http://tfc-forum.tradingcharts.com/forum/index.cgi/page/1/md/read/id/552917/sbj/sp500.html
Re: sp500
By:seventenrocks
Date: Tuesday, 05 February 2013, at 10:52 pm EDT
In Response To: sp500 (seventenrocks)
new highs today im still short and shorting more tonight.. momentum indicators have topped.. dont want to see much higher, but would be still bearish
the battle is on.. mkt is vibrating real good here...
margin debt is at 5 yr highs here as well, which is the fuel of bullish speculation pushing the highs here..
imho the mkt is at the biggest turning point of the last 85 yrs...
From this posting, 7-10 was short from below 1500 and then added to the short some more because the market vibrator was making him feel 'real good'. Stock market then soared. I find no followup post regarding outcome of this unique sexy way to trade the markets. Until now, of course, 7-10 claims short from the highs of last week. Ummm, ok... Good, good, good vibrations!
