Am i the one that called the top?
I know that this correction might not be a freefall, and that we could bounce back . . . though if christmas doesn't go well we could be in for quite a drop.. . . still, i am rather happy with my attempt to reposition my portfolio.
Here is my first top call on 09 09 09 (sound familiar?) where i spoke of reversal trends, and psychology.
And my second call on 9 15 09 where i used the title TOP! got a few more recs..
And my third top call on 9 21 09, where i again called top, and gave more reasons, which got a few more recs, as other fools started to feel the same . .
Now i know that some folks called the top a month (or two) before, and that some called it on the 23rd (after the top), but i think my call on the 15th was one day before the high on the 16th. . . . Anybody closer, and before the 16th?
REC ME FOOLS ! ! ;-)
We are now below the first resistance level at 1041, and if we close below it we may be headed farther down. I am looking for about 1000 S/P with a bounce up before going towards 950 or less.
PS, so far i have been able to keep my accuracy above my high benchmark of 57%, WHILE GAINING 600 POINTS in the last week. To do so i had to close many positions i like, and many of them for between 0-5 points.
wish me luck
ps NEVER LISTEN TO ME. My score will show that i don't have the faintest idea what i'm talking about.