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#21 andr99

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Posted 03 November 2022 - 05:26 PM

It's difficult to have a dialogue with someone who understands what he wants to or maybe someone who understands very well, but doesn't want to say it. I have never said the dax leads America. I have a well working indicator on the dax which tells me where major turning points are. And given that western markets most often turn together I can understand when America turns simply looking at my dax indicator. The margin of error is little and given that I trade the LT, it is acceptable to me. I'm not talking about the theory of relativity, I'm talking about something that is very basic. For the n-th time, the last one however because I've got enough. As for 2007, I wasn' t here, but it doesn't change anything to me if you believe or not. 

Transmission closed. You know I'm LT bullish here, time will tell who is wrong and who is right.    


Edited by andr99, 03 November 2022 - 05:27 PM.

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#22 fib_1618

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Posted 03 November 2022 - 06:02 PM

 I have never said the dax leads America.

 

I guess you're truthfully challenged....anyone can look it up.

 

Fib


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#23 An Ant

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Posted 03 November 2022 - 06:54 PM

Folks,

Don't make Fib leave TT.



#24 Chilidawgz

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Posted 03 November 2022 - 08:10 PM

please play nice nice guys.


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#25 pdx5

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Posted 03 November 2022 - 09:14 PM

Does any one here think SPX will be in 3000 neighborhood during 2023?


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#26 Chilidawgz

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Posted 03 November 2022 - 11:27 PM

Does any one here think SPX will be in 3000 neighborhood during 2023?

My weekly chart says 3200-3450,but, we will trade up and down to get there. I trade two and four hour charts. Sorta swing/position trader here.


Edited by Chilidawgz, 03 November 2022 - 11:29 PM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
 

#27 andr99

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Posted 04 November 2022 - 01:48 AM

''Newton's three laws of motion''......they are called ''first, second and third principle of dynamics''. Dynamics is the branch of phisics linking motion to its causes. The third principle also known as principle of action and reaction simply says that two bodies that are interacting, exchange between each other, two forces that are equal and opposite. That happens also when the two bodies aren' t moving, like a book on a table. The book receives a force from the table and the table receives an equal and opposite force from the book. None of them is moving, because a rigid body that is under the action of a balanced system of forces can be just in quiet or in rectilinear uniform motion and these are in quiet. 


forever and only a V-E-N-E-T-K-E-N - langbard


#28 andr99

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Posted 04 November 2022 - 02:03 AM

The book is under the action of its own weight which is balanced by the table's reaction it receives. The table is under the action of its own weight, the weight of the book it substains and the reaction it receives from the ground and this second too is a balanced system of forces. And they' re both not moving......what a surprise. They are respecting ''a law of motion'' without moving......phenomenal


Edited by andr99, 04 November 2022 - 02:05 AM.

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#29 12SPX

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Posted 04 November 2022 - 08:41 AM

Does any one here think SPX will be in 3000 neighborhood during 2023?

I do in the end, maybe even 24-2500 but be better to look at that depending on where were at year end!!



#30 andr99

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Posted 06 November 2022 - 02:44 PM

 

am I wrong or on october 10th, you were expecting a top marking the start of a downside movement ?

 

I don't remember making any such post since I was on the road at that time, but if you can provide a direct link I would appreciate it and I can then address it.

 

On the second notion....I'm not necessarily replying to you but to those who are actually interested in making money on a consistent basis and not use guess work as their proxy for doing so.

 

Fib

 

 

You were right fib, it was not on october 10th, it was on october 25th...........you wrote : 

 

"The 10 day moving average of put/call ratios continues to reflect a marketplace that is closer to a top than that of a bottom, while the NYSE Open 10 Trading Index closed on Friday at an "overbought" reading of .77 and almost matching the .75 signal we had when prices topped out on September 12th."

 

taken from this link :

 

https://www.traders-...go-short-today/

 

a september 12th kind of situation you said.....well, it doesn' t seem to me it played out as you were expecting 

 

I can be wrong with dates, but not with substance 


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