Dow TOP call - 10yr top formation done

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Quote from TheMan:

dont worry your top will get taken out

then

no more 10 YEAR TOP CALLS until 11,567

then you can start thinking about it

we will print 11,567

have to see what happens then , but the next levels are listed for you above it

enjoy

and yes

you can thank me later

or it may be better if you send me your calls first, and then i can approve them before you post them

it will save you some embarrassment

2eziqgp.gif
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looking like the daily could be setting up the move to 11,567

11,036 was the daily cycle target on this last swing down and is now projecting right into my monthly area


what you think DB?
 
Wow friday was a bloodbath DB!

No doubt about it.

Extending the Bush tax breaks good or bad policy? and for which income brackets?
Some dexterity in government here is needed but I fear that removal of a last
obstacle to investing $ right now will resolve itself in a rather significant Intermediate top. Whereas originally I thought that we would stay at 11,200 area until that tax clarity meeting and then shoot out in a race for performance to the end... I'm now leaning to a short violent spike and then a complete reversal of the tax relief rally over the span of several weeks.

I am in the minority in my opinion and I am using no TA but I've been dead on so far.
So the spike perhaps to 12,100 roughly 900 dow points is the call followed by a steep slide into end of year. ~stoney
 
Ok DB let's do this....

I'm DEPLOYING CASH!!!!

BUY 500 VALE @ $ 31.30

BUY 1000 MMR @ $16.10

BUY 1000 NNBR @ $9.68

BUY ?

That's where I'm stuck looking at Compass Minerals & Bottomline Tech two RS stories.
as well as SODA // LNG // BW // LDK.

We are near enough to S&P support to re load, it's time you made some cash in this game DB... You must of learned by now, you've watched me enough... NOW ACT! And if you don't have any money borrow some from a dear relative and get cracking.

You should also own DCTH. ~stoney
 
Quote from deadbroke:

10-26-10 01:08 AM

Dow Jones April 26 TOP was exceeded today. Therefore the wavecount shown as 1 and 2 in daily charts on several pages in the thread - is wrong

So, even though there is not yet a higher close, I don't require that for a waves 1 and 2 disqualification; all that is required is exceeding the top by even a hair, which was done today.

Therefore ....


THREAD CALL IS WRONG
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How far has the DOW declined since this? :D
 
Quote from JSSPMK:

It is very clear by now that your interpretation of TA is below average. Not because you failed in both gold & Dow calls so far, but because of your delusional expectations of a deflation that is solely based on EW counts on a higher time frame which may be wrong and also with total disregard to what is happening in the world right now. You ought to be writing fantasy books instead pal. Don't you know that EW on longer time frames especially is not statistically sound method of forecasting? Delusional! Pure circus.
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you, an advanced successful trader with 15 yrs experience has 6,500 posts here and you call ME delusional.

You remind me of the fellow in class who got grace marks but still failed.

:D :D :D :D
 
Quote from deadbroke:

you, an advanced successful trader with 15 yrs experience has 6,500 posts here and you call ME delusional.

You remind me of the fellow in class who got grace marks but still failed.

:D :D :D :D
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I have a lot of posts because I enjoy interaction with other people that share an interest in analyzing price action. Unfortunately, I tend to waste some of my time replying to useless posts like the one above.
 
Quote from stonedinvestor:

Ok DB let's do this....

I'm DEPLOYING CASH!!!!

BUY 500 VALE @ $ 31.30

BUY 1000 MMR @ $16.10

BUY 1000 NNBR @ $9.68

BUY ?

That's where I'm stuck looking at Compass Minerals & Bottomline Tech two RS stories.
as well as SODA // LNG // BW // LDK.

We are near enough to S&P support to re load, it's time you made some cash in this game DB... You must of learned by now, you've watched me enough... NOW ACT! And if you don't have any money borrow some from a dear relative and get cracking.

You should also own DCTH. ~stoney
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DB?

Your too quiet buddy. Let me guess you are standing there with your hands in your pants again. I've had it. I've tried every which way to set you straight I've given you rally zones and resting zones and corrective phases and new picks. I've given you out performance of the SI kind. I've helped this thread along as far as I can-- now for the second time -- I officially close it. Done.~stoney


▲▼ Company name▲▼ Price▲▼ Change▲▼ Chg %▲▼ d | m | y▲▼ Cap▲▼
VALE Vale (ADR) 32.62 +1.15 3.65%
NNBR NN, Inc. 10.20 +0.35 3.55%
MMR McMoRan Exploration Co. 16.95 +0.88 5.48%
EBIX Ebix, Inc. 21.79 +0.92 4.41%
ASYS Amtech Systems, Inc. 16.54 +0.78 4.95%
EPAY Bottomline Technologies 19.10 +0.60 3.24%
ASH Ashland Inc. 52.96 +1.10 2.12%
 
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