Just stop. Seriously. You don't even have an actual position. Just a mouthpiece. Seriously. Just stop.
i have easily made 100 bad calls. luckily for me those threads are quickly buried in the vast archives of ET. in the case of deadbro the thread has become endless. i predict we will flash-crash 10% the moment he capitulates on his short.
Exactly. Does anyone else smell the stench of this major bullshit rally coming out of Wallstreet ? My gosh, this "recession" has now surpassed 1931 by all measures...and more importantly: IT AIN'T OVER !! WAKE UP PEOPLE AND SMELL THE SHIT !!
another attempt of short today with a small risk. chinese getting serious with killing property bubble. Another step into trade war. Also markets at TL resistance and technical setup suspiciously resembles one in '38 when real war started :eek:
Dow Jones daily chart, same as shown in earlier posts. This time I've included an indicator - notice momentum waning at extreme right - doesn't mean it can't go higher but it hasn't yet gone below the 0-line i.e. no sgnal line cross yet. The next few posts will refer to this chart. Uploaded with ImageShack.us
refer to daily chart .... clear restatement of where exactly THREAD CALL fails if Dow exceeds the April 26 high by even a hair, the wavecount is wrong and therefore the CALL is wrong. If that happens, it will be posted here with letter size = 6 in RED. If so, it would mean that I got beat and lost. But if that does turn out to be the case, I already have a re-attack plan. The WRONG would be in place, but I'll be right back in to the fight as you will see in the next few posts with something that was dormant but has now become a reality.
refer to Dow daily chart .... It didn't bother Prechter and the guys at EWI that the rally from the March 2009 lows to the April 26 top was a clear 5-wave move. They explained it away by some arcane "internal structure suggests corrective" stuff. I didn't buy into this but at the same time I had NO explanation for it. You see, a 5-wave move is either the start of a bullrun or a wave A rally of a larger A-B-C overall corrective pattern. This larger corrective A-B-C pattern would come into play the instant my CALL goes wrong as it would instantly wipe out the wave 1 and 2 shown in the chart - why? .. because wave 2 cannot retrace more than 100% of wave 1. The instant Dow exceeds the April 26 top by even a hair, this scenario is instantly trashed.