RE: [RT] sp500

["Terry Rhodes" <trhodes3@xxxxxxxxx>]

1080 is a very bold prediction. We haven't touched that at any point in this consolidation, the last test of the consolidation low was emotional and there was no energy in any down move the following that.

 

regards,

 

tbr

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From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ben
Sent: Monday, December 14, 2009 8:35 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] sp500

 

Low 1080 12/16-12-19

Hi

1140-1145      1/2/10-1/4/10

Ben

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From: realtraders@yahoogroups.com [mailto:realtraders@yahoogroups.com] On Behalf Of Terry Rhodes
Sent: Monday, December 14, 2009 11:03 PM
To: realtraders@yahoogroups.com
Subject: RE: [RT] sp500

 

I'll take the other side of this bet. Actually, I already did. Isn't another interpretation that we are just breaking out of a 6 week consolidation pattern?

regards,

tbr

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From: realtraders@yahoogroups.com [mailto:realtraders@yahoogroups.com] On Behalf Of Ben
Sent: Monday, December 14, 2009 7:48 PM
To: 'Ronald McEwan'; realtraders@yahoogroups.com; astrofin@xxxxxxxxxxs.com
Cc: 'Vince Donovan'; panda2222@xxxxxxxxx.net
Subject: [RT] sp500

Attach is the market barometer

Notice on left side of chart when the 2 dashed lines were ABOVE price line(Barometer lines)

(Price line is the red connected dots)

Today, we closed at 6 month high, unconfirmed by market barometer,

To make matters worst,

Notice last 4 peaks we lower picks, with higher prices

This is a QUADROPPLE divergence

Does it mean we crash tomorrow?

No

But sooner than later

Ben 

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