Uncategorized Category
Schumpeter’s wave of Creative Destruction just starting in Germany … short surf is UP!
Posted on September 25, 2014 Leave a Comment
Voo Doo principle: a pattern appeared and at the PRECISE level the BUYING STOPPED and the SELLING took over … believe it? or not? Here’s what I do know: ANYTHING can and will happen … YOU DO NOT NEED TO KNOW WHAT IS GOING TO HAPPEN NEXT TO MAKE MONEY There is a random distribution […]
EURO and 138 …
Posted on September 24, 2014 Leave a Comment
usually try to stay away from blindly buying or selling the .618 retracement … that number is the usual first introduction of people using leading indicators and sometimes it works and sometimes it doesn’t and people eventually say “hogwash” and run away from these techniques — GOOD! however, when we have projections or overlapping patterns […]
revisiting the XLP/SPX ratio … AGAIN
Posted on September 23, 2014 Leave a Comment
folks, bringing this up, again, because this divergence is MONSTROUS. in order to show the divergence and how something is “not quite right in toon town” I’ve actually inverted the ratio to show the S&P 500 on top this time. t the only reason is it shows the amazing divergence present .. when you look […]
IWM it’s almost been a year since our warning
Posted on September 22, 2014 Leave a Comment
9/22/2014 – the IWM has been getting a lot of news lately and well it should. just wanted to point out the below charts that warned of 113-120 being very stiff resistance if not a TOP back in November of last year … sure looks like distribution but, knowing nothing of the fundamentals I will […]
$BABA and Ripley’s Believe it or not …
Posted on September 19, 2014 2 Comments
folks, this is the largest IPO in history AND it’s got the beat of music to it and, hopefully, the charts below will prove it .. if you don’t believe it, that’s cool. you might not believe me, but these initial “geometric seeds” will be responsible for EVERY future turn in this stock …! as […]
Let the market tell you – EURO quick look
Posted on September 19, 2014 1 Comment
CLIFF NOTES: follow the black dotted line to see where the major level has been for the Euro. Then, follow the orange line. Additionally, note a nice little cycle coming in at 778 days. We are off by a week, but that’s OK and – quite frankly – the reason is a little too esoteric […]
Would you SELL or BUY this chart?
Posted on September 19, 2014 2 Comments
Been active on Twitter and for my readers about some cycles hitting and square outs occurring and, well, blah blah blah. So as any technician is EXPECTED to do when the PATTERN has failed pretty dramatically, I hit “erase all” and went back to work. Asked myself … so, if the PATTERN SELL has failed […]
the Great British Pound Rules of Engagement for 9/18/2014-9/19/2014
Posted on September 17, 2014 Leave a Comment
Joe Dinappoli once told our seminar … your either going to build the boat OR sail it. Choose one …what he was trying to say is your either going to TRADE or your going to put out research. No one side is better than the other …I’m of the mindset that in order to TRADE […]
Palladium liquidation and NASDAQ
Posted on September 17, 2014 Leave a Comment
9/17/2014: this correlation is pretty strong and Palladium hit our target exactly and has been being liquidated heavily in the past month. Keep an eye on either 1) Palladium finding support to build momentum for a move higher in NASDAQ OR 2) drag the NASDAQ down w/ it. Let’s face it … ain’t NO WAY […]
bunch of cycles coming together …but who cares
Posted on September 17, 2014 Leave a Comment
how many institutions are there out there ….? perhaps 30-50K? and, if you think about it they own 10MM+ shares of the big names. the “big names” have, on average, say 5MM shares / day traded. so, what happens if they try to get out of a non liquid market that has been manipulated by […]
Bart's Charts 