the lines you see on my charts are Moving Averages in sequences of 8.
Max contain is just a term I use to describe the Teal line in all my charts.
Debasements are when speculative capital is harvested. The coming debasement will @ a minimum print 1078 $SPX and final terminal pt. between 1049.98 & 1078.
Situation Update: I am waiting for the market to make a move, one direction or the other. Either way, I am throwing in the towel on the short term bear case after the move. B/c after the move, it is a mad dash to the cliff. Join the crowd! Let the devil get the hind most!! lol
You are predicting a “coming debasement will @ a minimum print 1078 $SPX and final terminal pt. between 1049.98 & 1078.” “by the end of April” followed by a “blow-off into the fall, the operators told us last week $DJI 11,816 will be the terminal de-leverage pt.” (which percentage wise roughly translates to 1280 on spx).
His phi mate turn date analysis seems to add value, but the turn dates are not exactly precise, and are often clear after the fact. I was thinking last night that the April 7 Phi turndate may have actually occured on the 5th. His “small change in McOsci” used to be very accurate in predicting strong moves. But then people started to frontrun it and ran up the futures overnight. The last one was a dud. So far this one seems to be too…. but it may come tomorrow.
That 1 person is me… and you can rest assured that I won't be going short at 1050-1080 (like I did the last time). I'll join you in going long.
I'm already short, from last week, and will just wait it out. I'm still inclinded to believe that we will start this fall before next weeks' opx.
I don't have any way of knowing, but I would suspect that there are a lot more calls then puts right now, on the SPY. Which leads me to believe that the market makers don't want to play out to all those calls… so a drop before opx seems likely.
And, since most opx weeks are bullish, and this month of April is bullish (from a chart on Cobra's blog), it also seems logical to do the opposite of what the masses think… taking their money once again.
That 1150 area seems like a first target, then 1115, and then the finally bottom in the 1050-1078 area by the end of the month. Perfect thinking actually, as May is usually bearish. So go into May, with the market tanking, everyone will go short at the bottom… as you quoted.
Makes more sense every day now. I'd still like to see the move start this week though, as it's really wearing me down.
You will save me because I am listening. If I could figure out the numbers game, I would. It may be easy but so far I don't get it. Sadly, I think a majority of the speculators now in the market are the massive amount of unemployed hoping to survive somehow. And again, while there are number of relatively young people like me, I also think that there are many in their 50s, 60s and 70s.
Hi
the lines you see on my charts are Moving Averages in sequences of 8.
Max contain is just a term I use to describe the Teal line in all my charts.
Debasements are when speculative capital is harvested. The coming debasement will @ a minimum print 1078 $SPX and final terminal pt. between 1049.98 & 1078.
Fake print to 119.35 spy came in on the 10 minute chart earlier.
April 7:
Situation Update: I am waiting for the market to make a move, one direction or the other. Either way, I am throwing in the towel on the short term bear case after the move. B/c after the move, it is a mad dash to the cliff. Join the crowd! Let the devil get the hind most!! lol
Hi Sundancer,
If you can just confirm this is accurate.
You are predicting a “coming debasement will @ a minimum print 1078 $SPX and final terminal pt. between 1049.98 & 1078.” “by the end of April” followed by a “blow-off into the fall, the operators told us last week $DJI 11,816 will be the terminal de-leverage pt.” (which percentage wise roughly translates to 1280 on spx).
Thanks in advance
His phi mate turn date analysis seems to add value, but the turn dates are not exactly precise, and are often clear after the fact. I was thinking last night that the April 7 Phi turndate may have actually occured on the 5th. His “small change in McOsci” used to be very accurate in predicting strong moves. But then people started to frontrun it and ran up the futures overnight. The last one was a dud. So far this one seems to be too…. but it may come tomorrow.
Got it – thanks 🙂
So how do you get the teal line and price points for debasements ?
Also, what are de-leverage points ?
Thanks for sharing 🙂
The simplicity of this game complexes the human mind. Keep an open mind and one day everything will be crystal clear.
You hit the nail on the head with the unemployed, it's sad but some people don't have any other choice.
The transition away from sophisticated living is not far off. Those who have eagle eyes have been monitoring real estate transactions in Montana.
Thanks Sun…
That 1 person is me… and you can rest assured that I won't be going short at 1050-1080 (like I did the last time). I'll join you in going long.
I'm already short, from last week, and will just wait it out. I'm still inclinded to believe that we will start this fall before next weeks' opx.
I don't have any way of knowing, but I would suspect that there are a lot more calls then puts right now, on the SPY. Which leads me to believe that the market makers don't want to play out to all those calls… so a drop before opx seems likely.
And, since most opx weeks are bullish, and this month of April is bullish (from a chart on Cobra's blog), it also seems logical to do the opposite of what the masses think… taking their money once again.
That 1150 area seems like a first target, then 1115, and then the finally bottom in the 1050-1078 area by the end of the month. Perfect thinking actually, as May is usually bearish. So go into May, with the market tanking, everyone will go short at the bottom… as you quoted.
Makes more sense every day now. I'd still like to see the move start this week though, as it's really wearing me down.
You will save me because I am listening. If I could figure out the numbers game, I would. It may be easy but so far I don't get it. Sadly, I think a majority of the speculators now in the market are the massive amount of unemployed hoping to survive somehow. And again, while there are number of relatively young people like me, I also think that there are many in their 50s, 60s and 70s.
yeah I'm showing it
that 628.50 is co-relational to it's ENV 21,21,21 which was 628.72 on that day.