Has a melt up been set for Tuesday?

I'm sceptical 'cause of a couple of reasons, and because time is running short, but what if we get a big move up and put call goes down to .4? I've got a couple of dodgy charts here, one showing an H and S and flat, the other a 1,2,i,ii or 1,abc,2 on a 15 minute chart. Tenuous count, but this could take the bears out before a move down while making bulls euphoric at a top.

OW: interesting that you should post those. but i would put that upper ZDL ™ at spx 1044@10/14/08. the REAL boundaries of this long chop-em'-up are: spx1044@10/14/08 AND spx741@11/21/08 i see you have noticed how the market has convinced almost everyone, excepting the brave Taurus Legionnaires here, to look only at the lower ZDL ™! don't try to argue with the bears about this, though, they are too busy growling and trying to outshort and out grizzly each other, LOL. short answer: yes! next week we gap'em up and march higher!

Edited by humble1, 14 February 2009 - 04:56 AM.

OW:

interesting that you should post those. but i would put that upper ZDL ™ at spx 1044@10/14/08. the REAL boundaries of this long chop-em'-up are:

spx1044@10/14/08 AND spx741@11/21/08

i see you have noticed how the market has convinced almost everyone, excepting the brave Taurus Legionnaires here, to look only at the lower ZDL ™! don't try to argue with the bears about this, though, they are too busy growling and trying to outshort and out grizzly each other, LOL.

short answer: yes! next week we gap'em up and march higher!

humble what are you doing up so late...we got three days till the showtime....are you nervous!!!!!lol........i have an excuse....i am always up this late.........

it should be really really interesting on tuesday!!!i would wish you luck....but unfortunately its a two sided coin and the middle has rough edges!!!

late? LOL. i usually wake up about 3:00 EST; i am a split slipper anyway. not at all worried: disaster is about to overtake the bears, i am sorry to say. sleep well in your bear camp over the weekend, fill full and often the drinking cups of your sentinels, pay no attention to the rustling you here in the hills around you as the Taurus Legion positions itself: NEXT WEEK YOU BEARS WILL BE SLAUGHTERED!!!!! YEEEEE ... HAAAAA ....

Ok, also here's a possible ending diagonal on the DJIA (The true index IMHO)

OW: looking that over, i think you are on to something. that might even constiuute a 5th wave failure to make new lows and a completion of the whole decline. this indicates the power in Price and Time of the MELT-UP. well done!

late? LOL. i usually wake up about 3:00 EST; i am a split slipper anyway.

not at all worried: disaster is about to overtake the bears, i am sorry to say. sleep well in your bear camp over the weekend, fill full and often the drinking cups of your sentinels, pay no attention to the rustling you here in the hills around you as the Taurus Legion positions itself:

NEXT WEEK YOU BEARS WILL BE SLAUGHTERED!!!!!

YEEEEE ... HAAAAA ....

Always the consumate bear. My take is that Tuesday wll be a down day. The 775/80 SPX area has to be tested next.

late? LOL. i usually wake up about 3:00 EST; i am a split slipper anyway.

not at all worried: disaster is about to overtake the bears, i am sorry to say. sleep well in your bear camp over the weekend, fill full and often the drinking cups of your sentinels, pay no attention to the rustling you here in the hills around you as the Taurus Legion positions itself:

NEXT WEEK YOU BEARS WILL BE SLAUGHTERED!!!!!

YEEEEE ... HAAAAA ....

Always the consumate bear. My take is that Tuesday wll be a down day. The 775/80 SPX area has to be tested next.

I meant to say consumate bear in that everytime humble says we go up, we go down. Great contrary indicator, at least so far.

okay: thanks! i have a wall out back where i am going to nail the bear hides up for all to see. the blustar bear hide will be #1, LOL. remember that: your hide will be #1 on the H1 Wall of Bear Hides!!!!! don't worry, i have a hideman who will oil it and brush it so i can admire it with the others. i'm afraid larry will be there, too. yeeee ... haaaaa ... ™

Edited by humble1, 14 February 2009 - 01:24 PM.

okay: thanks!

i have a wall out back where i am going to nail the bear hides up for all to see. the blustar bear hide will be #1, LOL.

remember that: your hide will be #1 on the H1 Wall of Bear Hides!!!!!

don't worry, i have a hideman who will oil it and brush it so i can admire it with the others. i'm afraid larry will be there, too.

yeeee ... haaaaa ...


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Are you for real?