trying to “pinpoint” a crash is nearly impossible. It appears you can only project a window of time, hence the facility of options. I admit I am not good at it. I think this “crash thing” will work by a few days before opx, maybe tomorrow friday.
attilla yest said break well below 1000 s&p
Mole at Evil Spec. sees three scenerios. the bearist is soylent blue BUT “On the Soylent Blue side we pained one long ass a-b-c which looks better on the Dow IMNSHO. But today’s drop has increased its chances and we will also keep in as a top contender until 1077.74 (not a penny less) has been breached.”
so if we go above 1077.74 soylent blue is out. We now are at 1073. Feel like throwing up. Should have sold on the good claims #, doesn't look good for soylent blue
I totally understand. This is getting very tiresome, and it's wear me out too. These wild swings are meant to do just that… get every bull and bear out of the market.
We should have already tanked by now, and this delay is killing my position. Of course that's what they want too do. It's looking more and more like they are going to hold it up this week now.
I don't know about the right shoulder being developed or not? Seems too obvious too me. But maybe there are too many bears in the market right now, and that's what is causing the delay?
I still see a lot of bulls out there too, it's just that the sites I visit are bearish… but many others are bullish. Many think that we will go higher to make that right shoulder now, because we held the 1040 support level.
However, we did not make a lower low… only a higher low, as we stopped short of the previous low by a couple of dollar. There must be a lower low, as I've never seen a rally last on negative divergences.
Go look at Cobra's post from last night. Money is still leaving the market, and we still don't have a positive divergence yet.
It is. i notice Ron Walker is still calling for a right shoulder and is placing a lot on the MACD positive divergence.
I have a hard time with all the other indicators not supporting the MACD positive at this time. Could be just the timing as usual.
I think we go sideways for a while and then rally through OPEX. Not sure if i will hold my shorts. my proces are awfully good and I hate chasing down if it continues.
So, every day for the past week, we have reached the low in overnight futures at some point. Last's night's low was 1052.20 (just like yesterday). So it looks like another day of the same, perhaps. I will be anxious to see what happens when we get the VIX gap fill at 29.70. I may switch my june puts for july puts.
trying to “pinpoint” a crash is nearly impossible. It appears you can only project a window of time, hence the facility of options. I admit I am not good at it. I think this “crash thing” will work by a few days before opx, maybe tomorrow friday.
attilla yest said break well below 1000 s&p
Mole at Evil Spec. sees three scenerios. the bearist is soylent blue BUT
“On the Soylent Blue side we pained one long ass a-b-c which looks better on the Dow IMNSHO. But today’s drop has increased its chances and we will also keep in as a top contender until 1077.74 (not a penny less) has been breached.”
so if we go above 1077.74 soylent blue is out. We now are at 1073. Feel like throwing up. Should have sold on the good claims #, doesn't look good for soylent blue
I believe this suckers rally but boy I wish i was one of those suckers!
Yes Jim,
I totally understand. This is getting very tiresome, and it's wear me out too. These wild swings are meant to do just that… get every bull and bear out of the market.
We should have already tanked by now, and this delay is killing my position. Of course that's what they want too do. It's looking more and more like they are going to hold it up this week now.
I don't know about the right shoulder being developed or not? Seems too obvious too me. But maybe there are too many bears in the market right now, and that's what is causing the delay?
I still see a lot of bulls out there too, it's just that the sites I visit are bearish… but many others are bullish. Many think that we will go higher to make that right shoulder now, because we held the 1040 support level.
However, we did not make a lower low… only a higher low, as we stopped short of the previous low by a couple of dollar. There must be a lower low, as I've never seen a rally last on negative divergences.
Go look at Cobra's post from last night. Money is still leaving the market, and we still don't have a positive divergence yet.
It is. i notice Ron Walker is still calling for a right shoulder and is placing a lot on the MACD positive divergence.
I have a hard time with all the other indicators not supporting the MACD positive at this time. Could be just the timing as usual.
I think we go sideways for a while and then rally through OPEX. Not sure if i will hold my shorts. my proces are awfully good and I hate chasing down if it continues.
So, every day for the past week, we have reached the low in overnight futures at some point. Last's night's low was 1052.20 (just like yesterday). So it looks like another day of the same, perhaps. I will be anxious to see what happens when we get the VIX gap fill at 29.70. I may switch my june puts for july puts.
Well,
I seriously doubt if they would list a big sell off in that report anyway. They have too remain positive for their sheep.
I read only the first few pages.
At least that is in line with the DIA 118.16 print we have. Now, does the Wilshire print work too… that's the real question.
It does not give anything for crash. Until last month, their forecast was 1300 by summer, now it is off the table. now its 1180 in 3mos
Yes Jim,
This is getting very tiresome right now.