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SHORT TERM BOTTOM


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#1 mss

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Posted 20 October 2005 - 04:42 PM

:)
Right or wrong, I am suggesting that a short term bottom is in. A little more down may happen, but my money is on a tradable bottom. The last chart may be the killer, but I'm betting on the other three holding up.

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mss
:cat:
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#2 beta

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Posted 20 October 2005 - 04:44 PM

MSS, how "short" is "short-term" in your thinking ? TIA.
"Daytrading -- An Extreme Sport !"

#3 SilentOne

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Posted 20 October 2005 - 05:11 PM

Hi mss,

I like your stuff. I should have heeded your warning earlier on the miners.

BTW, the 320 dma is a great LT bull/bear signal. Bull above and bear below.

http://bigcharts.mar...&mocktick=1.gif

http://bigcharts.mar...&mocktick=1.gif

Looks like we are right there again! An SPX breakdown here and its toast.

cheers,

john

Edited by SilentOne, 20 October 2005 - 05:14 PM.

"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#4 PorkLoin

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Posted 20 October 2005 - 05:26 PM

mss, that's some really good *Fearless Forecaster* stuff. You have courage to forecast a bottom being in right here.

Wait a minute -- holy cow, are you crazy? :D


Doug

#5 Trend-Signals

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Posted 20 October 2005 - 06:29 PM

:)
Right or wrong, I am suggesting that a short term bottom is in. A little more down may happen, but my money is on a tradable bottom. The last chart may be the killer, but I'm betting on the other three holding up.

mss
:cat:

<{POST_SNAPBACK}>



Hi MSS,

I am still debating whether I see a reversal for sure. I thought that markets will consolidate today; but, instead, it took out all the gains that we had yesterday. Having said that SPX didn't take out the low and closed at the higher low. Even so, today action suggests that Bears are in control. It is the "FED EFFECT", as we have seen it today. My customized indicators says that it is not the bottom. I have 3 out of 4 signals are Long; but, the one is still sell. I think that markets will consolidate at here a bit longer and trade up.

T-S :)





PS These charts do not show all the indicators, but the link does.


http://stockcharts.c...t?obj=ID1478824


http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=SPY,uu[e,a]dhcayyoy[d20050101,20051231][pc5!c8!c13!b20!b50!b100!b200!b320!][vc60][iud20!uo50!la12,26,9][J60853624,Y].png


&disp=O]http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1478824&cmd=show[s60421011]&disp=O

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$SPX,uu[e,a]dhcayyoy[dd][pd!f][iud20!uo50!la12,26,9!ll14!][J60452523,Y].png
Market Timing ... Trend-Signals.com

#6 mss

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Posted 20 October 2005 - 07:43 PM

MSS, how "short" is "short-term" in your thinking ?  TIA.

<{POST_SNAPBACK}>

:)
A week at most, for now, can change any day.
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#7 mss

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Posted 20 October 2005 - 07:46 PM

Hi mss,
I like your stuff. I should have heeded your warning earlier on the miners.
BTW, the 320 dma is a great LT bull/bear signal. Bull above and bear below.
Looks like we are right there again! An SPX breakdown here and its toast.
cheers,
john

<{POST_SNAPBACK}>

Nice charts, i like them. You are right-sink or swim time. :P

mss
:cat:
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#8 beta

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Posted 20 October 2005 - 07:46 PM

Thanks, MSS. I like your flexibility. :)

Edited by beta, 20 October 2005 - 07:47 PM.

"Daytrading -- An Extreme Sport !"

#9 mss

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Posted 20 October 2005 - 07:49 PM

mss, that's some really good *Fearless Forecaster* stuff.  You have courage to forecast a bottom being in  right here.

Wait a minute -- holy cow, are you crazy?    :D


Doug

<{POST_SNAPBACK}>

:wacko: :blink: :wacko:
:cat:
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#10 mss

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Posted 20 October 2005 - 07:54 PM

HI T-S, glad to see you posting, missed you. Think we both are right, just have somewhat different time frames. mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!