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Posts by Anonymous "said":
DOW REACHED 9840 POINTS
DO U THINK ITS HEADING TO SEPT LOW OF 9420 .THE PREVIOUS WAVE AS COUNTED TILL TODAY GIVES US A REVERSED ZIGZAG OR A WAVE ONE COUNTING;
DO U HAVE ANY FORECAST ON THE DOW THE WEEK THAT WILL HELP ME VALIDATE SOME SCENARIOS;
THANKS
sorry for this stupid question but at what time ibm release its quartely results?
thanks
CORRCTIVE
WE had AN EXTENDED WAVE SO 9844 NOT THIS MORNING. neither today
MY PROJECTION FOR TODAY ARE AS FOLLOW
9844 WITH A RETRACEMENT OF 23PERCENT
9802 WITH A RETRACEMENT OF 61PERCENT
BLOMBERG CALENDAR SHOW THAT TOMORROW , FUTURES AND STOCKS AMRKET ARE OPEN
WHY ON CMC WE CANT INITIATE ANY POSITION AT THIS TIME 21:32
EXCUSE ME IF THIS SOIND STUPID
UR ASUMPTION THAT DOW MIGHT HIT 10150 IS QUITE PLAUSIBLE
MY CALCULATION FOR THE DOW GIVES ME A TARGET OF 10351 PTS; THAT REPRESENTS A FIFTY PERCENT RETRACEMENT FROM THE ALL TIME HIGH OF 14100; USUALLY IN ELLIOT WAVE COUNTING WE ARE IN A X WAVE DECLINED IN THREE WAVES . THE LAST WAVE AHS NOT REACHED TOP YET;
AS FOR EURUSD IF COORELATIN BETWEEN THE TWO MARKET KEEPS ON WORKING WE CAN SEE STILL SOME WEAKNESS IN USD FOR THIS WEEK AND THE NEXT WEEK.
IF I GO DEEPER IN COUNTING THE WAVES AND FIBONACCI RETRACEMENT WAIT TILL 100PERCENT IS REACHED AT 9840 (WHICH IS THE TOP OF LAST TWO WEEKS) AND CALCULATE A RETRACEMENT OF 1,23 1,61 RETRACEMETN OF THE DOWNWARD WAVE
BY THE WAY TO ALL FORUM GOOD KISS FROM MOROCCO;
from teh top at 9911 to 9832 i see two waves A and B respectively at 9397 and 9832.
B retrace at the 76 percent retracement .
do u think this configuration and pattern are sustainable and correct?
as for the dow i see it today or monday at 9771 points. is there gonna be some profit taking today?
thanks
iam actually on holiday but i can get out of my chair screening the dow jones.
with earning season coming and next week intel a nd ibm do u the think the market can head to 10000
thanks. said