The S&P 500 has topped at 2430 on 6/1/17

The S&P 500 has topped at 2430 or is within 22 points of topping

  • Yes your are correct

    Votes: 14 41.2%

  • Hell no you just got lucky last time and are still smoking crack

    Votes: 20 58.8%
  • Total voters
    34
Buy1Sell2 said:
What makes you think that Volente has no capital at stake?
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No, I think he does and I think he lost money. I'm saying in general on this site there is a disproportionate emphasis on "calls" when the purpose of trading is not to be right but to make money. He never covered at 31 as you suggested...in fact he shorted more on the squeeze back up and kept averaging in all the way to the current all time highs. I and most people on here could care less about the semantics of the call but rather was he profitable, in which case he was not.
 
Maverick74 said:
He never covered at 31 as you suggested...in fact he shorted more on the squeeze back up and kept averaging in all the way to the current all time highs. I and most people on here could care less about the semantics of the call but rather was he profitable, in which case he was not.
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He covered on page 38 of his "topped" thread
 
Buy1Sell2 said:
He covered on page 38 of his "topped" thread
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No sir. That was another trade. His "original" trade he was short SPY calls. Re-read the thread. I gave him a lot of shit about that. He later would scale in and out of secondary trades before pile driving into a short that kept going against him until the very top.
 
Its getting so tempting to buy ES at 2435, i know it must be time for bed, its just walking up accumulating, walking up accumulating, someone has big ideas for tomorrow.
 
Wasting your breath debating these type of threads are kind of meaningless.

Everyone is right, and everyone is wrong ...right now -- you'll only truly know in hindsight.
And besides, predicting is only half the battle...the second half is managing the trade once you're in it o_O

All of this reminds me of stock trading episodes of 90's TV shows. How everyone is so always paranoid and a nervous wreck,
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Bottom line: Timing is Everything.
 
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Not content with making himself look a complete chump the OP is shorting again. Meanwhile buy the dip has been the only game in town. Retail traders shorts increased to 86% short Dow at IG. As I said you can't help someone who is dumb as a bag of spanners.
 
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