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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (22226)	1/9/2016 5:42:16 PM
From: POKERSAM	Respond to of 41410

I notice that bear didn't mention the perma bulls he has dined on this past week. I imagine they are pretty old and tough. I don't know when the permas will learn that the market has two sides. A chart of the Dow from 1871 shows the super long term trend is up. Of course there have been lots of times it has lost 50% of its value in bear markets as it has gone up. I had a moron call me a flip flopper. He is exactly right. I flip when the market flips and flop when the market flops. I am not a perma anything and I'm not emotionally locked into anything. I don't care if the market goes up or down, I just want to be on the right side of it. Back when the market was topping, the only question I had was whether the top was 2134 or 2132. That ending diagonal was a little tricky. At that point the perma bulls were screaming about the sky and going to the moon and a once in a lifetime bull move. Sorry, it was correction time and I called it. LOL The question since then has been how deep would it go and what pattern would it take. Many came to agree it was a wave four. The most common pattern for a wave four is a flat. It appears that is what this four will be. If this correction is more than that we will know it and I will be long when it happens because the market will be going up when the bear signal is given.. Then you know what I will do? I will do a big flip flop and start growling again. lol In the mean time I think we will move up and down and up and down between approx 1980 and about 1880. We have an Intermediate and Minor four to work off. So I have some flip flopping to do, LOL Just rambling. I hear football calling me. Enjoy your weekend.