3SOF

This was Melf Elf's response to me:

(I would like to tap into the Power of Now.

Ares,

Me, too. I would like to have the power to make UYG go down NOW

Ares,

The UYG is called down this morning on FNM's disappointing earnings. Since the Wave 5 Fakeout/Breakout on Friday, and close ju-ust above the pattern (see chart that I posted at my blog on Friday), the UYG is back well inside the Wolfe Wave and threatening to break below it this morning.

The breakdown at the bottom of the pattern looks like it would occur at about 34.215 in the first hour this morning (hourly chart). I can't measure the slope as accurately as I can with the Metastock charts, but that Wave #2 -Wave #4 trendline looks like it rises about five and half cents per hour.

UYG currently is BID 34.25...ASK 34.40, just above the breakdown, but we've got an hour and a half to go before the open, so that could change a lot.

Possible WolfeWave target #6 getting made on UYG's hourly chart:

I have been given a new assignment:

(I guess APPL made more sense to me than AAPL. (APPL, you just need to add an e). (grin).

Ares,

LOL. I type that symbol as APPL all the time. It does make more sense, but I guess Appell Petroleum got it first.

(ty for saving some of my brain cells and posting the wolfewave solution to my AAPL "assignment" sooner than I expected).

You're welcome. That was a real nice one.

(ps. Looking forward to another "assignment" and stimulate some of my brain cells that are still alive. lol)

Your next assignment, should you decide to accept it (ever see Mission Impossible?) is to find a Wolfe Wave in FSLR, in late 2007. You will be given more time on this one, to recharge your brain cells.

Good luck! == insert Mission Impossible music here ==

-------------------------------------------------------------------------------------------------------------------------

Anyone who could decipher it first, pls. post chart. (Race starts NOW). 

Recent orders:(as of 9:38am est)

Sell SKF at 98.99

Buy UYG at 33.83

--------------------------------------------

UYG filled at 33.83

My first mention of the "pincher movement":

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_Q/threadview?m=te&bn=20255&tid=260238&mid=260238&tof=1&frt=2#260238

Quote from: Ares on May 06, 2008, 09:38:15 AM
Recent orders:(as of 9:38am est)

Sell SKF at 98.99

Buy UYG at 33.83

--------------------------------------------

UYG filled at 33.83

Just placed an order to sell UYG at 35.32

Quote from: Ares on May 06, 2008, 11:21:38 AM

Quote from: Ares on May 06, 2008, 09:38:15 AM
Recent orders:(as of 9:38am est)

Sell SKF at 98.99

Buy UYG at 33.83

--------------------------------------------

UYG filled at 33.83

Just placed an order to sell UYG at 35.32

Looks like UYG gave me the first profit on my TD.

Out UYG at 35.32, from 33.83

Quote from: Ares on May 06, 2008, 12:14:14 PM

Quote from: Ares on May 06, 2008, 11:21:38 AM

Quote from: Ares on May 06, 2008, 09:38:15 AM
Recent orders:(as of 9:38am est)

Sell SKF at 98.99

Buy UYG at 33.83

--------------------------------------------

UYG filled at 33.83

Just placed an order to sell UYG at 35.32

Looks like UYG gave me the first profit on my TD.

Out UYG at 35.32, from 33.83

Just woke up (from my nap).

I gotta go to work soon.

Just updating my recent orders.

Sell SKF at 98.99, still open
Sell UYG at 37.49, open (new)
Buy UYG at 33.46, open (new)

TD update:

UYG
#1 at 29.11, open
#2 at 30.55, open
#3 at 33.45, open
#4 at 36.25, open
#5 at 33.83, out at 35.32 (first profit on TD) 

SKF
#1 at 116.05, open
#2 at 105.46, open
#3 at 98.41, open
#4 at 89.70, open

UYG hourly chart:

I hope this is the correct analysis on my FSLR assignment

Got back my FSLR assignment graded by Melf.

A+

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_Q/threadview?m=te&bn=20255&tid=260485&mid=260485&tof=1&frt=2

Cindy,

Here's a chart of your PGN and what I see as Higher Low and Lower High.

Jegejig

Attached is an excel watchlist (my most recent project).

This is another of my attempts to trade with consensus.

The rating out of 10 is mainly for a quick glance (but not accurate - since I may miss some set-ups or identify a correct T3ML,STEPS,G-PATTERN,MACD divergence).

Any suggestions are welcome.

ps. I don't know how to attach the whole page (without cutting some info out).

I tried to attach it as an excel file ( which didn't work).

Can it be converted to a .pdf file?

If so, how?

My most recent goal: To beat SkaterDaytrader's 58 rounds in one day. (lol)

I kept on joking about it but actually just tried to calculate how to beat it yesterday.

In order for me to make 60 round trips ( 1 round trip = 1 buy, and 1 sell) in one day, I have to do 1 round trip every 10 minutes for 10 hours OR 1 round trip every 5 minutes in 5 hours. 

No wonder Skate said 58 rounds is exhausting an is a full day's work.