That shooting was sad. Six people died. Giffords is still in critical condition after being shot in the head and I am hopeful she will be able to recover from this. My whole church will continue to pray for her.
Thanks for your posts, Red
Fairly safe to say your FP, when reached is a safe place to short…another Gann / EW expert (paid subscription), has same “extreme” targets for this run, and says that mid Jan is final peak for 6-12 months but maybe much longer (basically, bear market into 2012)…Same for gold, his target is about $1050, but I can see how in “heat of the moment” you FPs can be hit…I’ll be a buyer there, as he sees gold going parabolic into 2013. He was bullish in the fall (but I didn’t listen), he also called dollar bottom and bond top (perfectly)….Dollar to continue up into June 2011, Euro down in same time period…
My scenario is same as yours (maybe slight bounce into early Feb), major selling Feb into end of March…
PS. I’m a European chick in Canada, “Europe” was my Justin Beiber…LOL…Very few people who know of Queensryche, but it seems their lyrics apply more today than ever, look at lyrics of “Operation Mindcrime” …it’s like they were written for yesterday’s senseless crime in Arizona, because that boy sure seem to be “remotely controlled”…buy the way, I do think that the “final countdown” will be a countdown to (not) bailing out Spain, and it has to happen before April, when most the Spanish debt is due to roll over…
I think Chris Carolan should also do that from time to time. It might help gain more subscribers? He follows cycles relating to Astrology, with the planets and the moon I believe and has some interesting stuff (when I could read it for free).
But we also have the Spiral Guy, and many others listed in my “Astrology Moon Cycle” list that are free. The Spiral Guy’s chart lines up perfectly with a turn over this weekend on the 9th.
Of course I still us spiking higher to hit the FP first, and then reversing back down… which should happen on Monday I believe. Then the train heads south and/or the roller coaster starts back down.
I don’t know Rose? I never followed him or read his site (although I might have read the Financial Sense site a few times in the past?). If you find him, post the link and I’ll check him out.
That shooting was sad. Six people died. Giffords is still in critical condition after being shot in the head and I am hopeful she will be able to recover from this. My whole church will continue to pray for her.
Bidu chart
http://niftychartsandpatterns.blogspot.com/2011/01/bidu-breaks-above-50-day-moving-average.html
Thanks for your posts, Red
Fairly safe to say your FP, when reached is a safe place to short…another Gann / EW expert (paid subscription), has same “extreme” targets for this run, and says that mid Jan is final peak for 6-12 months but maybe much longer (basically, bear market into 2012)…Same for gold, his target is about $1050, but I can see how in “heat of the moment” you FPs can be hit…I’ll be a buyer there, as he sees gold going parabolic into 2013. He was bullish in the fall (but I didn’t listen), he also called dollar bottom and bond top (perfectly)….Dollar to continue up into June 2011, Euro down in same time period…
My scenario is same as yours (maybe slight bounce into early Feb), major selling Feb into end of March…
PS. I’m a European chick in Canada, “Europe” was my Justin Beiber…LOL…Very few people who know of Queensryche, but it seems their lyrics apply more today than ever, look at lyrics of “Operation Mindcrime” …it’s like they were written for yesterday’s senseless crime in Arizona, because that boy sure seem to be “remotely controlled”…buy the way, I do think that the “final countdown” will be a countdown to (not) bailing out Spain, and it has to happen before April, when most the Spanish debt is due to roll over…
Yes Muzzalee, I’m a happy go lucky person… poor in my wallet, but rich in soul (which is all that matters anyway!)
Thanks Jig…
I think Chris Carolan should also do that from time to time. It might help gain more subscribers? He follows cycles relating to Astrology, with the planets and the moon I believe and has some interesting stuff (when I could read it for free).
But we also have the Spiral Guy, and many others listed in my “Astrology Moon Cycle” list that are free. The Spiral Guy’s chart lines up perfectly with a turn over this weekend on the 9th.
Of course I still us spiking higher to hit the FP first, and then reversing back down… which should happen on Monday I believe. Then the train heads south and/or the roller coaster starts back down.
Nice post as always Red! McHugh is giving away his weekly news letter for anyone interested
https://www.technicalindicatorindex.com/sample-issue.asp
Nice post as always Red! McHugh is giving away his weekly news letter for anyone interested
https://www.technicalindicatorindex.com/sample-issue.asp
Well done Red – its so nice to see a bit of a spring in your step.
Thanks
Weekend Update is now up….
I don’t know Rose? I never followed him or read his site (although I might have read the Financial Sense site a few times in the past?). If you find him, post the link and I’ll check him out.