This is a tough market to call Jay. So much manipulation that it seems that all TA's, Elliottwave, Astro, etc… are about worthless. The market only go one way… UP!
Tomorrow, if 10 million people were killed with a nuke, the market would rally… less people to be un-employed, therefore it's positive. Has the world gone insane or what?
HI Red, Clear thinking for sure Just thinking also IT is possible, but impossible to confirm at this point in time, but the current high might ONLY BE wave A of P2, thus we get such a tremendous “B” wave downdraft the next 2weeks. Jay
I like to do my posts a little different then most do. I add a lot of emotional thinking with technicals to back it up. I don't post many charts, (as you can see), but instead try to put a “feel” on the market.
As we all know, the tech's haven't been real accurate since about March. Clear manipulation has thrown all TA's, Astrology, Elliottwave, etc… out of whack! Sometimes you have to go with your gut feeling.
Me too… I remember when everyone was talking about the “head and shoulders” that formed and broke the support line at 870 in early June. It was suppose too keep falling, but instead rallied up to now with 1080 as the high.
It was talked about everywhere, much like the 1100 area is today. Will it also fail like the head and shoulders did? I guess we'll see next week.
Hey Good looking… do you have my Pittsburgh Steelers as Bulls?
I will smack you when I see you! 😉 I do love you writes up my friend.
Still looking for the full 15% or 20% correction?
Thanks
This is a tough market to call Jay. So much manipulation that it seems that all TA's, Elliottwave, Astro, etc… are about worthless. The market only go one way… UP!
Tomorrow, if 10 million people were killed with a nuke, the market would rally… less people to be un-employed, therefore it's positive. Has the world gone insane or what?
Red
HI Red,
Clear thinking for sure
Just thinking also
IT is possible, but impossible to confirm at this point in time, but the current high might ONLY BE wave A of P2, thus we get such a tremendous “B” wave downdraft the next 2weeks.
Jay
Thanks nbg…
I like to do my posts a little different then most do. I add a lot of emotional thinking with technicals to back it up. I don't post many charts, (as you can see), but instead try to put a “feel” on the market.
As we all know, the tech's haven't been real accurate since about March. Clear manipulation has thrown all TA's, Astrology, Elliottwave, etc… out of whack! Sometimes you have to go with your gut feeling.
Red
Digging your post red, digging your posts!!
On sideline – waiting………
http://www.youtube.com/watch?v=X5GEU5F_WdA
http://mahendraprophecy.com/LatestFlash.asp?Pye…
http://www.youtube.com/watch?v=X5GEU5F_WdA
http://mahendraprophecy.com/LatestFlash.asp?Pye…
“feels like we're trading opposite to tradition.”
Yeah,
Me too… I remember when everyone was talking about the “head and shoulders” that formed and broke the support line at 870 in early June. It was suppose too keep falling, but instead rallied up to now with 1080 as the high.
It was talked about everywhere, much like the 1100 area is today. Will it also fail like the head and shoulders did? I guess we'll see next week.
Red