tag:blogger.com,1999:blog-6055535128640439225.post3749534147503956882..comments2024-03-04T12:15:11.944-05:00Comments on WEEKLY TECHNICAL COMMENTARY: TODAY'S ACTIONJohn C. Leehttp://www.blogger.com/profile/01697985036838910334noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6055535128640439225.post-12322152647601558052008-10-21T04:07:00.000-04:002008-10-21T04:07:00.000-04:00Another Victory day Trading based on JOHN's Advice...Another Victory day Trading based on JOHN's Advice. As he stated in his commentary the market was currently in a neutral stage. It could break out or break down. I took the advice and stay in cash for most of the day. Then 30 mins before close, I was lucky to get a taste of how John's coaching will be like. I was alert by John that the market will go parabolic from now on, and suggest to me to scale in and ride the trend. And the result was I went long 30% and made $1200 within the last 20 mins. If you guys want confirmation, the following was the conversation we had! Please pay attention on the timing and match it with dow's chart. Dow was at 250ish to 270 before it spike to 410 in less than 15 mins. <BR/><BR/><BR/>****** = John and Tradermarket247 = ME<BR/><BR/>****** (12:14:05 PM): This is it<BR/>****** (12:22:40 PM): Here's the critical point<BR/>Tradermarket247 (12:22:48 PM): what?<BR/>****** (12:22:49 PM): This is where it end or begins<BR/>****** (12:23:02 PM): The triangle is at its last point here<BR/>Tradermarket247 (12:23:27 PM): k<BR/>****** (12:35:36 PM): we're good now<BR/>****** (12:35:48 PM): patience is key<BR/>Tradermarket247 (12:36:29 PM): k<BR/>Tradermarket247 (12:36:33 PM): cant' heard that more<BR/>****** (12:36:51 PM): now<BR/>****** (12:36:55 PM): the vix will go parabolic<BR/>****** (12:36:59 PM): and so will the market<BR/>****** (12:37:10 PM): I'm gonna go make some pasta<BR/>****** (12:37:27 PM): see, wouldn't u think my coaching program is worth it?<BR/>Tradermarket247 (12:37:48 PM): dude<BR/>Tradermarket247 (12:37:51 PM): i always say it's worth it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6055535128640439225.post-37799267607932548192008-10-20T23:46:00.000-04:002008-10-20T23:46:00.000-04:00it's still too early to tell, but right now, it fa...it's still too early to tell, but right now, it favors more on the breakout (to the upside)...greater than 50%.John C. Leehttps://www.blogger.com/profile/01697985036838910334noreply@blogger.comtag:blogger.com,1999:blog-6055535128640439225.post-64555009429206225152008-10-20T22:45:00.000-04:002008-10-20T22:45:00.000-04:00Hi John,Do you think this market (SPX) and DJX wi...Hi John,<BR/>Do you think this market (SPX) and DJX will break out or break down from here? Both form the same symmetrical triangle as in your chart. Is that 50/50?Anonymousnoreply@blogger.com