The S&P is looking very toppy

Quote from Sardo_Numspa:

Everyone knows that a market has to top. That doesn't take genius. Knowing when takes genius. You were wrong saying the market was topping over a week ago. Read your Livermore.
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I was wrong to say this??

Quote from James Stock:

Look at James go!
Effectively managing risk, seeing a top between 1150-1170.
Seeing it, and sticking to it.

http://www.elitetrader.com/vb/showthread.php?postid=413214#post413214
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Geez, if this is wrong, then I'd better change my software and other equipment. It says the S&P made a high on 1/23 of 1150.5.

What does your software say?
 
Quote from James Stock:

I was wrong to say this??



Geez, if this is wrong, then I'd better change my software and other equipment. It says the S&P made a high on 1/23 of 1150.5.

What does your software say?
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HUHHHH ????

1/23 is today.
Todays ES high is 48 3/4 so far...

Are you guys going totally insane now ????
 
Nice to see that you are such a professional that you use accurate quotation equipment.

Today is 1/23

The high in the March S&P thus far: 1149.25

Duh.

:D
 
Quote from EqtTrdr:

market will not top until Nov 5th 2004, or until the ppt lets it

lesson over
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You are so right. I should just cover all my shorts. This market has been fustrating.
 
It looks like we are having some problems at this level 1150.00 for last 2.5 days, but I wouldn't short this market yet only 5 points away from 52 weeks high.
 
Quote from balda:

It looks like we are having some problems at this level 1150.00 for last 2.5 days, but I wouldn't short this market yet only 5 points away from 52 weeks high.
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well balda, you're right. 1150 is proving to be massive resistance.

Is there anyone who can be a man and tell me I correctly picked the top again?
 
Even if the market charged back up again next week you would say that you were correct in "calling the top". I'm sorry I ever got invloved in this thread.
 
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