I love fractals
Started by
dcengr
, Aug 28 2008 09:05 AM
3 replies to this topic
#1
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
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
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
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
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.










