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Parabolic peak in 1994


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#1 dcengr

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Posted 22 February 2011 - 06:18 PM

That is the crash scenario.
Qui custodiet ipsos custodes?

#2 Bob-C

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Posted 22 February 2011 - 06:36 PM

That is the crash scenario.



dcengr, can you supply a chart or comparison charts? TIA What is your VST projection for the QQQQs?

Are you saying that the market is currently in a crash scenario?

Thanks,

Bob-C

Edited by Bob-C, 22 February 2011 - 06:37 PM.

Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#3 arbman

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Posted 22 February 2011 - 07:00 PM

It looks to me we may see the highs (higher or lower) in the next 5-6 sessions boosted a bit with the new month buying and then down she goes...

#4 arbman

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Posted 22 February 2011 - 07:50 PM

I think the next 1-2 days are still looking weaker than straight up for a bounce actually. NDX looks awful, it would take a miracle to just turn it around, even for a bounce yet. Perhaps the Fed miracle, but I would not count on it yet.