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
T

thorn

Guaranteed that the s&p topped yesterday, and will not see that level for many, many months. I'm heavily short, and I know the s&p will be negative this year. The current s&p price is 1430.

Look out below!
 
comments are most welcomed from RM, Pabst, Polpolik and marketbarometer.

intelligent comments are also welcomed!
 
anyone who thinks i'm wrong, please put it down in print now. While the s&p is close to this level.

this is a "trading" website, so let's here it from the traders.
 
Quote from apex82:

I dont think your wrong but you need to learn how to make a call...

Take some notes...... Call it before the fact not after


http://elitetrader.com/vb/showthread.php?s=&postid=1330567#post1330567

http://elitetrader.com/vb/showthread.php?s=&threadid=79351
More...

I thought i was calling it in timely fashion, I called it within 10 points of a top.

Anyway, I also called it last night, if that counts for "before the fact"

http://www.elitetrader.com/vb/showthread.php?s=&postid=1338174#post1338174
 
Here's a little info that only a few will appreciate, and I won't expand on it, but believe it or not dip-buying still will work during a sharp downtrend, AND will actually work better than during the bull times.

How? You gotta have the right systems/stocks. My best months last year were May-June.

Good luck to all. :cool:
 
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