Comments on: SP500 Midweek Color Bars http://blog.afraidtotrade.com/sp500-midweek-color-bars/ Helping traders overcome fears and emotions in trading Wed, 08 Feb 2012 09:26:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: tony http://blog.afraidtotrade.com/sp500-midweek-color-bars/comment-page-1/#comment-185859 tony Thu, 12 Mar 2009 18:34:56 +0000 http://blog.afraidtotrade.com/?p=3719#comment-185859 I bet, a new declinig big wave is over, but not now, may be in months I know, there´s a wave B-up, before, that, BUT HERE IS THE QUESTION: We are going to see new lows in days after the bounce in short-term?, before the waveB -up unfolds. Forgot to write great post. Looking forward to seeing the next one! I bet, a new declinig big wave is over, but not now, may be in months I know, there´s a wave B-up, before, that, BUT HERE IS THE QUESTION: We are going to see new lows in days after the bounce in short-term?, before the waveB -up unfolds.
Forgot to write great post. Looking forward to seeing the next one!

]]> By: tony http://blog.afraidtotrade.com/sp500-midweek-color-bars/comment-page-1/#comment-185820 tony Thu, 12 Mar 2009 17:36:03 +0000 http://blog.afraidtotrade.com/?p=3719#comment-185820 I bet, a new declinig big wave is over, but not now, may be in months I know, there´s a wave B-up, before, that, BUT HERE IS THE QUESTION: We are going to see new lows in days after the bounce in short-term?, before the waveB -up unfolds. I bet, a new declinig big wave is over, but not now, may be in months I know, there´s a wave B-up, before, that, BUT HERE IS THE QUESTION: We are going to see new lows in days after the bounce in short-term?, before the waveB -up unfolds.

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/sp500-midweek-color-bars/comment-page-1/#comment-185806 Corey Rosenbloom Thu, 12 Mar 2009 16:33:05 +0000 http://blog.afraidtotrade.com/?p=3719#comment-185806 Tony, There's legitimate debate in the Elliott Wave Community whether or not the final wave down to finish the 5th Wave will be the end of the 5-wave decline from 2007, or whether it will be the end of a horrendously extended 3rd Wave, meaning we're about to hit an ABC Wave 4 up (that could take us to 1,000 - 1,100 on S&P) then we go to new lows in the final Wave 5, perhaps in late 2009 or early 2010. Plus, it just gives me cover to use the word "intermediate" instead of "absolute" bottom. I mean, who wants to stick their neck out to call a bottom?! Well, besides people doing it every day on TV. Tony,

There’s legitimate debate in the Elliott Wave Community whether or not the final wave down to finish the 5th Wave will be the end of the 5-wave decline from 2007, or whether it will be the end of a horrendously extended 3rd Wave, meaning we’re about to hit an ABC Wave 4 up (that could take us to 1,000 – 1,100 on S&P) then we go to new lows in the final Wave 5, perhaps in late 2009 or early 2010.

Plus, it just gives me cover to use the word “intermediate” instead of “absolute” bottom.

I mean, who wants to stick their neck out to call a bottom?!

Well, besides people doing it every day on TV.

]]> By: tony http://blog.afraidtotrade.com/sp500-midweek-color-bars/comment-page-1/#comment-185804 tony Thu, 12 Mar 2009 16:16:56 +0000 http://blog.afraidtotrade.com/?p=3719#comment-185804 It was me, sorry, I didn´t understand the significance of an intermediate bottom; do you think, we will see new lows as I pointed, below 7.469 in the industrials and below 666 in SP500. Tks It was me, sorry, I didn´t understand the significance of an intermediate bottom; do you think, we will see new lows as I pointed, below 7.469 in the industrials and below 666 in SP500.

Tks

]]> By: Anonymous http://blog.afraidtotrade.com/sp500-midweek-color-bars/comment-page-1/#comment-185803 Anonymous Thu, 12 Mar 2009 16:11:01 +0000 http://blog.afraidtotrade.com/?p=3719#comment-185803 ¿What do you mean when you say intermediate bottom? Tks. ¿What do you mean when you say intermediate bottom?

Tks.

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/sp500-midweek-color-bars/comment-page-1/#comment-185796 Corey Rosenbloom Thu, 12 Mar 2009 15:47:01 +0000 http://blog.afraidtotrade.com/?p=3719#comment-185796 Tony, It looks like that's the most likely view. A rally here up into resistance and then a wash-out final wave down to make new lows, trigger capitulation, and put in perhaps at least an intermediate bottom. Glad to have you from Spain! Tony,

It looks like that’s the most likely view. A rally here up into resistance and then a wash-out final wave down to make new lows, trigger capitulation, and put in perhaps at least an intermediate bottom.

Glad to have you from Spain!

]]> By: tony http://blog.afraidtotrade.com/sp500-midweek-color-bars/comment-page-1/#comment-185778 tony Thu, 12 Mar 2009 15:15:21 +0000 http://blog.afraidtotrade.com/?p=3719#comment-185778 Let´s take the bounce is SP500, in DOW, DAX, CAC 40, FTSE, IBEX, NASDAQ and we´ll see AFTER the real capitulation around 620-640 SP500, 6.000-6.200 INDUSTRIALS, even below, fibo 0,618 since 1.982. From Spain, Tks a lot. Let´s take the bounce is SP500, in DOW, DAX, CAC 40, FTSE, IBEX, NASDAQ and we´ll see AFTER the real capitulation around 620-640 SP500, 6.000-6.200 INDUSTRIALS, even below, fibo 0,618 since 1.982.

From Spain, Tks a lot.

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