There’s a Cardinal Cross T-Square in place and no one’s talking about it. The polar opposite of 2 years ago when it was the rage. The new moon takes place tonight and activates it??
Maybe the occultists in Europe come out with a bombshell tonight.
Jeff Cooper had some thought provoking items today in his article over at minyanv….Tommorow 7-19 is the 5 year anniversary of the July 2007 primary high and it’s 90 degrees from that infamous 119 date so many years ago. Today is 119 days from the spring equinox and or around 117/18 degrees from it on the Gann Square.
He writes that that July 19 squares out to SP 1379 on the G. square which I verified. Could this be a coded message? 1379===479 or 119. So 119 to 7-19??? It is also 270 degrees or .75 of a year from that infamous date. Tommorrow will also be 75 tds from the SP 4-2 high (which was 775 tds from 3-6-9 low). 55 tds from the 5-1 Dow high.
Today’s SP high 1375.
Despite all of the after hours hoopla, the SP did make a nice divergent high with its early July high on the 60 minute charts.
Go figure.. Past few calls have really been spot on. The last time you said this was when the dow closed up 33.33 points and you were right on the money. Looking forward to finally seeing some serious red tomorrow! If it gaps up. that would be a serious return.
Don’t know Geccko, but I doubt that IBM has anything to do with this rally. It’s the FP of 138.41 on the SPY that’s keeping this thing going. They will hit it before this pig tanks I believe. A simple gap up on some manufactured good “continuing Claims” number is what I expect will be blamed for the gap up.
Is this an IBM inspired rally? I thought that they posted earnings after the bell. I’d rather see them rally into their earnings release than drop in an already oversold state.
Thanks red… Looks like it’s going to turn out to be 1 ugly august yet again. Tempted to ask to go back to work for a month so I can get a bigger bonus. But, I’ll show my appreciation later this month if it turns out to be as ugly as i think
Maybe get some 138 SPY puts that expire this Friday and go deeper for the larger position that expires next Friday… sounds like a good plan. I think you’ll do well.
Yeah.. I’ll likely do a small position that expires this Friday, if we gap up close to the FP tomorrow, but mostly for next Friday expiration. Had 2 solid day trades already, at the open and when it froze at .65 SPY, don’t want to push my luck
There’s a Cardinal Cross T-Square in place and no one’s talking about it. The polar opposite of 2 years ago when it was the rage. The new moon takes place tonight and activates it??
Maybe the occultists in Europe come out with a bombshell tonight.
Jeff Cooper had some thought provoking items today in his article over at minyanv….Tommorow 7-19 is the 5 year anniversary of the July 2007 primary high and it’s 90 degrees from that infamous 119 date so many years ago. Today is 119 days from the spring equinox and or around 117/18 degrees from it on the Gann Square.
He writes that that July 19 squares out to SP 1379 on the G. square which I verified. Could this be a coded message? 1379===479 or 119. So 119 to 7-19??? It is also 270 degrees or .75 of a year from that infamous date. Tommorrow will also be 75 tds from the SP 4-2 high (which was 775 tds from 3-6-9 low). 55 tds from the 5-1 Dow high.
Today’s SP high 1375.
Despite all of the after hours hoopla, the SP did make a nice divergent high with its early July high on the 60 minute charts.
Go figure.. Past few calls have really been spot on. The last time you said this was when the dow closed up 33.33 points and you were right on the money. Looking forward to finally seeing some serious red tomorrow! If it gaps up. that would be a serious return.
S&P500 closes up 9.11 points… tell me this isn’t a ritual? LOL! We’re going down hard tomorrow… after a quick gap up to the 138.41 SPY FP.
Don’t know Geccko, but I doubt that IBM has anything to do with this rally. It’s the FP of 138.41 on the SPY that’s keeping this thing going. They will hit it before this pig tanks I believe. A simple gap up on some manufactured good “continuing Claims” number is what I expect will be blamed for the gap up.
Is this an IBM inspired rally? I thought that they posted earnings after the bell. I’d rather see them rally into their earnings release than drop in an already oversold state.
XLF and Apple are both down.
Silver update:
http://niftychartsandpatterns.blogspot.in/2012/07/silver-chart-analysis.html
Thanks red… Looks like it’s going to turn out to be 1 ugly august yet again. Tempted to ask to go back to work for a month so I can get a bigger bonus. But, I’ll show my appreciation later this month if it turns out to be as ugly as i think
Maybe get some 138 SPY puts that expire this Friday and go deeper for the larger position that expires next Friday… sounds like a good plan. I think you’ll do well.
Yeah.. I’ll likely do a small position that expires this Friday, if we gap up close to the FP tomorrow, but mostly for next Friday expiration. Had 2 solid day trades already, at the open and when it froze at .65 SPY, don’t want to push my luck
You mean the weekly options that expire next Friday I’m assuming? …not the one’s that expire this Friday.