Jump to content

Obfuscated orbit


Recommended Posts

Posted

A negative start for the early openers: Kiwis -0.2%, Aussies and Sth Korea -0.9%. Japan closed today.

 

In the Aussie markets, Gold is the sole green sector, +0.8% with IT -1.4%, Energy, Financials and REITS all -1.2%.

 

 

t?s=%5ENZ50

 

 

t?s=%5EAORD

  • Replies 77
  • Created
  • Last Reply
Posted

I have posted two Weekend Updates, one for the SPX (on Saturday), and one for the NDX (today). The SPX update and chart can be found on the blog.

 

Weekend Update: NDX Count

 

The NDX is looking a bit different than the SPX. The NDX appears to have already completed a textbook-perfect first wave down. It is possible that the NDX has also finished, or is close to finishing, its second wave retracement... however, there is a need to reconcile the NDX count with the SPX count. This leads me to believe that the NDX will form a more complex second wave, likely a larger A-B-C expanded flat...

 

continued at http://PretzelCharts.blogspot.com

 

post-160-13164002287744.png

Posted

Dr. Copper reminiscing about 2010

 

post-1726-13164033243336.png

 

Got an inverted cup and handle look to it.

Posted

w?s=%5EAORD

 

 

Mournful Monday here. All Ords closed down -1.6% led by Energy -2.6%, REITS -2.1% and IT -2%. Gold was the only green sector, up a miniscule +0.1%.

 

Down in Asia: China -1.6%, Honkers -2.7% and India -1.1%.

 

 

On to UK/Europe:

 

 

image;size=239x110

 

 

 

image;size=239x110

 

 

 

image;size=239x110

Posted

Anyone else see the irony in the fact that...

 

...during the real-estate-Boom-fiasco, you could get cash-out refi's funded in weeks or sometimes even days

 

But to work through a foreclosure takes years

 

The Banks -- what would we do without them?

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...