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You know, I think at this point it almost doesn't even matter what happens. At this point I'm invested with 1/4 of my portfolio and secure 10% profit every $0.50 increment. It's a big risk but I chose to take it bcus they want ATHs for whatever reason. Well goodness gracious I don't mind what they want, I'm come along for the ride. Take a look at how the NYAD 5 min works. I've been using it for about a month now and buy and sell only when it goes into the red/green zones. At this point I've given up on charts/technical analysis bcus we both know the powers that be don't care, as evidenced by the algo buy programs running wild.
Yeah I saw their trickery develop on Friday with the market going down, but the NYAD 5 minute chart stayed positive. Good thing I bought calls at the end of day dip.
http://stockcharts.com/h-sc/ui?s=%24NYAD&p=5&b=3&g=0&id=p01210689113&listNum=1&a=430585403
I definitely see the warning sign on the 5 minute... This is one interesting chart!
This sounds much like the algo levels from dr b. I'm going to appreciate this pullback bcus that will restore some confidence in the PMO charts. I have to say, your 10 min OBV/Bb was great. Never have seen anything like it.
That would be much appreciated, thanks!
That was definitely a nice move down. Very nice chart!
I'd love to see it, and soon! This has to be close to the top here. The macd (3,4,0) setting I use on the NYSI chart is coming down to the 0 line ever so slowly. NYSI http://imgur.com/jhmThMC.png
I buy puts and calls on GLD. That's the only way I trade it.
I'll be watching gold today also. I wonder where gold is going. From all that I heard from Bo Polny he thinks it's due for a breakout. Time will tell. Speaking of something that is telling, what in the world is going on with BUYALLSPX and SPX?? http://imgur.com/lkgbuCx.png
Haha that's what I'm thinking... What good are technical indicators that lead you to believe a stock's direction is about to change, and the underlying completely ignores the indicator and continues making it's own path... I remember AlgoDoc said in one of his early audios that this is the reason why he doesn't have any faith in charts, only algo levels. If you examine everything he's stated he does make a very good point. They can take it up as easily as they bring it down. I do agree, the algo level on SPY is getting close to Dr B's extreme of 75. I think Nasdq is very close. 2 days ago he said Nasdq was at 71 and SPY was 68, so it has to be ready to short soon.
My phone likes to autocorrect my texts... has a habit of replacing, and or deleting words altogether.
You're exactly right... You gotta love this game. Dr B is seriously a money making machine, taking advantage of the hedge funds who were short at critical algo points. This is market is rigged perfectly for his team to consistent gains. I bought this dip at open on the oct 30 call option. Already up 50%. The Central Bank is a joke.
You can subscribe on the bottom half of his website, http://www.gold2020forecast.com
I have found his past predictions very accurate and was short the market since the July top and shorted again a few days before the August crash. Fortunately I was well positioned and profited greatly. I also use charts such as NYSI PMO and the SPXHILO to help me time the markets.
NYSI
http://stockcharts.com/h-sc/ui?s=$NYSI&p=D&b=2&g=0&id=p61714706338&a=428767880&listNum=1
PMO
http://stockcharts.com/h-sc/ui?s=!PMOBUYSPX&p=D&b=6&g=0&id=p56352082650&a=428067476&listNum=1
SPXHILO
http://stockcharts.com/h-sc/ui?s=%24SPXHILO&p=D&b=4&g=0&id=p31498287057&listNum=1&a=429680841
This is what I see going on.. Still waiting on macd(3,4,0) to get to the 0 line before I short again. From now on I'll continue buying dips at safe algo levels. We will only be safe to short when Dr B says algo is at 75.
NYSI chart http://imgur.com/XfFxKCf.png
For what it's worth AlgoDoc is right on everything here. This is all algos that control this, while traders use their emotion to judge the market. Trading on algo levels is the way to go it seems. I bought the dip but sold too soon. I rebought at a higher price but looks like this will go to 2100-2130 before it hits the algo extreme short of 75. It's currently at 68.
I hope so... I bought a small put position at 208 at nov 13 exp. inmate have to avg down of this spikes tmro. This is a very manipulated market. It seems nothing will take it down.
I normally only trade oil and spy. I think he has staff that monitor his emails. He says thank you to his staff sometimes and others that he'll talk about in some of his audios. I didn't go in on the RAD trade. The one that netted 42% yesterday. I don't have the time to do so much. I like focusing on a few good ones. He definitely is a type A personality that likes to do it all. I'm happy that he cares so much about ppl on his team and not just their money. He actually wants ppl to call him and talk to him. Can you believe that??
I had a smile on my face when I saw that the NYSI chart turned hollow red today! http://koersanalyse.blogspot.com/p/indicators-below-graph.html?m=1
Before finding AlgoDoc I used https://earningswhispers.com/pivots and still refer to it for all indices
It's working bcus you're a pro! Seriously loved the bounce on oil today.
Can't wait for $42.50. We'll then have a bounce, and possibly break through support and head to $40 very quickly.
NYSI chart's macd (3,4,0) is slowing coming down to the 0 line. Given this and the recent put/call ratio, with puts in the 200 area, I can definitely see an overdue pull back soon. Putcall ratio: http://m.imgur.com/DK88wrn.png
NYSI: http://stockcharts.com/h-sc/ui?s=$NYSI&p=D&b=2&g=0&id=p61714706338&a=428767880&listNum=1
I wonder if it's possible to get an algorithm system like Dr B has. Very powerful stuff.
Can't believe how easy it is to trade oil. $42.50 is the next support. Easy money.
This is why the stock is where it is. Such a shame. Could have been a $10 dollar stock.
The pictures are just too funny. I also hear the market will make new highs by year end, but Bo's predictions have been accurate for a while now. No one has a crystal ball, not Bo or even those who are calling for the market making new highs. Watch the videos in the link I sent.
This is a few short videos Bo has. You don't need to get the membership but I still believe a correction will happen. I'm treading lightly and only investing a small % of my account from this point forward, until Bo is proven wrong, which even Dr B agrees that SPY is headed lower. We need to wait and see... http://www.gold2020forecast.com
I also subscribe to Bo Polny, who every major low and high for SPY. He is predicting a 30% correction in Nov and another 40-50% in 2016.
Carl Icahn's fear that SPY may head lower can be supported by this 3 year negative divergence on the NYSI chart. Even with the recent drop that we had in August it never dipped near the trend line. http://imgur.com/QoujLLa.png
I watch a recap every day by this guy and think he provides a good breakdown. I think caution is definitely a good attitude to have in this market. Expecting a pull back soon as negative divergences have appeared.
http://stks.co/e2ikL
Something doesn't add up. The PMOBUYALL chart shows a sell signal but SPY keep going up. Can this be a negative divergence?
Go back to dates of SPY and NYSI chart.. This makes sense for why there is additional room to climb. I think we will climb to $210-14, the top of Algodoc's overbought extreme short level.
http://imgur.com/eRt9AXK.png
http://stockcharts.com/h-sc/ui?s=%24NYSI&p=D&b=2&g=0&id=p61714706338&listNum=1&a=428767880
AlgoDoc... Spx and Nasdaq algorithm reading same at 68, overbought but not algorithm extreme overbought Eem and china at 66 Multinationals earnings will dictate 2100 2132 extreme area Or 2000 1970 areas They report today and next 4 days 200 of them stay tuned.
The audio has him saying 2100 if earnings are good all season. It seems that a few good earnings will prop up the whole market. Kind of pathetic. I bought some calls at open for this ride up and will sell by close today. I will most likely average down on the puts I bought end of day yesterday.
Yeah I think this is all about algorithm levels. The AlgoDoc is definitely right about this. This is why I subscribe to him. The information on invaluable. He says it can still go to 2100 before his system gives it the 75 extreme over bought level, at which you can safely short.
It's the run up into earnings for Spx... All the big companies report today so googl msft amzn need to beat tonight to break thru 2045 and head to 2060.
It looks like they're driving this up for the multinational earning reports of companies like PG. They need googl msft amzn to beat earnings tonight to take it to 2060.
That's exactly what it looks like. I think the gap still has to fill from this morning, no?