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Strategies & Market Trends Humble1 and Swing Trading Friends

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From: candlestickit	2/2/2018 3:40:33 PM
	of 40219

Will Deutsche Bank be the 2018 comparable to Overend, Gurney, and Co from London that kicked off the Panic of 1866(last super blue blood moon). Stay tuned, going to be a wild ride

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To: candlestickit who wrote (28059)	2/2/2018 3:43:47 PM
From: Fintas	of 40219

I KNEW you saw it.. SMILE Fintas

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To: candlestickit who wrote (28063)	2/2/2018 3:49:14 PM
From: Fintas	of 40219

Keeping in mind that point drop -778 was from a much lower DOW. So those who have been expecting a 1000 point POP in the DOW could see it to the down side and even that's only 4% ish which pales compared to what happened in 1987 in a day. I love both sides of this game. Fintas

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From: candlestickit	2/2/2018 4:02:51 PM
	of 40219

Guess we'll have to settle for 6th best DOWN day in the Dow ever. That's ok, leaves something to strive for next week. Black Monday anyone?

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To: Fintas who wrote (28069)	2/2/2018 4:08:51 PM
From: candlestickit	of 40219

Absolutely. The point drops coming that will be seen in the headlines will be staggering, but only on 2-3% declines. Just waiting for the real deal!

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From: humble1	2/3/2018 5:06:27 AM
	of 40219

Crash #1 should take us to the trend line in the area of wave4 from the 3/6/09 low. I expect a break of that trend line before an important rally. My best case final retrace targets are SPX 1370 and SPX 1343 (see connections list in intro), a little over a 50% correction. No reason to discuss the worst cases right now. - charts by c. swenlin

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To: humble1 who wrote (28072)

2/3/2018 8:42:26 AM

From: Fintas

And on the other side of the playing field the DOW.

NOT to worry .. unless of course one bought the TOP in the DOW and many of the equities that were extended. This is the 324 VB let's see if it morphs to the 972 VB in which the count DOWN would start from 26244 and would require 2916 points. OH CRAP.. even at that look at how much room there would be to fill under.

Same is going to occur with the SPX as that 97.2 VB or 291.6 finally rolls over. Few have seen it. More importantly fewer are grasping the possible DEPTH.

Good work Humble

Fintas

17
		18
27540				27540
27216				27216
26892				26892
26568		X		26568
26244		X	O	26244
25920		X	O	25920
25596		X	2	25596
25272		X		25272
24948		1		24948
24624		C		24624
24300		X		24300
23976		X		23976
23652		B		23652
23328		X		23328
23004		X		23004
22680		A		22680
22356		9		22356
22032		8		22032
21708		7		21708
21384		6		21384
21060		3		21060
20736		X		20736
20412		2		20412
20088		1		20088
19764		X		19764
19440		C		19440
19116		B		19116
18792		X		18792
18468	O	X	•	18468
18144	A	•		18144
17820	•			17820
17496				17496
17172				17172
	16	17
		18

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From: humble1	2/3/2018 8:43:38 AM
	of 40219

Event Watch: Powell will be sworn in on Monday, with storms swirling everywhere. He could be making some kind of statement. For sure, he will be expected to appear in public soon and make comments and speeches. The most interesting time EVER in modern fiat history. My guess is that he will be tested like no fed chair ever, even Volcker. 1/26 + 55 days = 3/22 = his first rate decision + 1. down until then would make a lot of sense

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To: humble1 who wrote (28074)	2/3/2018 12:39:44 PM
From: seminole	of 40219

You must not remember the inflation Volcker tamed. My first investment, after grad school and before I ever bought a stock, was GNMA bonds with a 13 3/4 coupon.

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To: seminole who wrote (28075)	2/3/2018 12:59:38 PM
From: humble1	of 40219

I remember that quite well. That is why I said "even Volcker." And I said "even Volcker" because Volcker was a very well know and well respected economist and central banker. He had autoritas and gravitas. Powell is a nobody. A stupid choice by a moron. He might have true grit but this is not the time to find out. Bill Dudley was the obvious choice. Now he is gone, too.

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