S&P 500 looking very toppy

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Quote from Pabst:



Just thought I'd pat myself on the back and the wallet.:D
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Join the club!

I said earlier "I made a great deal of money making this fine assessment, and I hope one or two of of you guys did as well."

I was referring to inandlong and yourself when I mused this. I'm glad it was you! You are one of the few ET'ers with the guts to contribute to this thread. You deserve the money!

Here comes the money! Money, money money...
 
Quote from Bolts:

I'm still just barely bullish. :eek: Wouldn't bet any money on it, though. S&P broke support, but Dow and Nasdaq still look like they're holding up OK. But it certainly does look like I'll be bearish if we close lower tomorrow. Gotta stick your neck out once in a while to have fun on this forum. :p
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If a 50pt NQ drop is your idea of "holding up ok". :)
 
Quote from Romeo:



Join the club!

I said earlier "I made a great deal of money making this fine assessment, and I hope one or two of of you guys did as well."

I was referring to inandlong and yourself when I mused this. I'm glad it was you! You are one of the few ET'ers with the guts to contribute to this thread. You deserve the money!

Here comes the money! Money, money money...
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Thank You Romeo.
My psyche will tell me in the next few days whether I believe I deserve the money! LOL!:)
 
Quote from Pabst:



Thank You Romeo.
My psyche will tell me in the next few days whether I believe I deserve the money! LOL!:)
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Check out the new poll results, more bulls than bears all of a sudden, and on an ET poll no less! You know what that means??:)
 
Despite the ET regulars best attempts to ignore this popular thread, I notice that the "views" have topped 10,000. Protest all you want, o jealous ones, it does nothing.

As a matter of fact, with all the "regulars" absent here, it's quite an accomplishment that this thread is still so popular.

For ponder: Just think about the ramifications of trading knowing the market cannot rise. I tried to start two journals both in July, both selling multiple S&P futures (big contract) over 1,000. Obviously those were my bets. Ie selling S&P out of the money calls etc. And the dough just keeps rolling in!
 
Quote from Romeo:

Despite the ET regulars best attempts to ignore this popular thread, I notice that the "views" have topped 10,000
.........

As a matter of fact, with all the "regulars" absent here, it's quite an accomplishment that this thread is still so popular.
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This is pretty funny stuff. Reminds me of one of the quotes generally attributed to Yogi Bera (seems like they all are) ----

"Nobody goes there anymore; it's too crowded"

Gotta wonder if Romeo sees the humor in what he says. Somehow, I doubt it.

:confused:

Peace,
RS
 
Quote from AMT4SWA:

Pulled some nice trades long the ES today! :D
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Nice going AMT'!!!

Btw, just to lighten things up.... How do you know the toothbrush was invented in Kentucky?


Because if it were invented anywhere else, it would have been called teethbrush!

:)
 
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