ok you fricken coneheads.....gloomy buTT is back to save your asses again! man i get tired of showing you morons how the game is played!...i guess i'm being a tad hard on most of you guys....looking back at a few post i see that several of ya saw this coming....whoppie....now shut the $#^) up....
ok....if you bought in early spring like i tried to tell ya (link above) then you should be sitting on a nice profit...if you're still long, just turn off the computer and go play some video games with gb... or something else mind numbing.......gb is such an idiot!!!
this pullback is NOT going to go as deep as some would hope....>THE< bottom is in.....that's right....gloomy buTT is not saying it's the end of the world as we know it....we are going to 12,200 on the dow and then we can play the bounce......look at the fibs on the daily....of course there is always the chance of the 78% retrace buTT fricken stockcharts.com doesn't give you that number so we'll go with the most common retrace of 62% = 12,200...got it? can i get any clearer coneheads?
on to the charts.... for those of you that sit on your ass all day at the computer, the 10 min should have got you out on tuesday....the breakdown was clearly visible
hourly the indicators are oversold buTT the bounces are going to be short lived for a while...ignore this chart until we approach some fib support.
daily.... now were gettin somewhere....look at the momo indicators and the fibs....can i make it any easier? ....no need for all those tweaked up indicators piled on top of indicators... gheesh....
sit on you hands for a few days...otay?.....or follow da's lead on the darkside....da doesn't like me much buTT i could care less...i don't like him either....BUTT i will give him this...he has became a very good trader.... enough of the kissy kissy crap.....i bet his mom doesn't even like him!
weakly....get it weAk....i am so fricken cute i make myself puke i'll give gb a little credit on this chart...he was a weak< early on his top predition....the funny thing is that he nearly went long on the "fakeout breakout" the following week....right at the top....what a moron! anyway....the indicators tell the story....burn baby burn.
monthly i use this chart for the 20 ma....a lot of eyes are on this signal line.
sit back, shut up, and wait for my fricken all clear....