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Why Not …? US STEEL
Posted on October 16, 2015 Leave a Comment
X is a dog … but, if you look at the picture painted, why not? Get out below 10 and run w/ it? I saw the breakout earlier this year and thought we had a run going but it failed, big time into the lows shown. but taking a step back and looking at it […]
$BABA
Posted on October 16, 2015 Leave a Comment
10/16/2015 update to BABA – note the butterfly BUY that hit. we’ve rallied nicely and when we roll 3 waves into a new low, that’s a B wave and the move from 56 to 74 sure smells like a C wave. So, might want to take some off or close OR perhaps look for an […]
$WMT ,November 2013 looking for the top and now 55-56 for support
Posted on October 15, 2015 Leave a Comment
Here’s the picture of $WMT in 2013 – sure looked, at the time, we were finishing 5 waves and the circle area was the target area for a “potential” top. Target was hit and yesterday the move rally began. Hard to believe it’s roughly 2 years ago that this pattern was ID’d and it took […]
Soybeans
Posted on October 10, 2015 Leave a Comment
the target was lower than originally planned but it appears the node from August 1970 is holding. I expect up from here. Bart
SBUX and Coffee Prices …
Posted on October 10, 2015 1 Comment
one would think that IF the price of coffee is going up THEN it would have an impact on SBUX operations? first chart – SBUX – candles and Coffee Futures – blue line I don’t see much of a correlation ….. How about, SBUX RELATIVE STRENGTH COMPARED TO COFFEE FUTURES? THE RATIO OF SBUX/COFFEE? now, […]
$TWTR update as of 10/10/2015
Posted on October 10, 2015 1 Comment
$TWTR to find significant resistance, if not continue downtrend in the 32-34 area.
Junk Bonds …boom, right on the target area. K E Y !!
Posted on October 4, 2015 Leave a Comment
Junk Bonds … just think of em’ this way…risk investments and a yield play. in a volatile world, they aren’t so smart so institutions try to get out of them. keep it simple … note coming into the 2009 low they were crashing .. a nice bounce and then meandered around into June 2014 then […]
musical note E, 1896, 1987, 2007 and now
Posted on October 4, 2015 2 Comments
What a great day yesterday … was working thru what my wife calls the “man flu,” it was pouring rain and nothing but great college football and logs. I know, that was geeky but during half-time of the Navy vs AF game I just sat down in front of my computer and said “self, let’s […]
Stonehenge, the Pyramids and the high on the NYSE Index …
Posted on October 3, 2015 Leave a Comment
I’ve been asked, why do you use long term log charts so much …? Frankly, I think they are the MOST important tool in a chartists tool box. When a mathematical property (LOGS, ANTI-LOGS, EXPONENTS) are responsible for the British Foot System, Stonehenge and the Great Pyramids I take notice … In a prior post […]
Bart's Charts 