Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
kehtolo
on 23/05/2014, 07:35:59 UTC

Emphasis original (except the red). The fact that we did not visit sub-400's as scheduled, is itself the strongest possible evidence that the pattern is broken and we are going up. The prediction "650 in the end of June" looks conservative after seeing a few days of nice action.

Says it all to me! The market itself provided the evidence. Not saying another flashcrash cannot happen, but the one Risto was predicting definitely will not happen now, you will need to adjust your buy in point.