SPX and DAX dialy update

Tuesday, February 24, 2009

I'm back from my weekend (fantastic days of pure relax) and this nigth i will do the SPX and DAX dialy updates.

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Good weekend

Saturday, February 21, 2009

It's Carnaval period and i will do some samba rest in Algarve. A great weekend to you all. Take care.

In the meanwhile stay tuned for some great hard rock provided by my friend Brian Kroll. Hope you like his band.

http://www.myspace.com/mysonthebum

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SPX intraday (Part 2)

Friday, February 20, 2009


My conservative count for SPX.

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SPX intraday update (Part 1)


This is my two cents for SPX. I don't see yet the micro wave iv so i expect some up side to complete this micro wave and maybe another downtrend wave. Similar count to DAX.

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DAX intraday update (Part 1)



I've been following the big picture and now, it seems to me, that this is not the sub wave iii of V. To change this idea i must see a huge sell off on DAX. In short term i think its still missing one mini wave down to complete this downtrend.

P.S. SPX is already in 77x's and DAX still above the 4000's. To me is very strange. The stop of my count in this possible mini wave iv is on 4200 points and is not as i show in the picture.

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SPX intraday update (Part 2)

Thursday, February 19, 2009


As i like DAX and SPX with the similar count i change few things.

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DAX intraday update (Part 2)


Now the DAX count is clean like water :).

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SPX intraday update (Part 1)


Still very hard to count spx but i don't see reasons (see the trend line) to sell my puts if already we are on sub wave iv.

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DAX intraday update (Part 1)


I think is still missing one wave down to complete this sub wave. My stop still on 4250 points.

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The opinions listed on this blog are of the author only, and shall not be deemed as financial advice, or any other sort of advice. All visitors to the blog should do their own research before making any decisions. This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses any one might sustain from the content provided. Author is not a registered financial advisor. Author does not engage in dispensing financial advice.

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