http://stockcharts.c...25685&r=849.png
http://stockcharts.c...8983&r=6760.png
http://stockcharts.c...3756&r=3863.png
http://stockcharts.c...4777&r=8322.png
Edited by diogenes227, 11 October 2011 - 02:24 PM.
Posted 11 October 2011 - 02:22 PM
Edited by diogenes227, 11 October 2011 - 02:24 PM.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Posted 17 October 2011 - 05:46 PM
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Posted 20 December 2011 - 03:12 PM
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Posted 20 December 2011 - 10:06 PM
Posted 21 December 2011 - 02:08 PM
Yes, it's scary and their warnings are right on. I started being concerned about this market back in May (MAY 29TH POST), and in reply to an email in June (JUNE 7TH POST) took note of the changing tone in the market as the NYMO/NYSI began to suggest a possible transition to a bear market, and then in late July as that May Post chart shows, we dropped through the "Death Cross" and the bear was confirmed. That period back in early summer -- of course clearer now in retrospect -- was a time when the McClellan Oscillator was really showing its value by truly giving signs of the shifting context for the longer term.yes, I am almost scared by this market.
is IYB or Fib's warning(context is down) still concern you?
thanks
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."