Thanks thorn, just went long ES at 1437 on this contrarian signal.
You've been warned.
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s&p just made intermediate term top @ 1431.8
- Thread starter thorn
- Start date
Thanks thorn, just went long ES at 1437 on this contrarian signal.
You've been warned.
Quote from nonlinear5:
who is Thorn?
He is the guy who called 25 of the last 0 tops in this current bull market.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=74947&highlight=thorn
Quote from nonlinear5:
How did the probability go from 1% to 75% in one day?
the maggots are out in force tonite.
And t's an all star line-up! mavedick, bozente and nonsense5.
what did i do to deserve this dredge?
it was/is 1% to 5% that this is an intermediate term top that will last thru 3/31/07.
it's 75% chance of a tumble in the upcoming days.
Quote from thorn:
for all the Thorn fans:
Thorn puts the chances of a market tumble at 75% starting tomorrow. You've been warned.
Thorn, you know what my biggest trading weakness is?
<b>Forcing in trades when they're just not there.</b>
Great winning trades don't have to be <b>forced</b>. <i>They</i> come to <i>you</i> (not the other way around), and then just click into place, naturally. I think you're forcing this one. The market is NOT screaming 'top' into your ear at the moment- you'd <b>feel it</b> if that was the case. When this market is truly ready to top, you'll see it with clarity and certainty... not like now, where I think you're just stumbling around in a fog of uncertainty.
BTW, have you seen "Two for the money"? I know exactly what compels you to keep putting yourself on the line with these top calls. Pacino describes the feeling perfectly in his G.A. meeting monologue.