Planet Earth's ultimate Short side game began Nov 2021

margin_gamble said:
Pls notice this feature here too ...........

see QQQ daily chart below with a grid on one of the waves down. Do you see the retracement to 38.2% and then reversal? (38.2% is the sister of 61.8%)


http://tos.mx/sZ4Dfp5
More...




OK, now let's take the next 1-2 wave down, the one that has given me so much trouble today that I had to resort to a catastrophic Stop! Note that this time the retracement is to 61.8%. If it goes higher that 61.8% to 78.6% it is really screwy. So my thing is: the first 1-2 is retraced to 38.2% but the 2nd one to 61.8%. Is there something else going on that I have missed? Or is this last upwave a "C" portion of the first 1-2?

Don't know. And this not knowing can cost me plenty.

http://tos.mx/sjVlBW1
 
I got the last Vix breakout on 5-min.

Here's the current one? Is is this a breakout or brownout? :)

Peculiar, but such things don't escape my attention. What? The 7/15/22 Low is intact which would imply that Wave 3 up will be underway soon enough. Fingers crossed. Yes Sir, I would like that very much indeed


http://tos.mx/b9iP5VF
 
All positions from yesterday are as-is, all still open, no changes made.
Nothing to write Home about, still trying to catch this so-called Top.
No success thus far.
Continues tomorrow, no change in overall stance - still a Bear market and this is a bear rally within it.

Bell now

Later
 
Summary reminder:

QQQ:

(A)

timing the Top of the Bear market rally from July 14 has been evanescent thus far. Unrealized losses are shining red, red, red and if the wave turns out to be what ET is expecting, i.e. another bull run to take out the all time top, then my Catastrophic Stop will do the job of getting me out with a barrel full of blood. A juicy loss if this scenario plays out.

(B)

On the other hand if I am right, against all odds that the move up from July 14 is a BEAR rally, then the hammering that I will deliver to QQQ by even more multiple short entries loaded at the top, that the profit will be truly staggering and sight to behold.

I'm here for either one but prefer (B) :)

---------------------------------------------------

I am a loner and when mental travail attacks I have to deal with it SOLO just like any trader worth his salt would. What does it look like?

I never fit in at gatherings and parties because my past professions bore me to tears and its virtually impossible to tell the dolls that want to nail me at these parties that my job is turning Lead into Gold

 
see previous post for this extract:

(B)

On the other hand if I am right, against all odds that the move up from July 14 is a BEAR rally, then the hammering that I will deliver to QQQ by even more multiple short entries loaded at the top, that the profit will be truly staggering and sight to behold.

I'm here for either one but prefer (B) :)




If I am fortunate to be blessed by (B) then you will witness the sheer power of this trader in his application in real to the besting and thrashing of QQQ during the down wave. This downwave will be a motive one and will be a truly majestic one loaded with gaps and whatnot. The remuneration will come in in leaps and bounds at breakneck speed. Such is the power of being on the right side of the Trend and within the 3rd wave within the wave itself. Staggering profits to be had

Will I be so lucky? Am I Man enough to accept such riches?

What best describes what a 3rd wave looks like in one particularly nice example that remained so close to realism, abs stunning .................. RIP Steve


 
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