Actual calls made by Gem-x

The calls are organized like this:

• SEPTEMBER 20TH 2001 RALLY CALL TO 1000% PROFIT
• QQQ (110%) AND QLGC (1000%!) OPTION CALL PURCHASES ON SI
• GOLD / XAU CALL INDEX CALL, 50% MOVE!
• THE RAMBUS RIDE TO $80,000.00 2 DAY PROFIT!
• THE BIG WHOPPER | $61,000+ ONE DAY PROFIT, 100% ON QQQ CALLS!
• NASDAQ BOTTOM CALL ON THE PRECISE NUMBER
• AMERITRADE INVESTOR’S CUP

Note: Profits are made in an ugly bearish downwave...(!!)

// SEPTEMBER 20TH 2001 RALLY CALL TO 1000% PROFIT

This call was made on Sept. 20, 2001 and drew a huge amount of attention. This call helped put gem-x’s Elliott Wave analysis on the map. The VIX was extremely high, which undervalued all call options in just about every tech, including QLGC. Gem-x knew there was a "Wave 3 to 47-48" on QLGC so he held them, and off they went…

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Started By: gem-x
Date: Sep 20, 2001 9:42 PM

**Update**
Here's an analysis of major bottoms in the history of the stock market:
-The supercycle low of 41.22 in 1932, bottomed in the vicinity of the wave 4 from 1880 to 1929 (40-50).
-The supercycle low of the 1973-1974 recession bottomed in the 520 level on the DOW...at the exact low of the wave 4 of the previous supercycle, which was 520.
-The 90-91 low on the DOW, bottomed in the same vicinity, testing the crash low of the 1987 bottom.

In all the major bottoms in history, each bear market ended within the wave 4 low of the previous supercycle.

Right now, we are right at that point. The Wave 4 supercycle low of the NASDAQ was 1357.02, with a close of 1419, and the DOW's supercycle wave 4 low was 7399. with a close of around 7773-7800.

the DOW has downside risk of another 600-1000 points, and the NASDAQ another 120 points. Tomorrow could be the day of infamy...a possible circuit breaking drop due to the triple witching expiration.

In the October low of 1998, the VIX shot up to an intraday high of 60, but closed in the 45 range. The previous week of that dour 1998 low had VIX readings that spiked to the 52 level, but closed each of those days in the 45 range.

Today, we had a VIX close of 49.04, which has never happened, but the all time high was set in Oct 1987 of around 129. In 1998, the put call ratio spiked as high as 1.23, but closed at 1.15 with a moving average around .80....today the put call ratio hit 1.27, a 21 day moving average of .88, and closed at the high. This would mean the readings have surpassed the Oct 98 low. If you look at the VXN, the highest reading registered was in March 2000 of 90, and today the VXN closed at 84.25.

Basically, within the next couple days, the ultimate bottom could be reached, and a massive reversal could emerge.
I'd like to see all the fear come to the ultimate crescendo tomorrow. The levels to watch on the DOW in the next couple days are 7400-7800 and on the NASDAQ 1357-1419.

This could be it in the next couple days, so hang tight.

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Click on this link to view the actual post!

// QQQ (110%) AND QLGC (1000%!) OPTION CALL PURCHASES ON SI

Here's the result of gem-x acting on my major rally call...QQQ (110%) and QLGC (1000%!) OPTION CALL PURCHASES. You can find this post on SiliconInvestor.com (go to StockTalk > Market Trends and Strategies > gem-x’s incredibly accurate Elliott Wave forecasts)

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Wednesday, Oct 3, 2001 3:51 PM
To: gem-x who started this subject
From: gem-x

MY QQQ calls +110% today woo hoo…bought Jan QLGC 30 calls

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Click on this link to view actual post!

// GOLD / XAU CALL INDEX CALL, 50% MOVE!

Here's gem-x’s call on gold/the XAU. Gold was coming off a month long "Wave 2" correction, and on this chart, you can see gem-x called the bottom of this wave, and the channel break before the rally. The XAU shot up almost 50% from where gem-x made this call and just about to the precise number gem-x was looking for (low 90's). During this period, we had a tanking NASDAQ (what's new), and a booming bullish wave in gold...many of the big profits occured with gold stocks.

Click on this link to view actual analysis!

// THE RAMBUS RIDE TO $80,000.00 2 DAY PROFIT!

If "Tai Chi" used full margin, this could have been a $250,000.00+ profit, but even though he played it conservatively, the profit was huge. On the pics in the link below, you'll see the incredible prediction (on the RMBS forecast, gem-x was looking for 16-17 when it closed at 11.55! And that's what it got...16-17). The prediction in itself is INCREDIBLE, but gem-x also capitalized on it! He rode it all the way from 13.10 to 16.45-16.97, knowing that it would get to that exact level.

Click on this link to view actual analysis!

// THE BIG WHOPPER | $61,000+ ONE DAY PROFIT, 100% ON QQQ CALLS!

The "BIG WHOPPER". This was the original record profit for "Tai Chi". Everything came together on this one, with a perfect high volume "Wave 3" rally. Not only did Tai Chi make over $61,000.00 on these trades, he also DOUBLED his QQQ calls!

Click on this link to view actual analysis!

THE INCREDIBLE RESULT

Click on this link to view actual analysis!

// NASDAQ BOTTOM CALL ON THE PRECISE NUMBER

What could be the biggest call of our lives...

Almost 3 months before this bottom hit, and right at the top of a fakeout rally to 1422 (upward 4), gem-x stated in one of his forecasts "The biggest bottom of our lives would occur in October at 1075" and a few days before it happened, he said "the big bottom would occur on October 9th". On October 10th, the NASDAQ hit 1108, and rallied to 1522 in what could be the very first wave in a new bull market!

BOTTOM CALL ON THE PRECISE NUMBER

Click on the link above to view!

PREDICTING THE EXACT DAY CHART!

Click on the link above to view!

// AMERITRADE INVESTOR’S CUP

For further proof of the potential monster gains from one of gem-x's potential trade setups, gem-x posted this trade set up on the Ameritrade Investor's Cup, mirroring these them. Here's a snapshot of gem-x's ranking as the #5 overall high percentage gainer out of 12,000 contestants.

Click on screenshot for larger image.