(sorry about that last post, hit the wrong button) ..... Give it some thought, please. I'd like to leave the question open for a few days. $1 bet says NOBODY at ET gets it. As for you, Sir, when I give you the answer, you will have absolutely no argument with me and will know immediately that what you showed is NOT a double-bottom Patience, please.
Thanks for the answer, good attempt, unfortunately it is the wrong answer. Note: a slightly lower low is acceptable. However "slightly" is open to interpretation. The answer that I am looking for from you is NOT OPEN TO INTERPRET .... ! Try again, please
The Dow Jones SHORT TRADE continues unabated There is NO STOP at the moment for reasons that are obvious as per MY MARGIN OF ERROR post
Hear this from this newbie first .... Expect a metric tonne of shit to come down the pike from EASTERN EUROPE as stated in October 2009 in my TA thread (link in earlier post) Spider S&P Emerging Europe (GUR) ... i.e. Hungary, Poland, Russia, Turkey, Czech Republic ...... every last one of them has reversed the uptrend wave from March 2009 and resumed the bearmarket. Then dig this, Emerging Markets (EEM) .. (China, India, Russia, Indonesia, Brazil, Mexico, Korea, Taiwan, South Africa, Israel) .... resumption of BEARmarket on May 20, currently in upwave rally, but the signal of collapse is CLEAR. God, do I love it so!
As I await a total collapse of Great Britain and Sterling, here's the scene for Western Europe ..... Spain .... you know this one already ... on the fast southbound train to Argentina. Switzerland Index England FTSE100 France CAC40 Austria Belgium Holland Norway ............... all resumed bearmarket in May 2010. only 2 exceptions remain in bullrun territory, GERMANY and SWEDEN. Granted, Germany is a big one, a major player. When this Porsche turns south expect acceleration to Nomansland.
Here's where to find the original blueprint posted in October 2009. http://www.elitetrader.com/vb/showthread.php?s=&threadid=179613&highlight=lambda Dig it, baby.
As far as I know, out of the 200 active ET posters, only about 20 use TA, the rest KNOW its total bullshit. Hey, far be it for me to persuade you. I love it the way it is. It is after all just sublime and invigorating to watch fools trading as if the market is in a perennial famine! God, do I love it so!
So it's kind of like you're Robert Prechter but a much more flamboyant idiot. Your username is so appropriate if you trade based on this "analysis"
Another way to look at ET, Clubber. Evidence is all one needs and it can come from the most unexpected quarters, especially the Chitchat forum where most trading scammers would be off their guard. http://www.elitetrader.com/vb/showthread.php?s=&threadid=179200&highlight=cot even the scammers' kids couldn't answer this one, whereas it was us 12-yr olds back then who could solve stuff like this on a daily basis. Me only? Heck no, I was just slightly better than average. God, how low america has sunk in the international arena AND how proud we still are in our ignorance!! Its a fckin rapturous nighmare to watch the worst bounty hunters in existence all right here at ET and revel in their ignorance. --------------------------------------------- reproduced here for your edification for 12 -100 yr olds ..... Try this one - if nobody gets it, answer will be posted 1 yr from today. No hints will be given. Starting from first principles and without the use of logarithmic tables, slide rules, computers, calculators etc., prove that cot 7.5 degrees = sqrt 2 + sqrt 3 + sqrt 4 + sqrt 6 i.e. cotangent 7.5 degrees = square root of 2 etc.