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 makloda:

Are we breaking down yet? ghostzapper, should I cover that 2000 ES short position that I initiated on 1505 :confused: It's at 1537 now :(
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Actually, today my money is on the 1% to 2% drop in the major indexes by today's close.
 
Well.....those buy programs didn't take us very far. Expecting more programs to kick in around 11am which should take us to new highs for the day.
 
have we "blown thru" the top yet ? LMAO

And guess what, June (swoon) starts tomorrow. I'm expecting apologies from all the slugs who have infested this thread.
 
Quote from ghostzapper:

And guess what, June (swoon) starts tomorrow. I'm expecting apologies from all the slugs who have infested this thread.
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LMAO. Can't wait for you to register a new nick :p
 
Quote from ghostzapper:

Free money selling this intermediate term top !!

Markets are staggering and are finished ! June will be negative starting June 1st !
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There ain't gonna be a june swoon. More like a june boon!

Seriously, shorts will not be vindicated until Dow falls below 13,250 and the equiv move in other indices. So even if we come off 2% bulls are still laughing to the bank. I unfortunately got in late so I will feel some pain but most others will use a dip as a buying opportunity!
 
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