The home of the innovation of the Logarithm of Time as applied to the Markets. We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Saturday, September 19, 2009
Some market technicians possibly calling a top here...
I know that Steve Hochberg at Elliott Wave International is calling a top near here,
and here are two other sites talking about tops:
http://www.safehaven.com/article-14518.htm
http://www.marketoracle.co.uk/Article13552.html
The second guy is using Fibonacci Time ratios, which are occasional useful, but I have found them too infrequently to be generally usable. They can work, however.
My trendline work suggests that both the $NDX and the $SPX have the right characteristics by my system to be at a top, we'll see what Monday brings....
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1 comment:
still check you everyday---you always have something of interest
I loaded up with SRS Friday
as always good luck
lag
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