... why should i share that - most guys here mock our options anyway. I have been around here long enough. There is not respect for anyone option or ideas. Yeah, and we know who they are (the mockers) - here this site has become a dead place because of that.
Anyway, I must admit - my best trade last year and this year was done after I posted my trading ideas here - and it got knock down and laughed off by "mockers" for days on end - So i follwoed through with my trades and the rest is history - so they actually do you a favour - they help you believe in yourself only. Two single trades June 2011 and April 2012.
I agree with you dep , i really try and help whoever needs help,sometimes i need it myself but to put a post up and have it mocked by people and everyone jumps on the band wagon,is not worth wasting my time anymore.
what the hell, I'll put myself out there like DEP - you cant fault a guy for making a call based on his system, only for doing a bad trade. Found a long term All share (freely available for years on the internet now).
System triggered on 01 June as the bottom, from this point forward the All Share tends to move 4,000 points almost like clockwork from there over the next 6 months.
So my call (if history repeats itself like it has the past 8 years): On 18 Oct 2012 the All share will peak at ~37,000 and the TOPI @ 33,200.
Will I be right? Who knows. All I know is Im up 1,800 points out of the 4,000 already.
Agreed. we are headed for a period where the TOPI tends to be stronger. the most it can fall to is probably the break-out point of about 30,800 (return move) but we should go up even more from there. the bears would be the fuel that causes the TOPI to rally even more aggressively, lol.
Dep got his info from the Realchatist site. It's a duplication of an Elliot wave formation that chartist picked up on. If you compare the old elliot wave formation and what's happening currently it makes sense. I would have expected some sort of pull back anyway after this very strong run we had, but what I wouldn't have expected is a potential 2000 point drop. Anyway, this is just a warning what a healthy correction is looming.