VST Low Today
Started by
blustar
, Sep 06 2007 09:25 AM
6 replies to this topic
#1
Posted 06 September 2007 - 09:25 AM
I have 1457 SPX and QQQQ 48.31 pegged as the low today sometime around mid/late-session. Friday should be a top for next week's expected super slide. Friday's top near 1481-82 SPX and QQQQ 49.50.
#2
Posted 06 September 2007 - 09:39 AM
so you are expecting 200 points down from monday to wednesday
only al-queda can do that
#3
Posted 06 September 2007 - 09:54 AM
1475
#4
Posted 06 September 2007 - 09:59 AM
Hi YM
what are you saying about 1475?
cheers
#5
Posted 06 September 2007 - 10:36 AM
Find my questions in the last 10 blustar's posts....
#6
Posted 06 September 2007 - 11:40 AM
blustar, you seem to be expecting the markets to Delta Hedge into Op Ex again as your SPX 1243-60 target low Sept 11-12 numbers are well below Max Pain. Given the high bearish sentiment out there it seems inprobable but I wish all the best in your trading. I presume you then for see a rally ahead of the Fed meeting on the 18th which is probable. Appears that the low for the day is in already as YM has just exceeded last night's high! What historic probability of success in turn dates and direction of markets have you been able to achieve using Gann cycles?I have 1457 SPX and QQQQ 48.31 pegged as the low today sometime around mid/late-session. Friday should be a top for next week's expected super slide. Friday's top near 1481-82 SPX and QQQQ 49.50.
#7
Posted 06 September 2007 - 09:45 PM
Right now the Gann cycles are down for the market as is the e-wave look. Whether we crack into Sept 11th or early October, the trend still looks down to me and 1260 spx and qqqq 39 still look like the down side targets. Success is very good but you have to know the trend and right now I believe the trend is down.