Market closes. Better luck manana? 


Market closes. Better luck manana?![]()
Forget "manana", watch out for Wednesday and Thursday. Tomorrow is usually a shitty day of chop.
Thanks, I'll try to be careful but there is something I noticed right after the bell. I'm a bit tired now so will rest up a bit and look at his likely dilemma later
If that pattern on the 5-min. is an a-b-c-d-e pattern with "e" about to be formed or already formed, then we are going to have a pike thrust to the 200-day ema and Q will %$^%$# me again. That weird 3-wave move up and the one to its left also a 3-wave move hit me after the bell.
I will look at it again later this evening.
If I decide its a 4th wave triangle high odds, then I might have to cash it all in if I get a reprieve at open or else die again.
Sh*t happens
Will clear it up soon
Finally now the time has come for me to search out Ed Seykota's
BEND IN THE TREND
As you will. I do not see how TA standards can survive a major FA event.
K, so here it is. No MATTER the CPI print, we are legging down back to 2008 lows, and eventually 1937 lows, in the DOW. Here we go! You think the DOW is going to drop 25,000 points. Not even considering which companies are in the DOW now, vs. back then. Your chart magiks just tell you how it is. OK. Here we go.
Margin gamble, here's a song you need to listen to every day for the next year. Capiche'?

K, so here it is. No MATTER the CPI print, we are legging down back to 2008 lows, and eventually 1937 lows, in the DOW. Here we go! You think the DOW is going to drop 25,000 points. Not even considering which companies are in the DOW now, vs. back then. Your chart magiks just tell you how it is. OK. Here we go.
Margin gamble, here's a song you need to listen to every day for the next year. Capiche'?