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Was the intermediate-term top in?

Was the intermediate-term top in?

Poll ended at Mon Oct 15, 2012 12:32 pm

Yes, the top was in. It's payback time, yeah!
30
42%
No way! With QE3, this market would never ever drop!
16
22%
I, I, I, don't know, maybe wait for a few days?
26
36%
 
Total votes : 72

Was the intermediate-term top in?

Postby Cobra » Fri Oct 12, 2012 12:32 pm

Hi, guys, it's poll time. Haven't done this for quite a long time, not sure if the interests are back this time. Anyway, let's see.

With all the major indices having a pair of lower high and lower low, do you think the intermediate-term top was in?
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Postby MrMiyagi » Fri Oct 12, 2012 12:34 pm

NEVER!!
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Re: Was the intermediate-term top in?

Postby Me XMan » Fri Oct 12, 2012 12:42 pm

Yeah every time I shorted at intermediate top I lost money :x
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Re: Was the intermediate-term top in?

Postby Petsamo » Fri Oct 12, 2012 12:56 pm

I'm not sure we're gonna drop. If we do, it should be limited.
The outcome of the elections is important and will determine what direction we go.
Before the elections, I think coal (KOL), miners (XME), and emerging markets (EEM) are in buy the dip mode.
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Re: Was the intermediate-term top in?

Postby oldpigwang » Fri Oct 12, 2012 1:19 pm

Top was not in, is not going tobe in, new high ahead.
Since this time, Bernank is going to be elected for president.
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Re: Was the intermediate-term top in?

Postby oldpigwang » Fri Oct 12, 2012 1:50 pm

My mid term is one month.
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Re: Was the intermediate-term top in?

Postby BullBear52x » Fri Oct 12, 2012 4:36 pm

Want to say top is in so bad but Transportation say not so fast, today Financial gave in to da bears, need to see weakness in Transportation. ;)
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Re: Was the intermediate-term top in?

Postby Harapa » Sat Oct 13, 2012 12:55 pm

I would like to see price break the red trend line on major averages before call a top.
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Re: Was the intermediate-term top in?

Postby daytradingES » Mon Oct 15, 2012 9:54 pm

I voted bear. :D
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