3 replies to this topic

[airedale88]

today (wed) puts us at 100 days from the last nominal 20 wk cycle and 25 days from the last nominal 5 wk cycle low. both lengths indicate we are in the window for the nest of cycle lows. as mentioned before, i'd like to see INDU tag it's lower 4% envelope around 13130 and will buy more sept es on or near that event





http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p64387740569&r=4709.png

[Bandit]

today (wed) puts us at 100 days from the last nominal 20 wk cycle and 25 days from the last nominal 5 wk cycle low. both lengths indicate we are in the window for the nest of cycle lows. as mentioned before, i'd like to see INDU tag it's lower 4% envelope around 13130 and will buy more sept es on or near that event





http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p64387740569&r=4709.png

What a great call Airedale88 DOW hit your lower band-- 13,134 & just took off to the upsiade.

Thanks- Bandit

[airedale88]

thnx, bandit. it didn't help me tho, i wanted to see the es drop down at the same time to scale into more contracts in the low 1440's but the darn thing was rallying as the INDU faded.

[airedale88]

bought second round of es's at 1455. NYSE comp ugly all day, improving now.