Search results

This is a turning point. The Market should answer today whether it is an a-b-c or a 1-2-3-4-5. Status: Sold at Landis' target 1404/1411 when there was a lower low. Bought at close when there was a higher high. Now hold long positions again. Strategy: Sell if there is a lower low :( . Hold...

There is not yet a lower low. :) There is another buy signal. :D Is this another Bull Trap? :confused:

Fifth wave at Landis' target, measured move and wave iv :eek: . Prepare to take profit on the ST long position when there is a lower low.

Mup, This may be your a-b-c :) or a 1-2-3 :confused: . Mu. Status: Hold long positions. Strategy: Will the last buy signal be a Bull Trap that will be followed by a 700, 65, 120 points plunge. If yes, reverse position near Landis' target measured move and wave iv. If no, take profit on...

Status: Shorts covered and long positions entered. Strategy: This is a five-wave down. It may be an :a or a:c, a Bear Trap for the Bears or a Bull Trap for the Bulls. But there is still some profit left to be made to wave iv.

Robert, If this is wave 1]5)1.2, it should end soon :) and above wave 1:1ii else the above post will come into play :( . But the down wave looks a little bit impulsive :confused: . Mu.

All Hell broke loose. :D May 23th, 2008 12460.0898 1373.72 2430.3601 Ivb]= 14198.0096 1579.09 2861.51 Ivb]1)1= 11644.8096 1256.98 2155.4199 Ivb]1)2= 13136.6904 1440.24 2551.47 Ivb]1)3?= 10583.4904 1118.13 1845.3799 Short Term 2.a= 12733.6602 1386.74 2391.9299 2.b= 12270.79...

What's next? 550, 50, 100 points measured move down and a dead cat bounce. Or 100, 10, 20 points measured move completed and a rebound now.

Same Analysis. Same Status. Same Strategy.

There may be a second buy signal soon. :)

Status: Zero position. Strategy: Prepare to play the short side of the Market when the last supports fail. Buy if there is a higher high at support. INDU is at 38.2% retracement. SPX is at wave four of a lesser degree and the reverse Head and Shoulders neckline. 3 complete waves from the...

The Market overshot the May 15th upward target and had come close to the downward target and wave iv of a lesser degree. Strategy: Prepare to buy at Bear Trap new end of wave iv when there is a higher high.

.3:3v?= Target still holds. We may be in wave .3:3i and ii.

Fifth wave is a good sign :D . But can it pass the resistance trendline of DT2?

Status: ST long position closed at the wave five failure, 1.5:1v or 1.5:1iii.v:v, and re-opened at the fifth wave count at wave :2á or iii.iv. Strategy: If Friday ended as :2â.ã Monday may see a fall to Friday low and the a rebound. If Friday ended as iii.v:iii there may be another move...

Chart attached.

The last upmove did not behave like the third subwave of third wave. So it may be Minute Wave 1.5 of Minor Wave 1 which will be somewhat shorter than expected but still in the range of Minor Waves 1 of Intermediate 1) and 3). In this case the Market may go up for one or two weeks then fall back...

Another buy signal for today when there is a higher high. :) Edit: 02:47 buy signal triggered.

Status: Hold long positions. Strategy: Take profit on the ST long position at target or fifth of the fifth wave count. We are in the third wave of a fifth wave.

A rebound from supporting top and a five wave pattern are good signs. Upward target is within reach.