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Oh common, you gotta be kidding. "opposite sides of the argument"? Turn on your computer for an hour and test his nonsense. You don't need anyone else to tell you that his stuff will not give you an edge.

Anybody know how much pru was paying Ralph? 6 or 7 figures?

...which side do YOU want to be on? Hmmm, tough question ... ... the commercials? Is this right? :D (If it was only this easy ...)

Disagree entirely. Tops are long drawn-out affairs where divergences in price action and market breadth reign supreme. This happens because the money required to power all major indicies higher begins to run out and the money that remains in the market begins to "rotate" from sector-to-sector...

Have a look at this RS chart: http://stockcharts.com/h-sc/ui?symbol=$SPX&period=DAILY&start=2002-01-01&end=2009-01-01&id=p87208330593 It looks like 22 months of negative divergence. This is not a healthy market in the longer time frame. But I'll turn bullish like Russell the moment...

You are right about the short term positives from the Katrina stimulus and the potential stop in fed hikes having everyone excited about the upside. As for energy pricing, well I think everybody is getting used to paying more for gas and I don't believe oil/energy is that big a detractor to...

Allright, here is another view. I can't help it but I keep noticing the large number of divergences currently is the US stock market and I keep thinking whether they will eventually be resolved in the direction of the current trend (which is currently UP) or the trend itself is about to...

Don't bother, the theory is not testable because it lacks objectivity. The rules are loosely stated and you can pretty much interprete them and the associated "EW guideines" in many different ways with real price charts. As for Zoran he never takes a clear position on the market either up or...

A few years ago when I was looking into this I identified its most famous practicioners and determined for myself if their approach has merit. I checked out two guys by subscribing to their services for a few months. The two were (1) Prechter and (2) Neely. After studying their writings in live...

Hmmm, the Duke brothers would say, look at the last 10 dudes before the big white dude showed up. Which were are they going Mr. Valentine?

This hurricane doesn't have the same feel of the London bomb attacks. Remember the gap down open we had then and everyone rushing to buy the futures shortly after? That was the mother of "buy" signals but this time the market "feels" different. I bet Greenspan turns on the liquidity spigots...

I don't know anything about a "crash" but revisiting the April lows could happen in an orderly manner. Let's get there first and reasess at that time.

Ha, I said that too but I was corrected. This isn't just "someone" we are talking about, it is Mr. MARK D. COOK, the famous wizard of trading. I was also told that when his indicator works, it really works well. A few others are calling for a top also and that includes people of the caliber...

Since it's so well known why don't you post a picture of the CCT against the SPX from year 1999 to now so we can see what you are talking about and save the wizard talk. Where is the meat? Man I am getting too old for this :)

I didn't say he was not authentic. But since none of his "fans" know how he computes his indicator or how the indicator fails (when it does) then you cannot put your money into what he says. There is no need to listen to Mark or any other poster no matter what credentials they have. Seems to...

You don't want to go there. But if you bother to go to this guy's website you'll see he's been bearish all throughout the last big ramp from April. He might be right this time though. With Mark Cook on the same side the top has got to be in. :(

Oh I see, it's the "market wizard" thingie that's got your juices going. Why don't you say so? I too have indicators that give high probability signals but they are also known to fail. But the difference is that I am no market wizard. I am a pinball wizard though, does that count? :)

Stop posting garbage, the board has enough of this trash as it is.

It's clear now. So if the market was "overbought" Mr. Cook would identify this conditions using his superior and proprietary indicator but wouldn't tell anybody other than close colleagues. That's clear. Now since he put his statement out on the web it must mean one of two things. (1) the...

So, somebody's proprietary indicator "has been known to fail" BUT "it is a very high probability setup". WTF does this mean?