Monday, 25 June 2012

12pm update - dumb bulls

The bigger cycles continue to warn of downside as far as sp'1225 by this Friday.

Mere hours ago, I'm reading endless 'wave5' complete chatter. A further 15pts lower on the sp'500, and I'm still reading the same nonsense talk. Those bull maniacs just don't want to look at the bigger picture charts.

Those insane bull maniacs need to stare at the following chart for a good three hours...

sp' daily9c



I exited earlier as noted, I merely now look for a re-short later today. Always hard to guess at what price level that might be, but the cycle will inexorably it already is..even though prices are still near their lows.

yours... merely waiting to short the next spike/bounce