my head put through the duck press going into the close yesterday, but the ride down today wasn't too bad.
a 2% day ... and looking to reshort
Did ya know that if the S&P closes above 1122 this Friday, it will be the 8th consecutive up close for the SPX since 1998?
Backtesting the signals with an exit 8-Weeks later shows that 17 out of 21 trades were POSITIVE.
Thus, for all of you Top Callers out there like James Little Boy Blue, this data is NOT indicative of a topping market; rather it shows strength!
Duh.
Backtesting the signals with an exit 8-Weeks later shows that 17 out of 21 trades were POSITIVE.
Thus, for all of you Top Callers out there like James Little Boy Blue, this data is NOT indicative of a topping market; rather it shows strength!
Duh.
Why are you always trying to call for some sort of a TOP when the S&P 500 Futures haven't even gotten to a 50% retracement of the entire move off the highs back in 2000?
Do you even know where a 50% retracement would take the market? How about a fibonacci 61.8% retracement?
Do you even have a clue about these levels?
Do you even know where a 50% retracement would take the market? How about a fibonacci 61.8% retracement?
Do you even have a clue about these levels?