S&P 500 very close to intermediate term top

[ghostzapper]

That's what i'm talking about. Game on after long weekend .

 

[ghostzapper]

This thread will kick in right after the long weekend. It's clear as an azure sky.

From the beginning of June thru the second week of June, the S&P will make a final top to coincide with the 2000 highs, and then proceed to correct. This will be an intermediate term top.

 

[volente_00]

Quote from ghostzapper:

My prediction of an intermediate term top formation BEGINS @ 1527 close. That's what i've been saying in every post I make on this thread.

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 ?

Then why does the your first post say 1503.2 ?








Is it just pure coincidence that the S&P gained 27 points in the next 4 days after this top call was made or is this guy related to thornybird ?


http://finance.yahoo.com/q/bc?s=^GSPC&t=5d

 

[trade2learn]

Quote from ghostzapper:

Go long puts? Only if I want to lose. Going long options is a losers game. There are much better ways to take advantage of the coming double top.

Because you said this is topping out within one month. Nearby out of money puts is like the best way to play that type of setup.

Tell me how you playing your top calling setup?

 

[ghostzapper]

Quote from trade2learn:

Because you said this is topping out within one month. Nearby out of money puts is like the best way to play that type of setup.

Tell me how you playing your top calling setup?

Next week, I will short a few stocks for a few days.

 

[EqtTrdr]

Bulls make money
Pigs make money
Bears get slaughtered......

 

[makloda]

Quote from EqtTrdr:
Bulls make money
Pigs make money
Bears get slaughtered......

This is the only Wall Street adage that has always and will always be true.

 

[stock_trad3r]

Quote from EqtTrdr:

Bulls make money
Pigs make money
Bears get slaughtered......

werd

 

[chewbacca]

Quote from EqtTrdr:

Bulls make money
Pigs make money
Bears get slaughtered......

bro.....those are the most enlightening words on trading i've ever read.......thanks - fellow dipster.

 

[makloda]

So we are getting closer to the top yes? ES Up 0.21% on my screen, are we close yet?