tag:blogger.com,1999:blog-12333088.post4684551034476987121..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Headed for 870Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12333088.post-32459687685695469622009-07-02T17:13:04.357-04:002009-07-02T17:13:04.357-04:00Good call on the range today. Market is very toug...Good call on the range today. Market is very tough on trend traders as it really has been a range trade since May - not fun, unless you are a real contrarian day traderDenali92https://www.blogger.com/profile/13030620174489254267noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-90606106165098047692009-07-02T16:30:20.383-04:002009-07-02T16:30:20.383-04:00Hi carl
just a though here but something i have be...Hi carl<br />just a though here but something i have been watching for months now <br />the pattern from the 2007 top could very well be a very large inverted 3 peaks domed house pattern ( a bearish pattern )<br />if this is so then we most likely <br />completed point 3 in march 2009<br />point 4 is now complete and we are heading back towards the 2002 lows <br />on the dow near 7100 in point 5 <br />then a bounce in point 6 into early 2010 and point 7 in mid 2010<br />then points 8 9 10 up towards 12000<br />into 2013 . hence we may find ourselve in a sideways trend for the next year with the dow stuck <br />between 7000 and 8800 9000 <br />joeAdsensehttps://www.blogger.com/profile/08031892140855200123noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-30237404406001147862009-07-02T15:41:38.285-04:002009-07-02T15:41:38.285-04:00hit carl
The desire to buy lives on today despite ...hit carl<br />The desire to buy lives on today despite the decline the advance decline chart on the nyse has been rising all day <br />joeAdsensehttps://www.blogger.com/profile/08031892140855200123noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-88342111085875679052009-07-02T11:20:35.834-04:002009-07-02T11:20:35.834-04:00Carl, heading for 860-870 can happen only if the J...Carl, heading for 860-870 can happen only if the June 23 low of 884.25 is broken. What if it is not broken and the market turns around. Are we then heading back to 965-980? Or, is going to 860-870 a prerequisite for the rally to 965-980?Anonymousnoreply@blogger.com