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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: fred woodall who wrote (9605)	9/8/2010 1:03:27 PM
From: TraderMann	Respond to of 218639

I know u did not ask me, but may I make some comments, if not, please respectively disregard. One big one is a big divergence in MACd and market is doing very short term topping with due respect to wave structures (EW and Fibs). The max pain for Options exp. is around the 1050 (no typo), history on this proves strong on max pain ending price. I look at about 20 technicals in my trading. The drop will start by early next week, if not today moving into exp and this is my humble opinion. Many disagree with this analysis. GZ still has a BUY signal still flashing, but with GZ's experience I think he would agree that you can have pullbacks while still having a BUY signal (a buy signal does not mean straight up w/ no pullbacks). GZ, if I am wrong about my assumptions on your buy signal (model) please let me know and I will respectively stand corrected... I am adding again to my Short positions. With stop at 1107.

To: fred woodall who wrote (9605)	9/8/2010 2:01:38 PM
From: Chip McVickar	Respond to of 218639

fred... like tradermann there are about 20-25 technical’s that I follow regularly.... everything from various fib combinations… to individual bar patterns… to andrews pitchforks… to RSI and MACD… astro patterns… dons clx… to material that has been specifically developed by me... like the cycles within the 25 day cumulative sum of the nyse’s new highs/new lows..., and these signals create a method or system that produces tradeable and successful entries and exits... over time and with patience they do allow for a gut felling that's supported by the method or system you've learned to employ. I'm a big proponent of Connie Brown chip Message 26806154