tag:blogger.com,1999:blog-547276048038789798.post7460212807900075313..comments2024-02-26T10:14:10.039-08:00Comments on Deflation Land: Eerie similarity between the 2007 top and nowchristiangustafsonhttp://www.blogger.com/profile/07216348353801614419noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-547276048038789798.post-20247547051093739732014-10-20T11:29:06.931-07:002014-10-20T11:29:06.931-07:00Numbers shifted slightly, but if we can maintain a...Numbers shifted slightly, but if we can maintain above 1895.50, then I would feel comfortable about continuation. And I would likely add to my long position; but won't make a decision until 3'ish.Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-9512063517606335052014-10-20T11:19:15.089-07:002014-10-20T11:19:15.089-07:00Cg your v bottomish h-s pattern appears to be brea...Cg your v bottomish h-s pattern appears to be breaking out now. Hopefully doesnt trap here.Bryan Francohttps://www.blogger.com/profile/13490480303778800074noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-45506386402214851432014-10-20T07:34:23.368-07:002014-10-20T07:34:23.368-07:00Darn I'm good. lol
Now let's get some co...Darn I'm good. lol<br /><br />Now let's get some confirmation. ;-)Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-57406412396109096792014-10-20T07:26:38.521-07:002014-10-20T07:26:38.521-07:00ZOMG you moved the markets!ZOMG you moved the markets!christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-82724376767849428802014-10-20T07:25:51.200-07:002014-10-20T07:25:51.200-07:00CG; it is certainly possible. I have my stops if ...CG; it is certainly possible. I have my stops if that were to happen, though if violent, I would be taken to the woodshed on my modest position. :-)<br /><br />As you know, until the first hour passes there really isn't much direction (unless it were a substantial move). And to me, not being a day trader, the last hour is the most important. ;-)<br /><br />And look at that, as I type. Now let's see if it can confirm.Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-64216764173197263202014-10-20T07:18:28.729-07:002014-10-20T07:18:28.729-07:00There is a school of thought out there that when w...There is a school of thought out there that when we reach the point of realization, this thing crashes so fast and furiously that even the most ardent bears are left watching, jaws agape.<br /><br />See <a href="http://www.zerohedge.com/news/2014-10-18/jim-chanos-lesson-shaped-my-understanding-how-fragile-system" rel="nofollow">the Jim Chanos post on ZeroHedge about the real meaning of systemic risk</a>.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-45190573850550678782014-10-20T07:15:49.922-07:002014-10-20T07:15:49.922-07:00Or we crash and fall apart, Phat.
I saw an intere...Or we crash and fall apart, Phat.<br /><br />I saw an interesting count over the weekend that had this as 1-2, 1-2. <br /><br />i.e. the 150 pt leg from 1970 down to 1820 was just another nested wave 1 ahead of something devastating.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-40700591850521470612014-10-20T07:12:02.413-07:002014-10-20T07:12:02.413-07:00Having quite some difficulty moving to the 1894.81...Having quite some difficulty moving to the 1894.81 level to reach that buy point. However, once through that, it should move on to T1, currently at 1933.18.<br /><br />Interestingly, the next set of numbers starting to form after this level is 1994.83. Hmmmm... But let's not get too far ahead. ;-)Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-30272692794841350142014-10-19T20:17:14.459-07:002014-10-19T20:17:14.459-07:00Swinging away like Ron Kittle ...
We are agreed o...Swinging away like Ron Kittle ...<br /><br />We are agreed on the need to get it over. McHugh has a "major" phi mate turn coming up -- his newsletter readers know when -- so maybe that will work.<br /><br />I hope we don't have to wait until the 11/20 "major" Bradley turn window.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-69686644983503114002014-10-19T17:45:32.226-07:002014-10-19T17:45:32.226-07:00Also, the first major trendline break is usually a...Also, the first major trendline break is usually a fake. Gosh, i hope we dont putz around for months. Just get it over with already.Bryan Francohttps://www.blogger.com/profile/13490480303778800074noreply@blogger.com