ebbnflow's Account Talk

[airlift]

Thanks.

 

[USNAVYRETIRED]

Beavis... Thanks!

 

[ebbnflow]

This bounce on the I-fund has gone on for three consecutive days already. Bounce got legs? :blink:

 

[tsptalk]

This bounce on the I-fund has gone on for three consecutive days already. Bounce got legs? :blink:

This rally has been a 47% retracement of the drop so far. 50% is typical. We'll see if it can do better or not.

 

[ebbnflow]

Can't wait to find out!

 

[fabijo]

Ebb, your updated chart has been uploaded!

 

[ebbnflow]

Thanks, fabijo!

 

[tsptalk]

This rally has been a 47% retracement of the drop so far. 50% is typical. We'll see if it can do better or not.

That wasn't right. I did it again and now actually come up with this rally being 38.2% retracement (to Thursday's high) of the drop. That's an important retracement figure.

 

[airlift]

Tom,
Are you refering to retracement under Fibonacci/Gann or Elliot wave trading theory sequences?

That wasn't right. I did it again and now actually come up with this rally being 38.2% retracement (to Thursday's high) of the drop. That's an important retracement figure.

 

[airlift]

Sorry that I hadn't yet read the explanation in your daily commentary before I asked this question.

Tom,
Are you refering to retracement under Fibonacci/Gann or Elliot wave trading theory sequences?

 

[airlift]

Ebb,
I repeated the post below for the benefit of some people who don't read all of the threads. Reason, perhaps a discussion could be useful.

Re: 350Z's 2007 I Fund Thread
I don't know the right answer, but an analysis here could help make a choice. Apparently, in a strong runup or downturn, the FV seems to be delayed or forestalled for the next day. Is it correct to say that there was no FV applied yesterday? Well, assuming that Europe and Asia find inspiration to continue rising based on good economic numbers from the U.S., then the rally could continue further. Please take a look at Tom's post in Ebbnflow's account talk thread. Interesting to read Tom's conclusion to the effect that:

"That wasn't right. I did it again and now actually come up with this rally being 38.2% retracement (to Thursday's high) of the drop. That's an important retracement figure."

Tom was refering to Fibonacci retracement theory regarding the S&P 500 (as per his daily commentary). Assuming again, that Ebbnflow keeps making inroads, the next Fibonacci retracement level would be 50% retracement in the S&P500, whcich would be met at 1418. This is risky trading, but we are adults, and a discussion should be forthcoming. Good luck to all!

 

[airlift]

I don't know if we are feeding info on each other, but I went 50S, 50I COB today. Some others like Beavis and RunningFool preceded me. This is consistent with the cross-checking rules Ebbnflow posted. I really hope we are right! Good luck to all.

 

[merlin]

Ebbnflow,

When will the next chart be available..

 

[ebbnflow]

Merlin, the next ebbchart update should be on Monday. You can always find it on the first post of this thread:

http://www.tsptalk.com/mb/showthread.php?t=4100

 

[ebbnflow]

I don't know if we are feeding info on each other, but I went 50S, 50I COB today. Some others like Beavis and RunningFool preceded me. This is consistent with the cross-checking rules Ebbnflow posted. I really hope we are right! Good luck to all.

Sponsor, does this mean you missed today's gains on the I-fund (+.03 cents)? Good thing it's not much, or you'd be kicking yourself. :cheesy:

 

[merlin]

I really appreciate your efforts. All of us know it quite a bit of work.

Thanks

 

[airlift]

Ebb,
I did miss out on the I fund today, because yesterday I went partially defensive into G and C for today. Nothing I can do now that I still have cold feet, so let's hope the tracker holds up! Frankly, I got cold feet yesterday and still have them (guess is the weather). Today, however, I went 50S, 50I.

Sponsor, does this mean you missed today's gains on the I-fund (+.03 cents)? Good thing it's not much, or you'd be kicking yourself. :cheesy:

 

[ebbnflow]

Wow, I just saw EWGuy's Weekly Tracker, and I moved up! I believe only eleven members are still ahead of me (+3.24%).

From Stalag 10 (bottom) to the penthouse on Rokid's Tally in two weeks. :nuts:

 

[airlift]

Congratulations Ebb,

Please keep the ebbtracker's tracks and wheels well-oiled, and keep the engine properly tuned, so that it doesn't mind the additional weight it has to pull since I hitched my cart on to it. It's a long ride! Good luck!

 

[wht00ss]

Just checked out your ebbtracker. Good calls.

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