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 traderyin:

ghostzapper will be back when there's a down day b/w now and June 15.

I CALL THIS ONE!

That is probably the best call on ET to date, Where can i buy Calls???:D


I am fully long a ghostzapper pompous rant!!! 4-1 margin, expiry date 3 days from now anyone care to challenge?


Long 100 (rubberbird rants about his defunct hedgefund)Calls

Strike of 0 since thats the number his hedgefund is dropping off the backend by the day.



1,000,000,000

|
|
|
|
V
0
SPX 1000


100,000,000
|
|
|
V
0


SPX 1100

10,000,000
| |
| |
| |
VV
00

SPX blows through 1440

100,000
| | |
| | |
| | |
VVV
000

SPX blows through rubberbirds 1500 CNBC all time high

100$

doulbing down with the last of the clients money


Exit at 100$ for a hooker from the bronx(risk management)


That is how you take a billion dollar hedgefund down to a gummer with no teeth, written by the bird.
:D

Rubberbird owned and operated hedgefund:minus -999,999,900



























KNOWING YOU JUST GOT A BILLION DOLLAR GUMMER FROM A CRACKWHORE: PRICELESS:D

There are some things money cant buy......... For everything else there is a defunct lunatic on ET who is a wannabe hedgefund manager.:D
 
Quote from traderyin:

ghostzapper will be back when there's a down day b/w now and June 15.

I CALL THIS ONE!

Good call ! I will be back...once more...to either

1) accept accolades for this great prediction

2) admit I was wrong

between now and 6/15
 
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, still can't hear you. :D
 
Quote from polpolik:

How do you define close in terms of time and points?

1 day? 1 month? 6 months? if it crashes in 2 months, will you claim to have accurately predicted it?
Quote from ghostzapper:

Within 1 month, and the upper parameter is that it stalls out at the old highs of 2000.
Quote from ghostzapper:

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.

Ghostzapper right on the money as always !
I wonder how much premium erosion on the June S&P calls there is today ! 20% ? 30% ? Maybe 40% !!
 
Quote from trade2learn:

ghost,

So if you called this top. 1527-1529 on the S&P, and if we blow thru that top again in up coming weeks. You will admit this is a wrong call?




Quote from ghostzapper:

Absolutely.

When i'm wrong, I always admit it.
And that doesn't just go for trading. It's a good philosophy to have in life.


hello?
 
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Quote from polpolik:

How do you define close in terms of time and points?

1 day? 1 month? 6 months? if it crashes in 2 months, will you claim to have accurately predicted it?
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
Quote from ghostzapper:

Within 1 month, and the upper parameter is that it stalls out at the old highs of 2000.
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
Quote from ghostzapper:

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.
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