Looking for SPX 1311/12 on downside. Irregular top Thursday suggesting higher prices after this decline into May 8-12 top around perhaps 1416/18.
blu
Massive A/D and MOM Divergences
Started by
blustar
, Apr 25 2008 11:37 AM
3 replies to this topic
#1
blustar
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blustar
#2
draggen33
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Posted 25 April 2008 - 12:37 PM
Blu ,pardon me
Just to clarify you think after today down , up to 5/8-12 1416-1420 area , 
then down 5.5 % is that right ?
Thxs in advance
then down 5.5 % is that right ?
Thxs in advance
#3
gismeu
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Posted 25 April 2008 - 01:07 PM
Blu ,pardon me
Just to clarify you think after today down , up to 5/8-12 1416-1420 area ,
Thxs in advance
I think it is meant the other way round,
gis
If you can't buy Happiness, STEAL IT!
#4
blustar
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blustar
Posted 27 April 2008 - 01:23 PM
Right now I'm looking for a nice drop down into May 5/6 and then a rally into May 9/12. Depending on how low we go depends on the rally, which should be about 8.2% off the bottom and 4 days in duration. We could go as low as SPX 1295/1300 on this down move.
blu
