 Kudos to Mark |
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 Jan 23 2008, 05:11 PM
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Member Group: Traders-Talk User Posts: 87 Joined: 30-September 03 From: Virginia Member No.: 200  |
Quote from Mark's ISA weekend update:
"A rally attempt that fails and a dramatic reversal day on Wednesday with a sharp rally into Friday and a pullback into the close. I'm going to send out an update tomorrow morning." Well, I started typing this message at 3.30, but had to rush to a meeting. Great call Mark. No disrespect intended to OGM (amazing calls - hopefully this won't jinx you) Tea, NAV and Wavetimer and lastly, but certainly not least, Semibizz. Back to your regularly scheduled program. I still have to wonder, there is no disagreement breaking out on this board yet, so I wonder if this was a bottom at all.... Good luck trading everyone. -------------------- My blog:none
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Jan 23 2008, 05:41 PM
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 Mark S. Young Group: Admin Posts: 13957 Joined: 20-August 03 From: CVG Member No.: 3 |
Thank you!
("All glory is fleeting...all glory is fleeting!") I think most of us will agree that there's a good chance of another good leg down later. On that one the real fights will break out.  Mark -------------------- |
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Jan 23 2008, 07:23 PM
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 Member Group: Traders-Talk User Posts: 6374 Joined: 9-October 03 Member No.: 321 |
>I think most of us will agree that there's a good chance of another good leg down later. On that one the real fights will break out.
< rarely when a bottom is in place do they fool around......a 2nd wave pullback is usually like that.....fighting the tape on this advance shud be indemic........again.........lol......we had this arguement at 1095 and 1170.....remember????.... -------------------- |
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Jan 23 2008, 07:28 PM
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 I don't care who's fur is flying... Group: TT Member Posts: 14178 Joined: 20-September 03 From: NORTH Member No.: 99 |
The 5th wave could be wild....I can imagine an ED 5th with large intraday swings over a week or more .....if this is the plan that is..
This post has been edited by Teaparty: Jan 23 2008, 07:29 PM |
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Jan 23 2008, 07:46 PM
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Member Group: Traders-Talk User Posts: 130 Joined: 16-December 03 Member No.: 742 |
I agree and really do appreciate Mark's insight into the markets. But as the Church Lady use to say, "Could it be Satan?"
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Jan 23 2008, 07:58 PM
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#6
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Mark S. Young Group: Admin Posts: 13957 Joined: 20-August 03 From: CVG Member No.: 3 |
No, it's SATIN!
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Jan 23 2008, 11:54 PM
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 Hank Wernicki M.A. Group: Traders-Talk User Posts: 1458 Joined: 5-December 05 From: Erie Pa Member No.: 4456 |
When is the ABC going to Stop TeaParty ??
QUOTE (Teaparty @ Jan 23 2008, 07:28 PM)  The 5th wave could be wild....I can imagine an ED 5th with large intraday swings over a week or more .....if this is the plan that is..
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 Jan 24 2008, 09:15 AM
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I don't care who's fur is flying... Group: TT Member Posts: 14178 Joined: 20-September 03 From: NORTH Member No.: 99 |
Frac...who knows...but if the count holds any water ...I'm thinking 575 ..below there then 560 but then 5 will start to look to long and the count will become dubious. I'm thinking March low ....
Quite frankly...I'm not really trading any counts....scalping is beautiful off indicators on the 2500V chart on ES. Not often scalps are like swing trades. |
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Lo-Fi Version | Time is now: 3rd September 2010 - 12:07 AM |