S&P just put in other short term bottom on May 11

Did the S&P put in another short term bottom on MAY 11 ?

  • You betcha, we are going to 1334 this summer!

    Votes: 7 33.3%
  • You are crazy, this bad boy is go to 1280 !

    Votes: 14 66.7%

  • Total voters
    21
Quote from volente_00:

You already know my trading style.

2 point stops. Once stopped out I am done for the day. Revenge trading will get you nowhere. Goal is only 2 points a day.

This guy is soo full of sh*t, he walks around with a septic tank.
Quote from volente_00:

Made 1 trade today from the long side from 1304 to 1308. Yesterday I gave you 2 points.
Pulease. Your $5K account was emptied today, and thanks for the dollars.

For a guy screaming over and over that the s&p would hit 1330, the losses you talk about today sound very, very suspiciously low.

That's remarkable, b/c I was screaming that a top was in place from yesterday, and I made about 3-4% today!!

So which is it? Are you lying when you make a prediction, or are you lying when you tell us about how you traded it? It's either one or the other
 
Quote from volente_00:

You already know my trading style.


MWF short bias

T days long bias.


2 point stops. Once stopped out I am done for the day. Revenge trading will get you nowhere. Goal is only 2 points a day.

yeah, nice schizo post there bud. How does the above have anything to do with your magnificent prognostications of 60 point rallies that you "load up long" on every down day jibe with T day?
 
Quote from thorn:

Finally? I defy you to show us your excel spreadsheet for the last few months to prove you didn't lose money with all of your calls. Your calls were maybe 50/50. And that's not good when you're a perma-bull "the market is always at a short term bottom" type of trader. Because the one time it isn't a short term bottom, like today, and you're blown out of your $5K ameritrade account.



Actually I only keep 20k with RCG.

I can play this game. Since I never posted an exit.

I am still long from 1260, 1265, 1270,1280, 1299 and 1300.
Are you still short from 1250 on up rubberbird ?
 
Quote from der_kommissar:

yeah, nice schizo post there bud. How does the above have anything to do with your magnificent prognostications of 60 point rallies that you "load up long" on every down day jibe with T day?



Are you really that clueless ?
Yesterday was T day. I went long. I lost 2 points.
Today, I ignored my MWF bias and did not capture any profit from the short side. Hope you made a killing. I did tell you we would bounce from 1300 and we did and I traded that bounce.


http://finance.yahoo.com/q/bc?s=^GSPC&t=1d
 
Quote from volente_00:

Are you really that clueless ?
Yesterday was T day. I went long. I lost 2 points.
Today, I ignored my MWF bias and did not capture any profit from the short side. Hope you made a killing. I did tell you we would bounce from 1300 and we did and I traded that bounce.


http://finance.yahoo.com/q/bc?s=^GSPC&t=1d

Look bro, have you not been chastising people all over Elite Trader for the past 5-6 months about this "cant lose" rally and implied on basically every up day that you were long the whole ride?

Now tell me how does this not contradict your "2 point a day" theory? I mean scalping for 2 points and constantly implying you are long for months at a time are different animals dont you think?
 
Show me a post where is says I was holding long from 1250 til 1325 ? All I did was predict the turns. I do not hold overnights in ES. I have been trading with a long bias during the moves, but I still short intraday when I think the odds are in my favor.
 
Quote from volente_00:

Show me a post where is says I was holding long from 1250 til 1325 ? All I did was predict the turns. I do not hold overnights in ES. I have been trading with a long bias during the moves, but I still short intraday when I think the odds are in my favor.
How bout this one:
Quote from volente_00:

If being a rank amateur includes making 6 short term bottom predictions on the S&P in 3 months and nailing every single one of them with a total gain of 140+ point profit then I never want to become a pro. Happy trading as we break out today.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=67197&perpage=6&pagenumber=44

2nd post on this page. This bozo makes apex capital look good.
 
I just saw the Mexican prez ,vincente fox on tv and I had a thought. Volente00 should change his handle to VolenteSTOX. That would make sense because his positions are all South of the Border....... hoowwaaaaa

...Rennick


ps. that was a 350 yard drive , right up the middle
 
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