New Highs Coming

Folks, expect new highs. There are major gaps on Asian indices. These must be closed and leadership will come from US market. I don't know the fundamentals but the charts say so. Remember I posted the cup and handle patterns set up which I noted on all major indices earlier in the week. The Jan 2010 correction is offically over. Europeans markets are already leading the first wave charge. We have confirmation on the weekly. Buy with both fists and keep a tight stop. Good Luck. Won't be posting on my positions again until I close my Hang Seng position.

Thanks bud. I agree.

Folks, expect new highs.

There are major gaps on Asian indices. These must be closed and leadership will come from US market. I don't know the fundamentals but the charts say so. Remember I posted the cup and handle patterns set up which I noted on all major indices earlier in the week.

The Jan 2010 correction is offically over. Europeans markets are already leading the first wave charge. We have confirmation on the weekly.

Buy with both fists and keep a tight stop.


Good Luck. Won't be posting on my positions again until I close my Hang Seng position.

good luck to you---I hope your positions reflect what will happen but you should say this might happen
to your positions. Try to be more humble and not make such predictions. If you are right---great
if not---then you still have a 50% chance to be right most of the time. All good chartist will show you --if this maybe that but will never say this will cause that for sure.

good luck to you---I hope your positions reflect what will happen but you should say this might happen
to your positions. Try to be more humble and not make such predictions. If you are right---great
if not---then you still have a 50% chance to be right most of the time. All good chartist will show you --if this maybe that but will never say this will cause that for sure.

I am not booasting, just stating a position. Purpose is to get different views. Sometimes I get good feedback which I use to improve my model. I believe there's a high chance to continue up trend but nothing 100% of course, hence I need to keep a tight stop too. cheers.

Folks, expect new highs.

There are major gaps on Asian indices. These must be closed and leadership will come from US market. I don't know the fundamentals but the charts say so. Remember I posted the cup and handle patterns set up which I noted on all major indices earlier in the week.

The Jan 2010 correction is offically over. Europeans markets are already leading the first wave charge. We have confirmation on the weekly.

Buy with both fists and keep a tight stop.


Good Luck. Won't be posting on my positions again until I close my Hang Seng position.

Near term a pull back has a good chance of occurring. 5 waves up from Feb 5 and 5 waves up from Feb 25 may have finished at the top of the last hour yesterday. On the one minute chart an impulse down traced out from that high. Then a small correction for the rest of the day. Should be ready for the next impulse down right out of the gate Monday morning. Of course what happens after the next impulse down will have to be watched.

Near term a pull back has a good chance of occurring. 5 waves up from Feb 5 and 5 waves up from Feb 25 may have finished at the top of the last hour yesterday. On the one minute chart an impulse down traced out from that high. Then a small correction for the rest of the day. Should be ready for the next impulse down right out of the gate Monday morning. Of course what happens after the next impulse down will have to be watched.

Don't understand ewave but also expect resistance nearby. Will reopen US positions once those are cleared with strenght Mon or Tue.