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Re Market TOPPING FORMATION


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#1 Mr Dev

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Posted 01 November 2007 - 03:21 PM

Just updating the thread from a few days ago along with a little ,..self recognition.

My Oct 26/27th post

Edited by Mr Dev, 01 November 2007 - 03:22 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#2 BCB

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Posted 01 November 2007 - 06:39 PM

Just updating the thread from a few days ago along with a little ,..self recognition.

My Oct 26/27th post


No worries about the self-recognition, Mr. Dev....
Your hard work and postings are MUCH appreciated by MANY (I am sure) every single time you post....
Some post all the time, and say little....and a few post sparingly, and speak VOLUMES.....

And as someone else mentioned, thank you for bringing the RUT to my attention as well, because that led me to the TWM... :-)

With much respect, you are "Da MAN", sir....

Barry

#3 Russ

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Posted 01 November 2007 - 08:23 PM

This looks quite different than last July...

http://stockcharts.com/c-sc/sc?s=$NYSI&p=W&b=1&g=0&i=p17054226534&r=8833.png
"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



http://marketvisions.blogspot.com/

#4 Mr Dev

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Posted 01 November 2007 - 08:43 PM

This looks quite different than last July...

http://stockcharts.com/c-sc/sc?s=$NYSI&p=W&b=1&g=0&i=p17054226534&r=8833.png



Yes Russ

On other charts it is very different ,....and on the charts like the CPC chart I referenced

it is very similar.

I used something to show folks the down move that was coming,..similar to the set up in July,.

I couldn't really see that on charts like your NYSI or even the NASI.

Just not the same information.

So I guess it takes more than one chart to skin a market eh ! ;)

What I also saw and shared with Macke "the lone wolf" 2 days ago,..was my classic 4/20 back kiss showing up

on charts (4/18 actually).

I think I got his attention now! ;)

Edited by Mr Dev, 01 November 2007 - 08:45 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#5 Russ

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Posted 01 November 2007 - 08:59 PM

Yes Russ

On other charts it is very different ,....and on the charts like the CPC chart I referenced

it is very similar.


Well the proof is in the pudding and your work produced some good stuff for now. I am seeing the same divergences in money flow and momentum as I saw on Oct.19, on that weekend I predicted the low would happen on the following monday on this board. I am expecting a drop in the morning and then a recovery. I doubt it can stay below the 200 ma if it gets there. Also look at how the NYAD is diverging relative to the 19th's low.
That's my 2 cents. :)

http://stockcharts.com/c-sc/sc?chart=$NYAD,uu[600,530]daulnnmy[p].png
"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



http://marketvisions.blogspot.com/

#6 Mr Dev

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Posted 01 November 2007 - 09:08 PM

The Tuesday email I sent to Macke,


Posted Image



Hey Russ,

I actually see a totally different type NASI chart from the one last July,..although it's still showing a sell signal

this one has much more support for the NDX.

The summations for the markets should also be watched closely here in the next few days.

Edited by Mr Dev, 01 November 2007 - 09:10 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#7 Russ

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Posted 01 November 2007 - 09:23 PM

I actually see a totally different type NASI chart from the one last July,..although it's still showing a sell signal

this one has much more support for the NDX.

The summations for the markets should also be watched closely here in the next few days.



Yes I agree the Ndx looks much stronger than spx or dow. I notice that Eric Hadik at www.insiidetrack.com is saying something similar that there will be a rally in Nov. but only the NDX will make new highs. Then we get the low that Airedale88 has been predicting going into mid or late Dec.
"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



http://marketvisions.blogspot.com/