Robert Hoffman's S&P500 Technical Analysis for August 12th, 2008

By complainers i mean to complain AGAINST the QUACKS in order to clean up the salesman etc.

A forum should be about exchanging thoughts from those looking to make money from trading ONLY.

All salesmen and ego seekers should be sent to yahoo. (hint, hint, you know who.)

<a href="http://www.sweetim.com/s.asp?im=gen&ref=11" target="_blank"><img src="http://content.sweetim.com/sim/cpie/emoticons/000200C0.gif" border=0 ></a>
 
Quote from Aaron Copland:

How could he miss this positive divergence in the weekly chart of ES is amazing, he missed one of the strongest signal in technical analysis a weekly MACD divergence.

All he has these sheep doing is looking for shorts. When all you need to do now is buy the dips.

Divergences are a joke. They do not give you better than a 50-50 chance for success.
 
Quote from Aaron Copland:

Not weekly divergances.

You are comparing the here and now with a lagging indicator. It doesn't matter what time frame you use. Any GOOD method will work in ANY time frame.
 
How about this analysis from Snp trader. He says if the sells don’t sell then its time to buy, or if the buys don’t buy its time to sell, that’s genius!

He covers all the bases, and always comes back and says, if you recall I told you yesterday, if the buys don’t buy then sell.
 
Quote from Aaron Copland:

How about this analysis from Snp trader. He says if the sells don’t sell then its time to buy, or if the buys don’t buy its time to sell, that’s genius!

He covers all the bases, and always comes back and says, if you recall I told you yesterday, if the buys don’t buy then sell.

dont burst the sheeps bubble too hard. you might get death threats :D
 
Quote from HolyGrail:

Divergences are a joke. They do not give you better than a 50-50 chance for success.

Bravo, I love it when people speak the truth.

It's about time.

Anek
 
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