NOW IS THE TIME...come on bulls time to step up to the plate

[#1]

What happened to all the big mouthed bulls from last week....I suspect they will all desert each other in their greatest time of need. Top 40 below 30k before you can say Rump steak..

[SimonPB]

really ??

[#3]

no not really possibly...

[#4]

but yes it really is time to step up to the plate...just make sure you dont get sucked in by a dow gap close or something (Like Friday).

[SimonPB]

think you missed the point .. but anyways tis coffee time ..

[#6]

oh sheet ...and I still wanted to say RUMP STEAK! what was the point Simon?

[#7]

our intermediate target of 29950 hit

[#8]

2nd target?

[#9]

299750 set last week if you racell....we need to watch for a retest of 30K and a possible dow gap close attempt...but with a 500 plus point buffer we can afford a bit of a retrace with position size reduced.

[#10]

probably make that 780 or so to ensure we are taken out as the target approaches...will asesss as we get there.

[#11]

S4 pivot is 29888 so that needs to be watched as well.

[#12]

On the global front, everything is falling. Italian bond auction not a nice picture. My consern is that the ALSI RSI is below 30. Can it go even lower?

[#13]

I have sort of the same, watching close with stop enough for small bounce

[#14]

yes but it may cause us to bounce.....But I thought everything was so great in the world last week? all the data positive....everything on the up and up...not directed at you just maiking the point about the Vix and complacency again.

[#15]

For us to extend the losses the Dow really needs to extend beyond this major support around 12560ish. As always no analysis of the top 40 is complete without that before that level si resolved expect a lot of volatility.

[#16]

for sure..where can one get DOW graphs! I usually just watch Bloomberg but useless..

[#17]

this vid talks about those Dow levels but it should really be seen in conjunction with the terminating diagonal video in which we show how the target is calculated.....(Its free BTW)...http://www.realchartist.com/videos/free-videos/312-26-jan-2012-we-have-a-127-extension-completed.htm...

[#18]

see DOW below 12560 on 15 minute delay.

[#19]

Natrass,,,everything is available for free if you know how...mail me [email protected]

[#20]

and by that i mean apart from your hardware (which is a PC basically) you should not be paying for software/live feeds or the even the priviledge of having an account open. Nothing illegitimate you just need to lift the veil from your eyes