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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 1, 2011 20:51
Q, where are you getting your levels ?
Qingyu
manchester, UK
Posts: 1763
13 years ago
Sep 1, 2011 20:36
spx below 1150 will lead to 5th down wave, then 1080/1030.

cant imagine spx below 1000...

tomorrow could be another down day, dunno, wait & see.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 1, 2011 20:27
Or perhaps he was punting his opinion for a low ISM #. Gambling ???
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 1, 2011 20:25
Before cash open on S&P futures today that capital3x called a short trade entry. I mean really, just before the ISM # was due to be annouced early cash session. What happened ? strong ISM # and futures shot up way beyond his 8 handle stop. Damned fool thing to do ! Perhaps he never traded the ES before :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 1, 2011 19:43
yes I saw that GS forecast and I wouldn't trust them not to murder my granma for 1 dime.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Sep 1, 2011 19:29
ah..ok., agreed...but not tomorrow. GS cut NFP estimates by half....they always trade the opposite of their public predictions
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 1, 2011 19:28
and pattern on the way down will enable refinement to potential targets.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 1, 2011 19:26
comon cat, you know full well I project INITIAL target. No straight lines to 600 or below.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Sep 1, 2011 19:08
not enough for QE. Must be way under 1000
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 1, 2011 18:55
If the ABC corrective completed in stocks target for W.5 SPX c.1088/86
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