10 replies to this topic

[Frac_Man]

We all know as traders that you buy on declines and sell of rallies right ? NOT NOW THOUGH , but a heads up gentlemen and ladies <<<< Watch the dates ---- this a day traders dream !! Hank

[eminimee]

......Sounds like a Batman riddle....no idea what you are trying to communicate. .. but I gather you are saying that a buying op is near...not yet ....and watch dates that you have given on your site or somewhere in another post ?

[risktaker]

I think Frac_Man posted a 1998 monthly chart with July 1998 as a Key Reversal month (just like last month) followed by a big down August. He is probably implying that this month is going to be just like that. Unfortunately, I could not find his post right now.

[Frac_Man]

In my past posts correct <<<< End of August may be the major bottom !!!!

But this selling should continue into next week ......... we'll see Tea Party

Hank

......Sounds like a Batman riddle....no idea what you are trying to communicate. .. but I gather you are saying that a buying op is near...not yet ....and watch dates that you have given on your site or somewhere in another post ?

[nicolasillo]

So what should we expect? A bounce back to the previous rally? and then down?
Fed just announced they opened the discount window, so I guess it may help a small rally today.

We all know as traders that you buy on declines and sell of rallies right ?

NOT NOW THOUGH , but a heads up gentlemen and ladies <<<<

Watch the dates ---- this a day traders dream !!

Hank

[ogm]

Tell us! Tell us ! The suspense is killing me ! I think the opportunity is here. Sure it can go lower as liquidations and margin calls mount, but .....

[Frac_Man]

yes

I think Frac_Man posted a 1998 monthly chart with July 1998 as a Key Reversal month (just like last month) followed by a big down August. He is probably implying that this month is going to be just like that. Unfortunately, I could not find his post right now.

Let's see if the FED can help today ...........

Should be an interesting day to say the least

So what should we expect? A bounce back to the previous rally? and then down?
Fed just announced they opened the discount window, so I guess it may help a small rally today.

We all know as traders that you buy on declines and sell of rallies right ?

NOT NOW THOUGH , but a heads up gentlemen and ladies <<<<

Watch the dates ---- this a day traders dream !!

Hank

[Tor]

Hank you just talk in riddles all the time!!! Are you saying some lows are here, or end of month? if you saying now or next few days, it agrees with my work. Its like the joker/penguin in batman...........holy shmokes!! I think some of your calls aould be great if you can keep them in plain english. sorry to say this, i mean no disrespect.

Edited by Tor, 10 August 2007 - 08:28 AM.

[espresso]

http://www.traders-t...showtopic=74239

[Tor]

I wouldnt say August 31 was "just round the corner". Anyway you are looking for a top on August 18th, right? So no lows NOW. TIA