The New CS Board

[Oddlot]

Add $SPX shorts on stops at 2909 and 2898, with protective stops at 2934. Mkt is just above point where slope of 9day avg will turn negative, implying when it occurs that the 18day cyclic high has occurred. IF the lows are going to occur 9/10-9/16, then a high will have to occur. The cycles pertaining to those lows are of sufficient length and amplitude to imply a significant drop, which would then trigger statistically significant signals for further large drops. It's a daisy chain of signals and inferences, but that is the mkt...