53 replies to this topic

[linrom1]

 

 

if the stock market drops 5% by Monday, I promise I will become a communist 

and a Priest?

 

 

both

 

That's redundant. 

[andr99]

 

 

 

if the stock market drops 5% by Monday, I promise I will become a communist 

and a Priest?

 

 

both

 

That's redundant. 

 

 

repetita iuvant

[andr99]

 

The Banking Index is already breaking down as I write this and has been for over a week. Hmmm... I wonder what they know?

 

they know that elliott, gann and astrology are completely wrong because the banking sector in Europe is on the verge of its final rise and almost surely so is in the USA. It is possible that the rise is delayed 

 

some more weeks, but not beyond early November. Then it will be party time. 

Edited by andr99, 10 October 2025 - 06:04 AM.

[andr99]

stay positive blu, trying to pick tops is not easy. I don't want to sound rude, because you always sound like a good person, but please consider that in an uptrend, picking tops is like trying to win the lottery.

[GDA]

stay positive blu, trying to pick tops is not easy. I don't want to sound rude, because you always sound like a good person, but please consider that in an uptrend, picking tops is like trying to win the lottery.

 

It is also wrong and counter-productive.

[blustar]

The NDX made a new high this morning on a rare double irregular top: y of [z] of Z of [B]. It was not matched by the SPX nor the DJI. The SPX made a b wave of [z] of Z of the larger [B]. I expect by Monday we will test the 50 day moving average at a FIB test of 6535/36 SPX and by Oct 23 the upside test should be near SPX 6819/20.

 

These kinds of waves down tend to be dramatic toward the end of the move, so some kind of earth shaking event is likely to happen over the weekend I suspect as the astros may be saying. A break of 6710 SPX would confirm.

 

My ALGO is predicting a buy low on Oct 21 on the new moon and again on October 31.

Edited by blustar, 10 October 2025 - 09:24 AM.

[blustar]

 

stay positive blu, trying to pick tops is not easy. I don't want to sound rude, because you always sound like a good person, but please consider that in an uptrend, picking tops is like trying to win the lottery.

 

It is also wrong and counter-productive.

 

I think Monday will be down hard, but not THE top. We will see if it is wrong or counter productive on Monday. IF Monday occurs like I think it will, then Oct 23 should be the final top this year.

[blustar]

Looks like the surprise came today and it may intensify this weekend! My new downside target is ~ SPX 6444. What would that be? 6762 or 6764 about 340 pts down or around 5%. And guys, note that I posted the last post before Trump sounded the alarm. I was thinking I was wrong on my read. I don't think so now!

[blustar]

Actually I posted it just as Trump sounded the alarm to the minute which means I had to have had time to write it.

[linrom1]

Actually I posted it just as Trump sounded the alarm to the minute which means I had to have had time to write it.

Alarm? He caused the market decline on purpose.