The S&P has topped !

Has the S&P topped and headed for a sharp correction?

  • yes

    Votes: 58 30.5%
  • no

    Votes: 59 31.1%
  • I don't know / I don't care / I don't like you

    Votes: 73 38.4%

  • Total voters
    190
Quote from candles:

approaching bargain prices here after that drop.

3 point rally already since that post, lol.

Safe to go long here at 1282.5
should get higher prices overnight and tomorrow
 
Quote from EMRGLOBAL:

All I know is Im Taking some heat in Being short SPYs. Entery was 127.80 a few days ago.

I've added to this position with this move up today.

Not Trying to pick the top....just trying to sell into the rally and build a solid position for a Sell off towards end of Feb.

Of course if the Markets Exploded to the Upside, I will be forced out.

Volume is getting lower and lower, even with this break out today.

VIX is moving lower.....not that the VIX is much of an indicator to follow anymore but ...>VIX heading to 15 or 14 is something to watch for.

Your entry on that short keeps getting better and better. First your entry was 126.80, now it's 127.80. You can't even lie correctly. Face it...you are not short jackshit in any real account. Must be nice to adjust prices in your paper trading account you jackass.








EMRGLOBAL


Registered: Feb 2007
Posts: 1852


01-11-11 05:09 PM

Landis....

And your point is? I see zero insight from you other than your dick in your hand, spouting off "Pundit" Bull signs.

Why not think for your self....

Why do you think the ES will continue to rally this Quarter? What is your logic behing being bullish?

Like I said Son, If I'm wrong, than bust my balls as I'm taking heat from Shorting.

I'm Short the SPY at 1000 shares at 126.80 even. Looking to build into this position.
 
Quote from shortie:

Jan 6th high was 127.83. what kind of methods do you use to pick the exact top?


This douchebag lies about everything. If you believe ANYTHING he says I have a bridge to sell you. He rips on others here for not being able to trade, then he comes on here and starts posting fantasy trades. The guy is a clown.

It's hilarious how he has huge connections all over the world...raises millions .....busy talking to important people all day.........but has time to post on here all day with his horrible opinions.
 
"Has the S&P topped and headed for a sharp correction?"

probably not without an event. there is simply no reason to sell. the fed has given everyone a free put. the fed through its policies created asset bubbles in the past when it wasnt even trying to. why cant the fed drive asset prices back to at least old all time highs when it has stated that is what it wants to do?
 
It seems that a consistent pattern lately is the heavy movement of prices at and shortly after the market closes. I wonder if many institutional traders/investors are waiting for the bots to close for the day before entering their positions; although giving a few ticks on the entry price is o.k. for most institutional investors...

Walt
 
Quote from Free Thinker:

"Has the S&P topped and headed for a sharp correction?"

probably not without an event. there is simply no reason to sell.
Right not w/o an event, agreed. But that event is January earnings next week.
 
EPRADO- Man, you must have really washed out....bitter that you are.

I'm in front of a computure, using skype and I am able to speak with people world wide, post on ET while watch bloomberg TV and the markets. WOW...such a novel idea.

I'm not in the heat of battle on the Phone every second ass clown so I have some downtime.


And why do you care if I'm telling the truth or not fucknut? Are you following my lead? Or are you teaching a brand new crew how to Overnight...LOL

Not only am I successful, I'm also a super star Techno producer who is written up in magazines, music is sold world wide and I am played on Sirius Sat Radio ever fucking day on AREA and NOCTURNAL....... and when I choose, I tour the world. Humm, can you say even more $$$$$$ i make.

My life is grand.....I'm feeling that yours is in the shitter...but don't blame me.

Now get back to your "Trading" life.
 
event is January earnings next week.-
------------------------------------------------

I agree. Today's rally was on light volume again. Banks were leading, cough cough.

However, I do not think we will get much of a serious downward move, I think it will be a choppy downward motion with rallies like today in between. Shorting this market is not easy nor will it be a quick gift.

Take a look at how many "Stocks" are actually making new high's with the indices. Not seeing many. This could be a sign that the market is weak....underneath all the hype of Rallies.

On a technical end....its been a nice long run up......the "rubber band" is strentched.

This is just a few observations. But forward guidence and Profit Margins will tell some of the story soon.
 
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