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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.

Wednesday, November 3, 2010

compq symmetrical time price structure

isn't that a perfect geometry with both time and price?
spx is on a different time price structure. i am somewhat relieved that spx cycle top on 10/25 of 1196.14 never got bettered even with somewhat volatility along the price line by dimes(only cash maket counts for cycle work, not future market, inverse scenario happened during early July bottom). 10/25 not only is the Fibonacci cycle top i posted, also is two important cycles i discovered or invented. hope i didn't jinx about it since not yet 13:15 fomc yet.



PS. 1). if i missed any of you on the email update last night, please let me know.
2). Joseph, as i mentioned to you many times. the only holy grail in t/a i believe is study and work hard. never be complacent as what's going on. there is nothing once for all, always rolling, moving, looking forward some steps ahead. life is a living thing, we learn, grow everyday, and there is an eternity of it, i realized - well, that's a different topic that i havn't finished the writing of it.
3). rippy, observation, work hard is the book, no other book i am using. the most often book i check is robert prechter's elliott wave principle(even though i can almost memorize it), i have not read any other t/a book for a long long time.
4). garesky, the columbia blog you posted is banned from here. and is the only blog in the world i ban. a very nasty basher toward me.
5). garesky, i highly believe the bearish blue 1-2 labeling is incorrect, most bearish blogs have that count.