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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: zman69 who wrote (178)10/16/2013 3:48:27 PM
From: Nihontochicken  Read Replies (1) | Respond to of 15903
 
Not sure, zman, whether you are just making a general statement or instead addressing me in particular. If the latter, note I only posted twice on the humble forum, both on 9/23 and both addressed specifically to you. I've since dropped that forum from my index. I've never posted on the Valence forum, and am about to drop review of that one as well.

So, back to real business, how imminent and steep the coming $SPX drop? My chart indicates that with the standard BBs curving around and starting to contract, onward and upward is currently off the table for the short term, and price will be contained within the converging BBs until they begin to diverge again. So what now, some sideways action with a tight BB pinch, or a quick plunge with a loose pinch (and much tougher to trade)?

stockcharts.com



To: zman69 who wrote (178)10/16/2013 3:48:35 PM
From: Fintas2 Recommendations

Recommended By
penthouse mike
toccodolce

  Respond to of 15903
 
Agree.

Yet more importantly what are they going to say when ms spx turns over and heads to 1400's. You were lucky?

AGAIN?

Problem is when someone can hit a number again and again and again and do so with the timing you have and do it many many months ahead and post it to capture it. THAT'S NOT LUCK.

That's skill.

So soon we will see the rational that is given by those taking cheap shots when your downside is hit.

Fintas



To: zman69 who wrote (178)10/16/2013 4:51:05 PM
From: penthouse mike3 Recommendations

Recommended By
Fintas
toccodolce
zman69

  Read Replies (3) | Respond to of 15903
 
Zman,

Keep up your great posts as your track record speaks for itself and don't worry about justifying your work to your critics.