ES Journal Archive (2009 - 2010)

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Quote from ammo:

as always pek,sall,jss, king thnks for sharing,i was lookingfor 718 ,a tl,www.ptv-investing has a may bottom on cycles,he' s pretty good,another ew guy has this as a wave 4 turn reversal and then a sell,my bid is 718 to close
Did you get out at near 18? You're correct to call 718 as a possible reversal point considering it's where the TL is. But do you notice Friday's long red candle? Considering that as the beginning of another fresh leg down, isn't it premature to stop at 718? Well, I think so. But, then again, I could be wrong. :)
 
Quote from ammo:

moved to 714 area in honor of jss monkey cartoon, still would prefer the 702
I dunno if this would be of any help, but I have my profit target at 705.
 
2/2, 2/3 and 2/16 lows tl is 702,on the big yearly monthly weakly here in nomans land ther is a horizontl at 02,o5 would be a wise choice in profit taking,jss picture only has 11 monkeys showing but bighead guy is hiding 2,thats 13,bid just above monkey support,also 1/12,1/9 and 2/23 daily hit at 13
 
Quote from ammo:

2/2, 2/3 and 2/16 lows tl is 702,on the big yearly monthly weakly here in nomans land ther is a horizontl at 02,o5 would be a wise choice in profit taking,jss picture only has 11 monkeys showing but bighead guy is hiding 2,thats 13,bid just above monkey support
You must be looking at different chart because it doesn't add up as you say for ES.

The TL for 718 was from 2/2 and 2/23. There's nothing to connect the dot after 2/23.

How I'm getting my number is drawing a lower channel from the TL based on 2/9 and 2/26.
 
Sal, if I were you I wouldn't try & tell others that fibs don't work, I recall Apex82 demonstarting usage of confluence of signals that included fibs superbly day after day. ImPO a better approach is to say 'I haven't managed to find its usefulness' along the lines of me saying I haven't managed to find usefulness of implementing rocket science to measuring daily projections of blah blah blah etc. :)

What works for some, doesn't necessarily work for others, unless it has been proven not to work at all.
 
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