Red

User banner image
User avatar
  • Red

User Comments

One thing I forgot to mention. On Sautrday, I saw Yahoo list stock prices as the number 2 trending item on Yahoo. The stock market was a top trending item on Yahoo back at the August bottom but not at number 2 which gave me pause. Just another sign of overexuberance currently in the markets. It also told me there probably wouldn’t be a scary gapdown on Monday because they would want to levitate the markets enough to get the latecomers into the party.

That news pisses me off since they always ramp the markets when he goes on CNBC but he came on during market hours after the high of the day. I don’t know why they put him on because they generally ignore him until bear market bottoms. Most bears have already been roasted anyway. There might be something ritualistic in there so I think it’s an important video to study. I’ve already noticed a few things after just watching a few minutes.

That was quite a sharp drop/freefall into the close. They got it to 1149 SP, a key number I have been contemplating since it is 27 numbers added to the magic number 1122 /Gann Square corner number and we got there on Sept 27 (999 with an extra 9 thrown in).
Interesting that the futures got to 1149 on the Sunday globex session in the first hour and then has sold off since then and helps to validate my “Catalyst” induced premonition for 9-26 to 9-31 (the time it played on my radio. On Friday, the Dow rallied 197.84 pts, an anagram for 1987(4). Today at its high it hit 10870 or 10-87. There were 111s in all of the SP numbers today. SP had a decimal .67 in the close on Friday, 67tds from the summer solstice high, a td cycle that has been prevalent since March 2009.
——–Today’s breadth was negative and it looks like McOscillator will go slightly negative. Will it bounce again above the 0 line tomorrow? Its doubtful considering the close, 67 td cycle and another esoteric indicator and the similarity to this top to the ones in April and January. Transports put in a doji top.
Another thing going for the bears was it was a Monday that opened with a few meger takeover announcements and the market dropped from the get go including the Nasdaq which generally has been impossible to submerge even on down days for the other indices.
The Cramer Code featured a 4-1929 number almost reverse of Friday’s Dow upnumber. Was the 4 then a reference to 4 months in the future while Friday’s a reference to 4 days in the future? Cramer specifically points to 9.30 in the ticker tape and the number on the otherside of the arrow also translated to 9-30.

Right… duh! I forgot what today was. I seen that it was on September the 30th, but for some reason I thought that was tomorrow? Time goes by too quick, and you lose track of the days sometimes I guess…

GDP is on thursday

Just some profit taking in front of the GDP numbers out tomorrow morning at 8:30 am I believe. As long as they have that free money, it’s likely to stick (the selling I mean).

Some folks must know something,selling is picking up now.

It might continue for a few more days too Mike, as if no one is selling and they have more free money… the market won’t sell off yet.

I thought you were posting another FP, but you are just pointing out how high it’s ran up… right? That’s not the only stock that’s going to make someone a boat load. If those FP’s on JPM and GS play out, those could make you wealthy too!