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What's On My Mind

I've concluded every turn up since 72 has been a head fake to put in a bottom. Think about it, they're reluctant to hold 49 & 50 as a sure-fire foothold to beat their best price of the last leg top and base, where, from wence they began in Nov. 08, buyers held that bottom for a few days on the way down. They're already satisfied to go up but have to hold a major corner of a building bottom and then tighten the range.

I fully expect institutional conservatives to throw size around with their best quants' equations the basement-dwelling geeks don't have to put in a rational bottom.

With a .618 ratio for every major corner in this bear, we're flirting with a bottom at 446. NS I have some hard earned trend lines in my daily that point to ticking 665 and going for it if they're really serious. And by going for it I mean a full on 3rd impulse that'll put SPX double 1586 and a support there on the pullback.
Kept 74. lol
The low of the fed candle acting as resistance @ 869.50 at this point
5min. candle

Click image for original size
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I actually think they found a floor at 63.75 and aren't done buying it. I covered 66.75 for 7 3/4 handles to be sure.
Originally posted by SPQR

What sock-puppet nyms should we look out for when you troll proceeding threads of mine? You know, just as a heads up.

You wont last two days before creating another account.

Try an english class. Maybe they have one in Thailand. Also, most calculators have an instruction manual.

Just trying to be helpful.

you obviously see yourself as an urbane, metropolitan intellectual. The Oscar Wilde of trading perhaps ?
Which is odd, since in reality you're just making a fool of yourself.
More like the Alan Partridge of trading.

guys whys there so much hostility towards SPQR? if you think hes talking a lot of nonsense thats bound to hit bulls eye sooner or later then just ignore him.
because Feng, his last trade with us before his sabbatical the last few months was buying(supposedly)45 contracts with no stop. the market proceeded to tank immediatly 80 handles for what would have been a 180,000 dollar margin call!!! after a another week it rebounded to where he proudly proclaimed he was getting out at breakeven!! sigh... i have nothing against paper traders , but i do respect honesty. nuff said!
I said on that day after coming back from running from a hurricane, all or bust. Did you think I was serious? Really? I led you piranhas to that conclusion, becuase that was the image you wanted to ever-more know me as long before I mentioned it. And look. Like blood-suckers skippn' on a scratched 45".

I didn't think you were like them, Kool. FU

like i said, pal, i respect honesty. And its a shame because ive always felt you had a lot of valuable insight.fu
That's the second time you said goodbye to me, exile. I'm beginning to think I'm lugging you around like herpes.

I should note I'm hetero and not interested.

Bye (hopefully for good)