SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Moominoid who wrote (31778)10/16/1998 7:31:00 AM
From: donald sew  Read Replies (1) of 94695
 
David,

>>>>> I'd expect a similar move to earlier this week where we track sideways for a day or two. After that I suspect up again. I wouldn't be too surprised by a double 1180 (+/-) top on the SPX before the real crash (if there is one). <<<<<<<<<<<<

That is also what Im suspecting will happen. Lets say the market TOPS off and pulls back in the next few days, the pullback should not be huge. Then a retest of the highs, forming the DOUBLE TOP, then a strong selloff.

As for timing, that could all occur by the end of next week.

seeya
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext