“The Whole World is Watching” Marines Heading To Wall Street To Protect Protester, as JP Morgan Gangsters make a $4.6 Million Dollar Bribe (err… donation) to the NYPD!
Looks like we are going up for wave 4 now, and could last for 1-2 days. I spotted a 110.00 spy FP at 8:00 am this morning. If this is an ABC move up for this wave 4, then that level could be the A wave high? We should then go down for B wave today, and back up for C wave tomorrow. Then that 116.05 FP could be the high for the C wave, ending the 4th wave up.
I hope not Jed, as I had bull markets. I really don’t want to wait 2-3 months for wave 2 up to finish before going short heavily again. We need it to crash this October and November to fool everyone. Tell Santa to take a vacation this year as we don’t need his rally this time. LOL
We should be getting close to a short term bottom Chic. Today could be that day? Looking at the charts right now I do see the possibility that we could start to turn back up as early as tomorrow.
We hit (and pierced) the 1077 ES level that was hit several weeks back in the afterhours session. This, and the charts, indicate that we are getting close to bottom. Maybe 1050? Hard to pick the bottom exactly, but we are close…
Well, we finally hit the 1077 ES afterhours low from weeks back. Whether this is the temporary low or not is unknown, but in order for my alternate EW count to play out we need to bottom some time this week. This would allow a 2 week rally into the Legatus meeting. Of course if we go below 965 spx this week, then the alternate EW count is totally wrong and we will likely rally for several months then.
“The Whole World is Watching” Marines Heading To Wall Street To Protect Protester, as JP Morgan Gangsters make a $4.6 Million Dollar Bribe (err… donation) to the NYPD!
http://mycatbirdseat.com/2011/10/semper-fi-marines-heading-to-wall-street-to-protect-protesters/
Just narrowly missed a trade on TZA.
Looks like we are going up for wave 4 now, and could last for 1-2 days. I spotted a 110.00 spy FP at 8:00 am this morning. If this is an ABC move up for this wave 4, then that level could be the A wave high? We should then go down for B wave today, and back up for C wave tomorrow. Then that 116.05 FP could be the high for the C wave, ending the 4th wave up.
Google Testing weekly support line: http://niftychartsandpatterns.blogspot.com/2011/10/google-testing-weekly-support-line.html
I hope not Jed, as I had bull markets. I really don’t want to wait 2-3 months for wave 2 up to finish before going short heavily again. We need it to crash this October and November to fool everyone. Tell Santa to take a vacation this year as we don’t need his rally this time. LOL
We should be getting close to a short term bottom Chic. Today could be that day? Looking at the charts right now I do see the possibility that we could start to turn back up as early as tomorrow.
We hit (and pierced) the 1077 ES level that was hit several weeks back in the afterhours session. This, and the charts, indicate that we are getting close to bottom. Maybe 1050? Hard to pick the bottom exactly, but we are close…
Very cool… love to meet Arthur.
As for you penny stocks, I’d try again after we bottom in the market and have a multi-month rally.
Hi Peter,
Glad to see you stop by and post on the blog. Love reading your emails by the way… 🙂
Good Morning gang…
Well, we finally hit the 1077 ES afterhours low from weeks back. Whether this is the temporary low or not is unknown, but in order for my alternate EW count to play out we need to bottom some time this week. This would allow a 2 week rally into the Legatus meeting. Of course if we go below 965 spx this week, then the alternate EW count is totally wrong and we will likely rally for several months then.
Microsoft Weekly triangle: http://niftychartsandpatterns.blogspot.com/2011/10/microsoft-triangle-pattern.html