S&P 500 looking very toppy

[Mvic]

Rove now found to have been lieing all along. What a surprise, the architect of Bush'es Presidency a bald faced liar! Not a culture of life (not after all the death they are responsible for) but a culture of lies from the far right. No thank you to THOSE values.

 

[Pabst]

In the 2003 tax year, 41% of wage earners had NO Federal income tax liability.

 

[Mvic]

Bring on the Flat Tax 0 deductions. You make a $ you pay the same % everyone else does.

 

[areyoukidding?]

Can anyone on these boards hold to the topic of the thread. This is getting stupid.

 

[EqtTrdr]

die VIX!!!


thank you Greenie

 

[PitchBlack]

Quote from spike500:

Well, i don't think 1204 will be the top; we will go higher the next days i think.
But i don't known any thing about trading if it goes beyond daytrading.

That's is what i said on june, 29. We are up 16 points and two weeks later.
The "academical" posters at ET talk about randomness of the market, they say you can only predict on short terms ( 30 minutes), they say trends don't exist, they say you cannot predict the futur moves.....

Well perhaps they are right, but i prefer trading with systems that make money instead of doing theoretical gymnastics about what, according to the books, might be possible and what might be not.

And don't say i did post it on hindsight. I was probably very lucky.

 

[rubberbird]

Quote from jficquette:

Check out 10 year bond chart. Looks like ripe for sell off.

John

I don't see this. Could you show me a chart and tell me what you're looking at. Thank you.

 

[doublea]

Quote from jficquette:

This market is about to explode to the upside. Check out 10 year bond chart. Looks like ripe for sell off.

Next bubble is in the stock market. No where else for the liquidity to go.

John

If you look at the 10 year notes chart, you'll see that the notes started their move up in the 3rd week of March. A month after that the stock market started its move up. By your analysis the stock market should have been down during the time when the bonds were up. It did not happen.

I'll still short this rally with a stop at 1226 to 1230 depending on your risk tolerance.

 

[rubberbird]

Quote from jficquette:

This market is about to explode to the upside. Check out 10 year bond chart. Looks like ripe for sell off.

Next bubble is in the stock market. No where else for the liquidity to go.

John

Where is John to explain what he's referring to with this 10 year note?? I look at the chart, but maybe my TA doesn't work so well on notes vs. stocks.

 

[rubberbird]

Hey...1225 is an intermediate term top! The bird lives!

where's the guy who's "very bullish"...sorry, not today!!