How truly said! And even if you meet all those criteria you can still get beaten to a pulp!
Good advice! provided that you're prepared to modify both stop and profit objective as conditions develop. The addage, "Let your winners run"...
The forecast of a top in the S&P somewhere in the 1150 to 1170 range seems reasonable to me. But I don't yet see strong evidence for it. If the...
We have sensible people in Canada too, who can see that either a Republican or a Democrat administration would need similar foreign policies. I...
The whizbang Fibonacci people are saying the S&P will top in the low 1250s. If you intend to play an 1150 top you may need all of your risk...
The 78.6% retracement of Wave 1 down in the S&P would approach 1385.
Hmm! confluence. An extended Wave 3 in the first impulse leg of a Wave 2 retracement gets us to 1254 in the S&P. And the 61.8% retracement of Wave...
QQQ could go to 43+ before correcting. Correction would be to the 31-36 range. All we need to know is when. :)
Should have written 1739 as forecast high for an extended Wave 3 in the NDX. From there the alternation rule would mandate a complex correction to...
A simpler (and equally probable) count has the impulse wave begin at the Oct. 02 low, with Wave 2 correcting from the Dec. 02 high to the Feb 03...
It seems to me that the setup wouuld be even better (and it's pretty good as you present it) if there were a higher reaction low on the daily...
Truly said! Trader Vic makes things sound so simple that you miss a lot of it the first, second and third times you read him.
That's right! Thanks for the correction. Times are always changing... :)
I attended one of Peter Steidlmayer's Market Logic seminars back in the 80s. They say he's changed the method somewhat since then but not in any...
That's a tempting thought and probably worth executing. However since the OEX is also the most liquid options market in sight I'm even more...
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