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  • #258,561
  • Jun 15, 2010 6:58pm Jun 15, 2010 6:58pm
Quoting gatorinla
put that tl on your meta.. we aren't working without a net. eurx s/r still held also...stock buying on low volume is in the mix. funds are trying to own something at quarters end. im short until they break down the door.
thanks so much man. I had the numbers up there and that one saved but not the TL...sry it took me a bit to reply
  • #258,562
  • Edited 8:06pm Jun 15, 2010 7:40pm | Edited 8:06pm
Quoting ak4x
...
it would have to be a hell of a bomb with 5000 feet of water pressure on it.
i would think the concussion would kill the fish in a huge area. not to mention 5000 feet of water on top the crust while removing the oil from under it could crack the gulf floor. a bomb may be the catalyst to help break it. what they dont tell ya is the pressure to push oil out a hole 5000 feet under water under pressure like its doing is a pressure few on the land can imagine. a 19 inch hole for 56 days with no sign of the pressure dropping yet. it means as the oil comes out the hole the floor settles lower with 5000 ft of water pressure squeezing it out. if the floor cracks the hole may get much bigger. unlikely, but since a liquid cant be compressed.. the floor is defiantly dropping. to fill the void left from escaping oil. will it hold, are there cracks already in the floor.. yes to cracks they are all over ocean floors naturally leaking oil. will it hold???
the second well is not guaranteed either. they should be drilling a third. they could blow out too. they dont know.. its a shot in the dark.. it sucks!
those who can, do. those who cant, talk about those who can
  • #258,563
  • Jun 15, 2010 7:46pm Jun 15, 2010 7:46pm
Quoting grandpost
Now see how when you apply the fib expansion from the beginning of cycle to end at 2 different levels how the wave breaks up.....look where .38 and .618 break up the pattern......the first pic it breaks up the extension and second it breaks up the whole c wave......and that is why I think the top was a b wave.....

please note for any good elliott traders out there how the time cycle picked up the eluding wave 2 ....it could have been any candle and probably many of us have measured of the right one until more of the pattern was revealed recently.......you...
so where are we going?
those who can, do. those who cant, talk about those who can
  • #258,564
  • Jun 15, 2010 7:53pm Jun 15, 2010 7:53pm
Very tight range right now even during these hours.

I am Short right now.
  • #258,565
  • Jun 15, 2010 7:55pm Jun 15, 2010 7:55pm
Quoting gatorinla
it would have to be a hell of a bomb with 5000 feet on water pressure on it.
i would think the concussion would kill the fish in a huge area. not to mention 5000 feet of water on top the crust while removing the oil from under it could crack the gulf floor. a bomb may be the catalyst to help break it. what they dont tell ya is the pressure to push oil out a hole 5000 feet under water under pressure like its doing is a pressure few on the land can imagine....

This is only 1500 feet or so but still crazy..
http://en.wikipedia.org/wiki/File<im...ownTheWell.ogg

and this http://cricketdiane.wordpress.com/20...cials-and-fed/

Quote
And, last night (06-07-10) there was a mention by David Cameron on Larry King Live about the ideas team put together with recommendations about what could be done to cap or contain the well – an important note that the pressure down under the seabed for this well is estimated to be 13,000 psi. Some of the scientists and engineers had already given estimates a couple weeks ago, that the oil being released was around 6,200 psi – (also probably from news shows.)
  • #258,566
  • Jun 15, 2010 7:57pm Jun 15, 2010 7:57pm
we are selling for a wave down.......but I want you to pick it up yourself you will find it interesting....

we are selling for at least 8 hrs.......


Correction 4 hours and 40 min.....to 8 hrs.....I am still improving the technique....
Quoting gatorinla
so where are we going?
  • #258,567
  • Jun 15, 2010 7:57pm Jun 15, 2010 7:57pm
Quoting uraceulose
This is only 1500 feet or so but still crazy..
http://en.wikipedia.org/wiki/File<im...ownTheWell.ogg
lol at the smiley in the link
  • #258,568
  • Edited 8:13pm Jun 15, 2010 8:03pm | Edited 8:13pm
Quoting uraceulose
This is only 1500 feet or so but still crazy..
http://en.wikipedia.org/wiki/File<im...ownTheWell.ogg

and this http://cricketdiane.wordpress.com/20...cials-and-fed/
not bad considering your garden hose may be 60 psi.. add 2150 psi to overcome the water pressure.
those who can, do. those who cant, talk about those who can
  • #258,569
  • Jun 15, 2010 8:05pm Jun 15, 2010 8:05pm
Quoting grandpost
we are selling for a wave down.......but I want you to pick it up yourself you will find it interesting....

we are selling for at least 8 hrs.......
i think im gonna max out my credit cards and put more money in my acct to short then.....i might even go to one of those payday loan places to get some money wired to my acct......
  • #258,570
  • Jun 15, 2010 8:05pm Jun 15, 2010 8:05pm
Quoting grandpost
we are selling for a wave down.......but I want you to pick it up yourself you will find it interesting....

we are selling for at least 8 hrs.......
i was checking to see if we were on the same page. your top is near levels i have. derived from another method
those who can, do. those who cant, talk about those who can
  • #258,571
  • Jun 15, 2010 8:21pm Jun 15, 2010 8:21pm
Please do not trade my recommendations.........i am not certified........this is for educational purposes......and to advance my trading .........and to unplug you guys......




Quoting mfoste1
i think im gonna max out my credit cards and put more money in my acct to short then.....i might even go to one of those payday loan places to get some money wired to my acct......
  • #258,572
  • Jun 15, 2010 8:21pm Jun 15, 2010 8:21pm
Quoting gatorinla
still should of shorted it then
true. goldman was a good short.
  • #258,573
  • Jun 15, 2010 8:21pm Jun 15, 2010 8:21pm
Quoting mfoste1
i think im gonna max out my credit cards and put more money in my acct to short then.....i might even go to one of those payday loan places to get some money wired to my acct......
If you want to do something that drastic, I'd wait for a parabolic move to 1.26 then go ahead and go nuts with a very tight stop.
  • #258,574
  • Jun 15, 2010 8:24pm Jun 15, 2010 8:24pm
Quoting grandpost
Please do not trade my recommendations.........i am not certified........this is for educational purposes......and to advance my trading .........and to unplug you guys......
unplug us from what?
  • #258,575
  • Jun 15, 2010 8:25pm Jun 15, 2010 8:25pm
Quoting mfoste1
i think im gonna max out my credit cards and put more money in my acct to short then.....i might even go to one of those ptpayday loan places to get some money wired to my acct......
Do it and you will be declared a bankrupt in a week. Hahahahaha.....
  • #258,576
  • Jun 15, 2010 8:34pm Jun 15, 2010 8:34pm
Quoting gatorinla
i say 16 cause of pa patterns. but if it gets there as described.. we got the normal supports and the the bull one i did at 2308. to get below.. pivots ect. this may be a 3 month summer range. with a slight tilt lower. till late summer early fall. it seems the little bull wedge on the 5m went north.
no movement sucks.. i would not get comfortable with fresh longs below 2349.5 then you got a some resistance at 2360 74 95..
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those who can, do. those who cant, talk about those who can
  • #258,577
  • Jun 15, 2010 8:37pm Jun 15, 2010 8:37pm
yes .....all streets lead to rome.....but I bet I can catch more intermediate trend changes.......What about your method can you show?

People call it harmonic vibrations......music notes are split in fib numbers.....it's nature law......somehow once you get it.....and it's not easy......it feels crazy.....like you don't want to sleep following.......

I am in the finishing phases of my learning.............I claim to know.......now needs to show in trading results..........so I am looking for crazy results.........

I think of it my friends are all musicians and artists of someform ........I see harmony in numbers....and patterns......I always had a mathematical mind......I track the pattern as you can see without labeling my chart 5 or 6 levels up and time them...........

Ofcourse the market can go up now and you call me an idiot so I send you this pic......
1 min chart the cycle I broke to 3 to try and catch the abc pattern to learn exactly when a wave will end......then I noticed shift of 1/2 a cycle......
next green line down wave b one after wave c or maybe half it.........I am not sure because we are in w1 of the a pattern down so not enough revealed yet......and I am not awesome yet.......lol


Quoting gatorinla
i was checking to see if we were on the same page. your top is near levels i have. derived from another method
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  • #258,578
  • Jun 15, 2010 8:37pm Jun 15, 2010 8:37pm
Quoting 2+2=4ex
unplug us from what?
Grandpost seems to feel he is enlightened as far as trading and the markets go, and that we have a lot to learn by listening to him.
  • #258,579
  • Edited 8:55pm Jun 15, 2010 8:39pm | Edited 8:55pm
This retrace ((such as it is)) seems very happy at the 79% level just below all those Support convergence levels I posted earlier HERE.

Quoting ak4x
...Besides that static S/R level, every Lower BB i have on every TF under 1hr is sitting a'rd 2320 to 2326. Could be a stall and drift here till we get asia in to play, but I hope not....
And maybe even then... crap.

Attached Image
FUBAR...
  • #258,580
  • Jun 15, 2010 8:40pm Jun 15, 2010 8:40pm
I think the bulls are not done yet. I'll enter longs on the dip
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