°¿°

[Myself °¿°]

Saw that #msg-32254737 and even though we get these reprieves we are far from a bottom.
oex closed on the lows and the ma isn't near the horizontal line #msg-22085374 ...yet
Even after it gets there I've seen an additional 20 point spike below it intraday.
But we don't get to see it intraday anymore stockcharts killed that.
The problem with the daily (after market closes) is we don't know where it is until after the close.
... so if we make a huge spike down how will we know when the additional 20 point spike comes into paly as the ma makes an intraday dip under the horizontal line?

This has bugged me since it was killed because pegging a bottom within 5 points makes a big difference playing options when the I/V on everything is so high...... and then it drains as OEX jockeys around.
This forces me to go deep in the money putting more money at risk than I want, on a maybe, when I don't really know where we are until after the close.
Feels more like catching a falling knife.
This bottom will be tough for me to catch.
As far as timing I think it will be Fri-Tues
but thats tough to say if we get slightly green - green end of day closes between now and then.
S&P 100 ~ 10 #msg-15785468
OEX rsi wealth-lab chart #msg-30254105