s&p just made intermediate term top @ 1326.7

[thorn]

Quote from Cariocas:

Is this the same thorn from the clearstation days?
Cariocas

Negative amigo. Never heard of clearstation.


Following post made on 5/11/06

Quote from thorn:

Intermediate = as in many months.

the s&p has been unable to bust thru 1326.7 in recent days, and now has sold off abit. I say that 1326.7 marks massive resistance now.

Quote from krazykarl:

check back in 2 months and we'll see how accurate it is.

You mean the first 2 months that its been 100% correct doesn't count?

 

[thorn]

Quote from thorn:

The s&p is at the upper end of its range, and thorn sees massive resistance around 1280-1290.

July will be another great month for selling the market.

I love this call! Come on "traders", fess up that this was a highly accurate call inside a highly accurate thread.

 

[thorn]

Quote from thorn:

Intermediate = as in many months.

the s&p has been unable to bust thru 1326.7 in recent days, and now has sold off abit. I say that 1326.7 marks massive resistance now.

Congratulations on the 2 month anniversary of this great top call.

The question is now: will the s&p ever be able to bust thru 1326??

 

[thorn]

Anyone have a prediction as to when this thread will be proven wrong?

 

[thorn]

Quote from thorn:

The s&p is at the upper end of its range, and thorn sees massive resistance around 1280-1290.

July will be another great month for selling the market.

above post from 7/5

thorn was 100% on the money, and whomever was smart enough to follow the greatest top caller in ET history, made out like a bandit. Wooooo!

 

[CPTrader]

Quote from thorn:

above post from 7/5

thorn was 100% on the money, and whomever was smart enough to follow the greatest top caller in ET history, made out like a bandit. Wooooo!

So Thorn, where's your target price for the SPU, DOW, NDX/NQU??

 

[thorn]

Quote from CPTrader:

So Thorn, where's your target price for the SPU, DOW, NDX/NQU??

I appreciate the question. Although I cannot believe it took this long, and for this thread to be sooo sooo right for someone to actually chime in.

I have maintained on this thread that the s&p will go below 1200. Once it does, I'll update my prognostication. Obviously, to be a good trader, you need to be able to adapt to changing conditions. And when the s&p busts thru 1200, conditions will be a changing.

ps this thread is the most accurate prediction thread in ET history.

 

[krazykarl]

Quote from thorn:

I appreciate the question. Although I cannot believe it took this long, and for this thread to be sooo sooo right for someone to actually chime in.

I have maintained on this thread that the s&p will go below 1200. Once it does, I'll update my prognostication. Obviously, to be a good trader, you need to be able to adapt to changing conditions. And when the s&p busts thru 1200, conditions will be a changing.

ps this thread is the most accurate prediction thread in ET history.

what indicators did you use to call the top? Making a call once is easy, let's see you make some more intermediate-term calls of value.

(please be aware that i still think calling tops and bottoms is a suckers game)

 

[CPTrader]

Quote from krazykarl:

what indicators did you use to call the top? Making a call once is easy, let's see you make some more intermediate-term calls of value.

(please be aware that i still think calling tops and bottoms is a suckers game)

I am no fan of all this top calling....but in fairness thorn has had SEVERAL accurate calls.

 

[frank grimes]

Krazykarl it is time to give Thorn the props he deserves. There are very few "Parma" bears on this site. You said you have traded for the grand total of 1 year. There are more of me around who have traded for 15+ years. Everyone here thinks money is made in bull mkts..Wrong..The fastest and biggest money is made right now. I troll, but don't post too much anymore because of the long only crowd..Face it, we are in a secular bear mkt. period.