SPX Notes 2009

bayliner1979

Bingo!
Today SPX saw daily low at 678.

Bear's climax run is heating up.
Although $NYADV has positive divergence today, 678 is NOT the bottom.  It won't hold for long.  We will see 64x in days, perhaps in hours.
(1) If tomorrow another big drop, then the daily low of tomorrow is either the bottom or within 10 points of the bottom.
(2) If tomorrow Doji, then the bottom is still ahead to meet next week.

800 is the iron top before the OE.

If SPX goes to 740 tomorrow, clear all longs and calls.

Based on option distribution just available from CBOE, I am expecting a huge drop tomorrow, likely goes to 67x.
bayliner1979 发表于 2009-3-4 22:43

Niubao

Bingo.  终于等到agent smith 的 update了。 谢谢！

whzdf

谢谢!   

soulvirus

老大,这个底是越来越深了.

mab

Smith, thanks for your updates.
What is the picture?

bayliner1979

2003 Southern California big fire.
Big fire everywhere.

Smith, thanks for your updates.
What is the picture?
mab 发表于 2009-3-5 18:10

soulvirus

this fire image = the current situation in usa stock market

benmao

bucks

Thanks. Your 67x prediciton strengthened my confidence to short ( in FAZ) today even after a gap down. No profit, but hedged my position very well. Now, waiting for 64x.

KAI2002

Persistance

Thank you, Bay Lao Da!!!   Admiring!!!

ivymay99

thanks a lot.

开小差

501# bayliner1979 thx

weigoodone01

Diver

收到，多谢！可怕。。。。。。

The 0.0.7 chart for comparison of 06/2008 and status quo.
bayliner1979 发表于 2009-3-5 00:01

Amy999

小咪

501# bayliner1979


谢谢

lake3peat

Many thanks!

OrangeTea

like2swing

thanks a lot for your daily update.