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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (2448)8/29/2013 12:21:37 PM
From: Fintas  Read Replies (2) | Respond to of 3209
 
Myth Man, I can't speak for the past re Pokersam but I can say that since I have been looking at his work, I'm in agreement with many of his numbers. So if you want to fade him then do so.

However from a pnf perspective that 18 value box was the kiss of death for the near term for the bull and as many saw 1648 hit and thought it was same ol same ol the 18 said here comes 1630. Which happened. Here and now the bounce most who are objective can see as such. Then back down to 1620/1602 1584. Don't believe it? Watch it happen.

An adder is the bp spx which is at 75 has 45 written all over it and to get there that will help pull the bell curve at 61.9 to 35-40 and that supports RU ROO.. 1458/1358.

Now if some scenarios that Pokersam considers plays out..

I'll be wrong and so will you as we both watch 1134/ 972/810/646 go and then ugh.

I don't think so but I sure can understand his numbers.

So you might want to save your insults for those who have been pushing 1786/1944 spx endlessly and soon to be seen as WRONG for a few years.

Fintas