posted by Donald Gardner on 9 minutes ago
GT,
Megaphones are usually bearish, right (I'm trying to remember from "Stikky Stock Charts")?
Rev Shark is also bearish:
http://www.thestreet.com/p/_htmlrmw/rmoney/revsharkblog/10623472.html?cm_ven=EMAIL_htmlrmw
The only lucky thing happening next week is Friday the 13th. :)
Last edited on: 11-07-2009 12:08 pm
posted by GTNew on 34 minutes ago
Kos,
I'll throw this out also. Those of you who buy and hold ultra-shorts, compare the chart to
$VXO or $VIX. They should look like that chart. They don't--structurally defective. Take
SRS, people lost interest in this one in April '09. Look at the daily ranges after that
time, smaller and smaller,it's volatility at 2006 levels. @StevenPlace said it best,"They
suck at life."
Last edited on: 11-07-2009 11:43 am
posted by GTNew on 1 hours ago
Kos,
Mandy and Mindy do webinars, but they're only available at ASU frat parties.
Kos,
Here's my weekly GLD chart with 1 and 2 sigma bands.
http://bit.ly/2aWtAM
I've noticed that markets in a strong up trend tend to trade between the two in a channel
but really pushing through the top of the upper band, then finding support right at the
lower band. $SPX did this also until recently when it dropped below the 1 sigma band. Now
it's trying to regain it.
Ryan might add that the weekly 1 sigma line on the GLD chart coincides roughly with a 9 wk
mav.
Last edited on: 11-07-2009 12:03 pm
posted by valuemac on 4 hours ago
kos, no grief? pfffft.
posted by valuemac on 4 hours ago
sry. dbbl post
Last edited on: 11-07-2009 07:30 am
posted by kos1 on 7 hours ago
My .02 on megaphones [the simple & basic that is.....that's all I'm good for]
http://wp.me/pxBFA-Aj
GT
You sooooo have to do a video on that stuff. It's unbelieveable and I'd even spend Mike's
money to really , truly see and understand what you see. I want to learn/comprehend that
sh**.
Really. I hope you'll think about it - as you smoke a stoagie (sp?) in nice, warm AZ.
[hey, xmas is coming......it's on my wish list]
:)
;)
Last edited on: 11-07-2009 04:39 am
posted by GTNew on 12 hours ago
What exactly is a megaphone pattern, or a broadening pattern?
Daily chart of $VXO. You could use $VIX as well:
http://twitpic.com/okrcu
The lime green line represents plus 3 sigma, or a Bolliger Band 3,20 instead of 2,20.
Looks like when it goes 3 sigma up, it's time to buy the market.
posted by GTNew on 13 hours ago
For your eyes only!!
Courtesy of our friends who make clocks and chocolate:
http://twitpic.com/okhoi
Harmonics: 880,990,1100,1210,1320
I should add some others. Notice they also provide approximate ranges for $SPX:
440,660,880,1100,1210,1320,1540.
Last edited on: 11-06-2009 11:07 pm
posted by Ryan4891 on 14 hours ago
ed -
isnt that what CA is all about? livin on the edge?
aka buying a 400k home with a 30k/yr paycheck lol
(a great song though)
posted by GTNew on 16 hours ago
I'm afraid this could be America's future. We no longer attract the best and brightest to
our shores. There are greener pastures.
http://bit.ly/2WqtPQ
Last edited on: 11-06-2009 08:16 pm










