Log in or Sign up

ET News & Sponsor Info

General Topics

Markets

Technical Topics

Brokerage Firms

Company Specific

Interactive Brokers

Tools of the Trade

Trading for a Living

Community Lounge

Site Support

Feedback

Reversal Shorts - Top in

Discussion in 'Trading' started by jazzsmn, Apr 29, 2019.

volpri
- 6,381
  Posts
- 4,552
  Likes
jazzsmn said:
If el Top has been correctly called, then once and for all the best leading indicator should be as it always has been, namely Crowd aka Herd Sentiment as measured by so many indicators out there like Schwab, Univ. Michigan, DSI, bla bla. All out the window. There is only ONE true King.

VIX

Vix called the First catastrophic crash on Jan 16, 2018, 10 days before the world stock market Top of Jan 26, 2018.

But babe was not done yet. She then called the next crash of Oct 3, 2018 on August 30, 2018 - imagine that, one whole month BEFORE. Now that is what I call a Leading Indicator.

And now finally to babe's magnificence TODAY, May 1 = sell in May & go away = who said she don't got a sense of humor?

She gave signal on April 9 on Macd, then RSI signal April 25.

And the creme de la creme? A 61.8% on the button hit on April 17 & then today's Price Trendline break.

But wait, there's more. ...... Universe provides redundancy in spades. How so? From Dec 26 top in Vix to April 17 low, extrapolation of immediately previous wave gives a hit at 123.6%

More...

You are hilarious. Write that note yet on a sticky? Might wanna add a second sticky....”markets are bullish not bearish.” Maybe a third sticky..”time for going long” ..GOOD PRICE ...cheap...LOL

#71 May 1, 2019

Share
jazzsmn
- 35
  Posts
- 1
  Likes
volpri said:
So, I am like driving a muscle car with a full cam and you like driving a car that is hopped up on steroids by changing the chip. High tech?

What you gonna do when the bulls come for you?

Using indicators are like looking at the race after it is over. If you must use indicators then use price and not a derivative of price.

“Price is the best indicator of price.”

Make haste and put this on a sticky at the top of your computer.

There are many waves. Many cycles. My wife doesn’t have to understand waves to dry her hair with a hairdryer. She just needs to know there is POWER (pressure..i.e. voltage and sufficient amps) in the plug and to turn the hairdryer on and off (that is, execution and management).

The markets are bullish not bearish.

ROFLMAO
More...

Now dig this. .... if el Top is IN, the attacks here will skyrocket. THE HERD never will let a fella on the rightside of the TURN escape without being mauled.

The trashing of TA, technical Indicators, waves, sentiment et al. .... will enter a bullrun.

#72 May 1, 2019

Share

volente_00 likes this.
destriero
- 16,602
  Posts
- 11,220
  Likes
jazzsmn said:
If el Top has been correctly called, then once and for all the best leading indicator should be as it always has been, namely Crowd aka Herd Sentiment as measured by so many indicators out there like Schwab, Univ. Michigan, DSI, bla bla. All out the window. There is only ONE true King.

VIX

Vix called the First catastrophic crash on Jan 16, 2018, 10 days before the world stock market Top of Jan 26, 2018.

But babe was not done yet. She then called the next crash of Oct 3, 2018 on August 30, 2018 - imagine that, one whole month BEFORE. Now that is what I call a Leading Indicator.

And now finally to babe's magnificence TODAY, May 1 = sell in May & go away = who said she don't got a sense of humor?

She gave signal on April 9 on Macd, then RSI signal April 25.

And the creme de la creme? A 61.8% on the button hit on April 17 & then today's Price Trendline break.

But wait, there's more. ...... Universe provides redundancy in spades. How so? From Dec 26 top in Vix to April 17 low, extrapolation of immediately previous wave gives a hit at 123.6%

More...

@fibo_trader, lisa_world_travel, et al.,

You're 30 points in the red on SPY, so please take your VIX analysis and shove it where you arrived at your horrific SPY short.

#clownshoes

#73 May 1, 2019

Share
volpri
- 6,381
  Posts
- 4,552
  Likes
jazzsmn said:
Now dig this. .... if el Top is IN, the attacks here will skyrocket. THE HERD never will let a fella on the rightside of the TURN escape without being mauled.

The trashing of TA, technical Indicators, waves, sentiment et al. .... will enter a bullrun.
More...

LOL....IF...IF....IF

#74 May 1, 2019

Share
jazzsmn
- 35
  Posts
- 1
  Likes
destriero said:
@fibo_trader, @lisa_world_travel

You're 30 points in the red on SPY, so please take your VIX analysis and shove it where you arrived at your horrific SPY short.

#clownshoes
More...

Yawn! Just as predicted, the attacks will gain momentum & ferocity. Nothing irks The Herd more than a fellow who didn't jump off the cliff.

Laughing like there's no tomorrow.

Peace amigos.

#75 May 1, 2019

Share
destriero
- 16,602
  Posts
- 11,220
  Likes
jazzsmn said:
Yawn! Just as predicted, the attacks will gain momentum & ferocity. Nothing irks The Herd more than a fellow who didn't jump off the cliff.

Laughing like there's no tomorrow.

Peace amigos.
More...

The Herd?

https://www.elitetrader.com/et/search/8998096/?q=Herd&o=date

#76 May 1, 2019

Share
destriero
- 16,602
  Posts
- 11,220
  Likes
BIDDLYOP! Bye fibo!

#77 May 1, 2019

Share
ntwadumela
- 36
  Posts
- 5
  Likes
maxinger said:
View attachment 201642
More...

?? what's wrong?

#78 May 2, 2019

Share
volpri
- 6,381
  Posts
- 4,552
  Likes
jazzsmn said:
Yawn! Just as predicted, the attacks will gain momentum & ferocity. Nothing irks The Herd more than a fellow who didn't jump off the cliff.

Laughing like there's no tomorrow.

Peace amigos.
More...

Tomm is here. Still laughing?

#79 May 3, 2019

Share
maxinger
- 14,053
  Posts
- 8,119
  Likes
and someone will say

NEXT TRADING DAY IT WILL CRASH MERCILESSLY.

#80 May 3, 2019

Share

volpri likes this.

(You must log in or sign up to reply here.)

Search