tsptalk's Market Talk

[tsptalk]

Interesting chart. Thanks!

 

[Birchtree]

If interested you can find a similar informational approach in my thread #7885.

 

[JTH]

One heck of a wait for this supposed 1150 double top.

View attachment 8651

 

[Birchtree]

Some are saying the waterfall decline won't start until April 8th - and will take us down another 5%. Won't that be refreshing.

 

[anthony]

Some are saying the waterfall decline won't start until April 8th - and will take us down another 5%. Won't that be refreshing.

That's a very specific date. Why the 8th? Or, why first to second week of April?

 

[Birchtree]

I believe it has to do with the Bradley turn cycle and the 9 month cycle acting in unison. You'll be nicely prepared for it.

 

[anthony]

I believe it has to do with the Bradley turn cycle and the 9 month cycle acting in unison. You'll be nicely prepared for it.

If it wasn't 2330hrs in GMT+3 I'd wikipedia or yahoo finance glossary for "Bradley Turn Cycle." As it stands, I'm going to sleep and hope some gracious person with a tree in their avatar explains it while I rest ...

 

[Birchtree]

Anthony,

You might find some information on http://www.minyanville.com in an article by Jeffrey Cooper. This is a bear site just so you know. The article is; Anatomy of Blow-Off tops.

 

[Tsunami]

Anthony,

You might find some information on http://www.minyanville.com in an article by Jeffrey Cooper. This is a bear site just so you know. The article is; Anatomy of Blow-Off tops.

I found the link to that article:
http://www.minyanville.com/business...ding-transports-dow-nasdaq/3/11/2010/id/27237

To me he looks like a good example of somebody trying waaaaaay too hard to find the magical secret clue to timing the market.

It brought back a memory though....about 10 years ago on the first day of the March Madness NCAA tournament I remember taking the day off with three workmates, driving to Reno, and watching the NCAA games in a casino after we placed some wagers...what is memorable is that I remember they had TV's with CNBC on right next to the game TV's, and the market was soaring in that final blowoff peak. We were all more excited about that than the games since of course we were all "all-in" in the markets...if we only knew what was next.

 

[JTH]

Spankyou for the bounce off the 50EMA :cheesy:

View attachment 8687

 

[JTH]

A little slow around here, anyone wanna play follow the leader?


View attachment 8694

 

[Birchtree]

I don't have to follow - I already own a few cars on that train.

 

[Birchtree]

The VIX wants to break its 52 week low of 17.42 sometime today.

 

[KevinD]

I don't have to follow - I already own a few cars on that train.

Wheres the next stop? I'm tired of being left behind.

 

[tsptalk]

Wheres the next stop? I'm tired of being left behind.

The market will pull back the day after you give up waiting. That's the way it works unfortunately.

 

[tsptalk]

A little slow around here, anyone wanna play follow the leader?

That's an amazing chart. 17 up days in the last 21. The question is, will the S&P pull back when the transports do, or will it continue to make new highs to try to catch the leader?

 

[Birchtree]

"That's hot." Very few people are in the crazy bull camp and that's classic - remember a bull has four legs.

 

[JTH]

A bit perplexing to see AGG at all-time highs? I admit, I haven't given much if any thought to my bond charts, they sort of just snuck up on me. Now I look at AGG and think "when did that happen?"

View attachment 8700

 

[tsptalk]

A nice little cup and handle breakout, there.

 

[nnuut]

Looks like about 6 cents today. Just an estimate!!:toung: