Good points Grob! Of course for day traders everything is in the now. But for position traders, now is just for evaluating the progress of...
I like the SEMI sector too. They were washed out during the last correction. I only bought AMD just above $20 and the SMH.
Maybe you are going to find some thing to trade. If nothing meets my critieria I watch. And, my criteria does not involve triangles. Just...
There are many types of triangles: contracting and expanding. most people just notice contracting triangles. Triangles can occur in the middle...
But very few really know how to read them. So they give a major edge to those that do. Having the edge is the name of the game.
ET phone home :)
good term ... 'read'
Exactly!
Hi Wolfe, Ah, but your just touched upon another part of the human psyche, knowingly or unknowingly. One can NEVER get too confident....
True ... time will tell. But the fundamentals are now favorable for stocks. Whereas the last two years or so they have not, and the market...
Actually, he may be discrediting the Elliott Wave on purpose acting as a contrary indicator as he does.
The price patterns are actually a reflection of these "emotions". The market is all about investor psychology. The patterns reflect this...
The 4 year cycle has bottomed. The FED has paused. The Middle East has simmered down. The economy has softened. Crude is stuck in a trading...
Wolfe, I completely understand what you are stating. The future is predicated upon the present and the past. The markets are very technical...
Have you guys quit on your wedgies?
I'm still looking for guidance from the aliens :)
Food for thought. While the bears have been selling into this rally. Look who was buying at the lows.
In who's world?
I take it you are part of the majority
Does he still post?
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