your scenario matches up well with chris carolan’s dow solunar model which predicts a major peak happening on jan. 7th (friday). that same dow solunar model then shows a huge collapse to feb 13th and then a bounce to may 7th, whereupon we collapse again to june 7th…..it has predicted the movements of the dow accurately. this timing marries well with your thesis of a move to dow 8300. i am sure you are correct too that tptb will create events for the collapse – hello wikileaks
Well… just quickly looking at the charts, tomorrow should be “pause” day. Meaning a little up and a little down, but overall the market shouldn’t advance too much tomorrow. Could be down or up, but I’m not expecting much.
If they could trade this thing sideways until Friday, and then pop it up to our FP, I’d then believe that they plan for something to happen over the weekend, causes a really ugly Monday.
Thanks Steveo… I like JFK. I think he was trying to do the right thing… hence the reason he was kill. Supposedly, he was going to announce to the world that the government was working with “good aliens”, but didn’t get the chance to.
Tick is kind of all over the board. The blue line is a 21 day simple moving average.
Tick has broken down, although the market continues to levitate. Although I would take this as a bearish sign, and a sign of the manipulation, POMO and what not, of the markets.
I also generated a bunch of other moving averages, the 21 day does see to speak quite well, that is approximately a complete moon cycle if you believe in such things.
I think I might have been a tad too impatient waiting for Red’s fp 11,800—I shorted COG,XOM, holding my CSX and TGT puts—will add more at 11,800
your scenario matches up well with chris carolan’s dow solunar model which predicts a major peak happening on jan. 7th (friday). that same dow solunar model then shows a huge collapse to feb 13th and then a bounce to may 7th, whereupon we collapse again to june 7th…..it has predicted the movements of the dow accurately. this timing marries well with your thesis of a move to dow 8300. i am sure you are correct too that tptb will create events for the collapse – hello wikileaks
http://www.huffingtonpost.com/2011/01/03/bank-of-america-wikileaks_1_n_803503.html
Well… just quickly looking at the charts, tomorrow should be “pause” day. Meaning a little up and a little down, but overall the market shouldn’t advance too much tomorrow. Could be down or up, but I’m not expecting much.
If they could trade this thing sideways until Friday, and then pop it up to our FP, I’d then believe that they plan for something to happen over the weekend, causes a really ugly Monday.
i agree….the timing of this misprint does support a big drop after hitting the diamond FP…. i really do believe your FP thesis…..
Wow Richie! That’s a huge drop! That might be about equal to the Dow at 8300? Who knows?
red,
did you see the FP of the baltic dry index that zerohedge just highlighted (completely unaware that these are no misprints….they are planned…
http://www.zerohedge.com/article/presenting-baltic-fat-finger-index
Thanks Steveo… I like JFK. I think he was trying to do the right thing… hence the reason he was kill. Supposedly, he was going to announce to the world that the government was working with “good aliens”, but didn’t get the chance to.
Red you ought to read this from Kennedy
http://www.jfklibrary.org/Historical+Resources/Archives/Reference+Desk/Speeches/JFK/003POF03NewspaperPublishers04271961.htm
Tick is kind of all over the board. The blue line is a 21 day simple moving average.
Tick has broken down, although the market continues to levitate. Although I would take this as a bearish sign, and a sign of the manipulation, POMO and what not, of the markets.
I also generated a bunch of other moving averages, the 21 day does see to speak quite well, that is approximately a complete moon cycle if you believe in such things.
http://oahutrading.blogspot.com/2011/01/tick-and-moving-averages.html
I agree. That gap isn’t likely to be filled today… but it will at some point.