Tuesday, December 01, 2009

Goodbye “Three Drives”

fantasy-10

For moon phases believers – tomorrow is full moon, may be we’ll get some good ‘ole fashioned Obama style “change”, may be even few quarters of change, wooden ones AND market will orderly go down from the highs of w2 of possible new sequence down.

 

Anyhow, last week was a total roller coaster, up 2 days, down 3 days, up… you all saw that picture.

Here is what it was in light of D-Wave and 3 drives pattern (which is “no more” and so far what I said on November 18th:

“What am I saying is that, yes, market might and probably will go higher, but for the purpose of “3dp” conversation – I think this “current hump” is finished.”

held water 100% )

 

Here is chart ( 2 charts, but second is just a zoomed version of first) to demonstrate “departure” of “3 drives”

 

Entire “3D”

2009-12-01_2048

 

Zoomed A-B-C of the chart above

2009-12-01_2130 

 12/02/2009

Futures approx. BO

 

 

Daily Range Projections

Low

High

/ES

1100.50

1120

SPX

1103.57

1117.26

/NQ

1778.75

1811.50

NDX

1784.90

1800.91

/DX

73.995

74.794

 

And to finish up on my usual upbeat note – here is a brand new 2009 shopping video (I don’t know how credible that video is – looks quite real to me)

 

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