"The market is only truly random if kept within its parameters of limitations."

"Buying power is staying power, with enough staying power you will always be profitable."

Welcome to "The Trading Truth"!

I am authoring this site to make you more aware of your trading enviroment. Whether you are a trader, investor, 401K holder, or have any part of your life linked to or affected by the markets, there should be some valuable information found here for you. You will... (click to continue)

Monday, August 31, 2009

19% extension.....

Since the implementation of "secondary extensions" in the multi-leveled market regulation (my theory of course (but backed by factual quantitative analysis)), we have just hit the 19% extension within the Q's. The primary extension maximum of old... 19% achieved by SPY. Coincidence? Hmmmm.... Secondary limitations are the primary limitations of old.... new primary extension limitations.... astronomical... (good friggin luck to the TA analyists out there!).