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Gannfann’s numbers and comments for 12/09/2008 -- He might not be right but he really made some good calls on the resistance level ( for example yesterday SPX did not break 916 and 918 at session end)

930-932 2nd resistance
916-918 1st resistance
880-882 1st support
868-870 2nd support

There could be a weak follow through from the previous trading day. I had called for a change of trend today so we will see if this move tops out today and goes through a corrective move. Since prices hit my target price where I had stated could be where a short term turn would occur, I will be looking for weakness to set in. If we begin to see the corrective move start today we could see a move into the 870 or 880 range. This would be a normal retracement so it will be important how prices react off this retracement if prices will resume the rally or break back to the 820-840 range. I do think that prices should top out today but how this can play out (weak open then a final move or open to target then a break) is yet to be seen.

Keep in mind that prices could attempt the continuation of the rally after the corrective move (taking out sellers) so how prices react will help confirm the likelihood of a continuation.
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  • 老八,请问可以买hxd了吗?
    • No.
      • 谢谢,等什么时候啊?
    • 如果你赌Dow上不了9300,可考虑在$78的价位买入一点SDS。
      • thx
    • falling down time!
    • When you can short ( ZT 1 )
      本文发表在 rolia.net 枫下论坛gr commented:

      December 8th, 2008 at 7:56 am


      Gannfann’s numbers and comments for 12/08/08:

      916-918 3rd resistance
      900-902 2nd resistance
      886-888 1st resistance
      858-860 1st support

      The S&P should continue on the upside attempting a last gasp before the next leg down. Prices have been bouncing between a trading range for some time and even bad news is producing rallies. This is denial personified and shows the desperation that is rampant in this marketplace. In my mind nothing has changed in a fundamental way or the long term technical picture. This area is where prices needed to make a final stand if we are to see any fake out rally. I am seeing a possible change in trend that could occur on December 9th so this may just be a quick move up and break to the downside again. Traders need to keep in mind that prices have to run its course and even in the biggest declines in history there are always counter rallies that exist. It is my feeling that this will not last too long and the primary trend will resume again. Bears must be patient because this leg will be very big (if my 400 target is reached) and will require distribution to take place.


      This should be the last rally before a new break to new lows but traders need to understand that many times this is a drawn out grinding process. Patience is important because rallies do occur and this will give some go entries and take more risk out of the short. Traders must not get caught shorting early and must let this run its course.


      [Reply]更多精彩文章及讨论,请光临枫下论坛 rolia.net
      • Good guess, let's keep eye on SPX tomorrow or within this week, see if 918 is a wall to bounce the uptrend down just as the article projecting.
      • 就是这个Gannfann预测S&P会到400,纯粹的技术分析,缺乏基本面支持。很难想象S&P会到400。
        • Gannfann’s numbers and comments for 12/09/2008 -- He might not be right but he really made some good calls on the resistance level ( for example yesterday SPX did not break 916 and 918 at session end)
          930-932 2nd resistance
          916-918 1st resistance
          880-882 1st support
          868-870 2nd support

          There could be a weak follow through from the previous trading day. I had called for a change of trend today so we will see if this move tops out today and goes through a corrective move. Since prices hit my target price where I had stated could be where a short term turn would occur, I will be looking for weakness to set in. If we begin to see the corrective move start today we could see a move into the 870 or 880 range. This would be a normal retracement so it will be important how prices react off this retracement if prices will resume the rally or break back to the 820-840 range. I do think that prices should top out today but how this can play out (weak open then a final move or open to target then a break) is yet to be seen.

          Keep in mind that prices could attempt the continuation of the rally after the corrective move (taking out sellers) so how prices react will help confirm the likelihood of a continuation.
          • 这位仁兄的预测跟今天的实况相符(预测第一阻力区间在916 ~918, 今日SPX High 916, close 888), 如果Index 就此掉头向下反转,真就让他说对了。
            • 这是每日的运行区间。明天可能会不一样的。注意看时间。
              • 我还以为是主要阻力位呢。有没有他的网站地址?
                • 你去9号胡同看QQQ的技术分析吧。她的也很专业,基本上这些人的分析都是一样的。方法也一样。QQQ估计是在DT公司上班的专业人士。
                  • 给个链接看看
                    • PMed. Everybody wants to know, please PM大笨象. Good luck..
                      • 找到了Q姐的技术分析日志啦, 果然不错。谢谢。
                        • 我到现在还没找到,正努力找.
                          • 在这里, http://www.hutong9.com/index.php 有人跟Q姐杠起来了,热闹呢
                        • 伦巴: Would you post it here?
                          • 上面的链接是我放的,借壳上市。现在我有自己的用户名(booyao)
                  • 他们都运用Elliott Wave理论, haah(木头)曾经说过局限性很大, 容易误导. 觉得很多时候它还是可行的, 没有一种理论能100%准确预测股市吧. 谁有Elliott Wave方面的ebook可以分享? 我有点想学. 或许ROLIA也可以组成个学习小组? 看着那些乱七八糟的线我学习的兴趣不是很浓烈.
                    • 组成个学习小组. Support your idea.
                    • 总觉得波浪理论太虚,而且总是事后诸葛解释在第几浪。还是蜡烛图直接明了,对顶、底的经典反转预见力强。
                  • Monday Article from Mish
                    • 也是Elliott Wave. 多谢分享!
                  • 可是她的帖子我从来都看不懂野,路大侠给我们分析下。
                • 哇,麻烦了。害怕误导。我的声明一下啊。技术分析其实是对人群行为的一种数学模型化。对于阻力位等等是否会突破,TA是做不到的。那么什么能做到。“经验”。“盘感”,“运气”。你们被误导了,一定不要说我啊。其实,QQQ在本坛出现过。我就不说她的ID了。
                  • 理解理解。要辩证的运用技术分析
                  • I hope she would post here. I don't like HT too much since there is too much fighting.
                  • how do u think of HGU.to now? keep up? how about hxu.to? thanks