"Tea the SPX cash should close just below 1500.
what does that mean in your ta?"
Nothing ....I'm still leaning wave 2...but 1518 has to be taken out on the next move....or I'll be thinking something else more ursine. If starting a C wave...I guess I can't guarantee new highs if 1518 is taken out ....but because of my comfort level in the Q's ED...I think it's going to be a three.....we'll have to see the shape of any upmove from here.
http://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=0&dy=13&i=p11557564749&a=109883924&r=9200.png
Mr.DEV
Started by
eminimee
, Jun 29 2007 03:42 PM
5 replies to this topic
#1
Posted 29 June 2007 - 03:42 PM
#2
Posted 29 June 2007 - 07:07 PM
Thank you Tea,,,
Looking forward to your follow up.
Have a nice weekend
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#3
Posted 30 June 2007 - 08:58 AM
Here's the preplan...and man if it works out.....I want a position on the A team..
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=10&i=p54628789513&a=104926928&r=5243.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=10&i=p54628789513&a=104926928&r=5243.png
#4
Posted 30 June 2007 - 09:07 AM
BTW, July 13th is the 9th trading day of the month.
#5
Posted 30 June 2007 - 10:07 AM
Maybe 2 more weeks of rotation out of banking...
...to support the equal weighting distrubution patterns?
...to support the equal weighting distrubution patterns?
#6
Posted 30 June 2007 - 10:08 AM
wow spiel, nice little chart
a lot of people are expecting a major sell-off after the 4th...hmm.
“be right and sit tight”