Short Term Trading Member Forum

[Toppcats]

Airedale - Well.... I think I have to defend Mr. Robert McHugh here!! I have a copy of the report from McHugh (technicalindicatorindex.com) related to the post you are referring to. The info posted, appears to be out of context (at least in part (lol)).
He has a fibo time window which is currently in play. Going into this time frame he was looking for an interim top OR bottom - he NEVER picked one market direction versus the other or blamed God for the state of the markets (as far as I know!)
He has been basing potential future time frames of tops/bottoms based upon fibo timeframe analysis of prior interrelated tops/bottoms. His invocation of God had to do with 'random' market action versus fibonacci related movement. I do agree that the diatribe relating his fibonacci time-related events with God's 'sense of humor' is over-the-top, but God and any type of blame was left there and not carried into any part of the technical discussion. (He has a free week going and I think he got a bit carried away!)
I note he also has a bible passage at the end of his report - which I can also do without.

BTW - you didn't tell us if you were able to get the you-know-what off your jacket ;>)

Regards,
Gary