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TILT2
 

Registered: Oct 2011
Posts: 388

 

09-22-12 06:39 PM

When you die in the market, I will start shorting!

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RangeTrader
 

Registered: Mar 2012
Posts: 705

 

09-23-12 01:19 AM

The fed has no direct influence on the markets.

They just trigger the initial start of the speculative bubbles and then they run on their own until they lose momentum with no outside input.

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RangeTrader
 

Registered: Mar 2012
Posts: 705

 

09-23-12 01:26 AM

Market trend strength is at 30 points per 10 weeks and 60 points per 10 months.

It's still the kind of trade you want to try to time perfectly because that is how fast the higher highs are moving upward in this market. 60 points per 10 months or 6 points per month is the price strength increase rate.

This current pattern is setting up like the crash of 1987... Or it could be just like the correction in the middle of that bubble. We shall see!!!

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RangeTrader
 

Registered: Mar 2012
Posts: 705

 

09-29-12 09:53 AM

Starting to drop already.. Nasdaq breaking down. Real excitement begins in a few weeks or so... Ohhh... Correction is merely weeks away now...

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RangeTrader
 

Registered: Mar 2012
Posts: 705

 

09-29-12 09:56 AM

Probably going to see around 2700 on the Nasdaq by early spring! She is set to drop like a rock!!!

Don't short until it attempts to retrace back up on the weekly.

nas.png
This has been downloaded 71 time(s).

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Ash1972
 

Registered: May 2009
Posts: 446

 

09-29-12 09:55 PM

Hope you're right, Range. I just have a superstitious feeling that the more we hold our breath for it the more we jinx it and it just won't happen..

If the gods are really smiling then it will happen BEFORE the election and wipe the smile off Obama's face..

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