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Utilities (DJUI) update
Posted on February 18, 2014 Leave a Comment
Utilities as a safe play … not yet! Utilities broke out of the potential triangle ID’d a couple days ago … the move up had volume and note the large candle present. The chart below shows the next pattern w/ regard to a bearish outlook on the Utilities sector. if this level does not hold I […]
GOOG
Posted on February 15, 2014 1 Comment
go to the home page and search GOOG. You will quickly see it has been the bane of my existence … tried a short in/around 920 and was SMOKED. looked for another pattern in around 1080 ish and that got SMOKED –so how do you keep the faith of the readers of this blog ? […]
FB updated …
Posted on February 15, 2014 4 Comments
here’s post from September 2013 showing BUY recommendation on FB in/around 16-18. FACEBOOK …. here’s a look at the high flyers w/ FB included … “this stock is going to get smoked” was pre-mature but do believe the RED ARROW is where it’s going. Correction should take it down to HIGH of IPO price around […]
I love this chart …
Posted on February 15, 2014 1 Comment
the WX in Northern Virginia today is just down right ugly … snow, winter mix, wind has picked up. Have been doing posts, checking on the wife w/ a herniated disk and the 9 year old w/ a sinus infection and then playing Pink Floyd looking for patterns. As I was going thru the charts […]
AAPL – window closed, buy in around 260-270
Posted on February 15, 2014 Leave a Comment
AAPL and GOOG patterns completing … well, I guess we’ll see … if you go to the link above you’ll see the work that has been done on AAPL. And, while the AAPL work has called EVERY swing low and swing high – GOOG has kicked our butt. Patterns work and Patterns fail …but they are […]
around the world update … part II
Posted on February 15, 2014 Leave a Comment
Around the world update … the link above is where you’ll find our around the world cruises since August. this post is an update …what do we see? nothing has changed, significantly. none of the international indices have made new highs like the US equity markets … patterns have provided resistance, BUT not necessarily overt sell […]
Gorilla’s juggling dynamite … and the US Dollar
Posted on February 13, 2014 2 Comments
Early in my career I had the wonderful opportunity to get training from Joe Di Napoli (www.fibnodes.com) Highly recommend learning some of his techniques but, most importantly, his understanding of the market structure and the players in the game. One of his favorite sayings is we must realize that “you are entering into a […]
Gold is getting close …to a BUY
Posted on February 9, 2014 Leave a Comment
I really DO NOT KNOW or have a BIG OPINION on the top at 1920 on spot Gold. Well, it was either a BIG 3 or BIG 5 but I just don’t know … doesn’t change the fact that a long on Gold could be coming in soon. It’s just how high it will go […]
Fixed Income Pattern and October 1987
Posted on February 8, 2014 2 Comments
there are some very interesting things to point out regarding fixed income tonight … in the chart below note the following: a swing low has never been broken in this bull market run that started 33 years ago. they are shown by the dashed green lines we think a MAJOR top is at hand in […]
Bart's Charts 