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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's tweet image. 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

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's tweet image. 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

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's tweet image. 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

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

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

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.


Deciding when to start shorting "Crude"


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