Not even Nadine has seen this yet. She has no clue that it even exists. And dig this, she is a monthly timeframe investor of massive proportion. This gal can plunk down 100 million in one trade without batting an eye. I am showing it to her today as I myself only just saw it. Her Trend Stop is 232.01
In July 2007, I told her, "cash out now and prepare to go short" .................. Her exact words? "Joe you're f*****in crazy. Short this market? Are you insane? Its going to go for another decade at least, can't you see how rosy the Economy is?"
Nadine lost hundreds of millions because she froze and could not summon the action needed to bail. Then in December 2008 she came crying to me and said, "Sorry Joe, I apologize for being so mean to you, can you help me?"
Then she got even more pissed off with me when I said, "its too late to bail now. Suffer thru' another 90 million in losses and then put the rest of your ranch in it LONG" this time she would dare not cuss and swear at me and call me a fool, she had learned not to go against fibo - she learned the hard way at staggering cost.
The low came-d in on the March 6, 2009. When an internal 4th + Fibo + trendline on internal for the entire 5th wave weree took-ed out, I held her hand and walked her thru' 25 entrees over the next weeek.
Nadine cott the bottom of the BEAR at Fibo's direction. Her advisors at Goldman Sachs were telling her, "do not buy, instead, sell sell selll go short, bla bla bla"