Ok, that 115.08 FP could be a “late fill” as I see it showed up 3 more times after the close yesterday. So, I’m not giving it too much credibility. It could still hit, or the bottom could be in right now? The short term charts look bottomed right now…
When hitting a FP there is NO guarantee that it will stop there and reverse or continue higher. You have to figure that out by reading the charts. We only know that the FP will be hit.
We hit our downside FP, and pierced through it a little… just like the upside FP of 117.50 from yesterday. Now let’s see if it turns around or continues down? I think it will rally from here.
Hmmm… I wonder if that expiration date falls on 11-11-11? Wouldn’t that be funny? Now, if I recall… Lindsey Williams said that once the Euro Collapse, we have less then 2 weeks to “get out of all paper”. Whether or not he is a “dis-information” person or not, is debatable. I do think he is being used by the gangsters to tell the public what they want them to here.
But, I don’t think Lindsey is “one of them”. What he says has been right in the past, I think it will be right this time too. However, I see the Euro collapsing just after the Legatus Pilgrimage ends on October 23rd, and the selling starting then. Add 2 weeks and you then will be going into that 11-11-11 period followed by the December 7th date (where I have the FP on Wilshire showing a 4,000 point drop). I’d say this is all lining up for a nasty Fall this Fall… LOL (pun on words)
ES Triangle updated: http://niftychartsandpatterns.blogspot.com/2011/09/triangle-of-es.html
Ok, that 115.08 FP could be a “late fill” as I see it showed up 3 more times after the close yesterday. So, I’m not giving it too much credibility. It could still hit, or the bottom could be in right now? The short term charts look bottomed right now…
New FP of 115.08…
When hitting a FP there is NO guarantee that it will stop there and reverse or continue higher. You have to figure that out by reading the charts. We only know that the FP will be hit.
We hit our downside FP, and pierced through it a little… just like the upside FP of 117.50 from yesterday. Now let’s see if it turns around or continues down? I think it will rally from here.
Really, cause I didn’t short the market at 117.45 like I wanted to, the ole calibrator prevented me from doing so. Hope its right.
We have a 116.37 spy FP right now, which I think is the pullback target. Then we turn back up and rally the rest of the day would be my best guess.
Six Weeks to Save the EURO…
http://www.dailymail.co.uk/news/article-2041201/George-Osbornes-eurozone-crisis-warning-6-weeks-save-euro.html#ixzz1Ysp8pT2F
Hmmm… I wonder if that expiration date falls on 11-11-11? Wouldn’t that be funny? Now, if I recall… Lindsey Williams said that once the Euro Collapse, we have less then 2 weeks to “get out of all paper”. Whether or not he is a “dis-information” person or not, is debatable. I do think he is being used by the gangsters to tell the public what they want them to here.
But, I don’t think Lindsey is “one of them”. What he says has been right in the past, I think it will be right this time too. However, I see the Euro collapsing just after the Legatus Pilgrimage ends on October 23rd, and the selling starting then. Add 2 weeks and you then will be going into that 11-11-11 period followed by the December 7th date (where I have the FP on Wilshire showing a 4,000 point drop). I’d say this is all lining up for a nasty Fall this Fall… LOL (pun on words)
Sold my FAS, quite happy with it.
We hit it… LOL It was most likely the opening target. It could reverse now, but I doubt it. The short term charts could rally this thing all day long.
U saw a fp yesterday at 117.50 on the SPY? we are almost there red.