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

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

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

kos, no grief? pfffft.

sry. dbbl post

Last edited on: 11-07-2009 07:30 am

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

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.

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

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)

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