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02/01/2013 Live Update

TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 02/01/2013 Live Update

Post by TraderGirl »

kenttown wrote:
TraderGirl wrote:I still have not given up on treasuries...I have no position, been waiting for a bottoming pattern...

There is a bottom here somewhere...
Sharp charts TG, see ya!
:D :D
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 02/01/2013 Live Update

Post by Heck »

uempel wrote:Sorry Heck, but these automatized P&F targets are always wrong. P&Fs are great for support/resistance, but these automatized targets never make sense. I've been following them since the initiation of stockcharts. Most important message from P&F at the moment is support 1472 and resistance 1560ish...
BullBear52x wrote:
Heck wrote:
BullBear52x wrote:IHS, I saw it, mentioned it once, don't think it will hit the target,but......I will not say that it won't now
SPX PnF target since 16 Nov 2012 1,547.69, then 1740:

http://stockcharts.com/webcgi/Pnf.asp?S ... =A&B=1&N=C

http://stockcharts.com/webcgi/Pnf.asp?S=$SPX

Too many people still looking to trade the top...
great charts, Nice! same target in all TA aspects, well, the market will either go there or not at all. or went right through it as it always do. :D
PnF targets lag and are right the majority of the time for intermediate and longer trading.
Learned PnF from an old mentor who made a fortune in the 1960's market.
Rich old-timers use PnF.
PnF used since Aristotle's time to trade olive futures.
Nothing always wrong, or always right for that matter, except a closed mind...;

http://os24.org/files/a-z/investment/Th ... ing-EN.pdf

USD PnF Target 103 suggests a market pullback:
http://stockcharts.com/freecharts/gallery.html?s=%24USD

"Re: 11/15/2012 Live Update
by Heck » Fri Nov 16, 2012 1:17 pm

Thanksgiving rally?:"

http://richcash8tradeblog.blogspot.com/

...
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