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There are times when rather than lengthening one's traing horizons, you should shorten them. Trading the 1 day cycle oscillators lately would have been extremely profitable.  Holding through the bounces has been nervejangling to say the least.

In this Market, nothing ever seems to last very long. We seem to be experiencing oscillation of the oscillations - or oscillation of the cycle periods - a delta of deltas. By the time you realize what length of time is good to trade in, the Market has moved on to another optimum trading timeframe. It's enough to make a Bear take a Dump.

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There are times when rather than lengthening one's traing horizons, you should shorten them. Trading the 1 day cycle oscillators lately would have been extremely profitable. ?Holding through the bounces has been nervejangling to say the least.

In this Market, nothing ever seems to last very long. We seem to be experiencing oscillation of the oscillations - or oscillation of the cycle periods - a delta of deltas. By the time you realize what length of time is good to trade in, the Market has moved on to another optimum trading timeframe. It's enough to make a Bear take a Dump.

This action is the buy the dip conditioning that is needed before the BIG break. One of these days, soon, the market is gonna break and and dippers will dip and the shorts will cover expecting the "inevitable jam job", like we saw again yesterday. Only this particular time the bounce will be almost imperceptible on the charts as the market screams lower, wiping out the dippers and leaving the shorts looking for bounce that won't come to re-enter.

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sheet:

Market Status (2/25/2003) :

Today the Nasdaq 100 and S&P 500 indexes moved slightly higher after opening lower in the morning. The indexes reacted to moderate VMA spikes to the downside that caused the indexes to move higher in the afternoon today. As the market moved higher in the afternoon, it was accompanied by a moderately large resistive VMA spike to the upside, which we believe will cause the market to move lower in the short-term and continue its current downtrend. Our outlook for the mid and long-term is that the market will continue in its current downtrend, but short-term corrections up may be caused by significant VMA spikes to the downside.

 

They're still short q's.

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SG chimes

 

1337-1338 would complete the required 78.6% hysterical wave 2 retrace

 

These retraces have been only all too common last several weeks, so I would expect it actually...

 

The question is when do we finally break into the TURD wave hard? We at some point must catch up with DAX, FTSE, and other indices and we will, and swiftly.

 

SG continues to recommend patience, I know this is a suck month so far... but be patient.... the fastest moves in the markets come in very short windows (both in bull and bear markets) This is when the $$ is made....

 

So, look for that hysterical to get filled.... and then ...maybe then we finally start to crapitulate

 

Until then, its PATIENCE IS A VIRTUE

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