Market Outlook

This had potential. What a shame.

 

So today:

ES future up 6.25 points.
GrandSuperCycle down: 10 (first short)+8 (long) +13 (second short) = 31.

I assume this loss is well documented on your blog GrandSuperCycle.

If someone told you that the futures were up 0.5% and they lost 2.7% what would your first thought be?

 

I might be willing to take that bet.

 

Wanna take a bet on where the 480 day es chart will be tomorrow when we wake up?

 

His or yours?

 

His. My opinion is worthless, but I admit that.

 

Well that makes three of us, two of which admit it.

 

Ha. Don't mock him. He has a blog and a technical analysis system.

 

SP500 / DOW daily chart is extremely overextended again, thus ensuring the inevitable correction should be substantial.

ALL TRADES POSTED HERE:
http://stockmarket618.wordpress.com

 

SP500 buy support returns yet again...