its too much fun for me. i am sure the luster of it will wear off shortly though Since INCY!!!!!!!!!! left i have no one elses balls to bust. where is that young CAT anyway ?? Where you at DB????
Regardless the differences in top values, Yahoo Finance has recently altered the April 26 top high as 11,308.95, and so today, there is no doubt that the TOP is exceeded. So although my recent post that the THREAD CALL is wrong was premature, it is now confirmed that I AM WRONG. So, as stated before, knocked down but not OUT. Continuiing to try to catch the top ..... Note: What hasn't changed at all is the THREAD TOP CALL concept. That we are in a TOP scenario is 100%+ clear to me. Now, what would it mean to me if I am wrong about such TOP. It would mean clear and simple, I'm a total goner. This is still very much in force despite the timing error.
Nooooooooo DB! re: it is now confirmed that I AM WRONG. Noooooooooo. What next! I'm selling my last chunks of Cavium for my family @ $35! WHOOPS! Yea I got out way to early myself @$32 listening to you... DARN YOU! Common man here's my email back to the hedge fund explaining why I want to be at 6% cash vs everyone else's fully invested: - from stoney- I'm certainly not timing the market here but too much stuff is weird- neg yield on TIPS, VIX super low, A Fed that suddenly targets equities up, Europe not doing the same, dollar dwindling, oil nearing $90 Cotton through the roofretail #'s not impressive... & I see a slowdown in tech to boot. Against all of this will be the rush for performance by mutual funds. But we all know that's a two way door. My gut still says quick move down. I'm not finding good value when I look around at ideas. Of course you guys are better at that!-- So there you have it. The market is up 200 and I have a big cash position. Now you sir can see we are about to go down can't you.... what of the running with the herd stuff??? Commmon man. What you did DB is draw your trend line wrong and miscount your waves typical junior investing stuff and now you are faced with the ancient dilemma Do I Fight The Fed???? We are always told never to do that.... Ok we went DOW 14,000 to DOW 10,000 on housing. Housing is not much better but the cars have been fixed and the banks are more secure so we half that amount and your " Top " is going to be in the 12,000 zone. How we get there though that's where the fine arts comes in. Luckily I was an English major!~si
----------------------------------------------- same chart updated ...... I've added the solid black trendline as an additional guide (=once broken) for the upcoming SHORT Uploaded with ImageShack.us
pitchforks, trend lines and a MACD i mean if you cant figure it out with those tools there may be no hope for you great stuff