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(psst...I know you wanna see some great bottom)


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#1 spielchekr

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Posted 13 March 2007 - 08:44 AM

Ok, so it doesn't look so great right now. But just wait until you're really hard up.

My FF: we tag the green line for a major bottom.

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=2&mn=9&dy=10&i=p54021318901&a=100560403&r=9775.png



Zoomed...

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=9&dy=0&i=t72429275992&a=100560403&r=8901.png

#2 LeroyB3

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Posted 13 March 2007 - 08:54 AM

1326-ish is possible, but no lower then that. Best, LB

#3 spielchekr

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Posted 13 March 2007 - 08:58 AM

1326-ish is possible, but no lower then that.

Best,

LB





Lower not possible as a bottom, or just not possible?

Edited by spielchekr, 13 March 2007 - 09:00 AM.


#4 mss

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Posted 13 March 2007 - 09:08 AM

IMO, we get another bounce (1417-1421), a decline (1395-1381) and the last rise, (1431-1446).

If the decline comes first and 1381 does not hold, 1359-1356 is next.

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#5 eminimee

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Posted 13 March 2007 - 09:11 AM

Let me fork you one better.... :D This bottom fork is between 1340 and 1350..A quick and dirty using that target on spx....gives us 616 oex. (Have I mentioned 616 OEX before? double :D :D )

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-06-01&i=p67141354882&a=84025986&r=7836.png

#6 spielchekr

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Posted 13 March 2007 - 09:22 AM

I had no idea you could fork like that :blush:

Let me fork you one better.... :D This bottom fork is between 1340 and 1350..A quick and dirty using that target on spx....gives us 616 oex. (Have I mentioned 616 OEX before? double :D :D )

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-06-01&i=p67141354882&a=84025986&r=7836.png



#7 .Blizzard

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Posted 13 March 2007 - 09:39 AM

1325 next stop

80 EMA is a magnet

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&b=5&g=0&i=p28369282769&r=848.png
 
 
 


#8 eminimee

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Posted 13 March 2007 - 10:04 AM

I can't fork for as long as I used to......but when I do fork....the time is better appreciated. vbg

#9 spielchekr

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Posted 13 March 2007 - 10:16 AM

I can't fork for as long as I used to......but when I do fork....the time is better appreciated. vbg





Oh c'mon now, your modesty is SO insincere. Scroll up and look how long you forked!!!

#10 LeroyB3

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Posted 13 March 2007 - 11:16 AM

1326-ish is possible, but no lower then that.

Best,

LB





Lower not possible as a bottom, or just not possible?


SPX will not hit under 1326.

Best,

LB