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Pocket Books Green, Blue Horse Shoe headed to Heaven!!! (Someday)
;DD
... I got a bowling ball named Pervert. It's so nasty! All it can think about is making strikes!
MT, sup, baby? I'm hustlin down here in America. Not trading right now. Hope you're well.
I've been traveling. pictures soon.
Hi, MT. Here is a picture of me on vacation. It sure is warm down here in Mexico!
Hope you're making some money.
LOL. Seizures!!
MARKETS ARE IN OH DARN MODE. 741 NEXT SUPPORT ON SPX
DO you wear a canadian tuxedo while trading?
A jean jacket coupled with jeans, sometimes accentuated by a denim shirt??
thx. i'll look at these tonight. the ol' house hold ahs been like a soap opera this week. Can you provide the spanish subtitles??
How does X_trader work? What makes it so good? I am quite curious.
Wait are you getting bullish???
I got to thinking. We should just start making our own stock patterns.
Can you imagine?
Date: April 20, 2012
Board: Big R0x0r house of $$$$$$
from: John8484
to: billy_tha_kid
Hi, BTK,
Can you help me out with this chart? I am kind of confused on this one. Do you think that possibily this is a Market Technician Rhinohorn forming? Thx
Those parents should be put in jail for doing that to their kids. If I had 100 dollars for every one of his fat rolls, I'd be rich.
I bet a lot of stock traders are fat. They have to sit around a lot, hehe.
GOTTA PAY THA BILLZ SOMEHOW, HOMEZ
This is one of the best pictures of all time. LOL
During spring break, I'm going to look back and review the greatest pictures/comments of the board thus far.
Your hair is a bird is definately always on my mind
Ha-HA. Wave D.
Yeah, and to answer your other question, there is small waves within primary and major waves. I think they are called intermediate. I am not sure how to count those yet.
So, I just look at the support and resistance levels until a primary is taken out.
don't get as confused as the guy on the right when executing a stock trade -- come to Market Technician's board for insights first!
Sup, Stud? U want to go write code later? --
the photo Bill Gates wants back... LOL
HAHA
Thx. I think I'm just going to do Futures now, anyway. I use most of my winnings for money for school, so I'm always below that durn day-trader thing.
$$$$. Futures seems the way to go. ;)
Yes, the idea is everytime it goes past 848, it means the B Primary wave is still in tact; 50 percent move up of A.
He is also keeping an alternative wave count for DOW. That theory would be that Primary Wave A has yet to be completed, and we will make a new low before B starts.
We would have to break the 789 area for this to happen -- then 741. He thought 738 would be the new low if this happens.
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With the odds favoring we have hit against 848 more than that 789, I feel odds are a Primary wave B retrace is more likely than his alternate DOW count.
____
Apparently the 50% retrace of A is the pattern the previous two bear markets had.
_______
If Elliot Wave holds true, wave C will make a low around 600, which is a bit higher than your 500 target.
IF you get X_Trader, does this mean you're turning the board into a hedge fund? LOL
$$$$$$$$$$$$
Bull Markets move in 1-2-3-4-5 patterns.
Bear Markets move in A-B-C patterns.
Minor waves occur within these patterns(like what is happening now). Major waves inside the Primary waves
Well, supposedly, if Primary WAVE A of Bear Market ended at Nov. lows, (741?)
Primary WAVE B, in the previous bear markets, has been a 50% of Primary WAVE A (AKA the entire bear market).
Then, Primary WAVE C makes the new lows.
I am not smart enough (yet) to pay attention to the subtle stuff of minor waves. I haven't had the chance to study from the masters of it enough.
All I know is every time the 848 is broached, it leaves the possibility Primary B is back in play(the 50% retracement scenerio)
http://caldaroew.spaces.live.com/ is where I have been studying for a few months, and found out about all the support/resist areas of elliot wave. I am just starting to understand the language of Elliot Wave. That's the toughest part.
__________
Basically, in a bear market, you need 3 MAJOR(a-b-c) waves before each PRIMARY wave in a bear market is complete.
________________
A=Low, B=50% retracement, C=new low, in primary waves.
--
A close above 848 would be huge for the bulls.
500 bucks a month? Your hair is a bird. Your point is invalid. LOL
esignal is great if u want to spend that much.
I'd highly recommend Think or Swim's platform, also. Have you tried it? I luv it.
SPX (WEEK OF FEB 2)
Resistance: 848 (Pivot), 912, 935
Support: 789, 768, 741
804, and 806 may act as support, as they did for the rally last week. So, keep note of that.
hahahaha, that ibox photo is amazing and says so much without saying anything at all.
and, why not post this one more time? hahaha
If this was the year 1989, I'd have a huge stock tip for you: BUY BUY BUY BUY
Is that your Dad? Computer Technican? haha
thanks a lot for the help, best of trading to you.
OT: Taxes
Hi, all:
This is my first year doing a tax return for trading. Do you have to report every single trade through a "schedule D?"
Thanks. I have seen a program called Gainskeeper than does this for you. :)
pretty good risk reward shorting opportunity right now
Bayside High School principal Mr. Belding, from Saved by The Bell, went on vacation after shorting the market in oct. 2008. LOL!!!
At least you're a snappy dresser
Your DRYS chart is a thing of beauty. $$$$$$$$$$$
This week in the SPX (Updated)
Support: 848 pivot, 789
Resist: 912, 935
ohhhhhhhh rello riddy!
haha. what's the hot play this week? GLD??
School has been salting my market participation today
This week in the SPX
Support: 804, 789, 768
Resist: 848 pivot, 857-58, 912,