The S&P will end 2005 @

The S&P will close the year at what price?

  • under 1200

    Votes: 20 10.5%
  • alittle lower 1201-1249

    Votes: 21 11.0%
  • around here 1250-1279

    Votes: 52 27.2%
  • higher 1280-1320

    Votes: 60 31.4%
  • over 1320 baby!

    Votes: 38 19.9%

  • Total voters
    191
Quote from rubberbird:

forget about 4 1/2 yr. highs end of day tuesday.

technical sell-off coming in last 1 1/2 hours tuesday.


market not allowed to go down as circuit breakers will kick in preventing such declines
 
Quote from RNRBAND:

how so?

this is how so.

while vermin on ET bash me, all they accomplish is discouraging me from sharing ideas. I don't remember the last time I made a bold prediction like this on ET into multi year highs. What a call!

When I made this prediction, the S&P was @ 1272.
 
Quote from rubberbird:

forget about 4 1/2 yr. highs end of day tuesday.

technical sell-off coming in last 1 1/2 hours tuesday.


ONE OF THE BEST CALLS I HAVE EVER SEEN!!

Rubberbird is the real deal...... anyone that says rubberbird doesnt know what hes talking about is full of crap!
 
Nice call Rubber, you think the highs are behind us? Volume seemed weak. I would've like to seen 1280 firmly rejected and then look for a lower close. I was thinking maybe Wednesday, followed by more intense selling on thurs. and fri. to close out the week.
 
Quote from rubberbird:

forget about 4 1/2 yr. highs end of day tuesday.

technical sell-off coming in last 1 1/2 hours tuesday.
Awesome call rubbey!!!

Nailed it.
 
Quote from yeayo:

Nice call Rubber, you think the highs are behind us? Volume seemed weak. I would've like to seen 1280 firmly rejected and then look for a lower close. I was thinking maybe Wednesday, followed by more intense selling on thurs. and fri. to close out the week.

Thanks to Lilduckling, Choad, and my personal favorite handle "yeayo". I went out for a bite after the close, and I was asking myself if a single person on ET would acknowledge this call...or not. I'm glad a few did:)

yeayo, yes I do think the highs were put in today, and this thinking is good thru expiration friday 12/16. Then I don't think much of anything will happen.

Many thanks to ET as above poll was critical in crafting my certainty that highs wouldn't hold to close. I sold lots of Dec 1275 calls over $7; i'm lovin it!
 
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