Will the S&P hit 1300 in February?

[rubberbird]

Quote from NTB:

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.

yes, well said amigo. where were you last month when I had to give some members a primitive lesson in statistics 101 ?!

To see if people were awake here, I said the S&P wouldn't hit 1300 thru 7/01/06. And I said the odds were 40 to 1 against me being correct. and what did I get? alot of naysayers telling me the odds were much lower.

 

[NTB]

Still short. I don't like to brag.

Quote from hans37:

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



regards Hans

 

[NTB]

Quote from rubberbird:

yes, well said amigo. where were you last month when I had to give some members a primitive lesson in statistics 101 ?!


I was working/trading.

 

[hans37]

Quote from NTB:

Still short. I don't like to brag.

Good for you,

 

[doublea]

Sit tight. I think we're just getting started here. The market is going to go much lower. Today I got a major sell signal (from an ET member). She predicted 1265 to be the bottom. You know what that means!!!

 

[rubberbird]

Quote from rubberbird:

the bird loves long odds, and I think I got a good one today. I betting that both underdogs, the steelers AND the panthers win. I'm getting 5.5 to 1 odds (11 to 2), but they BOTH must win.

the bird is looking to get even and even win some after his bold but incorrect championship game bet. so today's super bowl bet is that the Steelers will win AND Big Ben wins MVP for a total of 4 to 1 odds. two units.

 

[rubberbird]

Quote from doublea:

Sit tight. I think we're just getting started here. The market is going to go much lower. Today I got a major sell signal (from an ET member). She predicted 1265 to be the bottom. You know what that means!!!

1265 looks like resistance to me.

 

[volente_00]

Quote from rubberbird:

1265 looks like resistance to me.

I know the bottom is in now.

 

[jackbyrd]

Quote from volente_00:

I know the bottom is in now.

And when the bottom finally arrives, you will have been on record for calling 6 of the last 2 bottoms. Good day sir.

 

[volente_00]

Me and bird can share the title.