s&p just made intermediate term top on 11/22

[DeepFried]

These threads are a hell of a lot more interesting when people give some reasons why they're going long or short.

 

[satchel]

poopie is about to get pooped on?

 

[DeepFried]

Quote from satchel:

poopie is about to get pooped on?

That's more like it.

 

[ByLoSellHi]

Quote from DeepFried:

These threads are a hell of a lot more interesting when people give some reasons why they're going long or short.

I am more bearish when traffic is really terrible.

 

[DeepFried]

Quote from griffins:

DF: I have a directional algo which forecasts a 5-day outlook. I don't take it in isolation, but tend to follow it when we're significantly ob on that same duration.

Okay, thanks, griffins.

 

[volente_00]

Quote from DeepFried:

LOL, now don't you start! What are you seeing that makes you think this is a top?

I

Because we hit my 1410 prediction finally.

 

[JimmyJam]

Quote from volente_00:

Tried to warn you thornybird but you let that damn ego get the best of you,






Now that this call is blown, I am calling a short term top today at 1411. Let fall begin.

You nailed it as usual Vol, but not yet.

The big boys are gonna wanna have a chance to off-load.

JJ

 

[patoo]

Quote from thorn:

i guarantee that the s&p just made an intermedate 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.

Well I guess Thornbird to going to meet his buddy Rubber Bird up thar in bird heaven.

 

[bsmeter2]

Quote from patoo:

Well I guess Thornbird to going to meet his buddy Rubber Bird up thar in bird heaven.

He's made some good calls. Unfortunately this is not a "normal" market so the usual forcasting methods will not work. The american stock market has been manipulated since July and will continue to be manipulated into the near future.

 

[volente_00]

Quote from bsmeter2:

He's made some good calls. Unfortunately this is not a "normal" market so the usual forcasting methods will not work. The american stock market has been manipulated since July and will continue to be manipulated into the near future.

Manipulated ? Because we are in a bull market making higher multi year highs ? thornybird tried, but the fact remains it is useless to try to call tops in a bull market.