Internals don't matter

http://www.traders-t...;showentry=2717

I made a great profit on the short side yesterday. closed this am. may or may not go back in. sure is tricky market.

Nav, Do you have a timeline for this? Thanks.

Very Good Call on your Targets yesterday and the reflex rally few days back. You and Semi, and I gotta include Larry da men. Let me not get sentimental, it don't matter

Nav,

Do you have a timeline for this? Thanks.

My timeline for ES 1236 was actually yesterday . But you know with all this pesky interventions by the Fed/rumors, and the associated volatility, the time and the exact path to the destination is always tough to call accurately. That's why i have different tools to deal with all these VST volatility and market paths. The the overall trend is unmistakable - DOWN !. But if i were to guess, ES 1236 should be achieved by no later than end of next week. That should finsih the wave A that i showed in the IT charts on my blog. Then a bounce in wave B and another leg down (wave C) into 1170 +/- 20 points (my LT objective). We'll see...

IT charts here

Edited by NAV, 13 March 2008 - 05:59 AM.

Very Good Call on your Targets yesterday and the reflex rally few days back. You and Semi, and I gotta include Larry da men. Let me not get sentimental, it don't matter

Thanks Sky.

Tks for the response NAV. I can see the 1236 briefly - don't see the 1100 stuff.