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Looks like Art Cashin is a fan of EWT. :cool: Art Cashin, on floor of NY Stock exchange. (Source: CNBC) Oct. 28th, 2008 -------------------------------------------------------------------------------- "Q: We're feeling the bottom again, Art. What's going to happen? Cashin: I...

Appears on the business channel with Maria B. and makes ABSOLUTELY NO MENTION of the capital gains tax! How clueless can you be??? :(

Looks like Art Cashin is a fan of EWT. :cool:

915.50 SPX short-term 50% retrace.

55 WEEK CYCLE coming in today. :)

911.39 high so far in the SPX.

Just traded all the way up to 898 SPX. Nice rally since 2PM Eastern. :)

As David Rosenberg of Merrill has pointed out: "The CPI hasn't declined just yet on a year-over-year basis, but just as the real economy was "recessionary" a year ago before the GDP turned negative, the pricing backdrop is 'deflationary' today even though consumer prices have yet to deflate...

Thanks Mup! :) How about the "measured-move" to 803-804?

Mr. Moderator ( staffpro ), What does this thread have to do with TRADING equities???

158 calendar days from May 19th, 2008 = Oct. 24th. However, 158 is not a fib number. And Oct. 28th has a much better fib time sequence ( 162 calendar days from the May 19th, 2008 Wave-B High of 1440 ). Plus, Oct. 28th is exactly a fib 55 WEEKS from SPX 1576 all-time high from Oct. 11...

Sure, why not? In many ways, the intra-day lows of Oct. 10th were a huge momentum spike.

Excellent work guys! Wave V in Progress!!! :eek: Targets anyone? 803? 791?

I guess you weren't in front of your screen with 5 minutes left in Friday's session when we fell 2.5%

Ding! Ding! Ding! We have a winner!!! :)

Turn on your brain, Sir. Like the progressive tax system that we currently have isn't already a redistribution of wealth? Think I don't get taxed more living in California than in Iowa or Kansas? Think people. Think!

True. Moreover, this thread really isn't applicable with being in the TRADING FORUM.

I never had any issues while on a 5 year old Dell Dimension 8300 with 2 Gigs of RAM and a Pentium 4 processor at 2.60 with XP Pro either.

You mean we'll be worse off than the current Depression that we find ourselves currently in???

Actually, the majority of the people that post in the TRADING forum are college kids that are "paper-trading" . . . so yes, in they do in fact hold their POSITIONS all the way to the close on their "imaginary" trading platform - - - but only if they are "after-the-fact" winners. Then they log...