Replies to post #592760 on Zeev's Turnips Patch-No Politics (ZEEV)

[Threeflight]

Thanks, that would equate to a roughly 100-150 point Nasdaq decline and a 400 point Dow decline.

Will be interesting for sure. I grabbed some APPL, QQQQ, NWA, and FNM puts towards the eod today.

[Threeflight]

Jim, lets see if the Unemployment report and oil moving up will be the catalyst to head towards your lows next week.

[*~1Best~*]

~~ 6/6/08 ~~

Posted by: __1Best__
In reply to: JimQuinceH who wrote msg# 592534
Date: 6/2/2008 1:07:28 PM
Post #

6/6/08 +/- is a pivotal cycle date, not necessarily "low" per my cycle analysis.

[gravity]

"THREEFLIGHT, As I stated earlier, the "Cyclical Low" that runs every 39 or 40 trading days, is due next Monday (the 39th day) OR next Tuesday (the 40th day) since the last "Cyclical Low". Also we have Weird Wally Wednesday due next Wednesday, so it is possible that the "Cyclical Low" could come in a day or two late and arrive on Wednesday, I don't know which of the three days it will occur on."
______________________________________________________________

Jim, It's amaizing to watch your calls unfold. Now I find myself wondering what 'event' will coincide with them...
best
al
edit FXP hit my first sell (1/2 position) today @ 74.80...finally.
That 46.20-.22 VLO was a third position for me.(not often I catch a lod)




I don't do earnings plays... long...

[Threeflight]

Well you got your prediction right...all in one day! :) S & P closed at 1360 right where you said it would. I know you said the fall would be followed by a gradual rise in the general markets...still sticking to that?

Great job my friend.

[cdseller]

Jim Your cycle work continues to be of enormous help to my trading. I can't thank you enough for sharing your methodology. Please keep posting your thoughts.
I'm guessing that June 9 was the low despite "weird wally wednesday" ahead.
Couple of other tells:
1) S&P down today while XLF green??
2) Oil up again while DUG green??

Not jumping in with both feet yet but nibbling. One would sort of expect a hammer candle to mark the low day, no?

Thanks again & good trading!
John