s&p just made intermediate term top @ 1431.8

[nonlinear5]

Can't wait to hear that 1435.5 is the new resistance.

 

[EqtTrdr]

Quote from thorn:

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

 

[Wayne Gibbous]

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Quote from thorn:

and if it tops 1431.8 anytime thru 3/31/07, i will leave ET forever effective immediately.
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Quote from Wayne Gibbous:

I really don't want the thorn-ster to leave.

Without him and BS to kick around, how fun would this place be?


<img src="http://ichart.finance.yahoo.com/b?s=%5EGSPC"/>

 

[ProfLogic]

Quote from thorn:

and again today !

Any last words as thorn before you start using the "Blue Streek" nic full time?

 

[thorn]

Quote from thorn:

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

This prediction had a good run, it lasted over a month, and i'm proud of my call of resistance.
I offer no excuses today, it was breached, and congrats to the bulls.
It's still a bull market, for now, until I post the next intermediate term top!

 

[lauriston]

like the everready battery, the markets just keep grinding higher and higher and higher, it's getting weird!! http://lauristonletter.blogspot.com/

 

[volente_00]

Quote from thorn:

This prediction had a good run, it lasted over a month, and i'm proud of my call of resistance.
I offer no excuses today, it was breached, and congrats to the bulls.
It's still a bull market, for now, until I post the next intermediate term top!

You are proud at calling a top on 12/22 when the S&P was trading at 1410 ?


Watch those calls closely thornybird as they are fixing to be in the money.

 

[thorn]

Quote from bozente_00:

Watch those calls closely thornybird as they are fixing to be in the money.

i'm still holding those calls, bozo, just like RM is still long oil @ 63.

What a bozo!

 

[marketbarometer]

We still have several more earnings reports and a Fed meeting to go. Many of the companies beat earnings, but most either offered neutral guidance or guided lower. As well, oil and interest rates continue to grind higher. Not to mention a very low vix and put/call ratio which doesnt spell bull. How do the markets climb higher without puts or volatility? I say everyone is using margin and eventually that will aggravate any small correction.

This might be a bull trap...

 

[Wayne Gibbous]

Quote from thorn:

and if it tops 1431.8 anytime thru 3/31/07, i will leave ET forever effective immediately.

Shane!

Come back, Shane!...Please...don't...leave...Shane, uh, I mean thorn...