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Gann 8 Day Top Due Friday May Be Today


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#1 blustar

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Posted 12 September 2007 - 09:30 AM

Looks like H&S possible top. Next 8 day cycle bottom is due from last Monday's low and is also the 24 day cycle bottom (also known as the 5 week bottom). From there we should see a nice strong rally into the day after OPEX, 8 days from today. You Mast: I believe that 1440 SPX will be the OPEX maximum, not 1475. Maximum rally the day after OPEX 1455. :)

Blessings,

 

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#2 youmast

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Posted 12 September 2007 - 10:01 AM

1475 strrrrrrrrrrrike ;)

#3 beardown

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Posted 12 September 2007 - 10:04 AM

what happen to big down day yesterday do you just throw things out there hoping they hit? :P very weird stuff

#4 lucky88

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Posted 12 September 2007 - 10:11 AM

Youmast, what do you mean 1475, are you looking for 1475 by OPEX, OR ELSE? Thnks! Luck.

#5 youmast

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Posted 12 September 2007 - 10:20 AM

Gann 8 Day Top Due....


Dear Blu...

There're no more Gann rules on the market. Forget about "guns". There's only one rule. It's Leo Melamed' rule. If you don't know who is he, Mr. Gann can't help you. ;)

#6 youmast

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Posted 12 September 2007 - 10:35 AM

Youmast, what do you mean 1475, are you looking for 1475 by OPEX, OR ELSE?
Thnks! Luck.


Lucky,

I did Sept options analysis in mid August (support... resistance... magnet... "one-leg"... two-leg"... all that sh#t), and I will post it here after Sept expiration. So... you will see what did I mean.

#7 blustar

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Posted 12 September 2007 - 01:07 PM

what happen to big down day yesterday do you just throw things out there hoping they hit? :P very weird stuff



We are in a down trending market and I base everything on the past. I do expect lower prices into next week, yesterday not withstanding.

Blessings,

 

blu

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