techtrader

[techtrader @techtrader]

If you hadn’t already guessed it, the market proxy is Microsoft. An excellent representative of the market at large. Gone parabolic in relative terms on no fundamental change other than erosion of its absolute grip on the o/s hold. Stock should be in the $90 to $120 range

[techtrader @techtrader]

@CaptionElla @PeterMcCormack He jumped that shark a long time ago

[techtrader @techtrader]

Long time. Technical, fundamental, dart thrower, won’t make a difference. One look at this chart (market proxy stock will be revealed tomorrow) tells you what will happen, because sooner or later gravity wins

[techtrader @techtrader]

We will go back down to ~ $1150 on the cash S&P but then rally hard to a new target of ~$1425 by mid December

[techtrader @techtrader]

This was my call for Friday Sep 23rd, still carries through. New S&P cash target is $1030

[techtrader @techtrader]

One more up-leg left in this move that's devoid of any sense. Let's call ~150 the top which leaves us with $13 to go on the July's contract.

[techtrader @techtrader]

Deciding when to start shorting "Crude"