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Hi Cobra,Cobra wrote:well, as I said yesterday, the 4th leg down and unfortunately it's still strong, so need more evidences before calling a possible reversal. this market really is sick.
Are we talkin' "peace train"? Or "Midnight Train (SOUTH) to Georgia"?99er wrote:People get ready...
SPX http://99ercharts.blogspot.com/2011/08/spx_7390.html
There's a train a comin'.
http://www.youtube.com/watch?v=T43m6dcMk6U
(It's Friday.)
99er wrote:People get ready...
SPX http://99ercharts.blogspot.com/2011/08/spx_7390.html
There's a train a comin'.
http://www.youtube.com/watch?v=T43m6dcMk6U
(It's Friday.)
BullBear52x wrote:This is so 3 of 3 of 3 of 3......here is my fibo combo
probably not.dmid wrote:Cobra,
Low in for today??
LOL i know there will be NO black monday since many ppl are expecting it.trust_yr_instinct wrote:Thoughts :
how dangerous is it to hold over the weekend? the media will be crazy over the weekend with stories about possible crashes and black monday, retail could get real scared, and what big macro fund would dare buy today ? ahead of possible worse news from euro zone over the weekend and bears rumor mongering
( it takes REAL big money to move the market and they arent around other than to SELL as volume confirms this ) ahead of possible worse news from euro
...why not wait...its not like prices are anywhere near highs now...no one is around, as well, summer vacations, look at the chart of the summer of 2007..I have been following this as a template for 7 months now and it has been crazy accurate...( NDX puts last tuesday 2400s were 35 and now they are 210+ ..that's outrageous...this is NOT a normal correction...
Cobra is right, 99er is right, ( his charts for weeks ,all along were saying lwr bravo ! ) we are going to go lower eventually, can you imagine the trapped retail longs at higher prices?? redemption selling and forced selling has hardly started....sell/hedge all bounces until the macro news gets better
the only big question is, do you believe this is the END of the bull that started march 09 ??
Si…la machina dice: “Andiamo con il 3...mai basso, un poco piu tarde..“.99er wrote:BB52X: "This is so 3 of 3 of 3 of 3"
As cougar's expresso machine said...in Italian.