Jump to content



Photo

Hey guys


  • Please log in to reply
13 replies to this topic

#1 andr99

andr99

    Member

  • Traders-Talk User
  • 7,389 posts

Posted 26 October 2018 - 09:49 AM

do you want to know what I think of the American financial system ? To me it is pure sh@t. They pump anything up for eleven years and then in two days they go down vertically.........this is sh@t. They are correcting in one month the last six months' gains. Now we all know that maybe we are approaching a bottom, but what would you say of such a correction ? The proven proof of market manipulation...nothing more, nothing less. That's why I say.....sh@t


Edited by andr99, 26 October 2018 - 09:55 AM.

forever and only a V-E-N-E-T-K-E-N - langbard


#2 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

Posted 26 October 2018 - 09:55 AM

You can play both sides of the market... still short from 2505...

 

SP00-240-10-26-18.jpg



#3 andr99

andr99

    Member

  • Traders-Talk User
  • 7,389 posts

Posted 26 October 2018 - 09:57 AM

You can play both sides of the market... still short from 2505...

 

SP00-240-10-26-18.jpg

 

I carefully avoid this kind of market.....I remain in Europe


forever and only a V-E-N-E-T-K-E-N - langbard


#4 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,144 posts

Posted 26 October 2018 - 10:32 AM

do you want to know what I think of the American financial system ? To me it is pure sh@t. They pump anything up for eleven years and then in two days they go down vertically.........this is sh@t. They are correcting in one month the last six months' gains. Now we all know that maybe we are approaching a bottom, but what would you say of such a correction ? The proven proof of market manipulation...nothing more, nothing less. That's why I say.....sh@t

 

Annnnnnd...bottom.

 

Just missing one other member's bearish post to make it unanimous.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#5 diogenes227

diogenes227

    Member

  • TT Patron+
  • 5,120 posts

Posted 26 October 2018 - 10:37 AM

Fib, if you would be so kind...

 

Have a question.  Has there been such a sustained decline in the NYSI, without even a hook, before this. If so, when and what came next?

 

Thanks.


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#6 andr99

andr99

    Member

  • Traders-Talk User
  • 7,389 posts

Posted 26 October 2018 - 11:31 AM

 

do you want to know what I think of the American financial system ? To me it is pure sh@t. They pump anything up for eleven years and then in two days they go down vertically.........this is sh@t. They are correcting in one month the last six months' gains. Now we all know that maybe we are approaching a bottom, but what would you say of such a correction ? The proven proof of market manipulation...nothing more, nothing less. That's why I say.....sh@t

 

Annnnnnd...bottom.

 

Just missing one other member's bearish post to make it unanimous.

 

Fib

 

 

I'm long...scientist


forever and only a V-E-N-E-T-K-E-N - langbard


#7 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,800 posts

Posted 26 October 2018 - 11:33 AM

I buy a little each down 401k was so high cash because I said cycles bad its actuslly still bad for a while. What is next is foreign Luciferians gave the constitutional republic all it needed to know Legally to close political foreign fed. But then, if foreign communists asymmetrical warfare operation how did cycles know that do you believe in coincidences?

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#8 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,144 posts

Posted 26 October 2018 - 11:59 AM

Fib, if you would be so kind...

 

Have a question.  Has there been such a sustained decline in the NYSI, without even a hook, before this. If so, when and what came next?

 

If you're referring to sustained downside moves in the NYSI that take it from readings above +500 and then down and through the zero line then, yes, fishhooks, ledges and bounces off the zero line are usual and customary in the majority of these unwinding processes, but there have been times in the past where we see rapid shifts in money flow without seeing a breather as to the amplitude of the decline in the NYAD line itself. These windows tend to be cyclically in nature as the market "gets with the program" and realizes its error and tries to correct the situation as quickly as possible...usually into the nesting of these same cyclical lows such as the 9 month which, interestingly enough, is due in early November. Though rare, these power shifts in moving all of the willing and unwilling sellers to a negative reading in the NYSI do happen usually after a long period of complacency (low volatility readings), and they are then usually followed by a divergent sequence later on as to make up for the loss of this same "technical obligation" to at least take a pause in the action during the sell off. Doing a cursory view of the NYSI over the last 20 years, and the last such event was the decline we saw in the April to August period of 2002 that produced the orthodox lows in that bear market.

 

Now with all that said, it's still not too late to see a ledge (or even a fishhook) develop over the next week or so before we see a final bottom in the current NYSI which would also compliment a further washout in both price and sentiment (high TRIN readings). This would follow along the path of the strong divergence we currently have with all of the McClellan Oscillators after they rebound to or toward their zero lines. At this point, however, although we have quite a bit of evidence that a major price bottom is being created, we still don't have the necessary confirmation as yet to be comfortable with that call....but the odds are very high based on historical comparisons.

 

Fib


Edited by fib_1618, 26 October 2018 - 12:01 PM.

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#9 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,144 posts

Posted 26 October 2018 - 12:00 PM

 

 

do you want to know what I think of the American financial system ? To me it is pure sh@t. They pump anything up for eleven years and then in two days they go down vertically.........this is sh@t. They are correcting in one month the last six months' gains. Now we all know that maybe we are approaching a bottom, but what would you say of such a correction ? The proven proof of market manipulation...nothing more, nothing less. That's why I say.....sh@t

 

Annnnnnd...bottom.

 

Just missing one other member's bearish post to make it unanimous.

 

Fib

 

 

I'm long...scientist

 

 

And well you should be...you're a great asset when it comes to sentiment.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#10 andr99

andr99

    Member

  • Traders-Talk User
  • 7,389 posts

Posted 26 October 2018 - 12:14 PM

 

 

 

do you want to know what I think of the American financial system ? To me it is pure sh@t. They pump anything up for eleven years and then in two days they go down vertically.........this is sh@t. They are correcting in one month the last six months' gains. Now we all know that maybe we are approaching a bottom, but what would you say of such a correction ? The proven proof of market manipulation...nothing more, nothing less. That's why I say.....sh@t

 

Annnnnnd...bottom.

 

Just missing one other member's bearish post to make it unanimous.

 

Fib

 

 

I'm long...scientist

 

 

And well you should be...you're a great asset when it comes to sentiment.

 

Fib

 

 

I' m a great asset....when it comes to making money


forever and only a V-E-N-E-T-K-E-N - langbard