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Three Humps and a dump...


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#1 SemiBizz

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Posted 20 October 2009 - 05:53 PM

Three Peaks and a Domed House

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http://www.gold-eagl...wood061806.html

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http://bigcharts.mar...&mocktick=1.gif
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

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#2 arty

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Posted 20 October 2009 - 06:04 PM

Has Tim Wood ever been right?

#3 Traderlex

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Posted 20 October 2009 - 07:09 PM

He was right about commodities last summer, one of the few bears in the face of the calls for $250 oil.
"To be a money master, you must first be a self-master." J. P. Morgan

#4 pedro

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Posted 20 October 2009 - 09:07 PM

11, 12, 13, 14 aren't all there on this. maybe just two of them. maybe. I alerted folks over at TickerForum on the blooming 3P&DH on TLT last November, which Nate then posted on his blog. It played out according to the pattern. But this ain't no 3P&DH. That said, I could still see 22 and 23 showing up.

#5 SemiBizz

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Posted 21 October 2009 - 08:25 AM

Yeah, the 3 humpers and dumper folks are pretty suplado about hitting all the points... :lol:

Here's how I see this:

We may have had a "buying climax" back in September, because even with earnings Volume really sucks.

http://www.ltg-tradi...yckoff Wave.pdf

Edited by SemiBizz, 21 October 2009 - 08:27 AM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 SemiBizz

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Posted 21 October 2009 - 03:03 PM

I think that qualifies for HUMPED.... and DUMPED

Edited by SemiBizz, 21 October 2009 - 03:07 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics