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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Thursday, October 21, 2010

Broadening Top - if we topped today, potential "FIRST" crash ETA is Nov 3 +-. THIS BLOG ABSOLUTELY DISCOURAGE TRADING OPTIONS!!!

pomo is just an excuse of people's failed t/a.
be a fighter, fight like a terminator, never give up.
it's not pomo, it's iso working!
for example, last night's final back test didn't work. i re-group and find out what's wrong and solve it. never give up, never stop.

here i am using the strongest index ($ndx passed above Apr 26 top) to set an example.
Expanding Triangle(broadening top) is a crash pattern, we have the expanding pattern across different levels.

fomc Nov 2 & 3?
Election Nov 2?
can someone confirm the dates?
if so, what a timing design!
i expect a series of crashes spead out to form the Grand Crash.
Second potential ETA reviewing.
hey, look at the time of the $spx chart i caught - 21-Oct 2010 11:05am, it's right at the Top!

PS. 1). panda, both of your statements are incorrect. i have bases of what i am saying and exactly, i don't randomly just say Grand Crash. but myself is a rare case, hardly people really understand all of my sayings. some of the very special technicals, i can only mention it, don't want to risk it because of everybody knows.
2). in most(nearly all) of the crash models, the first two days closed flat(doji) after a volatile day. then crashed 10 days later. 1987 great crash included. so, don't have to much expectation of today and tomorrow of down too much.