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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.

Tuesday, November 2, 2010

re-install Grand Crash

i am strongly oppose option trading, no matter how promising you see, or i see the developement.


after seeing some amazing "sharp" big picture.
humblestudent echen's definition of Grand Crash is a plunge of 45%+-in about xx trading days(timing sent in email).

tomorrow Nov 3, 2010 is the announcement of FED QE2.
tonight, humble blog one step ahead, announce Blog Quantitative Easing for all members, previous and current, as long as you have posted, contribute to the blog, and have email address in file. All invited into the email list.

email update of Grand Crash install #1 sent.

PS. 1). re-post blog key member Zigzag's following charts:
http://dl.dropbox.com/u/312885/1987%20close%20view%202010-11-02%20at%208.05.51%20PM.png
http://dl.dropbox.com/u/312885/Screen%20shot%202010-11-02%20at%207.17.57%20PM.png
2). if you present t/a or other area capability, and friendly, willing to help out the blog, could potentially be invited as a blog key member, and keep a close contact.
3). Grand, thanks for the chart. a quick look, i see several difference. a). we have "Adam & Adam Double Tops" here (pointed out by key membe Joseph) b). a big MACD negative divergence here. c). we will see how the weekly 200 SMA play out here. d). the elliott wave counts could be different (i need to check the past tense of 2004). e). one day, when i reveal my traditional elliott wave counts since this overall big market bottom, i am confident you will agree with my counts no matter bullish or bearish, because it's all undisputable textbook cases even though it's very very complicated. good to see you posting, thanks.