we got the rally which is a sucker rally... ES 1280-1285 should be THE apex. I think spx will undercut 1200 like a hot knife through butter before mid sept.
Big intermediate term sell off is coming
Started by
A-ha
, Aug 27 2008 09:39 AM
7 replies to this topic
#2
NAV
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Posted 27 August 2008 - 09:43 AM
I agree with you.
It's called the 9 month cycle bottom. It comes like clockwork !
#3
atlasshrugged
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Posted 27 August 2008 - 09:46 AM
we got the rally which is a sucker rally... ES 1280-1285 should be THE apex. I think spx will undercut 1200 like a hot knife through butter before mid sept.
how high up are you looking for on this move granted we break 1285?
i am still thinking 1320-30
my broker tells me to buy hewlett packard but i have been burned on tips before
#4
A-ha
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Posted 27 August 2008 - 09:58 AM
we got the rally which is a sucker rally... ES 1280-1285 should be THE apex. I think spx will undercut 1200 like a hot knife through butter before mid sept.
how high up are you looking for on this move granted we break 1285?
i am still thinking 1320-30
my broker tells me to buy hewlett packard but i have been burned on tips before
They unloaded amazing amount of stuff while probing futures, there is no way it can get through 1285. We may not even see 1280 today. If it doesnt start today or it gaps down huge tomorrow. eaten too much distribution.
#5
andr99
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Posted 27 August 2008 - 11:08 AM
we got the rally which is a sucker rally... ES 1280-1285 should be THE apex. I think spx will undercut 1200 like a hot knife through butter before mid sept.
how high up are you looking for on this move granted we break 1285?
i am still thinking 1320-30
So am I
BTW I followed your story but couldn' t understand it 100% because my english is not at the needed level. Some terms anyway made me laugh a lot :
the rocket scientist stripper in Rhino ....................and all those bucolic guys...............must all be very funny.
forever and only a V-E-N-E-T-K-E-N - langbard
#6
andr99
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Posted 27 August 2008 - 11:15 AM
if and only if the german dax is going to form a right shoulder ............given the interconnections of American-European
markets, it results hard to believe the sp and dow and nasdaq haven' t got a bit to surge. But it's only supposition so far.
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forever and only a V-E-N-E-T-K-E-N - langbard
#7
dcengr
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Posted 27 August 2008 - 12:04 PM
You're my hero. 
Qui custodiet ipsos custodes?
#8
andr99
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Posted 27 August 2008 - 03:18 PM
You're my hero.
It seems we are two, given that IC sees it at the same way. But I would be cautious, being you, using any irony for free,
wait a bit ...............before singing, even if singing before the right time costs nothing.
Edited by andr99, 27 August 2008 - 03:20 PM.
forever and only a V-E-N-E-T-K-E-N - langbard
