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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (88095)6/18/2009 9:50:56 AM
From: scotty-d  Read Replies (1) | Respond to of 94695
 
morning GZ...I'm trading my own home grown system..It's a moon cycle/ candlestick combo...It's pretty simple, I look for certain candlestick patterns during new, full, quarter moons...Just recently I had a "sure" Dow sell, several doji's then a quater moon to time the decline.



To: GROUND ZERO™ who wrote (88095)6/19/2009 6:12:37 AM
From: Gary105  Read Replies (2) | Respond to of 94695
 
Thanks GZ. FWIW he's taking a contrarian approach saying deflation will prevail taking stocks and commodities way down by end of this year or early next. Personally I think markets will ultimately fill gaps (2500s for the Dow, 11's for RSX, etc) but am not sure whether it will be in this business cycle or next (ie years from now). I took a lot (at least for me) of money/profit off the table yesterday in oil drillers.
BWDIK