3309 Drysdale Ct
Edwardsville, IL 62025
I agree and we should remember that Matt suggested that we
trade SPY. Some of the emotional comments could be from those
Notice how we had a double top around July 8. We may get a
double bottom now.
I have been playing around with different timeframes and date
ranges. This 60 Minute charts tends to come together at major
turns and the trigger is the MACD crossover after divergence.
THEN it does not matter what wave we are in, you can usually count
on a turn for a few days to a week or so.
I don't know how this works, I just notice that the indexes come
together at turns. You can try this on 30 Minute timeframes
too. After a while the peak at the turn changes to a more
Is there some way to short GDX in an IRA?
There is some positive divergence on the 30 minute chart and the
averages are coming together which often happens at major
turns. Just pointing that out.
Thanks Matt: I just sold my first profitable trade on your
system (I am off on Vacatin now and don't care if I get a bit less
than the system over all) Now I don't even have to look at the
market while I am away. Happy Memorial Day to ALL.
I would go by Steve's nightly updates as the M3 may not be
updated while Matt is out. (Hopefully he is sleeping when he
I sent a message and it must have been private as I am not too
good yet at posting. Anyway, I am not sure what the co
relation is but have noticed that the indexes come together at
turns. The shorter term char it just that. The longer
term chart is just to point out how accurate it was at the March
2009 Bottom. Just one other thing to look at. This came
from Shanky's charts (page 3) on the Stockcharts Public lists if
you want to look at his charts (which are much better than
mine) It was just another confirmation of Matt's signal on
May 5 for me and gave me a good confidence level to go 80% long on
the Mulit entry system. I sent you the links in case you want
to play with different timeframes. The 30 minute is sometimes
CONGRATS to Matt and his family. Now DON'T send us
any more messages. We are all just fine and just playing
around with messges back and forth as we wait patiently for the
next signal which fopefully is a long way off. You probably
don't realize it yet but you need all the sleep that you can get
now. Day 4 and 5 can be very tough as far as lack of sleep
goes. (for all of you)
I am not sure if you will be able to open it but
there seems to be a co relation.
I am just trusting the system but this helped me to go long at
end of day on May 5th. I went 80% long and realize that we
all have different % in the multi entry system.
Look at the longer term chart too for the signal on March of
Eght has finally popped up over resistance. It is up
I bought my 40% position. Do you signal us when to buy the
other 60% or is is sometimes only one buy?
Good for you. I have been looking at some of the Solar
stocks and some of them may be breaking out of Weinstein type bases
that Matt and Steve sent out a while ago. If you look at
the weekly charts you can see them. LDK, SPWRA
Can you please post dynamic links of your short term wave
counts? Thanks Fina
I bought it last week and am up 50.7% so I have a $.40 trailing
stop on it. I may follow Matt's advice and take half off the
table tomorrow and trail stop the rest.
Matt will probably put a comment above the chart tonight for
some guidance. Nice call Matt. FinaM
I am an appraiser (part time) in California. We have a
Prop 8 law that they have to reduce our taxes if the Prop 8
value falls below the Prop 13 value.
So many folks here are getting property tax cuts every year
now. We have to show 3 sold comps within 3 months of
the end of the year (oct 1 to april 1)
I have been doing lots of tax assessment comps and most of our
clients save money. You might want to check witht the assessors
office in your state to see what they base the changes
Could you please post the 2 bullish counts to the cynamic
There was a 15 Minute and a 30 Minute.
If anyone is interested in a small group class on Elliott Wave
you can sign up below at this address.
It is typically a Saturday morning class on Paltalk (that you
take from home) starting at 7 AM Pacific time till around 9 AM.
I took the first class this morning and it was very good.
You learn how to draw your own retracement lines and it is very
This class will be repeated this Wednesday so you have until
sometime on Wednesday to sign up. I am going to sit in on
Wednesday's class just as a refresher of what I learned.
EW Theory is a good book but this class teaches you how to
put it to use using the tools available in Stockcharts.
I got out with a nice profit. Now I am off to get my hair
done. Have a GREAT weekend all. Fina
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