Red, here is the summary of my info collection from various Gann traders …Most have Jan 19th as a turnaround date (always give few days around the date)… few are saying, this year will be “V” likely with year bottom, late May, June to early July….bounce into Sep, maybe somewhat down into end of the year (but higher than mid year lows)…Some can’t believe they are saying we can see March 2009 lows this year, but that what they are seeing…So I think, given 5 waves down, we should see the worse by the end of March, early April…I’m long April –June puts, will add as move is confirmed…so Dow 8300 by end of March, early April…IMHO…thank for sharing you FPs, if we turnaround today or tomorrow, I’ll be a full convert…LOL
Gann trader are not perma bull or bears, but at this time, there isn’t a single bull, all are very bearish…
Red, here is the summary of my info collection from various Gann traders …Most have Jan 19th as a turnaround date (always give few days around the date)… few are saying, this year will be “V” likely with year bottom, late May, June to early July….bounce into Sep, maybe somewhat down into end of the year (but higher than mid year lows)…Some can’t believe they are saying we can see March 2009 lows this year, but that what they are seeing…So I think, given 5 waves down, we should see the worse by the end of March, early April…I’m long April –June puts, will add as move is confirmed…so Dow 8300 by end of March, early April…IMHO…thank for sharing you FPs, if we turnaround today or tomorrow, I’ll be a full convert…LOL
Gann trader are not perma bull or bears, but at this time, there isn’t a single bull, all are very bearish…
isnt this just sick! The dow.
I meant STOP – fat fingers
Well 118.22 and still going up….. SYOP please!
overshoot… 118.20
i just saw a 118.12 print…we are so close
Actually I googled it and it also has significant good meaning
http://wiki.answers.com/Q/What_is_the_significance_of_the_number_seven_in_the_Bible
Hay Red the new post is not up…
yeesh…. who knew….. why 118.13…. i thought the fp was 118.16??
It is a bad, bad number… i.e. the seven seals in Revelations. Most things associate with seven are not good… but here we go 118.13…