Financial history doesn't repeat itself, but it often rhymes.
You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
Sentiment read: Not sure how you would interpret this. A story from yahoo finance where Aaron Task interviews a TA guy who is loking for 950-- like all TA guys, he doesn't say we'll get there, only that he is "looking at it."
http://tinyurl.com/l94qvb
The comments are replete with 80% of responders saying the mkt's going down, 19% mkt is staying even and 1% about Whacko Jacko. No bulls.
It occurs to me that the 3-push formation is really just another way of saying a 1-2-3-4-5 Elliot wave... which is exactly what we had yesterday and the HOD was the end of wave 5, followed by a-b-c correction.
Looking at slightly larger cycle, starting Tues AM open, we are near the end of a wave 4 and looking to start a wave 5 as the 3rd push... maybe to 92.5?
Tomfoolery? You think Michael gave Farrah the HPV that caused her anal cancer?
ReplyDeleteSpeaking of paranoia, now the WSJ thinks the Treasury market is fixed.
ReplyDeletehttp://tinyurl.com/mw5hwq
I think Michael whacked himself, and it is like Elvis and somebody cleaned it all up...
ReplyDeleteor not WTF do I care...
Farrah died of anal Cancer...
I'm such an asshole, that I wasn't paying attention. I just figured Farrah was being dramatic... she is an actress... but now I feel bad.
I always hated Michael.... I was indifferent when he was black...
Fixed treasury market... isn't that what they say when it is a bottom....
Sentiment read: Not sure how you would interpret this. A story from yahoo finance where Aaron Task interviews a TA guy who is loking for 950-- like all TA guys, he doesn't say we'll get there, only that he is "looking at it."
ReplyDeletehttp://tinyurl.com/l94qvb
The comments are replete with 80% of responders saying the mkt's going down, 19% mkt is staying even and 1% about Whacko Jacko. No bulls.
I'm working on it objectively...
ReplyDeleteI'm going to do a post....
The only "Curiosity" will be if we get into the "Churn" where we go up for 3 days and down for 3 days...
that is the horror show....
don't doubt... this isn't going to be easy until E is over
It occurs to me that the 3-push formation is really just another way of saying a 1-2-3-4-5 Elliot wave... which is exactly what we had yesterday and the HOD was the end of wave 5, followed by a-b-c correction.
ReplyDeleteLooking at slightly larger cycle, starting Tues AM open, we are near the end of a wave 4 and looking to start a wave 5 as the 3rd push... maybe to 92.5?
you are starting to get that stuff...
ReplyDeleteof course unless it is a Bear flag..
which makes it an ABC correction
which plays out short at 90.75 or so...