Jump to content



Photo

I love fractals


  • Please log in to reply
3 replies to this topic

#1 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 28 August 2008 - 09:05 AM

Unlike the other fractal guy, I use other indicators to give better match of fractal's validity (its worked out pretty good for me). Try looking at S&P pattern between july to oct of last year to the pattern formed recently on an hourly scale. This pattern, some have labelled 'the sign of the bear'. As I said before, the bottom is in 2-3 weeks.
Qui custodiet ipsos custodes?

#2 mmm

mmm

    Member

  • Traders-Talk User
  • 195 posts

Posted 28 August 2008 - 10:20 AM

What happened to your earlier call that this is the last time we'll see 1300 in the S&P using your fractal technique?

#3 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 28 August 2008 - 10:48 AM

What happened to your earlier call that this is the last time we'll see 1300 in the S&P using your fractal technique?


Can you provide a link? I don't recall that. Perhaps you mean SPX 1200? And yes, I still think that SPX 1230 will hold, but it may hit 1180. Its time based, not price based.
Qui custodiet ipsos custodes?

#4 Frac_Man

Frac_Man

    Hank Wernicki M.A.

  • Traders-Talk User
  • 1,458 posts

Posted 28 August 2008 - 06:55 PM

I do have a host of other indicators ( proprietary ) to confirm the fractals.

It would be suicide to trade / invest without them ....


Hank









Unlike the other fractal guy, I use other indicators to give better match of fractal's validity (its worked out pretty good for me).

Try looking at S&P pattern between july to oct of last year to the pattern formed recently on an hourly scale. This pattern, some have labelled 'the sign of the bear'.

As I said before, the bottom is in 2-3 weeks.