Crash 40% Down, In Two Weeks

[Digs]

.....

1946...

1987

2007 (????)

See jpeg

 

[rateesquad]

I see a wave coming...and its a wave of ridicule....

But ok, sure why? Please elaborate....

B/c I am so confused on the reason anyone would state that.

 

[Digs]

Oops here is jpeg

 

[stock_trad3r]

I guess should start buying some puts, putz

 

[balda]

Quote from Digs:

.....

1946...

1987

2007 (????)

See jpeg

using your pattern 1946, 1987, ???

next 41 year cycle should end in 2028.

 

[zgtrader]

Here is an interesting chart for Elliott students. Dow INDU/Monthly from Advanced Get.

Notice the 5th wave (5) of a 5th wave (5) of a 5th wave (v).

 

[truetraderone]

Quote from zgtrader:

Here is an interesting chart for Elliott students. Dow INDU/Monthly from Advanced Get.

Notice the 5th wave (5) of a 5th wave (5) of a 5th wave (v).

the below chart may be a bit more clear for those not familiar with your counting convention.

 

[Crewmen]

I’m not really a good market predictor, as it shall do what it does. I do however notice a negative divergence in stocks making new 40-day highs. This chart shows the green line showing the divergence. Yellow is S&P500 and Red is just the RS of the 40. It does flag a caution signal to me and has me in a more defensive position as far as entering longs.

I do like to see a flush out as back in March before getting aggressive. Not sure thus far if this dip is a buying opportunity and will remain in cautious stance.

 

[JSL_Capital]

Quote from Digs:

Oops here is jpeg

Data mining .

 

[stock_trad3r]

not going to happen