Dow Top Call - 11-yr top formation completing

Discussion in 'Trading' started by deadbroke, Apr 22, 2011.

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  1. Lucrum

    Lucrum

    For "deadbeat" just tying his shoes without assistance is an accomplishment. And besides, what's 2000 DOW points among friends?
     
    #11     Apr 23, 2011
  2. Important question: What precise level needs to be breached to make THIS top call a failure? [​IMG]
     
    #12     Apr 23, 2011
  3. TheMan

    TheMan


    this is the best part about DB's calls

    it is never wrong

    he will call this thing short 6 or 7 times on the way up to 13300

    each time explaining why it is now the correct top

    eventually he will ask for thread to be closed

    its like ground hogs day
     
    #13     Apr 23, 2011
  4. Dow call corroboration from a closer view of the ROGUE WAVE .....

    US Dollar bullrun turn expected @ 73.27. Why here? Because Wave C will equal Wave A. See chart.

    Rogue wave will topple the Dow just like it did in Mar 08 - Mar 09. I called a Dollar turn as a newbie on Oct 14, 2009 but was overall 1 month early and had many mistakes.

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=179167&highlight=trigger

    Let's see if I've improved?


    [​IMG]

    Uploaded with ImageShack.us
     
    #14     Apr 23, 2011
  5. TheMan

    TheMan

    [​IMG]
     
    #15     Apr 23, 2011
  6. The Elliot Wave Theory can have all sorts of interpretations, it's turning out to be a joke.

    The chief theorist believes we have one more run up, I think to around SPX 1400.

    Tradeyourwayout.com changed his stuff. We were suppose to top out at these levels. Now he says we top out at SPX 1600 because the dollar broke critical support. He ignores the impact of oil prices. QE2 is suppose to expire in June and QE3 is not expected to happen.

    Unless the Republicans completely neutralize Obama & Obamacare, and oil prices are contained, I expect oil to keep a cap on the SPX. [​IMG]
     
    #16     Apr 24, 2011
  7. STILL NO RESPONSE SO WE MUST ASSUME IT WAS NOT POSTED.


     
    #17     Apr 25, 2011
  8. TheMan

    TheMan

    another stellar call there DB

    you are the all time fade if i ever saw one


    classic

    let us know why you messed up and where the top is going to be


    thanks

    this elliot wave stuff really works well for you
     
    #18     Apr 26, 2011
  9. Lucrum

    Lucrum

     
    #19     Apr 26, 2011
  10. TheMan

    TheMan

    I am thinking he makes 3, 4 or 10 shots at it on the way to 13,300 and then closes the thread.

    Comes back later and makes a "12 year top call"

    Just a !!!!HCNUH
     
    #20     Apr 26, 2011
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