S&P about out of gas?
- Thread starter Manolo
- Start date
Manolo, I don't trade the S&P 500, I trade currencies USD based, but I can tell you that my indicators also point to a cap of USD equities.
I see a major sell off of all USD based instruments approaching.
It would not surprise me to see a downturn for the rest of this year.
gsr
Not from Sunday, March 7th, but from MONDAY, MARCH 8th:
"Mon amigo, no need to get snippy. It's hard to say that the S&P has run out of gas when it closed at a 52 week high on friday.
But I do agree that we are in a range. But the facts are that the S&P is at a 52 week high, so it's hard to say it has run out of gas."
* Yeah, he sure called for the correction alright!
"Mon amigo, no need to get snippy. It's hard to say that the S&P has run out of gas when it closed at a 52 week high on friday.
But I do agree that we are in a range. But the facts are that the S&P is at a 52 week high, so it's hard to say it has run out of gas."
* Yeah, he sure called for the correction alright!
Have you ever seen a more jealous loser than waggie?
Not that I need to defend whats VERY OBVIOUS TO ANYONE WHO READS THIS THREAD, but the above out-of-context quote was in response to the above quotes from Samson. Last sunday, the S&P closed at a high of 1157, and Samson was telling me, as you can all read, that the S&P was already out of gas.
I responded by saying that the S&P could not possibly be out of gas, as it just closed at a new high. Furthermore, even though the S&P closed at a new high, I didn't view it as a breakout, rather that it was just at the top of the range.
Please read the first two pages of this thread to get the FULL FLAVOR of what was said, and you'll see how jealous waggie has taken my words out of context.
The question is: how big of a loser do you have to be to take words that ARE ALREADY THERE FOR EVERYONE TO READ out of context?
http://www.elitetrader.com/vb/showthread.php?s=&postid=446976#post446976
Posted tuesday at 2:45pm:
"
Try to spin this one.
How stupid do you think people are around here?
They can read the first two pages of this thread and know for themselves what was said.
Geez!
Posted tuesday at 2:45pm:
"
"
Try to spin this one.
How stupid do you think people are around here?
They can read the first two pages of this thread and know for themselves what was said.
Geez!
Let us all pray to the ET God, Manolo,
Oh Great Manolo, thank you for this market which we trade,
Thank you for blessing us with your presence,
Bless us that we should be able to call market tops as you do,
Please continue to give us your perfect market advice and
Show us how to call perfect tops in the market.
Oh Great Manolo, please keep us from our market transgressions and forgive us for worshiping false market gods,
Lead us unto your way so that we may never be on the wrong side of the market.
Oh Great Manolo, show those who would pronounce blasphemy of your greatness that you can continue to call perfect market moves. We pray to you that you will forevermore bless us with your grace and fill our hearts with correct market calls.
Aman-olo
Oh Great Manolo, thank you for this market which we trade,
Thank you for blessing us with your presence,
Bless us that we should be able to call market tops as you do,
Please continue to give us your perfect market advice and
Show us how to call perfect tops in the market.
Oh Great Manolo, please keep us from our market transgressions and forgive us for worshiping false market gods,
Lead us unto your way so that we may never be on the wrong side of the market.
Oh Great Manolo, show those who would pronounce blasphemy of your greatness that you can continue to call perfect market moves. We pray to you that you will forevermore bless us with your grace and fill our hearts with correct market calls.
Aman-olo
Waggs, you're not implying that Manolo was just lucky and really doesn't know where the market is going, are you? Blasphemy!
Show him Manolo! Post today (Sunday) where the market is going to close Monday. Like you did last week. We know you can do this to the tick but within a Dow point will be fine. Show him you are truly a Great Market God speaking to us through this forum and not just another huckster praying on us poor insecure traders.
Show him Manolo! Post today (Sunday) where the market is going to close Monday. Like you did last week. We know you can do this to the tick but within a Dow point will be fine. Show him you are truly a Great Market God speaking to us through this forum and not just another huckster praying on us poor insecure traders.
Quote from waggie945:
And yet I don't recall ONE SINGLE POST in which Manolo actually says that he is short any stock, stock-index, or futures contract at a specific price.
So much for actually trading.
