7 replies to this topic

[airedale88]

wasn't paying attention. NDX achieved 10 wk projection to new highs posted on 8/31 on another board.

http://investorshub....age_id=22532684



SPX, NASD, INDU, NYSE, everything in gear for higher prices.



INDU envelopes developing a very bullish pattern.



http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p48541594844&r=7869.png

[NAV]

wasn't paying attention. NDX achieved 10 wk projection to new highs posted on 8/31 on another board.

http://investorshub....age_id=22532684

[eminimee]

Atta boy! ...but wish we were more in tune short term. lol

Edited by Teaparty, 26 September 2007 - 12:27 PM.

[airedale88]

Atta boy!
...but wish we were more in tune short term. lol

tea, gotta 10 wk cycle low due mid oct, but first i expect a very right translated top. right now i would not expect that 10 wk low to do any damage. too soon to make a call on it though.



btw, beautiful summer day here on the east coast. heading for the delaware beaches now. cocktails at sunset. no market surprises ok?

[eminimee]

Can't promise that.....I'm short lol

[grizzly]

I appreciate your sharing your excellent cycle analysis work with others. You have kept me from doing more damage to my pocketbook than I would normally have done (i.e., shorting or buying puts). I am mostly long and with cash awaiting the dip that never comes, although I just bought some minimal QQQQ puts, just because I have an innate sense that when thinks look so good (for Q's) they are often not. I admit I have made dumb decisions before, and maybe this is another one. Thanks for helping me to be more cautious and limited with my dumb decisions.

[Echo]

Aire, I see the next 10wk low coming right in time for the Oct WWW, the week before expiration. Echo

[Echo]

One more thing. Depending on the offset you use, we could break above the 20wk SPX fld on the daily chart by Friday this week, early next week the latest unless there is some serious downside to the SPX cash. Echo