Goldmember Posted January 9, 2012 Report Share Posted January 9, 2012 Tech looks the weakest, nice for a change. I'm sticking firm for a nice let go today, orderly or otherwise. As for trend change or anything big like that? I'm only interested in a nice whole day of selling, selling, selling, and some more selling...all day long and maybe into the morning. Link to comment Share on other sites More sharing options...
Grand Poopercycle Posted January 9, 2012 Report Share Posted January 9, 2012 Ex-CNBS hosemonster Trish Regan now shilling on Buttberg TeeVee. Someone has to cover TJ's beats. Link to comment Share on other sites More sharing options...
DrStool Posted January 9, 2012 Report Share Posted January 9, 2012 spx 2 day cycle projection 1273-74. woohoo. Link to comment Share on other sites More sharing options...
Lugnut Posted January 9, 2012 Report Share Posted January 9, 2012 West Texas Crude zeroing in on the 100 mark. Link to comment Share on other sites More sharing options...
DrStool Posted January 9, 2012 Report Share Posted January 9, 2012 Tech looks the weakest, nice for a change. I'm sticking firm for a nice let go today, orderly or otherwise. As for trend change or anything big like that? I'm only interested in a nice whole day of selling, selling, selling, and some more selling...all day long and maybe into the morning. What was your tipoff? Link to comment Share on other sites More sharing options...
Jetlag Posted January 9, 2012 Report Share Posted January 9, 2012 Dang! missed by 3 full pips. Link to comment Share on other sites More sharing options...
Trader Joe Posted January 9, 2012 Report Share Posted January 9, 2012 Seeing the same pattern ...over and over and over....again and again and again - Waterfall panic in August 2010 - Several months of consolidation, fits & starts, shits & grins - Solid bases built over that time frame, in many "names" - Now rising form the dead - On verge of challenging former support -- now called resistance If resistance busted, epic Madness space needle on tap If resistance wins, LOB (queue war with Iran and $150-200 crude, collapse of Euro zone and explosion of Japanese Debt Bomb) There, now I can say I "called it" on January 9th No matter what happens! Link to comment Share on other sites More sharing options...
Goldmember Posted January 9, 2012 Report Share Posted January 9, 2012 What was your tipoff? Twin 261.8%s, and a resistance trend line down from previous highs, and very little time left for an old fashioned down-phase at the end of a 13-day cycle, 5-day cycle. This could also be a kick-off of a down-phase in a 6-7 week cycle with a week of down possible. This could also be the head-chopping initial down-thrust of a 5-6 month cycle, though it probably will have some oomph after today and maybe into tomorrow selling, then reasserting itself for possibly a run at prior highs. It may abort and seriously fail for some sideways to down culminating in down in about a month or so from now. Mid January into mid February could be great for traders and bears. Link to comment Share on other sites More sharing options...
Trader Joe Posted January 9, 2012 Report Share Posted January 9, 2012 As for the real world I'm counting on something in the "slow and steady" category The kind of environment where option premiums are ground into dust (or cash, should you happen to be the writer of said pieces of shit script) Note: found image on the side of the road, box and annotations in pic not mine Link to comment Share on other sites More sharing options...
stoolbob-brownpants Posted January 9, 2012 Report Share Posted January 9, 2012 Tech looks the weakest, nice for a change. I'm sticking firm for a nice let go today, orderly or otherwise. As for trend change or anything big like that? I'm only interested in a nice whole day of selling, selling, selling, and some more selling...all day long and maybe into the morning. Selling, selling, selling, selling, Selling, selling, selling, all day long, I want selling all day long, How do you like my selling song? Link to comment Share on other sites More sharing options...
Goldmember Posted January 9, 2012 Report Share Posted January 9, 2012 Selling, selling, selling, selling, Selling, selling, selling, all day long, I want selling all day long, How do you like my selling song? "Sing it all day, Jethro!" "I got my dancin'/stompin' boots on, Willard!" Link to comment Share on other sites More sharing options...
DrStool Posted January 9, 2012 Report Share Posted January 9, 2012 Twin 261.8%s, and a resistance trend line down from previous highs, and very little time left for an old fashioned down-phase at the end of a 13-day cycle, 5-day cycle. This could also be a kick-off of a down-phase in a 6-7 week cycle with a week of down possible. This could also be the head-chopping initial down-thrust of a 5-6 month cycle, though it probably will have some oomph after today and maybe into tomorrow selling, then reasserting itself for possibly a run at prior highs. It may abort and seriously fail for some sideways to down culminating in down in about a month or so from now. Mid January into mid February could be great for traders and bears. Got it. The fibos are a nice addition to time counts that I agree with. Link to comment Share on other sites More sharing options...
Goldmember Posted January 9, 2012 Report Share Posted January 9, 2012 Got it. The fibos are a nice addition to time counts that I agree with. All we need is some selling. I love the fibos and try and keep track. The 161.8 and 261.8 have a very good track record very much in sync with cyle tops, and bottoms if I draw them appropriately. Some nice signals have occured. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 9, 2012 Report Share Posted January 9, 2012 AAPL hit new all time highs. So yes, i'm still expecting higher prices.. Link to comment Share on other sites More sharing options...
FranciscoTheMan Posted January 9, 2012 Report Share Posted January 9, 2012 Another balmy day in Baghdad by the Bay. I think it is completely reasonable to expect an apocalyptic fire season this year. Link to comment Share on other sites More sharing options...
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