Short term rally starts today.

Short term rally starts today in the S&P

  • You are carzy but I think you are right.

    Votes: 34 35.1%
  • You are crazy and are fixing to have bloody hands

    Votes: 32 33.0%
  • I don't know and don't really care because I run a 80 billion dollar hedge fund and spend all my fre

    Votes: 31 32.0%

  • Total voters
    97
Quote from volente_00:

I am calling a top on 9/27/06 at 1340.
We will now fall down to 1310 from here.

1339.99 on the SPX as I post.
I would tend to agree, but would allow for some choppy, backing and filling at these levels heading into quarter end . . . Nice call.
 
Quote from Pabst: 07-21-06 02:04 PM

If you're long and under water you're living in denial.

It's not so much conditions being bearish. It's more a case of longs just not seeing any upside potential in this climate. The only buyers I see are those who are averaging bad positions from higher levels and some shorts who are taking a few in.

IMO SPX will be under 1200 by this time next week.

Still feeling like August of 2000 to you Pabst?

:D
 
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