Do your own research!

Here is mine's!
New forecast is in red.
jmho
espresso

http://stockcharts.com/h-sc/ui?s=$NYA...amp;a=191984041

Here is something i came across in my research... http://slopeofhope.c...antabnomad.html

Correction Is Likely Finished (by cantabnomad)

How poor is the outlook for equities? Very, very poor. It is a disaster waiting to happen. While in the short-term marginal new highs are possible for most indices, in the medium-term risk and related assets are likely to face substantial difficulties moving higher, and will most likely move lower swiftly.

He's been a bear all the way up, along with his pal at X-trends. Could be different this time, though. Beware the bear who does not discuss liquidity.

espresso... Would you mind explaining a little what those lines mean... You believe a new high will be made and then we will reach new lows? Where does this come from? You only see one upside corrections on the way down? From my perspective, without knowing what those lines mean it looks like you believe the market is going down so you drew lines to confirm your opinion... In my experience, I have never seen anyone be serious about drawing lines like that... If your opinion is that the markets will fall off that's fine but I assume by posting you wanted to either get comments on your opinion or convince some of your opinion... I really can't see how that is possible given the limited explanation and seemingly random line drawing... Not trying to stir things up just trying to understand your reasoning...

Edited by souelle6, 08 March 2010 - 10:32 AM.

espresso... Would you mind explaining a little what those lines mean... You believe a new high will be made and then we will reach new lows? Where does this come from? You only see one upside corrections on the way down? From my perspective, without knowing what those lines mean it looks like you believe the market is going down so you drew lines to confirm your opinion... In my experience, I have never seen anyone be serious about drawing lines like that... If your opinion is that the markets will fall off that's fine but I assume by posting you wanted to either get comments on your opinion or convince some of your opinion... I really can't see how that is possible given the limited explanation and seemingly random line drawing... Not trying to stir things up just trying to understand your reasoning...

Hi souelle,
the lines are my forecast!
I use mostly my spesi that's a signal I developed and very briefly explained years ago, but largely a secret method.
My spesi is a total forecasting signal, nothing like follow a trend, I'm here to forecast the future! Basically I do this crossing reference all the spesi i find in most important markets and different time frames. Plus obviously I consider something I like even if it's not mine and TT is also a great source.
I don't want get comments or convince anyone of my opinion, that's what I really hate! Unfortunately I feel that every time a forecast is made public, is then trashed by the market. Nonetheless I'll try to do it, just for the pleasure of TT followers.
I've been doing this with the only intent to make my name here!
Your fearless forecaster
espresso

In fact the strange topic title is actually for discourage the mass to open it! I don't like my forecast to be any popular, I just like to inform the great traders that share this board of my opinion and anyone who's attentive to my posts...

espresso, just to let you know that you have made great calls and I always open your post. Keep up the good work and thank you for sharing.

espresso, just to let you know that you have made great calls and I always open your post. Keep up the good work and thank you for sharing.

thanks gti that's great to hear!

"DO YOUR OWN RESEARCH" That's right on the money, espresso. I agree with gti_99. I enjoy reading comments by both you and souelle6, and I only wish that you'd share more. Thanks.

espresso, just to let you know that you have made great calls and I always open your post. Keep up the good work and thank you for sharing.

thanks gti that's great to hear!

Likewise, I am always interested in your view too!

gis