Replies to post #12334 on Short Term Trading Member Forum

[M3]

Nice article. We have no turns between 8/30 and 12/16, sounds like a wave 3 to me, up or down? Should know when we get there.

[BlissBull]

denmo - yes, I read that, and noticed something funny!...

"We are not in that crash period now but the Bradley model shows a high around the middle of July and goes down all the rest of this year. I think it looks pretty bad right now and it could turn down right now. We may have a hard hit for 2-3 days next week and then a rally into July, which may or may not make a higher high and then down the rest of the year."

If we look at this closely, we see that it is actually two separate statements appearing as one!...

1st statement...
"the Bradley model shows a high around the middle of July and goes down for the rest of this year...The next crash cycle takes place from August '06 to March '07."

2nd statement...
"We are not in that crash period now but I think it looks pretty bad right now and it could turn down right now. We may have a hard hit for 2-3 days next week and then a rally into July, which may or may not make a higher high and then down the rest of the year."

I think we need to take notice of the first statement (what the Bradley model shows) and ignore the second one (his personal opinion)...


"MELT-UP" TIME!!!

[BuzzOnDaBeach]

I prefer the tarrot card method, but hey, like you say, stick with what works for you.

Hope you're well denmo.

Buzz