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Ripley’s Believe it or not …
Posted on February 10, 2016 Leave a Comment
“The third-quarter and nine-months revenues not only illustrate the balance Lehman Brothers has achieved among its equity, fixed income and investment banking businesses, but also show the financial and strategic potential of new businesses the firm has been building, including private equity and high-net-worth activities,” Richard Fuld, former CEO of the former LEH “You can […]
just a little higher till pattern completes .. and we surpassed 2009 lows for the RSI
Posted on February 9, 2016 2 Comments
was talking to a money manager at my son’s basketball practice tonight and he was talking all kind of nonsense about some fundamental stuff … I just pulled out my Iphone and showed him @bartscharts and said “here, read this.” thus far, this ratio has been SPOT ON w/ providing market inflection points … its […]
ain’t nobody LONG the Aussie vs USD .. perhaps you should think about it?
Posted on February 7, 2016 Leave a Comment
AUSSIE monster cycle hitting this month from 1986 on Aussie. take note of the “measured moves in price” coming tino the 1986 and 2001 low .. they are the same footprint very oversold w/ bullish divergence GASOLINE FUTURES note, 5 waves down on natural gas .9438 symmetry 1.27 extension 1.27 wave 1 = wave 5 […]
XLP / $NYA need upper target to be hit AND a sign of accumulation …
Posted on February 6, 2016 Leave a Comment
note – we are forming a “doji” candlestick pattern – “uncertainty” on a monthly basis, yet the higher target remains a little higher. broke out of two monthly trend lines and have paused RSI approaching extreme overbought levels of the 2008-2009 panic. UNTIL WE HIT THE UPPER TARGET – FOR ME – we are in […]
the next move in $TLT is “probably” DOWN …
Posted on February 1, 2016 Leave a Comment
folks, it’s ALL probability and as a pattern recognition trader that’s all you worry about. When a pattern appears it’s simply a probability it’s going to work OR not … that simple. so, take a look at TLT … first note – we have a very clear 5 waves down. that’s either the beginning of […]
$TSLA
Posted on February 1, 2016 1 Comment
so from my fellow geek technician JC he always loves the “from failed breakdowns/ breakouts come strong moves” well here is a possible set up. as a PATTERN guy what I have found is – totally technical – there is a reason for the market to stop at resistance or support. in this case for […]
$PCLN update 2/1/16
Posted on February 1, 2016 Leave a Comment
02/01/2016 as you can see below, the light blue trend line below was taken out. now we are approaching major support as shown by the polarity principle. some bid thrust/candles going into this level so this will be a key test in the coming days/weeks. if we lose this level, then expect 1.27 level […]
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