Mine is SPX 1165, if the PPT team can get a grip here. Interesting that they chose an American market holiday to crash the global markets. We get a full day built-in market halt that way. Good or bad? I think it was designed to assist the PPT (uh, there is one isn't there?). We'll see if that wisdom works out.
And furthermore, my SPX target price was fulfilled
Started by
spielchekr
, Sep 21 2008 10:25 AM
2 replies to this topic
#1
spielchekr
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Posted 21 September 2008 - 10:25 AM
What's your crash target?
#2
SilentOne
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Posted 21 September 2008 - 11:11 AM
hi spielchekr,
I have to agree with the many savvy posters on this board that last week's action probably did it for now. This week I failed to look back at airedale's envelope charts he often posted. Late Thursday the $SPX hit 9 std dev. as it did in Jan. There will no doubt be a lot of chop from here in the next few weeks. I had orders for SSO below 50 late Thursday which I failed to execute. If I had been looking at these charts last week, I would have been MUCH braver.
Your charts are amazing, but I find these envelope charts are more to the level of a layman like me.
Please keep posting your work. Much appreciated.
cheers,
john
I have to agree with the many savvy posters on this board that last week's action probably did it for now. This week I failed to look back at airedale's envelope charts he often posted. Late Thursday the $SPX hit 9 std dev. as it did in Jan. There will no doubt be a lot of chop from here in the next few weeks. I had orders for SSO below 50 late Thursday which I failed to execute. If I had been looking at these charts last week, I would have been MUCH braver.
Your charts are amazing, but I find these envelope charts are more to the level of a layman like me.
Please keep posting your work. Much appreciated.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#3
underabigw
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Posted 21 September 2008 - 12:50 PM
Spielchekr,
I meant to comment earlier on your post that had several of your Par Trend charts. I appreciate your work and I'm really interested in seeing your updates on your Dollar and Gold (GDX) charts. I think they will become increasingly important over the next several months.
Thanks again,
UBW
