was today the top of the bear rally?

[LT701]

Quote from makloda:

Interesting in the light of your bear market thesis isn't it?

the title and first post were tongue in cheek

it is, though, an 'inside day' thus far

 

[Aaron Copland]

Quote from HolyGrail:

Who knows? We might have a repeat of yesterday this afternoon.

I think not. New highs on order.

 

[HolyGrail]

Quote from Aaron Copland:

I think not. New highs on order.

I'm counting on those new highs.

 

[LT701]

Quote from Landis82:

Looks like it is a TREND DAY into tomorrow's expiration. Wouldn't be surprised to see a move back down to the 40 day MA in the SPX after expiration. That would be re-testing the lows at 1383-1384 SPX.

what would be their likely target for expiration on spx?

 

[bh_prop]

Well, the "bell ringer" trade worked again. The EWI call for wave 3 down resulted in new 24 hour highs for mid caps, and S&P thus far, perhaps by the end of the day we can say all major indices. Amazing how bad their timing can be. Yeah, it's real bearish when the upside leadership comes from the high beta sectors - lol.

Quote from LT701:

Eliiot Wave International's 'got it all figured out'

yet somehow, they are notorously wrong in their calls (in their primary wave counts, anyway, LOL)

 

[Aaron Copland]

Quote from HolyGrail:

I'm counting on those new highs.

Presto!

 

[LT701]

check out the hook, while my DJ revolves it