Thursday, September 02, 2010

TBT

Below my TBT_15 trend model (along with Elliott Oscillator) which as you can see, has been nailing shorter-term moves:


TBT_15 Trend Model

What may be of particular interest here is the apparent triple top, except, triple tops are very questionable and there even may be no such animal.  If so, the forecast is for a break-out to higher levels, in accord with the bullish trend analysis.



7 comments:

Anonymous said...

All aboard! http://finance.yahoo.com/tech-ticker/stock-market-could-rally-%22quickly-if-there-is-a-soft-landing%22-says-ecri's-achuthan-535387.html?tickers=%5Edji,%5Egspc,spy,dia,%5Eixic,qqqq&sec=topStories&pos=9&asset=&ccode=
Probably a soft landing market will for sure go up.

misterr anonemouse said...

I see some sort of 'wave 5' completing soon in this movement. and maybe a correction back to the 30.75-31 area before any big movement Up.


its all a guess

lets say....as soon as your signal line hits 32
there will be a correction swing

Padre3210 said...

Allan - I am seriously considering a monthly subscription. I do not see any means for stopping, in the event that I do not wish to continue. How does someone end such a subscription?

PS - Your TBT recommendation has paid for the next few months of it. Thanks.

Padre3210 said...

I hope to hear from you. If not here, then at padre3210@yahoo.com. Ok?

Allan said...

Padre,

Sorry, been very busy today. You can stop your subscription anytime the same way you started it, by going to PayPal and "unsubscribing."

A

Anonymous said...

Fab work Allan. Any chance we can see the charts of some stocks where the model did not work?

Bernhard said...

hmhm VXX is acting up. Hope all is well Allan, seem very busy the past weeks. Hope to read some posts again soon.