s&p just made intermediate term top @ 1326.7

Did the s&p top out @ 1326.7 ?

  • Yes, I agree

    Votes: 63 58.9%
  • No, it will go higher soon

    Votes: 30 28.0%
  • not sure

    Votes: 14 13.1%

  • Total voters
    107
Where are the stooges (that doesn't include prof. rendick). I am hoping for some acknowledgement that 4 months has passed, and 1326.7 still holds as an "intermediate term" top.
 
Quote from volente_00:

Would that be wednesday Sept 6th ?
You always were a day late and a dollar short. Keep following my lead. Next time you sell those calls for 2, you will be buying them back for 10-15.


Uhoh, bozo is back, and dumber than ever. I said I sold calls @ $2.25, and currently they're trading at $.25. And that's bad? lmao.
 
Quote from thorn:

I said I sold calls @ $2.25, and currently they're trading at $.25..

covered the whole lot at an average price of $.30

It's not that I think the s&p will get that high in a few days, i'd just rather be out of the trade and concentrate on others.
 
Quote from Buy1Sell2:

I believe the market can be bought here at 1271.50(ES) with an initial target of 1300 and secondary target of 1320.

Due to the rolling of contracts from Sep to Dec, I am adjusting the secondary target on this call to 1331.00 basis Dec futures. Original call 08/01.
 
Quote from thorn:

covered the whole lot at an average price of $.30

It's not that I think the s&p will get that high in a few days...

Perfect example of how sometimes it's better to be lucky than smart!
 
Quote from Buy1Sell2:

I believe the market can be bought here at 1271.50(ES) with an initial target of 1300 and secondary target of 1320.

This target has now been achieved. In addition, the roll target in Dec of 1331.00 was hit today . What this means is that this call from 08/01 is inching closer and closer to being the number one call in the thread. Thorn's call on the cash index top is still valid unless it is taken out during the "many" months that it was originally predicted for. So, in summary, Thorn's call, while very good, may end up falling due to the usage of the word "many" instead of "several" when indicating the number of months that it would be good for. "Many" is a word used generally to describe eighteen, so the call has fourteen months to go. :)
 
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