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Replies to #33805 on The Black Box
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wahz

02/25/08 4:51 PM

#33806 RE: rayrohn #33805

i like the charts you have been posting. Thanks for those
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satorino

02/25/08 5:12 PM

#33807 RE: rayrohn #33805

you can buy sons april strike 5 calls for 10-15 cents.

i wonder if they will be still at those prices on Feb 29.

we shall see i guess.

sat.
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dieselfuel

02/25/08 6:03 PM

#33811 RE: rayrohn #33805

"if u look at a monthly chart this big bad pull back don't really look that bad...."

I know, but if you understand where we are in relation to time and demographics, and keep that in mind when viewing that chart, the NASDAQ looks to me, like we're in the last rally before a crash.

This rally will take the NASDAQ to 3600-4300 and then crash. Right now, it looks to me like the NASDAQ is in an EW wave4.

The crash will start late in 2009 and bottom sometime between 2012-14.

Markets will lose 90% of their value.When that happens, buy a healthcare ETF. You'll do fine.

Again, JMO, and I'm no professional, just an average Joe. :>)