RE: [RT] Possible crash in next 5 days

["Jim Ross" <jrosscpa@xxxxxxx>]

Hmmm, are you asking me?  I was not predicting a crash only reacting to another’s comment regarding DJIA 4500 with which I do not agree.  I continue to see clouds forming.  Hard down very soon into Feb 18 (Robert McHugh phi date) or so then up hard into mid March (Martin Armstrong PEI turn date and McHugh Phi date). Down move will test Nov 2008 lows and possibly 2002 lows.   JMHO.  Sorry to disappoint your spiking the ball in the end zone.  

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of CH
Sent: Tuesday, February 03, 2009 10:53 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Possible crash in next 5 days

 

 

So..., did the market crash... ?

 

on the contrary – it stabilized yesterday at around 815 (for SPX) and is going up now

 

 

From: CH [mailto:chagglof@xxxxxxxxx]
Sent: Friday, January 30, 2009 2:27 PM
To: 'realtraders@xxxxxxxxxxxxxxx'
Subject: RE: [RT] Possible crash in next 5 days

 

monday will be a cit low but not a crash, spx target around 815

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Jim Ross
Sent: Friday, January 30, 2009 2:10 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] Possible crash in next 5 days

 

Wonder what the market will do with CA defaulting on tax refund checks come Monday.  I don’t see 4500s this early in the game, but I can see some Lehman like clouds having already formed.

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of CH
Sent: Friday, January 30, 2009 9:06 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] Possible crash in next 5 days

 

yes, but he is talking about it everywhere, lol...

 

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Howard Bernstein
Sent: Friday, January 30, 2009 8:55 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Possible crash in next 5 days

 

Looks like you're the only one talking about 4500 in the next few days........


-----Original Message-----
From: ddwilliams@xxxxxxxxxxxxxxxxxxxx <ddwilliams@xxxxxxxxxxxxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
Sent: Thu, 29 Jan 2009 11:28 pm
Subject: [RT] Possible crash in next 5 days

The behavior of the market over the last two days is scarey! There is the STRONG possible of a crash and new lows within the next 5 days. As I have said in the past, this market could botton around 4500. Of course "could" is the key word here, but the mere fact that we are talking about 4500 "could" be the low is scarey in itself. Please keep this in mind when trading over the next 5 days.

 

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