tag:blogger.com,1999:blog-4878316162397365683.post7977255650786742396..comments2023-11-06T06:01:49.605-05:00Comments on Principle Analysis: an Elliott Wave Blog for Forex Signals, Futures Signals and Stock Signals: Other Indices Fading Away in Latter Half of Rally TodayUnknownnoreply@blogger.comBlogger11125tag:blogger.com,1999:blog-4878316162397365683.post-5715173865092542982009-10-31T13:17:09.243-04:002009-10-31T13:17:09.243-04:00Markus, that's really hard to say right now, b...Markus, that's really hard to say right now, but I expect the Dow to definitely be at a new low beneath 6,470 by Jan 2011, and I actually think it will be below that by June of 2010. If I had to guess, right now I think the Dow can be in the 3000-4000 area by Jan of 2011, but that's extremely speculative. I'm positioned to have the Dow and S&P at new lows (beneath 2009's) by January 2011, which I think is very likely in my opinion. <br /><br />Good luck<br />ToddToddhttps://www.blogger.com/profile/13808483934573587351noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-23290826067187932002009-10-31T12:48:24.840-04:002009-10-31T12:48:24.840-04:00Hello Todd,
how low do you expect the Dow to be i...Hello Todd,<br /><br />how low do you expect the Dow to be in January of 2011 (wild guess)? <br /><br />Thanks again, and good luck to you, too :-)<br /><br />MarkusAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-50760998916340092662009-10-30T17:10:24.906-04:002009-10-30T17:10:24.906-04:00Hi Markus,
I learned the hard way that it's d...Hi Markus,<br /><br />I learned the hard way that it's difficult to trade in and out of options even if you get the market analysis right. I tend to use spreads for short term options trades myself. But planning on this crash, and that the VIX would probably see triple digits, I bought Jan 2011 put options for my positions. "Normally" a terrible play, but this is not a "normal" decline.<br /><br />Good luck,<br />ToddToddhttps://www.blogger.com/profile/13808483934573587351noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-49397168338659561932009-10-30T16:32:50.901-04:002009-10-30T16:32:50.901-04:00Hello Todd,
thank you very much.
You are right. ...Hello Todd,<br /><br />thank you very much.<br /><br />You are right. I bought those options between 9300 and 10100, thought it would be a nice play. But as always: Time runs fast :-(<br />and the breakdown takes longer than anticipated. My fault (greed) :-)<br /><br />We will see....<br /><br />Maybe I sell them on monday and reenter at top of Wave 2 up. But the spread is damn high (around 20%).<br /><br />Have a nice weekend,<br /><br />MarkusAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-88057231195112289452009-10-30T11:55:33.070-04:002009-10-30T11:55:33.070-04:00Hi Markus,
You sound like an options trader :) T...Hi Markus,<br /><br />You sound like an options trader :) Time is always difficult to predict, however I can say that if the S&P high of 1101 holds, which I strongly feel that it will, then the Dow is very likely to break 9,000 by mid-December. <br /><br />Hope that helps,<br />ToddToddhttps://www.blogger.com/profile/13808483934573587351noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-27515123602071777802009-10-30T03:48:36.725-04:002009-10-30T03:48:36.725-04:00Hello Todd,
great analysis and graphics.
How do y...Hello Todd,<br /><br />great analysis and graphics.<br />How do you rate the chance of Dow below 9000 in mid December?<br /><br />Thanks in advance,<br />MarkusAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-69266109218295012872009-10-29T16:52:10.462-04:002009-10-29T16:52:10.462-04:00The strength of the rally today in the Dow and S&a...The strength of the rally today in the Dow and S&P definitely feels like a wave 2. Counting waves right now is very speculative; it's so early. A break of my wave 1 low at S&P 1074 won't eliminate the overarching bearish case, it will just cause me to relabel my count. Only a break of 1101 would remove my short term bearish stance.<br /><br />Thanks for the input!<br />ToddToddhttps://www.blogger.com/profile/13808483934573587351noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-37544332391464732992009-10-29T16:22:22.411-04:002009-10-29T16:22:22.411-04:00hi todd,
very cool charts.
i think current rally i...hi todd,<br />very cool charts.<br />i think current rally is 2nd wave, instead of 4th, same result just more bang! 3 of 3 of 3 coming up..imo 830??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-48883553845453541012009-10-29T16:14:44.551-04:002009-10-29T16:14:44.551-04:00Thanks Adan and Mart for your support. Mart, you ...Thanks Adan and Mart for your support. Mart, you can just click through the links if you find anything interesting. If not, no sweat! :)<br /><br />Thanks again,<br />ToddToddhttps://www.blogger.com/profile/13808483934573587351noreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-38270450611973527602009-10-29T16:00:40.914-04:002009-10-29T16:00:40.914-04:00Todd, I've only been following you for a littl...Todd, I've only been following you for a little while and I have to say that I'm very impressed. About the ads from sponsors, do I actually have to download the stuff or just click through?<br /><br />MartAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4878316162397365683.post-55342898215341131992009-10-29T15:04:08.642-04:002009-10-29T15:04:08.642-04:00great graphics - gives such a clear instructive lo...great graphics - gives such a clear instructive look<br /><br />thanks!adanhttps://www.blogger.com/profile/00710750989853277203noreply@blogger.com