long live flux !
The reason market will never break down
Started by
A-ha
, Feb 22 2008 05:10 PM
9 replies to this topic
#1
A-ha
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Posted 22 February 2008 - 05:10 PM
is the fact that flux went long in the morning of Feb 7... and untill it takes profit it will keep going higher... the rest is bullchit ... I am quite confident that even federal reserve bank can not fight it ... all proven and tested hundred times... its simply omnipotent !
long live flux !
long live flux !
#2
zigzag
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#3
q4wer
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Posted 22 February 2008 - 05:16 PM
did flux generate a sell on 2/1 for you? it is a lot of down points 
#4
dcengr
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Posted 22 February 2008 - 05:22 PM
There's a few problems with this...
Every since the high on 2/13, the market's made lower highs and lower lows..
And BKX and PHK refuse to lead the market.. same with NDX..
I agree sentiment is in EXTREME territory, and that is why it can't breakdown but it also can't seem to get escape velocity as well..
Until something changes, we're in the trading range from hell, and only those nimble and playing both sides will make out.
Qui custodiet ipsos custodes?
#5
zigzag
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Posted 22 February 2008 - 05:52 PM
DC
"Until something changes, we're in the trading range from hell, and only those nimble and playing both sides will make out."
That's the way I see it too. I wouldn't be surprised if A-Ha scores up there in the genius catagory (seriously). And he has had some amazing calls, but I have to go with what I see, right or wrong.
I searched your stuff on your fractal work. That's some really interesting research you have there.
J
#6
atlasshrugged
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Posted 22 February 2008 - 06:22 PM
dont flock with the flux...
i dont know about 1480 but 1420 is feasible with a moniliner bailout
#7
mcleert
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Posted 22 February 2008 - 07:30 PM
is the fact that flux went long in the morning of Feb 7... and untill it takes profit it will keep going higher... the rest is bullchit ... I am quite confident that even federal reserve bank can not fight it ... all proven and tested hundred times... its simply omnipotent !
long live flux !
#8
mcleert
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Posted 22 February 2008 - 07:49 PM
Probably true----but my basic 2 cents worth-------pension plans, 401's are massive-----most cannnot short or buy precious metals---or the oil and commidity sectors. 25 years ago--hardly any body had a 401. You deposit the money in to your custodians account -and you go long.
My point----How can a bearish stock market---compete with the one sided deposits into the casino? It can't-----shorts have to cover eventually-----most 401's go long!!!
But if the dollar continues to deteriate-----what does it matter if you went from 250,00 to 1,000,000 in deposits and market value ---if it is worth 25 cents per dollar when you cash it in?
#9
IndexTrader
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Posted 22 February 2008 - 09:53 PM
But if the dollar continues to deteriate-----what does it matter if you went from 250,00 to 1,000,000 in deposits and market value ---if it is worth 25 cents per dollar when you cash it in?
The only thing worse than this is you were short when it all happened.
IT
#10
redfoliage2
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Posted 23 February 2008 - 02:43 AM
I'm in general agreement but I got a feasible of 1440 though.dont flock with the flux...
i dont know about 1480 but 1420 is feasible with a moniliner bailout
