S&P 500 looking very toppy
- Thread starter rubberbird
- Start date
A simple up down up sequence here would be nice over the next few days into the turn window of the 27th to 1253...
not too much to ask is it...
not too much to ask is it...
Quote from Gaucho MM1:
A simple up down up sequence here would be nice over the next few days into the turn window of the 27th to 1253...
not too much to ask is it...
this could be it.
ss SPX at 1234.
Head on the block time.
I am taking any top (in a sequnce that counts as a top of any degree!)
and counting as THE top and placing stops just above each one with 7% cap placement as a start.
Head on the block time.
I am taking any top (in a sequnce that counts as a top of any degree!)
and counting as THE top and placing stops just above each one with 7% cap placement as a start.
I would like to answer with a story that really happened last week:
In the Netherlands there is a website for investors where columnists write articles and give tips on investments.
One of the columnists has been fired after years of writing, because an IP check demonstrated that the columnist not only wrote articles, but also posted under 9 different nicknames.
He praised himself and had only negative remarks for his college-columnists. He has been doing this for more than 5 years.
Conclusion: donât believe everything you read on the Internet. You never know whom you are talking to. Only believe trading signals that are posted in advance, so that you can check them in real-time.
If I would say that I make double-digits positive returns every month for the last 25 years, who would be able to judge if it is true? Or if I would post that my real name is George Bush or George Soros, who would be able to judge if it is true? I might even be an alien and even my bad English might be fake.
But I did post in advance at 07-09-05 12:04 AM that we should stay long for at least two weeks.
I did post twice in advance that Mvic would be stopped out.
Most important is that I am a daytrader, I donât know anything about trading longer than 1 day positions, so the predictions were just a game. But as a daytrader Iâm really good, even if I say it myself.
Yes, this is the only statement that meant $$ to the traders who were trading for today. Good ole rubberbird, seeing the S&P flirt at 1234, called the double top BEFORE it commenced. And sticking to his guns that he would not cover at a double top, made a whole lot of $$ selling inflated calls.
Let's hear spike now...ummm uhh, well, stubborn, flexible yuk.
Easy solution spikey, a $25K bet, and i'll show you my audited results (1996-present) from a top 5 accouting firm. Not arthur anderson.
Are you a stubborn Ess Oh! Bee ?
Do you use logic and suddenly change your position based purely on evidence?
Are you a pigheaded position trader who ignores the noise of the media, chat rooms sky-falling chickens?
....why...you probably make money don't ya ?
Do you use logic and suddenly change your position based purely on evidence?
Are you a pigheaded position trader who ignores the noise of the media, chat rooms sky-falling chickens?
....why...you probably make money don't ya ?