Key points today were; 1486.43, 1449.30, 1430.64, 1393.51, and it looks like the break is underway. The HZ on the weekly chart are critical. The 8ema is currently below the 34ema and the 5/21 is very soft.
[attachment=6260:attachment]
SPX - 1373 ??
Started by
mss
, Dec 17 2007 03:11 PM
6 replies to this topic
#1
mss
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I'M WATCHING
Posted 17 December 2007 - 03:11 PM
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#2
Jnavin
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Posted 17 December 2007 - 03:36 PM
I'm watching out for a vicious, headache-inducing bear market rally which suddenly peters out just as everyone is convinced otherwise.
#3
mss
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Posted 17 December 2007 - 03:44 PM
I'm watching out for a vicious, headache-inducing bear market rally which suddenly peters out just as everyone is convinced otherwise.
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#4
SilentOne
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Posted 17 December 2007 - 04:31 PM
hi scott,
If its a bull (??), the SPX should not spend too much time down below the 233 dma. I stuck my toe into QLD and UYG again today. Tough day.
http://bigcharts.mar...&mocktick=1.gif
Big support lines coming in here as you say.
cheers,
john
If its a bull (??), the SPX should not spend too much time down below the 233 dma. I stuck my toe into QLD and UYG again today. Tough day.
http://bigcharts.mar...&mocktick=1.gif
Big support lines coming in here as you say.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#5
mss
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Posted 17 December 2007 - 04:58 PM
This is what I think--- thinking does not always pay tho.
[attachment=6262:attachment]
[attachment=6262:attachment]
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#6
SilentOne
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Posted 17 December 2007 - 05:23 PM
Hmmm,
$SPX 1440 looks like the creek for me on that one. Nothing to save this other than an oversold bounce right now.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#7
spielchekr
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Posted 17 December 2007 - 07:02 PM
SPX 1420 is as low as the PPT would tolerate this week, if last time was any indication. Maybe 1368 next week, but that's a pretty deep flesh wound. I think they'd rather see the test this week instead of next week, because 1368 is just TOO scary. Just a thought. This is the 10wma.
Edited by spielchekr, 17 December 2007 - 07:08 PM.
