Seriously thoough Mark, really good stuff and thanks for sharing.
Was just 'pulling your leg' in my last post.
Merry Christmas BTW.
Thanks Tor and likewise .
While I'm here, not much to add at moment on the IT/Swing front from what's in the thread - we've done what I expected i.e. rangebound 830- (920-940)
This is why I added shorts for a position trade as explained back Dec 9 on moves toward 920, its very hard to pick a top here trading ST moves...very choppy hard
to read, I prefer to trade them separately as per some posts on FF.....on this position trade I said I was prepared to take some pain above 950 for the excellent risk/reward, and maybe I still have some pain to come above 950 but I really believe the Intermediate price top is in now, sentiment certainly is a major sell, and technicals are finally starting to weaken. I do expect will likely get one more swing bounce before any major decline,, but I don't expect 920spx to be exceeded before 780spx is seen.
Merry xmas, happy & prosperous New Years to everyone.
Edited by entropy, 23 December 2008 - 10:59 PM.