37 replies to this topic

[fib_1618]

Are now up and can be reviewed by clicking here.

Have a great week!

Fib

[nimblebear]

it looks like Bets is either coincident or late, but not a predictor. at least eyeballing the declines and such. in fact the last few times it was this low it looks like nya bottomed. so why put shorts on now ?

[fib_1618]

it looks like Bets is either coincident or late, but not a predictor. at least eyeballing the declines and such. in fact the last few times it was this low it looks like nya bottomed.

Thank you for your feedback.

Fib

[selecto]

it looks like Bets is either coincident or late, but not a predictor. at least eyeballing the declines and such. in fact the last few times it was this low it looks like nya bottomed. so why put shorts on now ?

...particularly since you have been calling for a bottom in here.

[fib_1618]

...particularly since you have been calling for a bottom in here.

Me? I have been calling for a bottom?

Fib

[selecto]

Fib, because I respect your work, I note your directional calls in my journal. I'm not going to get into a peeing contest with you, but the answer to your question is: "Yes, you have."

[mbeider]

Selecto and Fib... Because I respect both of your work...
Here is a short Fib's post as of May 23 -

dasein >> "PnF targets for indexes another 3-5% lower."
fib >> "Agreed. Fib..."

Back to lurking now...

[fib_1618]

I note your directional calls in my journal.

So I guess it wouldn't be that hard then to quote chapter and verse?

Maybe it's a case of your not reading every single post I make?

Maybe it's a case of the time period involved?

Since you're not a subscriber, and I am far from being one dimensional in what I share on a public board, here are the different time periods in which I trade to help in your keeping accurate journal records of what I may decide to post on this board:

Near Term: that of days: last Monday...a bottom.

Short Term: 4-6 weeks: Still have lower targets provided by the MCO.

Intermediate Term: 6-16 weeks: Type 2 divergent correctional phase.

Long Term: 4 months or more: Higher highs are still yet to be expected.

As far as the BETS is concerned, this weeks data provides a good test for NB's remarks. Note that the -35 reading is lower than last week while the NYA moved higher. So we'll see if this weekly indicator is a forecaster of future price action or not. In this case, if breadth leads price, the NYA will be lower by next weekend's update.

Fib

[andiron]

Fib may be calling for more downside, but selecto your trade can still make money as market zigs up///

[stubaby]

I note your directional calls in my journal.

So I guess it wouldn't be that hard then to quote chapter and verse?

Maybe it's a case of your not reading every single post I make?

Maybe it's a case of the time period involved?

Since you're not a subscriber, and I am far from being one dimensional in what I share on a public board, here are the different time periods in which I trade to help in your keeping accurate journal records of what I may decide to post on this board:

Near Term: that of days: last Monday...a bottom.

Short Term: 4-6 weeks: Still have lower targets provided by the MCO.

Intermediate Term: 6-16 weeks: Type 2 divergent correctional phase.

Long Term: 4 months or more: Higher highs are still yet to be expected.

As far as the BETS is concerned, this weeks data provides a good test for NB's remarks. Note that the -35 reading is lower than last week while the NYA moved higher. So we'll see if this weekly indicator is a forecaster of future price action or not. In this case, if breadth leads price, the NYA will be lower by next weekend's update.

Fib

Fib:

Thanks! - timeframes are helpful for your perspectives


stubaby