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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (31621)5/4/2012 11:31:52 AM
From: robert b furman1 Recommendation  Read Replies (2) | Respond to of 218857
 
clx suggesting a low is being made - more than likely going into WWW next week

Aydis just got bullish this week .negative offsets drop off in 3 more days - also suggesting Wednesday turn.

I hoped (incorrectly that last weeks pop was the beginning of a 3 up).Bought in a bit too early .

Crashing through 1388 this morning puts us now in a C wave down (ABC corrective from 3/27 high in SPX @ 1419- look for 5 waves to finish.

Expected lower range = 1353 ish.A = C and same range for 4th wave of lesser degree:

screencast.com

Bob

Time to be selling some puts!!