simple guy Posted March 20, 2003 Report Share Posted March 20, 2003 27.43 still looming 1423 still looming 5th wave psychological break for all bears still finishing up... lots of head scratching. HEH HEH How much risk tolerance does one have? That is the REAL question... how much pain can one take before he gives up and throws in the towel? Usually tossing in the towel just at the wrong time... We have had NO B wave down here, and a B WAVE will occur... not if, it WILL This is the 5th wave final extension of the A wave of the A B C... Laugh as you wish, but its too late to go bullish here, and too late to cover if you are still bearish... just leaving everyone twisting in the wind. The bullhorns continue to blare daily Link to comment Share on other sites More sharing options...
Drano Posted March 20, 2003 Report Share Posted March 20, 2003 Drano- No, the arrows point to the indicator turns on the 1 day cycle charts. The 13 day cycle indicators are not shown. I am basing it on cmaps and time. All of which could be skewed by news noise reactions. The time is right, and cmaps are being hit. Cautionary note: Down phase of 13 day cycle may not be much pullback. Prersonlly, I have no interest in shorting until I see signs of a top in the 6-7 week cycle. When the 13 rolls over, it could be interesting. We'll see. Thanks Doc. Boy, losing internet access for such a long time this morning has shown me two things: 1) I'd rather pay Scott and Schwab's higher commissions, knowing if that happens for a long period of time I can go to their offices to GMTFO if I have to; 2) I'm out on Doc's window ledge with frustration right now, seeing a good trade that I felt okay about disappear because of, of all things, AhOL Time Warner. If you have all your trading on an internet-only broker, you'd better have a plan B if phone service and internet go out. :cry: Serious warning. Link to comment Share on other sites More sharing options...
blackbelt Posted March 20, 2003 Report Share Posted March 20, 2003 878... That negates my early post and opens the door to 888 and 914 (at some point)... 726 has to wait for now Link to comment Share on other sites More sharing options...
soup Posted March 20, 2003 Report Share Posted March 20, 2003 bulls are firmly in control, of course when I concede probably time for a turn? Link to comment Share on other sites More sharing options...
TheDeepBlueSea Posted March 20, 2003 Report Share Posted March 20, 2003 Nothing like a good Dump in Philly to rally the Markets. Link to comment Share on other sites More sharing options...
DogBoy Posted March 20, 2003 Report Share Posted March 20, 2003 SG, I agree TOTALLY. Nice to see ya back. We're at or near the top. Anyone who goes long here is downright suicidal --- maybe you can share the bunker with Shoe Shine ? My only concern is that we don't go into a long distribution phase here -- doubt it though. This here War is a watershed event for the Wordl and for the markets. It's resolution will determine the rest of this decade and beyond. " you'd better have a plan B if phone service and internet go out." I was holding a FAT PutFolio after 9/11 when the market re-opened and made the mistake of trying to place an online trade. Not only too forever to put in the order but the execution price was HORRID. In a crisis situation you need a HUMAN person to place trades. Link to comment Share on other sites More sharing options...
simple guy Posted March 20, 2003 Report Share Posted March 20, 2003 A SG NAS Chart A leg to 1423 to fill gap B wave to 13xx as recently cited on IDS C wave to 1473 ish... the mother of all shorting opps coming... Link to comment Share on other sites More sharing options...
PyurAureo Posted March 20, 2003 Report Share Posted March 20, 2003 1 PM Update in Anals. this is the most important update in the last week. It will not be in Stooltrading. Next update will be in Stooltrading at 2:15. Tanks, but what does that mean exactly? Link to comment Share on other sites More sharing options...
Goldmember Posted March 20, 2003 Report Share Posted March 20, 2003 Were MPV to turn into this, below, I'd be one happy camper! Actually, this looks like it's basing for a turn up, possibly: Link to comment Share on other sites More sharing options...
Guest Posted March 20, 2003 Report Share Posted March 20, 2003 The Mother of All Option-Week Jams. This really sucks. Link to comment Share on other sites More sharing options...
simple guy Posted March 20, 2003 Report Share Posted March 20, 2003 5th wave may have just satisfied Leaving a B wave starting now down And the C will fill those 1423 gaps and the 27.43 QQQ figure as well Either way, I will cover my position on this B wave down, and expect a C leg up where I will reenter. FWIW, I will post when I do this... as always. SG Link to comment Share on other sites More sharing options...
Oyster Posted March 20, 2003 Report Share Posted March 20, 2003 added a short at 77 Link to comment Share on other sites More sharing options...
Goldmember Posted March 20, 2003 Report Share Posted March 20, 2003 10 year T yield about to hit 4%. That ought to pucker up Uncle Al's sphincter! Link to comment Share on other sites More sharing options...
soup Posted March 20, 2003 Report Share Posted March 20, 2003 been a long time ( 1999) since I have seen cumulative tick this far off the charts Link to comment Share on other sites More sharing options...
Oyster Posted March 20, 2003 Report Share Posted March 20, 2003 I am just lightly legging into some shorts here certainly the SU day as expected....that last early long exit was costly for me but had to go and cook my mum's dinner.....she is staying over here in Holland for a month with us...and my wife is off to tennis......unbelievable.....she is chatting and emailing the whole day....had lessons on the computer the past 2 years....and 84 YEARS OLD.......amazing Link to comment Share on other sites More sharing options...
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