Red

Thanks Traderjohn. I always find this ratio interesting.

Thanks Red – now I just have to cross my fingers 🙂

Sundancer – am fascinated by your work – however not sure I understand everything — could u pls share some basics on what you mean by:

– Max containment and how you get those lines
– Debasement – assuming you mean a fall coming, but can you explain what you think it is …

Red – love your blog – crazy busy at work, so just haven't been posting as much – love your posts !!!

Monica, if you remember from the last major fake print back in January… it was 1047.28, but the low was actually 1044.50 spx. So, that means that once momentum is going strong to the downside, it will be tougher to stop right at that level.

So, the harder and fastest (with large volume) that it is going, when it reaches 1078, the further it will pierce it before reversing.

Although, that 1050 area is a stretch, but that could be possible on a lot of selling pressure.

Does anyone have a fake print on BIDU, on the daily chart? It shows 628.50 as a high on 03-15-2010…

http://reddragonleo.com/wp-content/uploads/2010…

OK, so my math really does suck! So you are saying you think it gets to the 1050 area then? I thought de-leverage meant stopping point? Thank goodness you have saved us from going short there.

Thanks Redvette, that is quit interesting.

Red Dragon has been calling for the market to go down every week for 6 months. Chronically WRONG

somebody bought 3000 tza $9.00 apr.calls @ .01
any takes
$7.00 calls are .04
Longshot time ?

Hi Earl, Appreciate the post.