Dow under 9000 by Nov. 2nd?? If it's not AT LEAST under 9500 by then, that would imply that a lot of this stuff is just guessing. Just trade the trend...which is UP.
We have a 5 wave impulse from today's hi. It makes it more likely that the rally from yesterday was wave ii within a down move that started Wednesday 10:30 ish.
If this holds, we should have a sharper down move after an upward correction towards 1092 or less.
anybody long for anything more than a scalp better seriously consider their position this afternoon.solid trend down day into the last hour.added short at 1093 but got stopped out at 1097.what a bitch..still short from earlier regardless though.
I am afraid this is repeat of yesterday. It bounced off daily 15 ema at 1078-1077. It has potential to go 1085-86 and iff that breaks wahtch out. I would cover the short profit.
Jay, I don't know who this "Anonymous" asshole is that keeps spouting about being LONG but I hope his account gets blown out on Monday AM! Reminder: Web bots predicts major financial catastrophic news event occurs Sunday night....just in time for Monday's opening...I'm remain 100% SHORT! Kirk http://kirksfitnessblog.blogspot.com/
SPX 1095 = 78.6% from todays low
Maybe you should consider going long once in a while. Try buying the dips...it's a cool strategy that's been working since March.
ReplyDeleteDow under 9000 by Nov. 2nd??
ReplyDeleteIf it's not AT LEAST under 9500
by then, that would imply that
a lot of this stuff is just guessing.
Just trade the trend...which is UP.
Selling just begot more buying. You missed another huge opportunity to get a headstart on this next rally.
ReplyDeletety
in short /es 1094 i think your right jay we go down today
ReplyDeleteNo gap down today.
ReplyDeleteMaybe it's time to join the bulls and stay long jay or are you a permabear? Long and strong here...we'll close green for sure.
ReplyDeletex
out of faz in ira for 18.93 think we go up this afternoon long in /es
ReplyDeleteWe have a 5 wave impulse from today's hi. It makes it more likely that the rally from yesterday was wave ii within a down move that started Wednesday 10:30 ish.
ReplyDeleteIf this holds, we should have a sharper down move after an upward correction towards 1092 or less.
I'M LOOOOOOOOOOOONG!!!!
ReplyDeleteVilly
This is a wave 2 now and wave 3 up coming anytime now.
ReplyDeleteI buying long and hard.
chico
Warning to Bears. You're about to get choked big time here.
ReplyDeleteSetting up for wave iii.
mel
Short from ES 1094.5 and holding for IT. Stop is 1094. Lets see how far this shakeout goes.
ReplyDeleteLong at 1080. this up leg may take us to 1120 or higher. then big down
ReplyDeleteanybody long for anything more than a scalp better seriously consider their position this afternoon.solid trend down day into the last hour.added short at 1093 but got stopped out at 1097.what a bitch..still short from earlier regardless though.
ReplyDeleteafter8
ReplyDeletegood post
we should bottom on Monday morning.
Billy
im thinking the same billy.regards.
ReplyDeleteI am afraid this is repeat of yesterday. It bounced off daily 15 ema at 1078-1077. It has potential to go 1085-86 and iff that breaks wahtch out. I would cover the short profit.
ReplyDeleteSelling is exhausted, fully long here. We should rally into the close on some short covering b4 the weekend.
ReplyDeletex
Gap down huge Monday.
ReplyDeleteatilla
Atilla,
ReplyDeleteAt what price should we close shorts. What does your pee pee indicator say
Sol
x
ReplyDeletelolol
FROM IAN:
ReplyDeleteThe ideal path is to see a continued rally into 10/26 High, see a sharp drop into 10/27 Low, only to retest the 10/26 high on 10/30 High.
mIKE
Jay,
ReplyDeleteI don't know who this "Anonymous" asshole is that keeps spouting about being LONG but I hope his account gets blown out on Monday AM! Reminder: Web bots predicts major financial catastrophic news event occurs Sunday night....just in time for Monday's opening...I'm remain 100% SHORT!
Kirk
http://kirksfitnessblog.blogspot.com/
Kirk has a potty mouth too. huh what a man NOT!
ReplyDeleteCurly