S&P 500 looking very toppy

Romeo · Jul 10, 2003

Quote from Mvic:

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.

I always do...

http://www.elitetrader.com/vb/showthread.php?postid=288527#post288527

BTW, I called a 1010 top as well. It was on a previous journal of mine. But that handle was disabled.

Trader5287 · Jul 11, 2003

Quote from Romeo:

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

?

Yes. You are right. I'm selling YM and ES right now at 5:30 in the morning.

Guess I'll take a bath on the asbestos play too.

Thanks for the heads up. I learned a lot from you.

Geo.

Romeo · Jul 11, 2003

Quote from Trader5287:

?

Yes. You are right. I'm selling YM and ES right now at 5:30 in the morning.

Guess I'll take a bath on the asbestos play too.

Thanks for the heads up. I learned a lot from you.

Geo.

Thank you. That's nice.

ElCubano · Jul 11, 2003

Quote from Romeo:

The internet bubble was an event. I'm referring to consensus and the stock market as a WHOLE over a long period. And it doesn't follow the consensus very well based on historical pricing models.

Got ya.....thank you for elaborating your point. sorry it took me so long to acknowledge but i was out in Costa " Pura Vida" Rica... In the end over a long period of time, you seem to be correct....but i was reffering more to the heard of investors flocking in to not miss the boat, they may be one powerfull force......peace

Romeo · Jul 11, 2003

Quote from ElCubano:

Got ya.....thank you for elaborating your point. sorry it took me so long to acknowledge but i was out in Costa " Pura Vida" Rica... In the end over a long period of time, you seem to be correct....but i was reffering more to the heard of investors flocking in to not miss the boat, they may be one powerfull force......peace

I have a close high school buddy, who 2 years ago, left his wealthy existence, and went to Costa Rica, and opened a mini-hotel on the water. Supposed to be beautiful down there. But watch out for the snakes!

How'd you enjoy it?

ElCubano · Jul 11, 2003

Quote from Romeo:

I have a close high school buddy, who 2 years ago, left his wealthy existence, and went to Costa Rica, and opened a mini-hotel on the water. Supposed to be beautiful down there. But watch out for the snakes!

How'd you enjoy it?

Snakes???

...... "PURA VIDA" is the Countries Motto....im sure ur friend is wealthier than ever ( and not money wise )......peace

P.S. Cubans eat snakes for breakfast.

macal425 · Jul 11, 2003

Quote from Romeo:

I always do...

http://www.elitetrader.com/vb/showthread.php?postid=288527#post288527

BTW, I called a 1010 top as well. It was on a previous journal of mine. But that handle was disabled.

Hmmm, I thought you called 1010 as a stop loss for a loss of 22.50 pts when it hit. Which it did.

Looks like you will once again have to decide on a new username when spoos hit 1000. Of all the predictions on ET over the years, yours, under your different usernames, have to be the absolute worst.

macal425 · Jul 11, 2003

Quote from Romeo:

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

Oops, ES trading at 1000. Time for the moderator to close this thread and put yet another username out of it's misery.

You know it's scary, Romeo, Hershey, Radid et al is so bad he's almost........Good. :eek: :eek:

Romeo · Jul 11, 2003

Quote from macal425:

Hmmm, I thought you called 1010 as a stop loss for a loss of 22.50 pts when it hit. Which it did.

Looks like you will once again have to decide on a new username when spoos hit 1000. Of all the predictions on ET over the years, yours, under your different usernames, have to be the absolute worst.

If you knew anything about the S&P 500 futures, you will know, or can look up this weeks data, that the high for the week was shy of 1010. But since you never trade these big boys, you wouldn't know that. They always trade at about a $2 discount to cash. But you wouldn't know that. You never traded a S&P future in your life.

How 'bout letting me stay under 1 handle, so jerks like you can't accuse me of these other idiotic things

Romeo · Jul 17, 2003

http://www.elitetrader.com/vb/showthread.php?s=&postid=271136#post271136

before Jim Radid's handle was disabled. But that's me, and that's how my journal was evolving, with incredibly accurate market predictions.

Then they disabled my handle, and deprived me the satisfaction of seeing this trade through to the glorious, hugely profitable end.