Replies to post #49147 on Short Term Trading Member Forum

[DowDeva]

Wonderful post. Thank you, Oddlot.

Can you give an example of this?

...My added trick is to "normalize" the short highs/lows by using a short term CMA +/- a typical value for the extreme of the DPO for the short term CMA.."

For instance, the CMA might be at 245 on the SPY, and the DPO for the short term CMA is at a certain level, what do you do? What levels do you look for to change the CMA +/-?

[BlissBull]

Yes, Oddlot!... I agree!... An intermediate TOP is in!!!

I think this "Raging Bull" market has completed wave 3 of 5 waves up from the MAJOR BOTTOM in 2009

I also think that this top is a 9-year cycle high!... The 9-year cycle low is due in January or February imho (9 years from the 72-year cycle low in 2009).

I expect about an 18% correction to around SPX 2100 by then...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130228202

In the meantime, I expect the price of crude oil (and oil stocks) to rise!

Good Trading!