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The perfect plan


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#1 eminimee

eminimee

    I don't care who's fur is flying...

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Posted 05 November 2007 - 10:44 AM

if we kissed the area where the 8,34 and 68 emas come together...I figure 1515ish...then a drop into 1466/75 area. I'm not sure if XBD would be able to hold 213 though if that were the case....if it did....it would be a very positive sign.....But keep in mind...we may have a signifcant bottom in place...if the 8ema gets back on top of the 34ema...it's a bullish kiss. If 1450 or OEX 670 can't hold a down draft...we could be testing Aug lows....but I expect 1466 at worst if we get there. Presently I'm playing the move to 1515 and we'll see.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=1&mn=11&dy=13&i=p55271525339&a=79053340&r=4037.png

Edited by Teaparty, 05 November 2007 - 10:47 AM.