Uncategorized Category
TWTR … BUY PATTERN appearing but caveat emptor
Posted on January 11, 2014 Leave a Comment
here’s the post on the fund that tracks Social Media (SOCM) https://bartscharts.com/2014/01/04/social-media/ it is showing signs of a 5 wave top … now, we simply don’t know if this is the 1st of 5 to come or it’s the end of the emotional euphoria over social media. perhaps another high flyer can give us a […]
Check this out- amazing whitepaper on wealth creation!
Posted on January 7, 2014 Leave a Comment
Wealth is Created in Private Markets Had the opportunity to read this informative philosophy from Bill Militello; www. militellocapital.com A must read! – Bart
look for a close in/around 4106 on NASDAQ tomorrow …equality of TIME and PRICE
Posted on January 5, 2014 1 Comment
IF, we can get a close tomorrow in/around 4106 on the NASDAQ THEN we have an equality “square out” of price and time … 4106 PRICE and 4106 calendar days is the “reason” we are banging around this area of the NAZZIE. the LOW TIME squares out the HIGH PRICE. Just keep an eye on […]
A revisit to GOOG …
Posted on January 5, 2014 Leave a Comment
if you go back some posts you will find a SHORT on GOOG was triend in/around the 922 area based on the classic AB=CD or thunderbolt pattern. It held from May to October and then EXPLODED higher … ouch on that one. also, if you go back some posts you’ll find the 1080 ish level […]
FXI … wonderful set-up coming. be patient ..
Posted on January 5, 2014 Leave a Comment
we have taken a look at the FXI and it’s set of “lower highs” since 2011. we have also taken a look at it’s relationship to Copper and how they have ebbed and flowed w/ synergy. what we haven’t done is step back and analyze the BULLISH case for the FXI. YES, I am posting […]
Social Media …
Posted on January 4, 2014 4 Comments
so, Social Media has changed the landscape of interaction on a personal, business, family, relationship and “you name it” level….frankly, I love it. that being said, it’s finishing a PATTERN and it’s time to step aside. Now, just because $SOCM has finished an 8/8 octave move and a 5 wave count doesn’t mean that it’s […]
Thelma and Louis and Fixed Income
Posted on January 4, 2014 Leave a Comment
Interest Rates are approaching the CLIFF here’s a post that can allow you to catch up the saga w/in the fixed income market … whats funny is we have been SPOT ON w/ the dollar, commodities and fixed income. the equities have just kept going UP UP UP. Note, the BULLISH optimism in the equity […]
remove bias, trade what you SEE – JP Morgan
Posted on December 31, 2013 Leave a Comment
does ANYONE remember the EMOTIONS of March 2009? do you think ANYONE in their right mind would recommend a BUY on the XLF in MAR 2009? well, just as a reminder here it is … why am I pulling this thread right now? well, the past couple days I have received some very convincing emails […]
A look at the high flyers in 2014 – all lower significantly!
Posted on December 30, 2013 2 Comments
I am neither bearish nor bullish. I am a pattern recognition trader that puts everything into the context of human behavior. the rally from 2009 is so over stretched that 2014 will bring, potentially, a down side move of enormous proportions. There I have said it …simply based on the MONTHLY (read long term) SELL […]
the YEN in 2014
Posted on December 29, 2013 Leave a Comment
the monster move made by the YEN and, correspondingly, the Nikkei 225 has been extremely impressive. the BOJ drew a line in the sand 10/2011 at 76 USD/JPY. That monthly/weekly candle reminds me of the end of the bear market in gold at 252. Kaboom and off she went … more importantly, take a look […]
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