Disqus - Latest Comments for playtowin

Re: E-minis (Thanksgiving Edition)

playtowin — Thu, 26 Nov 2009 12:39:02 -0000

They could pretty quickly shrug Dubai off if it is perceived to be more of a Europe problem than US problem.
Due to the cycles I am leaning towards your count that has P2 ending next year.

Re: Elliott Wave Update ~ 23 Nov

playtowin — Mon, 23 Nov 2009 20:16:10 -0000

Dan you had some great work on the Nikkei over the weekend. It seems to have detatched from every single global indice and is now trading down for 10 straight days (yesterday was a holiday in Japan) and even today is again negative and with a falling Yen. I can't see a short term wave count that makes any sense and I can't see it falling straight to 8700 from here either. Any thoughts?

Re: Elliott Wave Update ~ 13 November

playtowin — Sat, 14 Nov 2009 15:05:28 -0000

Dan are you out of your Amazon shorts? You still thinking 136 and if so is that number based on a fib level or something. I can't see why it can't go even further into the stratosphere at this rate.

Re: Elliott Wave Update ~ 11 November

playtowin — Wed, 11 Nov 2009 20:08:42 -0000

well if you are right the swift change needs to come immediately - euro looks very bullish and appears to have another leg left to do to the upside.

Re: Elliott Wave Update ~ 11 November

playtowin — Wed, 11 Nov 2009 19:57:36 -0000

I would love for you to be right but USD is again making new lows, and the ES is climbing so hard to see it.

Re: Elliott Wave Update ~ 11 November

playtowin — Wed, 11 Nov 2009 16:52:11 -0000

I can work this count in with cycles. Looking at your two charts it appears we have a small amount of downside to come next to complete iv?

Re: Elliott Wave Update ~ 23 October

playtowin — Sat, 24 Oct 2009 17:52:04 -0000

'not something i would ever do' - I am not sure what you are referring to? I was saying I could not see it getting to 130 on this run - Dan has said he thinks it could run into the 130's and I don't see that his charts have resistance until then. Generally however when people start talking crazy prices its is the sign of a top.

Re: Elliott Wave Update ~ 23 October

playtowin — Sat, 24 Oct 2009 12:32:10 -0000

Nice commentary Rodmann. Do you see Amazon as high as 130 before it turns down. I would just be surprised if it continues to run come Monday.

Re: Elliott Wave Update ~ 23 October

playtowin — Sat, 24 Oct 2009 12:30:26 -0000

that maybe true but this October has been anything but typical so why should next week be any different?

Re: Elliott Wave Update ~ 15 October

playtowin — Thu, 15 Oct 2009 20:50:12 -0000

Pug just looking at your count again white wave 3 looks to be the shortest and that can't happen.

Re: Elliott Wave Update ~ 15 October

playtowin — Thu, 15 Oct 2009 20:43:06 -0000

Pug - do you think we have topped today then? no gap up tomorrow? and then your retrace for 4 looks to be to about 1000?

Re: Elliott Wave Update ~ 9 October

playtowin — Fri, 09 Oct 2009 20:55:38 -0000

whoops posted in the wrong place. do you have a chart of a target for 5?

Re: Elliott Wave Update ~ 9 October

playtowin — Fri, 09 Oct 2009 20:54:50 -0000

do you have a chart pez or if not what is your target?

Re: Squiggle Count

playtowin — Fri, 02 Oct 2009 00:09:22 -0000

Its difficult to tell from your chart and the comments on it what your count is Andy. Target 1020 and we can't move back above 1045 as you state implies a bearish count and yet your comments above imply you think we are only in a correction and move higher.

Re: Elliott Wave Update ~ 1 October

playtowin — Thu, 01 Oct 2009 21:45:20 -0000

glk - now you have me worried as you have been convincingly bearish!

Its very interesting to look at the alternatives however and thanks Pug for laying them out. Appreciated.

Re: Elliott Wave Update ~ 1 October

playtowin — Thu, 01 Oct 2009 21:35:02 -0000

apparently LD's and ED's can overlap which I had not realized.

Re: Elliott Wave Update ~ 1 October

playtowin — Thu, 01 Oct 2009 20:26:57 -0000

Pugridiron - I asked a question further down before I saw your post. There is much talk about the bullish count being off the table due to wave iv now going below wave i. How do you reconcile this with your count? I am thinking the bearish count does not look as clear as many want to say right now but I am worried about the overlap.

Re: Elliott Wave Update ~ 1 October

playtowin — Thu, 01 Oct 2009 20:23:29 -0000

amature - I too would like the question answered regarding 1-4 violation. Do you see a bullish alternative that would allow for that violation.

Re: Elliott Wave Update ~ 16 September

playtowin — Wed, 16 Sep 2009 20:05:05 -0000

Why don't you ask wags - you were all over him whilst he was trashing Dan and everyone on Kenny's site earlier.

Re: E-mini

playtowin — Fri, 04 Sep 2009 16:27:13 -0000

I am long nat gas futures. I agree with Pez on this one. It isn't going to fall forever and cycle lows are due in September for nat gas.

Re: E-mini

playtowin — Fri, 04 Sep 2009 13:41:34 -0000

question - if we are by chance in wave v up to new highs isn't it likely that we would be seeing divergences anyway as this would mark the end of a major move? I guess what I am asking is wouldn't we see the same technical divergences in a wave 2 or 5?

Re: E-mini

playtowin — Fri, 04 Sep 2009 13:34:20 -0000

Jay I suspect the market will do its best as usual to fake us all out. How about a move to around 1025 where we all believe 2 should end? then it pulls back making us all believe the top is in only to then reverse hard to the upside again on its way to new highs for v. Its just a thought but I because I have been caught out so many times trying to use EW alone I now keep a very close eye on the cycles to try and tie it all in.

Re: E-mini

playtowin — Fri, 04 Sep 2009 13:21:49 -0000

Jay respectfully most everyone was calling for a lower low today. I saw nobody who said it was over at 992 yesterday.

Re: E-mini

playtowin — Fri, 04 Sep 2009 13:07:40 -0000

As the cycles to the upside have been much stronger than those to the downside of late I am wondering whether the mid cycle low you were looking for is already in yesterday. My next cycle is a high due late September, this could end a little sooner if we are as I suspect on our way to new highs in wave v.

Re: E-mini

playtowin — Fri, 04 Sep 2009 12:46:25 -0000

I am complimenting you Piotr as you said we would put in a low in this timeframe and you seem to have it right.