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#16 K Wave Rider

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Posted 24 September 2009 - 07:09 PM

1975 had a very similar structure to today's daily NDX.....the 200 MA held on the way back down on that one.

#17 TenaciousG

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Posted 24 September 2009 - 07:20 PM

deleted
Cynically optimistic

#18 Bungster

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Posted 24 September 2009 - 07:44 PM

1975 had a very similar structure to today's daily NDX.....the 200 MA held on the way back down on that one.


Wow, that'd be around 900 SPX for the 200DMA... :ninja:
"It's tough to make predictions, especially about the future" Yogi Berra
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#19 Charmin

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Posted 24 September 2009 - 08:06 PM

Wow, that'd be around 900 SPX for the 200DMA... :ninja:


That's where the head/shoulders watchers where wrong. July 15. There's also a common gap open on the hourly ES at 912.50
http://www.StockShar..._1253837059.png
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#20 DrStool

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Posted 24 September 2009 - 08:22 PM

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#21 MrHanky

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Posted 24 September 2009 - 09:06 PM

By the amount of posts,I don't think the bears are believing any of this....




Doubting we will see a higher high......With october around the corner,I think it gets ugly pretty quick.MINIMUM oct month end target is 900 I will guess.

Fixed income should continue to outperform as "investors" bail from riskier assets. B)







JMHO

Nothing


#22 Charmin

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Posted 24 September 2009 - 09:11 PM

By the amount of posts,I don't think the bears are believing any of this....




Doubting we will see a higher high......With october around the corner,I think it gets ugly pretty quick.MINIMUM oct month end target is 900 I will guess.

Fixed income should continue to outperform as "investors" bail from riskier assets. B)

JMHO


How many two/three day selloff's have we seen? Bears are still traumatized.
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#23 MrHanky

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Posted 24 September 2009 - 09:19 PM

How many two/three day selloff's have we seen? Bears are still traumatized.

Yeah it's hard to believe it's REALLY gonna happen.Just a few year end predictions I will make....


SPX to 850
oil to 40
gold to 900
TNX to 2.75% or less


Not doing much trading except playing with my muni's here and there,but I am betting we see significant deflation going foward.


BWTFDIK :ninja:

EDIT...(ultimately I think we could see raging inflation,but maybe not till 2012 or so)

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#24 Charmin

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Posted 24 September 2009 - 09:27 PM

Yeah it's hard to believe it's REALLY gonna happen.Just a few year end predictions I will make....


SPX to 850
oil to 40
gold to 900
TNX to 2.75% or less


Not doing much trading except playing with my muni's here and there,but I am betting we see significant deflation going foward.


BWTFDIK :ninja:


If your right, then bulls should get tripped up on a sentiment change and price will get kicked down at every rally very quickly.
Cycles + Wyckoff + NTM = TechnoPile
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#25 Charmin

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Posted 24 September 2009 - 09:47 PM

gold to 900

EDIT...(ultimately I think we could see raging inflation,but maybe not till 2012 or so)


Gold to 900 is not deflation, but going down to 730 again might
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#26 psyche doctor

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Posted 24 September 2009 - 09:49 PM

Hi there! I am a real-life crack head. As you can see from my avatar, yeah that's a personal photo of yours truly, I have done alot of crack, probably too much. Anyway, the news out on the streets is that Banana Ben might be reducing the supply of crack. Man, when I heard this, I literally sh*t myself, not that it doesn't happen often. Crack messes with all the bodily processes, not just the brain. Sometimes I just can't control myself. Anyway, I've also done my share of dippin. I dip snuff, too. Yeah, my dental problems aint all from crack. Dippin can be quite compulsive. Actually, I justed dipped some fresh Euros around 1.615 and am up already on a crack high. This is only a short-term fix, though. As far as dippin the indexes, man, I am itchin and startin to shake. So far, the ES hasn't fallen below 1044 in globex. It's holdin strong, and if it holds long, I might dong. I am not glamorizing or condoning crack here, but if your gonna have a vice, you might as well roll the dice and dip some dongs and if there aint no crack, grab some glue. I hear lacquer thinner does the trick, too. Git-r-done....
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving

#27 Charmin

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Posted 24 September 2009 - 10:11 PM

Hi there! I am a real-life crack head. As you can see from my avatar, yeah that's a personal photo of yours truly, I have done alot of crack, probably too much. Anyway, the news out on the streets is that Banana Ben might be reducing the supply of crack. Man, when I heard this, I literally sh*t myself, not that it doesn't happen often. Crack messes with all the bodily processes, not just the brain. Sometimes I just can't control myself. Anyway, I've also done my share of dippin. I dip snuff, too. Yeah, my dental problems aint all from crack. Dippin can be quite compulsive. Actually, I justed dipped some fresh Euros around 1.615 and am up already on a crack high. This is only a short-term fix, though. As far as dippin the indexes, man, I am itchin and startin to shake. So far, the ES hasn't fallen below 1044 in globex. It's holdin strong, and if it holds long, I might dong. I am not glamorizing or condoning crack here, but if your gonna have a vice, you might as well roll the dice and grab some dongs and if there aint no crack, grab some glue. I hear lacquer thinner does the trick, too. Git-r-done....


Larry, the plan is to gap up tomorrow, then sell
your donging sentiment will then change
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#28 Charmin

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Posted 24 September 2009 - 10:20 PM

If Direxion funds thought that the 2.5x bear fund for small caps was going to $0, then I'd suggest they shut it down now.

http://www.StockShar..._1253845092.png

I sort of think it's not going to $0
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#29 K Wave Rider

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Posted 24 September 2009 - 10:35 PM

Hi there! I am a real-life crack head. As you can see from my avatar, yeah that's a personal photo of yours truly, I have done alot of crack, probably too much. Anyway, the news out on the streets is that Banana Ben might be reducing the supply of crack. Man, when I heard this, I literally sh*t myself, not that it doesn't happen often. Crack messes with all the bodily processes, not just the brain. Sometimes I just can't control myself. Anyway, I've also done my share of dippin. I dip snuff, too. Yeah, my dental problems aint all from crack. Dippin can be quite compulsive. Actually, I justed dipped some fresh Euros around 1.615 and am up already on a crack high. This is only a short-term fix, though. As far as dippin the indexes, man, I am itchin and startin to shake. So far, the ES hasn't fallen below 1044 in globex. It's holdin strong, and if it holds long, I might dong. I am not glamorizing or condoning crack here, but if your gonna have a vice, you might as well roll the dice and dip some dongs and if there aint no crack, grab some glue. I hear lacquer thinner does the trick, too. Git-r-done....


Yeh, I dipped sum GBP at 159 n a quarter...see if we caint get sum overnight bargain hunting by the brits after a 500 pip shelling...

Tight stop as this thing is in power mode downside....

#30 psyche doctor

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Posted 24 September 2009 - 10:45 PM

Yeh, I dipped sum GBP at 159 n a quarter...see if we caint get sum overnight bargain hunting by the brits after a 500 pip shelling...

Tight stop as this thing is in power mode downside....


They are all comin out of the wood work, now. Like some dippers confessional. :lol:
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving





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