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BUY, BUY, BUY, NO, NO, NO - The top is in


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#1 Dex

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Posted 07 June 2014 - 02:11 PM

The top is in! How do I know? Several 'watch the sky' posters have re-appeared (writing). People are scratching their head as to what's happening. We are still in a trading range. The environment for stocks is neutral. Why all the excitement? Look at the charts to see why I picked these points. S&P 1897 13-May 1949 52 2.74% RUT 1213 Last High 1154 -59 -4.86% 4357 5-Mar 4321 -36 -0.83%

Edited by Dex, 07 June 2014 - 02:12 PM.

"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#2 fib_1618

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Posted 07 June 2014 - 02:24 PM

Several 'watch the sky' posters have re-appeared (writing).

Several? No...there's only one, and that's me, so you can stop being so melodramatic.

It's a real shame that your demeanor has prevented you from participating...and now you're going to miss out on something really special.

And the best thing is...when you finally do embrace this, it WILL be at THE top.

Maybe one day you'll want to learn what it takes to be a technician...though I sincerely doubt it.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#3 Dex

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Posted 07 June 2014 - 03:33 PM

Several 'watch the sky' posters have re-appeared (writing).

Several? No...there's only one, and that's me, so you can stop being so melodramatic.

It's a real shame that your demeanor has prevented you from participating...and now you're going to miss out on something really special.

And the best thing is...when you finally do embrace this, it WILL be at THE top.

Maybe one day you'll want to learn what it takes to be a technician...though I sincerely doubt it.

Fib


Well ... there you go again!

I got a PM from da_chef just today saying the usual - you aren't the only one to re-appear.

And ... how do you know I haven't participated?

I know what it takes to be a technician and where to learn to be a guru.

So, you're off on several points.

Will you be reverting to emoticons again if there is a dip in stock?

Edited by Dex, 07 June 2014 - 03:36 PM.

"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#4 arbman

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Posted 07 June 2014 - 03:41 PM

Technically, you have a pull back setup, but another high is quite possible up to 1970-1980 on SPX (cash) index. I strongly doubt we will see much higher after that, probably another consolidation into July and perhaps one more attempt in August, but this rally is weaker than the previous rallies. USD is reversing substantially too, the 10 year rates also tested the broken trend line from below. There is room for a pull back at least...

#5 kssmibotm

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Posted 07 June 2014 - 03:48 PM

Maybe one day you'll want to learn what it takes to be a technician...though I sincerely doubt it.

Fib


The old Fib we all know and luv is back! The emoticon showing the guy beating his head against the wall wasn't satisfying enough?

People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.

#6 fib_1618

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Posted 07 June 2014 - 03:54 PM

I know what it takes to be a technician and where to learn to be a guru.

I forgive you for you no not what you're talking about.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#7 Dex

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Posted 07 June 2014 - 04:27 PM

I know what it takes to be a technician and where to learn to be a guru.

I forgive you for you no not what you're talking about.

Fib


No apologies necessary.
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#8 Bernie

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Posted 07 June 2014 - 04:58 PM

The top is in!

How do I know?

Several 'watch the sky' posters have re-appeared (writing).

People are scratching their head as to what's happening.

We are still in a trading range.

The environment for stocks is neutral.

Why all the excitement? Look at the charts to see why I picked these points.

S&P
1897 13-May
1949
52
2.74%

RUT
1213 Last High
1154
-59
-4.86%


4357 5-Mar
4321
-36
-0.83%



#9 fib_1618

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Posted 07 June 2014 - 05:09 PM

I know what it takes to be a technician and where to learn to be a guru.

I forgive you for you no not what you're talking about.

Fib


No apologies necessary.

It wasn't an apology.

At least you're consistent.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#10 arbman

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Posted 07 June 2014 - 05:19 PM

To all bears, Fib is omnipotent. His comments move the markets, be careful.