I'd rather just call it in real time on the exact day and time it happened.
http://elitetrader.com/vb/showthread.php?s=&threadid=82899&highlight=top
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s&p just made intermediate term top @ 1431.8
- Thread starter thorn
- Start date
I'd rather just call it in real time on the exact day and time it happened.
http://elitetrader.com/vb/showthread.php?s=&threadid=82899&highlight=top
Quote from volente_00:
Let's try this again. When you posted this after the fact top on 12/22/06 the S&P was at 1410 and change , 141 spy calls were selling for $1. Today they are selling for $1.80. If selling calls and watching them go 80% against you is a making out like a bandit then I would hate to see what losing is.
http://finance.yahoo.com/q?s=SFBAK.X
:eek: :eek: :eek:
Quote from thorn:
and b/c bozo says it you believe him?? I knew there was a good reason i never respected you maverick.
In the real world of trading, i sold 200 Jan 1450 calls @ $3.1 approx and what are they worth today?
First it was the March 1450 calls and now it's magically the Jan 1450 calls???
http://www.elitetrader.com/vb/showthread.php?s=&threadid=83211&perpage=6&pagenumber=3
:eek: :eek: :eek:
Quote from Maverick74:
First it was the March 1450 calls and now it's magically the Jan 1450 calls???
http://www.elitetrader.com/vb/showthread.php?s=&threadid=83211&perpage=6&pagenumber=3
:eek: :eek: :eek:
"are you from the bozo school of irrational and twisted thinking?"
I guess you answered my question in spades. In your link, I quote the March 1450 calls as trading for double digits to make a point that calling a top within 20 points of it and saying it will last for over 3 months is very risky. The March 1450 calls are trading for double digits b/c there is a high prob of the s&p blowing thru 1450 by March. I also quoted my prediction as having a 1% chance of being correct.
Now see if you can follow the dots...b/c I feel there is a top, I sell the Jan 1450 calls now, and collect the premium. When/if that works and they expire, I then will move to the Feb 1450 calls...and then to the March 1450 calls. I only trade the front month as i'm in the business of making money, something you may not understand.
Do you even trade? Sure doesn't sound like it.
You are so full of crap. If you sold any calls on the day you said at 1410,which just happened to mark a short term bottom and we then proceeded to move from there back to 1429 those calls went up as well. Now we are 13 points higher on the index than on 12/22/06 and you sir are once again getting spanked by the bulls. Keep changing those handles and trying to call after the fact tops. After being wrong for the last 300 points you will eventually get it right.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=38214&highlight=top
http://www.elitetrader.com/vb/showthread.php?s=&threadid=38214&highlight=top
Quote from bozente_00:
You are so full of crap. If you sold any calls on the day you said at 1410...
Bozo! you are tooo funny, unfortunately you are not aiming to be. "If I sold any calls on the day I said" ?? Please don't put words in my mouth, this is a message board, just show us the post. Show everyone here your words are to be taken seriously.
ET has already come to the consensus that you suffer from MPD.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=74947&highlight=james+stock
Now show us some more 300 point losses thornybird.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=38214&highlight=top
http://www.elitetrader.com/vb/showthread.php?s=&threadid=74947&highlight=james+stock
Now show us some more 300 point losses thornybird.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=38214&highlight=top