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roofer
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there is no contradiction....you can be pushing the trend all day in the indexes with confidence based on the tools... yet you can be getting short key stocks that are turning early.... but just as AAPL is the BIG DOG that captures all the attention... INTC is the the little dog that the computers use to signal their intent..... you just have to do the work....
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roofer
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trust... the tools..... the ONLY reason ACOM was on my screen was because a person had told me with that look in their eye that everyone had at the top in 2000 that they and their friends loved ACOM and were never going to sell it.... seen that before..... so last week i started following it... i said geez.... LOOK AT THE SETUP!.... man i missed my chance.... but then i said earnings coming... if i have the computers pegged... then i will sell the .886 on gap as a lottery ticket trade....and there it was....
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roofer
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if jim is right that the oligarchs intend to move the markets MUCH MUCH HIGHER, and the mad short seller believes he is,then logic demands that the market sets up some large sized abcd's to launch the move.... that is the MAJOR context of my short term pounding of the short side.....building some major size pullbacks to launch price higher....this geometry is compelling.... remember what jim said about them closing it at key area friday.......they were trying to get the public long before they thrash it.... the sole of the move would be to collect inventory...
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roofer
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if you are an elliot fan think ABC-X-ABC... IN AMZN
RO
roofer
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Posts: 3,574
THOSE DOING THE WORK noticed a compelling thing in bonds,,,,,, as the market rallied the last two days..... bonds did not go down......instead they broke back to back .886 on gap. to the upside.... while moving above medianline... as the market corrects.... they should move to the upper line of set....
RO
roofer
Rep: 3,689
Posts: 3,574
THOSE DOING THE WORK noticed a compelling thing in bonds,,,,,, as the market rallied the last two days..... bonds did not go down......instead they broke back to back .886 on gap. to the upside.... while moving above medianline... as the market corrects.... they should move to the upper line of set....
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roofer
Rep: 3,689
Posts: 3,574
now think this through...... if SLV trades to 3326, the 1,128,,, at the line, then it sets up a beautiful kane 1.128/1.128 AT THE LINE... AT THE 382.....BUT LOOK HOW QUICKLY THE MOVE WOULD HAVE TO SETUP!... the question is what kind of volatilty do the computers have planned to trigger such a move?the only thing i can imagine is a quick forced liquidation by the weak hands to cover losses in other financial assets....stocks?
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rat89
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Posts: 7,015
I see why, with the 1.27 at the bottom, you would loo for potential .768/ .886 at top due to the symmetry.....and at the same time keep an open mind and the upper line in view...

great work btw, on calling the turn down AND the turn up

Originally posted by roofer

INTC is the the little dog that the computers use to signal their intent.....

RA
rat89
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like this??

Originally posted by roofer

now think this through...... if SLV trades to 3326, the 1,128,,, at the line, then it sets up a beautiful kane 1.128/1.128 AT THE LINE... AT THE 382.....BUT LOOK HOW QUICKLY THE MOVE WOULD HAVE TO SETUP!... the question is what kind of volatilty do the computers have planned to trigger such a move?the only thing i can imagine is a quick forced liquidation by the weak hands to cover losses in other financial assets....stocks?

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roofer
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no.. like this....
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rat89
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aha! afterward I had gone back and come up with this, so I see what you are looking at...thanks!
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rat89
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I see where you are....was wondering as to your anchor....see it on the gap on daily....