Will the S&P hit 1300 in February?

Will the S&P top 1300 in February?

  • Yes it will go higher than 1300

    Votes: 48 36.4%

  • No, it won't top 1300, I agree with the bird

    Votes: 55 41.7%

  • I don't know/I can't form opinions/the bird is a moron

    Votes: 29 22.0%
  • Total voters
    132
This thread should be titled "Will the S&P top 1300 by the end of February", not "Can the S&P top 1300 by the end of February"
--Of course it CAN, but it WILL NOT
 
Quote from doublea:

Covered @ 1274.25. Still have a short position that was initiated @ 1288.75. Tomorrow we might trade in a range before the employment numbers come out. Will short any break-out or break-down after the report but if we see some weakness in the morning, I wouldn't hesitate to go short again.

1250 seems like a resonable support because it's a nice number and. I do not think that will hold for long though. 1200 is my target for Feb.
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Will short at the open and if there is no follow-through in the 1st half hour, I'll exit. The only thing that worries me most is that there are more people that agree with Bird than disagree or that think he is a moron. But at the same time I'm glad to see that he is getting the respect that was so well deserved for such a long time.
 
Quote from Buy1Sell2:

This thread should be titled "Will the S&P top 1300 by the end of February", not "Can the S&P top 1300 by the end of February"
--Of course it CAN, but it WILL NOT
More...

send a note to my buddy Richtrader, and ask him. you have my blessing.
 
Quote from volente_00:

As January goes, so goes the year.

I think we will see 1300 by February option expiration.
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Once again Mr Volente has put a ceiling atop the market. Good work sir.
do you do ellliot wave too ?!
 
Quote from rubberbird:

the market topped right as you proclaimed this. do you do elliot wave too?
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It appears that Volente's pathetic attempt at upstaging Rubberbird crashed and burned. Twice in the past several weeks, Mr. Volente has made spectacularly bad calls. Perhaps, Mr. Apex Capital is with us after all.
 
Quote from jackbyrd:

It appears that Volente's pathetic attempt at upstaging Rubberbird crashed and burned. Twice in the past several weeks, Mr. Volente has made spectacularly bad calls. Perhaps, Mr. Apex Capital is with us after all.
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it's quite sad. I told this pathetic soul that there would never be another poster on ET who had successive 35,000+ view "trading" threads.
so I suppose jealousy has gotten the best of him.
 
I am bearish. With that said, and at the time of the call, the S&P was only 1.5% away from the 1300 mark. The mathematical volatility of the S&P would indicate that there is a very high probability of seeing 1300 during the month of Feb. I've seen you make some very nice calls, however, math would suggest a very low probability of not hitting 1300 at some point during Feb. even after the big market drop today.
 
Quote from NTB:

I am bearish.
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HeyNTB, last I heard you were gong short at 1282 overnight(if I recall correctly) How did that turn out for you?



regards Hans
 
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