the boys and girls at EWI are calling this mini 30 point pullback in the Dow as...
iv of (v) of ((v)) of 5 of Big (C).........so apparently only a few more trading hours and 50 points up from here the whole world comes to an end as far as equities are concerned..................
...which would coincide nicely with your (and my view) vis a vis eur/usd....
Of course, we do need to take that forecast with a good dose of salt as they have been calling/waiting/missing the top of this market for the last couple of months.
But I do believe that this time they stand more of a chance of getting on the right side of the trade given all the extreme readings I am seeing on the med and longer term indicators.
Guess we shall see on the morrow :-)
Mondays have been the best trading day of the last year for U.S equities. Buy on Friday and sell out on Monday nonetheless at the same time, Monday has been a reversal day for the bull markets and I feel the top is hit! Because, Books have been closed and now there is no real reason to push equities further until a good much need correction takes place.
Even when I am serious you guessed that I am covering my lower face with my hand to hide the pearly whites :-).
There have been some gems today. You and others have been on good form C.
I have been a bit busy but couldn't resist checking in to have a chuckle!
Hopefully we are near the end of this monotonous pre-amble to the next event. Your counts and those of the cohorts I see posting today are looking v interesting.
Hope you didnt get too much enjoyment out of today hehehe
Best regards as always
c-c
Originally Posted by c_cubed
Interestingly....
the boys and girls at EWI are calling this mini 30 point pullback in the Dow as...
iv of (v) of ((v)) of 5 of Big (C).........so apparently only a few more trading hours and 50 points up from here the whole world comes to an end as far as equities are concerned..................
...which would coincide nicely with your (and my view) vis a vis eur/usd....
Of course, we do need to take that forecast with a good dose of salt as they have been calling/waiting/missing the top of this market for the last couple of months.
But I do believe that this time they stand more of a chance of getting on the right side of the trade given all the extreme readings I am seeing on the med and longer term indicators.
Guess we shall see on the morrow :-)
All Colly's equities have turned to cash and GILTS except for some SERPS fund that sits in Framlington Health and Henderson Global Tech...
I hold my bearish view for the current trading term until further notice but see potentially a decent counter move at some stage... what may, in Equities and EW terms be wave B... I guess.
Out of all stocks and have been quietly buying short biased ETFs on s+p and eurostoxx the last few weeks as well as long vixs vol ETF and buying some currencies.
Originally Posted by Colly
All Colly's equities have turned to cash and GILTS except for some SERPS fund that sits in Framlington Health and Henderson Global Tech...
I hold my bearish view for the current trading term until further notice but see potentially a decent counter move at some stage... what may, in Equities and EW terms be wave B... I guess.
I had to look, I just had to. He is on my ignore list but I just had to look lol.
Hmmmm, I wonder how much money I can make before his prophecy comes true....
I'm smiling.... it must be alot
Ahhh yes, just a beautiful start to the new year... Keep on keepin on oh great and wise friend of mine. Keep on piping yourself and making sweet sweet love to that computer of yours!
Meanwhile, I'll be out there doing the exact opposite by actually living my life with friends and family, and maybe spending a whole hour per day for monetary gain. The best, or should I say the wiser among us already know the real values in life, I hope some day you will finally learn the truth my friend. Till then, enjoy the various ports of your PC.
Sincerely,
t3t4
Oh, P.S.
This time around, I'll remind you when my 1.4250 that I called 3 months in advance, the one you said couldn't happen but did, when it comes around again this time, look for my reminder.
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