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Comments (9)

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srblack1960144
srblack1960144

If this rally holds up and fulfills other projections I'm seeing (for example, the SPX 65 minute chart, 42/28 offsets, will give a projection above 4700 if this 4650 level holds for a day), then @ES (223/255 and 386/441 offsets) will give projections up to 4900ish. Looks like the snowball is about to roll uphill thanks to a lot of pent up energy from the pullback. Some may be frustrated, but Peter's software is invaluable to catch the turns and stay on the right side.

jshemanski49196
jshemanski49196

Trying to time the market based on projections that are consistently invalidated does not seem sensible to me.

porkchopapplesauce1730
porkchopapplesauce1730

it's seems like it could or it may but if it doens't then something else will happen. well. can scare people out of their posistions. is that helpful? how much money have people made with this strategy

nathanjhenry1723
nathanjhenry1723

porkchopapplesauce1730 said:

it's seems like it could or it may but if it doens't then something else will happen. well. can scare people out of their posistions. is that helpful? how much money have people made with this strategy

srblack1960144 said:

If this rally holds up and fulfills other projections I'm seeing (for example, the SPX 65 minute chart, 42/28 offsets, will give a projection above 4700 if this 4650 level holds for a day), then @ES (223/255 and 386/441 offsets) will give projections up to 4900ish. Looks like the snowball is about to roll uphill thanks to a lot of pent up energy from the pullback. Some may be frustrated, but Peter's software is invaluable to catch the turns and stay on the right side.

That's not really useful. I bought 450 March puts when the downside was confirmed. Now I'm down 2k for no reason, as buying the dip for someone with no market strategy paid off significantly better

porkchopapplesauce1730
porkchopapplesauce1730

i looked at this stuff before and it didnt help me god bless those that didnt' get scared out of their posistions. i guress this is a trading platform. for god sake ill never look at this again. doens't help investors. especilly when every few months there is a top.

porkchopapplesauce1730
porkchopapplesauce1730

i looked at this stuff before and it didnt help me god bless those that didnt' get scared out of their posistions. i guress this is a trading platform. for god sake ill never look at this again. doens't help investors. especilly when every few months there is a top.

elchico714622
elchico714622

porkchopapplesauce1730 said:

i looked at this stuff before and it didnt help me god bless those that didnt' get scared out of their posistions. i guress this is a trading platform. for god sake ill never look at this again. doens't help investors. especilly when every few months there is a top.

I know what you saying… it’s not going to go straight down though. I got puts today so hopefully we still get that downside.

porkchopapplesauce1730
porkchopapplesauce1730

i think the downside is now invalidated

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