Pattaya - The Ultimate Trading Location

Quote from deadbroke:

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ultimate example #3


rarely go into the backpacker tourist areas, but recently one day stumbled into this little indian restaurant. Run by a poor, poor, poor indian family with husband, wife, brother etc., all working the kitchen and tables to save on labor costs.

And such amiable people, smiles galore, service extraordinary ....

The ONLY ONE floor standing fan was already taken by a group of Frenchies sitting at one of the tables.

It was a hot day so I asked the owner if he could bring me another table fan or some such and place it near my table? The look of anxiety, embarassment and pain on his face was apparent instantly as he struggled to come forth with a sheepish grin saying, "we got only one fan"


Fans only cost about 300-700 Baht ($10-20).

Man, the 3rd world honesty just sent a shiver thru' me.

Needless to say, I'm a regular customer now, having eaten there several times and I can say this,

As long as I'm alive, his family will never go out of biz. Have turned on 35 englishmen, americans and others to his place already. They all love it. :)


Chiangmai, Thailand its not just HOME, its el paraiso!!! :) :) :)


Heard it's nice. An old guy I know was looking into moving there, checked it out for him online-I said yeah, sounds fine, only 150 thou odd people. He was a bit surprised, and dissapointed-when he was there in the 60's, it was just a village.
 
Quote from deadbroke:

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>>>> If a confirmed close above the trendline, use judgement and TP if you wish but be alert to get back short unless huge upside Price bars occur <<<<



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All concepts mentioned in the quote - occurred :) :)

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I've left the trendline as-is to show how the Dow Jones 5-min upwave ended - as warned, in a downtrend, the move on reversal is fast.

And guess what? See where the 5-min. upwave rally ended? Not close, not even approximate, rather EXACTLY at 61.8%. Hey, as far as Baron and the ET HERD is concerned, all these hits are just flukes and coincidences. After a 1000 flukes will it make a dent in their thinking? Not a chance. These cats are goners. :) :D :D




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Quote from deadbroke:

Stock Exchange of Thailand aka SET Index TOP warning call.

reversal occurred at 78.6%.

I'd like to see if the trendline breaks on open next week.



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Yeah, the trendline did break on open.

My exit call was on trendline break April 16. But now PRICE has been screwing around and is now challenging the TOP that I called a reversal TOP. If it goes above the top, I'm WRONG and the CALL is a BAD CALL regardless the TP so close to the TOP. No ifs ands buts ....




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GOLD, the final foe of my buddy, the US Dollar.

The time has almost come for the latter to punish the former and make him kneel before Zod.

Partying with a returning to Thighland french buddy yesterday - as always they dislike americans bigtime - except me, of course. :)

When I said to him, "buy $", he laffed his ass off. Said he, "how can the $ go up when America is crashing and going to the toilet?"

Said I, "buy, buy, buy $"

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Targets for GOLD: $257, possible $100
 
Targets for GOLD: $257, possible $100

Shown in quarterly chart is the clear 5 waves.

Now dig this; as soon as the top is in on 1H (will try to time the top in later posts) you'll see a massive downside bar = BEAR gets back on the job after hibernation. He be hungry.



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