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Post by ipath on Apr 26, 2017 10:48:34 GMT -5
Thanks for the clarification Rob. I wrote last week that I would expect all of this to happen, then I said don't listen to me I am wrong more often then not. I will put on a bear suit if we get to 2460-2470. I also believe that selling call options on SP500 with farther expiration would be a good move.
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Post by ipath on Apr 26, 2017 10:51:37 GMT -5
Have you guys heard of Sandy Jadeja? He forecasted a market crash in 2 weeks. And he did make a correct call for major crashes. I read his article maybe 6 weeks ago and put the date in my calendar, just in case. His theory is based on time frames more than anything else.
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Post by theMist on Apr 26, 2017 10:53:08 GMT -5
Have you guys heard of Sandy Jadeja? He forecasted a market crash in 2 weeks. And he did make a correct call for major crashes. I read his article maybe 6 weeks ago and put the date in my calendar, just in case. His theory is based on time frames more than anything else. Never heard of him but will look into if you have link to article - would be fantastic
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Post by ipath on Apr 26, 2017 10:58:29 GMT -5
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Post by ipath on Apr 26, 2017 11:00:40 GMT -5
Please let me know what you guys think about. I also found it especially interesting when they talked about how Stocks are in the midst of a seven-year cycle that only comes around every 84 years, according to the chartist.
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Post by clinton on Apr 26, 2017 11:12:06 GMT -5
Have you guys heard of Sandy Jadeja? He forecasted a market crash in 2 weeks. And he did make a correct call for major crashes. I read his article maybe 6 weeks ago and put the date in my calendar, just in case. His theory is based on time frames more than anything else. Gp away in May. In a hurry edition.
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Post by theMist on Apr 26, 2017 11:34:32 GMT -5
Please let me know what you guys think about. I also found it especially interesting when they talked about how Stocks are in the midst of a seven-year cycle that only comes around every 84 years, according to the chartist. Interesting how he singles out May 11th which is few days after French Presidential Election. And I will mark down that date. He's not the first chartist that I've heard of that compares the cycle we are in to back to Great Depression Days. Here's a Perma Bear Chartist : stockcharts.com/public/1092905I think the fundamental difference this time around is that we have the plunge protection team (Fed and Trump) in place lol IMO - I think its too early to make disaster calls just yet I'll post SP weekly chart and 4 HR chart to show the bull trend we are in and the potential Bearish pattern that can take SP back to SP2100
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Post by theMist on Apr 26, 2017 11:43:15 GMT -5
SP Weekly ChartSP weekly chart shows bull trend off March 2009 lows along with large iH&S pattern (formed from around 8/2015-7/2016) w/target of SP 2470ish SP 4 HR ChartShows large and small iH&S patterns w/targets along with large bearish RISING WEDGE S&P broke out sideways from large bearish RISING WEDGE and I believe once SP hits 2460-70 target it will become very possible for that large bearish RISING WEDGE to play out. RISING WEDGE would put SP back to where it started at around SP2100
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Post by walnut on Apr 26, 2017 12:31:18 GMT -5
I don't know if I trust men named "Sandy". That is a strike against them to begin with
In my experience knew a primadonna named Sandy haha
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Post by ipath on Apr 26, 2017 12:43:19 GMT -5
I don't know if I trust men named "Sandy". That is a strike against them to begin with In my experience knew a primadonna named Sandy haha lol I think he is Indian. So Sandy is probably the closest it comes to his original name
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Post by ipath on Apr 26, 2017 14:15:43 GMT -5
Where is everyone? We finally have a healthy contango and all the VIX SCAM short sellers disappeared
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Post by walnut on Apr 26, 2017 14:26:55 GMT -5
How do you sell this though? it is hard today.
VXX at 15.17 see what I mean.. very neutral vxx day
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Post by lasvegas77 on Apr 26, 2017 14:58:49 GMT -5
Where is everyone? We finally have a healthy contango and all the VIX SCAM short sellers disappeared Enjoying the market negative reversal from the sidelines today.
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Post by theMist on Apr 26, 2017 16:45:39 GMT -5
Where is everyone? We finally have a healthy contango and all the VIX SCAM short sellers disappeared Looking for a little better pop to short into
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Post by huh on Apr 26, 2017 23:15:24 GMT -5
I'm not into individual candle meanings, but for those who are, those gravestone dojis in all 3 indices gotta be concerning - especially since they occurred very close to the previous all time highs, at least in S&P and DJI.
Though a potential sign of trouble, I still think the real test is with S&P 2375
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