| To: AdvocatusDiaboli who wrote (14732) | 8/31/2017 9:41:23 PM | | From: Rising Seas | | | | Zman, I agree with AD, that you are unique on SI in putting your predictions out there in a clear, unambiguous manner, don't let the critics get to you, many, including me, value your views.
In regard to stock market, I don't have your analytical savvy, but my numerical analysis suggests that we may not see significant hard down until after September option expiration. |
| | Zman Market Timing | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: Rising Seas who wrote (14734) | 8/31/2017 10:23:28 PM | | From: BEARS GROWL | | | | | This market has abolished the bears ,,,i was wiped away after Trump won.. I did things I have never done before and so did the markets ...and i paid with my life! Z man was bear then but he switched gears before i did ..Only recently did he become a bear again....and I believe that view may have merit at this juncture when this thing unravels it will be fast and furious and all the mockers will be taken to the woodshed ,,sadly I wont be participating |
| | Zman Market Timing | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: zman69 who wrote (14727) | 8/31/2017 10:54:26 PM | | From: solar_power_guy | | | | Biotechs sector has shown a lot of accumulation and is now strongly trending up. There has been no distribution in the biotech sector and with Gilead paying 12 billion for Kite Pharma speculation seems to have taken over. For zman's scenario to play out watch the bio techs, if these have a climactic reversal on high volume, then a bearish market is likely. Unfortunately for the bear scenario looking at the weekly charts of IBB, LABU, XBI etc show biotechs breaking out of trading ranges with the possiblity of much higher levels. For zmans scenario to play out I believe biotechs have to reverse here and revisit the bottom of the trading range.
Other high beta sectors like semis, FANG stocks indicate resumption of their uptrends. With these many bullish chart patterns I have a hard time seeing zman's bear scenario play but I have a lot of respect for his work so though I am long I will not hesitate to reverse my positions if I start seeing reversal tails. |
| | Zman Market Timing | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: RWS who wrote (14739) | 9/1/2017 2:29:46 AM | | From: humble1 | | | | one little problem, that is not three white soldiers. the bodies must overlap to meet the definition:
thepatternsite.com
the gapper upper and volume spike look more like an exhaustion gap and capitulation by worn out shorts who just want to go to the beach and party and watch football and lick their wounds. could be just a second retest of the resistance box defined by the 7/27 and 8/8 candles.
(if i do not reply, it is because some here are on "ignore." it's not personal, just business.)
|
| | Zman Market Timing | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |
