tag:blogger.com,1999:blog-8765832528826242391.post5695673562590758945..comments2024-03-27T08:45:49.016-07:00Comments on Cyclical Market Analysis: $SPX - Long Term ResistanceSChttp://www.blogger.com/profile/09474760275693948933noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-8765832528826242391.post-42658671826328083822011-12-28T08:05:48.954-08:002011-12-28T08:05:48.954-08:00SC, you da man.SC, you da man.SS76https://www.blogger.com/profile/05254142166449670930noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-91574466808097929402011-12-28T06:09:53.408-08:002011-12-28T06:09:53.408-08:0028th looking positive so far. Man, I hope the nex...28th looking positive so far. Man, I hope the next 3 days are bearish, I'm short.SS76https://www.blogger.com/profile/05254142166449670930noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-32662964279413962062011-12-27T20:05:57.891-08:002011-12-27T20:05:57.891-08:00Well, I'm holding HVU, so the combination of y...Well, I'm holding HVU, so the combination of your price forecasts, along with the amount of DEBT that needs to be rolled over in January alone, could be making for the perfect storm.SS76https://www.blogger.com/profile/05254142166449670930noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-79589336324447426082011-12-27T14:17:33.095-08:002011-12-27T14:17:33.095-08:00Early Warning Sell Signal
http://markethighsandlow...Early Warning Sell Signal<br />http://markethighsandlows.wordpress.com/2011/12/27/update-12-27-new-mkt-map/sammyhttps://www.blogger.com/profile/13112018154461390396noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-70832646823747365862011-12-27T12:30:12.449-08:002011-12-27T12:30:12.449-08:00Yes, Doug called the 666 bottom (what he deems as ...Yes, Doug called the 666 bottom (what he deems as a generational low) and the bottom in Oct at 1075.<br /><br />He thinks the first half of 2012 will be flat and at the end we rip higher led by financials of all things.<br /><br />His call in 2010 for 2011 was that SPX would finish flat............which was spot on.ckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-33590544780694822732011-12-27T10:15:36.082-08:002011-12-27T10:15:36.082-08:00This outlook sounds quite bearish and gloomy for t...This outlook sounds quite bearish and gloomy for the coming months, and yes I see a 20% drop from current levels, but consider that even 1025 is only 50 points lower than the Oct low. <br /><br />So really my outlook isn't all that bearish. <br /><br />I think Doug called a bottom at 1100 which was a decent call. I don't see his new high call working out given the timelines.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-72966455388081093622011-12-27T10:08:41.216-08:002011-12-27T10:08:41.216-08:00My work is bearish until Spring. I see a solid bo...My work is bearish until Spring. I see a solid bounce from 1044 area, but that still is not the bottom. Expecting a panic and test of 1025 area after that. All of this is going to take months, and shows up in my symmetry work. I'm sure this is what is coming.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-1052014149962643222011-12-27T09:52:22.485-08:002011-12-27T09:52:22.485-08:00Wow,
Doug Kass (whom I respect) is calling for al...Wow,<br /><br />Doug Kass (whom I respect) is calling for all time highs on the SPX in 2012.ckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-27750268128497246192011-12-27T09:45:55.791-08:002011-12-27T09:45:55.791-08:00Today always looked positive for SPX, things turn ...Today always looked positive for SPX, things turn negative starting tomorrow.<br /><br />Gold and Silver are slow, but the action should pick up. I still think we should see a spike up in the metals. <br /><br />Thanks Blake, hope you had a nice holiday as well!SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-89955071251020878872011-12-27T09:37:06.500-08:002011-12-27T09:37:06.500-08:00On my SPX charts, the yellow fork line comes in at...On my SPX charts, the yellow fork line comes in at 1197 on Jan 6th. So that is a minimum target on that date. The target for the entire downleg is 1044 though I think the slide down could take a month to reach there.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-10526765928766316052011-12-27T09:33:10.289-08:002011-12-27T09:33:10.289-08:00Blake, you need to wait a few days; Again, at the ...Blake, you need to wait a few days; Again, at the end of the week, silver is likely to set above $30.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-58147533439741653202011-12-27T09:25:45.974-08:002011-12-27T09:25:45.974-08:00SC, from current action it seems unlikely that gol...SC, from current action it seems unlikely that gold and silver will rally sharply this week before pushing lower. Any insight? Thanks! Hope you had a nice holidayBlakehttps://www.blogger.com/profile/08650600450661791461noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-35814483509364933332011-12-27T09:18:12.267-08:002011-12-27T09:18:12.267-08:00SC,
What is your target for the 6th-9th?
ThanksSC,<br /><br />What is your target for the 6th-9th?<br /><br />Thanksckoreyhttps://www.blogger.com/profile/01163819664255449052noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-29018315858318307782011-12-27T09:12:53.571-08:002011-12-27T09:12:53.571-08:00Yes, Gold hovering at 50% retracement to the lows ...Yes, Gold hovering at 50% retracement to the lows Dec 15th.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-6059721175922950952011-12-27T09:01:20.824-08:002011-12-27T09:01:20.824-08:00PM's just continue to bleedPM's just continue to bleedBlakehttps://www.blogger.com/profile/08650600450661791461noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-77840699583594693802011-12-26T12:40:30.520-08:002011-12-26T12:40:30.520-08:00It's been a recurring theme for a while, but w...It's been a recurring theme for a while, but when BAC slips under $5/share for several days there will most likely be forced selling brought on by institutions - that will force their hand.Robhttps://www.blogger.com/profile/13425321450644450475noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-3362154545084095172011-12-26T12:29:40.350-08:002011-12-26T12:29:40.350-08:00It's not a new problem, but they will have to ...It's not a new problem, but they will have to do something with it soon.<br /><br />The market is forcing their hand.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-23297895687524743332011-12-26T12:08:11.946-08:002011-12-26T12:08:11.946-08:00Look like there'll be a BAC bailout within the...Look like there'll be a BAC bailout within the next few months at this rate.Robhttps://www.blogger.com/profile/13425321450644450475noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-2189866200340095432011-12-26T12:00:06.944-08:002011-12-26T12:00:06.944-08:00http://www.cnbc.com/id/45790082
The intensity of...http://www.cnbc.com/id/45790082 <br /><br />The intensity of the BAC chatter is increasing.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-56070919427026377592011-12-26T11:53:55.493-08:002011-12-26T11:53:55.493-08:00Yes that white line originates in the 1970's, ...Yes that white line originates in the 1970's, and then in 1996 the market broke out above into the tech bubble. I think it is the most important dividing line that there is....SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-21559698805291239412011-12-26T11:33:26.681-08:002011-12-26T11:33:26.681-08:00BAC has managed an oversold bounce recently up fro...BAC has managed an oversold bounce recently up from the low due to a relentless downtrend. It may bounce some more short term. However, it is incredibly weak having lost most of it's value in an overall flat year for SPX. <br /><br />Yes, I do follow the Euro situation as well. Europe is still weak, but overall I think the negative news is more likely to come from the US rather than Europe over the next few months.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-55164589361584943292011-12-26T11:21:21.241-08:002011-12-26T11:21:21.241-08:00SC, What does the white line represent? Does it d...SC, What does the white line represent? Does it date back to some earlier trend line or support level? Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-35972398456885686212011-12-26T10:29:07.204-08:002011-12-26T10:29:07.204-08:00SC, thanks again for the reply. I'm net short...SC, thanks again for the reply. I'm net short, just so you know where I stand. I've been watching BAC closely as well. I have to say, the recent strength in BAC has me surprised as I'm sure you as well. Nevertheless, my bearishness is tempered by this current rally which seems to have given the tech signals the bulls have been itching for to push the markets much higher. To suggest the contrary, that we plunge this week, as nice as it sounds for me, sounds unrealistic. Let's see how this week progresses. BTW, do you follow the currencies too, specifically the EUR/USD?sydistichttps://www.blogger.com/profile/08166397543062607199noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-8264708760524861922011-12-26T10:21:50.366-08:002011-12-26T10:21:50.366-08:00A quick spike for Silver $31 and then it can retes...A quick spike for Silver $31 and then it can retest it's lows in the $27-28 range soon afterwards. This will be an opportunity as I see Silver setting up for a parabolic move into Feb $37 area.SChttps://www.blogger.com/profile/09474760275693948933noreply@blogger.comtag:blogger.com,1999:blog-8765832528826242391.post-86327252974386241192011-12-26T09:57:40.418-08:002011-12-26T09:57:40.418-08:00SC, when do you think silver will start to decline...SC, when do you think silver will start to decline ?Anonymousnoreply@blogger.com