S&P 500 looking very toppy

Is the S&P 500 about out of gas?

  • Yes, rubberbird is usually correct

    Votes: 67 33.3%
  • No, there's more upside ahead

    Votes: 46 22.9%
  • I don't know/ I don't care/ the bird is an idiot

    Votes: 88 43.8%

  • Total voters
    201
Advances 791 (24%)
Declines 2235 (70%)

CBOE at .77

Looks right. No worry displayed in the put/call in fact the ratio represents a contrarian sell signal. Opportunists abound for the bulls. 90% of options traders lose their capital.

Nice pattern so far today.

VIX making a nice upside break-out.
 
Quote from rubberbird:

excuse me amigo?

someone makes an outrageous claim, and then does zero to back it up. And then insults me rather than confront the reality of my offer to prove my 10 year record. My response is called "sarcasm", and his ridiculous accusations and non-responses were very worthy of a sarcastic response.

The bird always takes the high road.

I'm not interested in bets; the last bet that was proposed to me came from Proflogic. The loser would have to s*ck something in Alaska. He was lucky that i didn't accepted the bet, because he would have had a very painful mouth.

You don't have to prove me anything at all; after 15 years of daytrading i can perfectly judge your capabilities. And i thrust my own judgement more than what you post.

You are far to arrogant to be a successful trader.
 
Philly Fed July Employment 3.4 v June 7.1
Philly Fed July New Orders 5.0 v June 2.5
Philly Fed Manu sector Less optomistic on Outlook

Philly Fed July Price rec'd 12.0 v June 8.1

Philly Fed Modest Growth in July
 
Quote from rubberbird:

double top on the S&P..

goog down on the day...

is this the thread for $$ or what?

We're not even back down to you're last double top!:)
 
Quote from rubberbird:

double top on the S&P..

goog down on the day...

is this the thread for $$ or what?

Higher session high in the DJIND and lower high in the SPX. A continuance of divergent action with teh RUT making a weak top and VIX picking up.

Well done on GOOG eh.
 
Quote from JORGE:

We're not even back down to you're last double top!:)

that's the same double top we're talking about. double tops are not exact replications, rather just very, very close.
 
Quote from rubberbird:

double top on the S&P..

goog down on the day...

is this the thread for $$ or what?

You still have your SHORT GOOG position right? :p

I got mine.

We'll just see who ends up taking who's money.
 
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