2 replies to this topic

[blustar]

I think we come back to 1725/26 by early Wed this week and then rocket up to 1783 by Friday in a C of "C" manuever. This move is not sustainable tho' and it would not at all surprise me to see a move back to the 1630's by late next week or early the following as we test the 20 week lows from late June +/-. The 16 TD low is due Thursday next week and if Wed this week is the 8TD low, we could see a another larger low out near Nov 1-4 on the new moon cycle. The FED meets next WED next week and I think things are about to get a little harry.

[The End]

Blu, Do you trade your thoughts? If ya did you would be broke, so it's a silly question, you obviously don't trade your thoughts. We closed today at 1754 on the SPX. You are saying we trade down 28-29 points tomorrow then go up 57-58 points by this Friday then down 150 points over the next five to seven trading days. WTF? That is just as bad as Sears Poncho.

[blustar]

Blu,

Do you trade your thoughts? If ya did you would be broke, so it's a silly question, you obviously don't trade your thoughts.

We closed today at 1754 on the SPX. You are saying we trade down 28-29 points tomorrow then go up 57-58 points by this Friday then down 150 points over the next five to seven trading days. WTF?

That is just as bad as Sears Poncho.

Obviously I don't trade all my thoughts, but that being said the Wed low this week looks spot on to me this AM. Right now I'm thinking the 1735/41 zone. The top from Oct 25-29 possible and 1784/1804 zone.

I post my thoughts freely here without fear of ridicule. Mark sees to that and does a fine job. I'm always open to refiguring things tho', right now refigured as we get closer. Otherwise the open areas are just that and possible only, not saying for sure. Hope that clarifies things a bit.