your an absolute guru........., page-6

BlueIce

I haven't done my EOD analysis yet.

I can say a couple of things.

My intermediate timeframe has now given its first sell since a buy in Sep lat year.

That is not infallible and often produces a rally that does a bit of a whipsaw buy/sell soon after.

However I can point to '87 where the sell was 2 days before the crash day and I ignored it, expecting a rally and was lucky to survive.

This seems the wrong seasonal time for something like that, but I mention it only because I hope I'm not stupid enough to repeat a past mistake.

Today is 135 cal days from the March low and we hit a 50% retracement of that rally so I can't rule out new highs ahead, but time is running out IMO.

I guess that doesn't answer your question about Monday.

Trying to predict day to day market movements is beyond me.

The times I expect the worst aren't and vice versa.

I don't think this fall is over most likely, and am thinking 5750/5800, but we may see just a bit of an early rally tonight and continued fall, or a few days of weak rally.

That probably doesn't help you much, but I try to focus on the bigger picture and not try to over finesse.

Others here are more astute to the short term, although like the rest of us they have their good periods and times when you can't take a trick.