s&p just made intermediate term top @ 1431.8

[noddyboy]

Quote from thorn:

this is waaay too good of a call to be buried.

How do you figure that this is the exact top?

 

[thorn]

Quote from noddyboy:

How do you figure that this is the exact top?

new year, new volatility.

 

[thorn]

Quote from thorn:

@ 1431.8 and it won't see that level for the entire 1st quarter of 2007.

if this is such an easy call to make, why are the March 1450 calls trading for double digits?

 

[Tums]

I am a daytrader. I only worry about what will happen in the next 5 minutes.

 

[thorn]

Quote from Tums:

I am a daytrader. I only worry about what will happen in the next 5 minutes.

do you know how much cash you could make if you could really say that the s&p won't top 1431.8 thru 3/31/07 ?? you could retire off of it.

 

[Maverick74]

Spoos traded up to and closed at 1437.25 today on Globex.

 

[thorn]

Quote from Maverick74:

Spoos traded up to and closed at 1437.25 today on Globex.

never heard of the cash making a print when the market is closed.

 

[Maverick74]

Quote from thorn:

never heard of the cash making a print when the market is closed.

Cash? Your prediction is on cash, not futures? OK, next time state that please. Regardless, futures traded up 8 handles today in response to every index market around the world trading at record highs.

 

[thorn]

Quote from Maverick74:

Cash? Your prediction is on cash, not futures? OK, next time state that please.

Next time state that? Is you on crack? It is very well known, and has been stated numrous times by me over a long period of time that when i refer to the s&p it is to the cash that i'm referring to.

Don't just throw out baseless assertions, it makes you look foolish.

 

[thorn]

Quote from Maverick74:

Regardless, futures traded up 8 handles today in response to every index market around the world trading at record highs.

That's great. As i've already stated, this prediction has a low, low probability of being proven correct. That's why the March 1450 calls trade for double digits. Obviously, the odds are stacked tremendously against this call. And that's the beauty of this intermediate term top forecast.