CRAWFORD PERSPECTIVES
THIS IS THE DAY!
ON SUNDAY OCT 22, 4 HEAVENLY BODIES JOIN IN 1 3/4 DEGREES, SIMILAR TO 1987 PRE-CRASH TOP!!
THE SPX AND THE DJIA MADE THEIR HIGHS TO DATE ON OCT 18
THE DJIA MADE A LONE WALK TO A NEW CLOSING HIGH OCT 19
THE NDX MADE BOTH HIGH AND CLOSING HIGH ON OCT 16
THIS LONE WALK BY THE MOST POPULAR PUBLIC INDEX CONSTITUTES A SELL!
THERE HAVE BEEN 3 "DISTRIBUTION DAYS" IN LAST 4 WEEKS AS OF WED HIGH
A BREAK ABOVE WEDNESDAY'S HIGH MAY BE POSSIBLE TODAY OR MONDAY MORNING
WHETHER IT DOES OR NOT, THIS IS THE IDEAL SHORTING POINT!!
TECHNICALLY, THE DJIA IS UP AGAINST THE VERY TOP OF A RISING WEDGE PATTERN (chart reserved)
OUR GOOD FRIEND, KRIS KAUFMAN AT PARALAX SENT THIS NOTE ON OCT. 17:
"We have been waiting for a top confirmation and it showed up last night on the SPY with a daily scale top extension...K"
OUR GOOD FRIEND, JOE GRANVILLE, FAXED THIS NOTE LAST NIGHT:
"Today is marked as a major top which will catch the public totally unprepared for what now will follow."
THE BRADLEY MODEL TERTIARY PEAK HAS ALREADY PASSED LAST THURSDAY-FRIDAY,
LEADING TO THE STEEPEST DOWNWARD PROJECTION OF THIS YEAR INTO LATE NOVEMBER!
WE REMAIN 200% SHORT S&P500 STOCK INDEX USING FULL MARGIN!
GO HOME SHORT TODAY WHATEVER INDEX YOU WISH TO FOLLOW!!
Remember that markets CAN DO ANYTHING, and keep protective Stops on ALL positions.
Arch Crawford
Crawford Perspectives
