A legend has passed…in other news, in 100% cash right now, want to see what will happen as a result of tomorrow’s Fed SALE of treasuries. $8-9 billion. The next purchase is the day after, of $1.5-2 billion. It will be interesting to see if the market sucks wind from the loss of liquidity……
Thanks, red. The link works. I still can not find the photo button on the wibiya toolbar. I use Chrome as brower. It was there before and that is how I got to those FPs before. I guess it is lost during the upgrade? Anyway, I will use the link from now on, thanks again.
All of the old FP’s (bigger one’s) are on the wibiya toolbar below, under the “photos” button. Basically, that is my Flickr account. If you want to go directly to it you can just type in: http://www.flickr.com/reddragonleo
However, I don’t upload every FP I get there as that’s a lot of work. It’s mainly all the larger FP’s, but not the day to day “intraday” FP’s that I get.
red, you have a page to display all the FP screenshots, but I can not find the link. Can you let me know how to navigate to that page? I remembered that I could go to that page from the tool bar before, but can not do it now.
Well, I’m not sure if there is going to be a dip down tomorrow or not, but “if” there is, it would only be to lure in a few more bears for the final squeeze higher to 116.05 spy. After that, I think we’ll resume the selling back down in the 5th wave (from the 1220 spx top on 09-20) on Friday’s bad NFP numbers.
Then that should continue into Monday and Tuesday of next week, with Tuesday being the really ugly “possible capitulation day” because it’s an “Eleven Day”. The 12th is a Full Moon day and bottoms usually happen around that period. Then we rally into the 23rd-26th period as the 26th is a New Moon (which usually forms tops), and the 23rd is the end of the Legatus meeting… which is of course a very important turn date.
Plus we have the Mayan calendar ending on Friday the 28th, 2011… so that entire week should be very interesting to say the least!
Glad to help. We have a “possible” opening low tomorrow of 113.21 spy, and then a move back up toward my finally target of 116.05 spy. Don’t know for sure on that one, but we’ll know more tomorrow morning. I think Friday is going to be ugly!
Here is the the schedule for Fed sales & purchases thru EOM:
http://www.newyorkfed.org/markets/tot_operation_schedule.html
A legend has passed…in other news, in 100% cash right now, want to see what will happen as a result of tomorrow’s Fed SALE of treasuries. $8-9 billion. The next purchase is the day after, of $1.5-2 billion. It will be interesting to see if the market sucks wind from the loss of liquidity……
Thanks, red. The link works. I still can not find the photo button on the wibiya toolbar. I use Chrome as brower. It was there before and that is how I got to those FPs before. I guess it is lost during the upgrade? Anyway, I will use the link from now on, thanks again.
All of the old FP’s (bigger one’s) are on the wibiya toolbar below, under the “photos” button. Basically, that is my Flickr account. If you want to go directly to it you can just type in: http://www.flickr.com/reddragonleo
However, I don’t upload every FP I get there as that’s a lot of work. It’s mainly all the larger FP’s, but not the day to day “intraday” FP’s that I get.
I was going to ask the same question.
red, you have a page to display all the FP screenshots, but I can not find the link. Can you let me know how to navigate to that page? I remembered that I could go to that page from the tool bar before, but can not do it now.
Well, I’m not sure if there is going to be a dip down tomorrow or not, but “if” there is, it would only be to lure in a few more bears for the final squeeze higher to 116.05 spy. After that, I think we’ll resume the selling back down in the 5th wave (from the 1220 spx top on 09-20) on Friday’s bad NFP numbers.
Then that should continue into Monday and Tuesday of next week, with Tuesday being the really ugly “possible capitulation day” because it’s an “Eleven Day”. The 12th is a Full Moon day and bottoms usually happen around that period. Then we rally into the 23rd-26th period as the 26th is a New Moon (which usually forms tops), and the 23rd is the end of the Legatus meeting… which is of course a very important turn date.
Plus we have the Mayan calendar ending on Friday the 28th, 2011… so that entire week should be very interesting to say the least!
I have some shorts close to the 4:00 period. 1/4 position
Glad to help. We have a “possible” opening low tomorrow of 113.21 spy, and then a move back up toward my finally target of 116.05 spy. Don’t know for sure on that one, but we’ll know more tomorrow morning. I think Friday is going to be ugly!
Thanks Red for the info, a very good day trading.