The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Friday, October 10, 2008
O.K. here is the $SPX charts with this morning's lows..
You can see I finally have the indexes matched up with new pivot points that work well, but no technical analysis in the world could have precisely predicted the drop of the last few weeks. The magnitude of this crash is amazing..
1 comment:
Anonymous
said...
hey Mark,
Got out of a bank short and bought SPY when it failed to make a serious retest of early lows on Friday.
It's gonna be a long weekend; but, timing requirements for mutual fund redemptions (Oct 10th?), options expiration next Friday, and the big shots plotting and scheming over the weekend might all conspire to produce a pretty sharp rally.
No way to 'chart' the stuff above, but with yours looking SO overdone.....what the hell?
1 comment:
hey Mark,
Got out of a bank short and bought SPY when it failed to make a serious retest of early lows on Friday.
It's gonna be a long weekend; but, timing requirements for mutual fund redemptions (Oct 10th?), options expiration next Friday, and the big shots plotting and scheming over the weekend might all conspire to produce a pretty sharp rally.
No way to 'chart' the stuff above, but with yours looking SO overdone.....what the hell?
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