My brains' fried right now, so I'll have to read that later. Does anything pertain to the market direction on that site? If so, can you summarize it for me.
Hi Red, Just got home from a busy work day and see I did not miss much! lol Anyways, I thought it weird Sorcha Faal mentioned Ralph Nelson Elliott http://www.whatdoesitmean.com/cosmiccross.htm FWIW
As much as I like to be bearish, this is a key reversal day, we will likely not take out 1010 anytime soon. Your thought earlier in the week of a “wave C down” are not going to happen. It hard to look at the tape, we were wrong==this market is not going down..
Yeah, but that was based on charts. It was the area that the falling trendline would come in at, should the market rally back up. In this case, that FP of 109.79 spy probably holds more weight… and could be the target tomorrow? (That's assuming it's real, and not just a late fill or something?)
Could we go there tomorrow? I don't know, but anything is possible. I don't really see how, as Wells Fargo and Morgan Stanley report tomorrow morning (8am). So they would have too do a really good job of lying to get that high.
My brains' fried right now, so I'll have to read that later. Does anything pertain to the market direction on that site? If so, can you summarize it for me.
Hi Red, Just got home from a busy work day and see I did not miss much! lol
Anyways, I thought it weird Sorcha Faal mentioned Ralph Nelson Elliott
http://www.whatdoesitmean.com/cosmiccross.htm
FWIW
YGM.
looks like a reversal day for aapl too, it couldnt take it down but watch it take it up
As much as I like to be bearish, this is a key reversal day, we will likely not take out 1010 anytime soon. Your thought earlier in the week of a “wave C down” are not going to happen. It hard to look at the tape, we were wrong==this market is not going down..
Yeah, but that was based on charts. It was the area that the falling trendline would come in at, should the market rally back up. In this case, that FP of 109.79 spy probably holds more weight… and could be the target tomorrow? (That's assuming it's real, and not just a late fill or something?)
Well, you got your 1080s!
From looking at the VIX chart, we could have another UP day tomorrow?
thanks…dont know enough about options to play safe…just got some shares at 108…
Remember this from Friday?
http://reddragonleo.com/wp-content/uploads/2010…
Could we go there tomorrow? I don't know, but anything is possible. I don't really see how, as Wells Fargo and Morgan Stanley report tomorrow morning (8am). So they would have too do a really good job of lying to get that high.