Yes, I agree. I’ve seen them come close to a FP before in the past and not hit it (which I got short thinking it was “close enough”) and then latter (after a brief “few days” pullback) they rallied back up to hit the FP and pierce it slightly before rolling over for good.
However, according to “Gary the Numbers Guy”, today qualifies as another “eleven” day as it equals 20 (0+8+1+6+2+0+1+2=20… which “2” equals two “1’s” or “11”). I’m just not sure if “20” days are that important to the gangsters as far as the stock market is concerned. I didn’t see any previous highs end on a “20” day, but I never checked back further then this year, so it’s possible prior to that I guess.
I have a feeling they’ll bounce around here and maybe touch it quickly tomorrow morning. To drag out a whole week ,when they’re this close, would be a bit much. Anything’s possible though
At least we all know that the market isn’t likely to rollover until the 1419 FP is hit on the SPX. Think of all the un-informed bears out there that have been shorting this for the last 2 weeks… man that must suck!
I do need to see a Market crash. Hope soon.
But again they may drag it to 9/1 for the JH meeting.
Yes, I agree. I’ve seen them come close to a FP before in the past and not hit it (which I got short thinking it was “close enough”) and then latter (after a brief “few days” pullback) they rallied back up to hit the FP and pierce it slightly before rolling over for good.
However, according to “Gary the Numbers Guy”, today qualifies as another “eleven” day as it equals 20 (0+8+1+6+2+0+1+2=20… which “2” equals two “1’s” or “11”). I’m just not sure if “20” days are that important to the gangsters as far as the stock market is concerned. I didn’t see any previous highs end on a “20” day, but I never checked back further then this year, so it’s possible prior to that I guess.
I have a feeling they’ll bounce around here and maybe touch it quickly tomorrow morning. To drag out a whole week ,when they’re this close, would be a bit much. Anything’s possible though
If we dont hit those FP on the downside in the next few months i’m done with this market…
LOL… I’m with ya BH!
CAn we please hit the FP’s on the downside now…Good god
At least we all know that the market isn’t likely to rollover until the 1419 FP is hit on the SPX. Think of all the un-informed bears out there that have been shorting this for the last 2 weeks… man that must suck!
Crude oil update:
http://niftychartsandpatterns.blogspot.in/2012/08/crude-oil-update_16.html
it is, i just got short slightly. I think it’s to early to hit the 1419 area. The manipulation is out of control
This is getting rediculous…I’m at my witts end with our markets..