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Posted 14 July 2016 - 02:10 PM
dax and cac started to get down in april 2015 and so far are both in a well defined downtrending channel....don' t know what kind of bullishness that is.......america is another thing......but I would pay attention because the dax too rised parabolically before marking its all time high in april 2015......what happened then is known......and I was waiting for it
Edited by andr99, 14 July 2016 - 02:18 PM.
forever and only a V-E-N-E-T-K-E-N - langbard
Member
Posted 14 July 2016 - 02:14 PM
dax and cac started to get down in april 2015 and so far are both in a well defined downtrending channel....don' t know what kind of bullishness that is.......america is another thing......but I would pay attention because the dax too rised parabolically before marking its all time high in april 2015......what happened then is known......and I was waiting for it
Just letting you know what's going on under the hood...it's your choice to either embrace it or toss it aside as being inconsequential.
Fib
Edited by fib_1618, 14 July 2016 - 02:15 PM.
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.
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Posted 14 July 2016 - 02:25 PM
dax and cac started to get down in april 2015 and so far are both in a well defined downtrending channel....don' t know what kind of bullishness that is.......america is another thing......but I would pay attention because the dax too rised parabolically before marking its all time high in april 2015......what happened then is known......and I was waiting for it
Just letting you know what's going on under the hood...it's your choice to either embrace it or toss it aside as being inconsequential.
Fib
Sorry but if I trade Europe, for what reason in the world should I be long given that Europe (i don' t follow England though) is trending down ? I can understand that everyone that is bullish is excited in this moment because of the spx break up........but there are breaks up and traps under the form of a last parabolic hurrah meant to let the last skeptical bulls in, before closing the door. That is what I think.
forever and only a V-E-N-E-T-K-E-N - langbard
Member
Posted 14 July 2016 - 03:16 PM
Sorry but if I trade Europe, for what reason in the world should I be long given that Europe (i don' t follow England though) is trending down?
Because people who are smarter and wealthier than you or I are buying European stocks, in particular the DAX, at current levels.
You decide...I'm just a mere conduit.
Fib
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
Volume Dynamics Specialist
Posted 14 July 2016 - 03:21 PM
Watch the GS chart... they will serve no WHINE until it's TIME...
Right now it's about as bullish as it gets off the last low at 138s... traded at 161 premarket
This chart Is very well behaved and tells no tales.
Well, if you do the Fibonacci work here... we tested a 1.618 X today, closed back under it... it will be interesting to see if it can continue to POWER HIGHER... Otherwise it sure looks like it, strong volume, unbelievable momentum
Member
Posted 14 July 2016 - 03:33 PM
the two most valued TA analysts I know, that by coincidence are both Venetic as myself (but it's a mere coincidence), are both pessimistic about the spx as I am. They have a proven track record. I don' t know in what range of smartness the three of us are......but I' m sure it's good enough to let us make some money and that's all I take care of. I don' t want to convince anyone in any case......I don' t make money from that. But I want to say that not the whole board here is bullish as I' m not.
Edited by andr99, 14 July 2016 - 03:34 PM.
forever and only a V-E-N-E-T-K-E-N - langbard
Member
Posted 14 July 2016 - 08:59 PM
Fib - sometimes you say you have a better understanding and put down others, that you are a unique prognosticator.... othertimes, like here you say you are a mere conduit - a mere conduit of what ? a conduit of knowlege that you have not worked at and that you have no special understanding of - you are just a passive pipe - is that what you are saying? that you just write down the word of the Lord but you are nothing special yourself?
Member
Posted 14 July 2016 - 11:47 PM
and Armstrong's system has had even higher potential targets on the Dow for even longer.
In 1999, Japanese fraud investigators determined that Armstrong had been collecting money from Japanese investors, improperly "commingling" these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.[9] Assisting Armstrong in his scheme was the Republic New York Bank, which produced false account statements to reassure Armstrong's investors. In 2001, the bank agreed to pay US$606 million as restitution for its part in the scandal.
Markets may go higher or lower. But please don't quote this guy on market timing.The guy basically ran a ponzi scheme. If he had these prescient models and his computer which can achieve self-awareness, why on earth did he suffer losses ?
Martin is basically a deluded guy. I was convinced when i read this. Wow !
https://www.armstron...l-intelligence/
QUESTION: You are a legend in programming that you seem not to be aware of. The debate has been did your computer achieve self-consciousness?
ANSWER: No. It achieved self-awareness. It immediately knew the government was trying to take it to its secret computer lab in WTC building 7 that mysterious collapsed even though nothing struck the building. They were angry when they realized it had self-destructed. It was aware of its surroundings and it took all but 7 seconds to self-destruct overwriting all code 7 times and shifting around so they could never un-erase and put him back together again.
Member
Posted 15 July 2016 - 08:22 AM
LOL Nav. What a rare find on Armstrong!
By the way, are you gonna start posting on twitter again?
Martin is basically a deluded guy. I was convinced when i read this. Wow !
https://www.armstron...l-intelligence/
QUESTION: You are a legend in programming that you seem not to be aware of. The debate has been did your computer achieve self-consciousness?
ANSWER: No. It achieved self-awareness. It immediately knew the government was trying to take it to its secret computer lab in WTC building 7 that mysterious collapsed even though nothing struck the building. They were angry when they realized it had self-destructed. It was aware of its surroundings and it took all but 7 seconds to self-destruct overwriting all code 7 times and shifting around so they could never un-erase and put him back together again.
Member
Posted 15 July 2016 - 08:32 AM
By the way, are you gonna start posting on twitter again?
Takes too much of my time and energy. :-(
