Yesterday, I had a few signals predicting today might be a huge rally day. For Friday's action, I don't have a clue! Either it's gap up. or down a smidge. or both. VIX over 25, says Volatility rules each day.
by the way 1089.blah blah (decimal) is the 20dma for the Bollinger Bands
the latest fro Atilla …….drum roll……..millions (i hope not, were supposed to be a small exlusive enlightened club)
Thursday, June 10, 2010 The ending will be worse as they delay I can not describe how messed up the market will look when this is over.
This delay only broadens the overall pattern which will extend the sell off and the magnitude of the eventual selling climax. In other words, the market is spending more time in the lower range, congesting, accumulating more selling power.
Todays gap up has invalidated Flux signal, we had to gap down instead. This is an extremely rare situation which is another sign for what we are going to see in near future. I expect another signal in a week or so.
After todays rally, it appears to be SPX=920-940 area should be the first low, followed by a rally to 1050 that should lead to the second low around SPX=870.
I am short from 1210, and pyramided up at 1160 and 1100 areas.
Too many “blue pill” takers to believe the real truth about what we really are. They won't believe anything on that website, although much of it is true. They are still trapped in the matrix unfortunately.
Painful day for bears… that's for sure. I think we could tag the 1093.56 EMA level on the SPX, before we tank… which will likely be put off until next week. So, you might get your 122 NFLX level tagged tomorrow… if you're lucky.
Red, I shorted NFLX, 118.7. I can't figure out my stop, because I want to short some more at 122. ( 122.26 is a 3% stop) So, accumulating puts. Retail numbers FRI, NFLX Tank, possible.
Red, I know the gulf has us all concerned. Sorcha Faal hits it on the mark sometimes and her remarks are consistent with some other blogs I have read. Of, course everything on the internet is true! lol http://www.whatdoesitmean.com/index1379.htm
it seems like that he lost the signal for this big quick dive , but still feels that we are going to see some weakness in the coming days
SP 500 Anaylis after closing bell
http://niftychartsandpatterns.blogspot.com/2010…
Attila say “another signal in a week or so” Maybe that means that my option put for opx june is blown out. oh well.
Presevento was wrong, Atillas signal was wrong, Bam is wrong and most everyone we listen to……….
Yesterday, I had a few signals predicting today might be a huge rally day. For Friday's action, I don't have a clue!
Either it's gap up. or down a smidge. or both. VIX over 25, says Volatility rules each day.
by the way 1089.blah blah (decimal) is the 20dma for the Bollinger Bands
the latest fro Atilla …….drum roll……..millions (i hope not, were supposed to be a small exlusive enlightened club)
Thursday, June 10, 2010
The ending will be worse as they delay
I can not describe how messed up the market will look when this is over.
This delay only broadens the overall pattern which will extend the sell off and the magnitude of the eventual selling climax. In other words, the market is spending more time in the lower range, congesting, accumulating more selling power.
Todays gap up has invalidated Flux signal, we had to gap down instead. This is an extremely rare situation which is another sign for what we are going to see in near future. I expect another signal in a week or so.
After todays rally, it appears to be SPX=920-940 area should be the first low, followed by a rally to 1050 that should lead to the second low around SPX=870.
I am short from 1210, and pyramided up at 1160 and 1100 areas.
The best is yet to come.
Pzy5t0,
Too many “blue pill” takers to believe the real truth about what we really are. They won't believe anything on that website, although much of it is true. They are still trapped in the matrix unfortunately.
These are great charts Diablos…perfect for evaluating risks. Thanks for posting!
Hey Z…
Painful day for bears… that's for sure. I think we could tag the 1093.56 EMA level on the SPX, before we tank… which will likely be put off until next week. So, you might get your 122 NFLX level tagged tomorrow… if you're lucky.
Red,
I shorted NFLX, 118.7. I can't figure out my stop, because I want to short some more at 122. ( 122.26 is a 3% stop) So, accumulating puts. Retail numbers FRI, NFLX Tank, possible.
Red, I know the gulf has us all concerned. Sorcha Faal hits it on the mark sometimes and her remarks are consistent with some other blogs I have read. Of, course everything on the internet is true! lol
http://www.whatdoesitmean.com/index1379.htm