The S&P has topped !!

Has the S&P topped right here?

  • Yes, I agree with the bird

    Votes: 68 34.9%

  • No, I don't agree. Market is going higher

    Votes: 71 36.4%

  • I don't know/I can't form opinions/the bird is a moron

    Votes: 56 28.7%
  • Total voters
    195
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Quote from gaylente_00:

hey rennick, give bird a message for me, ask him if he is game for trading against me here in 2007. Surely someone with 10 years of awesome returns and public recognition will not be scared to enter a simple contest against a retail ES trader.
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sorry, gay boy. I don't play fantasy trading games. If you're genuinely looking to lock horns with me, i'll be happy to bet you on past performance. say 3 year, 5 year, or even 10 year track record. your choice. and hold your excel spreadsheet, this contest will be using audited reports. you game?
 
Quote from rubberbird:

sorry, gay boy. I don't play fantasy trading games. If you're genuinely looking to lock horns with me, i'll be happy to bet you on past performance. say 3 year, 5 year, or even 10 year track record. your choice. and hold your excel spreadsheet, this contest will be using audited reports. you game?
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Now I remember why I placed you on ignore. What is the matter bird ? Can't scrape up 15k to enter a little contest ? The past is no evidence of future returns. I made 21 points yesterday trading ES but that does not mean I will ever make it again on any given day. Put your money where your mouth is if you want to brag. You have 9 months to think about getting your a$$ whipped. Are you scared to trade against the best of the best ?
 
Quote from volente_00:

Now I remember why I placed you on ignore. What is the matter bird ? Can't scrape up 15k to enter a little contest ? The past is no evidence of future returns. I made 21 points yesterday trading ES but that does not mean I will ever make it again on any given day. Put your money where your mouth is if you want to brag. You have 9 months to think about getting your a$$ whipped. Are you scared to trade against the best of the best ?
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Hey Birdy,
Even though you are not true to your promise about flying the coop, I think you could beat this guy, go ahead take him on. It will make some great action here on ET, a show-down between two lousy traders who only are heard from when they have a good day.

...Don King Rennick out
 
Exited Long today at 1307.50. I do not like that lack of follow-through in the markets from a great day yesterday especially with upbeat earnings news. In addition bonds are breaking down again.

13.25 point profit taken.

Good luck all
 
Volente, why only $15k? Why not $100k? You guys can open an IB account in 3 days and be funded in 5. $15k seems punk if you're so convinced of your ability.
 
It has been my experience that expiry week, especially March has been a bullish week, but does not necessarily carry through. Any one else notice this as well?
 
Quote from riskarb:

Volente, why only $15k? Why not $100k? You guys can open an IB account in 3 days and be funded in 5. $15k seems punk if you're so convinced of your ability.
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Simulator boy doesn't care as long as it's monopoly money
 
Someone mentioned earlier in this thread that March expiration tends to be bullish. Generally, yes.

But more pertinent this week is the fact that there are (were?) boatloads of 1300 spx options. The 1300 short calls have gone from looking healthy to looking awful. Those 1300 long puts have seen their intrinsic whittle away to close to zero.

So look for more pain above SPXcash 1300 before we fall back below next week.

That's how I see it. fwiw....
 
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