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Time for a BIG announcement....


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#1 cgnx

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Posted 17 May 2010 - 02:42 PM

if I were a betting man I smell a Settlement for GS and the banks. Imminent? This market needs that and we could go boom.
If it can be cornered, it will.

#2 thespookyone

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Posted 17 May 2010 - 03:24 PM

It's gonna go boom-down.

#3 Darris

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Posted 17 May 2010 - 04:19 PM

Nice call today on the ES 50% retracement point for the low Spooky!!

#4 thespookyone

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Posted 17 May 2010 - 04:37 PM

Nice call today on the ES 50% retracement point for the low Spooky!!


Thanks Darris-sure wish you were around more-love your stuff!

#5 thespookyone

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Posted 17 May 2010 - 05:04 PM

To be fair-I should have said we do go up first, THEN boom down. Actually, from here the up move may turn out to be another 30 points (possible anyway) as well. The move that follows it down will dwarf it.

#6 IYB

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Posted 17 May 2010 - 05:55 PM

Actually, from here the up move may turn out to be another 30 points (possible anyway) as well.

Agree -- 20 points, imho...

The move that follows it down will dwarf it.

....and agree.

Very nice work again today Spooky. :)
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds

#7 thespookyone

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Posted 17 May 2010 - 06:59 PM

Thanks again D! Funny thing is, I think we drop 10 overnight, do I'm really only looking for the same 20 up from here you are. Confluence with someone I greatly respect-can't beat it!

#8 cgnx

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Posted 17 May 2010 - 07:36 PM

I'm not so sure about the ka boom down. But if we do drop it will certainly be El Kabong. Thats why if the PPT is doing there job a BIG NEWS item might need to be front page. That might jump start this move up.
If it can be cornered, it will.