comments on last week's very bullish chart action

Posted 10 January 2009 - 10:57 AM

i realize that many of you are not interested in viewing the market action in this manner. to you i say: "go in peace and profit." but some here are. and some of those some, from time to time, reply to a thread with thought provoking and helpful ideas and/or send them to me by email and PM. ergo, i post:

the correction to the upthrust off of the 11/21 jupiter/saturn "fifth and final waxing trine" (RM) low took longer than i expected. but it is clearly more bullish than (even i) expected! i have posted some about that on other threads today and will spare you a recap. the important upshot is that the powerful bull (already up 20%: 11/21/08 low to yesterday's close) will go much past 1/26/09, imho.

to when, then?: 3/11/09 is now shining in the date sky as brightly as a supernova! i have posted a bit more on that here at TT in this "swing waves!" thread:

http://www.traders-t...howtopic=100078


comments?


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Posted 10 January 2009 - 11:07 AM

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Posted 10 January 2009 - 11:09 AM

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Posted 10 January 2009 - 11:19 AM

nb: i have given you my opinion, LOL. as to tim knight, i have no idea who he is and i don't give a rat's butthole for what he CLAIMS he did. but thanks for posting your view! ™

Edited by humble1, 10 January 2009 - 11:20 AM.

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Posted 10 January 2009 - 11:30 AM

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Posted 10 January 2009 - 11:56 AM

HRZ pink line is both support and resistance, depending where price is. The heavy red CHANNEL is most likely the upward price movement at present. IF the upper red line and the sloping red dashed line become the price triangle then a break to the down side, at some point in the future, would suggest the green TARGET. To form the price triangle, we would have to have a continuation of higher lows and higher highs, till a break up/down. A break to the up side would hit resistance at several points, depending when it broke. mss

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Posted 10 January 2009 - 01:17 PM

i'm not trashing tim knight. i don't see what he has to do with my post. i don't follow him; i don't care what he says. why not start a separate post on tim knight and how great he is. that's fine with me. and if he wants to be bearish and if others want to be bearish, that's just fine, too! ™

Edited by humble1, 10 January 2009 - 01:18 PM.

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Posted 10 January 2009 - 01:28 PM

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Posted 10 January 2009 - 01:34 PM

mss: i was responding to others, not you. sorry for the confusion; my boo-boo. it's hard not to offend folks today. could it be the FULL MOON???????????? ™

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Posted 10 January 2009 - 02:13 PM

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