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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Chas. who wrote (40928)10/9/2008 12:16:16 PM
From: Box-By-The-Riviera™  Respond to of 217832
 
wow. i may need to worship the ground you walk, if that comes even close. i'm still gunning for spx 400, but not next week.



To: Chas. who wrote (40928)10/9/2008 7:12:00 PM
From: TobagoJack  Read Replies (2) | Respond to of 217832
 
just in in-tray

this is from fullers site today... for what it is worth,


Intelligence Advisors Sentiment indicator - Thanks to colleague Tarquin Coe from Investors Intelligence for these three charts of the S&P500 immediately following historic lows in the Advisors Sentiment indicator.
In 1978 when the indicator had a reading of -40.2 on November 24th. The indicator's low did not coincide with the low for the Index, but the S&P failed to fall very much beyond this oversold level.

In late-January 1982 the reading was -34 at its nadir and while the S&P didn't hit its low for a few months, it also failed to fall significantly from the indicator's bottom.

In 1990 the reading was -27.8 on September 14th. On this occasion the Index hit a low within a few weeks.

Right now the indicator is at -27.7, a level not seen in 18-years. That does not mean it cannot go lower but it suggests that sentiment is getting increasingly bearish and we are being set up for a significant rally.




To: Chas. who wrote (40928)10/9/2008 8:19:15 PM
From: Bill/WA  Respond to of 217832
 
>>Between 2:45 and 3:00EST the market will begin a downturn with emphasis on financials again...by 4:0'clock 8900 something will be reality...late next week will test 7000's<<

Great call Chas...will be waiting for call on tomorrows close with GREAT anticipation!<G>



To: Chas. who wrote (40928)10/9/2008 8:24:40 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 217832
 
i did kiss your ground you walked upon today.

did not give you full credit though. but gave you worthy credit.

do you intend to make this a regular thang, or just a one off?