Look at a daily chart…..tomorrow would be same as 4/23/2010. Next Monday would gap a bit higher and thats FINAL high for your lifetime. I’m assuming your 50 ? lol
RED…please re-read my post. I expect rally to/near SPX 1320 by tomorrow for FINAL top. Then chop chop next week….the week begging FEB 21 should be SPX PANIC selling of up to 260 SPX points….
RED….my post stated that if we follow expected path, the PANIC selling begins not next week…but the following week with a sell-off as much as 260 SPX points.
That could happen… especially if the 60, 30, 15, and 5 minute chart all get oversold by the end of the day today. That would allow a rally tomorrow. I’m not sure it’s going to work out like that, but it’s possible none the less.
Look at a daily chart…..tomorrow would be same as 4/23/2010. Next Monday would gap a bit higher and thats FINAL high for your lifetime. I’m assuming your 50 ? lol
Yes…I did mean 2011…
RED…please re-read my post. I expect rally to/near SPX 1320 by tomorrow for FINAL top. Then chop chop next week….the week begging FEB 21 should be SPX PANIC selling of up to 260 SPX points….
I just wondered where you came up with the 260 though? Was you just basing that off the 106 FP?
ok – thought I was missing something – something really wierd! LOL
RED….my post stated that if we follow expected path, the PANIC selling begins not next week…but the following week with a sell-off as much as 260 SPX points.
He meant 04/22/2010 I believe Dee.
what’s 4/22/2101? I don’t get that part…
The VIX FP is now officially fulfilled! We just past 17.11 and hit 17.05, so that should be it for the rally (hopefully).
Yes, but where did you come up with 260?
That could happen… especially if the 60, 30, 15, and 5 minute chart all get oversold by the end of the day today. That would allow a rally tomorrow. I’m not sure it’s going to work out like that, but it’s possible none the less.