Wednesday, August 12, 2015

LOW finally close.




Email Monday close:
L"oo"ks like a short squeeze and momentum run today.I think we reverse most of it.
One thing that makes me suspect is that the indicators fast or slow didn't do that much..
Lets see.
Jerry

Tuesday night:   close
Tuesday did reverse and the indicators did move down.
I would like to see Spx 2044 to 2067 Wednesday to get this low over with. Depending on what happens Wed, low is either Wed-Thursday.

The system I use now has floating cycles, not static cycles. Some one once said to me I did a “what if” and found it worked on Elliot Wave.  I tried it on cycles and it seems to work. The bases is, that I know where the next high should be but you have to have a high, on in this case a low to complete the cycle before the next one starts.
Thus thinking the 14th would be a high, is now floating to 17th to 19th at least.

Question? What if the ATM’s were shut down, would you have enough cash.
You should have at least 3 months of cash hidden.

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