I can't think of a title ...so just charts
#11
Posted 13 October 2007 - 03:44 PM
I still feel like we are going to run like the way we ran coming out of the end of 1994....
Everything in my head is quite clear of the possibilities here......but I have to remember that individual posts are like individual sound bites that can confuse the reader. I've given my three scenarios in an oex chart posted the other day....a lower low I'm still giving a 30% chance. I'll post that chart here. I'm not trying to be a big bad bear here...I see things that bother me short term and I'm trying to give chart evidence the way I see it. Not to mention xbd,bkx,tran etc
http://stockcharts.com/c-sc/sc?s=$NDX:$SPX&p=W&yr=10&mn=8&dy=0&i=p16718866931&a=114984972&r=1308.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=5&dy=10&i=p52128234305&a=79663062&r=4615.png
#12
Posted 13 October 2007 - 03:49 PM
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#13
Posted 13 October 2007 - 03:53 PM
Airedale..you are probably right. . . there's some interesting hits though.
#14
Posted 13 October 2007 - 04:20 PM
#15
Posted 13 October 2007 - 04:25 PM
Remo...the one I'm waiting for is the ndx:spx....I don't mean to sound like I'm jumping all over the place...I'm still very very bullish LT but it's the short term I'm concerned about. I never said "crash"...I said a deep wave C might "feel" like a crash but really it would be very healthy in a very bullish count. It would be the bottom of a wave 2 before a start of a 3 of 3 of 3....can't get much more bullish than that.
I still feel like we are going to run like the way we ran coming out of the end of 1994....
Everything in my head is quite clear of the possibilities here......but I have to remember that individual posts are like individual sound bites that can confuse the reader. I've given my three scenarios in an oex chart posted the other day....a lower low I'm still giving a 30% chance. I'll post that chart here. I'm not trying to be a big bad bear here...I see things that bother me short term and I'm trying to give chart evidence the way I see it. Not to mention xbd,bkx,tran etc
Ok, thanks for clarifying that.
And I want to say that I'm sorry if my post seemend offending, judgemental or something like that. I'm not a native English speaker (writer ) and that was not my intention. I don't regard you as a "big bad bear" and only wanted to hear your opinion on the long term view
#16
Posted 13 October 2007 - 04:45 PM
#17
Posted 13 October 2007 - 08:02 PM
Big bad bear wasn't so much for you as it was for others. lol
TP - great reply to da' chief. He posts no charts. You do. You see, he is an expert in his own mind. Its so easy to say you've been a bull for 7000 points. I could say I've been a bull since 1982. How could one disprove it ?
I started investing in mysophomore year in college. 1982. Whoop de do. Does that help anyone here on the board ? Does Da' chief's smart alec comments help anyone ? Its good therapy for da' chief. He needs to boast somewhere. I wouldn't pay no attention to him. Just keep posting.
#18
Posted 13 October 2007 - 08:32 PM
thanks ubw....but let's not get carried away....I'm just putting lines on a chart.
Teaparty Posted Today, 04:00 PM
Who's worried? If I was a mindless bull I'd be worried...I'm a trader...I never worry.....I don't give a [bleeeep] who's fur is flying.
I appreciate your work here as well. It may be that lines are all you did but, you did it and it gives a great picture as to where thing are at which, brings me to the second quote I've posted of yours. I too am glad, as a trader, I don't have to contend with positions where, what you are showing on your charts is an issue. I just deal with the specifics of what I am actually trading. Nonetheless, thanks for the "big picture."
P.S. I understand your annoyance with the insecure poseurs. Factual posts, like lights in the dark, attract Gnats.
Edited by milbank, 13 October 2007 - 08:37 PM.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe