Phew, I don't know about you guys, but I am glad to close out last week's topic, despite my agreement with tomo, it was some great material.

Let's crank this week up, I think the action is going to be awesome, if last week is any indication. I'll start, like I did last week, with my bearish hopes, and my bullish realities. Of course this won't happen, but I can dream, can't I? Sometimes I think that is all I have left, the dreams. The market will never do what I want it to, as far as the bad guys. On the other hand, maybe I'll get my wish, and the bad guys will, in fact, be behind it, instead of it crushing them to dust. I recall that old saw that goes like this: 'If you bet the sun will blow up, and it does, what do you win???'

http://eminiaddict.com/wp-content/uploads/2012/10/2012crash_001.png

Preliminary indications are for the ES to open up 1.75 points.

Indications now +2.50.

Okay, I'm greatly enjoying the continued weakness after the (small) gap up opening.

Everything is now as it should be. After that little shakeout drop the ES is rising strongly, up almost 10 off the low. I have to see how it handles that area around 30 to see if they will be doing a 20-30 point straight up move or not.

27.50 here key. Let's see. Then 30.50 center of area, then 35.50-36.00.

If this thing goes nuts, I'm looking at 1446 by the close tomorrow. If it's a more slow grind and they plan to run it, then the time will just get expanded a bit.

i took the time and energy when asked to explain what i do.... waited for a reply for my question and got none.. so i will ask again..was there anything on the chart based on medianlines fib and abcd's that had not been shown here before and thus was knowable in advance as a potential turning point?as a practical matter as a target trader i do three things in the heat of the trading day// if i am up 10x quickly the initial risk i will cash in some chips and if price has traded to the 941 of target i will put a stop at the 886.and if i am trading the cd leg of abcd where i do not know if it will go to 886 or 1.128, i will take some off at 886.

i bought an insurance policy based on the geometry to protect against some rogue event hitting the markets today in the vxx

??

Thanks for the reply, tomo. I want to relate some thoughts. I am in no way directing this at roofer, so, roofer, please, please, please realize I'm just making general comments about forums, and how I think my forum should be.

I recall in the public mypivots forum Joe Ross used to make posts. People would ask great questions, and he never answered a single one. After awhile, if I recall the events correctly, they warned him he must answer questions if he planned to make posts showing setups, trades, and such. He didn't respond, and simply made more posts. They banned him. Now, I know Joe, and have corresponded with him. But, even with that, I agreed with the ban. A forum shouldn't be a place to just post. It is a place for discussion. If one doesn't want to explain, answer questions, and have open discussion, they should start a blog and do like 'joey-D' does, post their stuff until they are blue in the face. No explanations, no questions, just posts, take 'em or leave 'em. But, this forum is not laid out for that.

So, when anyone makes a post, they should expect questions, and should be ready to answer them. That should never lead to friction or issues. If it does, there is something 'not right'. Although I have proprietary material, and some of that is available only to those that work directly with me and sign non-disclosure agreements, all that is in the books and website commentary, and a few new things I let slip in here, it's all open for discussion in here. It's all open for discussion or questions, any aspect of the methodology.

I'm a bit constrained because, as a seller of products I can't (on advice of an attorney) discuss specific trades (none of you are so constrained). I can, though, from an educational perspective, discuss specifics of how I think the methodology applies to any given situation. So I can say I see an entry trigger here, or a scale out trigger there, or a PTA here, or whatever. If I get asked a question I will attempt to address it each and every time. I think anyone who posts anything needs to be ready and willing to do the same. If not, this forum is not the right one for them. I am not pointing to anyone specifically, it's just a general observation, and all in here should understand that.

Bottom line, this is a discussion forum, not a posting forum. We all need to feel safe and comfortable asking any reasonable and relevant question about any post, and expect a reasonable and timely answer. That's the point of the forum, that's what we are all doing here, and only those that are in agreement with that philosophy should be here. Right?