Dow Top Call - 11-yr top formation completing

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Quote from deadbroke:

The alleged ROGUE WAVE has just touched down @ 73.27
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OMG! not a rogue wave. Is that why all your "calls" are so far under water?

rogue-wave.jpg
 
CLOWN surfing on a ROUGE wave



Hey DB,

are you going to show me how you make such accurate calls with Elliot Wave ?

!!!!!!!! ESAELP

 
you still feeling short?

just checking

thoughts on 13,300 ?


classic


i cant tell you how happy it makes me that you are back making calls again

i pray that you open an oil, gold, silver EU, GU, AU, GJ, or whatever else you would like to TOP CALL thread


or maybe you will call for another bottom on the UJ.

and then i will tell you where it is going

remember when you called that bottom on UJ, and i said it had to go to 78ish first?

btw, what are your thoughts on GU going to 1.8550?

i feel pretty good about it


i fucking love this site
 
Quote from deadbroke:

No SHORT entry yet, so still sidelined and waiting.

Add this realtime 60-min. aggressive SHORT entry concept to your arsenal. Its the same chart above but with a near-perfect 60-min. uptrendline on Price and Indicators. Notice how nicely the 5 internal waves are visible from the 4/25 low?
If you play this aggressively, always keep a STOP right over the TOP - who knows whether the first attempt will work or not, but if wrong cut the loss quickly and position to re-try.





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No change. No Short entry yet.

Take the SHORT the instant the 60-min. uptrendline shown, breaks. STOP goes over the TOP.
 
"always keep a STOP right over the TOP - who knows whether the FIRST attempt will work or not"

or the 2nd, 3rd, 4th,5th,6th or 7th
 
While we are waiting for Dow 60-min. uptrendline to break and give me my first SHORT entry, here is something to give some thought to .... there is a thread in Trading asking about Gold versus Dow.

I'll answer it here - and the reason I answer it is because it is such an important concept - however not as Gold versus Dow, rather as

Dow versus Gold = Dow priced in ounces of Gold.


This ratio alone answers all the threads on how out of balance things have gotten and that when it catches up, payback time will be merciless. We got a taste of this in 2008.




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Now pull up your quarterly chart of the Dow Jones and superimpose it. You will immediately notice that the Dow Jones ALWAYS has followed the direction and trend of Dow priced in Gold either immediately or with a lag.

Now see the duration of the current lag.

There will be Hell to pay when the Nominal Dow OBEYS the castrating call of Dow priced in gold

Another thing to note is that the value of the Dow in gold is NOW even lower than it was at the start of the GREAT DEPRESSION

Dig?
 
Now dig this - I left the bigger shocker :) :) for last ......

When was the Dow's most recent major low?

Answer: March 2009.

And since then its gone up huge, near vertical, right?

Now watch how Dow priced in gold daily timeframe has done since March 2009.

Can't get it up hardly even begins to describe the lethargy.




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