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#1 andr99

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Posted 02 February 2018 - 06:53 AM

in this moment in Frankfurt DB is down 5.27%, but at some point it was down 6.8%.....it must be the positive effect of the conclusion of ABC correction and the resumption of the epicenter of some wave three up that I don' t know because I just know mechanical waves and electromagnetic ones. Let's see how it opens in the Nyse.....


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#2 cycletimer

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Posted 02 February 2018 - 08:31 AM

Just yesterday I read a technician’s conclusion that the European markets are putting in a top, though I can’t recall where I read that. I do believe we will finally see volatility return8ng and folks aren’t used to that.

The melt up still has more room to the upside worldwide but this will end badly....
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#3 andr99

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Posted 02 February 2018 - 10:41 AM

Just yesterday I read a technician’s conclusion that the European markets are putting in a top, though I can’t recall where I read that. I do believe we will finally see volatility return8ng and folks aren’t used to that.

The melt up still has more room to the upside worldwide but this will end badly....

 

well to me it's just an IT top setting up a correction of maybe a couple of months, but we will see how it develops before making some kind of claims. All I want to underline are just two things .....first of all I was expecting this as I told here in a previous post that we were starting a correction in Europe at the end of Jan-beginning of February. Secondly despite of what any self proclaimed master Elliottist may say, DB was set up to go lower and it did....as I was waiting for....and that too I told here. 

Ah........I' m not a full time trader......and I like to call myself.....amateur....although often I overcome many pros. My best weapon is the skill to watch and think about what I' m watching which truly is a constant in my life as I apply that also to politics and else......


Edited by andr99, 02 February 2018 - 10:43 AM.

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#4 andr99

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Posted 02 February 2018 - 11:51 AM

DB at NYSE is only down 7.45%.........I had to lite what in the Sixtine Chapel in order to see it getting down together with the Frankurt based DB ? A candle ? I saved the money for the candle.....


forever and only a V-E-N-E-T-K-E-N.....though partly langbardic