SPX 1415 Possible by Wednesday
Started by
blustar
, Aug 28 2007 08:50 AM
4 replies to this topic
#1
Posted 28 August 2007 - 08:50 AM
The Gann 8/16 cycle looks to be +1 day and the top +1. Channel and gap support 1415 Wednesday morning. a=1.618c projects to 1545 by Friday August 31 (wave 'c's of wave "y"s are largest bear rallies). Friday should be important top for move to 1260 by Sept 11-12, 4.5 year cycle low and next 8/9 day cycle low.
#2
Posted 28 August 2007 - 09:36 AM
The Gann 8/16 cycle looks to be +1 day and the top +1. Channel and gap support 1415 Wednesday morning. a=1.618c projects to 1545 by Friday August 31 (wave 'c's of wave "y"s are largest bear rallies). Friday should be important top for move to 1260 by Sept 11-12, 4.5 year cycle low and next 8/9 day cycle low.
I can't read this abracadabra. Smaller wave 'c' of middle 'y' of larger 'x' of grand 'a' of super huge 'b' of... of... of.... of f@cking off mega supper-pupper wave "F" (of course on larger time frame). Sh#t!
Going long on Rydex this morning.
Trade From Fund Trade Date Cycle Amount Estimate*
US GOVT MONEY MARKET-INV 8/28/2007 AM 100.00% $XXXXXXXXX
Trade To Fund(s) Trade Date Cycle Amount Estimate*
S&P 500 2x STRATEGY-H 8/28/2007 AM 100.00% $XXXXXXXX
#3
Posted 28 August 2007 - 10:04 AM
I'm not trying to put crow on the table...but the last time before you disappeared....you were full of these gignatic swings then too..that never materialized....
the path is hard to swallow.....but I'll never say never.
#4
Posted 28 August 2007 - 10:17 AM
The area to watch is the 50% retrace at 1425 within the next few hours. If we hold there, wave 'c' can be = to wave 'a' and the minimum up side by late Thursday would be the 1505 area.
Today could be the low and late Thursday is 4 days from last Friday.
Sorry you are so confused You Mast.
These are just possible mathematical relationships based on the past.
#5
Posted 28 August 2007 - 12:27 PM
1425 is looking more and more likely and probably tomorrow even midday, exactly 9 days from the last low.