simple guy Posted November 27, 2002 Report Posted November 27, 2002 This is what technicians call an "island reversal" Bears are going to be major shitting now... including me, yesterdays big gains GONE in 60 seconds... NAS 5 day chart, Island Reversal-OUCH!
anoscope Posted November 27, 2002 Report Posted November 27, 2002 Any feedback on the sound effects? I know at least one person having fun with them. I like them doc, but would request no sh*t type words. When I get a job, don't want to have to leave the sound off.
DrStool Posted November 27, 2002 Report Posted November 27, 2002 cmap on this move was 928. Bit of an overextension. I'm not impressed.
HardAssets Posted November 27, 2002 Report Posted November 27, 2002 Doc any comments on cycles since we got this blow up?
sweefraapp Posted November 27, 2002 Report Posted November 27, 2002 (November 24th) Despite finishing mixed on Friday, stocks staged an impressive rally this week as we predicted. Techs and financials led the way, with lots of big names posting big weekly gains. Our indicators still suggest higher prices ahead and confirm our 9500 target of the Dow Jones despite the growing number of bulls. The Dow is now only 444,25 points below its 200-day moving average and we will keep a close watch on our Smart Money Flow Index for any change of direction. web-site
PileDriver Posted November 27, 2002 Report Posted November 27, 2002 Luv em Doc. SG, isn't this move up look like the final fifth wave of a clear five ways up from Nov 11th low. If so, it fits in perfectly with Docs work and Crawford's call for a final high (to complete wave 2C off Oct 9 low) around Nov 29- Dec 4. Wave 3 down still looming large.
Rockhead Posted November 27, 2002 Report Posted November 27, 2002 Chart looks great rock! What worked? I save it as a .bmp in Tradestation. Open an application called Canvas (think it was originally a MAC application many moons ago, but good grpahics package now for the PC). Open the .bmp image in Canvas, save the image as a .gif in Canvas while using "Indexed Colors, 256 colors" (as someone mentioned early this AM). And there it is. The image is less than your 50K and I dont have to resize, change colors, etc. I am able to save the images exactly as I have them on my Tradestation screen. I dont mind the conversion process as it is quick for me. The resizing thing from yesterday was quite a problem and sorry I got testicle about it. Hope they help someone. You will probably see some stock images from me which will be long in height and about the same width. They wont be posted too often, but at least now I can actually post them without much work.
MaxxPain Posted November 27, 2002 Report Posted November 27, 2002 I just went long a E-Mini S&P in simulated trading. 4% GDP growth and the Fed is concerned about deflation. This entire economy is a fake.
ShamPoo Posted November 27, 2002 Report Posted November 27, 2002 In a recent poll, it was concluded that everyone liked Doc's sound effects
simple guy Posted November 27, 2002 Report Posted November 27, 2002 We now must assume a final push up into Dec 2 area as follows 950-970 on SPY 1507-1530 on NAS 9035-9200 on DOW Yep... it sucks, but likely going to be the case here. Choose to cover here and jump back in next week around the 3rd, the next Fibo Turn Window.... I messed up (even though I entered at 1486 on NAS on my short... yesterdays gains I made are basically wiped out this morning... and will get further wiped by next week) Bummer so far today kids...
Charmin Posted November 27, 2002 Report Posted November 27, 2002 I'd rather see a failure than go to 944 - like sell the news
Fartpolio Manager Posted November 27, 2002 Report Posted November 27, 2002 Wow! Looks like Im covering at 1045 peeps... this bitch is about to skyrocket.... That's funny, barfing.com had the U Mich # scheduled for FR... that was part of my plan, so now I need to rethink FR... might have to start short positions near the close today... DAMN !!
FeedFool Posted November 27, 2002 Report Posted November 27, 2002 Crooks knew the figures so they let the markets down now they take it up. Al wants inflation so if we get one say good buy to shorting.
Guest soup1 Posted November 27, 2002 Report Posted November 27, 2002 this is a major panic, the fed is scared to death and they know there is not a gd thing they can do. The long term will just be that much worse due to this insanity over the short term.
Guest soup1 Posted November 27, 2002 Report Posted November 27, 2002 Of course sir statist greenspew wants to inflate his way out of the tragic debacle he caused. But he will not get it. They have been buying spooos all the way down, it has not worked and it will not work. Liquidation, and deflation are the only ways out.
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