As I mentioned yesterday, the pullback to 820 is due likely, but market is so strong it broke the fib .5 resis at 870 level today. What will happen next? continue going up or have a pull back?
1007 for S&P500 is likely the target for this rally. Or not?
原帖由 QQQ 于 2008-11-26 18:42 发表 a small abc for A (we are in it now), there will be 12345 for B and there will be abc for C to complete big wave B up.
I also mentioned the ABC correction in my prev post, however,1007 is still the target, because since the structure was completed, it doesn't matter how it stretches now.
原帖由 张无忌 于 2008-11-26 19:09 发表 Thanks, QQQ, your plan for today is perfect (in fact you are always)!!! can we discuss in your blog? i agree with you 3 wave up for big wave B, but I th ...
原帖由 张无忌 于 2008-11-26 19:09 发表 Thanks, QQQ, your plan for today is perfect (in fact you are always)!!! can we discuss in your blog? i agree with you 3 wave up for big wave (B), but I ...
Go ahead, John, to copy my blog here if you have time now, from last night's post plan to important comments on timing. I need to cook dinner for 俩 小皮蛋 now. will be back later。
Magic Q, maybe you are right. I just calculated correction ratio based on previous data. I suspect the correction wave will touch 830-825 if the nearest top is 920. The correction ratio is about ~10% in 2-3 days.
原帖由 uni007 于 2008-11-26 22:59 发表 Magic Q, maybe you are right. I just calculated correction ratio based on previous data. I suspect the correction wave will touch 830-825 if the nearest top is 920. The correction ratio is about ~10 ...
I see the correction is not more than 860 before see 950 area.
QQQ, Could you give some one who has access to your belog a right to copy your every day market view to here in a dedicated post? so for those who had no access to your belog also get a chance to read your summary for every day. I beg you.