Terry Laundry has been busy with updates

Terry's update.
LINK

NOTE: There are 4 audio links.
For best results, download them to your desktop and play them from there.
Streaming does not seem to work well.

Edited by Rogerdodger, 16 February 2009 - 12:17 PM.

interesting! i clicked on the link and it is a bit hard to tell from the chart but i think i can see clearly a red dot on the low/BUY zone when spx was in the high 1100's in late september, maybe 1180 plus, and i don't see where there was a sell before the wipeout into spx 840. that's a pretty big lick/failure. does he discuss that anywhere and explain it?

Edited by humble1, 16 February 2009 - 12:24 PM.

that's a pretty big lick/failure. does he discuss that anywhere and explain it?

Why ask?

well, i am just wondering what a bloke would/should do who loaded up long then and is still long from the high spx1180's and who now reads a lot of dire forecasts, including a possible spx89 (sic). i don't think it is unreasonable or unfair to ask that, since it could easily have happened to a devoted follower. what should that bloke do now? sell out and take his whippin'? go short now that much lower looks VERY likely, according to many? let's just call it taking a bite of the reality sandwich ...

Edited by humble1, 16 February 2009 - 12:57 PM.

"I'm not going to read your comments."

Back at you.

Edited by Rogerdodger, 16 February 2009 - 01:07 PM.

Terry's confidenceindicator090216 commentary & fibix chart seems to fit perfectly with the hope of the new administration, false signals & bailout theory - people are trying to be bullish! However, Roubini brings an interesting argument against this theory because it hinges on the ability of the new admin to get it exactly right.....yikes!

well, i am just wondering what a bloke would/should do who loaded up long then and is still long from the high spx1180's and who now reads a lot of dire forecasts, including a possible spx89 (sic). i don't think it is unreasonable or unfair to ask that, since it could easily have happened to a devoted follower.

what should that bloke do now? sell out and take his whippin'? go short now that much lower looks VERY likely, according to many?

let's just call it taking a bite of the reality sandwich ...

We get it H1...You are nervous....And I cant blame you...Best of luck again...

How many posts did you post today....That too dissing really great traders/analysts like spooky and LarryT...

Man the quality of this board is going down...

Terry's confidenceindicator090216 commentary & fibix chart seems to fit perfectly with the hope of the new administration, false signals & bailout theory - people are trying to be bullish! However, Roubini brings an interesting argument against this theory because it hinges on the ability of the new admin to get it exactly right.....yikes!

I have duplicated Terry's chart which he says is similar to an indicator used by Barrons.
It clearly shows trouble coming at the '07 top, but now shows some hope.
Terry says, it could roll over at any time, but just like other indicators, it seems to be showing some positive divergences now.
http://stockcharts.c...68057&r=546.png