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 jokepie:

You are spending so much energy on this.
Quote from Tsing Tao:

what energy? a few keystrokes?
What energy? You must have at least 50 posts on this thread. You have more posts on this thread than anyone else. If you call that a few keystrokes, you're as misguided as we all can see you are.
 
Quote from jokepie:

Adding to IWM and SPY SHORTS, here.
Have 30% position Already.
Target is 1230 area in ES.
Mental Stop above 1310-1315
jokepie-- you're timing looks to be alot better than mine. Maybe you should start these threads!

ps I think your mental stop is abit high. and thanks much for your contributions.
 
Quote from fly down:

jokepie-- you're timing looks to be alot better than mine. Maybe you should start these threads!

ps I think your mental stop is abit high. and thanks much for your contributions.

Thanks,

Its a mental stop because, I suspect there could be a Gap up after the speech and I want to take the advantage of that and not get knocked out. Lets see how we close today.

A looser is a looser for me, i move on after that to the next trade.
No worries.
 
Quote from jokepie:

Adding to IWM and SPY SHORTS, here.
Have 30% position Already.
Target is 1230 area in ES.
Mental Stop above 1310-1315
just a guess... mp chart has 1301 to 1314 as a target yet to be filled ,then a possible pullback to 1275 /1227/1182/1154/1100...may fill the 1305 area tonite during obombs speech or on the whip after fomc meeting....since this is just a guessing thread
 

Attachments

Since this is a guessing thread...

I will see how long price will stay in the rance 1301- 1315, and what happens tomorrow at OPEN.
 
Last minute end of the day rally going on. Red all day then the last 20 mins the rally comes through....


DOW still up 9 weeks in a row!!!!!!!!!!
 
Quote from jokepie:

A looser is a looser for me, i move on after that to the next trade.
No worries.
Yeah sorry I jinxed you today. That's really the way my luck has been runnin lately..
Quote from jokepie:

I will see how long price will stay in the rance 1301- 1315, and what happens tomorrow at OPEN.
Sell into a higher open w S&P over 1300?
 
Quote from fly down:

Yeah sorry I jinxed you today. That's really the way my luck has been runnin lately..

Actually you did not, My hypothesis for this trade is not wronged yet. Also, I always size in AFTER i KNOW i am right. I honestly don't know yet.
I took a position and thats the KEY. I actually will go from 30% to 100 % when we close below 1275 area. And there after stay in the trade Until my exit criterias are met. This could be a 2 to 3 week trade in my opinion.

P:S, Love the loosers coz they give you CHEAP INFORMATION regarding the market. I will REVERSE 100% if iget knocked out, coz the we are headed to 13K on DOW.
 
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