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Fibonacci Paradise

  • #321
  • May 7, 2010 8:26am May 7, 2010 8:26am
Just my view.

EY 4h. I would start the 100 @ 138.47
GY weekly. I would start the 100 @ 163.05. This might affect what you do with the other GY chart.

The one with the palm trees on needs a picture of me on it with a beer, in my knickers!

At least that unemployment rate has stopped going up. We need you guys to start building momentum and get the rest of us rolling again. Too much shit going on in Europe for that to happen atm.

MD.
Keep smiling
  • #322
  • May 7, 2010 8:50am May 7, 2010 8:50am
Quoting Misterdaz
At least that unemployment rate has stopped going up. We need you guys to start building momentum and get the rest of us rolling again. Too much shit going on in Europe for that to happen atm.

MD.
It's just a matter of time. You should see the way people are in this country. They will spend money just to be spending money. If they don't have something new and shiny at all times they get depressed.

I was out shopping with the wife last weekend at Lowes and HomeDepot. It was an absolute madhouse. Every checkout line was 10-15 people deep. All the cart returns in the parking lots were just as full as could be. We had to park out in the middle of nowhere, you couldn't get anywere close.

I would say 90% of Americans don't know anything about what's going on in Europe (or care) so I don't think it will affect their spending habits. Americans have a need to consume, I don't think anything is going to change that in the near term. The recovery is underway.

Patience grasshopper.


Bartstop
  • #323
  • May 7, 2010 9:18am May 7, 2010 9:18am
Quoting Misterdaz
Just my view.

EY 4h. I would start the 100 @ 138.47
GY weekly. I would start the 100 @ 163.05. This might affect what you do with the other GY chart.

The one with the palm trees on needs a picture of me on it with a beer, in my knickers!


MD.
OK, updated EJ and GY W1. I removed GY H4 until I can find a fib I like. At this point it's a mess.


Bartstop
  • #324
  • May 7, 2010 9:22am May 7, 2010 9:22am
Found it. Updated first post.
  • #325
  • May 7, 2010 10:01am May 7, 2010 10:01am
Quoting bartstop
It's just a matter of time. You should see the way people are in this country. They will spend money just to be spending money. If they don't have something new and shiny at all times they get depressed.
If people aren't careful they will spend too much and get over indebted and a credit crunch could start in your country and take down the rest of the world...oh....er hold on....I think....er.

MD.
Keep smiling
  • #326
  • May 7, 2010 10:13am May 7, 2010 10:13am
Quoting Misterdaz
Was that you in NY with your finger on the button???

Now you know why GY crashed.

MD.
How did you know it was me?
  • #327
  • May 7, 2010 10:18am May 7, 2010 10:18am
Quoting Checkz
How did you know it was me?
Apparently it was a guy on dial up!

MD.
Keep smiling
  • #328
  • May 7, 2010 10:36am May 7, 2010 10:36am
Quoting Misterdaz
Apparently it was a guy on dial up!

MD.
Here's my take.

I think it was all BS. Look at how long that wick is. There was a hell of a lot of buying.

A lot of money (stocks) changed hands yesterday. All the media oulets were saying SELL SELL SELL all week. Everyone is still jittery and once the first lemming started dumping their stocks, the whole herd followed. Then the pros stepped in and bought everything they could at a deep discount. The DOW is going to 12300. The fib proves it. The pros know it.


Bartstop
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dow.gif Size: 15 KB
Click to Enlarge Name: dow w1.gif Size: 15 KB
  • #329
  • May 7, 2010 10:52am May 7, 2010 10:52am
Quoting Misterdaz
Apparently it was a guy on dial up!

MD.
Hey I got a laptop now!
  • #330
  • May 7, 2010 11:02am May 7, 2010 11:02am
Quoting Checkz
Hey I got a laptop now!
But have you got braodband Checkz?
Keep smiling
  • #331
  • May 7, 2010 11:06am May 7, 2010 11:06am
Quoting bartstop
Here's my take.

I think it was all BS. Look at how long that wick is. There was a hell of a lot of buying.

A lot of money (stocks) changed hands yesterday. All the media oulets were saying SELL SELL SELL all week. Everyone is still jittery and once the first lemming started dumping their stocks, the whole herd followed. Then the pros stepped in and bought everything they could at a deep discount. The DOW is going to 12300. The fib proves it. The pros know it.


Bartstop
In these markets a panic is not unusual. I just wish I was short GY last night. Still, I found these pork ribs in my freezer last night, I dunno how they got there, I might have them tonight.

MD.
Keep smiling
  • #332
  • May 7, 2010 11:06am May 7, 2010 11:06am
Quoting Misterdaz
But have you got braodband Checkz?
Nope I have a wireless aircard!
  • #333
  • May 7, 2010 11:11am May 7, 2010 11:11am
Quoting Checkz
Nope I have a wireless aircard!
That's better than dial up and more or less broadband. You must notice the improvement?

MD.
Keep smiling
  • #334
  • May 7, 2010 11:14am May 7, 2010 11:14am
BarTstop, this link might help you on the UK government issue.

http://news.bbc.co.uk/1/hi/uk_politi...10/8659878.stm
Keep smiling
  • #335
  • May 7, 2010 11:46am May 7, 2010 11:46am
Quoting Misterdaz
That's better than dial up and more or less broadband. You must notice the improvement?

MD.
I do and it's making my life a whole lot better
  • #336
  • May 7, 2010 12:27pm May 7, 2010 12:27pm
Quoting Checkz
I do and it's making my life a whole lot better
So will Viagra.
  • #337
  • May 7, 2010 1:36pm May 7, 2010 1:36pm
Aud/Usd 60 minute chart.
Attached Image (click to enlarge)
Click to Enlarge Name: New Chart.jpg Size: 122 KB
  • #338
  • May 9, 2010 5:02pm May 9, 2010 5:02pm
Found this one late Friday. The gap over the weekend hit TP.
Attached Image (click to enlarge)
Click to Enlarge Name: eu late fri.gif Size: 15 KB
  • #339
  • May 9, 2010 5:28pm May 9, 2010 5:28pm
I hope you had a nice weekend.

Was that an order you had waiting to trigger or was you already in it from Friday?

MD.
Keep smiling
  • #340
  • May 9, 2010 6:34pm May 9, 2010 6:34pm
Quoting Misterdaz
I hope you had a nice weekend.

Was that an order you had waiting to trigger or was you already in it from Friday?

MD.
I placed the trade Friday. Risky I know. But what's one more after the week I had? Starting over with a new Demo account today. Going to TRY to be realistic this time, now that I've proven to myself I can "unleash bloody hell on the markets" as Thom puts it.

BTW - Where is Thom?


Bartstop
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