Massive sucking sound - liquidity out
Started by
Tor
, Aug 09 2007 08:09 AM
2 replies to this topic
#1
Posted 09 August 2007 - 08:09 AM
I mentioned a few days ago that the market likely to top around current level, and I have shorted in globex (see below).
The position has moved nicely and swiftly into profit.
I hope this market will see a big crash now, being a steep decline, to my 1380 target hopefuly, but of course uno steppo at a time.
liquidity is being sucked out of this market big time. the dollar may rally a lot here, so that could be a trade.
GOLD DOWN BIG, STOCKS TO FALL.
Trade safely ladies.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Posted 09 August 2007 - 08:24 AM
I have 1347 SPX and QQQQ 45.55 as my possible targets if we break 1411 SPX. 25 year cycle low due 8/9 and 48-56 day low due no later than 8/14. Gann 8 day cycle low due Monday 8/13 +/- 2 days. 3 week cycle top due this week. Watch out below as bearish irregular flat on SPX ominous! 'c' of "z" is like third of third in Elliott. New moon reversal due Monday.
#3
Posted 09 August 2007 - 09:35 AM
I mentioned a few days ago that the market likely to top around current level, and I have shorted in globex (see below).
The position has moved nicely and swiftly into profit.
I hope this market will see a big crash now, being a steep decline, to my 1380 target hopefuly, but of course uno steppo at a time.
liquidity is being sucked out of this market big time. the dollar may rally a lot here, so that could be a trade.
GOLD DOWN BIG, STOCKS TO FALL.
Trade safely ladies.
Market prcing in 100% chance of rate for Sept. - they will reliquify until we die !
OTIS.