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

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Quote from atticus:

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http://www.youtube.com/watch?v=BdK0jaLuJL8
 
Quote from deadbroke:


For the rest of you, who have zero idea of the ferocity of deadbroke when he takes on a project (and without going off-site into my previous ventures) have a look at the way I pestered baron to institute some changes so I could speed up my learning to trade here at ET.

Just to let you know in advance of you reading that thread, I was a bit coarse at times when I spoke to baron - apology now and I mean it, never too late.
He has a business to run and didn't see things my way, so just accept it and do the best I can - which is what I did.

My posts start from page 4 of 6


http://www.elitetrader.com/vb/showthread.php?s=&threadid=168825&highlight=Patton
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Bad link. Or you were using a different user name.
 
Quote from deadbroke:

Reminder:

Unless we see huge drops soon and a full departure from the Dow Jones 200-day m.a. and leaving it in the dust, there is always the possibility that the longer-term move is NOT correct as I've laid out previously ....

so play the 30-min. trend for profit-taking and reentry as often as it takes.

If the 200 day does not fail, it will be time to go LONG regardless the LT analysis. Bottomline is to be on the right side of the short-term moves FOR NOW

More cautionary observations next
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So if we don't go down we could go up. okok.
 
Quote from atticus:

So if we don't go down we could go up. okok.
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Duh! :D :D :D :D


Unless you consider going sideways, going somewhere.

And just for your benefit, going to the left is ruled out. :)
 
Thread title accomplished - mission complete and successful.

I will continue to trade on the 30-min for stocks and 1H for currencies

GREAT DEPRESSION 2 is still the CALL but as stated I was unable to explain why we are not dropping harder and faster RIGHT NOW, the high bullishness in Price still throwing me off.

I think I have the answer as of the last 2 hours - see below.




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