SHORT re-entry for GREAT DEPRESSION 2 - precision mini-TOP Hunt

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Dow down 380 and attempting to leave the 200 m.a. on 1H in the dust as he speeds towards Argentina. S&P500 and Nazzy have already dumped their 200 mas on 1H.

Don't forget to take profits here and there but keep a solid position in for the duration - oversized plays should be profit-taken often. Any rally should be hunted down deadbroke style for the rally top and plundered for another run, then take profits again and again and again.

What a fckin life. America, what a country!!!!!!!!!!!!!!!! :D :D :D :D :D :D
 
Quote from deadbroke:

For GREAT DEPRESSION historians in Year 3012

Markets just opened Monday morning, November 7, 2011. Dow Jones is rising nicely, up almost 60 points.

SHORT now
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GREAT DEPRESSION historians in Year 3012 please remember this and drill it into your heads because this concept NEVER changes, its as firm as the firmament. :)

When a market recovers after a drop in such a potent way as the Dow did from the October 4, 2011 low, investors and traders are convinced that the BULL is back and drop their guard and get in at the top.

This is exactly the setup required by the 3rd wave - it REQUIRES max. reentry for it to be able to deliver the maximum pain.

Only deadbroke did not fall for that - it tempted and tempted and tempted him though - but he knows better for the texture, color and signature of the TRAP were visible to him.

Yeah baby, deadbroke is proud of himself.
 
Quote from sheda:

Good calls(Y)
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For Sheda and other newbies, a lesson/lecture :) :) :D :D

ET is a wondrous place to observe HERD PSYCHOLOGY in action. Why is this important? Because TECHNICAL ANALYSIS has a generally hidden devoted sister who loves her brother dearly. The sister's name is SENTIMENT ANALYSIS and some outfits like Jake Bernstein's charge $2k or more per month for sentiment readings - these readings are akin to taking the temperature of vast numbers of the HERD in order to gauge their "group level of heat"

The dead one uses such readings in conjunction with TA but he does NOT need Jake or anyone else - deadbroke gets the same identical readings by a quick glance at ET's thread titles and sometimes actually reading the vaginal content therein. Often one will observe in a vaginal thread that deadbroke takes the thread further by inciting the beest therein to argue with him - this brings out even more of their firm stance thereby giving deady incredibly accurate readings.

Now deady could sell these readings and make a fortune.

But deady will not violate his golden rule ....

Those who can't trade ALONE acquire clients and offer services to the general PUBIC.

Then he can say, for example, the HERD reading on a particular subject like the Euro for example reads at 96%. Therefore a turn is inevitable - but there is no timing mechanism in this measure, its only a DEFCON signal to be on high alert for the turn.

The only tool that can give the turn is PRICE.

So brother and sister are PRICE and SENTIMENT.
 
Axioms in operation at ET

(1)

Success is terribly hard if not impossible to find at ET.

If you brought a pot of pure Gold and put in front of ET members it would not be seen and instead would be cast away akin to pearls for swine.


(2)


ET members treat their own kind (i.e. members of their own HERD) with contempt and offer no encouragement to the ones who are attempting to breakout of the HERD and go individual


nitro's recent thread shows clearly that it was only AFTER my comments about a good call that there was a flurry of congrats to nitro - see for yourselves the time and date stamp is the proof.

And dig this, nitro is one of them, lives in building 1 on the 3rd floor at ET - yet they could not be nice to him and reward him adequately and commensurately for his work. NO Sir, they needed an enemy of particularly intemperate disposition (deadbroke) to get them to do the right thing.
 
Deadbroke...

Who gives a fuck about "Good Calls"?

What counts is your own personal "Bank Account". Only you know what that is.

I could give a rats ass if people on ET believe what I say or do.

90% of the nitwitz on this site are either , retired folk living off their "Pensions" 401ks, Academics (as in students and profs.) or 9 to 5ers working for some one.

There is a very small % of people on this site who are in the Financial Industry and even small % that actually trade for a living.

Just keep posting your Technical points and charts and those who are smart enough to follow what your saying, will understand your thread.
 
Quote from deadbroke:

Wednesday morning - Markets not opened yet

Same Dow Jones 60-min. chart but with a new twist discovered whilst sozzled on wine last night

The Ending Diagonal Triangle (shown by the blue lines) - let's see if I'm right before we go into its virtues, hehehehehe




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The above is deady at his very best - the mixture of trepidation and sheer joy I felt simultaneously when I saw the pattern - the HEAD screamed "be cautious" the HEART murmured "don't call it, don't take action, just wait and see" but the Soul whispered "death is only a circumstance, go for it"

Deady always goes with the Soul.

The Ending Diagonal Triangle is oh soooo much more than just a WEDGE - it is a pattern that foretells the END of a sequence for that timeframe. There's much more to this pattern that you won't find in any conventional book on TA



The rest is HISTORY
 
Quote from deadbroke:

STOP @ 0.5% above the Oct 27 TOP.

Why is the STOP there? Because if triggered, the anal-ysis is wrong.

Dow has made a habit of retracing 78.6%. Will he do it this time too?
Don't know. But if he does, I am adding to Short there.

If STOP is triggered watch the news for concomitant massive reduction in psychiatric fees for the entire ET pubic as deadbroke's failure/sorrow generates a level of jubilation so high that ALL traders' personal problems vanish and they are cured forever.





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So you're forecast of a second Depression is based upon some T/A on a 30m chart? How are you NOT running the Quantum Fund?
 
Quote from atticus:

So you're forecast of a second Depression is based upon some T/A on a 30m chart? How are you NOT running the Quantum Fund?
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Quantum Fund? Oh noooo, not enough remuneration.
 
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