In some ways you are correct. I shouldn't act like this. But i came to ET with an attitude to crush a loser who was making false statements about a good friend of mine's website. I did crush him, but in the process I developed this immature, arrogant tone and i guess i just kept it going. Then when the maggots see me getting predictions correct, they only fueled my "character". In real life, i'm really a humble guy!
s&p just made intermediate term top @ 1431.8
- Thread starter thorn
- Start date
In some ways you are correct. I shouldn't act like this. But i came to ET with an attitude to crush a loser who was making false statements about a good friend of mine's website. I did crush him, but in the process I developed this immature, arrogant tone and i guess i just kept it going. Then when the maggots see me getting predictions correct, they only fueled my "character". In real life, i'm really a humble guy!
It was a respectable chart call. Its easy to see on a chart that it has to climb over 1331 in order for it to go higher.
I watched this thing stay at 1327 all day long and then suddenly, slam!, it all came apart.
Now the key part is how the foreign markets will react. If the reaction is very negative, that could set us up for further detioriation tommorrow...
I watched this thing stay at 1327 all day long and then suddenly, slam!, it all came apart.
Now the key part is how the foreign markets will react. If the reaction is very negative, that could set us up for further detioriation tommorrow...
I believe the market is in for a correction that will take 2-3 months of time. The S&P will correct down to slightly below the 50 week moving average. That is my call for now and the 50 week moving average stands at 1315.
On the chart it makes perfect sense and it will feel painful to some folks when it does happen.
On the chart it makes perfect sense and it will feel painful to some folks when it does happen.
Quote from jimmyneutron:
FWIW, I sold 50 ES last night at 1437.50... horrible trade as I cut it off at 1432.00. I don't think 31 will hold on cash, but I've got a way you do 300% on that call if you're correct.
Talk to you bank and get permissioned to trade index exotics:
March SPX 1445 no touch, $310,000 debit, $1,000,000 payout if not touched. You're nuts to trade vanilla product.
If touched you lose $310,000?
Interesting...how do you buy?
Heh. Ever see one o' them poor Down's types, square head and all, really concentrating and "thimking" about how to tie their shoes?
Reminds me of thorny looking at charts and making calls!
Jez messin' with ya thorn-boy!
Good trading!
