hope? we'll know sooner than later i guess
Experience!
A
Posted 30 July 2014 - 03:56 PM
hope? we'll know sooner than later i guess
Experience!
A
"Never never never give up!"
Posted 30 July 2014 - 03:50 PM
Bearish action gets quickly resolved with a A, B and C leg!(Elliott counter correction pattern)
This dull zig zag action should ultimately be resolved to the upside and shorts only going to be caught with their pants down...again!
![]()
A
hope? we'll know sooner than later i guess
Edited by RBM, 30 July 2014 - 03:51 PM.
Posted 30 July 2014 - 03:47 PM
Bearish action gets quickly resolved with a A, B and C leg!(Elliott counter correction pattern)
This dull zig zag action should ultimately be resolved to the upside and shorts only going to be caught with their pants down...again!
![]()
A
Last thing, just like a share price (Reminiscence of a Stock Operator) rarely corrects from a price like 300, 800, or 700 (even number) it also is applicable on the DOW, she is currently on 17000 and should overshoot to 17300ish+ before starting a more significant correction..IMO!
TOP40 is doing its own thing today (down) with US being up so soon it will be in reverse!
A
"Never never never give up!"
Posted 30 July 2014 - 03:26 PM
Bearish action gets quickly resolved with a A, B and C leg!(Elliott counter correction pattern)
This dull zig zag action should ultimately be resolved to the upside and shorts only going to be caught with their pants down...again!
![]()
A
Hi A, would you mind posting a graph to explain the EW patterns for July? I understand that we are hopefully going up to 5 now but from wave 3 on about the 6th of july to now seems very muddled....thanks!
Posted 30 July 2014 - 03:21 PM
All you bulls out there pls lift the price higher so that I can add to my shorts
Bearish action gets quickly resolved with a A, B and C leg!(Elliott counter correction pattern)
This dull zig zag action should ultimately be resolved to the upside and shorts only going to be caught with their pants down...again!
A
"Never never never give up!"
Posted 30 July 2014 - 03:13 PM
Guess not
check out the gold price on investing for the jump.
Posted 30 July 2014 - 03:05 PM
Guess not
That GDP figure really sucked the enthusiasm out of the bulls, hopefully only temporarily.
IG SA40
Posted 30 July 2014 - 03:02 PM
Accumulating shorts...
All you bulls out there pls lift the price higher so that I can add to my shorts
Posted 30 July 2014 - 02:59 PM
Accumulating shorts...
Posted 30 July 2014 - 02:55 PM
IG CASH
Posted 30 July 2014 - 02:36 PM
IG CASH
Posted 30 July 2014 - 02:12 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 30 July 2014 - 02:05 PM
Expecting a strong last three hours of the day...
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes
Posted 30 July 2014 - 01:52 PM
long 46620(F)
“melior diabolus quem scies”
Posted 30 July 2014 - 12:11 PM
Just netted 240 points, don't think i want to do any more manual trades today. Good Luck and Have Fun (Happy Camper)
Posted 30 July 2014 - 12:06 PM
Hi HDB,
Thanks for you view!
With no negative divergence yet on the weekly macd and a too low AAII Bullish Consensus don't get too bearish just yet!
If SPX breaks 1950 I will join your camp, until then staying long and expecting new highs (but as part of a distribution top)!
A
Thanks A...makes sense and im learning too!!!
Becomes a bit emotional when gut feel overrides the charts!!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 30 July 2014 - 11:59 AM
Hi HDB,
Thanks for you view!
With no negative divergence yet on the weekly macd and a too low AAII Bullish Consensus don't get too bearish just yet!
If SPX breaks 1950 I will join your camp, until then staying long and expecting new highs (but as part of a distribution top)!
A
"Never never never give up!"
Posted 30 July 2014 - 11:35 AM
A , their is major redistribution going all on most markets...Clever money selling and dumb money buying..
Don't think we will see any more new highs in near future..save for maybe resources forcing the issue.. Me thinks major correction is on the way already...
With QE almost at an end, and some other factors (geopolitical) I am inclined to agree with you HDB.
Alsi future
I only post my views, not advice
Posted 30 July 2014 - 11:02 AM
A , their is major redistribution going all on most markets...Clever money selling and dumb money buying..
Don't think we will see any more new highs in near future..save for maybe resources forcing the issue.. Me thinks major correction is on the way already...
Hi HDB,
Thanks for you view!
With no negative divergence yet on the weekly macd and a too low AAII Bullish Consensus don't get too bearish just yet!
If SPX breaks 1950 I will join your camp, until then staying long and expecting new highs (but as part of a distribution top)!
A
"Never never never give up!"
Posted 30 July 2014 - 11:02 AM
My view is that it is the dumb money selling and the smart money buying
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes