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To: skinowski who wrote (29556)8/4/2018 10:55:51 AM
From: Robohogs  Read Replies (1) | Respond to of 41504
 
Lol. That is kinda my point in a way. Even of those who have bullish resolutions, most think we are in a 5th wave up with a big down due after. Avi. Caldaro. Most others. So sam may be wrong a bit, but the final IT top is probably not that far away, say 5-10%.



To: skinowski who wrote (29556)8/7/2018 7:56:20 AM
From: skinowski1 Recommendation

Recommended By
kimberley

  Read Replies (2) | Respond to of 41504
 
I think for as long as the ATH isn't taken out, there may be a possibility for a bearish resolution. W2 can't travel beyond the origin of W1.

Even if it does, it's not necessarily "clear sky". It's unlikely, but we could still get a pretty big "C" down. Think of the 2000 and 2007 bear markets - in miniature. Taking out the 2000 top was anything BUT a buy signal.
The ATH is under direct attack... we'll get the answer to this part soon, as it appears. Or not.

I think this game can be as simple - or as incredibly complex - as we make it. At this point, I'm looking for simple. The positive side of "simple" is in being [more] immune to the noise and the emotional pressures. OTOH, forget about making brilliant calls, taking out last ticks of tops and bottoms, etc.

I think the book by Ted Warren - recommended by Bob Furman - is having an influence on me. The man had wisdom. And that, IMO, is an edge that would not be easy to program into a computer. (Sorry for waxing philosophical this morning... -g).