S&P has topped for 2006

[apex82]

Thorn, I am afraid you may be wrong on this one... By the way, its better to make a call before the market starts rolling over...

http://elitetrader.com/vb/showthread.php?s=&threadid=79351

 

[volente_00]

Quote from thorn:

I probably made more money today than you have in your entire trading account, yet you come to this thread and pretend you know something. You is a fool.

A fool is someone who claims to run a 10 figure fund and has the grammer of a high school drop out.

Know something ? I know your punk ass called an after the fact top when we were trading at 1367 within 6 points of the bottom and we are now 13 points higher. I know we bounced off of the 20 day ema just like I told you we would when you were calling for 1350 and below.

 

[volente_00]

Quote from lilduckling:

A pull back now is a good buying opportunity.... and its the only logical way to play this mkt. Its the way its been done for hundreds of years... because in the overall longrun it works best...... instead of guessing where the exact top or bottom is.

Nothing like a lil duck teaching a bird the definition of fly.

 

[caddyshack2006]

this jackass couldn't nail a bunghole at a fudgepacker convention, let alone a friggen top. what a moron.

you just got shack attacked....bitch

 

[thorn]

Quote from volente_00:

A fool is someone who claims to run a 10 figure fund and has the grammer of a high school drop out.

My bad. You is a jealous fool.

I know jealousy is a bitch. It hurts. It stings. People are jealous of me, for co-managing a 9 figure hedge fund, and living the life I live. But these people know me. It takes 'pathetic loser' jealousy to a whole new level to be jealous of me on an anonymous internet message board.

 

[Bitstream]

we aint there yet, nevermind takin' shit out. for how likely that is...patience.

 

[thorn]

Quote from bozente_00:

we were trading at 1367 within 6 points of the bottom and we are now 13 points higher.

bozo, oh bozo, if I lost every time the s&p ticked higher, why would my share of my fund be +24% YTD with the s&p +10% YTD? And these returns are audited every month.

And why would my track record say this is my 11th straight year of double digit profitability? The s&p has had some banner years since 1995, yet I still do well. Jealousy hurts like a bitch bozo.

 

[thorn]

i'm looking for the s&p to slow up right around 1390, and create a double top formation. and irrespective of the maggots who will come out if the s&p hits 1391, i'm looking for the s&p to stop rallying around 1390, and create a double top pattern. If it keeps rallying over 1400, i'm wrong.

 

[Danulous]

Quote from volente_00:

A fool is someone who claims to run a 10 figure fund and has the grammer of a high school drop out.

Should I circle the misspelled word in that sentence? :eek:

 

[stock_trad3r]

You can't use TA on indexes like the S&P500.

The S&P is driven by fundementals more than technicals. So all your double tops and other TA crap dont work on it. Even with so called bad tehcnicals it keeps going higher as the US economy grows and companies generate more revenues and profits. The S&P should atleast outpace the going interest rate.