MrHankydoesWallStreet Posted December 13, 2003 Author Report Share Posted December 13, 2003 MHWS Updated 12-13-03 http://stoolcities.capitalstool.com/mrhanky/ Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 13, 2003 Author Report Share Posted December 13, 2003 Screw the manipulated mess of stock indices ...I need to pay more attention to the dollar AND bond markets: Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 13, 2003 Author Report Share Posted December 13, 2003 Close above the 1987 low 1X1 but with the market forming many "CRACKS" False Break in progress... Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 13, 2003 Author Report Share Posted December 13, 2003 Silicon for the masses... Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 13, 2003 Author Report Share Posted December 13, 2003 (posted here too in case you missed it) The end, You are correct, THIS week did CLOSE above the 1987 Low 1X1! Like most forms of S/R ...brief incursions above or below Gann levels or what Gann himself termed "false breaks" lead to the most powerful reversals. Therefore, particularly in light of many other "cracks" appearing in market internals, non-confirmations, and recent notable weakness in the same old leaders. Doc's trusty Mo Gauge and Feedometer also telling us storm clouds are again gathering. I am looking for an IT top soon. My Hank-o-meter continues to register moderate bullishness and is what I am watching closely now to confirm all of this. I will truly be befuddled if we make it much into Jan without a good sell off???? However, all the cycle work I now follow, says it will not be a crash from here but another rally into March - June of next year before we have major negative cyclical pressure and bears can exit from long hybernation. We shall see. For now, I see an "easy" trade set up in bonds and it looks like they may be about to embark on another sharp move. Also looking to re-enter HUI. Not adding any more short trades for now. Regards, Hank Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 13, 2003 Author Report Share Posted December 13, 2003 WWCA Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 14, 2003 Author Report Share Posted December 14, 2003 Have a new name for NYB index "The Feeding Frenzy" ...watch your fingers and toes! Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 14, 2003 Author Report Share Posted December 14, 2003 Aussies continue to be good to me... Maybe try and they be good to you too... Link to comment Share on other sites More sharing options...
richmtn Posted December 14, 2003 Report Share Posted December 14, 2003 Looks a lot like another expanding leading diagonal. What think you? Link to comment Share on other sites More sharing options...
richmtn Posted December 14, 2003 Report Share Posted December 14, 2003 I've been maintaining some Gann charts that BlackBelt created back in the spring. I don't know much Gann but I love looking at the charts and thought you might be interested. The only thing I have changed on the chart is to add the teal dashed Gann line. I duplicated the angle relationship BB used on the rest of the chart. BB Memorial Weekly S&P Gann: Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 14, 2003 Author Report Share Posted December 14, 2003 richmtn, close-up view Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 14, 2003 Author Report Share Posted December 14, 2003 Hmmm, BOTH Bonds and Utils ready to break ..... Interest rates going to make a big move somewhere pretty soon... Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 14, 2003 Author Report Share Posted December 14, 2003 Hmmm, Gotta look at my own Gann overlays...sure looks like a Sq High overlay...but not quite the way I was taught... Link to comment Share on other sites More sharing options...
MrHankydoesWallStreet Posted December 14, 2003 Author Report Share Posted December 14, 2003 R U Ready? Link to comment Share on other sites More sharing options...
FeedFool Posted December 17, 2003 Report Share Posted December 17, 2003 Remember they goose the market for the all-important holiday shopping seasons after 9-11 and same thing has been happening all over again. Link to comment Share on other sites More sharing options...
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