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The Great British Pound
Posted on September 12, 2013 1 Comment
Since it’s top in November 2007, the POUND has followed a nice script. It’s been extremely hard, I can imagine, for long term trend systems because it’s been stuck, I believe, in a multi-year triangle. As you can see from the charts, if this analysis is correct, then new lows below 1.3500 will be a […]
Good as Gold Part 2 of 2
Posted on September 8, 2013 2 Comments
Quickly, I’m wondering if it’s OK to say “I’m really not sure.” A case for one more low move on Silver was shown last week and, in part 1 we discussed how the gold/silver index certainly looks like a nice bottom has been carved. As you can see, I am trying to post the “past […]
Good as Gold Part 1 of 2
Posted on September 7, 2013 2 Comments
After the Silver post the inquiries regarding Gold have flooded in … so, in part 1 we’ll take a look at the Gold/Silver Index. The $XAU is the Philidelphia Gold/Silver Index and consists of 16 precious metal mining companies. This index and the $BUGS are the two most watched precious metal indices in the world. The […]
Missing a $LNKD in the chain?
Posted on September 7, 2013 2 Comments
$LNKD on a great run … no doubt. However, certainly appears some stiff resistance is overhead. Wait for a signal reversal candle/bar (weekly) for confirmation that we are at/near a top. Notably, w/ IPO’s , it’s tough to count the initial move. In this case, an ASSUMPTION is made that the first correction from 122 […]
Surf’s Up (or down) AMAZON ($AMZN)
Posted on September 6, 2013 Leave a Comment
Here’s an update to the AMZN charts below …while I still feel this count is correct, we did make another high. Therefore, new targets calculated. I like to call the following chart, below, “musical polarity.” As you can see, the blue arrow to the left is the “rock hitting the water” and it causes the […]
Silver following the script …
Posted on September 5, 2013 4 Comments
What do we know about Silver ….? Well, for starts it was supposedly found in 5000 BC , has a melting point of 1,763 F and it’s atomic number is 47. Also, it sure has followed an ORDERLY, MATHEMATICAL and rather PRECISE PATTERN for the past couple years. I don’t know a darn thing about […]
And I’ll Huff and I’ll Puff and I’ll Blow Your House Down
Posted on September 4, 2013 1 Comment
Homebuilder’s Index has “recovered” nicely, as has everything, from the 2007-2009 timeframe. That being said, we have a very symmetrical and orderly pattern that has recently completed on the weekly timeframe. Additionally, take a look at the daily timeframe – the classic head and shoulders pattern pops right out at you. Stay tuned, but perhaps […]
SBUX and the land of “not real”
Posted on August 21, 2013 1 Comment
A very good and long time friend of mine has the unique opportunity to work in the intelligence community. From time to time, we meet at $SBUX and just sit and watch the people move in/out of the store w/ their 5$ coffee’s. He always remarks how $SBUX “is not the real world” and that […]
Sir Issac Newton and $AAPL Fell From the Tree
Posted on August 20, 2013 8 Comments
Had another opportunity to post for JC on $AAPL. Please see: http://allstarcharts.com/bartelloni-parabolic-advances-and-their-devastating-corrective-moves/ Let’s revisit and then ask where do we go from here….the charts below are the basic geometry that we learned in elementary school on drawing arcs and connecting three points to form a circle. Also, some log-counts and a host of “other” geometry went […]
Bart's Charts 