blackbelt Posted March 3, 2003 Report Share Posted March 3, 2003 SPX - 60m My expectation is that today we put a high and we drop 3 days to a late 3/5/03 or early 3/6/03 low (as long as we stay below 852.87) Link to comment Share on other sites More sharing options...
Slothrop Posted March 3, 2003 Report Share Posted March 3, 2003 I'm still way short, looking for 780 S&P this month. RGLD reacting to the Barron's article. KCS -- last week's #3 gainer on the exchange, mentioned here early in the week by a quiet, low-key stoolie...still looks good. Link to comment Share on other sites More sharing options...
Slothrop Posted March 3, 2003 Report Share Posted March 3, 2003 Adding new shorts, such as PG and MMM. 3-month high in OXY, looks like a buy. Link to comment Share on other sites More sharing options...
blackbelt Posted March 3, 2003 Report Share Posted March 3, 2003 TRIN_5 (5m TRIN) with 5/20 MA - NYSE (positive crossover indicates selling pressure) TRIN_5 (5m TRIN) with 5/20 MA - NASDAQ See how the gap up early in the morning was not supported by this indicator (breath) Link to comment Share on other sites More sharing options...
sniff Posted March 3, 2003 Report Share Posted March 3, 2003 SPX 836, looks interesting,...this chart is slightly stale. maybe 15 minutes. Also some congestion around 840 An interesting thing about fib lines that most already know. Depending on the timeframe and where one marks the hi and low. One can get all kinds of fib numbers. For a quick look , I usually just throw a fib grid on the chart and look for matching ranges, congestion and res. & supp. levels... Link to comment Share on other sites More sharing options...
Rockhead Posted March 3, 2003 Report Share Posted March 3, 2003 SPY 15 minute Last couple days have been saying that this chart period seems to be the "best match" for the recent action since 2/25/03. Top or buying point........hmmmmmmmmm. Things to consider............ 1. Major cycle top printed. 2. Top being printed close to when a timing band is being printed (green horizontal dots). 3. Accumulation about to go negative, but still right above zero. 4. 1 minute SPY wave is down. 5. 5 mintue SPY wave is down. Its either a top, or a getting close to a nice buying point for u 15 minute chart players....it all depends on your time frame. Link to comment Share on other sites More sharing options...
blackbelt Posted March 3, 2003 Report Share Posted March 3, 2003 ZBRA - D Potential "Bearish Gartley" Link to comment Share on other sites More sharing options...
sniff Posted March 3, 2003 Report Share Posted March 3, 2003 BB, thanks for the gartley on ZBRA, I will run the numbers, now that I know how..... Watching the volume Link to comment Share on other sites More sharing options...
blackbelt Posted March 3, 2003 Report Share Posted March 3, 2003 EXPE - D Something to watch.... Link to comment Share on other sites More sharing options...
Contrarian Posted March 3, 2003 Report Share Posted March 3, 2003 After some zig-zags on the ST and a tight little loop on the ST, I think historical patterns favor a downside projection - but we are not in sufficiently overbought territory to rule out another funky loop up before a down leg projecting +/- .15pts per hour for 10 hours on HOURLY SPY data: my ST chart and my IT Attractor For those unfamiliar with my charts, an explanation can be found here. It focuses on daily data but is applicable to hourly by substituting hours for days in the trends, moving averages, lookback periods, slopes, etc Link to comment Share on other sites More sharing options...
Contrarian Posted March 3, 2003 Report Share Posted March 3, 2003 I had some trouble posting my updated charts - please refresh to make sure you get the correct pictures Link to comment Share on other sites More sharing options...
K Wave Rider Posted March 3, 2003 Report Share Posted March 3, 2003 Pretty lil wedge on RUT thus fur. Link to comment Share on other sites More sharing options...
Slothrop Posted March 3, 2003 Report Share Posted March 3, 2003 HUI below Friday's low, but XAU holds up. I have 5 waves down on these. RGLD wash-out typical of a "bottom." I'll start re-adding miners today. Link to comment Share on other sites More sharing options...
Slothrop Posted March 3, 2003 Report Share Posted March 3, 2003 E wave complete on S&P. So...next leg down is 5th wave. No "3rd of 3rd" quite yet. Link to comment Share on other sites More sharing options...
Guest BEARDRECH Posted March 3, 2003 Report Share Posted March 3, 2003 1364 or 1380? Regards, Vesselin bontchev is there a nomenclature avalilable for those would-be trapezoids,degenerate(geometricall not pejorative) parellelograms,pseudo-rhombuses,angles and so forth??- if there was a labeling system for the likes of us lurkers it would be very helpful;for example you could also algebraicize it for us by saying the top of P1 isa' prime and when it intersects c" it means *********;this labeling t would be like you giving us a third-eye something like a braille system on roids--by the way i thank u calling the goldies; i didnt act on it but ive put your insights into my thinktank reserving them for future action-- beardrech Link to comment Share on other sites More sharing options...
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