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SPX projected target 1680 by the end of the year


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#21 zigzag

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Posted 17 March 2008 - 11:13 AM

You are loosing credibility on this board, posting trash things

Insider


I don't think anyone on this thread is losing credibility. Not yet anyway. From the peanut gallery it looks like some very knowledgable guys are having a throw down but that's it. It's tense right now. Personally I'm amazed at how many people keep asking Atilla (every 1/2 day) whatcha gonna do? whatcha gonna do? whatcha gonna do? He gave the log chart of the NDX that defines his trade and said a small breach doesn't count. Even I can follow that chart. On a weekly close, it's still in tact.

J

p.s. I think anyone who HAS to know what Atilla is doing must be riding his coat tails or is interested in the demise of his reputation here. He never gave any advice to anyone.


Look at the title of this topic "SPX projected target 1680 by the end of the year"

This looks trash to me

Insider


Maybe it's just me, but I would give him some room on that call. I'm still amazed at his ability.

#22 Insider

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Posted 17 March 2008 - 11:20 AM

You are loosing credibility on this board, posting trash things

Insider


I don't think anyone on this thread is losing credibility. Not yet anyway. From the peanut gallery it looks like some very knowledgable guys are having a throw down but that's it. It's tense right now. Personally I'm amazed at how many people keep asking Atilla (every 1/2 day) whatcha gonna do? whatcha gonna do? whatcha gonna do? He gave the log chart of the NDX that defines his trade and said a small breach doesn't count. Even I can follow that chart. On a weekly close, it's still in tact.

J

p.s. I think anyone who HAS to know what Atilla is doing must be riding his coat tails or is interested in the demise of his reputation here. He never gave any advice to anyone.


Look at the title of this topic "SPX projected target 1680 by the end of the year"

This looks trash to me

Insider


Maybe it's just me, but I would give him some room on that call. I'm still amazed at his ability.


Nobody can predict the future, or long term events...even his flux capac... :lol:

Insider
BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#23 zigzag

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Posted 17 March 2008 - 11:37 AM

Nobody can predict the future, or long term events...even his flux capac... :lol:

Insider


No kidding. Atilla's Flux is a humorous way of saying I've done a lot of research and I'm not going to give it away. It doesn't take a genius to understand that. I've learned a bunch from him and I'm grateful.

I'll say one more thing and I'm done with this. Atilla shared the biggest long position of his career. He is in the arena for all the readers here to see. He deserves leniency and respect for that alone.

Best

J

#24 iloli way

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Posted 17 March 2008 - 11:54 AM

Insider, Do post as usual with your position changes. As far as I know, you are the few ones so far profitable with every trade as you posted them, on a closing basis. Keep it up posting , and good luck. BTW, I am flat here and now too. I don't ride on your coattail, just simply enjoy your trades. goflow
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#25 relax

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Posted 17 March 2008 - 12:11 PM

[/quote] Nobody can predict the future, or long term events...even his flux capac... :lol: Insider [/quote] Martin Armstrong did quite a good job on that, and you are not bad too ;-) Let us know when you go short again, insider

#26 thespookyone

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Posted 17 March 2008 - 01:12 PM

Ewave "palm reading" combined with a knowledge of market internals-going quite well here-thanks.

#27 arbman

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Posted 17 March 2008 - 02:15 PM

The fact is e-waves require you to have a separate market knowledge disqualifies it from a predictive technical tool to begin with. If you want to understand the market wiggles, you need to use cycles and adapt to its subtle changes over time...

The difference in between cycles and the e-waves is clear, one of them predicts based on the wiggles at the surface, the other one predicts based on the currents underneath. The qualified cycle decomposition will usually provide an unique solution, it will be independent of the market technicians' perception and it is completely mechanical as you would expect from a technical tool, e-waves is completely the opposite. A qualified cycle decomposition would at least satisfy the basic principles of the Nyquist theorem about the basic information (or signal) processing...

The e-waves analysis is limited to the pattern dictionary known to the algorithm, even if, the market technician (or any algorithmic method) is very competent in applying it. This is a very big concern when you try to qualify the outlier in your analysis, or noise. Similarly trading algorithms based on other fractal approaches will usually have failure rates larger than the cycles...

Edited by arbman, 17 March 2008 - 02:17 PM.


#28 SemiBizz

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Posted 17 March 2008 - 02:26 PM

Unless non-linear DSP techniques are employed.
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#29 OEXCHAOS

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Posted 17 March 2008 - 02:28 PM

Or just volume. Right Semi? Though truth be told, I used sentiment, bastardized e-wave, as well as volume. But the volume set up was an unambiguous tell. Mark

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#30 SemiBizz

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Posted 17 March 2008 - 02:32 PM

yes and how sweet that is !! :)
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics