The S&P put in another short term bottom on April 11

Did the S&P just put in another short term bottom on April 11 at 1283 ?

  • Right on, see you shorties at 1334.

    Votes: 32 53.3%
  • The last 4 calls were pure luck, we are going much lower than 1283.

    Votes: 28 46.7%

  • Total voters
    60
Quote from frank grimes:

I believe they are called hedge funds, and now that there about 5 billion of them, I own you anyway as i've been long GS and BSC since the 50's...I own you bitch


grimey,

you sound like you've been at this a while.

men cash out on the way up not affraid to see the money train keep going without them. If you've been holding GS since 50 you've lost much more potential money then you have gained.

good luck!


-kk
 
Even with no sound on my CNBC I can see the pinheads blabbering about Dow being 200+ points from all time highs. You'll see it on TV and in weekend papers.

The public will fall over themselves to buy on Monday. And perhaps, perhaps, we will get a short term top within a couple of weeks. But that top will be at least 5% from current levels!
 
Quote from stktrdr:

Bush and Rep. led Congress slumping in the approval polls again.

Bears will say this is bearish.

I say -BUY, BUY, BUY!

the tops are getting broader - a few months ago they were narrowing.......


we're going to breakout in the next 2 months. timestamp it.
 
Quote from krazykarl:

the tops are getting broader - a few months ago they were narrowing.......

we're going to breakout in the next 2 months. timestamp it.

Let's hope the shorts hang on the ride -we can't have a party without them.

hehehehe
 
Quote from stktrdr:

Let's hope the shorts hang on the ride -we can't have a party without them.

hehehehe

so true - that's my thesis on fmd. 48% short and double-digit growth.

the lesson learned from fmd is if you're going to short on a sex scandal, cover quick and move on. :cool:
 
You slay me dude, I have told you how many times that I don't trade the indexes, so I have donated a grand total of zero to you. While I lost some dough today covering my shorts, everyone of them was still a winner. And as I said before, I am not going to chase this move, I still own the financials and gold stocks, so i'm content to watch. Enjoy this as far as it goes.
 
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