Buy!! Market Bottomed on August 23

[us.thrive]

Following post was published on August 4, 2011

Inflection Point Model: PTP Campaign - Ep 1
Although anyone who had followed Understand, Survive and Thrive's Sell Call would have saved over 10% in less than 2 week, I myself did not anticipate such significant decline. This kind of severe sell-off begs the question whether we are approaching crash territory or are we near a bottom?

Inflection Point Model
In any case, our trades are governed by the Trading Algorithm, not by our opinion. In this regard, we re-ran the proprietary Inflection Point Model, to discern the next possible Stock Market Turn date (Pick the Turn Point). The program output is given below:

Analysis
According to the two models, the next turn date is scheduled for August 23, 2011 (+/- 4 days). Moreover, both models are showing a potential turn, thus amplifying turn possibility. To our amazement, the amplitude of the turn point is very high. In fact, this amplitude is comparable to the amplitude we saw at the March 2009 bottom. Hence, we might be in for a significant turn point. Interestingly, this time frame also coincides with "Options Expiration Week" and Federal Reserves' Jackson Hole summit, where FED last year announced QE2.


Check yourself out this interesting analysis technique.

 

[us.thrive]

As per Understand, Survive and Thrive's Trading Algorithm, markets are in the 3rd wave of a new Uptrend. Therefore, we are about to witness a very strong rally. Since next UST Inflection Point Model turn date is in September, upcoming rally can last for a good 3 weeks. Its a good thing that we went partially long on Friday.

Note: UST Inflection Point Model predicted the August 23 bottom on August 4.

Markets have so far held above the August 23, 2011 low, thus, clearing the path for a sustainable rally in the coming weeks. Furthermore, over the past 2 weeks market indices have carved out a very nice base formation. These formations can provide a very good rally launch pad. If we open strong tomorrow, it would suggest that we can raise the trailing stops to reduce the risk associated with the long positions.

 

[BeginnerJoe]

We are in bear market, I sell.

 

[dc2000]

We are in bear market, I sell.

funny that when we are in a Bull market I buy

 

[us.thrive]

Trading Algorithm Update has been posted at Understand, Survive and Thrive. This Algo got us out of the market on July 27 @ 1322 (SP500). It then predicted on August 4 that markets will bottom on August 23, 2011.

After one week of extra-ordinary market action, it is evident that the markets did bottom within the UST Inflection Point Model turn window. This observation in conjunction with the new found Wall of Worry, suggests that we might be in for a solid rally. With next Inflection Point Model turn date in September, we have a rally window of around 2/3 more weeks. Furthermore, recent market action in the financials and the small caps, is also very encouraging.

 

[Splitlink]

funny that when we are in a Bull market I buy

We are on a bank holiday. I wait .

 

[dc2000]

Trading Algorithm Update has been posted at Understand, Survive and Thrive. This Algo got us out of the market on July 27 @ 1322 (SP500). It then predicted on August 4 that markets will bottom on August 23, 2011.

After one week of extra-ordinary market action, it is evident that the markets did bottom within the UST Inflection Point Model turn window. This observation in conjunction with the new found Wall of Worry, suggests that we might be in for a solid rally. With next Inflection Point Model turn date in September, we have a rally window of around 2/3 more weeks. Furthermore, recent market action in the financials and the small caps, is also very encouraging.

A bold statement ofcourse if it turns out wrong then Im sure you will go on to the next forum
The DOW is currently 11575 BUY or SELL ??

 

[BeginnerJoe]

A bold statement ofcourse if it turns out wrong then Im sure you will go on to the next forum
The DOW is currently 11575 BUY or SELL ??

He can always come back on multinick.

I say sell. My gut algo says we are in bear market.

 

[dc2000]

my beerstand drive alive johnny five duck n dive algo says sell the close

Im lieing realy it was my goldfish

 

[us.thrive]

Detailed Risk Management and profit levels have been included in the Trading Algo Summary posted at the website. In any case, our first Profit Objective at 1216 was hit already.

Stop levels are SP500: 1170. Model is long since 1181.

 

[esscubed]

Detailed Risk Management and profit levels have been included in the Trading Algo Summary posted at the website. In any case, our first Profit Objective at 1216 was hit already.

Stop levels are SP500: 1170. Model is long since 1181.

I think we have a monkey and a typewriter... let me know when you start spewing shakespeare mate!

 

[us.thrive]

So far so good. UST Trading Algo went (1/2) long at 1165 and then full long at 1195 for a cost average of 1181. The markets are headed higher to our profit objective #2 - 1250. Overall we think that markets can continue to rally for the next 2 weeks. For detailed analysis visit: Understand, Survive and Thrive.

Before current trade UST Trading Algo was already up 7% in August.

 

[dc2000]

this algo are you sure its not just you trying to work the market out
how have you actualy traded this move?

 

[us.thrive]

Its a long story but in short in early August I decided to run a Pick the Turn Point Campaign to identify the possible bottom by using Understand, Survive and Thrive's following proprietary techniques:
1- Market Matrix
2- Market Barometer
3- Inflection Point Model
4- Elliott Wave - Structural Analysis

All of this analysis generates data which goes into the Trading Algorithm for Buy/Sell/Neutral signals.

 

[Splitlink]

this algo are you sure its not just you trying to work the market out
how have you actualy traded this move?

I went into UStech at 0800. It's after hours, with a spread of 3 points. It's trying to break yesterdy's high now. We'll see.

"Algo" in Spanish means "something", if that's any help

Still, I'm glad to see someone is interested in this index, apart from me.

 

[us.thrive]

Algo in English hopefully means Algorithm

 

[Splitlink]

On reading the thread more closely, I see that US thrive and USTech are two separate indices. I thought that I had a fellow companion, for a while!

 

[dc2000]

One day we will see a vendors site that will have a chart but instead of the green arrows at all the bottoms and the red arrows at all the tops
The red and green arrows will be in the middle of the moves and the vendor will simply say I lost here, I made money here here and here then went to the beach

Now thats the one to sign up to

 

[Splitlink]

Algo in English hopefully means Algorithm

"In mathematics and computer science, an algorithm i/ˈælɡərɪðəm/ is an effective method expressed as a finite list[1] of well-defined instructions[2] for calculating a function.[3] Algorithms are used for calculation, data processing, and automated reasoning. In simple words an algorithm is a step-by-step procedure for calculations."

I prefer the Spanish "something"

 

[Phantom666]

Algo in English hopefully means Algorithm

Sadly not. In England it is a slang expression (from the contraction of two words "AnaL GrOper") for a male homosexual. It is thought to derive from the fact that a male homosexual groper would likely target buttocks rather than breasts (the preferred groping target of the typical heterosexual groper) in any given groping situation. For example:

David: "Hey Jim, you'll never guess what Julian just did! He only went and felt my @rse!"

Jim: "Surely you're not surprised? Everyone knows he's a rampaging algo."