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3.2% Drop Tomorrow?


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#1 blustar

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Posted 06 May 2008 - 02:34 PM

I have targets of SPX 1369/71 and OEX 632/33 tomorrow on the 16 day cycle low. The pattern would then allow a rally back to 1425 by May 9/12 and that should then be the top I would think. blu

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blu

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#2 A-ha

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Posted 06 May 2008 - 02:38 PM

For the love of God, please stop it. I am short and it hurts. You started your target at 1290 last week, came all the way up to 1390... i am begging you please stop !!!!! You are more savage than Alex the Short Seller !!!!!

Edited by A-ha, 06 May 2008 - 02:41 PM.


#3 Islander

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Posted 06 May 2008 - 02:48 PM

The board does not have a chaplin, however we do have a few witches who might have some advice. Mine? You may have shorted early, but hold on you could be right yet. Best, Islander

#4 A-ha

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Posted 06 May 2008 - 02:57 PM

The board does not have a chaplin, however we do have a few witches who might have some advice. Mine? You may have shorted early, but hold on you could be right yet. Best, Islander



I am short AAPL AMZN YHOO GOOG BIDU CSCO

Up on AMZN and YHOO CSCO, down on the rest... my YHOO gain is great BTW..

I think I can get 15% from CSCO tomorrow but there seems to be a persistent bearishness under the surface despite low PC ratios...

Edited by A-ha, 06 May 2008 - 02:57 PM.


#5 blustar

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Posted 06 May 2008 - 03:48 PM

Looks like CSCO and this are rallying. Wonder what could cause the market to pull back over the next 1-2- days as I my indicators, cycles and waves are telling me

Blessings,

 

blu

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#6 blustar

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Posted 06 May 2008 - 06:11 PM

Oil inventories!!! and also housing firgures come out, but I would think oil inventories since oil is sky rocketing so much here.

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blu

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#7 Swiss Trader

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Posted 06 May 2008 - 06:23 PM

Oil inventories!!! and also housing firgures come out, but I would think oil inventories since oil is sky rocketing so much here.


Drop? What drop? Are you crazy? Did you read "Mr. Joke MERRIMAN?

Tomorrow we'll hit 1433 or 1444 or 1455 or 1466 or 1477 or 1488..... and then we pullback

Took a 35 point loss on this fu@#*@ trade :angry:

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