SP500 - High Probability predictions for 2016

Stewie, your concerning your self with the wrong stuff. What someone else says or does should be irrelevant to you. A guy in here could be trading from his yacht off Monte Carlo or he could be sitting drunk in a sec 8 apartment. The only thing that matters is your own trade.
I do agree with you 100% speedo. In a way, I'd like to give back to the community that got me started, so I'd like to show how its important to differentiate between that which looks good but can't be verified, and that which has the checks and balances in place.
 
Net positive still though. Zero hedging.

It is kind of irrelevant to the purpose of this thread. It is a prediction thread, not a trading one. Your prediction so far sucked giant whale ass, and my prediction has just been fulfilled. You could be the best trader all I know, but you shouldn't be cocky about predictions because that is MY world.

Good luck with your longs...
 
It is kind of irrelevant to the purpose of this thread. It is a prediction thread, not a trading one. Your prediction so far sucked giant whale ass, and my prediction has just been fulfilled. You could be the best trader all I know, but you shouldn't be cocky about predictions because that is MY world.

Good luck with your longs...
Can I be part of that world too. Needless to say, I can piss pretty far as well. :D
 
I apologize in advance for bitching, but I feel it's important, or rather imperative, that I get the story in perspective.

1) 2015 lows will hold in SP500 in 2016, no doom and gloom, and no, I'm not a permabull, ask me again in 2017.
2) Resistance and high probability of 2016 year highs *AREA* marked on chart attached.
More high probability predictions (> 90%) incoming within 90 days, need more data.
In any case, I assure you, new highs this year.

1) OP made this prediction on 01/04/2016.
2) His prediction was to have lasted for the entire 2016 since he never clearly stated when SP500 would break out above the resistance.
3) He needed 90 additional days to make more accurate (> 90%) prediction.
4) It took just 10 days for his call that "2015 lows will hold" to fail.:thumbsdown:

How can a guy who claims that his calls are 90% accurate fail so miserably?

My hunch is that once we penetrate below 1945, we swoon down to 1900. We'll then bounce and retest the 1945 area again before heading lower. Only time will tell, I guess. Anyway, good trading y'all.

On the contrary, above quote was this noob's call.
1) Didn't the ES initially drop below 1945 as stated?
2) Didn't it then stopped cold at 1900?
3) Didn't it rise back up to 1945?
4) Then what happened? It dropped back down to 1875.

But this is not about me. I don't pretend my calls are 90% accurate.

But what's friggin' disturbing is that when I disagreed with his heroic call, he challenged me to make a (monetary) bet. When I accepted, he gave excuse after excuse--but that's another story.

If you willing to bet against that, we can figure something out that's acceptable for both.

Okay, let's be creative for once and also do something good at the same time. Here's my plan. Do you see the high and the low marked on the chart below? 2134 was the 2015 high and 1831 was the 2015 low. Since you say ES will take out the 2015 high, I will donate $2,134 to a charity of your choice if that happens. On the other hand, if ES breaks below the 2015 low, you are to donate $1,831 to a charity of my choosing. Deal?

View attachment 160430

Don't like any of the proposed bets.

#1 I want personal gains, not games or cute bets.
#2 Considering the nature of my call, I want better odds ie not 1:1 or near 1:1
#3 I'm sticking to my prediction, regardless of this week's activity. In fact, I initiated my long today in the early morning as planned and posted.
 
I was wrong, made a bad call, and everyone else was right in calling the low breach, Romik, Pekelo, Schizo etc., we certainly took SPX 2015 lows this week, took a few manageable losses in some options positions, and it will happen again.

Good trading to all hope you guys made some good money shorting, best wishes for the rest of the year, hope even more money is made then.

Peace and no hard feelings.
 
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I was wrong, made a bad call, and everyone else was right in calling the low breach, Romik, Pekelo, Schizo etc., we certainly took SPX 2015 lows this week, took a few manageable losses in some options positions, and it will happen again.

Good trading to all hope you guys made some good money shorting, best wishes for the rest of the year, hope even more money is made then.

Peace and no hard feelings.
Appreciate reading this. The fact of the matter is that I think many of us actually like what you write often, I know I do, and I see lots of other guys say this. (most recent was your post where you said that you don't short lower lows, you short lower highs of course) Its just that when some things don't start to line up, you have to question everything.

Anyway, that's just my 2 cents.
 
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