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 ghostzapper:

I wanted to thank thorn for his persistence on this board. He started 2 threads this year, both identifying "intermediate term" tops on the S&P, and he was damn close on both calls! I have followed thorn for a while, and I know he is worth listening to. So I thank thorn for posting his thoughts on ET.
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And both of those calls were wrong just as all of his others.



Quote from Buy1Sell2:

rubberbird

Registered: Apr 2004
Posts: 1177
09-14-04 03:43 PM
Point and figure analysis tells me that the S&P rally is running out of steam. 1140 looks about the top.

Only serious replies please.




rubberbird

Registered: Apr 2004
Posts: 1177
11-29-04 11:12 PM

That is a double top your looking at, folks, at 1185. That's the high for the year. No holiday rally, sorry. Rubberbird has a pretty good record on ET when saying the S&P has topped. Yes, pretty darn good record.

Good luck not getting hammered on the sell-off!

rubberbird

Registered: Apr 2004
Posts: 1177
03-16-05 12:22 AM
This is it folks...the biirds final prediction and thread. I guarantee that the S&P has made an intermediate term top at 1225-1230, and won't see those levels for months! Enjoy the grind down over the next few months!

This week is triple exp. so lots of calls to expire worthless. That's 1 way to make money, another is good shorting and my specific ideas are...

lets hear from hypo-runt, rat-race, waggie and pspr. That's 2 folks whose opinions count! Good trading to all.






rubberbird

Registered: Apr 2004
Posts: 1177
06-21-05 01:48 AM
The S&P is about out of gas. Maximum number is around 1225, if it can make that. Since I get many PM's to post this type of info, I will appease the masses, so here we go...it is a toppin'


rubberbird

Registered: Apr 2004
Posts: 1177
02-01-06 03:51 PM
goog has come back...S&P @ 1281 right now.
February has long week-ends, and slower trading..is this a better month for the S&P to hit the magic 1300 level?

I say no, the S&P will not see 1300 in February.



thorn

Registered: Apr 2006
Posts: 726
05-11-06 07:13 PM
Intermediate = as in many months.

the s&p has been unable to bust thru 1326.7 in recent days, and now has sold off abit. I say that 1326.7 marks massive resistance now.

thorn

Registered: Apr 2006
Posts: 726
01-25-07 06:44 PM
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!


thorn

Registered: Apr 2006
Posts: 726
10-05-06 12:39 AM
nothing at this moment. All I will say is that I think the s&p will be below 1350, where it closed today, at year end 2006. So that's how I voted in the above poll. Anyone want to go against the mighty thorn?


thorn

Registered: Apr 2006
Posts: 726
10-05-06 01:08 AM
In another trading thread, 1/3 of respondents said the s&p will top 1400 by years end. Come on 33.3%, show yur faces so I can laugh at you.




thorn

Registered: Apr 2006
Posts: 726
11-01-06 11:17 PM
That's right. The s&p has already topped out for the year.
The s&p will not see 1390 in 2006.
Take it to the bank.


thorn

Registered: Apr 2006
Posts: 726
11-21-06 12:51 PM
http://www.elitetrader.com/vb/showt...&highlight=2005

In honor of rubberbird, who won this last year, I am asking this trading question. The s&p will end the year at which price?

It would be most difficult to repeat as champion of this!

I'll start and say 1372

I'll give a weekend summary of all predictions.
thorn

Registered: Apr 2006
Posts: 726
11-27-06 11:27 PM
i guarantee that the s&p just made an intermedaite term top on 11/22 @ 1407.9. it will not see that level for many, many months.

i am so sure of this that i will leave ET and not come back under any alias if i am wrong.


thorn

Registered: Apr 2006
Posts: 726
12-22-06 05:07 PM
@ 1431.8 and it won't see that level for the entire 1st quarter of 2007.
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Quote from volente_00:

This call was good if you trade with 21 point stops. Some of us prefer to be within 1 point when calling tops.

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The psycho stalker volente is back, and dumber than ever! Thorn called an "intermediate term" top and was within about 1% of being correct, and probably made a killing off of his persistence that the market was topping out. You, on the other hand, called a short term top, made 2 points on the ES (by your own admission), and then lost a bundle (by your own admission) when you tried to catch falling knives.

There is a difference between the calls. You were wrong, it was not a "short term" top. Thorn was correct, it was an "intermediate term" top.
 
Quote from thorn:

I know the s&p will be negative this year. The current s&p price is 1430.

Look out below!
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Thorn must be making a killing in this market! And it's not like he didn't warn us...alot!
 
Quote from ghostzapper:

Thorn called an "intermediate term" top and was within about 1% of being correct, and probably made a killing off of his persistence that the market was topping out.
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:confused:

:confused:

:confused:


Quote from thorn:

i guarantee that the s&p just made an intermedaite term top on 11/22 @ 1407.9. it will not see that level for many, many months.

i am so sure of this that i will leave ET and not come back under any alias if i am wrong.
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Since when is 53 points / 1461 less than 1 percent ?



Oh wait, you and thornybird must have had the same math teacher at that top 5 grad school .
 
Quote from volente_00:

Since when is 53 points / 1461 less than 1 percent ?
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Is you for real ?? The title of this thread, at the top of this and every page, says "the s&p just made an intermediate term top @ 1440.1"

But what do you see ?? And what thread and what year is your quote from?
 
If you want to get technical, thorn posted he was short heavily from 1430 in the first post on this thread. We then moved to 1461 right after that ? Is 31 / 1430 still less than 1% according to your top 5 mba math ?
 
Quote from volente_00:

And both of those calls were wrong just as all of his others.
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Volente, you are preaching to a brick wall.

It is better to let "chicken little" and the littlettes have a 1 in 12 success than to waste your breath. (Take it from the voice of experience :D)
You had to imagine that if he kept calling for a top long enough, one would show up. It has shown up and the "traders" in here know the skinny. Let him and his followers have their day in the sun because it will rain again on their parade.
 
Quote from volente_00:

If you want to get technical,
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You mean you want to state facts, be honest ?? LMAO.

Everyone knows what they read in the title, it says top @ 1440.1.

And wtf is this crap about top 5 MBA ?? I think its time to put you on ignore.
 
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