realist Posted April 7, 2003 Report Share Posted April 7, 2003 NDX/SPX Futurez both trading slightly below fair value. These CME night sessions are meaningess IMO. I have yet to find an eWaver that can consistantly mark the price action as Ryan has been doing. SG has good QQQ pivots on an intraday basis. I don't think it is fair to say that he has a "Wrong" count though. Doesn't every eWaver have a wrong or alternate count? Sometimes the gut paves the way to profits. Intuition in forecasting market direction plays a big role in decision making. My gut told me this afternoon just what it told me on 12/2, and that was to start getting SHORT! Link to comment Share on other sites More sharing options...
The End Posted April 7, 2003 Report Share Posted April 7, 2003 Realist, My bad. You are correct in that any ewaver can lose place fromm time to time. Sorry. TE Link to comment Share on other sites More sharing options...
Kid Posted April 7, 2003 Report Share Posted April 7, 2003 Doc - great work with the CMAPS. Went short the OEX today. Will add more if the markets "trend" higher than today's high. Link to comment Share on other sites More sharing options...
Jorma Posted April 7, 2003 Report Share Posted April 7, 2003 So what is Budda's monthly forensics timetable again? Sell on the 5th trading day of the month? Cover on the 13th day? Or something like that. I'm holding out for at least 915 to get short, so it probably won't get there. Oh well, in that case I'll probably chase when the cycle ducks are all in a row. Actually I'd like a chance at 950. Loved the good news rallys to come meme. How about the Repubican Guard pledges loyalty to the GOP! Maybe, just maybe, the good news is about all used up. This thing might end not with a bang but with a wimper. Doesn't have anything to do with the big trend but wild upside gaps are becomming less not more likely I think. Link to comment Share on other sites More sharing options...
TheDeepBlueSea Posted April 7, 2003 Report Share Posted April 7, 2003 I wonder if it will come to this in the US. In Japan, the ruling party want to continue allowing companies to value assets at their purchase value rather than current market value. ------------------------------------------------------------------ LDP Pushes For 5-Yr Freeze On Fair Value Accounting TOKYO (Nikkei)--The ruling Liberal Democratic Party is preparing to submit comprehensive legislation in April to delay by two years the scheduled start of asset impairment accounting and impose an effective freeze on fair value accounting rules now in place, LDP policy chief Taro Aso said Monday. ------------------------------------------------------------------ Come to think of it, an equivalent approach is used in the US for pension accounting. Link to comment Share on other sites More sharing options...
wndysrf Posted April 7, 2003 Author Report Share Posted April 7, 2003 BARE: The Matrix Agents are like the Van Nuys Porn Star who keeps going to higher extremes to get attention. DD implants were not enough. So she goes to DDD, then EE, and so on. What is in store tomorrow? What kind of absurdities will we find on the PreMarket? Dow Futures: +291 S & P Futures: + 32 Nasdaq Futures + 63 DAX: up 7.2% Nikkei: up 360 points Maria: Wearing Leslie's skimpy clothes. Leslie: Stark naked. Faber: Hair tips bleached blonde Haines: Shaved Head Link to comment Share on other sites More sharing options...
brian4 Posted April 7, 2003 Report Share Posted April 7, 2003 Well this e waver says it's time to Lock N Load- in the A.M. I will finish my LADDER down and be big time short against todays intraday high of 905 in the cash Spoo's. Thrust up then waterfall decline and divergences all over the place-spells TOP to me. Now we could bounce at 860 but if we do it would be countertrend-if we break 860 and take out the March 31 lows 0f 848.18- we can say goodnight Dick! It will be over. Trade Safe! Link to comment Share on other sites More sharing options...
Guest jrmfl Posted April 7, 2003 Report Share Posted April 7, 2003 bulls can blame dnoland for today's credit bubble's perkiness... see the the fed heatcapping the 5's & 10's? nice reversal on AU. dead reckoning mark. another good one, thanks. Link to comment Share on other sites More sharing options...
Guest Posted April 7, 2003 Report Share Posted April 7, 2003 Europe ran away in a huge spike.Lets watch how they react to the smacking in the U.S. Market. Europe closed while US still near the highs. Will be panic selloff on open which will kill US futures imo... Link to comment Share on other sites More sharing options...
DrStool Posted April 7, 2003 Report Share Posted April 7, 2003 Please do not respond to idiots posting Russian propaganda on this thread. War discussions are to be posted on Political Stool. Link to comment Share on other sites More sharing options...
mksloth Posted April 8, 2003 Report Share Posted April 8, 2003 Somebody else recently referred to WaveSpeak. They've just put out a "mid-week" alert dated today. Suffice it to say that this makes for very interesting reading for those of the short inclination. The oft-repeated turd of turd makes its appearance.... SG, Brian4, End and others who know more about waves than I - can you comment on the count? Link to comment Share on other sites More sharing options...
summoner Posted April 8, 2003 Report Share Posted April 8, 2003 HELLOOOOOO, entered the OR this am with the futures way up, twelve hours of surgery and emerge to find it a huge GAP and CRAP. Hope and expect most of my fellow stoolies were able to fade this for some major coin......Bad news everywhere....Hope SG was able to sell the AM rydex print...AMGN rolling over finally...how long till that gap in the 30's fills......dont know but Ill be 200K happier when it does....THE BEAR IS GETTING HUNGRY...may be time to take OSAMA out of the freezer Link to comment Share on other sites More sharing options...
Chart Guru Doug Posted April 8, 2003 Report Share Posted April 8, 2003 Whew shakey day but the uptrend is not yet broken. Still hanging right on that clone trendline. you can see it here if you want.clone Link to comment Share on other sites More sharing options...
Injured Grizzly Posted April 8, 2003 Report Share Posted April 8, 2003 Somebody else recently referred to WaveSpeak. They've just put out a "mid-week" alert dated today. Suffice it to say that this makes for very interesting reading for those of the short inclination. The oft-repeated turd of turd makes its appearance.... SG, Brian4, End and others who know more about waves than I - can you comment on the count? Thanks for that link. If that comes to pass it will be most welcome. IG :grin: Link to comment Share on other sites More sharing options...
mksloth Posted April 8, 2003 Report Share Posted April 8, 2003 Somebody else recently referred to WaveSpeak. They've just put out a "mid-week" alert dated today. Suffice it to say that this makes for very interesting reading for those of the short inclination. The oft-repeated turd of turd makes its appearance.... SG, Brian4, End and others who know more about waves than I - can you comment on the count? Thanks for that link. If that come to pass it will most welcome. IG :grin: As will I :grin: Though, that's why I'm not so sure that it will come to pass... Link to comment Share on other sites More sharing options...
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