In 1987 and June 1930 the final spike before the collapse closed on the high of the day and in 1930 it closed near the gap open down of the equivalent of the June 28(?) big down day. I haven't rechecked the 1929 version. (If memory serves me well, it didn't close on the high of the day). The good news is that the following day, the market gave up all the previous day's gains and more. Bad news is it seems we're tracking those markets but over a longer time frame (ie what took 1 day then is taking 3 or 4 days now). My best cycle is due tomorrow but it usually has the turn occur the next day. July 8 will also be the anniversary of the stock market low last year and one month from the June 8 low. They were buying calls like crazy over at ISEE. last number I saw was at 246 which was one of the highest readings of the last few years and up there with the high readings in late March April this year.
You folks need to get off this fake print roller coaster. Those fake prints or spikes are known feed issues that have existed for ever. Quotetracker put in an adjustable filter a decade ago to take care of them.
Not yet Reza… and thanks for catching the other one. It might not play out for awhile though. Keep your eyes open, and I'll do the same. I'll inform you if I get something.
Could be? I'm not a EW expert, but that's possible I guess. The only thing I'm sure of, is that the 1070 print will eventually be hit. Will it be tomorrow… I don't know? If so, I expect it to sell back off once it's hit.
In 1987 and June 1930 the final spike before the collapse closed on the high of the day and in 1930 it closed near the gap open down of the equivalent of the June 28(?) big down day. I haven't rechecked the 1929 version. (If memory serves me well, it didn't close on the high of the day). The good news is that the following day, the market gave up all the previous day's gains and more. Bad news is it seems we're tracking those markets but over a longer time frame (ie what took 1 day then is taking 3 or 4 days now). My best cycle is due tomorrow but it usually has the turn occur the next day. July 8 will also be the anniversary of the stock market low last year and one month from the June 8 low. They were buying calls like crazy over at ISEE. last number I saw was at 246 which was one of the highest readings of the last few years and up there with the high readings in late March April this year.
Just trying to help. Go to their website and check it out for yourself.
MEDVED quotetracker.
Google it if you cant find it.
no comment.
You folks need to get off this fake print roller coaster. Those fake prints or spikes are known feed issues that have existed for ever. Quotetracker put in an adjustable filter a decade ago to take care of them.
Not yet Reza… and thanks for catching the other one. It might not play out for awhile though. Keep your eyes open, and I'll do the same. I'll inform you if I get something.
Could be? I'm not a EW expert, but that's possible I guess. The only thing I'm sure of, is that the 1070 print will eventually be hit. Will it be tomorrow… I don't know? If so, I expect it to sell back off once it's hit.
Any other fake prints
Could be that was A of 2 of 3
http://screencast.com/t/NTFjNzU5
We got Continuing Claims and Initial Claims tomorrow morning at 8:30 am… maybe that will slow down the bulls?
I think so.