Larry P, the guy who called the october 6 to 10th crash perfectly says we will crash again into a major low on Monday the 27th.
So the trade is go short into the weekend, then cover and go long monday for a multi week MEGA rally....
Says there will be a MAJOR event that happens this weekend that marks the catalyst for the Monday low.
the low could be friday or monday but monday seems more probable.
major low coming on monday the 27th
Started by
tradesurfer
, Oct 23 2008 12:48 AM
11 replies to this topic
#1
tradesurfer
-
- Traders-Talk User
- 2,960 posts
Member
#2
humble1
-
- Traders-Talk User
- 5,959 posts
Member
Posted 23 October 2008 - 02:47 AM
that's the lunar calendar 7/28 scenario which relax and i discussed here a couple of days ago. i don't think it works for this year, fwiw. you have to filter these things. you can't just take that history and lay it out every year.
i like larry's work, though, and wish him well with his surgery.
Edited by humble1, 23 October 2008 - 02:51 AM.
#3
dasein
-
- Traders-Talk User
- 7,696 posts
Member
Posted 23 October 2008 - 02:58 AM
i thought Larry T was in minor surgery, Pesavento is in surgery too?
best wishes to all - this is a bad time for human health as well as market health - everyone take care...
klh
best,
klh
klh
#4
humble1
-
- Traders-Talk User
- 5,959 posts
Member
Posted 23 October 2008 - 03:15 AM
well, best wishes to pesavanto, too.
i have learned from both these guys. i haven't looked at LP's books for a while; i'll have to go get one of his books off of the shelf and think of him that way to boost him along.
#5
oceanwave
-
- Traders-Talk User
- 46 posts
Member
Posted 23 October 2008 - 03:50 AM
Guys who is Larry P please?
#6
humble1
-
- Traders-Talk User
- 5,959 posts
Member
Posted 23 October 2008 - 03:58 AM
ow:
i don't post this as a recommendation because it is different strokes for different folks in these matters. as a market groupie, there are very few of these guru's (there are lots of them and many very smart) from whom i don't learn something which becomes useful in the appropraite market environment.
now, after that wordy caveat, here is the link:
http://www.tradingtutor.com/
i don't post this as a recommendation because it is different strokes for different folks in these matters. as a market groupie, there are very few of these guru's (there are lots of them and many very smart) from whom i don't learn something which becomes useful in the appropraite market environment.
now, after that wordy caveat, here is the link:
http://www.tradingtutor.com/
Edited by humble1, 23 October 2008 - 03:58 AM.
#7
oceanwave
-
- Traders-Talk User
- 46 posts
Member
Posted 23 October 2008 - 05:28 AM
Thanks Humble1,
I happen to agree with you about a rally due, the best of which I think will be done
around 2 December.
We are in a tricky period here though, I've got a low due between now and 28th
but I'm hoping it stays a higher low than 10th!
#8
blustar
-
- Traders-Talk User
- 6,574 posts
blustar
Posted 23 October 2008 - 08:00 AM
I have low due here Wed/Thurs, a high Friday and a major low due Oct 28 on the new moon with a strong rally into the following week around Nov 5/6 for a 16 day top. Last one ran 17 days and topped on Oct 14 right on the full moon.
#9
tommyt
-
- Traders-Talk User
- 5,136 posts
Member
Posted 23 October 2008 - 10:19 AM
[quote name='humble1' date='Oct 22 2008, 11:47 PM' post='408899']
that's the lunar calendar 7/28 scenario which relax and i discussed here a couple of days ago. i don't think it works for this year, fwiw. you have to filter these things. you can't just take that history and lay it out every year.
Humble, I guess you have not been following Larry P or Carolyn...Larry P said the mkt would drop 2000 pts in a week, and it did exactly. its worked so well this year I can't believe it...whether or not the Monday thing happens.
that's the lunar calendar 7/28 scenario which relax and i discussed here a couple of days ago. i don't think it works for this year, fwiw. you have to filter these things. you can't just take that history and lay it out every year.
Humble, I guess you have not been following Larry P or Carolyn...Larry P said the mkt would drop 2000 pts in a week, and it did exactly. its worked so well this year I can't believe it...whether or not the Monday thing happens.
#10
humble1
-
- Traders-Talk User
- 5,959 posts
Member
Posted 23 October 2008 - 10:51 AM
tommyt:
for months before either did, and right here at TT with plenty of time stamps, i called for a 10/10/08 low. i don't say this to preen: the gracious gods don't like that.
and if you want to be short into lunar 7/28 2008 go ahead and do it. then come back and tell me how you did.
