When everybody gets bullish, SELL it to them. (3 weeks ago) ---- When everybody gets bearish. BUY it back. (2 weeks from now)
It take guts to buck the herd
It take guts to buck the herd
Aussie Trading Room and Cartoons Gallery
- #8,322
- Aug 30, 2012 11:52am Aug 30, 2012 11:52am
- Joined May 2011 | Status: Balance sh*t | 2,062 Posts
Peace Yo!
- #8,323
- Aug 30, 2012 11:54am Aug 30, 2012 11:54am
- | Joined May 2012 | Status: Ball reader | 1,034 Posts
*terms and conditions apply
1.0284 done, expecting some pull ups or maybe another "fandango" before reaching 1.0216*
*terms and conditions apply
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Tomorrow is friday. May be a quiet day. Might even get a little relief rally. The short term indicators are smack dab on the floor.
- #8,325
- Aug 30, 2012 12:10pm Aug 30, 2012 12:10pm
- | Joined May 2012 | Status: Ball reader | 1,034 Posts
BULLS - you're mighty silent right now. (chirp chirp) The seasonals and cycles warned of this bear move more than a year ago. Are you still a non-believer???
Cheer up - don't worry, the bear cycle ends about sept 13. I'm going to join you then. Cheers !!!
That bear was mighty silent too on the journey from 1.03xx to 1.06. He was so silent that the bulls had found it so damn difficult to spot him. Some thought that he might had worn a bull mask in order to blend in.
BUT.......now he's back! Tapping himself on the chest and roars louder than before...
I remember there was a bear in the end of July, the bear roared when we were at 1.03xx at the time, then the price shot up to 1.06.
That bear was mighty silent too on the journey from 1.03xx to 1.06. He was so silent that the bulls had found it so damn difficult to spot him. Some thought that he might had worn a bull mask in order to blend in.
BUT.......now he's back! Tapping himself on the chest and roars louder than before...
The seasonal cycle I have said to sell the 1st week in August and get out of the short sell sept 13th. Long term cycles are accurate within 1-2 bars. This one was one weekly bar off - it topped the 2nd week of august and is still intact and working very very well. Its ending date could possibly be a week later now, so I'm looking at a TF from 9/13 - 9/21 for the bull run to resume. The bear never was silent and still isn't.
HOWEVER - If you look at the weekly chart, you'll see the highest weekly close of the last leg up was the week starting on july 29. All weeks since then have been lower closes. The cycle was dead on accurate.
- #8,328
- Aug 30, 2012 12:35pm Aug 30, 2012 12:35pm
- | Joined May 2012 | Status: Ball reader | 1,034 Posts
The seasonal cycle I have said to sell the 1st week in August and get out of the short sell sept 13th. Long term cycles are accurate within 1-2 bars. This one was one weekly bar off - it topped the 2nd week of august and is still intact and working very very well. Its ending date could possibly be a week later now, so I'm looking at a TF from 9/13 - 9/21 for the bull run to resume. The bear never was silent and still isn't.
maybe he was never silent, but he sure is louder now
- #8,329
- Aug 30, 2012 12:39pm Aug 30, 2012 12:39pm
- | Joined May 2012 | Status: Ball reader | 1,034 Posts
HOWEVER - If you look at the weekly chart, you'll see the highest weekly close of the last leg up was the week starting on july 29. All weeks since then have been lower closes. The cycle was dead on accurate.
Uhhhmm..okay...
maybe he was never silent, but he sure is louder now
He should be louder now. The bulls refused to heed the warning signs. The nice bear was trying to help the bulls avoid disaster but only got angry reactions from the stubborn bulls. Sad, aint it ???
- #8,331
- Aug 30, 2012 12:52pm Aug 30, 2012 12:52pm
- | Joined May 2012 | Status: Ball reader | 1,034 Posts
He should be louder now. The bulls refused to heed the warning signs. The nice bear was trying to help the bulls avoid disaster but only got angry reactions from the stubborn bulls. Sad, aint it ???
they sure did have a nice bull party at the time..I can see that the bear had some nice intentions to warn the bulls, but the bulls were angry because the bear gave the warning too early..
It's like telling the bulls to sleep while there was still plenty of grass to consume
Indeed he should be louder now, but....the 300 pips run up didn't hurt the bulls did it?
I can see that the bear had some nice intentions to warn the bulls, but the bulls were angry because the bear gave the warning too early..
It's like telling the bulls to sleep while there was still plenty of grass to consume
Back in mid july, the bear said a kick down cycle was coming due "at or near" the first week in august. 'BEFORE' the bull run was complete. The friendly bear never said the bull party was over in mid july - he only warned that the end is near. Scroll back to july and read the posts. Its not the friendly bears fault that the bull misinterpreted his words.
- #8,335
- Aug 30, 2012 1:11pm Aug 30, 2012 1:11pm
- | Joined May 2012 | Status: Ball reader | 1,034 Posts
Back in mid july, the bear said a kick down cycle was coming due "at or near" the first week in august. 'BEFORE' the bull run was complete. The friendly bear never said the bull party was over in mid july - he only warned that the end is near. Scroll back to july and read the posts. Its not the friendly bears fault that the bull misinterpreted his words.
well I guess the bulls should thank the friendly bear now..
- #8,337
- Aug 30, 2012 1:16pm Aug 30, 2012 1:16pm
- | Membership Revoked | Joined Jan 2011 | 31,935 Posts
He should be louder now. The bulls refused to heed the warning signs. The nice bear was trying to help the bulls avoid disaster but only got angry reactions from the stubborn bulls. Sad, aint it ???
http://www.forexfactory.com/attachme...9&d=1346310509
daddybearforex. com
aaaah....OK then if that's the case
well I guess the bulls should thank the friendly bear now..
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LOL
