tag:blogger.com,1999:blog-8765832528826242391.post4954546223563028197..comments2024-03-28T11:33:25.049-07:00Comments on Cyclical Market Analysis: $SPX - Volatile WeekSChttp://www.blogger.com/profile/09474760275693948933noreply@blogger.comBlogger124125tag:blogger.com,1999:blog-8765832528826242391.post-22274638541338849882011-07-19T13:33:36.502-07:002011-07-19T13:33:36.502-07:00My best take from the cycles is that SPX could see...My best take from the cycles is that SPX could see weakness and decline to 1307 next. However, I am not short SPX, and prefer to lean on the long side since I see a powerful rally likely brewing.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-12553708078528183982011-07-19T13:17:08.952-07:002011-07-19T13:17:08.952-07:00Thanks, SC. Is the reason for playing safe for SPX...Thanks, SC. Is the reason for playing safe for SPX is because of debt ceiling news? Since it might come out any time. Anyway, are you still expecting a small retracement to around 1303-1307 somewhere highlighted on the chart before it rocks to 1347 or it's possible will just go direct to 1347? Though, it might hard to tell with the debt news playing around, I guess. Thanks the good call on SPX.Rogerhttps://www.blogger.com/profile/08711301938018543184noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-4085683341456348002011-07-19T13:03:06.096-07:002011-07-19T13:03:06.096-07:00SC.. so are we still looking for 35.70 for point 9...SC.. so are we still looking for 35.70 for point 9??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-36315369897840992462011-07-19T12:59:52.282-07:002011-07-19T12:59:52.282-07:00I think so Choppy, but let's see how things sh...I think so Choppy, but let's see how things shape up next.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-9086408150889372672011-07-19T12:49:42.032-07:002011-07-19T12:49:42.032-07:00It's tricky to say Roger. In any case 1295 wa...It's tricky to say Roger. In any case 1295 was already hit, and so a retracement could make it to 1303-1307, but I don't see lower. The problem is that I can't say for certain if that retracement happens tomorrow. <br /><br />I do see near 1347 in a few days regardless. I'm playing it safe for SPX (though could regret that if it keeps running).SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-175214939882717242011-07-19T12:46:23.598-07:002011-07-19T12:46:23.598-07:0038.745 O_O38.745 O_OSantahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-84050137958140972122011-07-19T12:46:13.890-07:002011-07-19T12:46:13.890-07:00SC, do you think there still point 9 to 10? or we ...SC, do you think there still point 9 to 10? or we already have 10 when silver almost at 41?choppyhttps://www.blogger.com/profile/05080287810803554623noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-7622777241953798532011-07-19T12:44:43.196-07:002011-07-19T12:44:43.196-07:00bounced off 38.60...back into 39's again.
May...bounced off 38.60...back into 39's again.<br /><br />Maybe just shorts covering?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-59606144873923642352011-07-19T12:41:45.468-07:002011-07-19T12:41:45.468-07:00SC. As you mentioned, SLV runs inversely with S&am...SC. As you mentioned, SLV runs inversely with S&P. Since S&P top at your chart at today's high around 1328. If it decline to 1295 tomorrow, will that SLV go higher before it decline again?Rogerhttps://www.blogger.com/profile/08711301938018543184noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-19036941406979438512011-07-19T12:40:25.139-07:002011-07-19T12:40:25.139-07:0039.09...action is heating up39.09...action is heating upSantahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-56251270612691396692011-07-19T12:27:27.813-07:002011-07-19T12:27:27.813-07:00what worry me is SC's point 10. when that woul...what worry me is SC's point 10. when that would happen? cause between 9 and 10, looks like short amount of time.Santahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-71528713668139748832011-07-19T12:21:12.683-07:002011-07-19T12:21:12.683-07:00SC nice call on s&p. I just went flat.
Wow ...SC nice call on s&p. I just went flat. <br /><br />Wow silver really taking it. Hope to see a few more days of this kind of action.lixhttps://www.blogger.com/profile/09419814616861612503noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-27537617715870056282011-07-19T12:18:00.158-07:002011-07-19T12:18:00.158-07:00I am liking the action on Silver, letting it run f...I am liking the action on Silver, letting it run for now.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-87910698772336572272011-07-19T12:03:20.578-07:002011-07-19T12:03:20.578-07:00it takes time for ppl to digest the news. especial...it takes time for ppl to digest the news. especially those that dont have internet access during work hour...Santahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-73067186319733677382011-07-19T11:59:36.131-07:002011-07-19T11:59:36.131-07:00the sad thing is, we've only just pulled back ...the sad thing is, we've only just pulled back from yesterdays rise!<br /><br />we're at 39.30 which is where it closed on Friday!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-77189282098341067232011-07-19T11:57:38.711-07:002011-07-19T11:57:38.711-07:00Nice day, flat now on S&P. My cycle shows a d...Nice day, flat now on S&P. My cycle shows a decline to 1305-1307 or so next. Could apple be a disaster or something else? A glitch with this deal overnight. <br /><br />Financials are giving some warning signals today now. I'm playing it safe for SPX.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-14638158129037761402011-07-19T11:56:57.269-07:002011-07-19T11:56:57.269-07:00guys, be patient, I'm still red. even added to...guys, be patient, I'm still red. even added to shorts when it broke through 40.<br />This has been climbing for over a week, its only been dropping for an hour!<br /><br />Hopefully the Asians will take it down further and the Brits tomorrow.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-50532733092173146422011-07-19T11:56:14.840-07:002011-07-19T11:56:14.840-07:00predict this $1 dollar drop in silver price right ...predict this $1 dollar drop in silver price right now will reflect more significant drop in SLV tomorrow. Just cause there is like 1 more hour of trading. Thinking the after hour silver will plunge.Santahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-9157349811272198752011-07-19T11:50:22.448-07:002011-07-19T11:50:22.448-07:00SC,
cover shorts or wait for better bottom on 21st...SC,<br />cover shorts or wait for better bottom on 21st or 22nd.Bobhttps://www.blogger.com/profile/11656332988854440614noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-14067599498707367092011-07-19T11:27:41.110-07:002011-07-19T11:27:41.110-07:00oh man this is too much, off topic, anyone saw Rup...oh man this is too much, off topic, anyone saw Rupert Murdoch’s wife? LOL the "Tiger wife". I need someone like that to slap the tea party some sense to get the deal done faster LOLSantahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-55232764557912745782011-07-19T11:18:54.560-07:002011-07-19T11:18:54.560-07:00i need a hurricane, SC plz keep up date when you s...i need a hurricane, SC plz keep up date when you see point 9 reach.comathttps://www.blogger.com/profile/13687670139956227213noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-48149835364489890262011-07-19T11:16:29.854-07:002011-07-19T11:16:29.854-07:00oh InvestBB.. the chart looks a lot nicer now... l...oh InvestBB.. the chart looks a lot nicer now... looking forward to a bigger drop to start realizing some profits...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-48793253730542420332011-07-19T11:14:40.773-07:002011-07-19T11:14:40.773-07:00Bob, A men.
Would love a earthquake or planet exp...Bob, A men.<br /><br />Would love a earthquake or planet explode anytime now. lolSantahttps://www.blogger.com/profile/12676163183934734551noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-39368798048806767552011-07-19T11:06:43.844-07:002011-07-19T11:06:43.844-07:00Can't even believe it. I bought some GLD puts ...Can't even believe it. I bought some GLD puts and not 15 minutes later, it comes crashing down. Loving this.Rowleyhttps://www.blogger.com/profile/06910910440386526879noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-55472592060848692172011-07-19T11:06:11.008-07:002011-07-19T11:06:11.008-07:00man, i need a flood; still red.man, i need a flood; still red.Bobhttps://www.blogger.com/profile/11656332988854440614noreply@blogger.com