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wave 2 top on dow at 14100?


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#1 gannman

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Posted 12 October 2007 - 12:26 PM

looks that way to me we should be down nicely by the end of the day
feeling mellow with the yellow metal


#2 da_cheif

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Posted 12 October 2007 - 01:14 PM

actually fwiw my hourly model is positioned to turn the market up very hard the last hour.........unless of course the market gets it wrong again......snort

#3 nicolasillo

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Posted 12 October 2007 - 01:32 PM

I think if the market will get it wrong will go up, otherwise down

#4 NAV

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Posted 12 October 2007 - 01:36 PM

actually fwiw my hourly model is positioned to turn the market up very hard the last hour.........unless of course the market gets it wrong again......snort


Same here cheif. I have a countertrend buy on the hourly, which i posted on my blog. One more thrust up today should convert that signal into a trend buy. Whether we thrust up today or just consolidate sideways needs to be seen.

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#5 maineman

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Posted 12 October 2007 - 01:52 PM

looks that way to me we should be down nicely by the end of the day

You might be right...

actually fwiw my hourly model is positioned to turn the market up very hard the last hour.........unless of course the market gets it wrong again......snort

You might be right....

mm
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#6 Russ

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Posted 12 October 2007 - 01:57 PM

looks that way to me we should be down nicely by the end of the day

You might be right...

actually fwiw my hourly model is positioned to turn the market up very hard the last hour.........unless of course the market gets it wrong again......snort

You might be right....

mm



That's so funny...you must really be laughing, laughing and laughing. :D
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#7 Jnavin

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Posted 12 October 2007 - 03:07 PM

I commend all those on this thread who provided their actual real-time bullish or bearish position rather than those who take no position and comment on those who do.

#8 maineman

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Posted 12 October 2007 - 03:27 PM

I commend all those on this thread who provided their actual real-time bullish or bearish position rather than those who take no position and comment on those who do.


jn...that sounds a little snooty...
I can only speak for myself, and my comments were 100% in fun, along with the spirit of the day... I apologize if anyone's feelings were hurt.

I outlined my trading plan fully, noting that as long as we stayed +on the MACD histogram, + on the breakout of the consolidation and +50 on the RSI the bulls were still in charge. You may search for and read my recent posts.

Have a good weekend.

mm
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