Dear Readers, NASDAQ remains on the buy and the SPX is on the sell. How about that for confusion. The summation line is suggesting there could be some more days up before another sell signals from it. Yeah, Just watch YEN my friend and if what YEN does jives with what GAGES say you are golden. Putting this all together I cam up with the title, which was theses Yesterday ( for today ) as well. Nothing new on Currencies GOLD as what was said couple days ago seems to be GOLDEN.
Good Trading
Good Trading
11 comments:
Boris,
good morning, want to go short and stay short with a portion of $- do you think that would be wise?
thanx
old john
Dear John,
Good Morning,
Go short what? You are not trading futures right?
I ghink that market may open down and perhaps move hither immediately, we shell see what develops till then in YEN.
Good Trading
Boris,
thanx, no i am not trading futures. what i wish to do is break up my capital into 2 parts. part #1 to go short until the yellow brick road ends in the next w10 days. part #2 is to follow the limits daily. sound reasonable?
old john
Dear Jon,
I do not think following the ROADMAP, "BLINDLY" is a good idea, but following it with combination of limits going where we thing the ROADMAP is going is a good IDEA.
This means that I would not dedicate any money to RODMAP, but As I trade daily, I would take the ROADMAP into account. Like we have been doing all along.
If we want to sell ( other conditions look good) than we know that we have the blesiing of the ROADMAP. that is the idea.
Good Trading
Boris,
thanx for the advice. will do.
old john
been following the limits and have done ok, i usually pull the trigger too early but that is a mistake i can overcome.
old john
Dear John, that is part of being a bit edgy that we do not lose the bus. Let it happen. You k,now another one is coming.
Never chace the trade and never try to premeditate the trade. Let it come and then you step up. Just like a bus ( really)
GOod Trading
Boris,
thanx again,
old john
Boris and all,
Studying the various pivots and trendlines, I am coming to the notion that we possibly will hit the old lows of 8/16/07 on or about 11/29/07 +/- 1 day..Later I will offer charts that indicate this idea...(unless the market changes my mind, of course!)
Good trading...
Mark Lytle
Good morning Boris/all,
Elliot wave agrees with your thoughts (down early up later).
Yesterday the Bank sector finished a wave 4 so it needs to put in some sort of wave 5.
The techs (aapl,goog,rimm) seem to be putting in a three wave counter rally since tuesday with wave B having been completed also yesterday. If wave A = C then we will get a big pop today.
Mark P
Mark P, Mark L,
Dear Friends. Thanks for bringing the ELLIOT and other views to this blog.
Our Readers, including me appreciate.
Good Trading
Hi Boris,
Your very welcome... Thanks for providing this blog and all of the good work you do!
Sometime I'd like to ask you what your feelings are about David Deutsch's works on Quantum Computing, and his ideas on the Multiverse..
regards,
Mark L.
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