this is freaky…but all other FPs are south from there (lower)…Right?
I would say this more a FP confirmation that anything else…that where we are heading real soon…
kind a scary actually, if true that market is this scripted…
Red, maybe you should give us passwords to the blog, before your blog goes viral, it would be no good , kind of like hin—burg omen last summer, when everyone was talking about it…
It appears you received your FP of SYP 106.46 at 3:15pm and then at 4:15pm that same day…well…106.46 EXACTLY –
I’m not sure why it didn’t register with me earlier. In your videos you kept on referring to SPY 106, but I was thinking you had another one. I’d be careful about using that FP. According to the TPTB, this one might be considered filled…
give those charts another look quick before the end of the day. I am seeing that there may be more selling before we get this big bounce. i am seeing the short term technicals reset enough so that more selling can take place… the 30 min… macd can turn back down…. anyway i went with my gut and put some shorts back in play….
Well, I’ve yet to see a FP be wrong. While we haven’t hit all the larger downside one’s yet, these smaller intraday print almost always hit within 1-2 days.
So, tomorrow they put some more manufactured good data, along with good earnings on the major companies reporting… and Bam, it’s up we go!
If you look at open interest on SPY puts and calls, there’s much more open interest on puts just below where we are right now vs. calls just a little higher. Makes me think they pin it higher tomorrow, and continue you the fall next week if the TOP is indeed in.
i put on a speculative long (i feel dirty) at 1271 and put in the sell order before i left to run some errands. i came back, and sell was executed (i feel clean again), and a nice little profit….. way cool! thanks for that spy FP – now lets all concentrate on that 1060 spx level, and the 8300 dow FP.
When you fall UP a mountain it is slow – when you fall DOWN that same mountain – well lets just say gravity is with you…. i think we will go there relatively quickly….
Nice round trip to the 20dma as I hoped for. More weakness to follow tomorrow………
this is freaky…but all other FPs are south from there (lower)…Right?
I would say this more a FP confirmation that anything else…that where we are heading real soon…
kind a scary actually, if true that market is this scripted…
Red, maybe you should give us passwords to the blog, before your blog goes viral, it would be no good , kind of like hin—burg omen last summer, when everyone was talking about it…
I meant SPY, not SYP in the above. When I saw this back in October and then an hour later a flash crash to this level, it was a big tipping point in me being a beliver in FP’s. http://reddragonleo.com/wp-content/uploads/2010/10/spy-fp-106-46-on-10-18-2010.jpg
I meant SPY, not SYP in the above. When I saw this back in October and then an hour later a flash crash to this level, it was a big tipping point in me being a beliver in FP’s. http://reddragonleo.com/wp-content/uploads/2010/10/spy-fp-106-46-on-10-18-2010.jpg
Red, on my earlier comment. Check this link from ZH out: http://www.zerohedge.com/article/spy-flash-crashes-nyse-cancels-500-million-worth-trades
It appears you received your FP of SYP 106.46 at 3:15pm and then at 4:15pm that same day…well…106.46 EXACTLY –
I’m not sure why it didn’t register with me earlier. In your videos you kept on referring to SPY 106, but I was thinking you had another one. I’d be careful about using that FP. According to the TPTB, this one might be considered filled…
red,
give those charts another look quick before the end of the day. I am seeing that there may be more selling before we get this big bounce. i am seeing the short term technicals reset enough so that more selling can take place… the 30 min… macd can turn back down…. anyway i went with my gut and put some shorts back in play….
Well, I’ve yet to see a FP be wrong. While we haven’t hit all the larger downside one’s yet, these smaller intraday print almost always hit within 1-2 days.
So, tomorrow they put some more manufactured good data, along with good earnings on the major companies reporting… and Bam, it’s up we go!
If you look at open interest on SPY puts and calls, there’s much more open interest on puts just below where we are right now vs. calls just a little higher. Makes me think they pin it higher tomorrow, and continue you the fall next week if the TOP is indeed in.
Wow red,
i put on a speculative long (i feel dirty) at 1271 and put in the sell order before i left to run some errands. i came back, and sell was executed (i feel clean again), and a nice little profit….. way cool! thanks for that spy FP – now lets all concentrate on that 1060 spx level, and the 8300 dow FP.
When you fall UP a mountain it is slow – when you fall DOWN that same mountain – well lets just say gravity is with you…. i think we will go there relatively quickly….
You mean… “What obvious manipulation” LOL