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jimkane
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Posts: 33,089
I'll start the topic for this week with this:

http://www.zerohedge.com/news/2013-04-12/eight-wtf-divergences

I'm expecting some great action, and always on the lookout for the 'top' to be in place. Here, early summer in the 1600's, year end at 2000, who knows. But I suspect it will be one of them. Maybe not. I'll just be reading the clues and finding the setups. That's what I do best, I think...
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jimkane
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Posts: 33,089
They just never give me what I want like that.
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jimkane
Rep: 3,058
Posts: 33,089
Interesting. It sure doesn't speak for a pop into the close.

http://www.zerohedge.com/news/2013-04-19/what-going-us-equity-markets-today
JI
jimkane
Rep: 3,058
Posts: 33,089
So, cash closes right at the key area, then after cash blows it out to the upside? Or a gap up Sunday? I'm still hoping to see those lower levels I posted at some point...
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jimkane
Rep: 3,058
Posts: 33,089
All our lives we worked hard and 'did the right thing', and when this goes, all our FDIC insured deposits will go to zero, or essentially zero, I believe.

http://www.zerohedge.com/news/2013-04-19/fed-governor-stein-warns-when-tbtf-bank-fails-depositors-will-be-cyprused
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jimkane
Rep: 3,058
Posts: 33,089
Just like I have my three 'heroes' of the economy, this guy is one of my most hated. Funny stuff.

http://www.zerohedge.com/contributed/2013-04-19/message-mr-krugman
RO
roofer
Rep: 3,689
Posts: 3,574
though the charts look correct and time was ideal, and the abcd retest was spot on for entry... the lack of follow thru was not there...is there another push to higher fib?
Click image for original size

Click image for original size
RO
roofer
Rep: 3,689
Posts: 3,574
F- follow up

took portion off at line/ stop at entry

if the blue abcd was THE correction, then price should stop at pink arrow

if correction is full 3-3-5, then target is the 1.46

best i can do for IN ADVANCE
RO
roofer
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Posts: 3,574
Click image for original size
RO
roofer
Rep: 3,689
Posts: 3,574
OFF TOPIC-since 1988, in 22 of the 24 springs, i have had crippling back blowouts where i can not walk for a few weeks( in one of the two that it did not happen, i broke my back!)always in the first cold spell after the first warm up.... that is tomorrow...i shall see.....
JI
jimkane
Rep: 3,058
Posts: 33,089
Thanks, roofer. What I have been saying by 'in advance' in here is posting a setup area before it hits, and then hopefully following up upon entry with stop placement, and then outcome, winners and losers. This is what I think would help the readers of this forum the most. This comment is not directed at roofer, it's an across the board comment/request for everyone. Showing setups before they hit and then providing 'real-time' follow up for stop placement, stop outs, etc., that's what we lack in here i.e. live trade sequences. Anyway, that's what I mean when I harp on 'in advance'.


Originally posted by roofer

F- follow up

took portion off at line/ stop at entry

if the blue abcd was THE correction, then price should stop at pink arrow

if correction is full 3-3-5, then target is the 1.46

best i can do for IN ADVANCE
RA
rat89
Rep: 0
Posts: 7,015
Let's hope it is different this time!

Originally posted by roofer

OFF TOPIC-since 1988, in 22 of the 24 springs, i have had crippling back blowouts where i can not walk for a few weeks( in one of the two that it did not happen, i broke my back!)always in the first cold spell after the first warm up.... that is tomorrow...i shall see.....