Just received a tweet from BAM Investor indicating additional crash window into Dec. 5th. Possible SPX 680. I find BAM better at the longer term perspective than short term. But we’ll see. Might tie together with the December 7th count down?
Back to 1/2 position after buying shorts at the 1223 level. Sold out at the 1215 level.
Will buy back full position once the resent lows are penetrated. More dip buyers coming in to buy here.
This almost looks like a 3 wave, with dip buyers coming into buy.
Looks like the Fed & ECB are now taking complete control of the equity markets and buying everything up. DAX did not get a fat red bar like it usually does. It’s a first. Looks like the big boys hardly have to do anything on OPX to keep this market levitated.
If we can get above 1238 level above the neck line I see, than we will mitigate any further damage to the down side. Until than, I will re short if we cross down to the 1223-1225 level. I am still holding 1/2 my shorts.
680…in 2 weeks? During low volume Thanksgiving trading days?
While I’m a bear, 680 so soon would imply a couple TBTF banks implode in two weeks.
If it does hit 680, I highly doubt I would even be able to get my funds out of the account
Here comes the Madman, buying those euros!
If we brake below 1209 1210 level. 1205 is the next level I see.
The first week of Dec was when I was planning on getting long. As for 680, No way we will reach those levels
Just received a tweet from BAM Investor indicating additional crash window into Dec. 5th. Possible SPX 680. I find BAM better at the longer term perspective than short term. But we’ll see. Might tie together with the December 7th count down?
Back to 1/2 position after buying shorts at the 1223 level. Sold out at the 1215 level.
Will buy back full position once the resent lows are penetrated. More dip buyers coming in to buy here.
This almost looks like a 3 wave, with dip buyers coming into buy.
Triangle on SPX is broken but on the RUT it’s still intact along with INDU.
Looks like the dip buyers from 1226 level got smacked good.
Looks like the Fed & ECB are now taking complete control of the equity markets and buying everything up. DAX did not get a fat red bar like it usually does. It’s a first. Looks like the big boys hardly have to do anything on OPX to keep this market levitated.
If we can get above 1238 level above the neck line I see, than we will mitigate any further damage to the down side. Until than, I will re short if we cross down to the 1223-1225 level. I am still holding 1/2 my shorts.