Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 659.03

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Nov 21 4:00 PM EST

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To: Patrick Slevin who wrote (11592)	10/21/2010 2:26:51 PM
From: Chip McVickar	Read Replies (1) of 219212

Hello Patrick... Very Very Nice to get'a post from you...!!! Lucky Hedge Fund that talked you back into a trading chair. Must be kinda fun moving around big money again... No ones called me yet... <smile>... not surprising I'm neither a pro... nor Irish. Is that Larry Williams techniques or Bill Williams with Profitunity your trading? I've looked at Bill and Larry's work... now working with Connie Brown's technical studies... her books are required reading for the level 3 CMT exams. -------------- Looking for topping formation ± 3 days either side of October 28th in Gold, Silver, and the Platinum/Palladium complex Was long gold from 725 and sold at about 1250... after it's 1.618 extension... turns out that was way early. -------------- Long stocks from march/april 09... but after the trade came close to closing the gaps left by the banking collapse... and stocks came close to their 1.618 extension at 1125... I cut back to about 25% long, but again early... Stayed out of stocks, but haven't missed much long-term appreciation with the recent coil... but the july low at 1010 now looks better and better especially after the test at 1040 Now waiting for another long-term Bull entry in the period between Oct and mid Nov... Yes, the Oct the market plowed through a series of reversal dates in the last 6 months... and I was also impressed by the fact the market hasn't cracked... need to go back and study all the charts out of 666 low. I suspect the Nasdaq will be the winner going forward. My Very Best to You… Chip

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