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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (430)5/9/2008 5:18:18 PM
From: Perspective  Respond to of 3209
 
IIF an interesting structure. Not sure if it's a valid Elliot pattern or not:



Backtested, perhaps ready for the middle of the move?

`BC



To: AllansAlias who wrote (430)5/9/2008 5:34:28 PM
From: Perspective  Respond to of 3209
 
Curious if you'd given any thought to how you'd play a potential China bubble bursting. I see most China charts sporting a nice impulsive halving, followed by a sharp three correction now:






`BC



To: AllansAlias who wrote (430)5/9/2008 5:37:02 PM
From: Perspective  Read Replies (1) | Respond to of 3209
 
There are just a TON of charts that either tested and failed to break above or broke back below 200DSMAs this week. I don't put a whole lot of significance on 200DSMAs since crosses tend to be very late wake-up calls, but there were a bunch. Something to keep in mind as you're perusing charts this weekend...

`BC



To: AllansAlias who wrote (430)5/9/2008 5:49:26 PM
From: Perspective  Respond to of 3209
 
Wonder if the obvious TL breach here should be taken advantage of:

finance.yahoo.com

I've got a position, but given the significance of that line, I suspect I should raise the stakes. I haven't needed to be in a hurry so far.

`BC