05/16/2013 Live Update

[Out of Bounds]

[TWT]

$SPX: Bearish Harami if Friday´s eod print < 1646.68

[ALdaytrade]

Tradergirl:

So is this the move up in Gold and Silver, that you said was happening on the 16th, 17th of May? Are you staying in an up move for gold and silver then?

I had a minor move indicator for the 16th (midnight on the 15th) and again another move indicator for the 17th. I am not sure about this, so I will stay out until I see definitely what direction the 17th is indicating. So I guess I missed the move up today. No problems. Thank you everyone else that contributed to this confusing move issue.

So, are you waiting for tomorrow for this trade, as well Tradergirl?

[The Hook]

Flashback to 1995/1998 - it's the reason why I'm very reluctant to play the short side of the market. During these secular bulls shorting tends to be a loser's game Of course Cobra was not suggesting a major pullback, nevertheless I don't like to go against such a strong trend

33.png

uempel, at that time the economy was in a period of growth and at the end of a long term bull market run that began in 1982. It was also in the midst of a tech bubble. I don't feel we are in the same conditions...there is slow growth going on in all parts of the world...even though the market is up...it does not reflect the "real" economic conditions...there are many still without jobs and the job market is not growing fast enough to sustain a parabolic rise in the market...

Parabolic moves into a bubble usually get burst...I am not saying to short the market...there are no indications of a major pullback..but I am not sure we are in the same economic conditions there were in 1995...

1995 had 19.5% quarterly EPS CAGR and 2013 has 0.5%. There is absolutely no comparison between the two, those who are making this comparison are the worst kind of charlatans.

[The Hook]

Flashback to 1995/1998 - it's the reason why I'm very reluctant to play the short side of the market. During these secular bulls shorting tends to be a loser's game Of course Cobra was not suggesting a major pullback, nevertheless I don't like to go against such a strong trend

33.png

uempel, at that time the economy was in a period of growth and at the end of a long term bull market run that began in 1982. It was also in the midst of a tech bubble. I don't feel we are in the same conditions...there is slow growth going on in all parts of the world...even though the market is up...it does not reflect the "real" economic conditions...there are many still without jobs and the job market is not growing fast enough to sustain a parabolic rise in the market...

Parabolic moves into a bubble usually get burst...I am not saying to short the market...there are no indications of a major pullback..but I am not sure we are in the same economic conditions there were in 1995...

1995 had 19.5% quarterly EPS CAGR and 2013 has 0.5%. There is absolutely no comparison between the two, those who are making this comparison are the worst kind of charlatans.

And I don't mean Uempel is making it. There are people all over the place doing it though

[ALdaytrade]

Flashback to 1995/1998 - it's the reason why I'm very reluctant to play the short side of the market. During these secular bulls shorting tends to be a loser's game Of course Cobra was not suggesting a major pullback, nevertheless I don't like to go against such a strong trend

33.png

uempel, at that time the economy was in a period of growth and at the end of a long term bull market run that began in 1982. It was also in the midst of a tech bubble. I don't feel we are in the same conditions...there is slow growth going on in all parts of the world...even though the market is up...it does not reflect the "real" economic conditions...there are many still without jobs and the job market is not growing fast enough to sustain a parabolic rise in the market...

Parabolic moves into a bubble usually get burst...I am not saying to short the market...there are no indications of a major pullback..but I am not sure we are in the same economic conditions there were in 1995...

1995 had 19.5% quarterly EPS CAGR and 2013 has 0.5%. There is absolutely no comparison between the two, those who are making this comparison are the worst kind of charlatans.

And I don't mean Uempel is making it. There are people all over the place doing it though

I do not think that they are comparing the economies of these two years, only the charts. You can read a chart and know what is happening, without knowing what it represents, so why can't you compare two charts, without the accompanying economic stituations they represent? Is my view out to lunch?

[BullBear52x]

Warning: During the major transition point the house will send out their rats to distract individual traders. on any blogsphere the only sincere and trust worthy are those people who stick around and post their message during the hard trading day and lowest trafics day. so... beware of the rats

[Richarab]

Uempel charts compare is fascinating on ta level
Both speak to bubble building IMHO

[ALdaytrade]

Warning: During the major transition point the house will send out their rats to distract individual traders. on any blogsphere the only sincere and trust worthy are those people who stick around and post their message during the hard trading day and lowest trafics day. so... beware of the rats

So what will the rats be disguised with, bull suits or bear suits?