Posted by cwa82675 on 21st of Apr 2009 at 03:48 pm
fully short, on the 50% retracement that also coincided with the
breakpoint on the spx I added more sds, and took big positions in
srs, tza and skf. amlost 100% short now with leveraged
etfs!
The chart of the TSX is very much appreciated. Likely you have
many Canadian members who would be interested in seeing this. If
you can make it a weekly addition that would be fantastic.
msonline1- here's your long term chart of TSX, it's just like my
monthly SPX, the 20 EMA works well fir defining bull and bear
markets as does the 13 RSI and hte 50% level
it did, and has been pretty spot on for a while. I speak to
Steve a lot during the day..always good to throw ideas off each
other, and what has me worried is the fact that all the indices
finished HOD, plus both my systems pointing north and from
experience that tends to say we got more legs. So horizontal tests
of breakout points can work nicely, but this could be a sharp V
retest of the wedge TL (now resistance) itself. I do believe Matt
has the chart and he suggested it could be in the report along with
their usual excellent stuff.
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fully short, on the 50%
Posted by cwa82675 on 21st of Apr 2009 at 03:48 pm
fully short, on the 50% retracement that also coincided with the breakpoint on the spx I added more sds, and took big positions in srs, tza and skf. amlost 100% short now with leveraged etfs!
Brave
Posted by ravun on 21st of Apr 2009 at 04:02 pm
always good to scale in as resistance nears, but all that...ummm...3 points out yesterday..today looks closer.
Chart
Especially
Posted by ravun on 21st of Apr 2009 at 04:07 pm
when u have all 3 major indices closing at High of Day, and both my systems closing long....like I said, brave..very brave.
Ravun - Didn't the market
Posted by kingpin777 on 21st of Apr 2009 at 04:23 pm
Ravun - Didn't the market do exactly what you thought it would do? From your chart it retraced perfectly to your target.
Based on your last comment you didn't seem confident in taking a short at this point. Love to hear your thoughts.
TSX for Kingpin
Posted by dodgerdog on 23rd of Apr 2009 at 10:34 pm
Thanks Steve!
Posted by kingpin777 on 23rd of Apr 2009 at 11:29 pm
Thanks Steve!
The chart of the TSX
Posted by frank on 24th of Apr 2009 at 12:38 am
The chart of the TSX is very much appreciated. Likely you have many Canadian members who would be interested in seeing this. If you can make it a weekly addition that would be fantastic.
A weekly update of the
Posted by msonline1 on 24th of Apr 2009 at 01:04 am
A weekly update of the TSX would be greatly appreciated.
Also, if you or Matt don't mind, what is your analysis on the Canadian Dollar ($CDW).
Thanks again Steve,
msonline1 - here's your long term
Posted by matt on 24th of Apr 2009 at 09:44 am
msonline1 - here's your long term chart of TSX, it's just like my monthly SPX, the 20 EMA works well fir defining bull and bear markets as does the 13 RSI and hte 50% level
TSX monthly chart.png
Canadian Dollar
Thanks Matt. Well appreciated
Posted by msonline1 on 24th of Apr 2009 at 09:49 am
Thanks Matt. Well appreciated
Yes
Posted by ravun on 21st of Apr 2009 at 04:27 pm
it did, and has been pretty spot on for a while. I speak to Steve a lot during the day..always good to throw ideas off each other, and what has me worried is the fact that all the indices finished HOD, plus both my systems pointing north and from experience that tends to say we got more legs. So horizontal tests of breakout points can work nicely, but this could be a sharp V retest of the wedge TL (now resistance) itself. I do believe Matt has the chart and he suggested it could be in the report along with their usual excellent stuff.