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A New Beginning


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Looks like SPX 915-918 is support that I believe will not be broken today. If it is, by chance, then I would believe the rally top is in.  :)

agreed...call me jaded, but this POS rally ain't over yet. Getting to a top doesn't mean we are *at* the top. This prick has got at least one more trick up his sleeve.

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p/c 10 day avg drops below .69 today because the .93 from 10 days ago drops off. #2, an intra-day big move up in puts, is a SELL SIGNAL

#3. The above only further confirms yesterdays wave 5 top of the ABC corrective rally.

 

#4. I was fortunate enough to short the NAS QQQ at 1486 on the NAS or 28.15 on the Q's yesterday morning at 1045 print using Rydex Funds...

 

#5... the gap to 1300 ish is looming very large, may take a few weeks

 

#6... 1200 is my interim NAS target....

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916 is my ewave reversal number... she held at 917.80... she hasnt officially rolled over yet....

 

But, the Fibo Nacho date is today... look for weakness into the close. A close below 916 and its lights out for this leg 2 rally.

 

Dont start cheering yet until you see this occur... IMHO...

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I changed my board settings in My Controls to disallow signatures and avatars, and limit posts per page to 10. The difference in loading speed was not notable, less than a second, on a broadband connection, but making those changes may help those of you who are on dial-up modems. The "My Controls" link is in the top menu bar.

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WE should stop with the pissing and moaning, :angry: and realize the work Doc has put into this, and thank him! :) :lol:

 

I've been reading all of you for awhile now, and enjoy all of your interesting imput, but I gotta say, this is not fun. :( Buck up boys, Rome wasn't built in a day!!! :P

 

THANKS DOC, YOU THE MAN. B) :D

Well said. Doc works very hard. Who do you know who works this hard for you for so little.

 

The new board is very pleasing to the eye Doc. Tanks

:D

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