18 replies to this topic

[da_cheif]

how bout this one...... the june e mini daily chart... and horizontal line drawn off the hi of feb 22 and the 38.2 retrace off the march low.......

[eminimee]

I've posted this several times.....for interest sakes.....if we hit that TL again this month..it's at 1550

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-06-01&i=p40040127343&a=60339873&r=9679.png

[da_cheif]

how bout this one......

the june e mini

daily chart...

and horizontal line drawn off the hi of feb 22

and the 38.2 retrace off the march low.......

most would be interested in this chart if somebody posted it......tia to anybody

[eminimee]

Like this? Sorry for the size...

[da_cheif]

thanks t....but it would have more visual impact if it were compressed.....

[eminimee]

I wouldn't do this just for anybody....

...compressed enough. I know what you are saying....and it was good for a bounce....still think we need another leg down....maybe fairly deep.

[da_cheif]

"i wudnt do this for just anybudy".........ooooooohhhhh CAAANNNAAAADAAAAAA justa bounce eh.........could be huge.......

Edited by da_cheif, 14 June 2007 - 08:15 AM.

[securelstmile]

Not only did Don call this but he called the reason behind the move. He was calling for a reflationary boom when many were concerned the inverted yield curve was a sign of an impending recession. Ya gotta hand it to him.

[eminimee]

securelstmile...no argument from me....I've been on the inflate or die side for a long time....I've had disagreements with Don...but never about his long term work. Our disagreements have come from me taking exception to his attitude......but I'll tell you the truth....I'm getting much more impatient with people now too.....so the longer we are in this game....maybe we all get to the point where "civility" takes a back seat....I'm definitely getting to that point. LOL We may not see eye to eye in short term set ups....as is the case right now. Either we get a good correction now....or we will see a minicrash in the fall. . . I for one would prefer we get it now. 1380/1400 would be nice.