nope. it's when C started to implode. after the C deal was made public, C actually traded up. then it started to fall. then it went into a death spiral to 1.22, with BAC along for the ride, followed by everyone else to a lesser extent. ES broke spt and the stops blew it to 729 in a heartbeat.
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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nope. it's when C started to implode. after the C deal was made public, C actually traded up. then it started to fall. then it went into a death spiral to 1.22, with BAC along for the ride, followed by everyone else to a lesser extent. ES broke spt and the stops blew it to 729 in a heartbeat.
How did I come up with the 2013 target? See for yourself. The first chart, which you saw above, is the log chart of $SPX. The second chart is a boring old standard chart. Click on the two charts to see the lines in detail.
<center>
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2324183" height="600" width="800">
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2324590" height="600" width="800">
Click to enlarge
</center>
<center>
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2324183" height="600" width="800">
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2324590" height="600" width="800">
Click to enlarge
</center>
Anybody here looking for 787.00 today ? 
Quote from Pekelo:
This thread is officially in the outhouse. Time to close shop...
"Hey Joe, can you see all the good posters down there?"
Your comment is a bit unfair because we were just commenting on a tragic scenario, and that doesn't make one a bad poster.
Are good posters only supposed to speak about S&P 2000?
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