Measured-Move Complete at 1375

Quote from caddyshack2006:

even though he's a dick head i have to agree with gostzapper.
wagie dude makes one call 15 minutes after the low of the day. the market was already coming back when this stooge yells out rally.
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Your reading comprehension is seriously lacking.
You, my friend are the one that is a stooge.

The "call" on the low for this move at SPX 1375 was made on August 10th, right here:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1563485&highlight=128#post1563485

Thanks for playing!
:D
 
Quote from austinp:

1375 zone had several layers of highly relevant price magnets to offer support on the first test.... which will not be its last :cool:
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Perhaps, but I'll take a 75 point rally in the SPX in a span of an hour any day of the week!
:)
 
<i>"Perhaps, but I'll take a 75 point rally in the SPX in a span of an hour any day of the week!"</i>

Amen to that... it was a fun-filled afternoon. Now selling every break of today's gift to traders.

Was long 1410.50 = stop 8.50 around 7am and walked away. Stopped out by a couple of ticks, then they lifted a tad at 8:15am without me.

That, and the decision not to buy 10 - 20 SPX Aug 1400 calls at the lows yesterday cost me a few missed $$$

It's a pretty deep trough we're feeding at these days :>)

*

Excellent calls at both turns, btw. Of course you realize that TA doesn't work... there are informative threads elsewhere in here that plainly warn you about such. So, in the future don't bother wasting time with those price measures & projections of yours (monstrous belly laugh)
 
Quote from Landis82:

The "call" on the low for this move at SPX 1375 was made on August 10th, right here:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1563485&highlight=128#post1563485
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Quote from Landis82:

1503 was a fib retracement number.
The rally terminated there and then the market resumed its decline.

The first leg down was 128 points.
Subtract 128 from 1503 and you get 1375

Take a .618 fib ratio of 128 and you get 79 points.

1503 - 79 = 1424

Two possible targets on the downside.
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This "call" was made after the market made a low last week of 1429.7. The call includes TWO possible bottoms. If the market rallied up the wazoo this week, waggie/landis still would have claimed victory w his other target of 1424 (since the S&P already made a low of 1429.7).

waggie, you are a true loser and piker. To pull out this post which gives TWO scenarios, saying "look I got it right" is reprehensible. You are the ultimate loser.
 
Quote from ghostzapper:

This "call" was made after the market made a low last week of 1429.7. The call includes TWO possible bottoms. If the market rallied up the wazoo this week, waggie/landis still would have claimed victory w his other target of 1424 (since the S&P already made a low of 1429.7).

waggie, you are a true loser and piker. To pull out this post which gives TWO scenarios, saying "look I got it right" is reprehensible. You are the ultimate loser.
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good post zappy, even a dumbass can spot an even bigger dumbass like the elliot waver known as waggie/landis/sispuede.

this cockbite is now takin credit for the surprise cut, ah what the hell, let him do another lap in his open limo'd ticker tape parade. what has me dry heavin is all these lemmings atta boyin him.

shack
ps. austin 20/20, i'm glad to see you attackin this POS wag/landis/sisepeude
 
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