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Still think NDX is accomodating baby cramerites


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#1 dcengr

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Posted 18 January 2007 - 03:22 PM

But this does look bearish. Unfortunately, theres a ton of bears right now, especially with cramerites all shorting/selling today.

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Edited by dcengr, 18 January 2007 - 03:26 PM.

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#2 S.I.M.O.N.

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Posted 18 January 2007 - 03:54 PM

But this does look bearish. Unfortunately, theres a ton of bears right now, especially with cramerites all shorting/selling today.

Posted Image

believe it or not the decline in the ndx from the top @ 1847 could be a fractal representation of the coming decline on a weekly basis, drip,drip, flood.... :lol:
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#3 dcengr

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Posted 18 January 2007 - 04:06 PM

If that was the 5th for this leg which could be the 5th for the bull market, then we could have a helluva decline :lol: But we'll see how it goes day by day.
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#4 S.I.M.O.N.

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Posted 18 January 2007 - 04:13 PM

If that was the 5th for this leg which could be the 5th for the bull market, then we could have a helluva decline :lol:

But we'll see how it goes day by day.

todays decline in the ndx looks like a deep 4th wave retracement in a ending diagnal with a 5th to come tomorrow to burn the cramerites(did i spell that right :lol: ), flat 4th in spx/dow, therefore the divergence in the amt of decline, if 5th wave in ndx is equal to wave1 then ndx could rally all the way back to 1850, would'nt that be a surprise :devil:
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#5 dcengr

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Posted 18 January 2007 - 04:16 PM

If that was the 5th for this leg which could be the 5th for the bull market, then we could have a helluva decline :lol:

But we'll see how it goes day by day.

todays decline in the ndx looks like a deep 4th wave retracement in a ending diagnal with a 5th to come tomorrow to burn the cramerites(did i spell that right :lol: ), flat 4th in spx/dow, therefore the divergence in the amt of decline, if 5th wave in ndx is equal to wave1 then ndx could rally all the way back to 1850, would'nt that be a surprise :devil:


Possible that we get a shallow A down, and a B up with Vista before end of this month is over.. plus Fed rally.
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