T Theory Top Due Early Friday

The 1111 SPX target I have been calling for looks more and more likely. T Theory is looking for a top at 10:30 EST Friday (per Roger). This would place the 16 day cycle top out one day or +1. The target is the snap back of the rising trend line. It looks like buying the dip one more time would be the thing to do, but me thinks that will be all she wrote for the Mar-Nov rally. Support early Thursday is 1081 SPX. Will it get there? Beats me. Still looking for a down side of SPX 868/869 into Nov 25. I still believe we go much higher next year minimum SPX 1440/Maximum 1600.

So you are saying the market will drop 240 points from it's potential friday top in 8 trading days.

Edited by NAV, 12 November 2009 - 10:14 AM.

The 1111 SPX target I have been calling for looks more and more likely. T Theory is looking for a top at 10:30 EST Friday (per Roger). This would place the 16 day cycle top out one day or +1. The target is the snap back of the rising trend line.

It looks like buying the dip one more time would be the thing to do, but me thinks that will be all she wrote for the Mar-Nov rally. Support early Thursday is 1081 SPX. Will it get there? Beats me.

Still looking for a down side of SPX 868/869 into Nov 25. I still believe we go much higher next year minimum SPX 1440/Maximum 1600.

Bluster, it would be imposssible to fall that amount in that short time period.

The more unlikely the prediction, the more dramatic the prediction becomes if true, the more the predictor is remembered. Personally, I see the SPX easily hitting 1275 by early Friday.

Edited by norton, 12 November 2009 - 10:34 AM.

If we could collect the emotional energy of this board, we could start a small but profitable power company. Hamlet had more resolve than the boby of FF. The undertaker

So you are saying the market will drop 240 points from it's potential friday top in 8 trading days.

I thought it was a typo!!! we better be a 100% short from here...

So you are saying the market will drop 240 points from it's potential friday top in 8 trading days.

I thought it was a typo!!! we better be a 100% short from here...

Porsche , Blue is famous for fast move forecasts on moves at WARP 2 speed....... he 's been right a few times though...and this 240 point call is not that unreasonable given the fake nature of this rally.....it could easily do that. All we need for that is a catalyst, something like a move up in the buck of a few cents in a few days, or a major bank failing, or Eastern Europe defaulting, or a major war breaking out, lots of opportunity for mishaps....or maybe nothing , just reality sinking in.......

GS.

and when the predictor is never right it will be even more dramatic when they finally get one right. directed at no one in particular.

The way the e/$ dropped today and the bullish irregular flat formation, there is enough energy to go higher to the 1.5120 zone by early Monday. Given that, and the fact that we are in an 8 day cycle low, it would not be unreasonable to expect 2 more days of up move into the new moon. I hypothesized that as a possibility a ways back. Today is the 16 day cycle top due, but it has a variance. It may be that we shoot a lot higher than I was expecting before the correction (868/869 to minimum 960). The possible target I'm looking at is SPX 1122 by early Monday.

and when the predictor is never right it will be even more dramatic when they finally get one right. directed at no one in particular.

I like it when he is right !!!

Hell I want him to be right !!

Can they really infalted the market forever , pullbacks are good for a true bull market