Look a little closer at the NYMO and you'll see a divergent bottom from Thursday showing weakness by the sellers.It seems to me the setup on NYMO and NAMO are on a ledge and want to take another step lower...
Fib
Posted 26 February 2012 - 11:08 PM
Look a little closer at the NYMO and you'll see a divergent bottom from Thursday showing weakness by the sellers.It seems to me the setup on NYMO and NAMO are on a ledge and want to take another step lower...
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Posted 26 February 2012 - 11:09 PM
Excellent Fib. Thanks very much. I use McO's in a different way than you, Tom McClellan, the textbooks, and the rest. In fact purists would call my methods "heresy". So I have a different overall short term outlook based on factors related to your #2 factor.... which dominates my timing work.
But we couldn't even have a market if we all agreed on everything. Plus we absolutely agree on the Primary Cycle and the Intermediate Term Trend..... as well as that it will be an very interesting week ahead. Very best regards and continued success, D
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Posted 26 February 2012 - 11:16 PM
Absolutely true Mikey. Good read of the indicators.... one "normal" down day and we are there. That said though- I regard the current environment as kind of like 2009, where SSSS's will be very short lived - so should we get one (as soon possibly as tomorrow) - I'll treat it very conservatively and cautiously. I'll play it, but not aggressively. Fwiw. Good trading, DExcellent Fib. Thanks very much. I use McO's in a different way than you, Tom McClellan, the textbooks, and the rest. In fact purists would call my methods "heresy". So I have a different overall short term outlook based on factors related to your #2 factor.... which dominates my timing work.
But we couldn't even have a market if we all agreed on everything. Plus we absolutely agree on the Primary Cycle and the Intermediate Term Trend..... as well as that it will be an very interesting week ahead. Very best regards and continued success, D
Don, how easy would it be to get all 7 into sell territory???
It seems to me the the bands on your BPCOMPQ are getting real tight and one good down day will change your IT view...
Edited by IYB, 26 February 2012 - 11:17 PM.
Posted 26 February 2012 - 11:29 PM
Look a little closer at the NYMO and you'll see a divergent bottom from Thursday showing weakness by the sellers.It seems to me the setup on NYMO and NAMO are on a ledge and want to take another step lower...
Fib
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
Posted 27 February 2012 - 08:10 AM
Posted 27 February 2012 - 08:53 AM
Derivatives? Random Event? Prices pull up and drag down the MCO?predicting prices based on derivatives is a random event...it is higher prices that will pull nymo up and lower prices that will drag nymo lower..not vice versa...
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Posted 27 February 2012 - 09:17 AM
Edited by andiron, 27 February 2012 - 09:20 AM.
Posted 27 February 2012 - 09:31 AM
I have nothing to prove...sorry, go find some other playmate.why not put your positions on the board ..timestamped and all...and we will all see how good you are///
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Posted 27 February 2012 - 09:48 AM
Absolutely true Mikey. Good read of the indicators.... one "normal" down day and we are there. That said though- I regard the current environment as kind of like 2009, where SSSS's will be very short lived - so should we get one (as soon possibly as tomorrow) - I'll treat it very conservatively and cautiously. I'll play it, but not aggressively. Fwiw. Good trading, DExcellent Fib. Thanks very much. I use McO's in a different way than you, Tom McClellan, the textbooks, and the rest. In fact purists would call my methods "heresy". So I have a different overall short term outlook based on factors related to your #2 factor.... which dominates my timing work.
But we couldn't even have a market if we all agreed on everything. Plus we absolutely agree on the Primary Cycle and the Intermediate Term Trend..... as well as that it will be an very interesting week ahead. Very best regards and continued success, D
Don, how easy would it be to get all 7 into sell territory???
It seems to me the the bands on your BPCOMPQ are getting real tight and one good down day will change your IT view...
Posted 27 February 2012 - 10:42 AM
Absolutely true Mikey. Good read of the indicators.... one "normal" down day and we are there. That said though- I regard the current environment as kind of like 2009, where SSSS's will be very short lived - so should we get one (as soon possibly as tomorrow) - I'll treat it very conservatively and cautiously. I'll play it, but not aggressively. Fwiw. Good trading, DExcellent Fib. Thanks very much. I use McO's in a different way than you, Tom McClellan, the textbooks, and the rest. In fact purists would call my methods "heresy". So I have a different overall short term outlook based on factors related to your #2 factor.... which dominates my timing work.
But we couldn't even have a market if we all agreed on everything. Plus we absolutely agree on the Primary Cycle and the Intermediate Term Trend..... as well as that it will be an very interesting week ahead. Very best regards and continued success, D
Don, how easy would it be to get all 7 into sell territory???
It seems to me the the bands on your BPCOMPQ are getting real tight and one good down day will change your IT view...
thanks for all the info MikeyG
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."