Red

Thanks Douala… I'll try to post as often as I can. I did another post today, for Tuesday and Wednesdays' outlook.

I have got to pay more attention to some things that I tend to ignore at the wrong times
I had posted a few pertinent things last week
1040 spx was first important level and they bounced off with a 62% retrace to 1065. the next important level seems to be spx 1000 and the pieces seem to fit.
39 x 62% = 24 + 1051 = 1065
39 x 1.618 = 65
1065- 65 = the next level of spx 1000
cycle still points to PIVOT LOW on Oct2nd at 10am
Jay

heheheh you got that right, looks like you got a nice trade here I would take profits before too long as I believe we do reverse and go lower rather quickly. 😉

Leo
That was a very good S&P road map you laid out there. I made a copy and printed it out. It made sense. Hope you post updates. Thanks for your thoughts!

heheheh you got that right, looks like you got a nice trade here I would take profits before too long as I believe we do reverse and go lower rather quickly. 😉

Thanks Steveo…

I'm been reading your charts too. You're into more stocks then I follow, but I still visit from time to time. I'll try to stop by more often.

You could be right… or wrong? That's why they call this gambling… I'm mean trading!

Jeez what a nut I am…thanks for the help and the insite you have here. Red really good writer you are. 🙂
I am still short going into tomorrow. I think we go down, but you never know. 🙂

Thanks Steveo…

I'm been reading your charts too. You're into more stocks then I follow, but I still visit from time to time. I'll try to stop by more often.

I hope You can get out of that long without too much damage

my work is leading toward the support level of 1021

Jay