2 replies to this topic

[AChartist]

had to sell expiring nugt calls on 2/2 will replace with something tomorrow for Feb 17.

 

That next drop and slingshot showing 10 weeks now looks to be tax day, that could setup the retirement trade

 

is what I will setup for with conviction. It doesnt really matter if its 8.9.10 weeks just recognize it 

 

when it happens.

 

 

daily cycles not shown are very good for 8-10 days.

 

Weekly Cycles:

 

http://i1129.photobu...zpsxqmsmm9y.png

[Russ]

Your chart is hard to understand because you don't have dates on it.

[AChartist]

Each point is a week.

 

today is the last point of the price chart, I just noted the last low as point 0

 

and a cycle lowpoint in 10 weeks out.

 

The next high is around 30 weeks out but it will change alot by then particularly if it works.

 

A wave 3 should have initial targets of 1700's, 1525 is an initial target from price-by-volume.

 

Crossing over 1243.2 low would be a good step this week.

 

I have not looked further than this for now.

 

I am looking at how I will put about $10k into calls when the next drop occurs where I note 10 weeks then I am

 

only paying time for 20 weeks.

 

 

I select what correlated cycles to include by their correlation coefficient,

 

I also have to select enough cycles to add up a composite "fit" that matches the actual price history. So every cycle

 

you see there is within and necessary to the fit reproducing the actual price. This is technology that only I do apparently

 

is why cycle work is much more vague that those that say it will do this or that for sure. Every once in a while it does really 

 

lines up conclusively too, almost for sure.

 

One other thing we have is my stock cycles looking down soon and I hope that moves some rotation to the metals.