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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Friday, 21 March 2014

was that an ending diagonal ?



Posted by at

6 comments:

  1. Trading Sunset21 March 2014 at 21:12

    I sure hope so!

    Yet, bulls can typically rally into late April/early May.

    Might be another 4-6 weeks away yet.
    -

    Equity bears need a weekly close <1832, and then hit the lower weekly bol', but that is rising, in 1760s.

    ReplyDelete
    Replies
    1. Chartrambler21 March 2014 at 23:22

      Thanks PD. If bears have learnt anything it is to employ good risk control whatever the setup

      Delete
  2. Souljester21 March 2014 at 22:55

    Not that I give a fuck, but Wags called top at 1510 based upon Duncan's "jaws of death" lol. Your TA is too good to waste there. Kool aide is kool aide, whether they drinking bearish unemployment numbers or bullish biotech CEO how many would poop in a bag theses. It is all Kool aide. Wags and Daneric share the same cognitive disorder. You don't and your TA is great. Thanks for your blog.

    ReplyDelete
    Replies
    1. Trading Sunset22 March 2014 at 03:47

      I would agree, and I find it bemusing that anyone is regularly posting on Daneric's troll infested page.

      I don't get it CR, why go there? I'm sure not suggesting you go post on my pages. I could list 20/30 sites that are largely 'clean' of lunatics.

      Why go there, only to face a couple of maniacs, most of whom seem to have multiple personality disorder?

      Seems like such a waste of energy, and never mind the fact that your posts aren't being read by many decent people, because we ain't visiting troll-central anymore!

      Delete
    2. Chartrambler22 March 2014 at 12:02

      Hi PD,you are probably correct.I do post at FAM's so that is good.There is some good stuff occasionally at Dan's and I always felt that if every decent poster left Wags would have "won" but I guess its a pointless battle and does drain one's energy

      Delete
  3. Chartrambler21 March 2014 at 23:21

    thanks SJ...I honestly think a lot of good TA has been blown out of the water by extreme monetary policy and to some extent those who realised that early are smarter but if we are about TA we have to keep trying to learn !

    ReplyDelete

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