Uncategorized Category
the case for $170 oil ….
Posted on November 28, 2014 Leave a Comment
one chart – the only thing wrong w/ this chart is the length of the data. “wish” I had longer time frame oil prices. however, based on that I put together this count. rules: 2 can’t go below the origin of 1: check. 3 can’t be the shortest: check 4 can’t go below 1: check […]
Chinese Yuan … decline continuing?
Posted on November 28, 2014 4 Comments
Per Bloomberg.com a couple hours ago: China’s one-year interest-rate swaps completed the biggest weekly drop in four months after the central bank cut borrowing costs and stopped draining funds in open-market operations. The People’s Bank of China reduced its benchmark rates for the first time since 2012 a week ago, supporting growth in an economy […]
Andy and @seeitmarket
Posted on November 27, 2014 Leave a Comment
Folks, have been sending Andy some pretty amazing work of late. Follow this link: http://www.seeitmarket.com/author/james-bartelloni/ Just sent him over a Agricultural look (DBA, Corn, Wheat, Soybean, Sugar) and how it sure looks like they are going to begin a very strong “corrective” bounce OR start a trend in the bullish direction that could last for a […]
Butterfly Effect and the markets …
Posted on November 13, 2014 Leave a Comment
you know what, that theory was proven … its’ fact folks, scientific fact. done … no more discussion needed. so if the physical manifestation of a butterfly can make typhoons happen how powerful are thoughts? thoughts ARE things and EVERYTHING is a VIBRATION so … what IF, just what IF, the PATTERN on the German […]
Nike and the Perpendicular Bisector .. yes, I just typed that!
Posted on November 12, 2014 2 Comments
I’ve shown this technique, successfully, on the parabolic run in IBB, AAPL and others. I’m not going to repeat it here – search on this website for IBB or AAPL and Sir Isaac Newton and the APPLE falling from the tree. But what I’m going to do is go chart by chart to TRY and […]
BIDU follow up
Posted on November 11, 2014 Leave a Comment
11/11/2014 was too early on this count, as you can see below. Now, we are approaching some very stiff resistance as shown. another target is 295. all that being said, still believe we are in the 5th wave advance here …. 03/31/2014 CLIFF NOTES: very strong probability that a 5 wave advance is […]
Aussie vs USD bottom in place?
Posted on November 9, 2014 Leave a Comment
The Aussie has been correcting for a while and, folks, the move down from 1.100 ish certainly appears to be corrective. What does that mean? We are “at” or “near the beginning of a multi year advance that will take out the high July 2011. Here’s the monthly picture … TILT … everyone is talking […]
why we need to watch the Japanese Yen …
Posted on November 8, 2014 2 Comments
full disclosure … check out this chart below. this is where I was stopped out of a LONG USD vs the JPY. this game is really hard, if you make it. As my mentor and friend Larry Pesavento says – “trading/investing isn’t hard, but it sure isn’t easy.” I was pretty cocky 7-8 years ago […]
OK … just put on ECHOES from 44 years ago – PCLN is DONE
Posted on November 7, 2014 Leave a Comment
an amazing day today … but tired. a picture paints a thousand words … enjoy ECHOES Pink Floyd as you STUDY the PATTERNS on this short. LOOK OUT BELOW .. (I think) NOTE … weather this is a “c” or “3” w/ regard to this stock – the move developing right now is going to […]
