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Friday's Market Fractal


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#1 Frac_Man

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    Hank Wernicki M.A.

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Posted 12 October 2007 - 12:02 AM

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#2 relax

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Posted 12 October 2007 - 03:08 AM

English please ;-)

#3 youmast

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Posted 12 October 2007 - 09:30 AM

English please ;-)


In plain English... I see only F-words on the chart. What's the point of such F-analysis?

#4 traderpaul

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Posted 12 October 2007 - 10:01 AM

Yuri, This market moves not on factual, e-wave or any TA, it moves on news.....They told me that the auto sales were strong at wholesale level.....Hummmmm new models are coming up.....How about retail sales?.....It stinks.....My freind who works at a big three (US) dealer told me yesterday they were so slow, they sent some of the salesman home.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#5 OEXCHAOS

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Posted 12 October 2007 - 10:53 AM

English please ;-)


In plain English... I see only F-words on the chart. What's the point of such F-analysis?


I see F___! Look out below!

It's a fractal. Markets resemble themselves.

Sometimes.

Mark

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#6 Pabst

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Posted 12 October 2007 - 11:20 AM

Can you say human fade.....
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#7 OEXCHAOS

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Posted 12 October 2007 - 11:33 AM

No, I can't and neither can you. Ahem. See the TOS. BTW, I think Hank miscounted it. I think we're at the final F about now. M

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#8 maineman

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Posted 12 October 2007 - 11:51 AM

So you see a pullback starting sometime very soon? mm
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#9 OEXCHAOS

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Posted 12 October 2007 - 02:29 PM

Yes. Just enough to trigger a Sell from the daily MACD. Then it's off to the races again. M

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