Comments

1. avk says:
   November 18, 2009 at 6:17 AM

   Chuck your videos are always fantastic,
   technically very accurate,
   but the problem we have although technically accurate,
   your resistances keep getting higher as the markets keep moving higher,
   making money is all about timing.
   we predicited 3 tops so far 1018, 1080, and now 1100 on S/P,
   how is it possbile for the markets to rise 55-60% and being technical analysts as brilliant as you miss out on the long trade? surely something is a miss,

   I and all fellow rebels are confident all your down targets will be achieved in the medium / long term.

   Rebel,
   Avk.
2. don chin says:
   November 18, 2009 at 9:11 AM

   Avk, a true trader look at price action, using technical indicators only to reaffirm their point of view. One should not draw and redraw his trendline to fit the changing market condition. This is as good as curve fitting imo. Look at the real support resistance line and trade those accordingly. Nothing beats going with the flow. For me, i follow /TF, so if russell close above 600, i will go long and look to next resistance, which imo shld be around 670-690.
3. GKS says:
   November 18, 2009 at 12:18 PM

   I’m learning a lot from you, Chuck, and I look forward to each daily review. However, as contrarian as I am, I tend to agree with the two above posts. I looked at the RUT today and perhaps that along with TRAN could be reviewed more frequently–as confirmation of SPX. This market is mystifying to say the least.
4. Guy says:
   November 18, 2009 at 1:18 PM

   Chuck,
   I have yet to see todays/yesterday’s video although I’m sure it is solidly based.
   As more speculators and then investors start to see the upper limits to their vehicles of investment in the market, your thoughts will make more sense to the uninformed.