Harmonica
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Posts posted by Harmonica
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Hello my name is RAY, im 26 years of age and am looking at moving to BANGKOK/pattaya. I currently live in Australia. I have been to pattaya many times and have fallen in love with the life style. I love eating all the time and going to the gym and walking on the beach and like the friendly ladies at night. I feel i can live a better life there than I do now. I find im am very lonely here in Australia.I don t understand why Im tall and have no physical defromities and am very fit. Like being kept busy. I was wondering if you could provide me with some advice. I am currently am financialy secure and have enough money to rent my unit and live off investments from australia. I have done very well on the stock market recently too
I want to keep my investments in Australia and have income from the investment used to live in pattaya or bangkok. I can afford to live off 100 000 baht a month. I also have enough mony to invest in a business In the next year I want to get into the shallow end of the pool with a little business. I want something that can just break even and keep me occupied for a few hours a day so maybe a coffee shop. In the near future I will come into money and may be buy a hotel or apartment complex or buy a guest house (blue chip only). Can anyone provide me with any advice on people who have done this. please it would be so much appreciated. I am honestly thinking at the end of the year to move up and give it ago Lifes to short to be unhappy. I want to live in the land of the smiles
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Within 24 hours of your arrival in Thailand you will know you've stumbled into Paradise. You'll forget about your past as your heart and soul surge forward. Within a week you won't look back no more.
Lonely in Australia?
From day 1 here you will go into orbit w.r.t. women, beautiful women, soft, aromatic, smoooooth as silk, delicate, with tantalizing voices. Regardless who you're with, even if its just for a night or day, she will take care of you like no ever has before. Disregard the negative comments about hookers - here even the hookers outclass the average non-hooker western woman a trillion to one in terms of humanity, heart and soul. Light years ahead and besides there are hookers in the western world too but the only ones doing biz with them are the ones who've not discovered this paradise yet!
And the icing on the cake? ... even if you end up living with one, if and when its over, she won't take nowhere near half.
Some simple rules:
Rent, don't buy property - not ever, not even if ALL your australian friends are raving about their houses.
Stop advertising your financial wherewithal on this board - the sharks here will be waiting for you at the airport with hair-brained biz schemes and you'll lose it all.
No need to do any business, your stated amounts are more than adequate to live well.
Break the western code at age 26 - retire from life and do absolutely NOTHING! You will enjoy it.
Note: upon your arrival you will be mistaken by westerners living here for a bank, so paste a sign on your forehead saying, "broke to the bone, will work for food"
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I'm still flat, but here's something cool
Even when Gold appears to be wandering around aimlessly as its been doing for the last few days ....
there is a method to its madness
see the perfect channel on 60-min.
the yellow fella knows exactly what he's doing even though we don't got a clue
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So, are you saying the GBP must rally against the dollar soon if it doesn't want to collapse entirely, or are you saying that the GBP should rally against the dollar in the near term because of technical indicators? I assume you're looking at it in terms of Elliot Wave theory, which I know nothing about other than the fact of its existence.
Both!
But there is one other reason why GBP should rally and it has nothing to do with charts or elliottwave or tealeaves.
So many anal-ysts have pronounced GBP as a goner that that in and of itself is sufficient reason to believe that GBP will do the opposite, i.e. shine - at least in the short-term.
This approach to market analysis is called Sentiment Study and reveals that after prolonged one-sided action the herd projects the extant move to infinity and is almost always stampeded aka wrong. Put another way, the herd buys market tops and sells market bottoms - they should be doing the exact opposite. A corollary of this is that a wildebeast will never congratulate a lion after the latter has made a kill! Tons of evidence here at Thaivisa!!
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>>>> So many anal-ysts have pronounced GBP as a goner that that in and of itself is sufficient reason to believe that GBP will do the opposite, i.e. shine - at least in the short-term. <<<<<<<
There you have it - SENTIMENT study showed the likely road for Sterling.
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Sterling had better get some kind of rally going now while the Dollar Index corrects.
I count 5 waves down in GBPUSD since July 15, so therefore we should get a nice decent a-b-c upward move. Thus far Sterling has given only the "a" and the "b" parts. So where the heck is the "c" part? She's got to generate this asap to save her own life or at least to buy herself some more survival time.
The current Low at 1.3503 is supremely important
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>>>> So where the heck is the "c" part? <<<<<
Its underway, baby.
Where will Sterling go? Let's see if she can get to 1.4936. Then we'll talk further.
If Britmaveric has never seen a Euro$ hard-on, he should have a look at EURUSD - a male elephant in musk!!!
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The Sterling rally - it sure is underway, baby
That is the wave "C" component I mentioned.
I'm satisfied with my call/question for why there had to be a rally.
As long as she can stay above the trendline from March 11 she could go further, much further.
However, if the trendine breaks, be sure that George Soros and Harmonica will SHORT Sterling like there is no tomorrow. Its not personal.
If she goes below the number mentioned near top of screen, 1.3503, worldwide SHORTS will pile in, especially Goldman Sachs.
But right now she is safe as long as she keeps rallying.
Church and prayer, not war is the ticket for Brits at this juncture.
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She came close to my STOP.
but still no close above $883 on 1H so all positions are still intact.
-----------------------------------
Tired, so i've closed out the $883 STOP position.
The other 2 STOPs are now on auto pilot and still open.
Buenas noches.
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Taken profit - the other 2 tranches are closed at $884.1
I have no position now.
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That was a good trade but since I did not post the Short entry, I'll skip the evaluation.
Successful action of using countertrend moves for resting continues to work well.
SHORT order entries at $879 and $875 are already plugged in. When and if they trigger, I'll plug in the appropriate STOP.
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No SHORT entry triggered, so there is to be no trade.
Order entries mentioned above are canceled.
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She came close to my STOP.
but still no close above $883 on 1H so all positions are still intact.
-----------------------------------
Tired, so i've closed out the $883 STOP position.
The other 2 STOPs are now on auto pilot and still open.
Buenas noches.
-------------------------------------------
Taken profit - the other 2 tranches are closed at $884.1
I have no position now.
--------------------------------------------
That was a good trade but since I did not post the Short entry, I'll skip the evaluation.
Successful action of using countertrend moves for resting continues to work well.
SHORT order entries at $879 and $875 are already plugged in. When and if they trigger, I'll plug in the appropriate STOP.
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See post #295
>>>>> non-elliottwave, simple Tech method:
Place stop under March 20 realtime closing low @ 767.99. If stop is taken out, exit.
To finetune, just draw another trendline (blue) as shown. A close below this trendline that also violates 797.46 and the 61.8% level shown can be used for profit taking of 50% or more of your total position. >>>>>>>>>>>
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Even though I was not here since March 24, the analysis presented would have given the trader a high profit level for 50% of his position at the black line shown in chart and since STOP #1 was not taken out, he'd still be in the game with the remainder of his position. Stop #2 is the current STOP.
A total no brainer.
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This is a realtime post as the market is still open.
The pattern I show is what I can come up with based on the data at this point. May or may not end up being right.
Regardless, the STOP is at 813.5
Note that we have a 161.8% hit.
If it works, great, if not, the work continues, but either way, we ride the wave with the STOP.
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She came close to my STOP.
but still no close above $883 on 1H so all positions are still intact.
-----------------------------------
Tired, so i've closed out the $883 STOP position.
The other 2 STOPs are now on auto pilot and still open.
Buenas noches.
-------------------------------------------
Taken profit - the other 2 tranches are closed at $884.1
I have no position now.
-
She came close to my STOP.
but still no close above $883 on 1H so all positions are still intact.
-----------------------------------
Tired, so i've closed out the $883 STOP position.
The other 2 STOPs are now on auto pilot and still open.
Buenas noches.
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She came close to my STOP.
but still no close above $883 on 1H so all positions are still intact.
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ex-wives waiting to ambush Harmonica and other SHORTS at the 200-day moving average @ $860. Just below at $851 is Gann's 144, a known hangout for mothers-in-law. Expect to find some kids you never knew about - from the former(s), not the latter.
Expect the unexpected, but be optimistic and pack some condoms, you might still get lucky and still make a clean getaway, again.
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Everone bullish GOLD and so far they are correct. Trend is UP.
Dennis Gartman of The Gartman Letter just announced continuation bullmarket in Gold.
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This is just the kind of scene that turns BEAR on, namely, "everyone is on board" - then reverse course and bankrupt the lot of them.
I'm NOT buying Gold .... I believe Gold will go to 650, and possibly 525 or 500 and maybe lower. When complete that will be the time to load up on Gold, not now.
Tha't why I hold Yen and US Dollar and Thai Baht.
Reason: Gold's correction from March 17, 2008 top might not be complete at the Oct 2008 low but just wave A down. We are in wave B up. Yet to come is wave C down. Alternate could be a long-drawn-out sideways triangle stretching for years.
Wave Bs are sucker waves, draw them all in type waves.
Wave C down will send 'em all to the promised land.
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Last post for now.
My MAIN forecast for Gold remains unchanged:
Targets $650, $554
lower targets will be added only if there is failure at $554.
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Alternative scenarios on the backburner:
Scenario 1:
I'm totally wrong and Gold blows past the previous March 2008 top at $1032 and goes into another bullrun. If this is the case I would probably wait for the corrective wave down to near $1040-60 or thereabouts to BUY physical Gold coins, not trade.
Scenario 2:
Gold prices go into an extended sideways triangle for several, several months, visible on both daily and weekly timeframes.
--------------------------------------------------
--------------------------------------------------------
On March 18 ... U.S. Govt. said it would buy its debt with Dollars created out of thin air.
Almost instantly goldbugs around the globe saw this as the sign of the coming of the Gold Christ meaning Gold rocketing to $2k or even perhaps $20k.
And Dennis Gartman bought a significant gold position. His subscribers too.
Dow Theory Letters' Richard Russell has put 30% of his entire net worth into buying Gold.
Prof. Charles Bassetti, ab excellent trader/trend player been buying and buying and calling one buy signal after another. Remember that Gold spike that took Harmonica out of his 4H position? Bassetti saw that as a buy signal from Heaven
Goldbugs loaded up to the hilt for days thereafter.
So what happened days later?
Disillusionment is putting it mildly.
----------------------------------------------
Best way to handle Gold?
Trade it close to the chest for now - on the 1H timeframe and honor your STOPs.
Use BASIC technical analysis, no esoteric methods.
Forget about fundamental reasons why Gold should do this or that because of the terribly economy. Ignore all of it. Don't even bother with News. Price is boss. Price has everything you need to know.
I was not here for the current trade entry so no credit for me this time, but for anyone SHORT like me,
current STOP @ $ 909.46
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Fast moving market to the downside so let's lock-in profits
50% of position at $909.46 (as before)
30% of position at $897
20% of position at $890.5
------------------------------------------------------------
lock-in profits some more
50% of position at $909.46 (as before)
25% of position at $897
25% of position at $883
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The objective revisted:
To time the top of this bear rally to determine when the next Armageddon downleg begins.
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See post #295
>>>>> non-elliottwave, simple Tech method:
Place stop under March 20 realtime closing low @ 767.99. If stop is taken out, exit.
To finetune, just draw another trendline (blue) as shown. A close below this trendline that also violates 797.46 and the 61.8% level shown can be used for profit taking of 50% or more of your total position. >>>>>>>>>>>
----------------------------------
Even though I was not here since March 24, the analysis presented would have given the trader a high profit level for 50% of his position at the black line shown in chart and since STOP #1 was not taken out, he'd still be in the game with the remainder of his position. Stop #2 is the current STOP.
A total no brainer.
-
Everone bullish GOLD and so far they are correct. Trend is UP.
Dennis Gartman of The Gartman Letter just announced continuation bullmarket in Gold.
-----------------------------------------------------------------
This is just the kind of scene that turns BEAR on, namely, "everyone is on board" - then reverse course and bankrupt the lot of them.
I'm NOT buying Gold .... I believe Gold will go to 650, and possibly 525 or 500 and maybe lower. When complete that will be the time to load up on Gold, not now.
Tha't why I hold Yen and US Dollar and Thai Baht.
Reason: Gold's correction from March 17, 2008 top might not be complete at the Oct 2008 low but just wave A down. We are in wave B up. Yet to come is wave C down. Alternate could be a long-drawn-out sideways triangle stretching for years.
Wave Bs are sucker waves, draw them all in type waves.
Wave C down will send 'em all to the promised land.
-----------------------------------------------
-----------------------------------------------------
Last post for now.
My MAIN forecast for Gold remains unchanged:
Targets $650, $554
lower targets will be added only if there is failure at $554.
----------------------------------------------------------------------
Alternative scenarios on the backburner:
Scenario 1:
I'm totally wrong and Gold blows past the previous March 2008 top at $1032 and goes into another bullrun. If this is the case I would probably wait for the corrective wave down to near $1040-60 or thereabouts to BUY physical Gold coins, not trade.
Scenario 2:
Gold prices go into an extended sideways triangle for several, several months, visible on both daily and weekly timeframes.
--------------------------------------------------
--------------------------------------------------------
On March 18 ... U.S. Govt. said it would buy its debt with Dollars created out of thin air.
Almost instantly goldbugs around the globe saw this as the sign of the coming of the Gold Christ meaning Gold rocketing to $2k or even perhaps $20k.
And Dennis Gartman bought a significant gold position. His subscribers too.
Dow Theory Letters' Richard Russell has put 30% of his entire net worth into buying Gold.
Prof. Charles Bassetti, ab excellent trader/trend player been buying and buying and calling one buy signal after another. Remember that Gold spike that took Harmonica out of his 4H position? Bassetti saw that as a buy signal from Heaven
Goldbugs loaded up to the hilt for days thereafter.
So what happened days later?
Disillusionment is putting it mildly.
----------------------------------------------
Best way to handle Gold?
Trade it close to the chest for now - on the 1H timeframe and honor your STOPs.
Use BASIC technical analysis, no esoteric methods.
Forget about fundamental reasons why Gold should do this or that because of the terribly economy. Ignore all of it. Don't even bother with News. Price is boss. Price has everything you need to know.
I was not here for the current trade entry so no credit for me this time, but for anyone SHORT like me,
current STOP @ $ 909.46
------------------------------------------------------
Fast moving market to the downside so let's lock-in profits
50% of position at $909.46 (as before)
30% of position at $897
20% of position at $890.5
-
Everone bullish GOLD and so far they are correct. Trend is UP.
Dennis Gartman of The Gartman Letter just announced continuation bullmarket in Gold.
-----------------------------------------------------------------
This is just the kind of scene that turns BEAR on, namely, "everyone is on board" - then reverse course and bankrupt the lot of them.
I'm NOT buying Gold .... I believe Gold will go to 650, and possibly 525 or 500 and maybe lower. When complete that will be the time to load up on Gold, not now.
Tha't why I hold Yen and US Dollar and Thai Baht.
Reason: Gold's correction from March 17, 2008 top might not be complete at the Oct 2008 low but just wave A down. We are in wave B up. Yet to come is wave C down. Alternate could be a long-drawn-out sideways triangle stretching for years.
Wave Bs are sucker waves, draw them all in type waves.
Wave C down will send 'em all to the promised land.
-----------------------------------------------
-----------------------------------------------------
Last post for now.
My MAIN forecast for Gold remains unchanged:
Targets $650, $554
lower targets will be added only if there is failure at $554.
----------------------------------------------------------------------
Alternative scenarios on the backburner:
Scenario 1:
I'm totally wrong and Gold blows past the previous March 2008 top at $1032 and goes into another bullrun. If this is the case I would probably wait for the corrective wave down to near $1040-60 or thereabouts to BUY physical Gold coins, not trade.
Scenario 2:
Gold prices go into an extended sideways triangle for several, several months, visible on both daily and weekly timeframes.
--------------------------------------------------
--------------------------------------------------------
On March 18 ... U.S. Govt. said it would buy its debt with Dollars created out of thin air.
Almost instantly goldbugs around the globe saw this as the sign of the coming of the Gold Christ meaning Gold rocketing to $2k or even perhaps $20k.
And Dennis Gartman bought a significant gold position. His subscribers too.
Dow Theory Letters' Richard Russell has put 30% of his entire net worth into buying Gold.
Prof. Charles Bassetti, ab excellent trader/trend player been buying and buying and calling one buy signal after another. Remember that Gold spike that took Harmonica out of his 4H position? Bassetti saw that as a buy signal from Heaven
Goldbugs loaded up to the hilt for days thereafter.
So what happened days later?
Disillusionment is putting it mildly.
----------------------------------------------
Best way to handle Gold?
Trade it close to the chest for now - on the 1H timeframe and honor your STOPs.
Use BASIC technical analysis, no esoteric methods.
Forget about fundamental reasons why Gold should do this or that because of the terribly economy. Ignore all of it. Don't even bother with News. Price is boss. Price has everything you need to know.
I was not here for the current trade entry so no credit for me this time, but for anyone SHORT like me,
current STOP @ $ 909.46
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Fellas,
As softly as ever, with just a shhhh, may I humbly, oh, ever so gently, coax you, guide you and urge you to
start ACCUMULATING Dollars (USD).
Do it "saaalowwleee" every week, a "leeetle beet" at a time.
Do this while every mothers' son is negative the Dollar.
Sentiment plays a huge role in overall market success and I believe we are at a dramatic, historical turning point. A bottom is being formed currently. No. no, not that kind of bottom!
There is not ONE dude who's +ve the Dollar--that's why I'm hiding and am only just whispering to you. I've taken too many bullets in the past and I'm a wee bit gunshy. The shooters later came back to cuddle & fondle me, but I'm not into that sort of thing.
Four years in Thailand and I'm getting very lonely making decent money in the markets. No office required, no overhead, just Tech. analysis, a computer, 4 Brokerage accounts, and guts to go against the HERD. The CNBC (and other)experts will ruin you! I've already told them to "piss off", the lying, BS mothers.
It hurts & torments me to see that so many wildebeast are just going to jump into the river full of hungry crocs with narry a thought that it is a classic bear-trap.
It is dangerous to be different and go against the multitude, the crowd, for in the end it is only a teeeeeny-weeeeny %age of cats that profit. These profits come from the herd's losses.
Give it some thought my friends. Just think about it, thats all I ask.
God bless you all for you've opened a door to a vista (this topic) I just plain love and by all measures, it loves me.
Adios
Harmonica
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No doubt this will irritate the grazers some more but who gives a ..... ?
A lion's got to be responsible for his own orgasm, hunts and putting food on the table and as is often the case when he's successful he's got to pat himself on the back for no wildebeast will ever encourage him on - not even when he takes on the greatest INDEX in the world singlehandedly and that too in his youth as a trader, barely out of the box, but full of juice ......
yeah baby
back in 2003, 2004 everybody hated the US Dollar. Every currency was mocking him and there he was, alone in a dungeon, a shadow of his former self. It was only Harmonica (and perhaps a few others) who befriended him and reminded him that he was still the world's reserve currency. I saw his eyes sparkle and that force from deep within rise ever so slowly, but it had definitely started.
That was when I called the bottom on December 23rd, 2004.
My friend came out of the dungeon on December 30th and didn't look back. He took me with him. Evidence in this thread.
Note: I was expelled from thaivisa before the rally ended so could not post anymore. The Dollar fell some more after the Nov 2005 top all the way into the 2008 bottom - and I caught that one too. Sorry, no evidence for that - I was not here. But I did make some mistakes in calling the bottom 3 or 4 times in 2007, but as a trader they were quickly corrected, nevertheless they were wrong calls. So that's the perspective.
Greetings to Yangpuss.
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Several stretches of Highway 12, a beautiful scenic waterfall route to Lom sak and beyond, passing several grand resorts, nice restaurants, beautiful mubaans.
That was then.
This is now - unkempt grass, even refused to be eaten by cows. That's Deflation!
Hasta la vista en unas semanas o unos meses
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With respect to brokers, might also take a look at Seamico (www.seamico.com). They've made a minor speciality here of dealing with resident expats.
No broker will provide you US style service, however, so don't look for it. About the best you can hope for is the execution of your orders more than half the time without screwing them up. Unless you can talk the institutional guys into handling your account, many of whom are foreign, you'll be stuck with a retail broker. They're all Thai and not much more sophisticated than the Thai kids who work at McDonalds.
Utter rubbish! I told you to stop using your left hand, didn't I? You ought to have your bum spanked, salted & umeboshi-plumed for spewing out such torrents of false data!
The brokers here provide a level of service that eclipses that offered stateside; and very often here a broker will go out of his/her way to provide hours of one on one indoctrination and methodology for Farangs and Thais.
They have this in common, but some are better than others.
Top honors goes to Philip Securities in Bangkok, on Silom road.
IB Securities, Adkinsons, Kim Eng Securities in Phuket -- Tisco in BKK is also very good. BFIT in BKK is top-notch.
My personal rec. would be Kim Eng Securities in any city in LOS.
And orders are handled electronically or via Telephone etc. -- I've never had a problem and I've done many, many, many buys/sells.
Utter, utter, utter rubbish. Do I smell a dose of self-interest in the avalance of misinformation above, or is that odor something a little more organic? My oh my, I hope those dolts at Kim Eng are paying you well for all this blatant and inaccurate advertising, old buddy.
Still, fellows, mark me well, you buy into this guy's unrestrained touting at your own risk. Thai retail brokers are, on the whole, both ignorant and uneducated. When you deal with American brokers, at least you usually get your choice.
--------------------------------
>>>>>> Thai retail brokers are, on the whole, both ignorant and uneducated. When you deal with American brokers, at least you usually get your choice. <<<<
Who are the ignoramuses now?
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With respect to brokers, might also take a look at Seamico (www.seamico.com). They've made a minor speciality here of dealing with resident expats.
No broker will provide you US style service, however, so don't look for it. About the best you can hope for is the execution of your orders more than half the time without screwing them up. Unless you can talk the institutional guys into handling your account, many of whom are foreign, you'll be stuck with a retail broker. They're all Thai and not much more sophisticated than the Thai kids who work at McDonalds.
Utter rubbish! I told you to stop using your left hand, didn't I? You ought to have your bum spanked, salted & umeboshi-plumed for spewing out such torrents of false data!
The brokers here provide a level of service that eclipses that offered stateside; and very often here a broker will go out of his/her way to provide hours of one on one indoctrination and methodology for Farangs and Thais.
They have this in common, but some are better than others.
Top honors goes to Philip Securities in Bangkok, on Silom road.
IB Securities, Adkinsons, Kim Eng Securities in Phuket -- Tisco in BKK is also very good. BFIT in BKK is top-notch.
My personal rec. would be Kim Eng Securities in any city in LOS.
And orders are handled electronically or via Telephone etc. -- I've never had a problem and I've done many, many, many buys/sells.
----------------------------------------------
>>>> No broker will provide you US style service, however, so don't look for it. About the best you can hope for is the execution of your orders more than half the time without screwing them up. Unless you can talk the institutional guys into handling your account, many of whom are foreign, you'll be stuck with a retail broker. They're all Thai and not much more sophisticated than the Thai kids who work at McDonalds. <<<<<<
In hindsight I am glad I stuck an umeboshi plum in this guy's 2-moon junction.
Even the op knows quite well that you don't eat a masala dosa made by a fellow who's just used his left hand behind the foodstall.
Speaking about brokers and Finance,
What dummy would lend billions to General Motors when even its own auditors say that it might go out of business?
What dummy would lend billions to AIG so many times …especially after discovering each time that the company was in worse shape than before?
Answer: The US government.
What super dummy would follow dummy #1 so religiously? ... Answer: Dummy #2 The UK.
But wait a second here, the rest of the world's lenders are happy to make endless loans to Dummy #1 - because they don't trust anyone else.
And what doesDummy #1 turn around and do? ....
Heck, it lends to the people private lenders don't trust, i.e. people who cannot pay back the loans.
God help us!!!
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So, you mossed a 25% move to the upside and at least 30% of addidtional downside by sticking to a wrong thesis. That's imaginary money you're trading with?
I missed this one, lannare. I should have known better. Mozarella in one place, there's bound to be Feta in another.
-
S&P500 bear market rally targets:
note that S&P yesterday came right up smack into an important monthly trendline.
Targets:
823
868
964, 994 or 1,016.
Any one of these could halt the rally and reverse it.
-------------------------------------------
If this is a true bullmarket, this can only be known much further down the road. The only ones who are sure right now that this is a raging bullmarket are the fellows who are losing $150K+ - why are they so sure? Because if they, for even a moment believe its not true, the undertakers of the world would instantly go into a raging bullmarket of fresh business.
---------------------------------------
Bye. Won't be back for a while.
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S&P500 daily chart:
For the benefit of traders who are risking their family's milk and rent money hoping to recoup a full year of losses there is not much hope. BEAR will gobble cats like these up as micromini-snacks. Furthermore, I'll simplify the TRENDspeak to suit these societal menaces aka gamblers:
S&P500 Monthly TREND is down, down, down.
S&P500 Weekly TREND is down, down, down
S&P500 DAILY TREND is down, down, down.
--------------
but ....
S&P500 Hourly TREND is up, up, up.
and especially for Nouf
S&P500 nanosecond TREND is UP, UP, UP.
-------------------------------------------------------
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Harmonica - I enjoyed your postings and found them incisive.
How about starting a new thread and commenting on the market?
It would be helpful to many of us who are not really trained in this area -- and would be alot more helpful than most brokers.
----------------------------------
Thanks.
We might have to stick to this thread for now as there are just too many oldtimers who have become cops here and they're just itching to send me back to the joint for another 4 years. All I did was kiss the girl.
See chart of S&P500 - 60-min. realtime analysis taking into account upto yesterdays action.
Alternative count shown in red. Any trendline break should be taken seriously by short-term traders.
------------------------------------------------------
Trendline still the guide.
Current resistance level @ 61.8%
-----------------------------------------------------
-------------------------------------------------------
Harmonica's elliotwave anlaysis
First look at the 60-min chart posted above, then look at this one.
There are 3 wavecount schemes shown.
The blue is eliminated and we are left with only the red and the black.
If red is correct, then we can expect a deep correction. How this correction plays out we have to wait and see. A fullblown reversal? Possible too.
If the black alt: is right, then we have more upside yet to come over several days or weeks.
------------------------------------------------------
non-elliottwave, simple Tech method:
Place stop under March 20 realtime closing low @ 767.99. If stop is taken out, exit.
To finetune, just draw another trendline (blue) as shown. A close below this trendline that also violates 797.46 and the 61.8% level shown can be used for profit taking of 50% or more of your total position.
This approach to market analysis is called Sentiment Study and reveals that after prolonged one-sided action the herd projects the extant move to infinity and is almost always stampeded aka wrong. Put another way, the herd buys market tops and sells market bottoms - they should be doing the exact opposite. 
Moving To Thailand
in Jobs, Economy, Banking, Business, Investments
Posted
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Looks like you're all set to make the move.
I was 23 when I made my first move to a foreign country (not Thailand) - had no advice whatsoever, just a visa, airticket and <deleted>>-all money, didn't know anybody in the country of destination, didn't have nobody to pick me up at the airport, but made a beeline for the youth hostel. I started from there and never looked back.
Too much planning don't help. Just do it!
>>>>> And yes I KNOW ITS BECAUSE OF themoney <<<<<
With western women, even if they say its not about the money, by the time the relationship ends, its always about the money.
With a prof. Thai woman you know this up front and it eliminates 99% potential problems. Pay, get your service, be courteous and respectful and leave with a clean getaway, no strings attached. Exactly such a situation is what ALL men really want - they don't want to be sat down "to talk" for hours, enduring listening to a torrent of nonsense, before getting some humma-humma.
With a regular aka non-hooker Thai woman you're still going to be light years ahead than with a comparable western female, but when the relationship sours, it will boil down to just the f--kin money regardless, but the winner is the thai lady because she won't get nowhere close to half, whereas a western female can nail you for upto 85% in places like California.
Thai woman wins hands down! And in the sac, the ultimate test, nobody else comes close, not even Peaceblondie. There is no competition.