34 replies to this topic

[espresso]

940-950 next week is the top!

My time work says not until July 14 plus minus 3 days at earliest but you may be correct 951 is min. for me. and 1040-1070 max at this point. doubt it. back to work turn coming

z

I respect your forecast, that's why I'll tell you mine...
We're entering the window of reverse my currency forecast, it only has to be a bit positive (for stocks and euro) for few more trading days.
In fact, I expect a 5th wave out of this low. Then the usd will start a mystery rally that will bring down everything!!!

[tommyt]

Like i said yesterday we may test 900 today and to get out there. We almost got there, I am waiting patiently to add to my shorts at 900, Actually hope the get there but its not looking too good.

relax isaac, its expo tomorrow, a 2 day snapback is in the cards. revisit more short ideas tomorrow.

[MoneyFriend]

Yep, so far this is looking to be playing out much like 4/21. Which would slum here for a bit more and then rip up at 2pm into 3. I have a good peak at 3:30pm.

Shaping up to be a 4/21 pt deux.

[humble1]

z: delighted to see you also have something in mid july. seasonals plus cycles plus esoterica are lined up. no telling how high we will be then!

[zoropb]

940-950 next week is the top!

My time work says not until July 14 plus minus 3 days at earliest but you may be correct 951 is min. for me. and 1040-1070 max at this point. doubt it. back to work turn coming

z

I respect your forecast, that's why I'll tell you mine...
We're entering the window of reverse my currency forecast, it only has to be a bit positive (for stocks and euro) for few more trading days.
In fact, I expect a 5th wave out of this low. Then the usd will start a mystery rally that will bring down everything!!!

and I yours ESS

I agree on dollar but only to 84.50 area before one more trip south.
Then your scenario but who knows

20% short already for rest 898 area avg 896 if it gets there.
Z

[isaac613]

Looks like the party could be over. We shall see.

[MoneyFriend]

Looks like the party could be over. We shall see.

Sure feels weak... oh well.


Brutal whipsaws here, 889 needs to hold for me to consider today at all bullish.

Edited by MoneyFriend, 14 May 2009 - 02:39 PM.

[Tor]

Time and Price and Sentiment and Liquidity and Cycles are all lining up for another lift-off. a run right back up the pole and a close well above spx 900 is called for. not being able to get into strong support at spx 875-880, and making a double bottom on the daily just above spx 882, is tremendously bullish.

markets give clues:

882 - 667 = 215

909/.236 = 215

667 + 909 = spx 1576

imagine what a "sell" that will be! the shorts and bears will be broke and worn out. that trade ALONE could be a fortune maker.

gotta say humble1, ur on fire at the moment. Great calls. I am taking some off here.

[eminimee]

Time and Price and Sentiment and Liquidity and Cycles are all lining up for another lift-off. a run right back up the pole and a close well above spx 900 is called for. not being able to get into strong support at spx 875-880, and making a double bottom on the daily just above spx 882, is tremendously bullish.

markets give clues:

882 - 667 = 215

909/.236 = 215

667 + 909 = spx 1576

imagine what a "sell" that will be! the shorts and bears will be broke and worn out. that trade ALONE could be a fortune maker.

gotta say humble1, ur on fire at the moment. Great calls. I am taking some off here.

you'll be back to break even in no time Tor..

[MoneyFriend]