Getting ready to build cases for a bottom

luckystar2006

For me, there are 3 stages + a special one to catch a short-term bottom which is a big fish that one can't miss.  My systems are designed to do exactly just that so I can make a good income to live a comfortable life as a full-time trader (by the way, I'm not a day trader.)

The 1st stage which is the current stage that we are in.  It normally involves some indicators (like below chart) getting oversold and then extremely oversold before market hitting a bottom.  It's ALWAYS dangerous to catch a bottom at this stage so I don't do it myself.  Vertical red line from below chart is an example.

The 2nd stage which is where some of my very short-term reliable indicators to indicate an EXACT bottom.  I won't show these signals because they cost me about 10-year with tremendously hard-work and money to proof that they are reliable.  Indeed, you won't find any of such indicators on any chart from those free chart books under Public Chartlist. In this stage, I'm getting ready to buy big.

The 3rd stage is confirmation stage which kicks in very quickly after the 2nd stage.  At this stage, it's very safe to go in big and hold for at least a week to few weeks.

The special one works quite reliable, but not as reliable as the one on the short side.  When it gets trigger, it USUALLY indicate a specific level market MIGHT hit WITHIN 3 to 5 weeks.  I'll put a notice on here if this special one is triggered and the period that it needs for the market to hit that level.

That's it for now and have a great a weekend.  In the mean time, we are still at the eye of the storm in which what those early bottom catchers doing today are likely going to lose their shirt and pant.  I hope none of you is one of them.

源济

jamesmith

adding BAC, BAM, SCHW, BRKB, waiting for rate hike

xiaoxiao08

I'll wait ...

jingriver

等着老大的信号

风行过

so normally you are swing trader, not a day trader, are you?

wnd4

Thanks a lot. Wait for your shout when the market gets there.

befriend

Please post when you see the BOTTOM signal.

Rosie22

georgeyn

yanzi

你操底的时候吼一声。多谢。

dsp

lite1067

牛！！！ 我要跟着老大混了！

everest001

thanks for sharing!

luckystar2006

lite1067 发表于 2015-12-12 09:54 AM
牛！！！ 我要跟着老大混了！

I only have room to fit in for 1-person, but I don't mind if you sleep next to me.

luckystar2006

lite1067 发表于 2015-12-12 09:54 AM
牛！！！ 我要跟着老大混了！

Joking aside, I'm still waiting for your signals so I can go in together with you.  Otherwise, I'm

cfayahoo

luckystar2006 发表于 2015-12-12 02:56 PM
I only have room to fit in for 1-person, but I don't mind if you sleep next to me.

看到一只胖大腿，oops

cfayahoo

luckystar2006 发表于 2015-12-12 02:59 PM
Joking aside, I'm still waiting for your signals so I can go in together with you.  Otherwise, I'm ...

老大，fed rate hike decision 前， 股市升还是继续跌啊， 周三如果加息0.25，以后又会咋样？

lite1067

luckystar2006 发表于 2015-12-12 02:59 PM
Joking aside, I'm still waiting for your signals so I can go in together with you.  Otherwise, I'm ...

我抢跑了。上周五HY已经capitulation了。

风行过

风行过 发表于 2015-12-11 04:04 PM
so normally you are swing trader, not a day trader, are you?

I see. thanks for sharing your thoughts here.