Q:why can't we get back below spx741 and stay there?

there is nothing more exciting and mysterious than an irregular finish to a long move. today's spx735 from spx944 looks VERY much like that final ABC wave irregular LOW, with A=C: spx944 -> spx804 = 140 pts. spx875 - 140 pts. = spx735 i mentioned this before the open as an A=C ideal target and we HIT it! as a result, i am delighted to report that i am able to raise my estimate for the powerful rally which has just started (though spx741 is still my orthodox low). there are ... SIXTEEN WEEKS OF RALLY AHEAD!!!!!!!!!!!!! !!! comments?

there is nothing more exciting and mysterious than an irregular finish to a long move. today's spx735 from spx944 looks VERY much like that final ABC wave irregular LOW, with A=C:

spx944 -> spx804 = 140 pts.

spx875 - 140 pts. = spx735

i mentioned this before the open as an A=C ideal target and we HIT it! as a result, i am delighted to report that i am able to raise my estimate for the powerful rally which has just started (though spx741 is still my orthodox low). there are ...

SIXTEEN WEEKS OF RALLY AHEAD!!!!!!!!!!!!!




!!!

comments?

there is nothing more exciting and mysterious than an irregular finish to a long move. today's spx735 from spx944 looks VERY much like that final ABC wave irregular LOW, with A=C:

spx944 -> spx804 = 140 pts.

spx875 - 140 pts. = spx735

i mentioned this before the open as an A=C ideal target and we HIT it! as a result, i am delighted to report that i am able to raise my estimate for the powerful rally which has just started (though spx741 is still my orthodox low). there are ...

SIXTEEN WEEKS OF RALLY AHEAD!!!!!!!!!!!!!




!!!

comments?

Mr Humble1, Im in agreement that we will get a huge bear market rally yet 16 weeks!!!
Does that not go against your 4/24/09 day to get out of market ??
Just curious, Thxs

yes, it does, though 4/24-4/27 might be a factor in there somewhere. this new market info activates a more bullish scenario in Time. instead of a melt-up, a steady but impressive and longer rally looks more likely. imho and fwiw.

above 750.....the prior 75% support which is now resistance and the bubble

there is nothing more exciting and mysterious than an irregular finish to a long move. today's spx735 from spx944 looks VERY much like that final ABC wave irregular LOW, with A=C:

spx944 -> spx804 = 140 pts.

spx875 - 140 pts. = spx735

i mentioned this before the open as an A=C ideal target and we HIT it! as a result, i am delighted to report that i am able to raise my estimate for the powerful rally which has just started (though spx741 is still my orthodox low). there are ...

SIXTEEN WEEKS OF RALLY AHEAD!!!!!!!!!!!!!




!!!

comments?

Humble, at some point, at the pace we are going, most on this list will be bullish with you. The world will be good then

When I see the market break out the top of an UP-channel (maybe even on a 1-minute chart) then maybe I'll sit up and take notice.

there is nothing more exciting and mysterious than an irregular finish to a long move. today's spx735 from spx944 looks VERY much like that final ABC wave irregular LOW, with A=C:

spx944 -> spx804 = 140 pts.

spx875 - 140 pts. = spx735

i mentioned this before the open as an A=C ideal target and we HIT it! as a result, i am delighted to report that i am able to raise my estimate for the powerful rally which has just started (though spx741 is still my orthodox low). there are ...

SIXTEEN WEEKS OF RALLY AHEAD!!!!!!!!!!!!!




!!!

Humble, at some point, at the pace we are going, most on this list will be bullish with you. The world will be good then

Overall, especially after the April low, he will be right I think. I'm looking for a huge rally into May 2010 from the third week of April. Let's see if he can continue to post bullish posts into the that time frame without reversing to the bear side. I don't see important support here until SPX 660 and then after that in April 550/555 then I'll turn outrageously bullish where some here might think I'm crazy. For 2 months now (or more I think) H1 has been a great fade. If he can hold throughout this decline, I believe he will make money, good money eventually.

lemme know; i'm ready for the "zag."

lemme know; i'm ready for the "zag."

I'll be cheering for ya. You and my Dad are in the same boat.