DEAD CAT
#1
Posted 15 August 2007 - 02:17 PM
#2
Posted 15 August 2007 - 02:19 PM
Weakest dead cat bounce I ever saw. We did make it to 1440 as expected then it simply died. Below 1415 this week, stick a fork in it.
Larry
isnt the march low the 'stick a fork in it' point?
#3
Posted 15 August 2007 - 02:38 PM
Weakest dead cat bounce I ever saw. We did make it to 1440 as expected then it simply died. Below 1415 this week, stick a fork in it.
Larry
isnt the march low the 'stick a fork in it' point?
Yeah, that is the stab it with a knife, 1415 was the fork. Bulls point of recognjition is the March low. Now, the March low is only 30 points or so above the 2006 May high which is where a normal 235 new moon and four year cycle would have topped. Below 1336 will be the panic.
Larry
#4
Posted 15 August 2007 - 02:42 PM
I, like you, am quite pissed off at missing the majority of this down move. So i am gonna go and whine about it to someone.
Weakest dead cat bounce I ever saw. We did make it to 1440 as expected then it simply died. Below 1415 this week, stick a fork in it.
Larry
isnt the march low the 'stick a fork in it' point?
Yeah, that is the stab it with a knife, 1415 was the fork. Bulls point of recognjition is the March low. Now, the March low is only 30 points or so above the 2006 May high which is where a normal 235 new moon and four year cycle would have topped. Below 1336 will be the panic.
Larry
#5
Posted 15 August 2007 - 02:58 PM
lol Larry, aint it tho. Well they still got 20 minutes to close above it, but its getting rather ugly out there. I suppose if stick a fork in it holds, then stab it with a knife is coming around the corner.
I, like you, am quite pissed off at missing the majority of this down move. So i am gonna go and whine about it to someone.
Weakest dead cat bounce I ever saw. We did make it to 1440 as expected then it simply died. Below 1415 this week, stick a fork in it.
Larry
isnt the march low the 'stick a fork in it' point?
Yeah, that is the stab it with a knife, 1415 was the fork. Bulls point of recognjition is the March low. Now, the March low is only 30 points or so above the 2006 May high which is where a normal 235 new moon and four year cycle would have topped. Below 1336 will be the panic.
Larry
What really kills me no end is I shorted the futures at 1558 and told myself, Larry you hold that short until September no matter what and I got cute and took profits. No problem I said, the August 20th up cycle high at 1500-1515 I short it again. aaaggghhhhh
Edited by LarryT, 15 August 2007 - 03:01 PM.
#6
Posted 15 August 2007 - 03:13 PM
Edited by beta, 15 August 2007 - 03:15 PM.
#7
Posted 15 August 2007 - 03:51 PM