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

To: gold$10k who wrote (213)	10/17/2013 4:57:30 PM
From: zman69	Read Replies (1) \| Respond to of 15903

Nice chart gold$10k! That Ending Diagonal for SPX is pretty much the only option left to preserve the Zman top as under that scenario you should see the Dow fail to exceed it's 9/19 Zman top. This is important because the Lindsay TA I used to derive the Zman top date was intended to only be used for the Dow, but I assumed that Dow and SPX would move in tandem which in this case is a pretty close match but can allow for a slighlty higher high for SPX while Dow diverges with a lower high. Unfortunately for bears, "Ending Diagonal" patterns have had more of a tendency to be bear traps throughout this bull market since 2009, so I am not going to be aggressive on the short side here unless/until I see some heavy selling pressure and rejection back below 1730. At the same time the Ending Diagonal for SPX will be invalid above 1749 and/or the Zman top will be invalid if the Dow exceeds it's 9/19 top, so there is no need to go long here unless/until either of those are violated to the upside. So let's just keep it tight for the next couple days to see how this is going to play out.

To: gold$10k who wrote (213)	10/17/2013 5:11:43 PM
From: Fintas	2 Recommendations Recommended By toccodolce zman69 Read Replies (1) \| Respond to of 15903

Zman and Gold If you take a look at a similar chart using Decision point and use the PMO and then sit back and consider what's coming up and down.. It will not take much as one ponders what's going on with that PMO along with my view re 108 value box to understand why one shoud be careful re the long side. I recently put up a range re %. Meaning I've already considered the up so I can see the down. It's there for those who use Decision point to see. So far HO HUM. I never concern myself with the expected...ZZZZZZ It's the unexpected. The unexpected IS coming. When it happens it's going to give the bulls who are not prepared heart burn and then some. Nice chart Gold10k. You, Zman and others here will help many see things objectively. Fintas