S&P 500 very close to intermediate term top

S&P 500 is very close to topping 5/15/07

  • Yes I agree

    Votes: 99 55.0%
  • No I don't agree

    Votes: 49 27.2%
  • Not sure

    Votes: 32 17.8%

  • Total voters
    180
Quote from ghostzapper:

Dude, get real, with everything that has been thown at me over the last 10 years, if it hasn't happened yet, it ain't gonna happen. I'm just the best at minimizing risk !!



yeah, i will give you that...... it is hard to lose money when you paper trade.
 
Quote from ghostzapper:

ok CNBC says the old high is 1527. It's been 7 years so I didn't remember the exact number !

When the S&P hits 1527, the end is near. Oviously the first sign of trouble will be increased volatility so the upper end may get stretched abit.

And you can also say that at that point the risk/reward will strongly favor lower prices over the next 6 months. Take it to the bank.

apparently the trillion dollar hedgefund manager doesnt have charting software, he just remembers where every stock and index has traded, dont blame him for not knowing this was 7 years out anything inside of 5 and he would have known for sure!

good thing he had his old faithful CNBc to bail him out!!!
ahahahaha:D :D :D


i wil give him credit though he can form cup and handle, and bear flag formations out of the charts he has made in his head, THAT TAKES TALENT!

Either that or he draws them in the coloring books the kind staff at bellvue provides him with..... unfortunately the books only have enough pages for 5 years of data..... ROTTEN BASTARDS!!!


This explains why the billion dollar man has yet to figure out something as easy as this.....
 

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Quote from dealer:

Getting a funny feeling in my bones.......will look to further reduce longs on any bounce towards earlier highs

Using this pop to get out of remain longs. It's been a nice ride!

Enjoy the weekend folks!
 
Quote from ghostzapper:

No fight at all, more like fun.

See that capitulation top made just now ? Now watch the market head lower. The end.

Posted at 10:08am,

Posted within 1 point of the intermediate term top and within 1 minute of the intermediate term top. Pretty excellent !
 
Quote from ghostzapper:

The S&P closed today @ 1503.2 and the technical indicators arte now signaling an intermediate term topping pattern right here.

Does anyone see the same thing ?


What did you say? :D
 
congratulations to the 52% of respondents who voted that we were indeed "very close" to an intermediate term top !

We nailed it !. Now the fun and money is pouring in !
 
Quote from ghostzapper:

The S&P closed today @ 1503.2 and the technical indicators arte now signaling an intermediate term topping pattern right here.

Does anyone see the same thing ?

What did you say? :D
 
Quote from ghostzapper:

No fight at all, more like fun.

See that capitulation top made just now ? Now watch the market head lower. The end.

Like I said, negative for the day !
 
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