Price foretells tsunami wave lambda

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Quote from deadbroke:

Q's daily chart significant opportunity for shorties

a break of the lower daily trendline will send Qs to well under $25
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Q's daily chart from page 3 updated ...

Of course we won't know whether the "significant opportunity for shorties" written above is real or not for many weeks or months from now. While a few bucks of gain is good, its not what I had in mind - a decisive big buck gain is what I was looking at. So we will revisit this weeks or months from now.

only thing I've added is the arrow at extreme right in the Macd histogram indicator window to show how a weakness signal earlier was confirmed by a later breakdown.

best wishes to all traders/investors TA afficionados et al at ET

 
Quote from deadbroke:

Qs 15-min. updated - going according to this newbie script :)


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Q's 15-min. chart from higher up on this same page updated ... haven't changed a single thing .... we are very close to the important Oct 2 daily low mentioned in the chart at lower right

no need for any further updates of this timeframe



 
Quote from deadbroke:

On the weekly Vix chart (not shown here) Price has touched the 200 m.a., rebounded feebly and now closed below it with a lower closing low. But is this all the magnificent 200 period m.a. can do? Macd has crossed and historgram shows waning downside momentum.

But weekly's big brother, MONTHLY received the former's distress call already. Price is a millimeter away from the monthly 200 m.a.

Combined elastic power of 2 timeframes with historically proven high coefficient of restitution can set things in motion for high-speed northbound rocketblast?

Either that or I'll have to come clean as to what I'm smoking.

:)


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monthly Vix from page 2 updated ....

Behold the sheer magnificence of the 200 period moving average (green).
Poetry for the soul - a trader/investor's best friend.

and when you've got combined weaponry of M and W 200 m.a. the slingshot can be stupendous.

 
CNBC celebs were abuzz about Vix strength. Scott Wapner is the only one with no ego whatsoever.

Vix daily is just shy of 200-day m.a. So if there is some sort of nasdaq/Dow market rebound next week they will attribute all sorts of reasons for this.

To me the reason would just be the 200-day m.a. resistance. I'm just a simpleton, what the heck do I know?


:) :D


 
Quote from deadbroke:

I rec

"I'm going to get my kicks before the whole shit-house goes up in flames"

Jim Morrison, The Doors

valid then, but exponentially more so now. :) :D
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sorry for the lame answer. :) :D

Here's what I've done, am doing ..... all simple stuff ...

premise is: Cash is champion for the first time in 80 years. A total drying up of DEMAND is the environment for years

any investment real estate ... adios long time ago (2006)

business sold off. Will not start a new one till Depression ends.

No debts for the last several years .. only a pot to _ in but its free and clear. Ditto for everythng else I have, autos (2) etc., same, same.

All monies owed to me have been called in and collected.

Closed BAC & other accounts at large banks. Expect all to go under.

Cash stashed in multiple locations equal to 3-yr supply of emergency funds that require no access permission from any clowns.

NO to expensive purchases. All items of value that I don't think we need, have been dumped already.

Credit cards - only 1 and requested the limit be dropped to 5k.

Minimal gold coins, mostly Yen and $. If the latter has bottomed for sure, things can only get better.

Just simple stuff ...... :)
 
Quote from deadbroke:

CNBC celebs were abuzz about Vix strength. Scott Wapner is the only one with no ego whatsoever.

Vix daily is just shy of 200-day m.a. So if there is some sort of nasdaq/Dow market rebound next week they will attribute all sorts of reasons for this.

To me the reason would just be the 200-day m.a. resistance. I'm just a simpleton, what the heck do I know?


:) :D


]
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OK, so I was lucky thinking the 200 m.a. would halt the rally. I believe we have a breakout on Vix, but for this to be right, the low has to hold. So I'll wait a few more days ...

I say "lucky" because I'm disgusted with my mistakes on Qs and Dow.

I'm going to slim down my TA engine - first thing that goes is the realtime stuff, just too unreliable for me. Daily is my timeframe and even there I'm going to trim some fat off.
 
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