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fast3777
fast3777

I am honored to be a subscriber. No kidding either Peter. Many thanks for your one of a kind analysis.

fast3777
fast3777

Russia hikes to 12.5 % to protect the Ruble as it's hits 100 overnight. Fitch warns of coming Bank downgrades. The SPX,DAX,and Japan all look to have started primary 3rd waves down. As Brian posted the excellent article by Chris Carolan this week starts a new Lunar cycle....a dark to slightly crescent moon till Friday. Fertile ground for lots of volatility to the downside. Another note the JNK has a large top with a impulse down. The bounce has left a compact H&S pattern and at todays open will probably gap down through the neck line. Starting to look like the beginnings of a historic bear market.

fast3777
fast3777

Big question can they save it from a new low of the day in the last hour. Third waves usually close on the LOD....let's see what happens.

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fast3777
fast3777

Absolutely nothing bullish in today's market anywhere except calls or puts or some vehicle that moves counter trend to the SPX. A good day for the bears and what I expected. Good luck. Thanks Peter....I look forward to your commentary.

fast3777
fast3777

brian1469 said:

What happened to Little Hands and Peter Lynch.

Feels like Fast and me are the only subscribers left

Almost makes me bullish lol

Hey Brian, I think you are right....now if I can just catch the bottom of this beast and ride it up....target October lows for a harmonic bear pattern, Congrats to Brian and Peter.

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