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Myself °¿°

08/14/09 1:35 PM

#40125 RE: chichi2 #40115

Your 60m chart candles are clearly below the cloud now...
60 Minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=0&dy=23&i=p89869588467&a=170974249&r=3289

Are we simply doing a classic old fashion Friday sell off to graph a down week the week before options expiration
with an up week coming during the week of expiration...
I would like to see the VIX daily/weekly revisit the lows if not print lower... #msg-40373797 VIX SPY QQQQ d/w/m
vix 60m BBands are now 1 point wide! (25~26)
What do you make of all this chi?
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b42

08/15/09 1:06 PM

#40129 RE: chichi2 #40115

The ONLY red month in 2003 was August after the jan-feb 2003 bottom. And MERELY an spx 50-point swing at that. EVERY other month was white candles including jan of 2004. For those of you looking for the ''last chance to get in correction,'' we already had it. It's over. It's gone. On CHI2's weeklies it's called 'large wave 2.' Woe to those who take the cnbc bears seriously. Dennis Kneal and Cramer are right ALL ALONG and all the bears are wasted upon the pile of dung heap formed by the earlier shorts. The first 6 months of 2004 was a bit tough for bulls. Spx From 1160 in feb to 1060 in july. But by november of 2004 spx was 1220. Next year ended 1300 and by 2006 ended at almost 1450. Good Luck All. All the monthly T/A is now ''go'' IMHO.
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chichi2

08/21/09 10:29 AM

#40219 RE: chichi2 #40115

Today, we Confirmed we are in Wave_3_of_Large_Wave_3,_a_real_sweet_spot.>>>

it is Wave 3 of the Large Wave 3, we completed Wave 2 which was the corrective wave.

see in particular, the Weekly $SPX chart.

charts are available continuously by Chi2 at top Post page.
or
just click replied to msg here.