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#1 eminimee

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Posted 31 July 2007 - 01:48 PM

http://stockcharts.com/c-sc/sc?s=$OEX&p=5&yr=0&mn=0&dy=3&i=p50528919595&a=106624082&r=296.png

#2 swingtrader

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Posted 31 July 2007 - 01:54 PM

Tea, Nice call! :clap:

#3 hiker

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Posted 31 July 2007 - 01:54 PM

man you do good work! and consistently good! am assuming your trade is betting on 1473.91 SPX cash yest. close not being seen prior to today's close? I covered all, btw based on t/l convergence with 1462 support data point....I am taking rest of day off. have some stops in case I need to reenter short on stops.

Edited by hiker, 31 July 2007 - 01:57 PM.


#4 eminimee

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Posted 31 July 2007 - 01:56 PM

Not there yet...but looking good so far...

#5 swingtrader

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Posted 31 July 2007 - 02:05 PM

Tea, How did you come up with the 672 target? Thanks!

#6 eminimee

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Posted 31 July 2007 - 02:23 PM

Swingtrader...a ton of Fib points there...the big one being the .618 retrace back to all time highs....I think we are back testing it.

#7 eminimee

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Posted 31 July 2007 - 02:37 PM

and why I think we may get a moon shot to 747 after testing 672.......Quite fitting....climb aboard the OEX 747 Luxury Liner?

http://stockcharts.com/c-sc/sc?s=$OEX&p=M&yr=9&mn=5&dy=0&i=p32254322170&a=99552000&r=5149.png

#8 hiker

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Posted 31 July 2007 - 02:44 PM

luxury liner :D trading profits as measured in airplanes

#9 espresso

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Posted 31 July 2007 - 03:32 PM

http://stockcharts.com/c-sc/sc?s=$OEX&p=5&yr=0&mn=0&dy=3&i=p50528919595&a=106624082&r=296.png



Bravo!
TP does you chart means that you still expect waves 4 and 5?
B)

Edited by Espresso, 31 July 2007 - 03:32 PM.

Spesi FF

#10 relax

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Posted 31 July 2007 - 03:40 PM

i could be wrong, but i think TP expects wave 5 to go to 672 apart from that sure doesn't sound good the story about american home we will head lower tomorrow - maybe even just break 672 would that be acceptable TP - just breaking 672