Exactly! A strong up move today and tomorrow would fool everyone, and all the bears would give up and throw in the towel. Double tops are more common anyway, when it comes to a turning point.
Yes, I’m very glad I did nothing. Who knows how much of a B wave down we will get? I could be very little, and then a really big C wave up tomorrow. Remember that 135.14 spy FP is still a possible target. While the odds are low, in this gangster controlled market… I wouldn’t put it past them.
I must say, quite the impressive graphic upon arrival.
BLOODY, arghhhh, run for the hilllllls.
futures up a bit, aren’t you glad you did nothing?
then again, sitting on hands is something.
🙂 http://oi53.tinypic.com/dptq8w.jpg
I don’t know for sure of course, but odds favor this week. Lot’s of turning points happen on the 26th of the month, as Gann states too. Cobra has posted many times that the 25th-27th produces lots of turn dates.
Plus, the charts (especially the weekly) are looking ready to rollover to the downside right now. While I’m sure they could stretch it out another few weeks, they don’t act like they want too?
Last Thursday was a sign that either POMO isn’t working anymore, or they aren’t using it to keep the market up because they want it to crash. Either way, odds are high for a crash this week.
135.14, Hmmmm – we would have to have a Mutual Fund rally correct?
I posted this Friday. it would be a V recovery then.
http://practicalt.blogspot.com/2011/02/emini-tuesday.html
Exactly! A strong up move today and tomorrow would fool everyone, and all the bears would give up and throw in the towel. Double tops are more common anyway, when it comes to a turning point.
like you said many days ago…
“they won’t let the bears on the ride down so easily”.
Yes, I’m very glad I did nothing. Who knows how much of a B wave down we will get? I could be very little, and then a really big C wave up tomorrow. Remember that 135.14 spy FP is still a possible target. While the odds are low, in this gangster controlled market… I wouldn’t put it past them.
I must say, quite the impressive graphic upon arrival.
BLOODY, arghhhh, run for the hilllllls.
futures up a bit, aren’t you glad you did nothing?
then again, sitting on hands is something.
🙂
http://oi53.tinypic.com/dptq8w.jpg
I’m watching Tuesday’s action carefully. If first day of March isn’t a blowout, it could be interesting…
I don’t know for sure of course, but odds favor this week. Lot’s of turning points happen on the 26th of the month, as Gann states too. Cobra has posted many times that the 25th-27th produces lots of turn dates.
Plus, the charts (especially the weekly) are looking ready to rollover to the downside right now. While I’m sure they could stretch it out another few weeks, they don’t act like they want too?
Last Thursday was a sign that either POMO isn’t working anymore, or they aren’t using it to keep the market up because they want it to crash. Either way, odds are high for a crash this week.
So this is the week huh?
New Post…
Not sure it will help, but it doesn’t hurt to try.