I do know dgabriel, Today is the day, I'm certain of it. I will await confirmation when we get a new weekly high.
Lundy, Market thieves who try to steal from the market by catching a turn BEFORE one actually occurs are usually caught as a result of their greed.
I use alot of different types of analysis, and I combine them to get pivot points. I'm not irrationally saying this is the day. It's a very rational thing. read this post from weeks ago. http://www.elitetrader.com/vb/showthread.php?s=&postid=76849&highlight=978#post76849 now look at todays low.
I just read through some of the last pages of this thread, and many of the posts support my theory of "why bother picking direction"..."just trade".... No one knows direction, no one will ever know...and if you put your money or your mouth on a specific prognosticaton, you may lose the money, and more importantly lose part of your face (small joke)... There are always "reasons" "excuses" "well, I was right, except for's" ....and all the rest... I am so much more mellow simply trading, without worrying too much about direction. You guys are having some fun, however...or at least it seems that way.. Don BTW, 7:20 Pacific time, June 26...200 point down opening, "rally back" a bit, another "sell off"....criss crossing 9000 instead of 10000 for a while....how are your positions doing....??
Sorry if I sound rude...(and with all deference to my friend Joe DiNapoli), but are you kidding me....Fib numbers....everyone knows the flaws there (even if you do believe in this type of thing). We are all having fun with the predicitons, and as it was stated before, you may be right someday....but in the meantime...fortunes could be lost. Take it easy, just trade 'em....who really cares about picking direction?? Have some fun!! Don