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To: Galirayo who wrote (7589)7/11/2008 2:18:10 PM
From: jaker  Respond to of 41464
 
I am mostly just dozing today... There are zillions of good charts around. Here and elsewhere...

This one is simple and interesting... I still have a smidgen of SDS left...

Even though it only updates EOD, I just set an alert... Then if it goes off, I wake up an re evaluate the situation...

h1.ripway.com



To: Galirayo who wrote (7589)7/11/2008 4:34:28 PM
From: hawkeyefan  Read Replies (3) | Respond to of 41464
 
I am posting this here because this is a more bearish board.-g-

You had July 17 as a significant date, correct? Is a bottom or could it be a "low top"?

We may have a four day rally next week that could be a "c" off Monday's low. Today was the bottom of a "b" from Monday.
The SPX, INDU, and NDX all went lower than Monday's low but the $RUT didn't.

This would give us an 8 day rally off that 34 day low. Then we decline for 8 or 13 days.

Today should have probably been a high off the 8 day cycle low on Monday. But it was another low. Makes me think we rally for 4 days and put in a high on Thursday.

It fits with EW scenario I proposed and the 18 hour cycle that will occur next week.

I am just thinking outloud and wondering what your July 17 date is supposed to be and trying to make it fit.

Need to go.