s&p just made intermediate term top @ 1440.1

did the s&p make an intermediate term top @ 1440.1

  • Yes, I agree with you thorn

    Votes: 19 28.4%
  • No, I don't agree

    Votes: 25 37.3%
  • i don't know / i don't care / go away thorn

    Votes: 23 34.3%

  • Total voters
    67
Quote from EqtTrdr:

DUDE. everytime you start one of these threads the market goes straight up..

dude, i started this thread w s&p @ 1430
if 1426 represents straight up to you, well, ok.
all i'm calling is a top anyway.
 
Quote from thorn:

dude, i started this thread w s&p @ 1430
if 1426 represents straight up to you, well, ok.
all i'm calling is a top anyway.

ugh... you did it again...
 
The market appears to be in distribution. It seems confined to a tight range for the last 2 months. The S&P cannot seem to move past the 1432 point. It did above 1432 last week but that appears to have been a bull trap.

The triple top in the S&P is a telling sign. If it cant break past that range then the S&P will move down probably by 10-20% at some point in the future.

Right now the market is running in place unable to get much further then the highs it established in December.
 
Quote from EqtTrdr:

ugh... you did it again...

whatever i did, please let me know!

the Feb 1450 calls just had major premium erosion and so i need to know what i did that caused me to profit so quickly.
 
Quote from thorn:

right bozo, its 9 figures, or more precisely over $250M in aum.
jealousy's a bitch, ain't it bozo?
this quote from RM must kill you bozo:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1208028&highlight=forbes#post1208028

you relentlessly pursue me on an an anonymous message board. it can only be from jealousy.
it's creepy!


For the right wager, I am more than willing to meet you at my clearing firm in New York so that we can verify my trading record. Name the amount and be prepared to lose it.
 
Quote from thorn:

dude, i started this thread w s&p @ 1430
if 1426 represents straight up to you, well, ok.
all i'm calling is a top anyway.



At least you are doing a little better, your S&P topped at 1431 thread was started when we were trading at 1410 and is still underwater.
 
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