[gosu]

Originally Posted by gosu »

wash 2525.75....next week it is

This is what I KNOW:

The indicies are at a confluence of the ST p2 and the IT p2. Therefore, up next is a sizeable retrace spanning longer than one RTH session. I anticipate it will be next week (not necessarily Monday), but this is not a prediction and I am not in charge of the timing of it. My role is to monitor real time for precise timing of actions and minimizing risk.

Good trading.

[clmacdougall]

Originally Posted by gosu »

This is what I KNOW:

The indicies are at a confluence of the ST p2 and the IT p2. Therefore, up next is a sizeable retrace spanning longer than one RTH session. I anticipate it will be next week (not necessarily Monday), but this is not a prediction and I am not in charge of the timing of it. My role is to monitor real time for precise timing of actions and minimizing risk.

Good trading.

Could you please tell me what "ST p2" and "IT p2" are or mean. Thanks, Cory

[gosu]

Originally Posted by clmacdougall »

Could you please tell me what "ST p2" and "IT p2" are or mean. Thanks, Cory

ST - Short Term

IT - Intermediate Term

p2 - point 2

[clmacdougall]

Originally Posted by gosu »

ST - Short Term

IT - Intermediate Term

p2 - point 2

How's about a chart in order to show us their significance. Thanks, Cory.

[gosu]

Originally Posted by clmacdougall »

How's about a chart in order to show us their significance. Thanks, Cory.

Hi Cory,

I could post my charts but they would look like gobbledegoo to anyone but me. Years ago I came across one of my charts on this site that I had posted somewhere else and I was amused to see it used as an example of being too cluttered and how not to trade by a person who had gathered a following with his Wyckoff dissertation that he ended up peddling as an ebook for a few bucks.

In any case, there's nothing complicated about what I said that you can't pop up a chart and see for yourself. Get a daily chart of the stock indicies and go back to mid-December and mark that as the beginning of the current IT move within which are the ST moves. Draw some lines to help you visualize the collection of bars as the current state of the market. What I see are the words "change coming up."

People on TV are calling the current move the "January effect" which is based on looking back on previous Januaries, but I know that January was informed by what occurred in the immediate past before January and had nothing to do with the fact that a month beginning with the letter"J" and ending with the letter "Y" is statistically bullish.

I hope I was responsive to your request.

[onesmith]

Steve46, can I become a client? How much would it cost? Considering I'm calling you out, what if a friend not associated with me, maybe not even on this forum, ...sends a private message .. can they become your client, and buy this info you've been telling us is no longer forsale?

Moderator, this vendor continualy violates the terms of use and promotes herself via references to her class, .... her students ... her clients. Lately she says she has nothing forsale and she's not a vendor. Is she marked as a vendor by mistake?

Originally Posted by steve46 »

Unfortunately I am limited in what I can say about the report...(I am working with clients on this)...I can show my pre-position screen.

Good luck today folks

[steve46]

Negotiator

I am going to leave this bit of cleanup to your judgement....Mark suggests I ignore him/her. Lets give that a try...

Best to all
Steve

[clmacdougall]

Originally Posted by onesmith »

Steve46, can I become a client? How much would it cost? Considering I'm calling you out, what if a friend not associated with me, maybe not even on this forum, ...sends a private message .. can they become your client, and buy this info you've been telling us is no longer forsale?

Moderator, this vendor continualy violates the terms of use and promotes herself via references to her class, .... her students ... her clients. Lately she says she has nothing forsale and she's not a vendor. Is she marked as a vendor by mistake?

Hi onesmith,

Please read the thread "Vendors Vendors Vendors" in it we developed a new structure of identifying but not necessarily judging a vendor. Steve46 is fully within the guidelines of the owner/moderators rules.
At the same time I understand your frustration of watching someone post a chart and not explain its dynamics but such is the game of forums. You never know the true intent of the poster and have no choice but to take him/her at their word and ignore their posts if you should so choose.
All the best, Cory