after rrman negated (his opinion) afternoon sell off Jaywiz stated:
Jay Strauss said… Benjoice, Today's sell off may only end the day with no gain, or a minor loss. BUT tomorrw promises to be lower Will cnofirm with PRELIm EKG later today
Maybe? It's hard to say? I'll be waiting to see what the charts say at the end of the day. We only know that today is a turn date… but which way? Up, or Down?
If it makes you feel any better, the 60 minute chart should be ready to roll back down by the end of the day, and the 15 minute chart too. Once the all line up together, we will have another big move down.
No one gets it's perfect you know. So being off one or two days is still pretty accurate. And remember, those guys don't do options. They are long term players.
so bam changes the plan. ugh but look at that lower BB!!! just waiting to get hit. Doesn't look like its going to rally till that lower BB gets hit or tear right thru it.
jawizz appears to think now no sell off (but just one of his bloggers, rrman is his name
appears to want to foil the bulls hear (but I'm biased) spike higher to wreck the bears, then spike lower to wreck the bulls etc etc repeat
Just post 11 hours from BAM Investors: “June 9 and 10 are possible crash dates. Bigger-picture, an even more intense crash window appears into June 17/18th as well.”
so jawizz is delaying his sell off. ?consistant with Bam ugh
after rrman negated (his opinion) afternoon sell off Jaywiz stated:
Jay Strauss said…
Benjoice,
Today's sell off may only end the day with no gain, or a minor loss.
BUT tomorrw promises to be lower
Will cnofirm with PRELIm EKG later today
Maybe? It's hard to say? I'll be waiting to see what the charts say at the end of the day. We only know that today is a turn date… but which way? Up, or Down?
yes, but on the other side red, tomorrow could be a big up so i don't think i'll be holding a position overnight.
LOL Monica…
If it makes you feel any better, the 60 minute chart should be ready to roll back down by the end of the day, and the 15 minute chart too. Once the all line up together, we will have another big move down.
No one gets it's perfect you know. So being off one or two days is still pretty accurate. And remember, those guys don't do options. They are long term players.
so bam changes the plan. ugh but look at that lower BB!!! just waiting to get hit. Doesn't look like its going to rally till that lower BB gets hit or tear right thru it.
jawizz appears to think now no sell off (but just one of his bloggers, rrman is his name
appears to want to foil the bulls hear (but I'm biased) spike higher to wreck the bears, then spike lower to wreck the bulls etc etc repeat
Thanks for nothing BAM! Timing is everything in this business 🙂
Just post 11 hours from BAM Investors: “June 9 and 10 are possible crash dates. Bigger-picture, an even more intense crash window appears into June 17/18th as well.”
Looks like a nice Bull Flag to me. It's also a B wave down in an ABC move up to 1061-1066 spx.
Dow jones pennant that can take it pass 9900
http://niftychartsandpatterns.blogspot.com/2010…