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Re: Major event

The_Technician said:
Several days ago I mentioned we had 10 days or so....that date was 11/2....even though I had numbers relating to today, I dismissed them due to the majority of dates being the other...the significance of this event is its a major event....all the little planets have lined up and they say WATCH IT!!!! Any thing could happen from this day forth.....being that the accumulation curves are going skyhigh, I would bet that they will be going the "utter" way......;)

Now thats one of my reputations there Schmuck and S......what about yours???? Go chase a cat.....


I want to add one thing, this event is considered more major than the event in May.....so I would expect a worse market reaction.....
Click to expand...

Market capitulates.....

Ooopps...I may have been one day off..... :blink:

The Crystal Ball rules...

Carnac
 
Show-me said:
I also agree, nothing to confirm it at this point. Only speculation.
Click to expand...

No speculation here....it started its capitulation...she's going down....how far, not too sure but odds are better than 30% its severe without any changes..... just guessimating..... of course how far also will depend on the actions of the economic factors for the next year.....

Add one thing, I see 15% clear sailing long term to the downside.....
 
The_Technician said:
No speculation here....it started its capitulation...she's going down....how far, not too sure but odds are better than 30% its severe without any changes..... just guessimating..... of course how far also will depend on the actions of the economic factors for the next year.....
Click to expand...

Techie all you ever do is speculate. You throw numbers around like you know something. If you know something, why do you always leave yourself an out? How about some facts? I would even take an educated guess. Stop spinning market conditions to make yourself seem better than the rest of us on this board. No one is ever gonna be right all the time.

Look above at your comments....It's all speculation.

Severe? Define severe. Someone could say 5% is severe. I could say severe is 50%. See my point?

without any changes? The market changes everyday, every minute.

Economic factors for next year? I thought we were talking about the current downturn (if this is a downturn). Now your talking about next year. I must have missed another post.
 
Techie all you ever do is speculate. You throw numbers around like you know something. If you know something, why do you always leave yourself an out?

You never know really what can happen, but this time its pretty definite.

How about some facts?

I've got 15% clear sailing down in the CSI.

I would even take an educated guess. Stop spinning market conditions to make yourself seem better than the rest of us on this board. No one is ever gonna be right all the time.

I'm trying hard to be right all the time....means alot of money ....

Look above at your comments....It's all speculation.

Not really...

Severe? Define severe. Someone could say 5% is severe. I could say severe is 50%. See my point?

It ain't your weekly in the channel drop.....anything past the mid term channels is a severe correction....

without any changes? The market changes everyday, every minute.

Economics is driven by rates, policies and so forth....no changes means without any changes in this area...

Economic factors for next year? I thought we were talking about the current downturn (if this is a downturn). Now your talking about next year. I must have missed another post.

Maybe you can be a little more perceptive.....????:D Considering everything that has been mentioned, Overall, what do you think I mean......?????

This is going the wrong way I can tell.....
 
The_Technician said:
No speculation here....it started its capitulation...she's going down....how far, not too sure but odds are better than 30% its severe without any changes..... just guessimating..... of course how far also will depend on the actions of the economic factors for the next year.....

Add one thing, I see 15% clear sailing long term to the downside.....
Click to expand...

Give me a time frame on long term. I'm slow. Are we talking about some good volatility, cuz I would like to see some deep peaks and valleys to play in.:nuts: Certain Tech. Indicators are turning down but again not confirmed yet. Real close but not yet.

Irregardless it is conjecture until confirmed. If your right, your right. Only time will tell and I ain't got no problem with that.:D
 
Show-me said:
Give me a time frame on long term. I'm slow. Are we talking about some good volatility, cuz I would like to see some deep peaks and valleys to play in.:nuts: Certain Tech. Indicators are turning down but again not confirmed yet. Real close but not yet.

Irregardless it is conjecture until confirmed. If your right, your right. Only time will tell and I ain't got no problem with that.:D
Click to expand...


Good chance one more bounce if the dip buyers come back tomorrow.

I do agree Show-me, we are very close but not yet confirmed. Some TA computer programs generated sell signals today in Tech land and small caps.
I was informed to short the QQQQ's at the close. I passed for now.

The DOW and S&P are still ok. The Bond Market thinks recession and the Stock Market thinks Soft Landing. I have no opinion for now. The Bond traders are a pretty smart bunch! We shall see.

If the Bond Traders are correct the Fed will have to cut rates to save what they screwed up by over tightening. However, the Bond traders could be wrong, and Birctree has it RIGHT, SIT TIGHT CAUSE IT'S TO THE MOON! DOW 36000.
 
Show-me said:
Give me a time frame on long term. I'm slow. Are we talking about some good volatility, cuz I would like to see some deep peaks and valleys to play in.:nuts: Certain Tech. Indicators are turning down but again not confirmed yet. Real close but not yet.

Irregardless it is conjecture until confirmed. If your right, your right. Only time will tell and I ain't got no problem with that.:D
Click to expand...

Some would say "that confirmation is when it finally happens....and then its too late for you to do anything about it".....what kind of indicators do you use????.....my confirmation has already happened.
 
The_Technician said:
Some would say "that confirmation is when it finally happens....and then its too late for you to do anything about it".....what kind of indicators do you use????.....my confirmation has already happened.
Click to expand...

I am strictly using chart trends, Simple Moving Averages, and a basket of Technical Indicators. MACD, StowSto, RSI, %R, MoneyFlow, etc. Some are getting dangerously close to the trigger point so I am hovering over the eject. Hoping to get a relief rally today or tomorrow and then I bail to G fund. Let's not forget luck, instinct, gut feeling, panic, worry, and nerves.
 
Show-me said:
Let's not forget luck, instinct, gut feeling, panic, worry, and nerves.
Click to expand...

This is a combination that will make you old before your time. I am all sympathy cuz I'm in the same boat. I sit in G and jump for a day or two to catch a bounce - those are sleepless days. Like you, I long for a fast, deep correction that bottoms in a recognizable way so I can just park it all and forget it.
 
The_Technician said:
I fund is zippo this morning.....EZ is holding but could turn down quickly .....dollar lost value helping out.....
Click to expand...

My fears answered....I fund went up +1 penny and now has made the head turn to 5 cents down.....EZ is scar'd...now I'm just waiting for the reason for the dollar to strengthened.....but it doesn't have to for a declining I fund.....
 
I's down 10 cents.....S&P could go as low as 1200.....

Scotty to Kirk:"She's a bit overloaded captain.....shall we beam down the extra inventory????"

Lets get it over with please....
 
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