Parabolic with a crash back toward its longer term trend line? Do earnings match the parabolic move? Do we get non-standard accounting practices just to qualify for the S&P , show some profitability, and so certain people get their bonuses?
Your 7/22 Idea said it would happen at the $1500 level. It went to $2500.
cromero_flash
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@curquhart90, Really?????? In this ridiculous market who is going to pin-point tops, timing, bottom. Did I add any numbers to the analysis, NO !!!!
The concept is dead on.......
Parabolic with a crash back TOWARD its longer term trend line?
Do earnings match the parabolic move?
Do we get non-standard accounting practices just to qualify for the S&P , show some profitability, and so certain people get their bonuses?
In this market if you are looking for pin-point levels and dates, good luck. Because going into the parabolic moves many of the leg 3s and 5s were getting extension.