02/09/2013 Weekend Update

[Cobra]

Surface Pro might be very successful. Within less than 12 hours, all in Best Buy in Canada were sold out. Might be a good news for MSFT tomorrow. I'll definitely buy one.

[Cobra]

Surface Pro were sold out in US: http://news.cnet.com/8301-10805_3-57568 ... re-in-u.s/

[tkvprasad]

AMZN, last hope for 50 DMA to hold, sell the rip on this bad boy.

1.JPG

AAPL, Bullish, buy the dip is in the offing. gap back test at 480.5ish a break out from here will be a buy.

2.JPG

Thanks BB; appreciate your charts

[Heck]

Surface Pro might be very successful. Within less than 12 hours, all in Best Buy in Canada were sold out. Might be a good news for MSFT tomorrow. I'll definitely buy one.

Market seems to like GOOG Nexus Tablet:

http://stockcharts.com/freecharts/galle ... oog%3Amsft

http://www.google.com/nexus/10/#powerful

[kenttown]

Surface Pro might be very successful. Within less than 12 hours, all in Best Buy in Canada were sold out. Might be a good news for MSFT tomorrow. I'll definitely buy one.

Tried Win8 with new Lenovo laptop and it was so disappointing I had to return it.

[uempel]

Several cycles point to next Monday resp to next week Here a green cycle which goes all the way back to the high in 2007

[uempel]

Cobra, I know why you enjoy clearing your driveway with the snowblower: your neighbor dresses kind of kinky when she frees the driveway in front of her house. I hope she doesn't catch a cold

Nobody here, I guess everybody is fighting the snow. But my bro sent me a nice picture 2 hours ago: no snow on the freeway between Tenn and N Carolina

The attachment 5.png is no longer available

Long Island Expressway Saturday morning, courtesy nyt

The attachment 6.jpg is no longer available

Freeway near Smokey Mountains, courtesy uempel's bro

I'm glad, finally, my big snowthrower was paid off yesterday, after sitting there with nothing to do for nearly 3 years. Too bad though, I cannot show off as although my snowthrower still the biggest, but seems lots of neighbors' now are equipped with snowthrower as well.

And this morning, it's clear, who has snowthrower and who doesn't, as soon as I see neighbor's driveway - without snowthrower, it's almost impossible to shovel the snow on the drive way. Really really heavy snow yesterday.

[Royal Flush]

Tim Knight End-Of-Week video wrapup.
http://slopeofhope.com/

[johnnywa]

Several cycles point to next Monday resp to next week Here a green cycle which goes all the way back to the high in 2007

9.png

So if we go up into green cycle prices should go down which would seem to be the case Monday? What does resp mean?

[uempel]

Several cycles point to next Monday resp to next week Here a green cycle which goes all the way back to the high in 2007

9.png

So if we go up into green cycle prices should go down which would seem to be the case Monday? What does resp mean?

No, the cycle could also mean an acceleration to the upside. Difficult to imagine, but let's not exclude a crazy jump breaking through the 1518/1523 barrier Another possibility is a sideways move, a very tight trading range which would frustrate both bears and bulls.

And something could happen which would weaken stocks and pull SPX down to 1472 (thinking looming sequestration cuts, thinking Chinese/Japanese tensions, thinking twelve-year old weirdo attacking White House with a home-made drone), but if we look at Harapa's VIXie system or to momentum averages: I don't see any weakness yet.

Resp means "respectively" - the daily cycles point to last Friday/next Monday, but the weekly cycle points to next week

[johnnywa]

Thankyou kindly for the explanation

[Hubon]

Happy New Year

[Hubon]

And here is an interesting chart that I have stolen from Arhur Hill

[uempel]

Tim Knight End-Of-Week video wrapup.
http://slopeofhope.com/

Tks, I love the Donald video

[uempel]

And here is an interesting chart that I have stolen from Arhur Hill

Even if this market looks streched - we all know how irrational markets can be.

Bears' problem is that the BPs are still climbing, so is weekly momentum - both are super indicators. No sign of a reversal yet, nada. As long as these indicators don't show weakness the bulls are in control. Here are Friday's BP results: BPNYA +0.30%, BPCOMPQ +0.34%, BPSPX +0.98%, BPNDX +3.80% and BPOEX +2.53% - only BPINDU and BPFINA are flat.

Finally, check out the BPSPX Renko chart - only a break of the lower BB is a sell:

[tkvprasad]

Cobra-

Wondering if you have latest short interest chart for $SPX or $INDU; The last i have here is from Schaeffers but wondering where the original source is !!!

http://www.schaeffersresearch.com/image ... 4AOE_2.gif

[Cobra]

Cobra-

Wondering if you have latest short interest chart for $SPX or $INDU; The last i have here is from Schaeffers but wondering where the original source is !!!

http://www.schaeffersresearch.com/image ... 4AOE_2.gif

Sorry, I don't have. Short interest chart is updated monthly or even quarterly if I remember correctly, so your one might already be the latest.

[Harapa]

Bottom indicators are derived from ECRI's WLIg (a measure of economic condition), price/yield of various interest bearing instruments (to measure credit availability and appetite for risk), and SPX price (price is the king). A reading above zero is considered favorable for the equity market and below zero unfavorable. Currently all indicators are above zero. This for sure looks like a healthy bull market.
CAUTION: This type of analysis is of no use to predict short term gyrations in the market.

[Cobra]

This is what I see everyday.

Cobra, I know why you enjoy clearing your driveway with the snowblower: your neighbor dresses kind of kinky when she frees the driveway in front of her house. I hope she doesn't catch a cold

The attachment 10.png is no longer available

Nobody here, I guess everybody is fighting the snow. But my bro sent me a nice picture 2 hours ago: no snow on the freeway between Tenn and N Carolina

The attachment 5.png is no longer available

Long Island Expressway Saturday morning, courtesy nyt

The attachment 6.jpg is no longer available

Freeway near Smokey Mountains, courtesy uempel's bro

I'm glad, finally, my big snowthrower was paid off yesterday, after sitting there with nothing to do for nearly 3 years. Too bad though, I cannot show off as although my snowthrower still the biggest, but seems lots of neighbors' now are equipped with snowthrower as well.

And this morning, it's clear, who has snowthrower and who doesn't, as soon as I see neighbor's driveway - without snowthrower, it's almost impossible to shovel the snow on the drive way. Really really heavy snow yesterday.

[tkvprasad]

Stole from RyanDetrick

he says, $IWM put OI is 473k, near a 52-week high - just 6k below Sept. Wasn't the best time to be bullish.