Member
Posted 09 April 2024 - 06:59 PM
I always enjoyed both of these guys!
Marty Schwartz and Terry Laundry's "MAGIC T Theory"
April 7, 2024
The market is beginning to show signs of weakness
I would expect it to take a fair amount of time to arrive at a bottom, or an end to seeing cash leave the market. Keep in mind that a declining VO represents money being taken out of the market
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Edited by Rogerdodger, 09 April 2024 - 07:00 PM.
Member
Posted 14 April 2024 - 06:51 AM
GLD T
"There is still the possibility that this extends through April 13:"
A bingo?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 14 April 2024 - 06:53 PM
Sometimes... it is right on.
I don't think it (an ending T) demands lower prices.
T's seem to be a projection of the last period of strength to weakness measured out into the future.
As seen in "Doppler" or radar reflection bounce backs.
Terry Laundry was a radar tech in the military, as I remember.
Waves in a pool hitting a distant pool wall are similar...until the fat guy jumps in and chaos appears.
Edited by Rogerdodger, 14 April 2024 - 06:56 PM.
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