I’m not sure what you are say… up tomorrow or down? I see tomorrow morning down to at least the FP of 115.27 spy, and then they could turn it back up into Bernanke speaking on Friday.
The Harmonic forex calibrator takes into account all the vertical politics and social mood. All three of its indications are FULL ahead GO now. Bottom line, is that what IS, is NOT. That is what rules mood and market, ultimately.
I can’t tell you how to trade of course, as I trade options and they aren’t for the average investor. I would say that your assumption that IBD is misleading you is correct. You and I are the sheep and the wolves that control the main stream media make sure that they lie to the sheep so the wolves can continue to steal their money.
I have a downside target of 965 SPX before this first Major Wave 1 down is complete. Then a rally can start for Major Wave 2 up, which could last for 3-6 weeks… carrying us into my next major turn date starting the week of October 23rd. That next wave down will be horrible for the bulls and will be talked about for decades in the future. We could easily see a 2-3 thousand point drop on the DOW within a few weeks.
I probably won’t trade on the Major Wave 2 up as it will be choppy and full of wild swings. I might trade something other then the main etf’s, but for now I’m just focusing on the completion of this 5th and final wave down inside Major Wave 1 down. Then I will decide what to do next. I might be shorting gold on that Major Wave 2 rally? We’ll see…
I have been subscribing to IBD for the past few months, yesterday they issued a “confirmed market uptrend” claiming Tuesday was a follow through day. They urged investors to start putting 1/3 back in the market. They say when things seem gloomy is often the start of the new bull, but the volatility across all asset classes has me a little tepid to get involved again.
IBD touts sell at 7-8% loss and only buy at the handle of cup and handle charts, the majority of the IBD 50 seems to swing + or – 10%-15% up or down so it does not really matter when you buy you get shook out.
I am not quite as believing in conspiracy but the thing is IBD is really right wing and I know that, the other thing I know is that volatility has been keeping me mostly in cash and transitioning to PM. Finally, IBD called an uptrend in July that lasted all of 7 days and several folks got clobbered.
What I am thinking now is well it could be quite possible that no asset class is a haven, because the market makers are continually shaking out investors with simple stops like me.
PM – The market makers control look at what just happened to the gold limits.
Stocks – The market makers control everyday
Commodities – Well if there is no currency and no one left to buy then what
What is the best measure of volatility for a stock or etf? I can accept the risk if I can have some sense of measurement.
Thanks – Simon
That would be nice… can we make that happen?
Euro/JPY might be the call of the last five years.
Imagine if we merely reported where the market was actually going here, pretty well all of the time. Imagine.
I’m not sure what you are say… up tomorrow or down? I see tomorrow morning down to at least the FP of 115.27 spy, and then they could turn it back up into Bernanke speaking on Friday.
Lindsey is being used to tell the message that the Illuminati want told, but that doesn’t mean he isn’t sincere… only that he’s being used.
And as we now see, Lindsay Williams, like all of the internet short term heroes, is merely a pawn.
The Harmonic forex calibrator takes into account all the vertical politics and social mood. All three of its indications are FULL ahead GO now. Bottom line, is that what IS, is NOT. That is what rules mood and market, ultimately.
OK I see that. There is also a 53.42 FP for the Qs at 10:23:31 EST. I wonder which one will hit first? What do you think?
I can’t tell you how to trade of course, as I trade options and they aren’t for the average investor. I would say that your assumption that IBD is misleading you is correct. You and I are the sheep and the wolves that control the main stream media make sure that they lie to the sheep so the wolves can continue to steal their money.
I have a downside target of 965 SPX before this first Major Wave 1 down is complete. Then a rally can start for Major Wave 2 up, which could last for 3-6 weeks… carrying us into my next major turn date starting the week of October 23rd. That next wave down will be horrible for the bulls and will be talked about for decades in the future. We could easily see a 2-3 thousand point drop on the DOW within a few weeks.
I probably won’t trade on the Major Wave 2 up as it will be choppy and full of wild swings. I might trade something other then the main etf’s, but for now I’m just focusing on the completion of this 5th and final wave down inside Major Wave 1 down. Then I will decide what to do next. I might be shorting gold on that Major Wave 2 rally? We’ll see…
I have been subscribing to IBD for the past few months, yesterday they issued a “confirmed market uptrend” claiming Tuesday was a follow through day. They urged investors to start putting 1/3 back in the market. They say when things seem gloomy is often the start of the new bull, but the volatility across all asset classes has me a little tepid to get involved again.
IBD touts sell at 7-8% loss and only buy at the handle of cup and handle charts, the majority of the IBD 50 seems to swing + or – 10%-15% up or down so it does not really matter when you buy you get shook out.
I am not quite as believing in conspiracy but the thing is IBD is really right wing and I know that, the other thing I know is that volatility has been keeping me mostly in cash and transitioning to PM. Finally, IBD called an uptrend in July that lasted all of 7 days and several folks got clobbered.
What I am thinking now is well it could be quite possible that no asset class is a haven, because the market makers are continually shaking out investors with simple stops like me.
PM – The market makers control look at what just happened to the gold limits.
Stocks – The market makers control everyday
Commodities – Well if there is no currency and no one left to buy then what
What is the best measure of volatility for a stock or etf? I can accept the risk if I can have some sense of measurement.
Thanks – Simon