35 replies to this topic

[EntropyModel]

Previous thread:

http://www.traders-t...d-map/?p=792149

"Trading wise - Likely we drop late if at all today, tomorrow likely better odds.

Basically, I expect a choppy zone 2747-2755/60 then a drop - but tomorrow likely offer better  setup."

 

Yesterday -  we did hit 2755, then get the late drop to 2738'ish.

 

We had a typical setup for backtest of that high this AM - but LQ is dropping, and hourly momentum failing,

so high odds we'll fallen short of the highs and now roll over to 2725 area to forefill the ST sell signal.

 

From there - either a new bounce leg to 2780, or a failure of the bounce - I don't predict, wait for real time

setup at next decision point. ( OK I do predict, sometimes, but try to avoid it).

 

 

[relax]

Hi Mark, hope all is well, cant believe how many are on the bear market wagon (and those bear update posts without any info, a good tell), good chance we hit close to new highs in december imo...or else next year....

 

may still end up in 2000-2300 next year or 2020...

Edited by relax, 30 November 2018 - 12:00 PM.

[EntropyModel]

Hi relax.

 

All is great thanks, health is good which is a plus even though i've entered 'old man' status :-)

How are things? 

 

Bear/bull market -   my position is (in threads posted) we completed a setup for termination of bull market (posted in Spring)

so we have a 'setup', but, it's too early to be confident of it - so I label us in 'potential bull bear transition' ..where sure, we could revisit

the highs but system has higher odds we simply stay range bound into end of the year. I try to avoid prediction, but I lean to next

year being a bear market for many reasons most of which i can't explain on this board because its 'red pill heavy' nuf said.   :-)

 

My trading timeframe is mostly short term, so the bull/bear issue is context .

Edited by Entropy3.0, 30 November 2018 - 12:35 PM.

[relax]

do you still watch tennis - those end of season finals were so boring - old man status - i think you need to go to switzerland and get what federer is having - that is some magical stuff

 

of course djoko and nadal are on their own versions

 

yes bull bear - i thought summations looked a bit like august 2007 - that first deep move and then followed by new high with somewhat low summations

 

also that simpson episode with trump and a chart of the economy going down down down...haha,,,,

[relax]

what about supplement wise - doing anything new - a lot of liposomal products out since we talked 

 

i have just ordered some NAC (n-acetyl-cysteine) - maybe it's something for you to become young crazy guy again ..hehe

[EntropyModel]

Tennis - no, pretty much given up watching and you know why, nudge nudge, juice juice, say no more.

 

Agree on 2007 rhyme - I call it the 'pre shock', and normally we do go on the new high as you said, but, this time

maybe different. I can explain a  little bit why and leave out the red pills related to the matrix control system.

Basically,  Liquidity - the bond market, other credit markets are limiting the buy bot programs that normally absorb natural selling.

Sentiment matters, but it's not as important as LQ, without infinite credit available to buy programs, we fall under our own weight

until reaching natural price equilibrium, which is some way south of here, but sentiment got so bearish we need to work that off.

 

Supplements  - ha ha ..how long you got? ..yeah, always finding new stuff ...people think i'm peter pan LOL..I had

someone tell me its just good genes, they haven't seen the chemistry lab that is my kitchen :-)  NAC is good

for reducing cellular toxicity, living in the pollution of Phoenix its good. 

Edited by Entropy3.0, 30 November 2018 - 01:09 PM.

[relax]

haha, i thought i had found a gem and could impress you, but happy to have your approval on nac ;-)

 

going to the gym now, enjoy the weekend and crazy snp monday ;-)

[EntropyModel]

haha, i thought i had found a gem and could impress you, but happy to have your approval on nac ;-)

 

going to the gym now, enjoy the weekend and crazy snp monday ;-)

 

 

Yeah - the only thing with NAC - its very strong anti-oxidant, so don't take it  4hours before/after exercise, or any anti-oxidant infact, unless

your intent is blunt the benefits of the exercise. If you just like working out, it will help u recover faster because damage will be less ..which

is also why it blunts benefits.  Also u know to cycle on/off everything, natural or not, just ask tennis players they know all about that lol  

Edited by Entropy3.0, 30 November 2018 - 01:33 PM.

[EntropyModel]

Market - doing  end of month stuff here - choppy mess, signals getting messy. We may still tag 2727'ish today but

not such good setup - we are in the 'meh' zone.  

 

https://www.screenca...om/t/R0In7V9V4a

Edited by Entropy3.0, 30 November 2018 - 01:44 PM.

[relax]

yes i did not take anything today, and yes about the on off cycling, sometimes i felt my head got clogged up (maybe says more about my state) and then i stopped doing supplements and would feel "light" again

 

do you also have some supplement free days, do you just focus on diet then

 

i started drinking lemon balm tea - i have read quite a lot of good about it

 

just noticed the nac tablets (fluimucid) are with aspartame, not really what i thought

 

market, well this seems a lot like brexit, but any drop will get bought i think, otherwise i guess it gaps above 2800