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Trade the Bollonger Band Squeeze

Horse HOckey

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Username: ehmu

Post Number: 591
Registered: 08-2010

Rating: N/A
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Tuesday, August 09, 2011 - 11:51 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)

Is TA a load of "horse Hockey"? ---definitely not, but what does it tell us ????

Well no aspersions on our honorable member "jaded", but I am becoming sometwat jaded.

The attached chart shows that the 50% retracement from the last dreaded hell, is 1020.

This demonstrates that the oligarchy is arithmetically challenged, and cannot deviate from conventional wisdom.

The fore cast is therefore that we will at least drop to 1020 before bouncing. (a bounce constitutes at least a flicker of doubt about the drop, in other words a pause or a change in the slope of the drop of price).

If you are under the age of 65 and have no sense of humor; please ignore this post.

This is a pubic announcement.

This market action is simply an adjustment of the value of the proxy of serfs around the world. You now have a 0.5% vote, as opposed to the 1.4% vote that your had four years ago.

Please adjust your public demonstrations accordingly !!!!!

_____ n a m a s t e

Every trade involves a gorgeous seller with goods, and an ugly buyer with money.

Not a recommendation to buy or sell equities

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