Will "Dark Cloud Covers" SPX again?
Scenario 2.
Minuette Wave 4)c.4 is an irregular correction and will end near the previous shoulders, 25 and 200 dSMA, then Minuette Wave 4)c.5 follows.
Strategy 2.
Hold Short positions.
Status:
Hold Short positions.
Scenario 1.
Intermediate 4) ended on Tuesday 25th, 2007.
Intermediate 5) begins with a bang of 600,65,128 points.
Strategy 1.
Close Short positions. Try to enter long position.
TheDarkness,
These are 9 consecutive charts produced by the formulas in Excel worksheet.
RAND() RAND() INT(B1*2)-1 (C1-0.5)*2 D1*A1
RAND() RAND() INT(B2*2)-1 (C2-0.5)*2 D2*A2 SUM(FIRST:E2) SUM(SECOND:D2)
Name E1 as "FIRST"
Name D1 as "SECOND"
You can prove it yourself. No...
Landis,
I entered some long positions today and yesterday, but got out too early.
I forgot the second right should scenario.
I fell into a Bear trap because of an irregular correction, Minute Wave 4)c.4 but Intermediate Wave 4) might have end.
Mu.
Random Number Series should have no trend.
What we see is just an illusion caused by the fact that the end point is higher than the starting point.
If the number of +1 is more than the number of -1 it will give an impression that it is an uptrend, but in reality it is not a trend.
Trader...
Wave count of a Random Number Series.:eek:
Measure Move of a Random Number Series.:(
Head and Shoulders in a Random Number Series.:mad:
It's all illusion.:D