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MULTIWEEK CORRECTION


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#1 .Blizzard

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Posted 30 April 2007 - 02:48 PM

ALWAYS 100% SHORT ESM6 FROM 1498.50

http://stockcharts.com/c-sc/sc?s=$VIX:$BPNYA&p=D&b=1&g=0&i=p99103051280&r=714.png

and my old fractal....still in play...who knows...

As I wrote in one of my previous post "CAN'T WAIT..... MAY 10" :D

Posted Image

Edited by .Blizzard, 30 April 2007 - 02:53 PM.

 
 
 


#2 Mr Dev

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Posted 30 April 2007 - 02:54 PM

;) nice trade...with you but in the RUT.. let's see if we can see it thru

Edited by Mr Dev, 30 April 2007 - 02:55 PM.


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#3 .Blizzard

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Posted 30 April 2007 - 03:10 PM

;) nice trade...with you but in the RUT.. let's see if we can see it thru


You made fast money today, shorting the ER, Mr.Dev!

The next "buy and hold" signal will be....with the NYSI in oversold condition (at -4/500) IMHO ;)
 
 
 


#4 skott

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Posted 30 April 2007 - 03:14 PM

so where are we again in this fractal? you have 2 arrows. And what about May 10?

#5 .Blizzard

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Posted 30 April 2007 - 03:23 PM

so where are we again in this fractal? you have 2 arrows. And what about May 10?


I posted that fractal a few weeks ago

May 10... is today, .... I am not sure how we fall, but the time window .....could be right

I expect a large decline from this top
 
 
 


#6 esther231

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Posted 30 April 2007 - 03:25 PM

I like yours and Frac's fractual work. Hope you both keep posting it.
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells

#7 relax

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Posted 30 April 2007 - 03:26 PM

It's an old post, so disregard the first arrow

May 10 - around that date a move should occur according to the fractal

Either the move will start in China or it will come from some piece of data

That shouldn't really come as a surprise, the force with which it's coming may be the biggest surprise

Growth of 1.3 per cent - everything is going to be held up against that now, which is why the markets are going to be pretty sensitive until some data for april shows some strength


so where are we again in this fractal? you have 2 arrows. And what about May 10?



#8 thespookyone

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Posted 30 April 2007 - 03:36 PM

Blizzard-fully agree. I'm long Q puts,spy puts, and QID since late Friday. The reaction off the top of the RST takes us to SPX cash 1438 to 1440 area, and if that doesn't hold=UH OH. Negative divergence abounds. Spooky