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.
Friday, October 1, 2010
Top not yet confirmed, but not ruled out either...
Indicators like MACD seem to be rolling over, but we haven't quite got confirmation yet...
3 comments:
Anonymous
said...
hey Mark,
Early this afternoon, I decided a close at or <1146 would make me smile and a close at or <1144 would make me joyous. Neither occurred.
While getting close to the "joyous" 1144 in the waning minutes, the SPY close at 114.61 even missed my happy face smile point. So, we're open to another step up on the ladder.
Here's what I think, not what I know. Managers' of passive money are putting that money in the market while manager money comes out. There needs to be a final rally so the managers can show their sheeple clients that all is well. Then it's over. This is how dumb money gets caught at the top.
Hope I'm wrong and it crashes Monday, but don't think it will. I wasn't given, per last post, a STRONG buy signal yet. :-)
Always good to see, this was really a brilliant post. In theory would like to be such a good writer too. It takes time to create that brilliant and additionally real effort to make a brilliant article.
3 comments:
hey Mark,
Early this afternoon, I decided a close at or <1146 would make me smile and a close at or <1144 would make me joyous. Neither occurred.
While getting close to the "joyous" 1144 in the waning minutes, the SPY close at 114.61 even missed my happy face smile point. So, we're open to another step up on the ladder.
Here's what I think, not what I know. Managers' of passive money are putting that money in the market while manager money comes out. There needs to be a final rally so the managers can show their sheeple clients that all is well. Then it's over. This is how dumb money gets caught at the top.
Hope I'm wrong and it crashes Monday, but don't think it will. I wasn't given, per last post, a STRONG buy signal yet. :-)
Regards,
Hi Anonymous,
You could be right...
Regards,
Mark
Always good to see, this was really a brilliant post. In theory would like to be such a good writer too. It takes time to create that brilliant and additionally real effort to make a brilliant article.
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