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Housing … just keep your head in the sand OR are the clouds forming?
Posted on September 5, 2016 Leave a Comment
I sold my house in VA and moved out to SoCal to rent .. did it for a number of reasons. The NUMBER 1 reason was to learn how to Stand Up Paddle-board Surf and enjoy the weather. YES, I understand it’s financial suicide out here .. the taxes are crazy, the cost of living […]
Have you ever been in a draw down?
Posted on September 4, 2016 1 Comment
Note the title of this post … I know draw down and it hits you to the core. The reason I bring this up because, once again, I’m taking a hard look at the USD vs JPY. Why drawdown’s and the YEN? Well, because as a CTA I went into my first draw down – […]
Great British Pound – the BUY case
Posted on September 4, 2016 Leave a Comment
September 4, 2016 the Pound held the .786 and has rallied around 700-800 pips. Now, we find ourselves rolling up into the former 2009 support zone w/ a bunch of patterns coming into play. this should act as major resistance and the start of another leg down in the Pound vs USD. just a pattern … […]
Bank of America SHORT pattern
Posted on September 4, 2016 1 Comment
sometimes they work, sometimes they don’t …
@seeitmarket w/ TLT and a quick look at the 30 year …
Posted on September 3, 2016 Leave a Comment
9/3/2016 – have been doing some work over @seeitmarket w/ Andy and the gang here: http://www.seeitmarket.com/defensive-sector-etfs-hit-targets-reversals-next-tlt-xlu-16014/ also, note the breakdown on Friday of the 30 year support .. this is looking very heavy. here’s an update to the charts:
EURGBP set up and the form, proportion and harmony behind it
Posted on August 28, 2016 Leave a Comment
8/28/2016 – looks like it’s going to carve out 5 waves and then a 3 wave pullback and then another leg down …so a 5-3-5 (a-b-c) correction to be BOUGHT. the reason I believe this is because we had a 5 wave move UP against the POUND here … guess we’ll see, anyway, here’s the […]
SBUX and Coffee Prices …update 10/30/2015 to the update 8/27/2016
Posted on August 27, 2016 Leave a Comment
08/27/2016 the ratio projections shown below nailed the high (recent) in SBUX we now find the ratio sitting on a cliff of support – above the support SBUX should start to improve. below the cliff of support then expect SBUX to continue it’s downward slide. it’s not about the ACTUAL prices in SBUX and […]
It’s just a PATTERN and nothing else but it’s something to pay attention to
Posted on August 27, 2016 Leave a Comment
08/27/2016 – looks like we are still “squaring out” the date of the inception of the S&P500 w/ this past weeks weekly close. again, this is not “bearish” or “bullish” but a heads up that at “square outs” stuff happens … go w/ the flow. rock on, ok? PATTERNS … work and they fail. PATTERNS […]