http://xtrends.blogs...t-reversal.html
More about \"the key reversal\"
Started by
A-ha
, Mar 15 2007 08:06 AM
4 replies to this topic
#2
![](https://www.traders-talk.com/mb2//public/style_images/traders234/icon_share.png "More about \\"the key reversal\\": post #2")
muppet
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Posted 15 March 2007 - 08:40 AM
XD - Your "All truth passes through 3 stages" quote (below) ...... love it ..... so accurate.
There are many health related examples .... where science has proven things ... beyond a shadow of a doubt, but naysayers continue their feeble protests (especially when the almighty dollar is involved).
Best, 
"All truth passes through three stages" said the philosopher Schopenauer. "First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." The self-evident component will eventually and continually be distracted from because the "sheep", in this mode, become a threat. In other words, the dogs of persuasion begin to lose control. That is where the dogs change the script and move on.
"All truth passes through three stages" said the philosopher Schopenauer. "First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." The self-evident component will eventually and continually be distracted from because the "sheep", in this mode, become a threat. In other words, the dogs of persuasion begin to lose control. That is where the dogs change the script and move on.
Edited by muppet, 15 March 2007 - 08:43 AM.
#3
da_cheif
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Posted 15 March 2007 - 08:59 AM
XD - Your "All truth passes through 3 stages" quote (below) ...... love it ..... so accurate.
There are many health related examples .... where science has proven things ... beyond a shadow of a doubt, but naysayers continue their feeble protests (especially when the almighty dollar is involved).
Best,
"All truth passes through three stages" said the philosopher Schopenauer. "First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." The self-evident component will eventually and continually be distracted from because the "sheep", in this mode, become a threat. In other words, the dogs of persuasion begin to lose control. That is where the dogs change the script and move on.
"All bull markets passes through three stages" said the philosopher Schopenauer. "First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident."
#4
sglasson
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Posted 15 March 2007 - 10:12 AM
xD, your under the microscope, good luck . . .
"From this point I expect the market to trade as follows:
Today the market should gap up because of the yesterday's momentum and sentiment. There is a lot of reversal talks out there and that will cause some greedy retail buying before the open.
After a brief buying spree for about 10-15 minutes, I expect the indices to start the next leg down, which should initially look like an intraday pull back."
crap, what happened to the gap, thought it was a lock especially with Asia up overnite too, oh well
http://stockcharts.c...3285&r=3286.png
"From this point I expect the market to trade as follows:
Today the market should gap up because of the yesterday's momentum and sentiment. There is a lot of reversal talks out there and that will cause some greedy retail buying before the open.
After a brief buying spree for about 10-15 minutes, I expect the indices to start the next leg down, which should initially look like an intraday pull back."
crap, what happened to the gap, thought it was a lock especially with Asia up overnite too, oh well
http://stockcharts.c...3285&r=3286.png
