| StockFetcher Forums · General Discussion · Can anyone tell me how he knew ... ? | << 1 2 3 4 >>Post Follow-up |
| karennma 8,057 posts msg #57078 - Ignore karennma |
11/28/2007 11:33:33 AM How did M4M know this was only a correction and not a reversal? When he said "this is rockbottom", how did he know the market was not going to go lower? |
| curmudgeon 103 posts msg #57083 - Ignore curmudgeon |
11/28/2007 12:31:25 PM DJ Transports indicate the bull may be tired. Banks don't even trust each other overnight. Where's the catalyst? |
| johnpaulca 12,036 posts msg #57085 - Ignore johnpaulca |
11/28/2007 12:50:43 PM Karen...I think it had something to do with the VIX reading . I recieved a 'buy" signal on the 23rd nov and a confirmation on the 25th using my hocus pocus moving average on the VIX. I use NeoTicker for charting and haven't figured how to post on SF. |
| karennma 8,057 posts msg #57094 - Ignore karennma |
11/28/2007 2:06:11 PM Yes, I know. M4M posted his VIX/NAZ overlay. But when I went to bigcharts, I couldn't reproduce what he was looking at. Anyway, ONE DAY .... the market isn't going to go back up. ONE DAY, the VIX will crash, and the market will go down, and it will keep going down. In the meantime, more power to M4M, who's making millions. He let us know everything ahead of time and I appreciate that. Eventho' he was right, I just couldn't pull the trigger on the longside ... BTW ... if you can post that overlay chart using Neotick .... maybe I'll be able to SEE what M4M was trying to show us. Or anyone else? I tried, but to no avail. Thanks. |
| karennma 8,057 posts msg #57096 - Ignore karennma |
11/28/2007 2:18:40 PM actually in a previous M4M post over the summer, he overlayed the qqqq w/ VIX. (not Naz) |
| petrolpeter 439 posts msg #57097 - Ignore petrolpeter |
11/28/2007 2:21:46 PM It's due to a combination of falling oil,Fed kissy-but rate cuts,short covering and having the market come down a 1000,thats all. |
| karennma 8,057 posts msg #57100 - Ignore karennma |
11/28/2007 2:58:05 PM I don't mean to be a wtich about this, but I've fooled around with the $VIX, QQQQ and Dow charts. Nothing converges. Nothing! I "see" nothing that warrants a HUGE RALLY such as what we've seen this week. Nothing! And how does M4M KNOW the QQQQ is going to 58? what freggin' indicator is that!!!? |
| karennma 8,057 posts msg #57101 - Ignore karennma |
11/28/2007 3:03:13 PM I'm starting to feel like jim cramer ... I SEE NOTHING! NOTHING DAMN IT! I SEE NOTHING! |
| karennma 8,057 posts msg #57102 - Ignore karennma |
11/28/2007 3:07:26 PM and ... searching the archives, M4M sez: rsi(2) on VIX < 10 But SF doesn't have a VIX indicator. I SEE N-O-T-H-I-N-G!! NOTHING!! |
| nikoschopen 2,824 posts msg #57105 - Ignore nikoschopen modified |
11/28/2007 3:32:57 PM Karen, haven't I already mentioned that the market will bottom once the S&P500 comes into contact with the trendline? Remember this chart? Well, duh! :^) 
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| StockFetcher Forums · General Discussion · Can anyone tell me how he knew ... ? | << 1 2 3 4 >>Post Follow-up |