S&P has had it ! Intermediate term top right here !

Did the S&P make an intermediate top @ 1555.9 ?

  • Yes I agree

    Votes: 49 40.8%

  • No, I don't agree

    Votes: 41 34.2%

  • I don't know / I don't care

    Votes: 30 25.0%
  • Total voters
    120
Quote from ghostzapper:

Thx, but not red, it's all green in July baby !
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lol, i meant the folk who bought off you must see your same numbers in own acct pnl... just that his are painted in red, innit. ;-



good trading
 
Quote from Bitstream:

lol, i meant the folk who bought off you must see your same numbers in own acct pnl... just that his are painted in red, innit. ;-

good trading
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Knew it meant something that was not a slight !

good trading to you too
 
Quote from Pa(b)st Prime:

I've covered my short futures, bought OTM calls against my ITM puts (the puts are so far in the money that there's no market for them on Globex) and I'm actually long NQ from 34.50-37.00

I have no idea if these levels hold but I have support here so I'm long.
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Nice work Pabst !
 
Quote from ghostzapper:

Nice work Pabst !
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Thank's bro. The profits from my index longs were relatively modest but my losses had I stayed short would have been dramatic. I'm short Bonds so I had to stay a bit underleveraged on the long side of stocks. After all Treasury strength and equities weakness are virtually 100% correlated these days.......
 
Quote from ghostzapper:

Nice work Pabst !
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what you thinking of in terms of short into the fed announcement today?? i really dont see how a rate decrease is possible, and i think the street thinks it is coming, but with the market down so much it seems dangerous.

I am willing to go ballsout and say short into fed = money, but if its wrong it will hurt real bad real quick.
 
market at intraday highs ahead of the announcement.

Going to get very volatile in 3 minutes.


13700+ is possible.

13250 is also possible.
 
Quote from dwl603:

what you thinking of in terms of short into the fed announcement today?? i really dont see how a rate decrease is possible, and i think the street thinks it is coming, but with the market down so much it seems dangerous.

I am willing to go ballsout and say short into fed = money, but if its wrong it will hurt real bad real quick.
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I suck i called this a week ago on ET and could not make any money off of it cause i stopped myself out for the day on a shitty short early =( whatever atleast i had the discipline to follow my rules.
 
you still holding shorts GZ or do you hold any significance on this reversal???


I suck, i handed the market money like michael jackson at the childrens festival today......, short 15000 imcl between 11:35, and 11:45 eastern.

I got hammered on like a whore on payday =(
 
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