43 replies to this topic

[opinionated]

Great work Mark, When your site is up Please allow me to be a reader. Keith

[EntropyModel]

I'm seeing a clear distribution pattern the last 2 days on the indexes, a pull back is close. I've been in poor health the last few days, when I'm feeling better I'll post some charts/comments on the blog. In short - I see two scenario's, we put in a top today/tomorrow for the IT, or more likely we pull back into the old range this week, then next week or after retest the highs to complete this 'inaugaration hope rally'. The longer it goes, the further it will have to fall when it completes according my wave extensions. best, Mark.

Edited by entropy, 06 January 2009 - 03:34 PM.

[PrincelyM]

Entropy, thanks for the update...Hope you feel better soon.... Regd the blog...Are you talking about the TT blog you have? I checked on there and nothing recent which is why I am asking... Thank You! PS: I am not any kind of advisor!...In case that matters for your blog invitations...

[EntropyModel]

Entropy, thanks for the update...Hope you feel better soon....

Regd the blog...Are you talking about the TT blog you have? I checked on there and nothing recent which is why I am asking...

Thank You!

PS: I am not any kind of advisor!...In case that matters for your blog invitations...

Thanks PrincelyM, and I am feeling a bit better tonight.

I'm not talking about the TT blog, but a wordpress.com blog, see below link.

For those who've sent similar private messages/questions, I am still working on setting up the blog that's why
I haven't given the link, but i've put the front page up which hopefully will answer all questions.

I will still occasionally post to FF and Swing board , but I want to put some stuff on this blog that I don't feel I can put here, and addresses a few other 'issues'.

I might end up not doing much on it, its just another option I'd like to have this year.

http://entropyhome.wordpress.com/

best,
Mark.

[opinionated]

PW not working, But you did say in the works...

[inamosa]

Hope you get better Mark Let us know when you've got the blog going I think most of us like reading your analysis and intepretation of market activity

[PrincelyM]

Thanks Mark for taking the time to reply... PS: The Matrix is one of my fav movies/trilogies even though the first one is the best of em...for very obvious reasons.... PPS: I dont even trade the US mkts...for what its worth...Mostly interested in learning something worthwhile here on TT...And I appreciate your very concise posts...Best regards...FYI...I trade emerging mkts...India mostly...Keep up the good work!

[EntropyModel]

We now have a down wave 1,2 and now (1) of 3 possible this am., that means a very big decline is possible today/monday at least back to 850 area. This is why I added my short for a position trade incrementally before the decline, because sometimes these declines just go straight down without giving an easy entry point on hourly's etc. If I see something develop that suggests this isn't the IT move down, I will look to cover my position short and re-add at higher levels, but I don't see that until next week. FYI - I hope to have time to post more next week, kids will be back at school and I will hopefully be fully recovered from a stomach problem. best, Mark.

[EntropyModel]

chart of setup...more later...tomorrow is very important day.

http://img291.images...9913/tmpdh0.gif



best,
Mark.

[EntropyModel]

some comments on the blog -

http://entropyhome.w...-time-comments/


Chart to view real time commentary (setup from friday at open) - recopied it here for reference
http://stockcharts.com/c-sc/sc?s=$SPX...3&r=462.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=0&dy=13&i=p98649882580&a=156874023&r=462.png

best,
Mark.