The Major decline into June 28th was "forecasted" on December 29th, (Strangely, then I have the major decline of the year into late June (a bottom about a week or so before July fourth,) (make it around June 28th plus minus two day) to about 1650 on the naz. (#reply-16842549), as you can see the target was changed, due to the failure of the double tops in April and May to even get close to the targets set in Late December. When the April rally failed to go above 1834, I warned of a decline to 1617 plus minus 30 on April 22nd and donned my bear suit (we got worst, 1560 May 7th, see #reply-17364066). From there I said we bounce to 1757/ (70 max) #reply- and reiterated on April 26th (#reply-17387137, reiterated on April 30th #Reply-17403570, where the Nassacre was still called the Naz Massacre <g>) and #reply-17409688 on May first, and since too many people were bombarding me with PM on the Massacre, I asked a poster to post my response to him here #reply-17410987) the target top of the counter move (I also reminded everyone that the June low is still in the low 1400 (#reply-17390919)). During the big decline on the 7th, I loaded up down to 30% cash only in preparation for a good bounce(#reply-17436510), and the next day, due to the extreme volatility I gave three potential targets for the "May top" (#reply-17439968). I reiterated that target top numerous time till May 15th (#reply-17462241 and on the 14th, at 1710, I suggest dark siders start to lay their shorts since the May top is no later then the next day ( #reply-17466054 and #reply-17468131 and on the day of the top #reply-17471342). Actually sometime before that top, the time and target of that top were called (2:22 it was missed by some 10 minutes if memory serves..., see #reply-17472245).
Now, all you had to do was a search on "Nassacre and Zeev" on this thread and it would have brought you to the May 17th mention of the Nassacre, the market was still just departing from the gate (it hit a high of 1754 on that day).
Zeev |
