Edited by humble1, 26 February 2009 - 03:38 AM.
the seasoning for a sharp rally right into march OPEX
Started by
humble1
, Feb 26 2009 03:36 AM
14 replies to this topic
#1
Posted 26 February 2009 - 03:36 AM
let's start with what we know until something better comes along:
11/21, 1/20, and 2/23 were clearly important lows. there is one date which ties these together and it makes sense that the wrap-up date will be a HIGH, as in the classic low-low-high patterns. here goes:
root/Phi: 11/21->2/23 = 94 cds. 94 cds X 1.272 = 120.*
gann: 11/21->1/20 = 60 days. 60 x 2, as in L-L-H, = 120.
sometimes i think of gann as "the circle man". interesting about this scenario has Pi and Phi meeting on the same date.
astro: 3/21 is the spring equinox (+1), the seasons have come a full circle, and the two major planets (jupiter and saturn) aspect then. these are the same planets which aspected on 11/21 at different degrees of the circle.
my FF: we will have a MELT-UP right through march OPEX. there will be so many gaps along the way (it started with 2/24) that i won't have to call for them!
* note that in this case the "120" is a composite of fibo related doubles: 2 X lucas 47 = 94; 2 X fibo 13 = 26
#2
Posted 26 February 2009 - 05:51 AM
sometimes I wonder.
When I posted this timing model the other day it had a minor marker at Mar 17 (light green arrow) and a more important marker at Mar 19(dark green), which I did not really refer to.
It now occurs to me that Mar 19 is options expiration. Would it be "turn-around Tuesday" on Mar 17?
Good luck with your 3x trade position, I really do hope it works out for you. That BKX chart is all set up just below the limit trend line, and the futures are pointing in your direction. Just remember that they invented the parachute for people who like to fly high, to help cope with the unforseen problems which can give rise to "bad hair" days. I hope you dont need it. I still enjoy the odd bit of bear baiting.
formerly MTGP; Thorium nuclear and molten salt reactor hobbyist
http://www.motherboa...e-thorium-dream
http://energyfromthorium.com/ http://maps.thefullw...en_salt_reactor
http://www.motherboa...e-thorium-dream
http://energyfromthorium.com/ http://maps.thefullw...en_salt_reactor
#3
Posted 26 February 2009 - 05:55 AM
sorry the old chart image got stuck on the end of that. Not sure what I did there, or how how fix it.
formerly MTGP; Thorium nuclear and molten salt reactor hobbyist
http://www.motherboa...e-thorium-dream
http://energyfromthorium.com/ http://maps.thefullw...en_salt_reactor
http://www.motherboa...e-thorium-dream
http://energyfromthorium.com/ http://maps.thefullw...en_salt_reactor
#4
Posted 26 February 2009 - 05:59 AM
i like your charts; it's easy to see the symmetry which catches the 1/6-1/7 high. that adds balance and support to the UPSMASH into OPEX close.
btw: i have 3/20 as OPEX. as to the 3X, i am very comfortable putting in a resonable stop on that position now.
and, the 4/24-4/27 is delicious! that mars/pluto square and a moon is over that weekend. more on that later, maybe. might have two cycles topping right then.
#5
Posted 26 February 2009 - 06:08 AM
sorry, I always thought op ex was 3pm on the 3rd thursday of the month. Maybe I will get it right next time.
S'pose I should say congrats on the 3x then.
formerly MTGP; Thorium nuclear and molten salt reactor hobbyist
http://www.motherboa...e-thorium-dream
http://energyfromthorium.com/ http://maps.thefullw...en_salt_reactor
http://www.motherboa...e-thorium-dream
http://energyfromthorium.com/ http://maps.thefullw...en_salt_reactor
#6
Posted 26 February 2009 - 06:18 AM
more on the possible symmetry and something else i am watching (i already have this in my "scenario's book" but seeing your chart i just have to do it:
the 11/4 high was really important. there was a 17cd/13td smash into 11/21. let's just assume for a moment that we are working that upside down "V", 11/21-2/23. the next turn would be a high on 3/12, the full moon:
2/23 + 17cds/13tds = 3/12.
here's how i compute 3/12 as a direct hit using root5 and the 10/11 (i/d high) and 3/19 (i/d low) anchors:
10/11/07-3/19/08 = 160 cds (remember the leap)
160 X root5 = 358
3/19 + 358 cds = 3/12/09
i didn't post all of this because i don't want to get the heads spinning too much and keep my friend NAV up too late and send my friend IC on a three day thingy and confuse my friend roger about who's doing the "gaming".
i love you, all three!!!
;)
#7
Posted 26 February 2009 - 06:26 AM
what does that mean for me and my trading plan?:
even though i could see us also rallying right through OPEX, if we have an inverse pattern into the 3/12 full moon, which matches 11/4-/11/21, i will sell my 3X on the open and maybe more.
fwiw.
Edited by humble1, 26 February 2009 - 06:27 AM.
#8
Posted 26 February 2009 - 07:47 AM
Humble, everyone knows we are in 3 of 5 down.
Unless, of course, we are starting 3 of 3 UP today (wave 1's are often a mess)
#10
Posted 26 February 2009 - 08:13 AM
LOL@OW&FM!










