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Thursday, October 16, 2008

DOW SP500 Nasdaq 100 bottom october 2008 (second chance)

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DOW SP500 Nasdaq 100 bottom october 2008 (second chance):

Anyone who missed the bottom of last Friday, the truck has backed up.

11:14AM: with NDX at 1194, we are at the BOTTOM. The market should rise soon, later today or sometime tomorrow. I do not know why they will explain the rally, but our calculation say it is coming.

Last call before the train departs the station! It has been foretold. Stranded passagers: no complaints will be accepted!

11:55AM: NDX at 1244, and the bottom was nailed with precision never seen in history of trading! Long live the blog.

We loaded up big on this one (four times the usual size, so we am offloading the extra unusual load). 50 points in the bag times three is 150 NDX points profits.

3:54PM with NDX at 1305, we are offloading the whole long position. PROFITS of more than a 100 NDX points.

Overall profits today: 250ish NDX points (100ish + 150 of profits at 11:55AM).

Time to get ready for expiration day tomorrow. A new post is coming soon. Stay turned!


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Happy trading,

2 Comments:

Anonymous Anonymous said...

Wow. If you keep making bottom calls, maybe one of them will be right.

October 16, 2008 at 12:43 PM  
Blogger Power To Life said...

I have been following your blog for sometime. Good work! Please keep the calls coming. Thanks.

October 18, 2008 at 10:35 PM  

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