Replies to post #33391 on The New CS Board

[etalors]

There is a strong possibility that as we reach critical levels (such as the upper band of the 18 day cycle)from where the markets will reverse. The fed will come in with more liquidity or accomodating language to bust thru these levels, leaving everyone spinning their heads and taking markets to new highs to squeeze the shorts. This had been happening over the past five years. No fundamental reason for markets to reach these levels except manipulation from the fed.

According to GS. 2 more rate cuts are expected within the next three months. maybe more next year. We could have new highs in august.

[Oddlot]

SPX the 36day cyclic low occurred with low of 2973 and close of 2976. Shorting 1/2 unit at 2969 if offered would be a start.
Oddlot