ALGO 1: Too clean looking double top on S&P Dow and many other indexes. ALGO 2: My Judgment is Short everything now… ALGO 1: My cousin ALGO 3 which works for PPT now, informed me… It is a trap laid by PPT. ALGO 2: So when we start buying. ALGO 1: Wait till enough bears short, then at 14:29:59 EST that is when we start buying.
Looks like we could gap below the trendline this morning but of course things could change.
ALGO 1: Too clean looking double top on S&P Dow and many other indexes.
ALGO 2: My Judgment is Short everything now…
ALGO 1: My cousin ALGO 3 which works for PPT now, informed me… It is a trap laid by PPT.
ALGO 2: So when we start buying.
ALGO 1: Wait till enough bears short, then at 14:29:59 EST that is when we start buying.
SPY is playing Ping Pong between containment pts. on the 10 min
http://www.flickr.com/photos/47091634@N04/45436…
Earlier this morning Carl said: I still think that the 1180 low ended the correction and that a swing to 1270 is now underway.
He now says: My best guess is that the ES will drop to 1175 or so before the move up to 1270 begins.
k.
I won't. If it doesn't follow through today and tomorrow, I'm out.
*if* the operators are going to game the “pennant” setup then the LOD is in
Don't get killed if it takes longer to go down. 🙂
Lovely – but I still think we head lower.
well, I want to be stupid too then… 😀