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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (17204)8/27/2015 12:32:32 AM
From: John Pitera1 Recommendation

Recommended By
mary-ally-smith

  Respond to of 33421
 
You make a very valid point OX..... an excellent post from ryanaka over on Don's thread.... just had to borrow it....


to get above 161.8% ceiling and prove that the current time is the epicenter of primary wave 3 we really need qe4. the market until now correlates very well with the qe cycle. everytime the qe stops it either goes sideways or corrects, like oct'14 and now (saw the data, but can't find it). the chart below is until nov'13, but it shows we do need qe in order not to fall into abyss. yellen not only needs to announce that she won't raise rate this year, but she should strongly hint that she will do qe4 if necessary.

Report TOU ViolationTechnology Stocks & Market Talk With Don Wolanchuk Message Board - Msg: 30204965
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    To: The Ox who wrote (17204)8/27/2015 8:59:05 AM
    From: Fintas1 Recommendation

    Recommended By
    toccodolce

      Read Replies (2) | Respond to of 33421
     
    It's apparent to me you have never built a large scale project that requires a beginning..and an end and the many steps to completion from mobilzaiton to de mobilization.

    Some projects are on going and have many steps.

    So to answer you a bit more clearly and in which you will consider conversing with me futile.

    A: I have NEVER given up on LONG TERM UPSIDE.

    B: Nor do I ignore a shift in a stage to allow for downside.

    So it doesn't matter if the price drops under that red line to me. In the long term 486/972/1458/1944/2430/2916 remains. I've long stated it.

    You don't accept it. Not my concern.

    My concern is to see a PEAK of GOLD in the 1900.. present the down to 1174 as safe while still seeing 3000 GOLD LONG TERM.

    U stated you didn't see the 1500's.

    I just presented how it can happen.

    BUT WTF.. You didn't see 29.16 VIX let alone 53.

    Perhaps you might want to keep an open mind cuz it's apparent to me.. you don't understand my work.

    Finally, I won't get into the back and forth with you.

    You are on record saying SPX 2500 is possible for 2015.

    I am on record it is not.

    Just as you were on record VIX 8 was possible for 2015 and I am on record it is NOT.

    VIX at 30 ish. Downside 21/19 or 16.48?

    We shall see

    Fintas