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SS79976231410
Putting aside the 10 year is 1.26, A/D is meaningless when GOOG, MSFT, and countless other stocks have the profit expansion they have and selling at the value they are. You claim to be a master technician by trade. The movement in the futures market on Friday immediately prior to the opening was breathtaking as was the technical pattern of making up the weekly decline in the NDX in a single day exhibiting strongly that the bears were ALL trapped and these bears all ignoring the clear technical buy signal the market had just given. Fundamentals rule. Fundamentals trap the foolish bears all the time. If you are the master technician as you tell the world you are you need to start working harder and start recognizing basic technical indicators that were screaming an explosive rally was underway and stop falling back on blaming your software that you developed and claim predicts like no other for your own failures. Good luck to all.
rkautry584
not too long ago you were saying all upside projections were fulfilled and only loop projections were now possible you are still saying that but coming out with new projections. Bears are typically looking for tops thereby missing most of the bull market. In an interview with ike the system, not you was calling for much higher and you discounted those projections which were correct in spades. Forget the bearish disposition and just give the projections.
Jeff
On 4/17/21I believe the sp 500 had met the long term projection or was about to. The long term projection called for uppermost level guessing a little less than 200 pts from what you just projected this evening.
It is now August and we are still going up gradually, looping and re-looping and going up. The flaw in the projection system I have noticed is that a slow and steady upward bull market gives short term ups and downs, but no long term up or down signal.
I had stated months ago, we just want to know when is a good time to buy or to sell for investing. If the market crashes soon then all this frustration watching you tell us it is going down, and then it goes up for 4 days will be well worth it by preserving our capital. However, I have so far gotten no actionable info from the projections for my 401k for investing purposes since your long term projection at roughly 4300 that has been met and now exceeded.
Maybe we are in unique times and in a manipulated market, everyone is not sure. You have made good cases for the downside since April, but it keeps going up. Is it different this time, surely not.
The market will either continue to go up a lot, move sideways or go down quickly or gradually. Sure would like to see a long term actionable projection for that at some point. But the market will eventually speak, and we will know.
Last updated
daniel039209
I hear be long SPX and DIA and short QQQ lets get it going!
SS79976231410
Jeff said:
On 4/17/21I believe the sp 500 had met the long term projection or was about to. The long term projection called for uppermost level guessing a little less than 200 pts from what you just projected this evening.
It is now August and we are still going up gradually, looping and re-looping and going up. The flaw in the projection system I have noticed is that a slow and steady upward bull market gives short term ups and downs, but no long term up or down signal.
I had stated months ago, we just want to know when is a good time to buy or to sell for investing. If the market crashes soon then all this frustration watching you tell us it is going down, and then it goes up for 4 days will be well worth it by preserving our capital. However, I have so far gotten no actionable info from the projections for my 401k for investing purposes since your long term projection at roughly 4300 that has been met and now exceeded.
Maybe we are in unique times and in a manipulated market, everyone is not sure. You have made good cases for the downside since April, but it keeps going up. Is it different this time, surely not.
The market will either continue to go up a lot, move sideways or go down quickly or gradually. Sure would like to see a long term actionable projection for that.
Jeff said:
On 4/17/21I believe the sp 500 had met the long term projection or was about to. The long term projection called for uppermost level guessing a little less than 200 pts from what you just projected this evening.
It is now August and we are still going up gradually, looping and re-looping and going up. The flaw in the projection system I have noticed is that a slow and steady upward bull market gives short term ups and downs, but no long term up or down signal.
I had stated months ago, we just want to know when is a good time to buy or to sell for investing. If the market crashes soon then all this frustration watching you tell us it is going down, and then it goes up for 4 days will be well worth it by preserving our capital. However, I have so far gotten no actionable info from the projections for my 401k for investing purposes since your long term projection at roughly 4300 that has been met and now exceeded.
Maybe we are in unique times and in a manipulated market, everyone is not sure. You have made good cases for the downside since April, but it keeps going up. Is it different this time, surely not.
The market will either continue to go up a lot, move sideways or go down quickly or gradually. Sure would like to see a long term actionable projection for that.
Hey dude ... He has been doing this the same way for 40 years ... When the market did not take out last Thursday's low and moved dramatically on Friday morning to the upside the Bears were all trapped focusing on meaningless technical indicators ... Just because let's say Demark and keep Peter out of it says something has predictive value does not mean that it does ... Fundamentals prove time and time again they work ... The Friday pattern TECHNICALLY was as bullish as bullish can be and as a result the S & P is 150 points higher in four trading days and Elliot wave this and that is still having the people that do not know him short the market ... It is all rather sad !!!
SS79976231410
In late April GOOG was at 2050 and screaming bargain. It is now at 2850 and all they do is make money without even trying. Author is giving you A/D, Elliot Wave, shorting in explosive moves off of 50 day moving average AND bullish TECHNICAL pattern in the NDX that I do not think he even understands when all you had to do is park yourself in goog calls and similar bargains. It is all very troubling !!!
marttandpatel731
A quote from Wallstreet and Gorden Gekko " Bulls make money, Bears make.money, Pigs get slaughtered." I am not sure which way this craze market will go, but one thing that I do see is more and.more people are getting more and.more bullish and bears are in retreat. I do not take that as a great sign. Calling a market top is a fools game and no one really know. I have learnt this the hard way. SMC has been good for the upside, but terrible on the short side.You takes your bets and takes your chances. We are approaching a seasonal weak time in the market. I hope we do have a good correction, other wise this will not end well in the long run.🙂
Peter Eliades
Moderator
SS79976231410 said:
Putting aside the 10 year is 1.26, A/D is meaningless when GOOG, MSFT, and countless other stocks have the profit expansion they have and selling at the value they are. You claim to be a master technician by trade. The movement in the futures market on Friday immediately prior to the opening was breathtaking as was the technical pattern of making up the weekly decline in the NDX in a single day exhibiting strongly that the bears were ALL trapped and these bears all ignoring the clear technical buy signal the market had just given. Fundamentals rule. Fundamentals trap the foolish bears all the time. If you are the master technician as you tell the world you are you need to start working harder and start recognizing basic technical indicators that were screaming an explosive rally was underway and stop falling back on blaming your software that you developed and claim predicts like no other for your own failures. Good luck to all.
I don't know who you are, but you are one arrogant SOB. If you can show me when I ever called myself a "master technician," I will give you a year's free subscription to this unprecedented market software. Nothing has happened in the NDX that was not projected by the software, even at those times when I subjectively felt we might be at a final top. We are in that position again, so we will almost surely decline in NDX within the next 0.3%. Once that occurs, the following downside projections will tell us if it is a final high.
I have to assume you would be very surprised to learn that NDX went absolutely nowhere in the last month between the July 23 high and Friday of last week. The advance from there has followed the projections virtually perfectly. I can say with good confidence that we are again, as of the 8-25 close within 0.2% of a market top which, again, could be a final one. If not, the projections will once again let us know. You are more than welcome to post your arrogant predictions in these comments to see how they set up ahead of time. See to it, however, that you prdict ahead of time, not after the fact as you have been doing in these comments. Any idiot could do that.
dh5046
Jeff said:
SS79976231410 said:
Jeff said:
On 4/17/21I believe the sp 500 had met the long term projection or was about to. The long term projection called for uppermost level guessing a little less than 200 pts from what you just projected this evening.
It is now August and we are still going up gradually, looping and re-looping and going up. The flaw in the projection system I have noticed is that a slow and steady upward bull market gives short term ups and downs, but no long term up or down signal.
I had stated months ago, we just want to know when is a good time to buy or to sell for investing. If the market crashes soon then all this frustration watching you tell us it is going down, and then it goes up for 4 days will be well worth it by preserving our capital. However, I have so far gotten no actionable info from the projections for my 401k for investing purposes since your long term projection at roughly 4300 that has been met and now exceeded.
Maybe we are in unique times and in a manipulated market, everyone is not sure. You have made good cases for the downside since April, but it keeps going up. Is it different this time, surely not.
The market will either continue to go up a lot, move sideways or go down quickly or gradually. Sure would like to see a long term actionable projection for that.
Jeff said:
On 4/17/21I believe the sp 500 had met the long term projection or was about to. The long term projection called for uppermost level guessing a little less than 200 pts from what you just projected this evening.
It is now August and we are still going up gradually, looping and re-looping and going up. The flaw in the projection system I have noticed is that a slow and steady upward bull market gives short term ups and downs, but no long term up or down signal.
I had stated months ago, we just want to know when is a good time to buy or to sell for investing. If the market crashes soon then all this frustration watching you tell us it is going down, and then it goes up for 4 days will be well worth it by preserving our capital. However, I have so far gotten no actionable info from the projections for my 401k for investing purposes since your long term projection at roughly 4300 that has been met and now exceeded.
Maybe we are in unique times and in a manipulated market, everyone is not sure. You have made good cases for the downside since April, but it keeps going up. Is it different this time, surely not.
The market will either continue to go up a lot, move sideways or go down quickly or gradually. Sure would like to see a long term actionable projection for that.
Hey dude ... He has been doing this the same way for 40 years ... When the market did not take out last Thursday's low and moved dramatically on Friday morning to the upside the Bears were all trapped focusing on meaningless technical indicators ... Just because let's say Demark and keep Peter out of it says something has predictive value does not mean that it does ... Fundamentals prove time and time again they work ... The Friday pattern TECHNICALLY was as bullish as bullish can be and as a result the S & P is 150 points higher in four trading days and Elliot wave this and that is still having the people that do not know him short the market ... It is all rather sad !!!
I was not aware he had a history of doing this the last 40 years. I will have to do more research. Not seeing the $60/month as worth it. However, technical analysis is not predictive, it just shows what the market HAS been doing or gives a snapshot.
We are in a secular bull market with a majority of stocks overvalued. True average history PE value of sp500 is much lower. The bubble of sorts we are in, makes true value investing as I grew up doing, somewhat meaningless right now. Elliot wave is supposed to be predictive but often times the count just gets redone after the fact due to the subjectivity. But it does work more often than not, at least in recognizable patterns.
I still see anything except value investing as gambling. Peter claims to be different with the most useful and predictive method out there. My experience so far is not that.
My main financial advisor is a former hedge fund manager, and he has been spot on the whole time because he uses value investing but also considers the money supply and macroeconomics etc...but essentially buy and hold value and try to get out at large crashes.
Except right now the market is TINA (there is no alternative), economy is still reopening (sort of) and the oversupply of cheap money is driving the market up along with retail buying with no experience in bear markets. No one, absolutely no one knows, what a market is going to do with certainty, only value investing works.
Peter claims to know up to 80% accuracy or more sometimes. Given that valuations mean nothing, I felt his analysis might have some value in predicting large downturns or upturns. It appears it does a little. But I have not found it useful at all telling me when to invest funds in a buy and hold or swing trade situation since his long term prediction came true months ago. He did say he cannot predict tops. I would agree. I would also point out that the system cannot even tell one when to stay long or short.
dh5046
Guys, it seems fairly clear y'all are new to this game - so pump the breaks. Peter is right saying SS799 is way out of line, and judging by a lot of these comments it seems reasonable to guess none of you were around in 2007/8 and you sure as hell weren't around in '99. Only guys not around during those times can make the comments y'all are making, bc it seems fairly clear you haven't seen this kind of tape before. That's fine and all, but ease up. I smiled when I read the Google comment, bc I had the exact same chat on GOOG in 2007 when I was long at 300 (bc of the great fundies), then it went <150 (bc of the great fundies). His system is the system, use other tools to compliment on a host of different time frames. Just try to recognize that we're in the biggest monetary experiment literally in the history of the world so maybe a little patience before going rogue on dear Pedro. Frankly I think all the ridiculous comments further prove the point as to what inning we're in, and it reminds me how in late '99 and early 2000 Jeremy Grantham was getting redeemed IN SIZE by clients making the exact same arguments we're hearing by some on this board. Those custy's were back begging for access just 12-18months later after their pivot into the Jacobs Internet fund cost them dearly.
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Putting aside the 10 year is 1.26, A/D is meaningless when GOOG, MSFT, and countless other stocks have the profit expansion they have and selling at the value they are. You claim to be a master technician by trade. The movement in the futures market on Friday immediately prior to the opening was breathtaking as was the technical pattern of making up the weekly decline in the NDX in a single day exhibiting strongly that the bears were ALL trapped and these bears all ignoring the clear technical buy signal the market had just given. Fundamentals rule. Fundamentals trap the foolish bears all the time. If you are the master technician as you tell the world you are you need to start working harder and start recognizing basic technical indicators that were screaming an explosive rally was underway and stop falling back on blaming your software that you developed and claim predicts like no other for your own failures. Good luck to all.
not too long ago you were saying all upside projections were fulfilled and only loop projections were now possible you are still saying that but coming out with new projections. Bears are typically looking for tops thereby missing most of the bull market. In an interview with ike the system, not you was calling for much higher and you discounted those projections which were correct in spades. Forget the bearish disposition and just give the projections.
On 4/17/21I believe the sp 500 had met the long term projection or was about to. The long term projection called for uppermost level guessing a little less than 200 pts from what you just projected this evening.
It is now August and we are still going up gradually, looping and re-looping and going up. The flaw in the projection system I have noticed is that a slow and steady upward bull market gives short term ups and downs, but no long term up or down signal.
I had stated months ago, we just want to know when is a good time to buy or to sell for investing. If the market crashes soon then all this frustration watching you tell us it is going down, and then it goes up for 4 days will be well worth it by preserving our capital. However, I have so far gotten no actionable info from the projections for my 401k for investing purposes since your long term projection at roughly 4300 that has been met and now exceeded.
Maybe we are in unique times and in a manipulated market, everyone is not sure. You have made good cases for the downside since April, but it keeps going up. Is it different this time, surely not.
The market will either continue to go up a lot, move sideways or go down quickly or gradually. Sure would like to see a long term actionable projection for that at some point. But the market will eventually speak, and we will know.
Last updated
I hear be long SPX and DIA and short QQQ lets get it going!
Hey dude ... He has been doing this the same way for 40 years ... When the market did not take out last Thursday's low and moved dramatically on Friday morning to the upside the Bears were all trapped focusing on meaningless technical indicators ... Just because let's say Demark and keep Peter out of it says something has predictive value does not mean that it does ... Fundamentals prove time and time again they work ... The Friday pattern TECHNICALLY was as bullish as bullish can be and as a result the S & P is 150 points higher in four trading days and Elliot wave this and that is still having the people that do not know him short the market ... It is all rather sad !!!
In late April GOOG was at 2050 and screaming bargain. It is now at 2850 and all they do is make money without even trying. Author is giving you A/D, Elliot Wave, shorting in explosive moves off of 50 day moving average AND bullish TECHNICAL pattern in the NDX that I do not think he even understands when all you had to do is park yourself in goog calls and similar bargains. It is all very troubling !!!
A quote from Wallstreet and Gorden Gekko " Bulls make money, Bears make.money, Pigs get slaughtered." I am not sure which way this craze market will go, but one thing that I do see is more and.more people are getting more and.more bullish and bears are in retreat. I do not take that as a great sign. Calling a market top is a fools game and no one really know. I have learnt this the hard way. SMC has been good for the upside, but terrible on the short side.You takes your bets and takes your chances. We are approaching a seasonal weak time in the market. I hope we do have a good correction, other wise this will not end well in the long run.🙂
I don't know who you are, but you are one arrogant SOB. If you can show me when I ever called myself a "master technician," I will give you a year's free subscription to this unprecedented market software. Nothing has happened in the NDX that was not projected by the software, even at those times when I subjectively felt we might be at a final top. We are in that position again, so we will almost surely decline in NDX within the next 0.3%. Once that occurs, the following downside projections will tell us if it is a final high. I have to assume you would be very surprised to learn that NDX went absolutely nowhere in the last month between the July 23 high and Friday of last week. The advance from there has followed the projections virtually perfectly. I can say with good confidence that we are again, as of the 8-25 close within 0.2% of a market top which, again, could be a final one. If not, the projections will once again let us know. You are more than welcome to post your arrogant predictions in these comments to see how they set up ahead of time. See to it, however, that you prdict ahead of time, not after the fact as you have been doing in these comments. Any idiot could do that.
Guys, it seems fairly clear y'all are new to this game - so pump the breaks. Peter is right saying SS799 is way out of line, and judging by a lot of these comments it seems reasonable to guess none of you were around in 2007/8 and you sure as hell weren't around in '99. Only guys not around during those times can make the comments y'all are making, bc it seems fairly clear you haven't seen this kind of tape before. That's fine and all, but ease up. I smiled when I read the Google comment, bc I had the exact same chat on GOOG in 2007 when I was long at 300 (bc of the great fundies), then it went <150 (bc of the great fundies). His system is the system, use other tools to compliment on a host of different time frames. Just try to recognize that we're in the biggest monetary experiment literally in the history of the world so maybe a little patience before going rogue on dear Pedro. Frankly I think all the ridiculous comments further prove the point as to what inning we're in, and it reminds me how in late '99 and early 2000 Jeremy Grantham was getting redeemed IN SIZE by clients making the exact same arguments we're hearing by some on this board. Those custy's were back begging for access just 12-18months later after their pivot into the Jacobs Internet fund cost them dearly.
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