The S&P has topped !

[i_c_fed_people]

Quote from jokepie:

You r rite...I should go long today n in 40 yrs i will be up on he trade fr sure..

Why wait 40 years?
You can make 5 or so ES point everyday pretty much risk free if you buy dips and breakouts.
Once in a blue moon you'll take some heat, but you would have made so much before that, that it wont hurt too much, not to mention that it will only be a matter of time before the fed step in and ramp it back up.

 

[S2007S]

Quote from Bowgett:

Do not worry. The FED just printed another $7.272 billion for nice afternoon push up.

11:06 a.m. Today:
Fed buys $7.272 billion in Treasurys

Thanks for the info, I knew something was up!!


The dow just turned green and is ready for liftoff.

 

[pauk]

Certainly does seem as though the ES generally goes up.
Im still making a trading plan, but have been following quite a few twitter posters who only trade long on the ES and have been doing so well for absolutely ages now.
Gonna demo trade this theory soon and then put it into practice.
I read lots of evidence that suggests that the market is clearly manipulated to the upside. It seems the most logical approach

 

[Bowgett]

Liftoff!!!

 

[i_c_fed_people]

Boom! This is what the ES does!!

 

[Tsing Tao]

Quote from i_c_fed_people:

Boom! This is what the ES does!!

remember.

"today is pivotal"

 

[fly down]

S&P 1308

time: 2:40pm sell

 

[Bowgett]

Quote from fly down:

S&P 1308

time: 2:40pm sell

Is this the new top?

 

[Tsing Tao]

Quote from Bowgett:

Is this the new top?

omg haha

the half-life of tops continues to get smaller and smaller.

 

[nonlinear5]

Quote from fly down:

S&P 1308

time: 2:40pm sell

Is that an intra-day trade or are you leaving it open over the weekend?