s&p just made intermediate term top @ 1326.7

[thorn]

Quote from Math_Wiz:

Well, I went through the first ten pages, and the last ten pages and couldn't find it. Do I really need to go through the other 20 pages to find it? lol. You're a meanie. Couldn't you just tell me? haha.

Actually, I did find reference where you targeted the S&P at 1200. Was that what you meant by an exit strategy? Cover your position when the S&P hits 1200?

well actually you did find it then. Yes, this thread calls for covering at 1200, although I reserve the right to update as market conditions change.

good luck to you wiz.

 

[thorn]

Quote from Math_Wiz:

Hey, you just witnessed my first and last prediction on EliteTrader, lol.

the prediction business ain't easy, is it?

 

[thorn]

Quote from Math_Wiz:

I'll post my prediction here for this week...

I think we have a nice up-week ahead of us.

Not exactly the up week you had in mind. But maybe, just maybe, the s&p will end up on the week! Or at least the final June exp. print for s&p options.

 

[Math_Wiz]

Quote from thorn:

Not exactly the up week you had in mind. But maybe, just maybe, the s&p will end up on the week! Or at least the final June exp. print for s&p options.

Yep. Hold! Hooold!!



+-*/ Math_Wiz

 

[thorn]

Quote from Math_Wiz:

I'll post my prediction here for this week...

I think we have a nice up-week ahead of us.

Good call amigo! You took the "volente route", that is...the s&p went 30+ pts against you, and then you were right on the money!

 

[Math_Wiz]

Quote from thorn:

Good call amigo! You took the "volente route", that is...the s&p went 30+ pts against you, and then you were right on the money!

+-*/ Math_Wiz

 

[thorn]

With the s&p closing @ 1256, let thorn be the first to stand down this market and say that this rally is close to running out of gas. 1265-1275 is a very safe selling range. But I will wait til monday morning to initiate sales.

 

[thorn]

Quote from thorn:

With the s&p closing @ 1256, let thorn be the first to stand down this market and say that this rally is close to running out of gas. 1265-1275 is a very safe selling range. But I will wait til monday morning to initiate sales.

Thorn is never wrong. 1265-1270 is massive resistance.

 

[polpolik]

what's your time frame on this? only for today? for next week?

 

[krazykarl]

Quote from thorn:

Thorn is never wrong. 1265-1270 is massive resistance.

if we git another hint that the fed is one and done 1270 will be taken out back and shot.


krazy- out!