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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 14, 2011 20:16
Arch bear Prechter would have you believe that 666 low in SPX was just end of wave 1 down and now we are trying to finish wave 2 up to reverse into dramatic never been seen before Wave 3 down to levels way under 666.
Boli Mekura
Guam
Posted Anonymously
13 years ago
Feb 14, 2011 20:15
Dave, yes this is another b/d level. But I was thinking 1320 because this where (after a failed test back up), the waterfall decline started.
Now my next objective is 1348 for ES.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 14, 2011 20:07
Boli, SPX you were talking about the break level back in 2008. I see the 78.6% ret level at 1381 could be argued to be your break level. That would be the break from Wave 2 high into dramatic wave 1:3 down
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 14, 2011 20:03
yes said, comon you guys get long equities. LOL
said
mulhouse, France
Posts: 2822
13 years ago
Feb 14, 2011 20:00
interesting
few time ago i checked the resiliency of some nordic markets.
anyway we are the generation of tv informations system. what the eyes see the mind believe.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Feb 14, 2011 19:59
boli, yes, you may right.
Boli Mekura
Guam
Posted Anonymously
13 years ago
Feb 14, 2011 19:57
@Qingyu
I guess Thursday or Friday of this week will be the day.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 14, 2011 19:56
If you are asking me for a fundamental view of the yield curve I am the wrong man to pontificate. For ZB techs I see another move down to test lower region of substantial HVN and rejection leading to good move back up which would equate to yields back down :-) Just a guess fwiw!
said
mulhouse, France
Posts: 2822
13 years ago
Feb 14, 2011 19:53
GL daveO
tomoorrow inchaallah is a first amplitude 25 basis point down under.
said
mulhouse, France
Posts: 2822
13 years ago
Feb 14, 2011 19:51
..i like this one ... ... ....