quiet around here!
#1
Posted 04 November 2008 - 10:49 AM
#2
Posted 04 November 2008 - 11:05 AM
looks like 5of 1. 5 wave moves never travel alone. wave 2 will present a good buying opportunity. above 68 and crude may have put in a bottom.
we have had a good dose of deflation. now we will get a dose of inflation in the months ahead. dharma
Looks more like a three to me.
NO BS
Senor
#3
Posted 04 November 2008 - 11:38 AM
while i respect senors keen eye, on my hourly charts, the highs of 10/30 produced higher hourly rsi's, @this point. this wave isnt over, so maybe my count will change, but for now until the market proves it to me, i am using the above count. dharmalooks like 5of 1. 5 wave moves never travel alone. wave 2 will present a good buying opportunity. above 68 and crude may have put in a bottom.
we have had a good dose of deflation. now we will get a dose of inflation in the months ahead. dharma
Looks more like a three to me.
NO BS
Senor
#4
Posted 04 November 2008 - 12:00 PM
while i respect senors keen eye, on my hourly charts, the highs of 10/30 produced higher hourly rsi's, @this point. this wave isnt over, so maybe my count will change, but for now until the market proves it to me, i am using the above count. dharmalooks like 5of 1. 5 wave moves never travel alone. wave 2 will present a good buying opportunity. above 68 and crude may have put in a bottom.
we have had a good dose of deflation. now we will get a dose of inflation in the months ahead. dharma
Looks more like a three to me.
NO BS
Senor
Sorry but I clearly think you are wrong, majority of hourly and daily charts I look at tell Senor this is a tres wave, whether it's a gold index or individual stock. XAU to 110-115. It also fits is perfectly with the dollar declining to low 80's.
NO BS
Senor
#5
Posted 04 November 2008 - 12:12 PM
man, i hope you are right! i am fully long and will remain so. dharmawhile i respect senors keen eye, on my hourly charts, the highs of 10/30 produced higher hourly rsi's, @this point. this wave isnt over, so maybe my count will change, but for now until the market proves it to me, i am using the above count. dharmalooks like 5of 1. 5 wave moves never travel alone. wave 2 will present a good buying opportunity. above 68 and crude may have put in a bottom.
we have had a good dose of deflation. now we will get a dose of inflation in the months ahead. dharma
Looks more like a three to me.
NO BS
Senor
Sorry but I clearly think you are wrong, majority of hourly and daily charts I look at tell Senor this is a tres wave, whether it's a gold index or individual stock. XAU to 110-115. It also fits is perfectly with the dollar declining to low 80's.
NO BS
Senor
#6
Posted 04 November 2008 - 12:44 PM
#7
Posted 04 November 2008 - 02:00 PM
senor: to be clear, where is your wave 1 high in the scenario that this is a 3? thanks!
HUI 209.28, keep in mind that I am counting low on Oct 27 as 5th wave failures - so first 5 norte from there. Same XAU count with first cinco up at 86.52. Looks right to me.
BSing away
Senor
#8
Posted 04 November 2008 - 02:09 PM
looks like 5of 1. 5 wave moves never travel alone. wave 2 will present a good buying opportunity. above 68 and crude may have put in a bottom.
we have had a good dose of deflation. now we will get a dose of inflation in the months ahead. dharma
Dharma, just to be clear, Senor does see the argument for cinco up completing in some charts as well, I am happy either way. Right now I favor the tres norte count, a muy weak close and I change.
BSing away
Senor
#9
Posted 04 November 2008 - 02:33 PM
#10
Posted 04 November 2008 - 03:46 PM
i was counting that 86.52 xau as 3 of 1 the triangle as 4 and today as 5. it doesnt really matter to me. i am just happy to see a 5 wave up move on the daily charts. i suspect that whoever wins, after a pullback for a day or two, we rocket ahead. the wild card is if Candidate X wins, what will bush do between now and jan w/regards to iran? man 8 yrs is too long! dharmalooks like 5of 1. 5 wave moves never travel alone. wave 2 will present a good buying opportunity. above 68 and crude may have put in a bottom.
we have had a good dose of deflation. now we will get a dose of inflation in the months ahead. dharma
Dharma, just to be clear, Senor does see the argument for cinco up completing in some charts as well, I am happy either way. Right now I favor the tres norte count, a muy weak close and I change.
BSing away
Senor