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

Did the S&P make an interediate term top @ 1407.9?

  • yes, I agree

    Votes: 15 30.6%
  • no, you are wrong thorn

    Votes: 24 49.0%
  • I don't know / go away thorn

    Votes: 10 20.4%

  • Total voters
    49
Quote from William Rennick:

RIP Thorny aka Rubberbird. S&p500 cash just crossed 1407. You will go down in history as having to leave ET more than anyone due to your bullshit top calls. Long live volente00 who outed you as a basement sitting internet geek sitting in bacon stripped tightie whities on a chair with a strong smell of ass, instead of the Manhattan Hedge Fund Tycoon which you claim to be. My advice for you is to try not to get nailed in a sting operation for pervs responding to enticing chat room offers.
The thought of you showing up with a six pack of beer to a NBC Frontline pervert sting operation would be priceless. Gold thorn, pure gold.

Your friend,
Rennick

edit: At 1:35 pm the sp500 cash just broke through 1408. GET A ROPE...
sp500 just broke 1410.:D
http://www.elitetrader.com/vb/showthread.php?s=&threadid=65265&perpage=6&pagenumber=88
 
I'm a bear, and I freely admit it.

But when someone is wrong, they're wrong. Big deal. It happens.

I don't understand why so many people are so wrapped up in making predictions that they don't leave themselves a little wiggle room - even going so far as commit to leave ET forever if they're wrong.

I am now officially licensing the following statement for any ETer to use in the future, free of charge - use it at the end of any statement, ridiculous, or otherwise, and it's like immunity:


*Unless I'm wrong. :p
 
ANYONE think this 109 point rally will fizzle out to a 28 point gain by 4pm????????????????????????????????????????????????????????????
 
Ok,Ok,

I for one will pardon Thorn, but he should come back under a new handle so we can figure out who he is.. ET is getting too boring and we don't need to lose it's chief stooge.
Rennick the Christ-like one out
 
Quote from satchel:

1415+ vroom

shorts got it wrong again (last week monday and friday p.m. = double bottom buy)

That "double-bottom" was simply an A-B-C correction in which the B wave happened to make a new high.

Last Friday's late buying and the follow thru into today is the beginning of the 5th and final wave/leg up on the Daily SPX chart.

New highs are coming.

:)
 
repost:

suprised the markets dont see this:




12-01-06 11:16 PM

1. The National Association of Purchasing Management-Chicago business barometer fell to 49.9 from 53.5 in October.

2. The ISM index fell to 49.5% in November from 51.2% in October


3. Private residential construction spending fell by 1.9% in October after dropping 1.4% in September, the latest evidence the US housing market has pulled back.

4. Orders for US durable goods declined by the most in more than six years and consumer confidence unexpectedly fell. Durable goods orders to US factories plunged in October by 8.3 percent, the largest amount in more than six years.
 
This volatility is the only the beginning. I think we get another triple digit move to the downside sometime in the next week.
 
Quote from S2007S:

This volatility is the only the beginning. I think we get another triple digit move to the downside sometime in the next week.

Just tell me which day, that I can load some shorts the night before.
 
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