Finishing Correction

[malvado xetra 10]

Correction Finishes, In My Opinion, With This Last Move. From Now We Are Going To Go Up Strongly To Reach The Highs Of Last Week

[brownsfan019 17]

Well Mal, we shall see. I am not in the business of calling tops/bottoms or continuations, I simply go with the flow of the day and extract as much money as possible.

 

Correct me if I am wrong, but didn't you call a top or two in a couple previous posts? And now the call is a continuation move to the upside? I guess you'll be right - either this might go up or down. :p

[notouch 10]

When retail traders who have been calling a top finally turn bullish that an excellent bearish indicator!

[walterw 10]

When retail traders who have been calling a top finally turn bullish that an excellent bearish indicator!

 

jejejjeje, good one ¡¡ I will buy puts tomorrow ¡¡¡

[bakrob99 11]

Would have worked pretty well.

[malvado xetra 10]

what I was telling a couple of times is that market was exhausted and a correction was going to come shortly. now the correction has finished. we'll see anyway. when Im saying that market is calling for a correction or recovery it doesnt mean Im short or long the next day. it is just a comment to be advised of the big picture that market build every day. I go with the flow too but trying to see a little bit farer. otherwise flow can take you out if you just see what is going out in the present moment.

[malvado xetra 10]

Well Brown, Correct Me If I Am Wrong. Do You Think Correction Has Finished?

[malvado xetra 10]

Hi Walter. Hope You Didnt Buy Puts. Notouch, Double Check On Your Bearish Indicators

 

Mx

[notouch 10]

Don't get too big-headed MX you've been calling a top for the past month and now you've finally seen sense and recognised the obvious ... we're in a bull market!

 

Seriously, these bulls vs bears, pick a top/bottom, watch out for Black Monday - Dow down 1000 points, 20,000 Dow by July etc etc type threads are amusing on Elite Trader but there's more sensible discussion on this forum.

[malvado xetra 10]

I Was Seeing That Market Was Exhausted For The Past Weeks. Never Said We Were In A Bear Market For Long Term. Only That, A Big Correction Was Going To Take Place And Bull Position Were Risky. Just That. Now It Can Be Possible To Swing Bull For The Next Days.

Dont Be Ungry With Me It Is Just How I See The Markets. I Dont Tell Anybody To Play Bull Or Bear At Anytime. And When I Said For A Couple Of Times That Market Was Exhausted Corrections Took Place The Day After If You Can Remember

[brownsfan019 17]

Well Brown, Correct Me If I Am Wrong. Do You Think Correction Has Finished?

 

I don't know.

 

And I don't care.

 

As I said, I don't make my living by trying to make these types of predictions. It's not my business. If that doesn't make sense to you, in time it might.

[notouch 10]

MX, I tried to be subtle but now I'll be brutally honest. No one cares about your predictions. Who do you think you are, Nostradamus? If you have decent analysis and charts to post, please do. But posting a one line prediction is totally worthless and just wastes everyone's time.

[walterw 10]

Malvado : I know you are trying to share you market input, wich can be very valid...

 

you may notice that here at TL we use a lot of backup sustaining chart analisis to make our opinions valid...

 

maybe you should start adding some charts on your posts so we can understand what you are talking about and where do you make foundation of your argument...

 

I by no means say your arguments are not valid, I just dont see the argument validated on a chart with a technical analisis clear explanation....

 

So I encourage you to start using more chart ilustrations on your posts...

 

It help you, it will help the forum with some rich educational material...

 

Otherwise we are just especulating where this market will go... and we all know that we dont know where it will go... cheers Walter.

[brownsfan019 17]

Seriously, these bulls vs bears, pick a top/bottom, watch out for Black Monday - Dow down 1000 points, 20,000 Dow by July etc etc type threads are amusing on Elite Trader but there's more sensible discussion on this forum.

 

I concur.

[weiwei 10]

same here, MX. Make your statement count with a chart.

 

weiwei

[bakrob99 11]

I don't need to see a chart - an explanation would do nicely. Is there some fundamental or technical reason for the prediction or is it a hunch. If its a hunch ... that's fine too. But let's track the success over the next 30 or 40 hunches to see if they are randomly correct.