|
|
| Discuss Black Monday at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello dear fellows, It very possible that we are going to see "a lot of ... |
|
|||||||
| Notices |
| Equities Discuss & analyse stock market news, views, trends and your favourite stocks here. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
27th November 2006, 12:57 AM
|
|||
|
|||
Black Monday
Hello dear fellows,
It very possible that we are going to see "a lot of blood on the stocks" tomorrow. If my interprets are correct, the Nikkei just yelled SELL signal at weekly chart (MACD) and SP500 followed (daily; RSI14 and CCI) and also DAX agreed (daily; RSI, CCI, Williams R%). If you look at Elliott Wave side of the view, you can see that the SP500 and DAX are making impulse which is doing w5 right now and can be considered now ready. This should at least make you worried. I dont follow the sensex but if I can remember right, the pattern were pretty much similar in there. So... you are now alarmed. If fall will start, it will be quick and dirty. Dont hesitate to sell. tnx, therek  |
|
#3
27th November 2006, 11:09 AM
|
|||
|
|||
Re: Black Monday
hi friend,
 elliot wave is highly subjective and it's like a time bomb - even experts dont know which wire to cut for diffusion ! i suggest you to trade and not predict the markets!!!! Elliot wave works best on weekly charts and according to me , it should be one of your trading tool to know the general market trend as up or down or sideways up , sideways down!!! once this is know, use the trend following indicator when genereal trend is up or down like MACD , MA on daily charts and when markets are sideways or volatile use range bound osci like RSI , Stochastic , ROC , Momentum etc. on daily charts.  the price and time prediction by elliot wave is dangerous as it can rub all the capital !!!! regards, winston |
|
#4
27th November 2006, 12:25 PM
|
|||
|
|||
|
Re: Black Monday
Therek
Perhaps you would consider posting a chart with notations to substantiate your views.... then we could all learn.. thanks |
|
#5
27th November 2006, 03:54 PM
|
|||
|
|||
|
Re: Black Monday
hello world,
this is the only graph that I have now to share. the pitchfork is placed wrong so, pls, dont bother to struggle on that. http://img225.imageshack.us/img225/8207/untitleduv7.png Now, when Tokyo has closed, this thread can be closed as "just one stupid warning thread". |
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Black Monday
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Friday's over, Monday beckons !! | jaideep | General Chit Chat | 10 | 3rd October 2005 02:31 PM |
| Monday Picks | superkap | Introductions | 4 | 17th July 2005 01:15 PM |
| 0.1 per cent tax on withdrawals: Will it curb black money? | Neal | General Chit Chat | 3 | 1st March 2005 09:43 PM |
| PSU Bank stocks to gap up on Monday ?? | TATrader | Current Affairs | 0 | 14th August 2004 07:44 AM |
| Market CRASH!!-Black Monday | Neal | General Trading & Investing Chat | 1 | 17th May 2004 08:38 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
