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#1 IYB

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Posted 14 March 2008 - 03:03 PM

Thanks Roger. Good thoughts. I'm thinking that this may be more like the bounce off of the January 9 low, which came (just like this low and bounce) 9 trading days into the slide that began just after Christmas. This one came 9 days into the slide which began from my last SS sell. I'll be watching the RSI's and may add to shorts on a retest of yesterday's highs on the 2 and 5 day- sometime around Friday. We'll see how it plays out....Best regards, D

Roger- this is what I meant....this week's bounce was just like bounce off of Jan 9 low and subsequent failure. Your charts helped me see that, so that I could add accordingly....Mahalo!http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p95021789584&a=114816680&r=9938.png

Edited by IYB, 14 March 2008 - 03:06 PM.

“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds

#2 milbank

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Posted 14 March 2008 - 03:19 PM

See folks? Rogerdodger is not just another pretty face!
That's Roger (on the left)...giving head to Giselle.
Posted Image
Picture courtesy of Client No. 9

Edited by milbank, 14 March 2008 - 03:20 PM.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#3 IYB

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Posted 14 March 2008 - 03:26 PM

Looks like he has something caught in his teeth. Must be spinach..... :P
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds

#4 StillLearnin

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Posted 14 March 2008 - 03:27 PM

You guys crack me up.... SL

#5 iloli way

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Posted 14 March 2008 - 03:36 PM

See folks? Rogerdodger is not just another pretty face!
That's Roger (on the left)...giving head to Giselle.
Posted Image
Picture courtesy of Client No. 9

:lol: :lol: :lol:

"Your a funny guy!"

(hope you don't react like Joe Pesci... in Goodfella.)
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#6 milbank

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Posted 14 March 2008 - 03:39 PM

I didn't even tell you guys the best part... Giselle paid Rog with Euros. B)

Edited by milbank, 14 March 2008 - 03:41 PM.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#7 Rogerdodger

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Posted 14 March 2008 - 07:30 PM

Thanks back at you Don.
I have this chart labled "IYB's 4 year cycle".
It's one you posted a few years? ago.
Look at the 55week ma.
Enough said.
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&st=1998-01-01&i=p49537787584&a=42930244&r=5277.png

#8 milbank

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Posted 14 March 2008 - 08:17 PM

It's incredible how well this has been mirroring so far.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#9 IYB

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Posted 14 March 2008 - 11:01 PM

Look at the 55week ma.
Enough said.

Yep. Context is everthing.....Very Best, D
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds