Alstrynomics Techno Analysis...600 points...OH NO!!!!!!!
Alstrynomics has created two new formations to traditional technical analysis. The spector vector and the reflector.
As those readers of this blog know that a spector vector is a line with an endpoint with a translucent nature that can blow through any floor or cieling in the market. Spector Vectors can be either positive or negative.
A reflector is a convex formation backed by physical silver that is the only known formation to block the spector vectors run.
When I initially blogged today at 3:23 PM EST the market was up around 240 points when the reflector formations became appearant. It was clear that the positive spectors were about to get inverted by the reflector and no new reversal reflectors are seen until we hit the 6369 mark...about another 600 point drop from when the initial reflectors created the inflection and change in direction causing havoc among the spectors breaking apart any connectors supercharging the injectors to the down side sector.
We ended almost 100 points below the point sighting the reflectors in about a half hour. Not bad for a quick spotting of the reflectors. You have to admit those reflectors can be a pretty powerful reversor on a spector regardless of the direction.
Alstrynomics techno trance analysis is still at its infancy. Its first 500 point drop call was pretty dead on if I say so myself. However, to make a 600 point drop call just a few days later seems like lunacy.
But the formations are the formations and what can I say....we are 100 points along the way. Whether we get there or not we cannot determine today. But let me convey........if we get there.....it will be one hell of a play.