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The "WOLF" Finally came! Poor Little PIIGS !! "Rome (EU) is burning!" Rate this Topic:
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signaltap
Posted : Tuesday, November 16, 2010 10:12:55 AM
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Joined: 3/16/2006
Posts: 2,214
traderm30
Posted : Tuesday, November 16, 2010 10:54:59 AM
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Joined: 1/12/2009
Posts: 235
George Soros?
Apsll
Posted : Friday, November 19, 2010 6:00:03 PM

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Joined: 3/21/2006
Posts: 4,308

How are you Signaltap?

You have been forcasting doom for some time now and I am trying to see what you are in the charts and I just cannot find it. I am seeing a possitive divergence on the MACD and long term stochastic as shown in my chart below. I see this divergence even in your chart. Your Stochastic roll-over has "whip-sawed". The MACD showed us a negative divergence in the second to third quarter 2009 that only led to higher prices. In my opinion you should not give merrit to a MACD divergence when comming off a "V" bottom as the initial thrust will be steeper than the follow up action just due to the nature of the pattern.

Just sharing my observations and not trying to start trouble. In fact I would love to read your rebutal in reference to my point of view on this.

Apsll
Posted : Friday, November 19, 2010 6:08:30 PM

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Joined: 3/21/2006
Posts: 4,308
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