I am long.... but am not trading... im long as in months to years ... dont want the mkt to go down.... 
s&p just made intermediate term top @ 1326.7
- Thread starter thorn
- Start date
Yeah its funny how he almost acts like this jackass i once knew named rubberbird, but no one could act as stupid as him, he pretended he owned a hegefund when everyone knew he was a deadbeat loser.
Quote from dwl603:
Yeah its funny how he almost acts like this jackass i once knew named rubberbird, but no one could act as stupid as him, he pretended he owned a hegefund when everyone knew he was a deadbeat loser.
That's funny. I know for a fact that the bird co-manages a highly successful hedge fund up over 25% YTD. So let's bet $100K and use Baron as an intermediary since you are so sure he doesn't.
Does this mean that you are also reconsidering your "1326.7 top for many months" call, or does it still stand?
To me, this market is looking for any excuse to go up, so I think your target resistance will be taken out pretty soon.
we are a long way from 1326. today was a very good sign, but i feel we need some more of these over the next month to be able to take that top out.
these up days are not because of earnings - we had great earnings last week and 0 action. i think the past few days is the market telling us that the fed will pause at the next meeting. once we get that all priced in we will need another catalyst to attack that top......
Puleeease!
Of course not. Don't be a moron. I made a call that the s&p would decline this week, and I was wrong. I posted a specific quote and said I was wrong on that specific quote. Which part do you not understand? Did you make it through elementary school?
I 100% stand by my assertion that 1326.7 is a LONG term top. The s&p will not see 1326.7 for the rest of 2006. As matter of fact, I see massive, massive resistance at 1280, which has been a concrete resistance so far.