03/14/2013 Live Update

[stlwater]

I haven't logged a lot of posts since I joined in 2011 since the rally got underway. I've been busy and haven't really hung out here either. Check out my old posts to back-test...

I want to point out something that, so far, nobody seems to be talking about in gold. The chart should speak for itself and I've attached it below. Please let me know how it strikes you. I've attached another chart which should give you that splash of cold water that is so needed right now in both the market and in gold.

gldweekly.png

sentiment_cycles.jpg

P.S. There are far too many cat people around here...

Out of criosity, who are the nations that you are refereing to as stockpiling gold?

Russia and China. Though China stopped reporting gold purchases and it is believed they have been stockpiling even more heavily than Russia. There is a currency war going on, and gold is a very big part of that game.

[BullBear52x]

some bears are still longing for gap to be filled. 3 major one that I am looking at.

[TraderJoe]

[quote="Tabby"
Out of criosity, who are the nations that you are refereing to as stockpiling gold?[/quote]

Tabby, I have read of several with Russia being the largest lately.

[stlwater]

Can anyone tell me if it's possible to get more headroom in stockcharts.com?? I can't project price targets!!!! I usually use TC2000 but wanted the stockcharts history as I have been doing much longer term trades lately.

[Unique]

I haven't logged a lot of posts since I joined in 2011 since the rally got underway. I've been busy and haven't really hung out here either. Check out my old posts to back-test...

I want to point out something that, so far, nobody seems to be talking about in gold. The chart should speak for itself and I've attached it below. Please let me know how it strikes you. I've attached another chart which should give you that splash of cold water that is so needed right now in both the market and in gold.

gldweekly.png

sentiment_cycles.jpg

P.S. There are far too many cat people around here...

Out of criosity, who are the nations that you are refereing to as stockpiling gold?

Russia and China. Though China stopped reporting gold purchases and it is believed they have been stockpiling even more heavily than Russia. There is a currency war going on, and gold is a very big part of that game.

No need to rush to bottom fish. When Gold gets above 20day EMA, everybody and the bots will pile in and have a nice bottoming bounce. Until then you are going to lose money and time bottoming fishing. Take the easy road, wait for that price confirmation.

[johnnywa]

some bears are still longing for gap to be filled. 3 major one that I am looking at.

Running on fumes at these levels,short at 1561,should have guessed this move with trannies up 2% yesterday

[Cobra]

$SPY too high above hourly BB top again. here's what happened in the past. https://stockcharts.com/public/1684859/ ... /286418274;

[stlwater]

I haven't logged a lot of posts since I joined in 2011 since the rally got underway. I've been busy and haven't really hung out here either. Check out my old posts to back-test...

I want to point out something that, so far, nobody seems to be talking about in gold. The chart should speak for itself and I've attached it below. Please let me know how it strikes you. I've attached another chart which should give you that splash of cold water that is so needed right now in both the market and in gold.

gldweekly.png

sentiment_cycles.jpg

P.S. There are far too many cat people around here...

Out of criosity, who are the nations that you are refereing to as stockpiling gold?

Russia and China. Though China stopped reporting gold purchases and it is believed they have been stockpiling even more heavily than Russia. There is a currency war going on, and gold is a very big part of that game.

No need to rush to bottom fish. When Gold gets above 20day EMA, everybody and the bots will pile in and have a nice bottoming bounce. Until then you are going to lose money and time bottoming fishing. Take the easy road, wait for that price confirmation.

I would agree in most cases but I picked up my shares at 151 at the EMA env touch..

[BullBear52x]

Can anyone tell me if it's possible to get more headroom in stockcharts.com?? I can't project price targets!!!! I usually use TC2000 but wanted the stockcharts history as I have been doing much longer term trades lately.

Need to past the gap first, short term is still on basing construction, break down get out and wait for new set up, I posted these charts a week or so ago.

[Cobra]

I'm neutral as I see too many times nowadays, a morning down then slowly up the rest of the day, so wait to see if today is of any difference.

[BullBear52x]

some bears are still longing for gap to be filled. 3 major one that I am looking at.

Running on fumes at these levels,short at 1561,should have guessed this move with trannies up 2% yesterday

I saw that too about Trannies,

[Al_Dente]

This chart is on top of my worry list
Ratio of SPHB (High Beta) to SPLV (low volatility), a measure of investor's appetite for high risk assets.
Ratio with a declining trend while market makes a new all time high warrants some caution.

Nice cover-your-ass chart.
I’m sure you’ll link us to this and other uncredited (borrowed) charts when the market turns.
Don’t bother replying.
I have blocked you.

[jarbo456]

tomorrow is the largest POMO day of the month. just an fyi.

also bullish friday - i gather cobra will mention the fact that fridays have been quite bullish of recent.

[Apple]

[TradingJackal]

Looks like GLD took the orange path from yesterday's post. There is a possibility that we are in triangle/4th with the 5th to come. Today and tomorrow should decide if the GLD bugs have it in them.

[KENA]

A good trading system in this kind of mkt that works most of the time..Find your stocks and buy channel support and sell channel resistence.These will be mostly swing trades.Be satisified with smaller trades and smaller but nice profites.This will keep you busy watching your trades. Good for either bull or bear.Right now the good mkt stocks are pushing highs and may be pulling back.

[TraderGirl]

Bulls may want to be cautious here...looks like a big move down may be coming early next week...we most likely retest the highs afterwards...

Dow...potential count...

[Harapa]

This chart is on top of my worry list
Ratio of SPHB (High Beta) to SPLV (low volatility), a measure of investor's appetite for high risk assets.
Ratio with a declining trend while market makes a new all time high warrants some caution.

Nice cover-your-ass chart.
I’m sure you’ll link us to this and other uncredited (borrowed) charts when the market turns.
Don’t bother replying.
I have blocked you.

Wow!
Here goes the decency of the board! If moderator approves this kind of behavior on this board, than, I am out of here.

[TWT]

$SPX: The triangle idea suggested in today´s update is dead. If ED pans out price is now in the wave (II)

[Al_Dente]

Can anyone tell me if it's possible to get more headroom in stockcharts.com?? I can't project price targets!!!! I usually use TC2000 but wanted the stockcharts history as I have been doing much longer term trades lately.

U mean u want more empty space above the symbol?
use OBV (or anything) above your stock symbol, and then make it invisible (dial the opacity to zero)