Tuesday, October 19, 2010

10/19 12:04

Shorted DJ futures 11,009.

2 comments:

  1. we may have already seen the top of the corrective move, but if not, let's see what happens at 12:43 eastern.

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  2. okay, that time was not significant. I've been playing with time ratios and very short term T's. The problem with T's is where to draw the centerpost.

    Some interesting ratios re the recent move down:
    Time of move down from yesterday's high to this morning's low was exactly 38 percent of time from yesterday's high to today's high of C wave (assuming C wave has topped).

    Time of move down from yesterday's high to this morning's low and then up to top first top of A wave (A wave looks like a double top although the second top could be its 5th wave) is exactly 50 percent of time from yesterday's top to top of today's C wave.

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