Thursday, November 04, 2010

Stock market -Waves -5th or not

5th OVER THROW ?

There are 2 touch points at the lower line
and
2 touch points at the upper line

IS TODAY's OPEN touch point # 3, making the 5th wave of the traingle ??

as mentioned
Nov has a cluster TODAY and again on NOV 17th
how do they fit in with each other ?

Is today the ultimate high OR will NOV 17th surpass?

more later
Jay
at

3 comments:

  1. Unknown10:24 AM

    Today could be the high or it could be nov. 17th???
    How does one trade that???
    We can go as high as 900 billion takes it.
    900 billion blows ALL t/a out of the water. Especially
    Elliot wave. Just look at Prechter

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  2. stalion10:51 AM

    T/A won't work in an enviroment where FED $$$ coming in. This is like 1999 where everyday its going UP. I said before if we break 11200 and close then 11700 within site...looks like we get there.

    I am leaning LONG and taking day trades only...I will not go underwater. I will breakeven if I have to.

    I still have my SHORTS VXX down 40% since I bought it in SEP, FAZ/BGZ down 22%.

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  3. astro83:53 PM

    A note for Abdullah the VXX will do a reverse split Nov.9th

    I have moved into the camp of the rest of the crowd. NO Crash, Market moves up till March Pullbacks yes. I had mentioned before market would push up till Venus SD Nov.18th even then Jupiter will also SD more up. I see the market crashing up not necessarily meaning good times are here. More like Asset inflation.

    ReplyDelete