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The Spirit Was Willing But The Flesh Was Weak . . .


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first 01/06/2002

prior 12/04/2002

this. 12/20/2002

 

wave 1 DN 2098-1696 completed 1.000 (1.000) Length = 402

wave 2 UP 1696-1946 completed 0.621 (0.618)

wave 3 DN 1946-1192 completed 1.876 (1.854)

wave 4 UP 1192-1427 completed 0.580 (0.618 target 1440 = 1192 + 0.618 * 402)

wave 5 DN 1427-1108 completed 0.794 (0.809 target 1102 = 1472 - 0.809 * 402)

wave A UP 1108-1521 completed 1.027 (1.000 target 1510 = 1104 + 1.000 * 402)

wave B DN 1521-???? pending <----------- current

wave C UP premature to probe

 

1363 (0.382), wave B *confirmation* point

1314 (0.500),

 

Comments:

 

IMHO, the current wave structure gives no strong implication. You may refer to the attached chart (others possibilities do exist).

post-3-1040417626_thumb.jpg

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SG going 200% long the Q's at the closing bell using

 

Rydex Velocity.

 

I always post my trades so my neck is always out there for better or worse.

 

Believe Bullish wedge formed and Q's should rise over 26 next week, I'll cover around there or a tad higher. This is a large position btw...

 

100% in, at 200% leverage.... no tears...

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If that is all they have on scam day, I am less than impressed. However w/ the holidays, I am close to flat. Having said that I could easily see this pos break down over the quiet time, with so many looking/expecting a rally.

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MMM and PG accounted for 90 percent of D Jokes rally....thats why I dont play the indexes...PIXR tubes...lovely...PILE...thanks for your support finally...sorry for gettin a little pissed the other day...just didnt like bears tellin other bears not to short certain stocks...a long time ago invented some technical programs that have made me millions....I am confident that they find me tops within 5 percent at most.......hope I can find another one as good as PIXR in the near future...BSX looks to be good now to hold....Averaged up at 44 for a 3/4 short...full short put on if I come back in JAN and up....OK folks, off to the islands for 2 weeks of fun...enjoy all your holidays and dont let greenie get you down....he is showing his hand , and he doesnt even have a pair!!!!

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