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A possible tradable bottom in a week or so


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#1 A-ha

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Posted 13 March 2007 - 05:48 PM

we are close in terms of time not distance... I will let you know when we hit the exact bottom within minutes ...

#2 selecto

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Posted 13 March 2007 - 06:06 PM

I'll be looking for you. :) [attachment=5383:attachment]

#3 greenie

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Posted 13 March 2007 - 06:12 PM

we are close in terms of time not distance...
I will let you know when we hit the exact bottom within minutes ...



SPX 1290, Qs=36.9 is what I am looking for. How about you?


I also think we are close in time, because we need to reach Qs=32 by early May for Bernanke to cut rates. Time is running out.

Edited by greenie, 13 March 2007 - 06:13 PM.

It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#4 A-ha

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Posted 13 March 2007 - 06:28 PM

I'll be looking for you. :)

[attachment=5383:attachment]



Well, if you know where I think it might be, you really wouldnt care it for now :lol:

Get a telescope because that is the only way I can show you something that distant.

We have much more to go on the downside... more than most cant conceive of at the moment.

And here comes the boldest part of the prediction. We will get there in a week or so.

Edited by xD&Cox, 13 March 2007 - 06:28 PM.


#5 paulstan

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Posted 13 March 2007 - 06:28 PM

My take is that the major indices all need to test and penetrate their respective 200 dma prior to a tradeable bounce. We're roughly half-way there.

#6 A-ha

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Posted 13 March 2007 - 06:36 PM

we are close in terms of time not distance...
I will let you know when we hit the exact bottom within minutes ...



SPX 1290, Qs=36.9 is what I am looking for. How about you?


I also think we are close in time, because we need to reach Qs=32 by early May for Bernanke to cut rates. Time is running out.



I truly dont know the price level, all I know we are going down fast now...
I will only know when we get there, within hours.
It never missed so far..that indicator and its derivatives from the summer lows...started flashing...


My take is that the major indices all need to test and penetrate their respective 200 dma prior to a tradeable bounce. We're roughly half-way there.



I believe it is going much lower... However I understand sentiment getting bearish and equity P/C flying so we may bump a few stone on the way down.

#7 paulstan

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Posted 13 March 2007 - 06:48 PM

My take is that the major indices all need to test and penetrate their respective 200 dma prior to a tradeable bounce. We're roughly half-way there. (sorry duplicate post -- early senility <gr>)

Edited by paulstan, 13 March 2007 - 06:49 PM.


#8 mdwllc

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Posted 13 March 2007 - 06:49 PM

Two dates that might be candidates are March 16 and 19th. The 16th is one of my cycle dates that will have major trend reversals in currencies. The 19th is when grains and precious metals will turn, plus it's the Spring Equinox. My research shows the Equinox is usually a trend change. MDW :)
Lead, Follow or Get Out of the Way...

Be Sure to Perform Your Own Due Diligence

#9 A-ha

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Posted 13 March 2007 - 06:51 PM

My take is that the major indices all need to test and penetrate their respective 200 dma prior to a tradeable bounce. We're roughly half-way there.



That seems the most logical and obvious but most unlikely given the current internals the bear is feeding on...
Especially Nasdaq Composite may go through it like a hot knife through butter

#10 eminimee

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Posted 13 March 2007 - 06:53 PM

We may have another trip up to test this weeks high first....but the bottom comes at................. 616 616 616 616 616 616 616 S&P100

Edited by Teaparty, 13 March 2007 - 06:53 PM.