The S&P is looking very toppy

waggie
what is the deal, you can come clean now.

Is he a better trader than you are?
or did he still your girlfriend?
 
above 1133 for the next leg up.

A close above 1122 tomorrow will give the BULL its 8th Consecutive Week Up in a Row!

If you were to get long after the 8th week, 17 out of 21 trades were STILL POSITIVE!

This is a sign of strength, not weakness.

The Bull is Running Loose!

:)
 
Quote from James Stock:

I say the S&P is topping right NOW.

mr. moderator: rather than moving this thread, how bout doing what Inandlong did. Please don't allow the arse clowns to wreck the thread, and keep the thread ON TOPIC. That's your job, correct?

I'll only respond to any related issues to a toppy S&P.
More...

Maybe ... But i dont think so. The news out in the economy is on the positive side and earnings will probably be quite good across most sectors.

Calling a top (or bottom) is extremely difficult and usually is the easiest way to exit the industry ..... Top or not makes little difference to me as I just watch the price action and make daily decisions.
 
Quote from James Stock:

Look at that! The S&P 1140 calls are expiring worthless.

This is good, no?
More...

Yes but...I mean dude, are you making broad calls or just scalping the SP via options..what top do you see? i don't see one in this "managed" mkt. I mean we sell of huge this AM; and magically at SP 1123 (LOD) Fed gov Hoenig says he see's 200K jobs a month..next thing you know we trade 1136 ...this is all orchestrated....1180 next. 1210 and 1260.

Glad you are prospering...but fighting an electoral agenda after a 3 year Bear is not right...see may 1970-72...call a top in 2005 for heavens sake...glad you are so nimble!

Good luck,

best
david
 
You must log in or register to reply here.
Back
Top