Recent content by r53715

Regarding topic, I just attempted to ask you a question about what the market was "telling you to do" and later attempted to respond to you, obviously not to your satisfaction. I have read your stuff on and off for 7 years. I have learned a lot from you and you have learned nothing from me...

I'd like to explain why likeliness of trend change is important to me. I can profitably predict trend reversal from a swing trade point of view over 75% of the time if the circumstances are right. I often but not always enter BEFORE price reverses. Given the current and infrequent constellation...

I was just responding to your point about highs. I tried to explain that higher highs does not necessarily have a bullish/continuation meaning. I don't accept your premise that the likeliness of trend continuation is moot. It is very relevant to me. Recently, I sold my long positions (after...

Sure. Just like late 2003/early 2004 and late 2004/early 2005. Price is obviously the most important element but as you know continuation of price trend may be likely, suspect or improbable depending on the setting. We will obviously know more when both seasonal strength ends and support gets...

The consumer just responded as expected to the Fed manipulation. The reverse will be true as the Fed takes it back. To me, the charts look ugly with negative divergences. However, these type of charts in November and December don't have the same bearish implications (statistically) compared...