S&P will rally 20 points in the next 2 days

[ProfLogic]

Opinion (E-Mini S&P Futures)- We will oscillate back to challenge the top at 1331.25 as soon as this bottom sets in but I'm not convinced . . . yet . . . this pull back is done.

The hefty elimination of 1286.50 doesn't bode well for a breakthrough of 1331.25 on that challenge though . . . but predictions are for sports betting.

 

[newbunch]

Quote from riskarb:

I'll bet you $5,000 we don't hit +20.00 on ES from it current print of 1273.75 in the next two trading sessions.... 1293.75. Offer expires at Midnight EDT tonight.

You truly are a riskarb. What will you do after the bet? Hedge your bet by buying some calls? You can't lose!

 

[CowboyBlue]

Quote from volente_00:

It is a lock now. Last time this clown showed up at 1255 and was wrong then too.


http://www.elitetrader.com/vb/showthread.php?s=&postid=977195#post977195

dont worry about jackbyrd and thorn, a.k.a. rubberbird, anoyone who has enough time to completely alter their writingg style, yet is dumb enough to get butsted, and, needs ET that much is truly pathetic.

I think you are right on this one volente, definitely gonnna be a bounce in the S&P tomorrow.

b.t.w. i frequent these threads all the time, but i make my living day trading ford, never made a call yet so here is one, date = may 17, 2006. anyone who wants an absolute lock tomorrow, buy the dip on the open, i called it right here if you can get shares as low as 6.85, take em, 6.90 works too though, it is an absolute lock for 5% target, 7.20, let it hit the trend line if ya got the balls, may get as much as 7.60, stop out = 6.75, anyone who wants a free trade take this, or you can sell the shares ya got at 6.9 at 7.00 for an easy 1.66% in a couple days, id be taking this long in to next months auto sales number thourgh, dont know why but i am almost 100% positive next month Fords auto sales are up.


Risk reward = max 2% risk for 5%-12 % upside, 2-6 to 1

 

[riskarb]

Quote from riskarb:

I'll bet you $5,000 we don't hit +20.00 on ES from it current print of 1273.75 in the next two trading sessions.... 1293.75. Offer expires at Midnight EDT tonight.

Oops, it was >Midnight EDT when posting the bet. I'll give him another 2 hours... until 3am EDT today.

 

[CowboyBlue]

Quote from riskarb:

Oops, it was >Midnight EDT when posting the bet. I'll give him another 2 hours... until 3am EDT today.

Risk arb ill take the bet if ya gimme monday as well+ 20.00 EOD monday, we just need the PPT to come in over the weekend and gap this thing up



Next 2 days will be flat.

 

[bvam1]

Didn't want to say much here, but this thread amuses me. Although, I do believe that ford will probably go up as the market rallies a little over the next couple days (i think), but there is no such a thing as a free trade (with the exceptions of arbitrage, market making, and insider trading).

One could never be 100% certain as to what will happen in the market. If you're going to place a bet, at least don't bet on direction alone, but rather bet on the range the market will likely to be in within the next couple days - may it be up or down. For instance, if in the next two days the SPX moves up or down by 20 points I will either break even or make some money depending on the speed of the movement. If it goes down more than 20 pts, I will either break even, incur a small loss, or make some money. If it goes up by more than 30 pts (my breakeven point) i start to lose money, but then I will probably close out my position at this point. My downside is well protected because it seems like the market is in a downtrend, and there a potential for me to make some money on a minor rally within the next two days. If the market is flat, even better!

 

[riskarb]

Quote from dwl603:

Risk arb ill take the bet if ya gimme monday as well+ 20.00 EOD monday, we just need the PPT to come in over the weekend and gap this thing up



Next 2 days will be flat.

Over/under of 1295.125 on June ES futures by close of day-session on Monday, May 22 2006 at 4:15pm EDT.

I have the under
You have the over

$5,000.00 US dollars

Offer expires at 2:15am EDT this morning -- one hour from the time stamp on this post.

 

[bvam1]

Who's going to guarantee payment? Why don't you both send me 5k, and I'll hold it for you. I give it to whoever wins

 

[OneHipCat]

Quote from bvam1:

Who's going to guarantee payment? Why don't you both send me 5k, and I'll hold it for you. I give it to whoever wins

With a small commission, course!

 

[CowboyBlue]

Quote from riskarb:

Over/under of 1295.125 on June ES futures by close of day-session on Monday, May 22 2006 at 4:15pm EDT.

I have the under
You have the over

$5,000.00 US dollars

Offer expires at 2:15am EDT this morning -- one hour from the time stamp on this post.

Still no deal, im a chicken shit sorry man, but thx for the opportunity, you dont think a pull back is coming next cpouple days??? what are your thought for the weekend???? i think gap up for sure then continued selling, oh wait this contradicts my previous post i should have said open on monday +20, sorry my bad.