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hey thanks! i was pretty hungover this morning so got to the board a little late...BullBear52x wrote:Here is message from Cougar:jarbo456 wrote:paging cougar...
CRR is mighty close to my measured move target of 85'ish. I took half my put profits today. Letting the other ride, we may see low 70's, but I won't hold my breath for it. It's looking like it needs a relief rally soon.
VolpinacciFeb 10, 2012 10:21 AM
For the snakes who might remember my previous CRR call:
due to the present condition of its industry, target was now lowered to ~82.
http://twitpic.com/8i3qtj
jarbo456 wrote:paging cougar...
CRR is mighty close to my measured move target of 85'ish. I took half my put profits today. Letting the other ride, we may see low 70's, but I won't hold my breath for it. It's looking like it needs a relief rally soon.
If I could offer you something to consider an alternate count and as to where our count differ (and include the statement that there is no EW "expert"), the a-b-c down you have as A is possibly out of proportion with that C wave, and perhaps the up move ended with a "failure" and not the orthodox high, which is often the case at turns.TWT wrote:SPX: kick off of the overdue correction
I expect at least (problably more) one more down leg from 1343 if price is tracing a small flat or from 1349 if price manages to accomplish the potential Double Bottom target.
Have a great w/e everyone
(thewavetrading.com)
SWalsh wrote:Short....we might have completed what I read as a correction after the close.
While this should work, I know the game is rigged and they could find Atlantis 5 miles off of Greece and it opens 300 higher:
BIG HAND! Big player.BullTart wrote:Sold 6300 TVIX shares earlier and cashed in.
Will be back to play when the signals tell me to.
Crocodile had its fill for now. See you next chomp chomp time.
yes...laughing is much better than crying:TraderGirl wrote:SWalsh wrote:Short....we might have completed what I read as a correction after the close.
While this should work, I know the game is rigged and they could find Atlantis 5 miles off of Greece and it opens 300 higher:
Monday is seasonally the weakest day of the week. I added back the SPXU at the close. Good luck shorts! We need it more than the longs, hands down.SWalsh wrote:Short....we might have completed what I read as a correction after the close.
While this should work, I know the game is rigged and they could find Atlantis 5 miles off of Greece and it opens 300 higher:
Only manipulation can stop a new low. And that hasn't happened since, well, yesterday!pidge66 wrote:Monday is seasonally the weakest day of the week. I added back the SPXU at the close. Good luck shorts! We need it more than the longs, hands down.SWalsh wrote:Short....we might have completed what I read as a correction after the close.
While this should work, I know the game is rigged and they could find Atlantis 5 miles off of Greece and it opens 300 higher:
Jarbo and ClarkW: thank you for your interest! Congratulations, Jarbo! Well played!ClarkW wrote:jarbo456 wrote:paging cougar...
CRR is mighty close to my measured move target of 85'ish. I took half my put profits today. Letting the other ride, we may see low 70's, but I won't hold my breath for it. It's looking like it needs a relief rally soon.
Jarbo, He tweeted a chart on CRR earlier today. @Volpinacci