Poolman's Account Talk

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http://www.youtube.com/watch?v=JBcIemvpWI0&feature=sub

http://www.youtube.com/watch?v=XPZDCWN5e34&feature=sub


I'm going to post this again.

Are we in a New Bull Market OR Are we in a Cyclical Bull Market within an Overall Bear Market ?
If we are still in an Overall Bear Market
Look out Below.
Be Careful people ! :worried:


Prediction

http://2.bp.blogspot.com/_TwUS3GyHKs...600-h/week.png

http://danericselliottwaves.blogspot...l-p2-take.html
__________________________________________________ ____________________________

Result

http://i46.tinypic.com/2q2lf2u.jpg


http://danericselliottwaves.blogspot...5-january.html
 
poolman said:
http://www.youtube.com/watch?v=JBcIemvpWI0&feature=sub

http://www.youtube.com/watch?v=XPZDCWN5e34&feature=sub


I'm going to post this again.

Are we in a New Bull Market OR Are we in a Cyclical Bull Market within an Overall Bear Market ?
If we are still in an Overall Bear Market
Look out Below.
Be Careful people ! :worried:


Prediction

http://2.bp.blogspot.com/_TwUS3GyHKs...600-h/week.png

http://danericselliottwaves.blogspot...l-p2-take.html
__________________________________________________ ____________________________

Result

http://i46.tinypic.com/2q2lf2u.jpg


http://danericselliottwaves.blogspot...5-january.html
Click to expand...


What's your take on this Poolman? I'm surprised you haven't received more responses to this than you have. According to that chart, we're basically at the doorstep of that potential P3. I'm not familiar with P3 (at least not yet...) but the chart spells it out pretty clearly. Have you seen other predictions of this possibly happening?
 
Nordic said:
What's your take on this Poolman? I'm surprised you haven't received more responses to this than you have. According to that chart, we're basically at the doorstep of that potential P3. I'm not familiar with P3 (at least not yet...) but the chart spells it out pretty clearly. Have you seen other predictions of this possibly happening?
Click to expand...

Hi Nordic,

I am also somewhat surprised that I did not get more responses from this but that's OK. I spent Hours on Sunday trying to find this information and also interpret it. It was not easy to do. Remember that none of this absolutely means that it will come true but there is a High percentage that it will. As long as the Fed keeps buying, The markets will remain propped up. This will end soon though IMO. I try to be careful as not to tell anyone what to do with there money. My main objective is to put the information out there. I have gotten more Pm's than questions on the MB.

From what I can see if the P3 is coming we could get an absolute high on the S&P of 1228.74 but according to the chart P3 could come at anytime from where we are currently at.
http://i46.tinypic.com/2q2lf2u.jpg

I think it is funny that where we are right now on the s&p CNBC put warren buffett and bill gates on t.v. last night and Buffett is on CNBC this morning. This is the pump and you can bet CNBC knows where we are at on the charts. LOL

I got most of my information on this site below and mainly from the comments section under each individual day. There are some smart cookies out there. I am also reading that sometime this week to lookout for a 300 point drop on the DJIA.
http://danericselliottwaves.blogspot.com/

I wish I would have found the above site earlier than I did but I only found it this past Sunday.
 
With a high of 1228 I think alot of investors will use that as the reward vs. risk and back out to preservation as it becomes clearer. Of course that # is not absolute. The higher you are on the plus side of gains the more risk you can take.
There are those that would not mind seeing this as well. Long term, if timed properly, can improve share holdings. Of course this only helps people who have time on their side. Is devastating to those nearing retirement and the current economy as a whole.
I for one appreciate your dilligence to bring us solid insight. Thank You.
 
nasa1974 said:
Sure hope we do not see a 300 point drop in the DJIA all in one day. :(
Click to expand...

Nasa1974,

You know or I hope you know I wish you the Best of Luck.

I'm only calling it the way I see it. :)

WorkFE said:
With a high of 1228 I think allot of investors will use that as the reward vs. risk and back out to preservation as it becomes clearer. Of course that # is not absolute. The higher you are on the plus side of gains the more risk you can take.
There are those that would not mind seeing this as well. Long term, if timed properly, can improve share holdings. Of course this only helps people who have time on their side. Is devastating to those nearing retirement and the current economy as a whole.
I for one appreciate your diligence to bring us solid insight. Thank You.
Click to expand...

WorkFE,

Thank You for your appreciation. :) Some people are already this year in a position to stay in Equities. Congratulations to them. Once again the 2 IFT limit is Hindering me from doing what I want to do Trading Wise.

It appears that recently we are in a Trading Range of 125 dow points or 12 s&p points. Up Down Up Down etc...

I may take a shot at this today. I will make my decision by 11:45 a.m.
I would be happy with a 1 percent + for January.

Of Course if I go all in Today then Tomorrow we will dip another 100 points. :mad:

Back to Analysis I go..
 
poolman said:
Nasa1974,

You know or I hope you know I wish you the Best of Luck.

I'm only calling it the way I see it. :) QUOTE]

Thank you.
I respect your comments and analysis. I also appreciate the time you spend posting all the videos. You are one of the accounts I make sure I cruise through daily.
All I was trying to say is that if the Dow loses 300 points over a few days, panic doesn't set in. If the Dow starts to lose 300 points before noon then panic could set in and it might be a 500 or 600 loss.
Click to expand...
 
poolman said:
Nasa1974,

You know or I hope you know I wish you the Best of Luck.

I'm only calling it the way I see it. :) QUOTE]

If the Dow starts to lose 300 points before noon then panic could set in and it might be a 500 or 600 loss.
Click to expand...

That is how I am looking at it as well. Would be a shame to sell on what could be a 2-300 down day only to get it back tomorrow and be sidelined. Better than the losses from a panic sell off the rest of the week I guess. Which way do I go.:worried:
 
nasa1974 said:
poolman said:
Nasa1974,

You know or I hope you know I wish you the Best of Luck.

I'm only calling it the way I see it. :) QUOTE]

Thank you.
I respect your comments and analysis. I also appreciate the time you spend posting all the videos. You are one of the accounts I make sure I cruise through daily.
All I was trying to say is that if the Dow loses 300 points over a few days, panic doesn't set in. If the Dow starts to lose 300 points before noon then panic could set in and it might be a 500 or 600 loss.
Click to expand...

No Problem Nasa,

I didn't take it the wrong way. I wish nothing Bad on Anyone. I also agree with your statement.

"If the Dow starts to lose 300 points before noon then panic could set in and it might be a 500 or 600 loss."
Click to expand...
 
Boy Wouldn't this be a great day to go all in If we knew the market's would be up this much tomorrow. Market's biggest drop this year.

Pivot point of 1133 on the S&P 500 is broken as of right now.
Dollar Up
Gold Down
Vix Up
Oil Down
Earnings not that great and Company's beating still lose for the most part after hours and into the next day.
China sending out mixed signals.

Looks like we may get that 300 point drop today.

P3 Might be Here !

:confused:
 
Last edited:
No Change for me today. Staying 100% -G

If we do not Hold or stay above the Pivot Point of 1133 s&p

I see us dropping further to the 1112 - 1113 level. I am not going

to chance/risk this.

I also think we may see a 300 point down day today. JMO
 
Ok, I was actually hoping for a Bigger SellOff than we got today. Now we need to see if we get confirmation on this move down today tomorrow. Let's get to some TA..

Where is Birchtree today ? Oh that's right the Market's where down.. ha ha ha...

http://www.youtube.com/watch?v=jyo3h-yyMls&feature=sub

http://www.youtube.com/watch?v=OPyDO02HU3E&feature=sub

http://www.youtube.com/watch?v=ti3qQRsl_Nw&feature=sub

http://www.youtube.com/watch?v=es9UYPHvNY4&feature=sub

http://www.youtube.com/watch?v=yxaE7XT6PMY&feature=sub
 
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