The latest bear Crushing Ramp Job is actually steeper with less pullbacks than the March 2009, climb out of the bottom. See Chart.
And this Summation index chart lifted from Breakpoint Trades shows a very strange effect starting Sept 2010....a complete wipe out of the cycle that has been so consistent.
Finally, OMG! An update from TOS on the same Weekend as an Elliot Wave Financial Forecast. What madness drives this market now?
The latest bear Crushing Ramp Job is actually steeper with less pullbacks than the March 2009, climb out of the bottom.
TNX / VIX This indicator has predicted market declines well in the near past. Will the real triangle please stand up. could be bouncing here, for an October run up. My thoughts...3% more frog boil, into the new moon.
3% more frog boil..........I'm feeling a little bit weak now but I swear I can jump out of this pot any time I want.
ReplyDeleteI meant new moon not FULL MOON, if you wait for full moon, you might be fully boiled. My only short position QID is hammered. However, my QQQQ puts bought more recently (for November) are down a little.
ReplyDeleteFEED trade was closed out for a profit.
Boiled, or ready to jump in the pot again?
ReplyDelete