You know Rip, I have noticed that the day action tends to follow the night action so since we got to 1152 last night in the futures, you could be right. On the flip side, Atilla is calling for a massive 1000 point drop and then rebound and BAM investors has their crash window open today and tomorrow so I am hoping for soylent blue as well.
First you claim how NOT to trade and then you quote wiz who yesterday called a crash, then changed his mind and now calls for a big rebound. Appears that what you're doing is an example how NOT to trade.
How about Soylent Teal, where we tag 1080 early in the day, but close about 1050, or below.
1080 is my target for going 100% short, but I admit I will be sweating bullets. Even though I am relying on NYMO and put/call ratios to signal a bottom when it happens, we could run to 1140 first.
evil speculator has 3 scenerios which are very clear. longe term all bearish but short term 3 possibilities.
I don't mean to be sleezy but I can post what subscribers read:
Let me run you through those three possibilities:
Soylent Blue (a.k.a. instant bear gratification): We are in the process of completing the c wave of a Minuette (ii) of Minute {iii} of Minor 3 of Intermediate (1) of Primary {3}. We may be done but this one could run until about 1.618 x the length of the a wave, getting us to about 1067. We should fall off the plate after that and don’t stop until below SPX 1000.
Soylent Green (a.k.a. the impatient bear): We are completing wave (a) of Minute {ii} of Minor 3 of Intermediate (1) of Primary {3}. Which basically means we ride this thing up a little more – probably until the 1095 mark. After that it’s the express elevator to the ground level (i.e. below SPX 1000).
Soylent Orange (a.k.a. revenge of the bulls): We completed Minor 1 late May and are now in a large flat which nearly failed today, but is technically still possible. This puts us at the onset of Minute {c} of Minor 2 of Intermediate (1) of Primary wave {3}. That one would drive us a lot higher and we might run a boat load of stops and not stop until about 1130ish – could get ugly.
When do we know?
Well, I give Soylent Blue about one day to sort itself out – if we are not heading lower by Thursday morning it’s lights out for that one. Soylent Green is the next runner up and only a breach of 1100 would probably convince me of Soylent Orange. Reason being is the rather muted A/D ratio which closed at around 1.5 today. The EUR/JPY also did not confirm the vehemence of the equity rally, the daily Zero was barely bullish, and we all know who was doing the buying today. The boyz had some fun today, that’s all I’m going to say about it.
I have warned you guys about snap backs. You will have to live with them, because if we are right and this is Primary {3} any snap backs will be punished hard and fast, especially the further we descend.
You know Rip, I have noticed that the day action tends to follow the night action so since we got to 1152 last night in the futures, you could be right. On the flip side, Atilla is calling for a massive 1000 point drop and then rebound and BAM investors has their crash window open today and tomorrow so I am hoping for soylent blue as well.
First you claim how NOT to trade and then you quote wiz who yesterday called a crash, then changed his mind and now calls for a big rebound. Appears that what you're doing is an example how NOT to trade.
from jaywiz
Tech internal are MONSTER OVERSOLD, and Today is a BRADLEY date
imo, last chance to break under 1040 before a substantial rebound
This waiting for a cash is NOT the way to trade. Good traders make conisistant pofits and may or may not be positioned for a crash.
I'm convinced that a 5 min renko chart will be my salvation (economic)
Dow jones analysis before opening bell
http://niftychartsandpatterns.blogspot.com/2010…
How about Soylent Teal, where we tag 1080 early in the day, but close about 1050, or below.
1080 is my target for going 100% short, but I admit I will be sweating bullets. Even though I am relying on NYMO and put/call ratios to signal a bottom when it happens, we could run to 1140 first.
evil speculator has 3 scenerios which are very clear. longe term all bearish but short term 3 possibilities.
I don't mean to be sleezy but I can post what subscribers read:
Let me run you through those three possibilities:
Soylent Blue (a.k.a. instant bear gratification): We are in the process of completing the c wave of a Minuette (ii) of Minute {iii} of Minor 3 of Intermediate (1) of Primary {3}. We may be done but this one could run until about 1.618 x the length of the a wave, getting us to about 1067. We should fall off the plate after that and don’t stop until below SPX 1000.
Soylent Green (a.k.a. the impatient bear): We are completing wave (a) of Minute {ii} of Minor 3 of Intermediate (1) of Primary {3}. Which basically means we ride this thing up a little more – probably until the 1095 mark. After that it’s the express elevator to the ground level (i.e. below SPX 1000).
Soylent Orange (a.k.a. revenge of the bulls): We completed Minor 1 late May and are now in a large flat which nearly failed today, but is technically still possible. This puts us at the onset of Minute {c} of Minor 2 of Intermediate (1) of Primary wave {3}. That one would drive us a lot higher and we might run a boat load of stops and not stop until about 1130ish – could get ugly.
When do we know?
Well, I give Soylent Blue about one day to sort itself out – if we are not heading lower by Thursday morning it’s lights out for that one. Soylent Green is the next runner up and only a breach of 1100 would probably convince me of Soylent Orange. Reason being is the rather muted A/D ratio which closed at around 1.5 today. The EUR/JPY also did not confirm the vehemence of the equity rally, the daily Zero was barely bullish, and we all know who was doing the buying today. The boyz had some fun today, that’s all I’m going to say about it.
I have warned you guys about snap backs. You will have to live with them, because if we are right and this is Primary {3} any snap backs will be punished hard and fast, especially the further we descend.
can get them but for subscribers
It's listed as “Enterprise Corruption” under my “Red Pill Sites” blogroll
who and where is Reinhardt's site
Yes, I'm very very glad she does too.