S&P looks good to a new high

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my 1025 guess will not be within 5 points of the high. Cannot win them all. Hopefully, 1040 will prove some resistance.
 
I think a top was put in today at 1031.6

I was about 6 points from the exact top.

The S&P is ripe for a fall.

You heard it here first.
 
Quote from Romeo:

http://www.elitetrader.com/vb/showthread.php?threadid=21980

mostly every post "cannot see how the market will drop any time soon".

Now I'm bearish again, and believe this is a top right around here 1030-1040.

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Yeah interesting. I counted 15 bullish opinions , 4 cautious ones and no bears. Extreme sentiment. Once again it seems that the market will do the opposite of what the majority think it will do.

And I'll be starting a newsletter titled " The Lucky Guess Forecaster"..... - Guaranteed to equal the accuracy of the average market timer!-


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"Good luck is better than early rising."
- Irish saying
 
Quote from futurecurrents:



**********************************************

Yeah interesting. I counted 15 bullish opinions , 4 cautious ones and no bears. Extreme sentiment. Once again it seems that the market will do the opposite of what the majority think it will do.

And I'll be starting a newsletter titled " The Lucky Guess Forecaster"..... - Guaranteed to equal the accuracy of the average market timer!-



That sure is extreme sentiment for this usually bearish slanted board. No bearish opinions, and 15 bullish ones. There's only 1 way for the market to go with tose readings!

Look out below! (next week)
 
Attention.

I told you all when I predicted the "S&P looked toppy" that I was the greatest of all time, and I'm telling you again after calling the top within 6 points that I am still the greatest of all time.

Never again question me. Never again defeat me. Never make me the underdog, until i'm about 50 years old.
 
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