Thread: Whipsaw's Account Talk

Originally Posted by FogSailing

At that point, maybe I'll get some clue about what Elliott Wave we are really in, or is it a triangle within a triangle within a triangle.

that is the main problem with the wave systems i see, you never know which wave until after it crashes you on the beach.

This waiting around for Yellin is getting on my nerves. I think JTH is on the right track; retesting the lows is likely a red herring at this point.

Looks like a 'pay now or pay later' scenario according to David Stockman... No rate changes give us a short releif rally, but ultimately results in a huge crash; as opposed to raising rates which results in market decline... May have to park in G & F till I retire! =:-o

Stockman: Markets in store for huge correction if Fed doesn't raise rates - Yahoo Finance

Check out Tsunami's thread, the Ciovacco video is pretty good, an interesting, objective analysis of the markets.

Hmmmmm... it was heading up, now... not so much. Could this be related?

Three Fed officials on board for rate hike before year-end - MarketWatch

Originally Posted by Whipsaw

Hmmmmm... it was heading up, now... not so much. Could this be related?

Three Fed officials on board for rate hike before year-end - MarketWatch

More bombastic parfoonery. It aint gittin raised...

Days like today are a good example of why I avoid the F-train... Stocks up in the morning, F is heading south, stocks go south in the afternoon, F is still heading south...

Yep...I've been hit by that F train wreck one time too many! WhenI am out...I am out!!

Originally Posted by Whipsaw

Days like today are a good example of why I avoid the F-train... Stocks up in the morning, F is heading south, stocks go south in the afternoon, F is still heading south...

Article point to many issues w/the market ranging from reduced growth estimate in China to associated materials/commodities in Europe and sympathetic Auto stocks drops related to VW.

http://www.cnbc.com/2015/09/22/us-markets.html

Yes...I think I read a newsfeed that said China numbers come out on Thursday!! Will be watching futures. Could be risky to jump in before then. Oh.....per the Lunar cycle ( aka..the moon madness market method), the next buy date is Oct 1.....lol........hey...if it works who is to say.... Could be better than throwing down bones!!!

S&P ~ 1800...

http://www.cnbc.com/2015/09/22/look-...m-paulsen.html