GT

Did you get a chance to watch the newest webinar by Second Skies, its definately one of
the better ones and delves into some of the predictive qualities of the kumo into the
future.

Vette,

$USDJPY - lower bb was flat and at a higher level than at the previous low, so was a good
buy point. Today's rally terminated at the declining 50dma. It might hold 90.04. Pattern
is not saying anything to me yet.

Last edited on: 11-12-2009 07:16 pm

GT

I'm still looking for a quasimoto right shoulder to complete on the S&P with a drop below
neckline to 980...LOL (this month)!!!

Caught 80% of the spike in $/Y this AM, but its been pissin' in the wind the rest of day.
Finally broke out of that triangle on the daily though. Ichi is sayin' hold your long.
IDK. keepin' an eye on it though.

Kos,

According to the Protocols of Zion, found by Saladin below the Temple Mount, beware
11/13!!

Tomorrow........Friday the 13th *yikes!* LOL

I'll be interested to see how crude handles the 50d. It's been strong support throughout
the rally. COT shows large traders have not lightened their net long positions; nor have
Commercials.

Last edited on: 11-12-2009 05:57 pm

Ryan,

Lower close tomorrow and 666 here we come. lol

Wouldn't be surprised to see a pullback to 1080. Past that I can't say.

GT -

well we had a trend day, so tomorrow has good odds of a range day. so even if its a lower
close, im not too high on a trend reversal. trade below 1058 and ill start to consider it.


double top, tilted H&S, cup with handle, all are too possible right now IMO

3 day MA was broken early today. that has held this recent swing higher. so all i know for
now is the trends nature is--or is attempting--to change.

Last edited on: 11-12-2009 05:14 pm

$SPX - definitely some things to worry about. Possible swing sell, possible double-top.
Swing buy on $USD/JPY and sell on $AUD/USD, possible double-top.
A lower close tomorrow would confirm, but I suspect that would be too easy. Better to
rally the market tomorrow to confuse and frustrate the maximum number of participants.

Kos-

I think it might have been Nymph, but I have been watching it. I have been going to
kitco.com for Copper charts on both price and inventories. I think that copper will be
one of the first tip offs that this "recovery" isn't.

$SPX - fib tgts 1085.81, then 1083.61 -1084.