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- gene22 replied May 23, 2008
LOL, yes you are the best indicator, as far as GJ goes wouldn't mind at all a comeback to 206.30 area and I feel that my wish will be granted, lol call me crazy but I see some very predicatble behavior for this pair going in to next week, the last ...
Wall Street close watch
- gene22 replied May 23, 2008
SL, stop trying to count the damm yen, simplify, bearish triangle anyone? Yes I know we could still go to 106-107 areas, do I care? I would be extatic, jumping with joy if that happens, chances are slim though I think, very very slim. Hmm count the ...
Wall Street close watch
- gene22 replied May 23, 2008
SL, honestly, you out of all people, hmm That is something, my friend do not despair. See if you can answer this question does it seem right to you that the carry at the moment is completelly disconected from the indexes, does it?! I'm no genius but ...
Wall Street close watch
- gene22 replied May 22, 2008
I must say it's been an interesting couple of days, looke like the dow had made the end of wave 2, and wave 3 should accelerate lower within the week or so, geppy on the other hand, together with the other carry related paires is refusing to fall, ...
Wall Street close watch
- gene22 replied May 20, 2008
The only thing that I can understand from todays action is that tomorrow is a tripple interest day and no one wants to give up the carry, that and perhaps, after pouring over the charts for a few hours, that the true reversal on the carry paires ...
Wall Street close watch
- gene22 replied May 20, 2008
Well yes the lower low on the geppy is a bit more likely than the one on the euro /yen, the problem is we are running out of time and quick, so far the dow 5 min looks text book perfect, impulsive wave down, i want to se aclose below 12715 for a ...
Wall Street close watch
- gene22 replied May 20, 2008
Now this is quite interesting, the DOW has an impulsive wave down, it does look like the turn had taken place, a break below 12715 would confirm it, the carry is moving up, hmm very interesting, looks like there is a reluctance to sell before ...
Wall Street close watch
- gene22 replied May 20, 2008
Looking between tomorrow and friday, to start the first leg of the fall, also looking at acceleration at the very beginning of June, extremelly sceptical that we will see new lows on the geppy or the euro/yen cross soon, but we shall see, it looks ...
Wall Street close watch
- gene22 replied May 20, 2008
Hi Sl, here is one of the charts that I finally found on my computer, a little disorganised, let me know if yoy want a detailed daily as well, will look some more. This is one is not mine but my view is exact with it so I had saved it a while back ...
Wall Street close watch
- gene22 replied May 19, 2008
LOL, buying yen sounds better than dumping dollars for now. Vix is really low, but had ticked up today 3% this really looks like the come before the storm, we shall see, those ranges are anoying, tradeable sure, but still amazingly annoying when the ...
Wall Street close watch
- gene22 replied May 19, 2008
Hi SL, didn't forget about the charts, was a bit busy will post by tomorrow some time, as far as the resent action, I think this may be it, the only problem is that, as funny as it may sound even though I'm positioned on a short side for now (carry ...
Wall Street close watch
- gene22 replied May 16, 2008
It is light, and it is the only silver lining at the moment, I'm very bearish, but, and again but, if some key levels are violated and we are very close to them, some 3 trillion dollarts sitting on the sidelines in cash will pour in on a simple ...
Wall Street close watch
- gene22 replied May 16, 2008
Hi Sl, I have the count somewhere on my computer for the yen will dig it out over the weekend and try to post it here, I glanced at yours and it is more or less correct I have the one that's done on a monthly, weekly and daily will post it as soon ...
Wall Street close watch
- gene22 replied May 16, 2008
Those are my thoughts exactly, the only thing that gets me a bit, tiny, tiny bit worried right now are the seasonals if you know what I mean. Ideally in a normal bull market you sell in may and forget it as the saying goes. Right now though ...
Wall Street close watch
- gene22 replied May 16, 2008
7191 on the Dax should he a line in the sand, time wise and structure wise I see almost all of the signs pointing to the beginning of a huge meltdown, the biggest leg to date in this bear market. It is possible for the Dax to reach as high as 7444, ...
Wall Street close watch
- gene22 replied May 15, 2008
Well, 230.30 on GJ would be a slam dunk. lol. I think you meant 203.30, that surely would be nice, so far I see carry hanging on by a thread, moves on the majors are also beginning to develop, from the looks of things though I don't think we start ...
Wall Street close watch
- gene22 replied May 14, 2008
Ohh, forgot to add, I still am confident that the Dow will crashh and take the carry with it, the only prblem that i see is time, either we had started the leg lower or it will commence sometime around the beginning mid june, not to happy with the ...
Wall Street close watch
- gene22 replied May 14, 2008
Well, the market does look a bit whacky, no argument there from me, I see some shifts going on, don't like the action on the cable anymore, will start considerring bying around the big 50 fib, so far it looks pathetically weak, inmo very deceptive, ...
Wall Street close watch
- gene22 replied May 14, 2008
Well 20 gmt on cable had no reaction yesterday and that has me a bit concerned as it might indicate a very heavy underlying currents for the pound prssing it down, I will watch the price action, by the end of this week or at most beginning of next ...
Wall Street close watch
- gene22 replied May 13, 2008
Hi SL, soory for no update but was away from the computer, here is my current view: As far as the Dow, i do think that we might, I emphasize might be entering a most powerfull 3rd wave down, i have an important day for the Dow on the 18th, that ...
Wall Street close watch