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

[nonlinear5]

Quote from JimmyJam:

It's been nice knowing you. I guess Volente_00 wins this one.

The chart you posted is for a futures contract, not the cash index. In fact, Thorn wouldn't understand what you posted, as he admitted himself that he didn't know what ES stands for. Nevertheless, according to him, he successfully manages a multi-billion hedge fund.

 

[EqtTrdr]

yall dont worry....


the "you guys are clowns... this is now a double top" posts will soon follow

then the "this is an SPX triple top" posts...

 

[JimmyJam]

Quote from nonlinear5:

The chart you posted is for a futures contract, not the cash index. In fact, Thorn wouldn't understand what you posted, as he admitted himself that he didn't know what ES stands for. Nevertheless, according to him, he successfully manages a multi-billion hedge fund.

LOL, and the hits just keep on coming!

Wasn't it Voltente_00 who said that if you faded Thorn's calls, you would've made a mint?

Now I wish I had listented to'em ...

No matter how you slice it, the guy's toast (hey, I bet all that buying activity was from the Shorts who thought that we had made another top) .

 

[Wayne Gibbous]

Quote from nonlinear5:

The chart you posted is for a futures contract, not the cash index. In fact, Thorn wouldn't understand what you posted, as he admitted himself that he didn't know what ES stands for. Nevertheless, according to him, he successfully manages a multi-billion hedge fund.

Not only that, but:

Quote from thorn:


I know i'm the greatest trader this site will ever see...

Give me a f*cking break. My computer kicked your ass the last 3 years (+30% - +44%).

Give me a few more years and I'll be the greatest ever!

Or at least my computer will.

 

[EqtTrdr]

are we there yet?

 

[ACM Trader]

Quote from EqtTrdr:

are we there yet?

A couple of points. Should be defended, though. So not sure we will actually close at new highs. Interesting.

 

[Wayne Gibbous]

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[JimmyJam]

Quote from ACM Trader:

A couple of points. Should be defended, though. So not sure we will actually close at new highs. Interesting.

Doesn't have to.

The statement was "will not see that level", whereas the reality is, as volente_00 pointed out "we should've bought the selloff aggressively, because it's going right back up there".

 

[thorn]

man oh man, you would think with all this babble the s&p punched a new high.

But it didn't. High for the day 1406.3

1406.3 < 1407.9

 

[volente_00]

Quote from thorn:

man oh man, you would think with all this babble the s&p punched a new high.

But it didn't. High for the day 1406.3

1406.3 < 1407.9

So you do know math thornybird. How come you did not understand the same math on the other top calls ?


1407.9 > 1180
1407.9 > 1240
1407.9 > 1280
1407.9 > 1300
1407.9 > 1328.8
1407.9 > 1390