How will YOU determine that we have bottomed?

Discussion in 'Trading' started by SoyUnGanador, Jun 16, 2022.

  1. When the slope of the 21 EMA on the SPY WEEKLY Chart turns up then the Bear is most likely over. That seemed to work in 2003 and 2009.
     
    #91     Jul 20, 2022
  2. wildchild

    wildchild

    The point is that your line is completely subjective.
     
    #92     Jul 20, 2022
  3. maxinger

    maxinger


    right.

    different people draw it differently.

    some even draw it as an uptrend.

    draw it in whatever way you want.
     
    #93     Jul 20, 2022
  4. Handle123

    Handle123

    Go to Barnes and Noble, magazine section, and when you find 10 magazines saying we dropping lower and possible zero, the lows are in, buy up.
     
    #94     Jul 20, 2022
  5. Georpe

    Georpe

    FWIW, some more subjective lines. We overshot the channel line.

    upload_2022-7-20_9-35-33.png
     
    #95     Jul 20, 2022
  6. nitrene

    nitrene

    #96     Jul 20, 2022
  7. wildchild

    wildchild

    WOW Morthole, you are really bad at this. Here we are 5 weeks later and Morthole AKA Overnight was 100% WRONG.
     
    #97     Jul 29, 2022

  8. When the following is true:

    (1) Higher Low, Higher High

    (2) When Dow Theory fires off a new bull signal

    (3) When on any given Sunday evening, bankers are seen ironing 5 white shirts
     
    #98     Jul 29, 2022


  9. When Nine_Ender is thoroughly humiliated and stumped thusly: :)


    Nine_Ender calls a picnic party for all the ET traders' wives at an ET favorite fishing Lake that is not generally known to the public.

    His goal is to corner the BEARS' wives if any remain and humiliate them.

    Since there were no BEARS left standing after the most recent rallies, the only one available was yours truly's girl. I sent her to socialize with the gang of traders and enjoy. She wanted to learn to currency trade so I told her to talk to these dames they ought to know stuff


    upload_2022-7-29_10-37-47.jpeg




    She confused the daylights out of them as she always went to the opposite side of the lake as them and cott plenty of fish while they struggled.

    They cornered her and asked what her secret was?

    She replied, "when I wake up in the morning I observe what side, left or right my boyfriend's missile is pointing and I fish only on that side of the Lake.

    The wives were speechless to such an extent they could not query her. So Nine_Ender jumped out of the bushes and blasted her with, "and what if when you wake up and his missile is pointing not left or right but straight up?"


    My girl replied, "I STAY home"
     
    #99     Jul 29, 2022

  10. Wholly hell, who is that girl? Name please. Would wife. Then divorce a couple weeks later when I got tired of her.
     
    #100     Jul 29, 2022