tag:blogger.com,1999:blog-8765832528826242391.post2941903032122656971..comments2024-03-28T11:33:25.049-07:00Comments on Cyclical Market Analysis: $SPX - BottomedSChttp://www.blogger.com/profile/09474760275693948933noreply@blogger.comBlogger72125tag:blogger.com,1999:blog-8765832528826242391.post-20753769071297688982012-05-19T08:24:17.609-07:002012-05-19T08:24:17.609-07:00Yes, the timing looks good. Thanks ZZ. The summe...Yes, the timing looks good. Thanks ZZ. The summer months look calm to me then drop into a major bear market.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-37623914793540670952012-05-19T08:12:06.522-07:002012-05-19T08:12:06.522-07:00We're still following this one pretty close an...We're still following this one pretty close and it's not going to be exactly the same. The uptrend should take us higher by September.ZigZaghttps://www.blogger.com/profile/01342081086588921653noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-19671442790904899572012-05-19T08:01:56.901-07:002012-05-19T08:01:56.901-07:00'Good call' ? 'Again' ? sun_shine ...'Good call' ? 'Again' ? sun_shine dude what have you been smoking? How do you know that 'SPX - Bottomed' is a 'good call'? <br /><br />As for 'again', the last call was for very positive cycles all of last week. If you were long, anticipating such 'positive cycles all week', how would your account look at the end of the week?cbear2https://www.blogger.com/profile/16201145337136246467noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-19920476715500293042012-05-18T22:09:17.526-07:002012-05-18T22:09:17.526-07:00Zigzag, your chart shows the April low holding, bu...Zigzag, your chart shows the April low holding, but that hasn't happened with this latest move down.<br /><br />Are you reconsidering the chart you are following?SS76https://www.blogger.com/profile/05254142166449670930noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-79932968602645620272012-05-18T21:53:06.549-07:002012-05-18T21:53:06.549-07:00can you elaborate? What last post are you referri...can you elaborate? What last post are you referring to.SS76https://www.blogger.com/profile/05254142166449670930noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-72690369950401478102012-05-18T18:30:50.946-07:002012-05-18T18:30:50.946-07:00The trick with patterns is always to figure out wh...The trick with patterns is always to figure out which pattern will confirm and follow through. The only way to differentiate is to combine with other methods of analysis. <br /><br />Specifically in terms of 87, the market rallied strongly for years into the high before the collapse. In this case the rally has only been since Oct. So the market won't have the level of exhaustion to fall as in 87. <br /><br />My outlook for the year is bearish, but we're going to see a rally and some more whipsaws before it falls.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-43572847310341370932012-05-18T16:23:50.286-07:002012-05-18T16:23:50.286-07:00Thanks, SC. Is there any guideline that will help...Thanks, SC. Is there any guideline that will help us to pick the right fractals?pandahttps://www.blogger.com/profile/02771775943038846903noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-11052463963519127132012-05-18T15:47:09.603-07:002012-05-18T15:47:09.603-07:00Panda,
I have seen the 87 pattern, and no it doe...Panda, <br /><br />I have seen the 87 pattern, and no it does not fit with the current situation. I am bearish later in the year, but we will test the highs before that occurs. <br /><br />We always have to be careful with fractals because while they look the same on the surface the end results are different.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-29645159639328283482012-05-18T14:42:59.339-07:002012-05-18T14:42:59.339-07:00Refer to my last post.Refer to my last post.ckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-52140724658640174242012-05-18T14:39:52.904-07:002012-05-18T14:39:52.904-07:00SC, The price action looks eerily similar to the 8...SC, The price action looks eerily similar to the 87 right before the crash. Could you comment on this?pandahttps://www.blogger.com/profile/02771775943038846903noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-38274986400115751322012-05-18T13:33:30.357-07:002012-05-18T13:33:30.357-07:00Really hope you are right.....1350 - 1375 would be...Really hope you are right.....1350 - 1375 would be just fine for me!SS76https://www.blogger.com/profile/05254142166449670930noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-89847787161177052432012-05-18T13:14:08.008-07:002012-05-18T13:14:08.008-07:00I want to see how it acts at $31-32. That is a sp...I want to see how it acts at $31-32. That is a spot it could fail on this bounce. Yes, later this year it is heading much lower imo. It could be the best commodity short of the year, but it is important to see how it acts at that level first. <br /><br />Once it breaks $26 it is game over.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-57699168324768289712012-05-18T13:03:09.050-07:002012-05-18T13:03:09.050-07:00thanks. so 31-32 and then target new lows in late ...thanks. so 31-32 and then target new lows in late 2012. 18/oz or lower?AMhttps://www.blogger.com/profile/16653995150217130058noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-76224773597084670082012-05-18T12:36:37.572-07:002012-05-18T12:36:37.572-07:00The reason I'm confident that the market will ...The reason I'm confident that the market will bounce well out of this low is that my price pattern called for the waterfall move late in April. The market confirmed, and we've seen the waterfall move. <br /><br />The pattern also shows the big bounce that comes next, and it is going to be just as surprising.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-26671806949685612172012-05-18T12:11:03.281-07:002012-05-18T12:11:03.281-07:00I'm holding for a bounce, and have a plan for ...I'm holding for a bounce, and have a plan for next week which I will outline with charts.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-19807157833431747422012-05-18T12:09:37.444-07:002012-05-18T12:09:37.444-07:00The market is going to do well for the next 2 week...The market is going to do well for the next 2 weeks.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-40945008348424818432012-05-18T12:08:18.649-07:002012-05-18T12:08:18.649-07:00Is it better to sell XIV today and buy back in nex...Is it better to sell XIV today and buy back in next week or do you see a bounce on Monday? thxGSKhttps://www.blogger.com/profile/09273380472447027796noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-60999860062864211592012-05-18T12:03:42.403-07:002012-05-18T12:03:42.403-07:00SC,
HVU is up more then 100% in one week, how we ...SC,<br /><br />HVU is up more then 100% in one week, how we are going to see $ 4 on HVU within next week or so, specially when no good news is coming or around corner?Stockboomhttps://www.blogger.com/profile/02858305761023998639noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-53622671732227241602012-05-18T12:01:33.828-07:002012-05-18T12:01:33.828-07:00Wall St. timed the FB IPO for near a bottom in the...Wall St. timed the FB IPO for near a bottom in the market.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-48856911387871869752012-05-18T11:59:54.657-07:002012-05-18T11:59:54.657-07:00I'm sitting tight over the weekend.I'm sitting tight over the weekend.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-4343558794329202062012-05-18T11:58:32.894-07:002012-05-18T11:58:32.894-07:00Don't worry SS. I have a plan for next week. ...Don't worry SS. I have a plan for next week. There is a way to fix this trade, and I have some good news too. I'll explain with the charts.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-9254850886271411942012-05-18T11:55:27.650-07:002012-05-18T11:55:27.650-07:00well, the thing is now it looks like 1300 is a hug...well, the thing is now it looks like 1300 is a huge ass resistances. It will take a miracle(manipulation from wall st, normally happens lol) to break that resistance and go to 1350+. I would pray FB doesnt get sell of in AH today. Cause all the hype on FB was able it being a bullish move for the bull, but so far, it not looking like the light. There is just too many insider selling on day 1, which give a bad image for the company already...Santahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-32626784073789019702012-05-18T11:48:10.315-07:002012-05-18T11:48:10.315-07:00At this point I pray.At this point I pray.SS76https://www.blogger.com/profile/05254142166449670930noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-49613338410541284462012-05-18T11:35:56.226-07:002012-05-18T11:35:56.226-07:00Hi SS76
some how I dont think we will see a bounc...Hi SS76<br /><br />some how I dont think we will see a bounce anytime soon, especially not end of today, since who is going to hold their long over a long weekend? Come Tuesday, could be more selling if people seeing FB crash in AH today. Just my thought. But all technical is pointing a bounce.<br /><br /><br />Thanks!Santahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-62758941402748169042012-05-18T11:28:30.269-07:002012-05-18T11:28:30.269-07:00F'me, I'm down huge on HVI now.....bought ...F'me, I'm down huge on HVI now.....bought at $8.72 and wondering if I'm going to get my money back!SS76https://www.blogger.com/profile/05254142166449670930noreply@blogger.com