But Mr B...indeed Squire ...you are spot on....the 330... 500...550...660...830 numbers never fail....they never fail....any marketts ...any insttrument....anything.....listen to me...read my lips all of you....t...h..e...y....n...e....v...e....r.........f.....a....i.....l. fenks.
the dow...I placed a buy 517....took a quick 60 points bounce...the 500 numbers always work dudes...I cant see 330 today on Dow....but if 487 breaks for 1/2 hour then short it...367..330 next target....a little bounce may occur but so much tech damage is done...the whole trading world is thinking okay a cover bounce....what about Mom and Pop portfolios waking up today...they want out next...so they send faxes to their brokers and the brokers/funds have 4 days to exit pozzis...down we go....clank down we go...lets be honest is this impulse or fundamental stuff....? well its fundamental breakdown....no support in bear markets right.
that said...the yanks are illusionists...they will manufacture a bounce....smoke and mirrors.
Edited by ZoomZ, 07 January 2016 - 02:08 PM.