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You post a lot..and generally you speak as if what you say are facts. Now you could be right..you could be wrong...none of us really know whats going to happen or we'd be billionaires. But Im curious.. what are your credentials ? Whats your experience in the market ? Just so I dont...

the trendline that seems significant to me is the one starting in april 2003. It converges with the 50% fib line (starting with the july 2006 rally ). Strictly T/A speaking this market wants to come back to the 11800 range before continuing upwards. If Im going to play Nostrodamus I...

My house was listed a couple months ago... $800k range in Los Angeles. When it was first listed my agent said 2-4 months. Few weeks later it went to 4-6 months. Yesterday he said 6-8 months. The worst is definately not over..its just begining. Hey another flat day is a GOOD day...

have we got a thread for you ! Come join the club http://www.elitetrader.com/vb/showthread.php?s=&threadid=90278

I take that to mean you agree :) Nice chart

Heres a chart of the 2004 bear market/correction just to illustrate what COULD happen. Im not saying things have to play out this way..Im using it to show that just because we have a strong pullback up to the break doesnt mean its going to continue. Look at those daily bars... LOTS of...

Im mostly here having fun being argumentative tonight so dont take it personally. Im very aware I can be wrong. Id be interested to know how that study works when you look back at the corrections of '06, '05 and '04 ... all of which had a strong pullback to resistance levels on low volume...

Good game plan. IMHO... If SPX closes above 1441 THEN we will probably continue up to at least 1460. But I wouldnt use this weeks high (1437.77) as an indicator of anything. My gut says we will have a gravestone doji that touches the 1441 fib then falls back down to around todays close

Thats an incorrect statement. It was a win for the bears..they stopped that bull dead in its tracks. There were dojis everywhere today. Thats not a victory for the bulls..a victory would have been a continued rally. Instead what we got was a one day emotional rally on the fed news that...

As Mr Burns would say I like the cut of your jib !

Welcome aboard lloyd..we need the support ! FYI .. dont overlook the 78.6% fib on the spx. We are just under it. 61.8% fib stopped the dow and Nas its funny how the fundies will laugh at T/A but you see rallies and drops stopping at these points all the time.

Im watching intraday so I dont have a stop on it. But mentally the points are as follows - 78.6% fib line ( $94.40) - touched it PERFECTLY ( 94.36) today and then fell. If it blasts through this on high volume I will get out here. If it just creeps through the 78.6% fib then... -...

I think you, myself and a few others here are the only ones who think this is simply a pullback to resistance/fibs. Even if we turn out to be wrong we have history on our side where all the permabulls just fart out whatever macroeconomic crap suits them. At the very least I would hope that...

definately intended to be quick.. i love apple and i do think it will go to new highs, but not before another downleg.

we have about 5 other threads here dealing with this... might wanna take a look before making that first post ;)

that dude really is a trip isnt he ? Do you think he actually has skin in the game ?

Are we not allowed to post our trades ? Definately not pumping... just seems to be a screaming short. I doubt my little post could affect a 20m share a day stock ;) I just noticed another appl thread..oops... I should have posted there ( actually I DO believe appl will go to new...

Time to short AAPL Weak volume climb all the way back up to the 78.6% fib and a hair away from filling the gap. I see at the very least coming back down to 90-91 soon. I got 500 shares in at 93.97

Time to short AAPL Weak volume climb all the way back up to the 78.6% fib and a hair away from filling the gap. I see at the very least coming back down to 90-91 soon. I got 500 shares in at 93.97

im just trading the daily momentum but I 100% believe we will test the lows one more time. Nostrodamus says we will test the 68% fibs and possibly the previous highs..people will get spooked and start selling..then the snowball will take over If someone can show me a precendant for a...