11 replies to this topic

[eminimee]

http://www.traders-t...?...ic=76814=



I now believe OEX will hit 730/31 and then correct down to the 670 area again.....for a wave 2 of a big ED...much lower if that support is broken. SPX should make a slight new high near 1560 before going to the 1465/75 area then another run to new highs. I think this mornings gap down will be bought as it should be the bottom of a 4th wave with overlap before heading up to said target. If we lose 715 for more than a quick dip ..... we probably won't be making that "one more" high. Taking out OEX 731 (which is also 75% of the way back to all time highs)...next stop is 747.



A few people have pointed out that today is 55 T days from the July top and 34 T days from the Aug bottom.

http://stockcharts.com/c-sc/sc?s=$OEX&p=30&yr=0&mn=2&dy=5&i=p24153670083&a=112399825&r=322.png

[endisnear]

Seems everyone is llooking for one more high. Wouldn't a nice unfilled gap down keep the bulls buying til Friday. Bullbait. Then they unleash hell with a crappy job number. Thats my bet...Nov puts on cubes bot yesterday.

[eminimee]

Possible....that's why 715 is key..... RE: jobs number....I'm not sure if a good number or bad number is going to be the trigger for down. It may not matter....a bad number is bad for what it is....... and a good number is bad as those interest rate reductions that are priced in right now may fade away. PS: I'd like to try buying ES 1545.75 with a tight stop.

[bighouse1006]

Look at what the SPX has done since the last bad jobs number.

[ogm]

Look at what the SPX has done since the last bad jobs number.

Shhhh... don't tell em. Keep the hope alive

[da_cheif]

[hiker]

thank you for update, T

what is said about jobs no. at Fari's site -

http://www.hamzeianalytics.net/

[da_cheif]

maybe Boris wants to hold my hand tomorrow at the clinic...they wanna talk to me about my biopsy........

Edited by da_cheif, 03 October 2007 - 08:52 AM.

[eminimee]

maybe Boris wants to hold my hand tomorrow at the clinic...they wanna talk to me about my biopsy........

A genuine good luck tomorrow Don....and I hope everything is fine. They probably just want to tell you that your skin is too thick.

[da_cheif]

maybe Boris wants to hold my hand tomorrow at the clinic...they wanna talk to me about my biopsy........

A genuine good luck tomorrow Don....and I hope everything is fine. They probably just want to tell you that your skin is too thick.

I hope thats all