03/17/2012 Weekend Watering

[KeiZai]

Plus picture4 fun...tmr more now chillin, seeya

[btran874]

Plus picture4 fun...tmr more now chillin, seeya

Best chart eva! KeiZai 2012, Believe it!

[jimme]

Good morning All,

First, my compliments to "The Evil Plan" and the simplicity of your wonderful chart. Very well done! I am an options trader and I look for the strongest group in an uptrend and the weakest group in a downtrend. Last week the NDX was already a sell and so I got some SMH puts and will keep them. SMH is a double top And NDX is holding hands with AAPL. This coming week I am looking to buy puts on the weakest group. I think materials XLB is one of the weakest. This time I am also find the weakest stock in the XLB group. It might be POT. Another example is from SMH group would be TXN which would be a much better short than INTC. What are your ideas. Would you buy SDS calls or SSO puts or one of these junk bank stocks that ran up with the group. Thanks to all that contribute all the stuff to make this thing work. GLTA jimme

[KeiZai]

Symmetry in chaos?

btw did you know that most gaps are generally filled within 100 days of forming? We have a lot of work ahead

[KeiZai]

For ma european fellaz ...seems to be bull flag, but no way rising wedge better cuz always sell double top

Something to kill free time: http://www.youtube.com/watch?v=1r77v4lR ... e=youtu.be

P.S: we are getting close: http://finance.yahoo.com/news/stocks-co ... 3QD;_ylv=3

[oldpigwang]

Cobra: could you give your idea from chart TA, FA, and money flow for AMZN?
It is the only big one not wake up yet.

[KeiZai]

Sorry for spamming, hope boss will not ban my account

After the time im back in the good creative mood, so here is my spam:


Russell chart, doesnt matter if we are close to top or not either way we are closer to top than bottom (my speculation is that minor top is "in")

That I find interesting in a shorter time frame we can see how is russell locked between 2 timelines (in basic TA called rectangle)
Note: there is a little deviation in a shorter term, will need to fix it one day

[Al_Dente]

THANK YOU TO EVERYBODY FOR GREAT CHARTS THIS WEEKEND

AAPL Volatility Charts from the CBOE
The first five charts are historical, the bottom three grey charts are current.
http://www.cboe.com/micro/EquityVix/VXAPL/
In the URL address window u can replace VXAPL/ with VXSLV/ for silver volatility or VXFXI/ for China volatility,
and find other vol charts that stockcharts.com won’t allow.


Also, current Gold Volatility Charts
http://www.cboe.com/micro/charts/gvz.aspx
Note: at the top u can click on other CBOE volatility measures that we cant get on stockcharts, like EVZ for Eurocurrency volatility, etc

[Cobra]

Cobra: could you give your idea from chart TA, FA, and money flow for AMZN?
It is the only big one not wake up yet.

AMZN should be weak because economy is so good, no one need to save money by shopping online. So nowadays AMZN is considered as part of consumer staples (XLP) like PG, WMT, KO, although AMZN now still belongs to XLY.

Officially, we still cannot see AMZN chart as bearish yet, the longer time picture could be seen as Bull Flag FOR NOW.

[Mr. BachNut]

One comment on the NYMO right now. While it has been mildly negative and sustaining a declining summation index, if you look at it on a common stock only basis, it has actually been positive. I guess with fixed income funds (of which there are a bunch that trade on the NYSE) taking a hit in recent days, the index has been swayed a little negative. So, be aware of the noise covering up a bullish bias. Though, it is probably to think of the NYMO as neutral if the common stock only is so weakly positive that funds can drag the overall index negative.

[Cobra]

NYMO CO.jpg

NYMO all.jpg

One comment on the NYMO right now. While it has been mildly negative and sustaining a declining summation index, if you look at it on a common stock only basis, it has actually been positive. I guess with fixed income funds (of which there are a bunch that trade on the NYSE) taking a hit in recent days, the index has been swayed a little negative. So, be aware of the noise covering up a bullish bias. Though, it is probably to think of the NYMO as neutral if the common stock only is so weakly positive that funds can drag the overall index negative.

Index is at multi-years high now, if the momentum is strong, NYMO should be at a multi-year high too. The fact even after eliminating all the ETFs, still it's weak should at least mean the momentum is weakening.

[Mr. BachNut]

I think this chart supports Cobra's evil plan for a dip soon. If you look at the prior occasions when the 5 day MA of the TRIN got this low, there was often a sell-off. It suggests that at the moment too few stocks (AAPL cough cough) are driving the rally.

[Mr. BachNut]

NYMO CO.jpg

NYMO all.jpg

One comment on the NYMO right now. While it has been mildly negative and sustaining a declining summation index, if you look at it on a common stock only basis, it has actually been positive. I guess with fixed income funds (of which there are a bunch that trade on the NYSE) taking a hit in recent days, the index has been swayed a little negative. So, be aware of the noise covering up a bullish bias. Though, it is probably to think of the NYMO as neutral if the common stock only is so weakly positive that funds can drag the overall index negative.

Index is at multi-years high now, if the momentum is strong, NYMO should be at a multi-year high too. The fact even after eliminating all the ETFs, still it's weak should at least mean the momentum is weakening.

Agree. The pace of advances is soft and can easily be reversed.
If you look at the Summation Index though, it actually is in multi-year high territory even after coming down from nose-bleed levels. The momentum of this rally in terms of advances against declines has been moderate but the time spent advancing without serious correction has been long. So, part of high index is pace of climb (ratio of advances vs. declines) which has been positive but avoiding serious overbought conditions and part is time spent climbing (duration of positive net advance) which has been long.

[Al_Dente]

COBRA
Stockcharts is yapping (via email) about their new improved public chart list
You are not at the top of the list yet
WHY NOT?
http://stockcharts.com/public
has everyone reading WEEKEND voted yet?
PS: do we need 2 vote everyday?

[Cobra]

COBRA
Stockcharts is yapping (via email) about their new improved public chart list
You are not at the top of the list yet
WHY NOT?
http://stockcharts.com/public
has everyone reading WEEKEND voted yet?
PS: do we need 2 vote everyday?

I need guys to "follow', then "vote" everyday and at least click once everyday.

I'll ask for the above support in the opening statement everyday. I'll provide a link there, so all guys need do are just click that link: http://stockcharts.com/public/1684859/tenpp

I'll threaten to make this forum private if not many people supporting me. Come on, we have 6,000+ daily visits to this forum, I bet the forum itself is larger than the most of personal blogs.

[BullBear52x]

Good morning All,

First, my compliments to "The Evil Plan" and the simplicity of your wonderful chart. Very well done! I am an options trader and I look for the strongest group in an uptrend and the weakest group in a downtrend. Last week the NDX was already a sell and so I got some SMH puts and will keep them. SMH is a double top And NDX is holding hands with AAPL. This coming week I am looking to buy puts on the weakest group. I think materials XLB is one of the weakest. This time I am also find the weakest stock in the XLB group. It might be POT. Another example is from SMH group would be TXN which would be a much better short than INTC. What are your ideas. Would you buy SDS calls or SSO puts or one of these junk bank stocks that ran up with the group. Thanks to all that contribute all the stuff to make this thing work. GLTA jimme

I trade SMH also, double top play right now but TXN and INTC look like the short is about to fail or last stand for the bears, they need to bring it down fast or the short term break out pattern will only get stronger.

[BullBear52x]

The attachment NYMO CO.jpg is no longer available

The attachment NYMO all.jpg is no longer available

One comment on the NYMO right now. While it has been mildly negative and sustaining a declining summation index, if you look at it on a common stock only basis, it has actually been positive. I guess with fixed income funds (of which there are a bunch that trade on the NYSE) taking a hit in recent days, the index has been swayed a little negative. So, be aware of the noise covering up a bullish bias. Though, it is probably to think of the NYMO as neutral if the common stock only is so weakly positive that funds can drag the overall index negative.

Index is at multi-years high now, if the momentum is strong, NYMO should be at a multi-year high too. The fact even after eliminating all the ETFs, still it's weak should at least mean the momentum is weakening.

Agree. The pace of advances is soft and can easily be reversed.
If you look at the Summation Index though, it actually is in multi-year high territory even after coming down from nose-bleed levels. The momentum of this rally in terms of advances against declines has been moderate but the time spent advancing without serious correction has been long. So, part of high index is pace of climb (ratio of advances vs. declines) which has been positive but avoiding serious overbought conditions and part is time spent climbing (duration of positive net advance) which has been long.

this is what I got on MO, from low to high 50 or high to low -50, any thing in between tells me recent trend is to continue or sideways.

[grachu]

cobra what ever you say. I just clicked in the link . Do it at the opening statement . I am in I will click 1000 if you want ..

[Cobra]

cobra what ever you say. I just clicked in the link . Do it at the opening statement . I am in I will click 1000 if you want ..

Thanks, really appreciate!

[grachu]

I Am suporrting... just say it ... I am doing it ~ thanks cobra