43 replies to this topic

[skott]

yeah, wish I'd never read this post. let it color my thinking somewhat. my bad.

[opinionated]

Good Job Brad,

 

O

[blustar]

Blu -
 
what are you seeing for Monday ?
 
Rut leading down ...
 
Arms index still low .
 
Fed behind the curve ..
 
Dow transports down huge
 
60 day copper spot chart looking very bearish 
 
Apple down 4% 
 
Banking index down 
 
no major china meeting till November 
 
no indication of easing cycle from the Fed 
 
sweet crude down 3% today 

[blustar]

Like I said huge rally to near 2953/54. See my blog post.

[alexnewbee]

Like I said huge rally to near 2953/54. See my blog post.

Impossible. Sorry.

[cycletimer]

We will make a lasting and significant cycle LOW (lower low than 8/15) on August 28/29th. I’m thinking we bottom between 2680-2720. I’m keeping powder dry for this opportunity. It’ll be the penultimate dip to buy for year end rally. The next cycle date of significance is Sept. 19th (might be a low but it’ll be a higher low).

[redfoliage2]

No panic selling yet. We should see the IT bottom when VIX over 30....,..

[blustar]

My target for Monday is 2949-66.  No, it is not impossible due to short covering (a lot of negativity out there), and the fact that most people are used to a Friday being down having follow through on Monday and the G7 meeting this weekend could cause it. My astro/cycle/wave/tech analysis says highly likely!!! 

[blustar]

I have GDX down 12% Monday.  Geez, wonder what would cause that to happen?  I have it posted on my blog.

[alexnewbee]

My target for Monday is 2949-66.  No, it is not impossible due to short covering (a lot of negativity out there), and the fact that most people are used to a Friday being down having follow through on Monday and the G7 meeting this weekend could cause it. My astro/cycle/wave/tech analysis says highly likely!!! 

Would you take a bet? A bottle of good wine would do up to 20