The community is delayed by three days for non registered users.

Thank you, Steve

SPX 10 Updated

Posted by erikwil on 5th of Jun 2025 at 02:20 pm

Thank you, Steve

still moving higher. My 30

QQQ

Posted by erikwil on 3rd of Jun 2025 at 12:45 pm

still moving higher. My 30 min. chart looks different. Why? Cannot see waves 3 and 4. Still in wave 3?

As I was typing I saw your note of your goal to add a few inverse ETF's.  

Do you ever recommend going short?  Not necessarily now but ever?

Sold SQQQ several days ago

Posted by erikwil on 24th of Jul 2024 at 03:22 pm

Sold SQQQ several days ago when SPY "Reverse to Mean" came up. Hate to chase a gap. What a bummer!

how can I make this

NYSI crossover system

Posted by erikwil on 26th of Sep 2023 at 01:19 pm

how can I make this a life chart?

Newsletter has long and repeated loss of sound throughout.

 Hi, Steve   what is the definition of  Bear long?  Is that bullish or bearish?  Bear is bearish and going long is bullish. 

sold out of shorts prematurely 

It happens over and over.

Uranium follow up

Posted by erikwil on 8th of Sep 2022 at 03:00 pm

It happens over and over. That's how oil pushed out most other sources of energy when the Rockefellers  got control. That's how hemp was removed from the market. I don't mean the drugs but other uses.  "And the beat goes on." 

Charity should start at home! There are many needy people that deserve help and attention. Not indiscriminately, though! 

what we have in SPX

USO Daily

Posted by erikwil on 30th of Aug 2022 at 12:15 pm

what we have in SPX is called a bearish sandwich in Candlestick language.

whatever happened to SPXU ? Could you please show the record when you sold?

Posted by erikwil on 29th of Jul 2022 at 12:20 pm

Elliot rule. Wave 3 cannot

GDX 60 min

Posted by erikwil on 30th of Jun 2022 at 10:11 am

Elliot rule. Wave 3 cannot be the shortest. And wave 1?  Where does it start?

you can use me as

Posted by erikwil on 17th of Jan 2019 at 04:43 pm

you can use me as an indicator to do the opposite.

Keep buying at tops and selling  at bottoms.

Again and again.

Bought SDS this morning and sold after BO.

I think I am just not made to invest in the market.

OUCH! got myself sucked into LABD

Posted by erikwil on 10th of Jan 2019 at 11:06 am

OUCH!

got myself sucked into LABD this morning.

so I guess you wouldn't

Matt or Steve would you buy

Posted by erikwil on 3rd of Jan 2019 at 09:06 am

Matt or Steve

would you buy SQQQ right here?

How about laissez fair capitalism?

Just an OT rant

Posted by erikwil on 8th of Jul 2009 at 10:46 pm

in answer to your "Free Market":

if there had been a Free Market all along there  would not have been the political muscle to have everybody that wants to get an affordable housing to begin with, regardless if they can afford it or not. In a Free Market you get what you can afford and not what you want.The so-called "Free Market" has been using Big Government to have there cake and eat it too.

What we have is not a Free Market but a Mixed Economy, which brings out the worst kind  and this is the outcome.

How about Laissez-fair-Capitalism?

 

PS:Its the old head trick: Blame the Free Market when there never was a truly Free Market in the first place, and then what caused it all is giving us more of it to solve the problem. Sad thing is that they are getting away with it.

 

 

 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!