RDL, here is what Alpha just said today:
“Here’s a potential new count that I’m watching very closely, that hasn’t
appeared anywhere else. The correction could be on its last leg and
wave [C] down to below 1000 could begin soon:”
What does Alphahorn say right now Lulala? Is he bearish for next week like I am, and expecting a crash? He was the one who caught the FP on the Flash Crash the night before it happened. Tell him to keep his eyes open for more print this coming week, as they will likely tell their buddies where the low is again. (Of course, please tell me if he sees something)
If they close at the highs today, the odd’s are very low of them gapping down and crashing on Monday. There is high odds of them opening and then making a slightly higher high, then closing the day flat with a doji.
I will play the odds and wait until Monday to get short. I don’t want the time decay over the weekend on options bought today. Of course if you are buying ETF’s then you don’t have too worry about that decay, and get some shorts today. Just be prepared for a final push higher (slightly) before falling.
I know Acped … the bs opx shenanigans and Apple down come on I hate these thugs!
That would also complete the messy M-A pattern.
Thanks…
I also believe we will breakdown slightly pass the 1,000 spx level.
RDL, here is what Alpha just said today:
“Here’s a potential new count that I’m watching very closely, that hasn’t
appeared anywhere else. The correction could be on its last leg and
wave [C] down to below 1000 could begin soon:”
and his bull/bear long term signal trigger the bear signal in August, he locked that article already, but here is a google cache link to that article
http://webcache.googleusercontent.com/search?q=cache:gkjxGPmb_bgJ:alphahorn.wordpress.com/2011/08/14/alphahorn-bull-marketbear-market-proprietary-indicator/+alphahorn+Bull+Market/Bear+Market+Indicator&cd=3&hl=en&ct=clnk&gl=us&client=firefox-a
What does Alphahorn say right now Lulala? Is he bearish for next week like I am, and expecting a crash? He was the one who caught the FP on the Flash Crash the night before it happened. Tell him to keep his eyes open for more print this coming week, as they will likely tell their buddies where the low is again. (Of course, please tell me if he sees something)
If they close at the highs today, the odd’s are very low of them gapping down and crashing on Monday. There is high odds of them opening and then making a slightly higher high, then closing the day flat with a doji.
I will play the odds and wait until Monday to get short. I don’t want the time decay over the weekend on options bought today. Of course if you are buying ETF’s then you don’t have too worry about that decay, and get some shorts today. Just be prepared for a final push higher (slightly) before falling.
he is usually very good!
http://alphahorn.wordpress.com/big-picture-count/
We got it, new highs on the dow. Sp 500 lagging. Should be a interesting close.
You will likely get it into the close today, and you’ll also likely get your 11,877 on Monday.
Only 17 dow points more to make new highs for the day