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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?

To: Kimston who wrote (359)	10/22/2013 11:06:08 PM
From: Fintas	Respond to of 15903

The banks and brokers aka Wall street are to the far right of that bell curve, and the majority of the indicators are toppy and why I've been suggesting they would roll LEFT SOON. As they roll left I'd be expecting the 45-50 area and since they are in the 80 area that's a decent amount of down or 20-25% if we get some energy behind the selling. You are seeing the softening as I am and why I'm expecting lower numbers for JPM and BAC. So you got the NQ dialed in. Thanks. Fintas

To: Kimston who wrote (359)	10/23/2013 12:37:07 AM
From: zman69	1 Recommendation Recommended By Fintas Read Replies (1) \| Respond to of 15903

If you look at the rally off the 2002 low for NDX as and A-B-C where A is the up into 2007 top, B is the drop to 2009 low, and we are finishing wave C now it is interesting that C=1.618*A @ 3376.77 NDX. Today's intraday high = 3384.35 just a mere 7.58 points from a perfect Golden Ratio extension. Might be time to put that CRASH ALERT back on ;)