Not that any one person is always correct, but Atilla has been calling for the OEX to peak at 525 before any real selling. Well today it’s at 514 and climbing.
Again, that FP of 114.18 spy will likely line up perfectly with a 525 OEX level. I don’t know Atilla personally, but he has called the market successfully many times in the past, and got wealthy from it. So you have too give him credit for calling this one if it hits it and drops.
red, i think these guys now looking for something more. may be now they look for india which is perfect for them to manipulate…..& much volatile conditions & people lack of knowledge about share market…….
if market crack down very hard between the last hour i will take it as a sell signal in u.s & then offcours all over the world.
Sorry Pramod, I already posted this everywhere, this morning. http://zstock7.com/wp-content/uploads/2010/09/decline.png Now I’m very suspicious about a downturn. Nov. elections and OCT earnings, should get a market run up. Dow 11,800. That’s why next week better be down, so I can throw out Dow 11,800 again.
I’m looking for a peak either when Obama speaks at noon Monday, or right before the FOMC meeting on Tuesday… and then a sell off to start.
Monday should be bullish in the morning, and depending on what Obama says, will determine whether the selling starts after he speaks or wait until after Bernanke speaks.
It could happen on Monday or wait till Tuesday? I don’t know which, but if it tags that FP of 114.18 spy on Monday, around the time Obama is speaking, then I think that’s the high before a sell off.
I’ll be looking for that print to occur on either Monday or Tuesday, and then the selling to start. Which day? I don’t know… but what Obama or Bernanke says is likely to be the start of the selling.
is today an “extreme buying day”? pl check the adwances against declinces is it 4:1?
Well, it’s official… we left the recession in October 2009.
http://www.latimes.com/business/la-fi-recession-20100920,0,4014811.story
We are now free to “double dip” 🙂
Not that any one person is always correct, but Atilla has been calling for the OEX to peak at 525 before any real selling. Well today it’s at 514 and climbing.
Again, that FP of 114.18 spy will likely line up perfectly with a 525 OEX level. I don’t know Atilla personally, but he has called the market successfully many times in the past, and got wealthy from it. So you have too give him credit for calling this one if it hits it and drops.
Here’s an interesting video posted on HOB by Jestex…
http://www.youtube.com/watch?v=Jc6xUj7ujYg
Match the 114.18 spy FP level up with the DOW… about what level is it there?
Dow Jones futures before opening bell
red, i think these guys now looking for something more. may be now they look for india which is perfect for them to manipulate…..& much volatile conditions & people lack of knowledge about share market…….
if market crack down very hard between the last hour i will take it as a sell signal in u.s & then offcours all over the world.
I’m surprised how many are still bullish. Just watched Jeff Kohlers weekly video and he’s predicting a breakout on the upside as well, go figure
Sorry Pramod,
I already posted this everywhere, this morning.
http://zstock7.com/wp-content/uploads/2010/09/decline.png
Now I’m very suspicious about a downturn. Nov. elections and OCT earnings, should get a market run up. Dow 11,800. That’s why next week better be down, so I can throw out Dow 11,800 again.
I’m looking for a peak either when Obama speaks at noon Monday, or right before the FOMC meeting on Tuesday… and then a sell off to start.
Monday should be bullish in the morning, and depending on what Obama says, will determine whether the selling starts after he speaks or wait until after Bernanke speaks.
It could happen on Monday or wait till Tuesday? I don’t know which, but if it tags that FP of 114.18 spy on Monday, around the time Obama is speaking, then I think that’s the high before a sell off.
I’ll be looking for that print to occur on either Monday or Tuesday, and then the selling to start. Which day? I don’t know… but what Obama or Bernanke says is likely to be the start of the selling.