Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.
Wednesday, August 25, 2010
looks to me, buying a good last dead cat kind of bounce into Sep 15 is not a bad strategy, from what i see in the price pattern and cycles. keep a stop.
1st cycle up around Sep 1, pull back some, then finally up into Sep 15.
Adding charts. There won't be a crash at this round per my crash system and crash timing.
are there any blog bull left? (at least for the next 3 weeks).
Nikkei target: up from 8800 to 10100~10200 in 3 weeks, Sep 15.
ps. diamond / pyramid forecast on Aug 11 for both spx & vix met the target price both.