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So you must consder a 14% rally a parabolic and unsustainable outlier as well.

A move to 1500 is a bit more than noise. If you consider that a crash we are both showing our age.

Maybe. China had good pmi #s, mostly growth pulled forward like us. Eventually you run out of rope. War, fiscal cliff, boogeyman on the other end of the equation. We could be at 1700 or under 1500 in a heartbeat. I am betting on lower.

Need another shot at 1625 now. Think we take it out.

I have traded ovti for the better part of the last decade, once it's broken it's not worth my last squirt of piss.

I am sure this would never affect a trader who is undercapitalized or needs to eat what she kills now. http://abcnews.go.com/Technology/wireStory/financial-stress-hit-brain-wallet-20109330

Still holding one and after some thought adding one for tomorrow at 1638. Call me a parrot or broken record, still expecting a close much lower for the week. startraitor Registered: Jan 2008 Posts: 3396 08-29-13 02:47 PM added 41.25...

Eight years ago today since Katrina, trading then, still trading today. If I posted your numbers day in and out, maybe not. That is my autobiographical memory. Still expecting a much... deeper pullback now.

added 41.25

I have a spreadsheet to individually price the components and price the index. I can stretch it to low 13,000's to your upper targets without believing in unicorns. I agree with your targets but not before a much deeper correction.

Expect the close closer to the low than the high today

Short 41.50, add 43, stop 45.50 for the day.

I hear talk of support at 1625 but don't see it. I think overnight will get very sketchy and down 1.5-2% tomorrow.

10,000 plus hours of live market experience.

short 35.75 for the balance of the day.

Conditioned and anchored t buy the dip, this break should do it.

If we take out 1636 I think we get another 1% down this afternoon.

Sticking my neck out there, looking for a very strong impulse move to the downside for the balance of the week back to June lows.

Fast drop to 1600- this week.

Third person talk is so cool!