StockFetcher Forums · General Discussion · STOP !!!! .... We Need To Work as a TEAM !!!!<< 1 2 >>Post Follow-up
5 posts
msg #88376
Ignore dtajgroup
2/18/2010 5:16:36 PM

The Market we are in Highly Correlates to the 1937 to 1942 Stock Market !!!!

We need to work together over the next 2 to 4 Weeks to develop a system for this Market. THIS IS NO JOKE.

PREDICTION : The market will make a NEW closing high before the end of March 2010. Wave 4 just finished 1 week ago and

we just finished the first LEG up of Wave 5 today or tomorrow at the lastest. Leg 2 down should end aroung March 1,2010. Next

Leg up #3 should take us to new highs by middle of march.

(1) So far the RSI(2) systems seem to be the best so far.

Lets work together so everyone will benefit.


David Mc
(Jesus is Lord !)

101 posts
msg #88380
Ignore campbellb75
2/18/2010 6:35:21 PM

Tell us about your returns in the 1937 - 1942 market?

5 posts
msg #88381
Ignore dtajgroup
2/18/2010 6:39:31 PM

Please serious replies only. We need to help out each other.

63 posts
msg #88383
Ignore dickysofa
2/18/2010 6:47:15 PM

7,049 posts
msg #88393
Ignore karennma
2/18/2010 10:25:45 PM

Here's a "serious" reply ...
"New" highs??? Ha!!
I have my doubts. The market is already up 60% from it's March '09 low.
LOOK AT THE CHART BELOW of 1937 to 1943.
It's NOT pretty!
"Waves" and all, with E-W explanations ..

1937 - 1943 HERE

7,049 posts
msg #88395
Ignore karennma
2/18/2010 10:40:22 PM

If anyone knows HOW to do this ....
Please OVERLAY a chart of the DOW from 10-15-07 to present with previous chart I posted (1937-1942) above.
Yes, there are similarities ... mainly, we've already advanced 60% ... just like 1938.. !!
G*d help us if we repeat 1939 to 1942. (down 42% )

7,049 posts
msg #88396
Ignore karennma
2/18/2010 10:52:39 PM

actually it's 64% ... just like 1938!!

76 posts
msg #88427
Ignore Venice
2/19/2010 5:27:36 PM

My scans have been returning a lot of consolidation stocks this week and last.... General market for me seems to be trading sideways.

130 posts
msg #88433
Ignore Walid
2/19/2010 9:37:58 PM

I am not an Elliotician and I canít argue one way or another based on Elliot wave counting. But it seems to me that the market is in its way to develop a Head and Shoulder pattern. For S&P, the RS should be completed in the 1,120.00 area. With that said, letís not forget the failed Head and Shoulder back in July. Also I donít think that some similarities between the current charts and those from 30-40s does necessary mean that they will have the same fate and trace the same footsteps. Personally, I stopped trying to predict the long term market direction for now. The days will come again when doing this is both possible and profitable but for now I think there is too much irrationality in the markets. I was dead wrong, despite having the logic and fundamentals on my side, on evaluating the strength and the momentum of the last March uptrend. I got on almost every counter trend move hoping to ride it all the way back down. My net profit is a mediocre percentage of what I would have made if I just kept my brain shut and traded the price actions instead of my personal opinion of how the price should act. Currently, I am evaluating my positions daily and trade what I see not what I think. I got long S&P after the Hammer on 02/05. A reliable reversal pattern was confirmed by bouncing off the 200 EMA in relatively strong support area. IMHO, this was good enough buy signal. I am still in and will sell only when the chart gives me a technical signal to get out. This works for me for now.

4,689 posts
msg #88438
Ignore Eman93
2/19/2010 11:17:28 PM

Nice trade Wallid... we may be on our way to making the right sholder or even a double top... the MA(50) is putting up some resistance.

Trade what you see... its not that easy for me either, I tend to think my way out of good trades all the time.

Thats why a good system helps.... be like the rat.

If A+B+C happens then do D

StockFetcher Forums · General Discussion · STOP !!!! .... We Need To Work as a TEAM !!!!<< 1 2 >>Post Follow-up

*** Disclaimer *** does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. does not recommend particular securities., Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.

Copyright 2018 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus