The S&P has bottomed !!!

The s$p has short term bottomed or is within 5 points of doing so

  • Now way Volente is on crack we are heading for 1250 baby !

    Votes: 25 53.2%
  • I agree Volente is on to something,

    Votes: 22 46.8%

  • Total voters
    47
  • Poll closed .
Quote from trader28:

Yep... fade the Volente

yes sir, and double up when his autistic groupie "EqtTrdr" says 100% up room to go. Amateur hour at its' finest. Good day.
 
Quote from volente_00:

This will turn out to be the bottom for all of 2006 in the S&P.
See you guys at 1340.

:)

You've got to understand why the market rallied over the last few days. So all the shorts rolled over onto June last Friday, leaving the longs in March, with futures expiration on 3/17, creating a high shoulder, inside hangman.

Closing the gap on the Dow cash daily, and for the same reason, the market may retrace its up move, and be range bound.
 
Quote from volente_00:

I think the s&P will rally 40 points or higher from here by mid march. Bears have failed to bring it under 1250, and the shorts piling on right now are in for a surprise. Of course I am biased, tomorrow is T day, and I am long right now from 1264.75.




Buy1Sell2, Do you remember what you asked me 1 month ago ?
 
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