This is Spiel's "bottom spotter" showing a top.
http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&yr=0&mn=4&dy=0&i=p48308740870&a=132731354&r=6416.png
Top
Started by
selecto
, Jul 08 2011 09:51 AM
6 replies to this topic
#1
Posted 08 July 2011 - 09:51 AM
#2
Posted 08 July 2011 - 10:40 AM
#3
Posted 08 July 2011 - 02:06 PM
vitaminm
#4
Posted 08 July 2011 - 03:07 PM
This is Spiel's "bottom spotter" showing a top.
Ironically, minutes after this market top post, the reversal had started. It works every time. :=)
#5
Posted 08 July 2011 - 03:33 PM
This is Spiel's "bottom spotter" showing a top.
Ironically, minutes after this market top post, the reversal had started. It works every time. :=)
yah, well there's ANOTHER "potential" H&S forming up!on the 60min $SPX.....
OK. so it's not a formation until it completes, neckline is broken, etc. and etc. but.....
I started out with nothing, and, I have most of it left.........
#6
Posted 09 July 2011 - 07:37 AM
Selecto,
I would short sell when your stochs cross below 80, if I am a short term investor. If I am a long term investor (sell and hold
), I will shortsell when it crosses 50. I think Spiel would attest me. It would be interesting to see what Spiel's MASI indicator says now.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.
#7
Posted 11 July 2011 - 09:58 PM
Hey guys, thx for thinking of me. I haven't been up to following this site much lately. I think I mentioned sometime back that a major trendline break means business when it's accompanied by moves below 0 on both the 50-day (10-week) masi and mari, which of course it did several weeks back. Mari couldn't break back above 0, but what a beautiful last gasp on the backtest.
I'm watching these on a time frame of 10 weeks instead of a 50 days. Too much stick noise going on in the daily.

As far as the 200-day masi, my sideways price scenario (More myths from the future) looks like it won't make it even close to the EOY like I predicted in January. Stage four looks fully mature to my eye.

and Selecto: yea it works both ways, within reason
I'm watching these on a time frame of 10 weeks instead of a 50 days. Too much stick noise going on in the daily.

As far as the 200-day masi, my sideways price scenario (More myths from the future) looks like it won't make it even close to the EOY like I predicted in January. Stage four looks fully mature to my eye.

and Selecto: yea it works both ways, within reason
Edited by spielchekr, 11 July 2011 - 10:05 PM.










