M
malaguti
Well done guys - that's 11 of us who got the direction right when everyone is questioning "isn't it about time the Dow and S&P took a breather?"
Podium Winners are;
Silver taken by China Diapers
And me
Well done guys - that's 11 of us who got the direction right when everyone is questioning "isn't it about time the Dow and S&P took a breather?"
Podium Winners are;
Silver taken by China Diapers
1521 for me for next week.
Following system trend again rather than guess the turn. Rises running out of steam though. Some retrace inevitable after such a long run.
When, where I haven't a clue to be honest.
I've got direction right but no podium medals. Competition is getting so damn hard... Just thought I let you all know I'm really really upset
Good luck to you all never-the-less![]()
S&P showed off a ton of strength this week, are you impressed as I am at the rate we're approaching new highs?
I'm with you on the upside, not betting against all this steam.
My prediction for this week has to be 1,525. :clover:
Congratulations to the winners and Pat :clap:
I'll stick with 1526 again this week please.
Hmmm, this is going well. I hope you all realise that my objective in participating in this thread was - and remains - to make you lot look good!
1,490 for me please Atilla.
Tim.
Bound to get it right eventually I suppose as one struggles for the bear essentials.
There is the probability market will turn when Timsk decides to go long![]()
Hmmm, this is going well. I hope you all realise that my objective in participating in this thread was - and remains - to make you lot look good!
1,490 for me please Atilla.
Tim.
Cheers Pat & Atilla!
Interestingly (to me), I've recently subscribed to StockCharts.com which - like all such sites - has a members only area. In there, members can post blogs with charts and their analysis of the markets. It's mostly aimed at medium to long term equity traders and, as you'd expect, there's a fair amount of analysis of the major indices. The vast majority of them - as in 95%+ - remain bullish. That said, as here, there are warning signs (and plenty of 'em) that the current trend is reaching its peak and is unsustainable. The point being that I'm aware I'm being contrarian in my view and, certainly, I've been as happy to go long as I am short in my own personal intra day trading. But, for the purposes of this comp', it makes it more interesting (I hope) if there are are few people prepared to buck the trend and make a right tit of themselves!
:cheesy:
As I have a Phd in that particular subject, (making a tit of myself), it's easy peasy for me to be bearish week after week. However, a word of warning, when the downturn comes and I start to clean up, I'll stick with it until there's a clear indication of a resumption of the bull trend. At that point, I'll switch back to being long. So, don't think you can do well in this comp' by taking the opposite view to me: you have all been warned!
Tim.