SHORT re-entry for GREAT DEPRESSION 2 - precision mini-TOP Hunt

Discussion in 'Trading' started by deadbroke, Nov 7, 2011.

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  1. The cognoscenti will instantly realize when they look at the previous post on Gold that that was an Elliottwave call delivered with surgical precision.

    I spent countless hours battling the incomplete Elliottwave Theory and till today still fall short of what I desired from it - this is the main reason I went into classical TA as my bread and butter.

    But someday I alone and only I will discover what is necessary to take Elliottwave Theory to a whole new level.

    This example in Gold only further fuels the fire within to develop it more for where there is even some truth there must be phenomenal truth if only one had the balls and endurance to dig deep and explore - but one's gotta do this on one's own.

    God, do I love it so! :)
     
    #61     Nov 9, 2011

  2. This oughtta explain your lack of understanding of the dead and broke one


    (delivered by the dead one verbatim as he remembers clearly the best poetry ever written post Bobby Dylan)


    It was many years ago that I became what I am
    I was trapped in this life like an innocent lamb
    Now I can never show my face at noon
    So you'll only see me walking by the light of the moon

    The brim of my hat hides the eye of a beast
    I've the face of a sinner but the hands of a priest
    So you'll never see my shade nor hear the sound of my feet
    While there's a moon over Bourbon Street

    She walks everyday thru' the streets of New Orleans
    She's innocent and young, from a family of means
    I've stood many times outside her window at night
    To struggle with my instinct in the pale lamplight

    How can I be this way when I pray to God above
    I must love what I destroy and destroy the thing I love
     
    #62     Nov 9, 2011
  3. sheda

    sheda


    Thanks for the advice - I am awfully glad you can draw lines on charts my oh my you have perfected this text book skill:D
     
    #63     Nov 9, 2011
  4. #64     Nov 9, 2011


  5. Hehehehehe, you like everyone else has missed the point completely.

    You see, air and water are free, they are sooooo simple yet hold the key to LIFE.

    God would smile with tears of joy were he to find even one individual who understood the above's magnificent import and ADD Trendlines to the trio to make it thusly.

    There exist 2 such individuals, Professor Charles Bassetti, Head of Finance at Golden Gate Univ., SF - and deadbroke, a man so broke and destitute that even prostitutes turn him down. God bless the professor, bless him daily for his emails to poor deadbroke in his formative days


    Air, water, Trendlines, God's gift to those who would only open their eyes. :) :)
     
    #65     Nov 9, 2011
  6. And Sheda, this goes beyond Professor Charles Bassetti's book on TA of stock Trends, 9th edition (a true classic that from inception has stood the test of time)


    Who would ever have thought that a simple line aka trendline could map the exuberance or miserable negativity of the HERD? But it is so - what the trendline does is not only map the progress of the UNCONSCIOUS MIND within the HERD, aka the MIND that drives the HERD, but it also by virtue of SLOPE gives you the progression of the 3rd wave of exuberance and then in the 5th wave the waning volume and divergence offers further indication that the HERD is almost at the land's end ready to jump over the cliff and perish

    God do I love it so! :)
     
    #66     Nov 9, 2011
  7. sheda

    sheda

    Dont use them, arent fascinated by any form of analysis - netted 300 points - today being as boring as any other day - time to turn terminal off and turn beer on - same old same old - yay.

    God bless you Technical Lord.
     
    #67     Nov 9, 2011
  8. Massive SHORT opportunity coming up in Crude Oil on a larger timeframe, namely 4H.

    Divergence occurring NOW on 4H.

    current price $97.45
     
    #68     Nov 9, 2011
  9. Took some juicy profits on EurUsd shorties - but remaining positions still in there and will be added to bigtime on the next subwave rally top - if there is one, hehehehehe

    Lord, do I love trading so!!!!! :) :) :)
     
    #69     Nov 9, 2011


  10. if not analysis then how about my anal-ysis?
     
    #70     Nov 9, 2011
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