36 replies to this topic

[fib_1618]

It seems to me the setup on NYMO and NAMO are on a ledge and want to take another step lower...

Look a little closer at the NYMO and you'll see a divergent bottom from Thursday showing weakness by the sellers.

Fib

[MikeyG]

Excellent Fib. Thanks very much. I use McO's in a different way than you, Tom McClellan, the textbooks, and the rest. In fact purists would call my methods "heresy". So I have a different overall short term outlook based on factors related to your #2 factor.... which dominates my timing work.

But we couldn't even have a market if we all agreed on everything. Plus we absolutely agree on the Primary Cycle and the Intermediate Term Trend..... as well as that it will be an very interesting week ahead. Very best regards and continued success, D

Don, how easy would it be to get all 7 into sell territory???

It seems to me the the bands on your BPCOMPQ are getting real tight and one good down day will change your IT view...

[IYB]

Excellent Fib. Thanks very much. I use McO's in a different way than you, Tom McClellan, the textbooks, and the rest. In fact purists would call my methods "heresy". So I have a different overall short term outlook based on factors related to your #2 factor.... which dominates my timing work.

But we couldn't even have a market if we all agreed on everything. Plus we absolutely agree on the Primary Cycle and the Intermediate Term Trend..... as well as that it will be an very interesting week ahead. Very best regards and continued success, D

Don, how easy would it be to get all 7 into sell territory???

It seems to me the the bands on your BPCOMPQ are getting real tight and one good down day will change your IT view...

Absolutely true Mikey. Good read of the indicators.... one "normal" down day and we are there. That said though- I regard the current environment as kind of like 2009, where SSSS's will be very short lived - so should we get one (as soon possibly as tomorrow) - I'll treat it very conservatively and cautiously. I'll play it, but not aggressively. Fwiw. Good trading, D

Edited by IYB, 26 February 2012 - 11:17 PM.

[MikeyG]

It seems to me the setup on NYMO and NAMO are on a ledge and want to take another step lower...

Look a little closer at the NYMO and you'll see a divergent bottom from Thursday showing weakness by the sellers.

Fib

[andiron]

predicting prices based on derivatives is a random event...it is higher prices that will pull nymo up and lower prices that will drag nymo lower..not vice versa... hence the confusion and mindless shellacking.... Trend is up but if it was so simple all trend riders would have no issues..NOT

[fib_1618]

predicting prices based on derivatives is a random event...it is higher prices that will pull nymo up and lower prices that will drag nymo lower..not vice versa...

Derivatives? Random Event? Prices pull up and drag down the MCO?

Your lack of technical knowledge is just astounding.

Why you continue to embarrass yourself like this I'll never know.

Fib

[andiron]

well FIB..if so why r u just dispensing voodoo to gullible ones..you should be cashing it in...like many paper slayers you continuously hide behind sham..why not put your positions on the board ..timestamped and all...and we will all see how good you are///

Edited by andiron, 27 February 2012 - 09:20 AM.

[fib_1618]

why not put your positions on the board ..timestamped and all...and we will all see how good you are///

I have nothing to prove...sorry, go find some other playmate.

Fib

[CNSZ]

Excellent Fib. Thanks very much. I use McO's in a different way than you, Tom McClellan, the textbooks, and the rest. In fact purists would call my methods "heresy". So I have a different overall short term outlook based on factors related to your #2 factor.... which dominates my timing work.

But we couldn't even have a market if we all agreed on everything. Plus we absolutely agree on the Primary Cycle and the Intermediate Term Trend..... as well as that it will be an very interesting week ahead. Very best regards and continued success, D

Don, how easy would it be to get all 7 into sell territory???

It seems to me the the bands on your BPCOMPQ are getting real tight and one good down day will change your IT view...

Absolutely true Mikey. Good read of the indicators.... one "normal" down day and we are there. That said though- I regard the current environment as kind of like 2009, where SSSS's will be very short lived - so should we get one (as soon possibly as tomorrow) - I'll treat it very conservatively and cautiously. I'll play it, but not aggressively. Fwiw. Good trading, D

thanks for all the info MikeyG

[MikeyG]

Excellent Fib. Thanks very much. I use McO's in a different way than you, Tom McClellan, the textbooks, and the rest. In fact purists would call my methods "heresy". So I have a different overall short term outlook based on factors related to your #2 factor.... which dominates my timing work.

But we couldn't even have a market if we all agreed on everything. Plus we absolutely agree on the Primary Cycle and the Intermediate Term Trend..... as well as that it will be an very interesting week ahead. Very best regards and continued success, D

Don, how easy would it be to get all 7 into sell territory???

It seems to me the the bands on your BPCOMPQ are getting real tight and one good down day will change your IT view...

Absolutely true Mikey. Good read of the indicators.... one "normal" down day and we are there. That said though- I regard the current environment as kind of like 2009, where SSSS's will be very short lived - so should we get one (as soon possibly as tomorrow) - I'll treat it very conservatively and cautiously. I'll play it, but not aggressively. Fwiw. Good trading, D

thanks for all the info MikeyG

No problem, but I have to give credit to Fib and Don...

Best to you...