Here is why the market will tank.. huge divergence

zf trader · Nov 10, 2005

I would wait until the new year to short the board indexes. I can see both January and February being big time down months as the fed raises rates and energy prices go up. I think we could see ES around 1180 or so down from December's peak of 1245.

gharghur2 · Nov 10, 2005

Both of your scenarios are possible
I'd just like to see the rally last till Jan

Walther · Nov 10, 2005

Quote from Mike805:

In other words, I do not see any decisive direction as of now, BUT all that consolidation from 106 to 107 seems like a comfort zone.

Mike

Important cycle will be completed around 12-20-05, that is why there is no clear direction. If price is to be significantly higher, 107 must be touched within a week, if not, strength is not there .

mhashe · Nov 10, 2005

Quote from Walther:

Important cycle will be completed around 12-20-05, that is why there is no clear direction. If price is to be significantly higher, 107 must be touched within a week, if not, strength is not there .

what cycle you referring to? some type of astro cycle?

areyoukidding? · Nov 11, 2005

classic...

Mike805 · Nov 11, 2005

Just hit 107. Fading volume on a Friday (what else is new?).

Does anyone smell a pull-back?

Mike

Walther · Nov 14, 2005

Quote from mhashe:

what cycle you referring to? some type of astro cycle?

No astro for me. I have my own methods how to determine cycles completion

Walther · Nov 15, 2005

Quote from Walther:

Important cycle will be completed around 12-20-05, that is why there is no clear direction. If price is to be significantly higher, 107 must be touched within a week, if not, strength is not there .

Well, we got 107 so strength is here. shorter cycle will be completed on 11-23 or 11-25 where there is a conjunction point of several cycle methods.