We Have Topped

[bwolinsky]

Quote from bc1:

Just to be fair to BWOL, here are is C2 accounts below. Everyone should note that Covestor and C2 are all PAPER money. I'm not sure which one of the Mr. Bwol is talking about, the one that is negative 25.5% and has some life to it or this new 7 week old system that only has 2 lucky trades which are not enough to base any projections on. However according to all the systems shown as indicators, the new one will be negative once it has some trading life to it.

Be advised that Mr. Bwol is a salesman advocating and trying to attract people to buy into his systems for a large amount of money. It would be my advice not to do so.

http://collective2.com/cgi-perl/system/*****ports.mpl?report_type=byvendor&system_id=68858255

<b>COVESTOR IS REAL MONEY.</b>

1.5% Annually <b>is not a lot of money for active portfolio management and market timing.</b>

 

[SimpleTrades]

1.5% is huge if you are losing 15% when index is up for the year.

 

[Lucrum]

Is it just me or has the market been "reverting" a lot lately?

 

[GrandSupercycle]

SP500 overextended chart regains dominance over other markets again - after short squeeze yesterday.
Conflicted market continues.

 

[SimpleTrades]

Quote from Lucrum:

Is it just me or has the market been "reverting" a lot lately?

It's all tricycles fault.

 

[Lucrum]

Quote from GrandSupercycle:

...Conflicted market continues.

You mean there are both buyers and sellers...at the same time?

 

[Nine_Ender]

Quote from GrandSupercycle:

SP500 overextended chart regains dominance over other markets again - after short squeeze yesterday.
Conflicted market continues.

There was no "short squeeze" yesterday; its a figment of your vivid imagination. Markets responded to several huge earnings reports in the tech sector. The fact you don't understand this tells all of us a lot about your complete lack of understanding of markets.

In addition, those tech earnings pretty much drove a nail in the coffin of your "2012 Market Crash" prediction.

 

[Nine_Ender]

Quote from Lucrum:

You mean there are both buyers and sellers...at the same time?

The more this joker posts the more I suspect he's some 16 year old in high school.

 

[Tsing Tao]

 

[wiesman02]

Quote from GrandSupercycle:

SP500 overextended chart regains dominance over other markets again - after short squeeze yesterday.
Conflicted market continues.

market is definitely not conflicted. its quite clear we are in a bull trend up !

That being said, taking profits at these levels isn't a bad idea. I just moved my 401k to cash today. At the very least, I'd like to see a 2% move down from the 1320ish area.

I'd be surprised if I see anything other than a regular pullback of a few percent in teh next few months !