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#18301 farouk

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Posted 25 June 2014 - 03:17 PM

A

Primary iii is over....we are now in primary iv.

Primary iv should be an A/B/C.

We are presently in A.

A should have 5 small waves...i,ii,iii,iv and v.

I recon we may have just completed wave i today.

Remember i said may have completed and not 100% sure.

V whats your opinion on my counts.

Tks in advance.


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#18302 grantmu

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Posted 25 June 2014 - 03:15 PM

Post roll-over (futures close-out) drops normally ranges in the 1200 points area, and it just touched that level, if we continue dropping tomorrow then something else has begun, my take the bull will return soon.....!

 

A

volumes are picking up a bit but not yet a flood, so I think the Bottom is in sight, barring really bad news I think this thing is almost done.


Edited by grantmu, 25 June 2014 - 03:15 PM.

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#18303 Darrith

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Posted 25 June 2014 - 03:12 PM

Sold my Shorts and Went long at retest of breakout at 45200, hopefully I wasnt too eager.


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#18304 bear catcher

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Posted 25 June 2014 - 03:08 PM

Nice..learning to sit tight I see! :P

 

A

Yip something i learnt from you thanks A


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#18305 grantmu

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Posted 25 June 2014 - 03:07 PM

has the market stopped to smell the roses again, there is not much support or resistance at this level


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#18306 Argento

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Posted 25 June 2014 - 03:06 PM

Post roll-over (futures close-out) drops normally ranges in the 1200 points area, and it just touched that level, if we continue dropping tomorrow then something else has begun, my take the bull will return soon.....!

 

A


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#18307 Vertebrae

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Posted 25 June 2014 - 03:01 PM

I think a new high will now need Elliott to return from the grave.

Séance started.


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Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.

MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).

In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.

Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.

Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion. 

Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.

Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..

Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.


#18308 grantmu

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Posted 25 June 2014 - 02:58 PM

Just went past 1000 pip profit :P :D :D :D :D

give the man a BELLS


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#18309 Wingnut

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Posted 25 June 2014 - 02:51 PM

Keeping to the short until there is proof. Going long now will be trying to catch a falling piano.


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#18310 Argento

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Posted 25 June 2014 - 02:50 PM

Just went past 1000 pip profit :P :D :D :D :D

Nice..learning to sit tight I see! :P

 

A


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#18311 K~~

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Posted 25 June 2014 - 02:44 PM

Just went past 1000 pip profit :P :D :D :D :D

Cool! Well done!


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"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.


#18312 Beorn

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Posted 25 June 2014 - 02:42 PM

Just went past 1000 pip profit :P :D :D :D :D

 

Good trade, well done


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Alsi future

 

I only post my views, not advice


#18313 Beorn

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Posted 25 June 2014 - 02:42 PM

We knew this was coming, everyone buying in at these high levels are squirming to get out of their longs.

 

I love this.

 

Missed out on quite a bit of this short, but o well

 

Broke straight through daily support, if we dont close today above that support, I'm keeping this short til we get to +- 45200


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Alsi future

 

I only post my views, not advice


#18314 bear catcher

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Posted 25 June 2014 - 02:41 PM

Just went past 1000 pip profit :P :D :D :D :D


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#18315 Beorn

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Posted 25 June 2014 - 02:39 PM

I'm short @ 45685

 

We knew this was coming, everyone buying in at these high levels are squirming to get out of their longs.

 

I love this.

 

Missed out on quite a bit of this short, but o well


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Alsi future

 

I only post my views, not advice


#18316 Argento

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Posted 25 June 2014 - 02:34 PM

Chicken! Or should that be Flatterer?  :P

:D


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#18317 K~~

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Posted 25 June 2014 - 02:25 PM

45200ish! ;)

 

A

Chicken! Or should that be Flatterer?  :P


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"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.


#18318 Argento

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Posted 25 June 2014 - 02:24 PM

HI A, what would be the target for the next wave up? thx

Given minor 5 up will also break into 5 minute waves and the SPX monthly bollingerband around 2000 we can easily swing past 47000!

 

But will see where she is around end July/beginning Aug...earning season is ahead!

 

A


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#18319 Argento

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Posted 25 June 2014 - 02:19 PM

You've got my interest here, A... What is your stop? ie what is tight in you book?

45200ish! ;)

 

A


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#18320 grantmu

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Posted 25 June 2014 - 02:11 PM

Possible but this drop looks very impulsive and more of a C leg down that normally ends a pull back! :rolleyes:

 

She is outside her 5H lower bollingerband line as well..

 

So long it is..with a tight stop!!

 

A

Not going to go long till after the dow opens. they may have a last gasp down, at the moment I feel no pain with a covering short, but I have to be careful that I don't sell of the cover before the turn is confirmed, so I may be being more cautious than i need to be. 


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