The Big Picture OR Long Term Charts

Disclaimer:
There are no "premium services", there is no usual "panhandlers' Donate button".
I am not selling anything, nor I require external money flows.
I trade.
All (if any) revenues from this site go to the cause - help recovering drug addict in my family to return to the path of righteousness (since I cut off all means of help a while back - this is the only monetary help for that person).

All I try to do on this website is to share my views on the markets' directions (which, of course, are just opinions and not recommendations for trades in any shape or form - read legal stuff at the bottom of front page)

You will not read here about "what happened"
(like on most of others so called investment/trading websites )
you will read what I THINK WILL HAPPEN

ENJOY

The tape tells the truth, but often there is a lie buried in the human interpretation
~~Jesse Livermore~~
 
In the spirit of always thinking outside the herd box and looking at the bigger picture - here is new long term chart (last chart was published back in Septemeber 2013 if memory serves me right.
Today is September 3rd 2020
Interesting...September again....
Enjoy


 
 
Below chart posted n September 2013 - looks like it worked just the way I thought it would - when everyone was still waiting for "return of Jedi of bear market" - I went all in long and it did pay off handsomely. The moral - have your own damn opinion - stop listening for "market gurus" - those who can - trade - those who can not - sell

Very long term... I mean - VERY LONG TERM
Beware of "Hockey sticks"!
Choose your color (my choice is GREEN, but my choice is mostly wrong, so - yellow that WILL BE )


Long term inflation adjusted chart - we started NEW D-WAVE!





medium term - correction is upon us

I expect move down to last until the end of September - beginning of October
Middle to end of October (<== updated Aug 17,2013)
and bring (SPX) down to 1410 intraday low

I will post my trading moves below as daily Dwave ABC (see chart above) progresses for 
"public audit"

August 2nd 2013
I am going out on a limb and say: August 2nd or August 5th is an intermediate top with buy point August 22-27

Either today (if we close down few points) or tomorrow dwave A will print, so according to my plan I substantially trimmed down onAll /es shortrest of pcln putsall sept spy puts (holding dec)And some other short position I did not mention on my site
August 28th http://www.trading-to-win.com/2013/08/bias-update.html

I expect sizable bounce to start (well - it started today really)
Energy/Utilities started to move today due to earlier Buy Setups completions, Financials will move up tomorrow ...Emerging markets will follow
I will be long with moderate position till around September 9th.

September 6th 2013 and DISQUS comment Sep 6th during the day
I went short after 2PM today with slightly more than  1/2 of intended position and will press on Monday if it plays out the way I see it.

Sep9th 10AM Completed short positions into Sep 18th close to OpEx
Could not have asked for better secondary entries (if it will work indeed)

blog comments OCCASIONALLY powered by Disqus