S&P 500 looking very toppy

Romeo · Jul 10, 2003

Hope everyone who followed this thread made a killing, like I have, especially today.

The timing of this thread was perfect. I hit the top dead on.

dbphoenix · Jul 10, 2003

I was wondering when Jesse J would show up again.

Romeo · Jul 10, 2003

Quote from dbphoenix:

I was wondering when Jesse J would show up again.

Out of respect to the moderator here, please let's keep this thread to trading, and the subject is, "The S&P looks very toppy!"

I won't be able to post as often as I used to. I know that pleases some of you. No joke.

But who will make the pinpoint accurate market calls if it isn't me?

Romeo · Jul 10, 2003

Quote from dbphoenix:

I was wondering when Jesse J would show up again.

Incredibly, it appears as though your and my tag team has sent mr. monkey packing for a few days. I say he's coming back any day now, though. What's your opinion?

The S&P has definitely topped, and won't be seeing 1,000 anytime soon.

gms · Jul 10, 2003

He reminds me of Pacman. Shrivels up and disappears off the screen, but comes back again...

Trader5287 · Jul 10, 2003

Quote from ktm:

Most people are still bullish here, regardless of the poll. How many of you were buying today?

The poor amateur investor type is afraid of missing the boat.

Check out the sentiment readings...still very bullish and the higher it goes, the more bullish. It's a beautiful thing, quite frankly.

Trader5287 · Jul 10, 2003

Sorry about the prior post.

I bought heavily today - all the stocks I trade regularly and had been cleaned out of last week. In the case of one penny - GRA, an asbestos play, I was cleaned out twice just today. I'm not doing anything different than a specialist would I think.

With stocks anyway, I can't operate without some decent inventory on hand.

Geo.

Romeo · Jul 10, 2003

Quote from Trader5287:

Sorry about the prior post.

I bought heavily today - all the stocks I trade regularly and had been cleaned out of last week. In the case of one penny - GRA, an asbestos play, I was cleaned out twice just today. I'm not doing anything different than a specialist would I think.

With stocks anyway, I can't operate without some decent inventory on hand.

Geo.

If you bought heavily today with REAL money, you're about to have your head handed to you on a platter.

dbphoenix · Jul 10, 2003

Quote from gms:

He reminds me of Pacman. Shrivels up and disappears off the screen, but comes back again...

Not unlike the burrito you had for lunch . . .

Mvic · Jul 10, 2003

Romeo I am glad that you have been scooping it up and certainly thank you for starting the thread but lets give credit to Mr Bling Bling who called the actual top and told us how to trade it.