Jump to content



Photo

the bumps just keep getting bigger.......


  • Please log in to reply
28 replies to this topic

#1 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,964 posts

Posted 02 August 2009 - 02:45 PM

http://siliconinvest...?msgid=25832015

the 98 bump and the oct 98 hiccup faded into a pimple........this one will do the same

#2 nimblebear

nimblebear

    Welcome to the Dark Side !

  • Traders-Talk User
  • 6,062 posts

Posted 02 August 2009 - 03:10 PM

so do the plummets ! :P
OTIS.

#3 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 02 August 2009 - 03:30 PM

http://siliconinvest...?msgid=25832015

the 98 bump and the oct 98 hiccup faded into a pimple........this one will do the same

Don one tiny little problem... we are trading under that pimple again over 10 years later but as we have seen over that same period we on occasion lose rational thought for a little while. Some things just never change :D

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#4 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,964 posts

Posted 02 August 2009 - 04:07 PM

http://siliconinvest...?msgid=25832015

the 98 bump and the oct 98 hiccup faded into a pimple........this one will do the same

Don one tiny little problem... we are trading under that pimple again over 10 years later but as we have seen over that same period we on occasion lose rational thought for a little while. Some things just never change :D



leave it to you to see a series of rising tops and rising bottoms as bearish....... :lol:

#5 inamosa

inamosa

    Patterns-based Trader and Investor in ETFs and Futures

  • Traders-Talk User
  • 1,638 posts

Posted 02 August 2009 - 04:59 PM

We haven't seen the lows of this secular bear yet but we haven't seen the highs of this cyclical bull yet, either We're going to make a high lower than the Dow's 2007 high, and that (a partial rise within an expanding triangle) will be a precursor to a bottom below the March lows, perhaps well below

Edited by alysomji, 02 August 2009 - 05:00 PM.

"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months

#6 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,964 posts

Posted 02 August 2009 - 05:39 PM

We haven't seen the lows of this secular bear yet but we haven't seen the highs of this cyclical bull yet, either

We're going to make a high lower than the Dow's 2007 high, and that (a partial rise within an expanding triangle) will be a precursor to a bottom below the March lows, perhaps well below



based on what........

#7 inamosa

inamosa

    Patterns-based Trader and Investor in ETFs and Futures

  • Traders-Talk User
  • 1,638 posts

Posted 02 August 2009 - 06:02 PM

Pure speculation - more than what I can say for your one phrase threads Partial rises within expanding triangles normally lead to breakdowns in price - below the lower line of the expanding triangle

Attached Thumbnails

  • 8_2_2009___dow.png

"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months

#8 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,964 posts

Posted 02 August 2009 - 06:18 PM

" Partial rises within expanding triangles normally lead to breakdowns in price - below the lower line of the expanding triangle" and who told you that.......i didnt tell you that did i?????.....

#9 inamosa

inamosa

    Patterns-based Trader and Investor in ETFs and Futures

  • Traders-Talk User
  • 1,638 posts

Posted 02 August 2009 - 06:22 PM

.

Attached Thumbnails

  • partrise.jpg

Edited by alysomji, 02 August 2009 - 06:23 PM.

"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months

#10 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,964 posts

Posted 02 August 2009 - 06:30 PM

.



which index was that and when?