Will the S&P hit 1300 in February?

[duard]

The bird rules.......

 

[no-problem]

you got a new life Bird. Congratulation

Ready to unpack your backpack. Lovely.

 

[rubberbird]

Quote from rubberbird:

thr "w" pattern on the S&P 500 index. my optimal scenario places the index in 5 year high territory possibly between 1295-1300, before sharply selling off, and defining a broader topping pattern.

thanks amigos. does it get any better than this ?!

S&P made an intermediate term top @ 1297.6 yesterday

 

[patoo]

Bird,

Congratulations. Even ES never made it

 

[ACM Trader]

Quote from rubberbird:

goog has come back...S&P @ 1281 right now.
February has long week-ends, and slower trading..is this a better month for the S&P to hit the magic 1300 level?

I say no, the S&P will not see 1300 in February.

Actually, it confirms that the market is pretty much stuck in a narrow range. The S&P is back to the beginning of the month (1280), with 1297 high and 1253 low. Those times are not easy for trend followers. Right now, the money is made on reversions to the mean types of systems.

 

[no-problem]

Quote from rubberbird:

thanks amigos. does it get any better than this ?!

S&P made an intermediate term top @ 1297.6 yesterday

and the more interesting thing is that es was shy of only 1 tick. It hitted 1299.75 yesterday.

 

[William Rennick]

Quote from rubberbird:

thanks amigos. does it get any better than this ?!

S&P made an intermediate term top @ 1297.6 yesterday

Hey Bird don't jinx yourself into a Market reversal, your neck is still on the chopping block, the pressure of the ax has eased a bit. Wait until the close before you do the chicken dance. BTW if you made a prank phone call into CNBC saying you were the Google CFO that would constitute cheating. Then you'd really have to fly the coop.

...Rennick out

 

[no-problem]

Quote from William Rennick:

Hey Bird don't jinx yourself into a Market reversal, your neck is still on the chopping block, the pressure of the ax has eased a bit. Wait until the close before you do the chicken dance. BTW if you made a prank phone call into CNBC saying you were the Google CFO that would constitute cheating. Then you'd really have to fly the coop.

...Rennick out

LOL

Remember the kids who issued earning warning for the EMLX ( if I remembered the right symbol). Cover the short and made $269,000 on long. He is still in the jail.

 

[Li Ka Shing]

Congratulations rubberbird for the entertaining and stimulating excersice, it almost did reach 1300.

By the way, will you open a new thread on March?

 

[lilduckling]

Here Ye, here ye, here ye.......... i now proclaim rubberbird the Mayor of ET. Truly no one can deny the uncanny ability he has to make mkt calls.... dont know how he does it... but he does it.

All other birds that are part of the Avery Alliance, stop by to praise our leader. All others that are the nay sayers... BOW YOUR HEADS in shame.

Great job Rubberbird!!