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


  • Total voters
    34
What do you mean by this number? Im not questioning you just trying to understand it, but are you saying 86% of retail traders are short right now?

Data taken from IG which is largest CFD provider (for pikers) in the world. During this last run up they increased shorts from 74% to 86%. I explained this to the OP before but he says I am talking nonsense.
 
He covered on page 38 of his "topped" thread

This is true. Then he had a couple of short lived subsequent trades, both short and long, winners and losers. Then he had the big short trade late April from 2386, he kept adding to it and ended up with a 45 points loss. (since there were no new stop posted after the 2431 one)
 
2477 is apparently a done deal according to the people I follow on twitter, so i'm buying here, personally. Good luck to everyone, though!!
 
You have to admit, though, next to the Politics forum, these types of top calling threads get the most activity.


This is going to be sick if Volente nails it again, everyone and their dog (me included) was bullish this morning now its looking like a sell off day hahahaha, so funny.
 
This is true. Then he had a couple of short lived subsequent trades, both short and long, winners and losers. Then he had the big short trade late April from 2386, he kept adding to it and ended up with a 45 points loss. (since there were no new stop posted after the 2431 one)
Yes, now if talking about the subsequent trading, I agree. Readjusting stops and adding is not good for bottom line and really doesn't provide any value to the reader. The initial call though was really really good, so I didn't understand why in this thread he opens with "after lasting 92 days before finally being wrong" (I may be paraphrasing here), when the entire premise of the thread was dead bang right. He even asked for the thread to be closed. ---The other trading you are speaking of was horrendous---I agree with that.
 
Just bought some ES 2429.25 against my better judgement just cant see how we go down today, its just retarded strength hoping for squeeze into weekend.
 
You got a better price than me :) - We'll both win, i'm sure. No way they're just gonna keep selling it without like, a terror attack happening or something!
 
Back
Top