MARY4MONEY
806 posts
msg #82401
- Ignore MARY4MONEY |
11/4/2009 7:47:52 AM
okay we have brokendown the weekly rsi-2 low bottom trend line calculated from using the 3-6 and 7-10 market bottoms-but we bottomed out yesterday at the dia qqqq and spy forming a 1 2 3 bottom like the previous 2 bottoms using the daily rsi-2- we have formed the first 2 peaks of the head and shoulder formation by formimg the left shoulder-the head --and we are just coming off ther bottom of the right shoulder- you use the ;left shoulder high as our next high on these indexes- and then wait for the indexes to break below the shoulder line which is the 11-2-09 low and the left shoulder s bottom -this will tell use if the market is going to fail-actually from a profit view point- i wish we could start over and over at our 3-6-09 bottom to catch these big moves again--
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karennma
8,057 posts
msg #82402
- Ignore karennma |
11/4/2009 7:55:46 AM
MARY4MONEY
- MARY4MONEY 11/4/2009 7:47:52 AM
- i wish we could start over and over at our 3-6-09 bottom to catch these big moves again--
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I WISH !
Lately, I've found myself "wishing" I could turn back the clock.
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tmanbone
124 posts
msg #82408
- Ignore tmanbone
modified |
11/4/2009 8:56:41 AM
107.35 on the SPY, M4M? is this your line of thinking? Can you elaborate on your definition of a 1, 2, 3 bottom? Thanks,
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heypa
283 posts
msg #82429
- Ignore heypa |
11/4/2009 1:26:50 PM
The market i likely to what the market is likely to do.
If you know what the market is likely to do more than 50% of the time you could easily be high on the Forbes list.
What's your ranking?
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