s&p just made intermediate term top @ 1431.8

did the s&p make an intermediate term top @ 1431.8?

  • Yes, it will last thru 3/31/07

    Votes: 9 15.8%
  • No, it will be topped in the 1st qtr of 2007

    Votes: 32 56.1%
  • i don't know / i don't care / go away thorn

    Votes: 16 28.1%

  • Total voters
    57
Quote from thorn:

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.


dude how do you always manage to call the bottom by calling a top?


anyway... thanks and keep it up$$$
 
Quote from EqtTrdr:

dude how do you always manage to call the bottom by calling a top?


anyway... thanks and keep it up$$$


Yep, but he is doing it on purpose. It is his way of giving back since his hedgefund is now defunct.
 
Quote from EqtTrdr:

dude how do you always manage to call the bottom by calling a top?


funny how you can make that comment yet this thread was started a few weeks ago and is still in play.
 
Not much to say now, except:
"It ain't over until it's over !"

Still pretty early in the game. Your call is for the next 3 months. We will see. But today was a remarkable reversal. I was just able to catch a little bit of it. But much less than what the market offered.
 
Yeah, the market went straight up immediately after your call. That was the marginal high of the move, but you called it 13 handles lower with this thread. You've got no more than 6 points gain if held. Not giving you a hard-time, but I simply don't see the logic. Is it the end of quarter already?
 
I have something to say, thank you. I read this post and had 75% of myself in cash going into the New Year. Your post made me print up a chart of the S&P and if it wasnt for this post then I wouldnt have done my homework so well.

As today started, I stared the S&P closely as indicated in the prior posts. It never made it over 1330 which was a warning sign to me. I did feel guilty not being a part of the pop in the China stocks, but now I feel proud of having my cash and the ability to sit on the sidelines and wait for the bottom.

Thanks once again. In this market, its brains not bulls that will see us through. . .
 
Quote from jimmyneutron:

Yeah, the market went straight up immediately after your call. That was the marginal high of the move, but you called it 13 handles lower with this thread. You've got no more than 6 points gain if held. Not giving you a hard-time, but I simply don't see the logic. Is it the end of quarter already?

you sound and talk very similar to another poster. Oh, and you're new here! I wonder who you can be??

I started this thread and said 1431.8 was an intermediate term top. And so far it is. So wtf are you talking about?
 
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