On Tuesday, July 24th, stocks plunge after Monday's rebound of an exact Fibonacci .618 of Friday's 149 point plunge on Monday, July 23rd. Is the "Years Ending in a "7" Dedennial Pattern" about to occur in the second half of 2007? We'll discuss this risk in this coming's weekend newsletter. Got anther Hindenburg Omen Tuesday -- not good.
On Tuesday, July 17th, 2007, we closed our Traders Corner Options Position, and realized an 88 percent profit in just 4 trading days! Check the Traders Corner button for details.
We got another Hindenburg Omen observation on Monday, July 23rd, after getting one on Friday July 23rd, after another on July 11th. We have seven since mid-June. This is a confirmed Hindenburg Omen, meaning the potential for a significant stock market correction between now and October 2007 is far greater than normal, after the current short-term rally completes.
Personally, I am sceptical on the H.O. but maybe it will happen. I have no idea, and I doubt McHugh does either.
from the desk of
Started by
Tor
, Jul 25 2007 04:23 AM
3 replies to this topic
#1
Tor
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Posted 25 July 2007 - 04:23 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Tor
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- Traders-Talk User
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Posted 25 July 2007 - 04:41 AM
On Tuesday, July 24th, stocks plunge after Monday's rebound of an exact Fibonacci .618 of Friday's 149 point plunge on Monday, July 23rd. Is the "Years Ending in a "7" Dedennial Pattern" about to occur in the second half of 2007? We'll discuss this risk in this coming's weekend newsletter. Got anther Hindenburg Omen Tuesday -- not good.
On Tuesday, July 17th, 2007, we closed our Traders Corner Options Position, and realized an 88 percent profit in just 4 trading days! Check the Traders Corner button for details.
We got another Hindenburg Omen observation on Monday, July 23rd, after getting one on Friday July 23rd, after another on July 11th. We have seven since mid-June. This is a confirmed Hindenburg Omen, meaning the potential for a significant stock market correction between now and October 2007 is far greater than normal, after the current short-term rally completes.
Personally, I am sceptical on the H.O. but maybe it will happen. I have no idea, and I doubt McHugh does either.
I wonder how these people live, day to day I mean. One of my quotes in life is "you become part of your job". I think this guy must have a serious load of anti depression pills.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#3
spielchekr
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Posted 25 July 2007 - 06:24 AM
So its current handlers have polished it with stage presence and wrapped it in biblical agenda. Who cares? Even though it turns alot of people off, it still can identify a logical point where stock rotation tends to seize up. That's all that matters to me. All the rest is just the stuff that gives it some glitter and charm. My expectations for all oscillating indicators is that none of them can set a target for the outcome. There's other stuff for that.
#4
nicolasillo
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- Traders-Talk User
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Posted 25 July 2007 - 06:37 AM
On Tuesday, July 24th, stocks plunge after Monday's rebound of an exact Fibonacci .618 of Friday's 149 point plunge on Monday, July 23rd. Is the "Years Ending in a "7" Dedennial Pattern" about to occur in the second half of 2007? We'll discuss this risk in this coming's weekend newsletter. Got anther Hindenburg Omen Tuesday -- not good.
On Tuesday, July 17th, 2007, we closed our Traders Corner Options Position, and realized an 88 percent profit in just 4 trading days! Check the Traders Corner button for details.
We got another Hindenburg Omen observation on Monday, July 23rd, after getting one on Friday July 23rd, after another on July 11th. We have seven since mid-June. This is a confirmed Hindenburg Omen, meaning the potential for a significant stock market correction between now and October 2007 is far greater than normal, after the current short-term rally completes.
Personally, I am sceptical on the H.O. but maybe it will happen. I have no idea, and I doubt McHugh does either.
Seven HO signals since mid-june??? I think there must be something wrong in the his calculations. Maybe I am wrong, but I have three with the first one on the 18/07/2007.
