Replies to post #32511 on The New CS Board

[ahimsak]

I agree, keep selling rallies for now. We are not massively oversold yet, but getting lots of indicators saying buy.

Had order to sell a ton of qqq short at 167.2, by time I got up and took care of my 4 year old, it was below 163.

New moon madness, think it could mini crash Monday, but high trin today and Tuesday, and positive tick over 400 both today and yesterday says a rally is coming. Oh, and .86 on cboe Equity call/put says bottom in within 4 days of Tuesday.

Last, before computers, I waited for 4th day after first big down move to buy again, which would say wait for Tuesday to buy.

[Oddlot]

SPX trying to bounce. This is day27 from the last 36day low, and the rally is likely to end 6-8 days from last interim high, due to superposition of 9day cycle on the longer ones. This is day4 from the high, so 3 or more days from here and a high becomes likely.

Holding lots of shorts, looking for collapse into a low below 2530 and potentially to 2475. I hope to reverse after the low, and short again after sharp rally.

Oddlot