Kind Words from Terry Laundry, Founder of T Theory

"Parker has sent me what I consider to be the most important refinements to T Theory I have ever received from anyone in an e-mail . . . which he calls Tweaking the 13th Advance Decline T." September 29, 2010

"Parker has sent me a very interesting concept which is the NY Advance Decline line divided by the put-call ratio . . . What he's done is introduce the idea of sentiment." September 15, 2010

"Parker discovered the Money Flow Ts . . . This is something like the Holy Grail in T Theory. You are always looking for something that will help you refine the peak date." October 17, 201

"Money Flow Ts are probably the greatest new thing I have seen in 20 years in terms of time symmetries." December 5, 2010.

Monday, December 13, 2010

$$ T Theory VO for Week of Dec. 13-17

Last week's Volume Oscillator for reference
12/6 =  38
12/7 =  56
12/8 =  57
12/9 =  67
12/10 = 79

This week's VO
12/13 = 71
12/14 = 50
12/15 = 11
12/16 = 29
12/17 = 41

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12 comments:

  1. marketliveDecember 14, 2010 at 9:24 AM

    1240 Breakout. Market is THAT strong.

    ReplyDelete
  2. joedDecember 14, 2010 at 10:20 AM

    Mass confluence of Gann turn dates in the area of the cycle top of 12/29 with fixed dates at 12/31 and 1/3!~ Good trading!

    ReplyDelete
  3. marketliveDecember 14, 2010 at 10:34 AM

    Everyone keeps pushing out the dates. Strange.

    ReplyDelete
  4. joedDecember 14, 2010 at 10:39 AM

    Mine have always been the same.........just added confluence!

    ReplyDelete
  5. marketliveDecember 14, 2010 at 10:39 AM

    I am so relieved I got out at 1180 from my shorts. Now just watching the rally and everyone doubting it. I think we go A LOT higher.

    ReplyDelete
  6. S2December 14, 2010 at 11:26 AM

    Thanks for your posts Parker.

    Based on my own EW count and the TRIN/ISEE/AAII stats I presented recently, I have recently turned bullish into February and probably even March-June, but I have been expecting a sizable short-term 5-10 day downturn since the extreme action at SPX 1226ish. Now, well over a week has gone by and SPX is about 1.5% higher. The time window for a drop has narrowed, and it might take a Fed or tax deal reaction to kickoff any downside this week. I am now planning to go long the next 20dSMA test based on my System guidelines OR to go short if this rally spikes higher into the first week of January. For what it's worth, in either path, I expect 1170-1200 to be retested before end of January with a subsequent rally to 1300ish with Nasdaq/RUT breaking their 2007 highs in different counts. All long bets are off if 1170-1175 is broken. Good luck.

    ReplyDelete
  7. PositionSizingDecember 14, 2010 at 12:06 PM

    Good analysis Stu.

    ReplyDelete
  8. AnonymousDecember 14, 2010 at 2:23 PM

    Has anybody considered that the Null Echo Low may have inverted into a high? The market is certainly showing signs of topping here. For example, the Value Index Index ticked a perfect measured move target off the last decline yesterday and turned lower. NASDAQ-100 and Semiconductors are weak. Apple, which is 20% of NASDAQ, has probably topped. Breadth really stinks. And the volume oscillator on the NYSE common stocks topped on the 3rd. In the last cycle, it topped 14 calendar days before the top---and Friday the 17th is 14 calendar days after the last high in the oscillator.

    And, needless to say from reading the comments on the various blogs, etc., sentiment is sky-high bullish.

    ReplyDelete
  9. AnonymousDecember 15, 2010 at 7:50 AM

    Parker,
    Haven't followed as closely as I should - but - it appears that if you take the A top to the B low(Nov 2008) and project - you got the Apr/May TOP of this year (High-Low-High).
    If you take the A high to the C (double bottom) low - you MIGHT get a top RIGHT NOW.
    And, the A high to the split bottom (B/C) projected a August LOW.
    Maybe the problem was in the interpretation?

    ReplyDelete
  10. PositionSizingDecember 15, 2010 at 5:52 PM

    Achal

    Please see my video called Tweaking T13

    http://www.youtube.com/watch?v=Y98LnH767_o

    I tweaked the start date Terry uses to come up with a late April top using Nov 08 low as a center post, and Nov 12 top using Mar 09 low as a center post.

    According to Terry, you can't use the NYAD peak in 2007 and the Mar 09 low because that produces the nulled echo low.

    ReplyDelete
  11. UnknownDecember 15, 2010 at 9:37 PM

    Thanks Parker - I resaw that video again. The issue is that Nov 12th was not the orthodox top as predicted by the T's. However, using Terry's original Jun '07 date and the Mar 09 lows projects a "turn" date in mid Dec 2010. If we DO get a high of sorts in December - then I would propose that the nulled echo low is the problem - not the turn dates using the two B and C bottoms.

    ReplyDelete
  12. PositionSizingDecember 15, 2010 at 11:10 PM

    Shivani

    Nov 12th may not be orthodox, but it's only a couple days off the current peak in the NY Advance Decline line. And only a couple days off a 50 point correction in the S&P.

    As I noted in a blog post recently, it's not uncommon for prices to rise (while the NYAD falls) during the early part of the left side of the "next T."

    See "Is T14 Starting?"

    ReplyDelete

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