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#11 fib_1618

fib_1618

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Posted 01 November 2017 - 12:24 PM

 

 

 

 

 

Honest question. What makes you short the market here and hold with an open-ended STOP ? What are you seeing ?

http://stockcharts.c...ui?s=!ASETBEARI
http://stockcharts.c...id=p40308019867
 
 
Rydex funds haven't worked as a sentiment indicator since they became open ended funds...maybe 15 years ago (?).
 
Besides, it's always been a rear view mirror indicator anyway...what you want to know is what's on the road ahead.
 
Fib
 
 
Nobody knows what lies ahead. There are just odds.
 
 
Pertinent odds can only given based on substantive technical data that's available to generate such expectations.
 
Those who work hard in trying to understand the physics in what drives the internal forces of markets will then enjoy successful trading executions on a consistent basis.
 
What people do AFTER the fact does not provide this kind of insight nor does it help in the timing of when one should pull the trigger.
 
Fib

My call is in the money, 30 points.
What's yours? I missed it..

 

 

Congratulations...watch your condescension before the market bites you on your back side.

 

Fib


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

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#12 alexnewbee

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Posted 01 November 2017 - 12:26 PM

 

 

 

 

 

Honest question. What makes you short the market here and hold with an open-ended STOP ? What are you seeing ?

http://stockcharts.c...ui?s=!ASETBEARI
http://stockcharts.c...id=p40308019867
 
 
Rydex funds haven't worked as a sentiment indicator since they became open ended funds...maybe 15 years ago (?).
 
Besides, it's always been a rear view mirror indicator anyway...what you want to know is what's on the road ahead.
 
Fib
 
 
Nobody knows what lies ahead. There are just odds.
 
 
Pertinent odds can only given based on substantive technical data that's available to generate such expectations.
 
Those who work hard in trying to understand the physics in what drives the internal forces of markets will then enjoy successful trading executions on a consistent basis.
 
What people do AFTER the fact does not provide this kind of insight nor does it help in the timing of when one should pull the trigger.
 
Fib
My call is in the money, 30 points.
What's yours? I missed it..
 
 
Congratulations...watch your condescension before the market bites you on your back side.
 
Fib

Covered here. Don't care now.
It is easy to pick others.
Where is your call, verdammt ...
"we do G.d's work" Lloyd Blankfein

#13 Geomean

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Posted 02 November 2017 - 11:12 AM

A Hurst analysis this am on the NDX all models are showing an intermediate peak about now.  One suggests a choppy three wave decline until mid Nov and two others are indicating the same choppy down until mid Nov, then a brief bounce and then more down until early December.  All indicate new highs thereafter. 


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#14 alexnewbee

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Posted 02 November 2017 - 11:42 AM

A Hurst analysis this am on the NDX all models are showing an intermediate peak about now.  One suggests a choppy three wave decline until mid Nov and two others are indicating the same choppy down until mid Nov, then a brief bounce and then more down until early December.  All indicate new highs thereafter. 

thank you.

Looking to reshort, but probably tomorrow. 


"we do G.d's work" Lloyd Blankfein