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$TWTR .. if you shorted it at the pattern completing at 50 you would be up 20%
Posted on November 9, 2013 1 Comment
it’s no secret – I don’t know fundamentals. it’s really really confusing and seems very intellectual. I do, however, know charts and price/time. so, if TWTR opened at 45 and peaked at 50 and close today around 40.50 well … isn’t the entire world underwater w/ that amazing investment in a company that has NEVER […]
$YHOO, Rocky and TAP OUT
Posted on November 8, 2013 Leave a Comment
in the world I live in the chart is everything … price and time and PATTERNS. an amazing businessman, friend, mentor and excellent investor/trader and I are short YHOO. he’s listened, studied and has seen the power of the patterns …the power in the fact that they manage risk. BUY or SELL at the pattern […]
silver following the script – part II
Posted on November 8, 2013 1 Comment
the first post on Silver: https://bartscharts.com/2013/09/05/silver-following-the-script/ here is an update to the chart .. if our 4 is correct, we should see a strong move to the downside start to develop as we are then POTENTIALLY in a wave 3 of 5 of the 5th and final wave down into our BUY zone of 14. […]
#patterns complete at 42.50 ish on $TWTR
Posted on November 8, 2013 Leave a Comment
following the bouncing ball on $TWTR …an update to this AM’s post
#hype, #bubbles everywhere, #irrational exuberance, #caveat emptor for $TWTR
Posted on November 8, 2013 Leave a Comment
certainly could be quite the story if Twitter marked the top in the market … anyway, below is Twitters first day of trading – no patterns or anything like that, yet but I did want to show you a 1 minute chart and how most, if not all, of the swings were being governed by […]
drove in a TESLA last night ($TSLA) so it should bounce today or Monday
Posted on November 8, 2013 2 Comments
I believe … having had the amazing opportunity and privilege to fly high performance fighters while in the Navy, I usually don’t get excited about cars. basically, I’m not a car guy. however, last night I drove in a Tesla and it was amazing. frankly, w/out being on the pointy edge of the spear, it […]
Dollar Index and the “D” word …
Posted on November 7, 2013 Leave a Comment
updating the dollar index fro this previous post: https://bartscharts.com/2013/10/27/us-dollar-as-of-10272013-900-pm-est/ yesterday, saw a quick blurb on the financial news channels that first mentioned the “D” word and here is the link: http://www.marketwatch.com/story/ecb-options-limited-euro-zone-defaults-to-deflation-2013-11-06?link=mw_home_kiosk today, they CUT RATES and the dollar index took off like a rocket ship. having had the wonderful experience to gain the CMT and […]
JEC, SILVER past fractals and the Pound
Posted on November 5, 2013 2 Comments
Foldbacks are amazingly accurate patterns … they occur on anytime frame and basically give us the “mirror image” of a move … the theory is as they come into an inflection point they will go out of the inflection point the same way. for those still versed in geometry, it’s basically the angle of incidence […]
Fixed Income – TIME is right but what about the price and the underlying trend?
Posted on November 5, 2013 1 Comment
to catch up on prior fixed income posts: https://bartscharts.com/2013/10/30/its-fed-time-and-an-explanation-of-the-recent-price-action-in-fixed-income/ https://bartscharts.com/2013/10/21/plotting-the-next-move-in-fixed-income/ keep an eye on fixed income. the two triangles shown at the bottom of the chart represent the PRICE and TIME extremes that have occurred w/in the context of the top in Bonds last year. Note, the current rally has not exceeded either one in […]
SBUX and Coffee Futures
Posted on November 3, 2013 2 Comments
my last post on SBUX saw the 73 area as the potential price target to finish a parabolic run. it worked for almost a month but ultimately was defeated. https://bartscharts.com/2013/08/21/sbux-and-the-land-of-not-real/ so like any good chartist it was “erase” and back to the drawing board. one would think, as I did, that the price of coffee […]