tag:blogger.com,1999:blog-947237681666122369.post1374701294383293339..comments2024-03-25T08:04:19.119-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX Update: Uncle Ben Saves the World?PretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger139125tag:blogger.com,1999:blog-947237681666122369.post-14331409361535281512011-12-02T00:39:55.001-10:002011-12-02T00:39:55.001-10:00Update's posted, so let's move future disc...Update's posted, so let's move future discussion to that thread. :)PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-6672709359822246212011-12-01T23:16:34.633-10:002011-12-01T23:16:34.633-10:00ty!ty!RolfTnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-28039131661741286572011-12-01T23:14:09.723-10:002011-12-01T23:14:09.723-10:00Nice call. :)Nice call. :)PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-73818807816957954282011-12-01T23:12:57.569-10:002011-12-01T23:12:57.569-10:00ka-ching.ka-ching.RolfTnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-77369590703074794102011-12-01T22:43:51.443-10:002011-12-01T22:43:51.443-10:00Nice rising wedge on ES, may be good for a few poi...Nice rising wedge on ES, may be good for a few points shortlyRolfTnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-76103941944980242312011-12-01T21:47:28.317-10:002011-12-01T21:47:28.317-10:00I'm still working, so my opinion is subject to...I'm still working, so my opinion is subject to alteration by morning, but currently my stance is pretty much the same as yesterday. The market really did nothing to change it -- that I've spotted so far, anyway. <br /><br />One thing worth noting is that today was the second close outside the lower BB on VIX. Last time that happened was right before a big top in SPX.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-54760632605200252762011-12-01T21:33:12.065-10:002011-12-01T21:33:12.065-10:00PL do you think that we are now at 50 / 50 preferr...PL do you think that we are now at 50 / 50 preferred vs. alternate? Do you think that the fact that the jury has been out for two days since the big Fed deal is bullish or bearish.Coloradonoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-40636629407662526292011-12-01T21:23:36.984-10:002011-12-01T21:23:36.984-10:00Looks exactly like my bullish alternate count, exc...Looks exactly like my bullish alternate count, except he's viewing the whole move for the year as part of an abc. I intend to consider and analyze that possibility more carefully when the time comes -- but in the medium term, his count and my count both get us to the exact same place.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33499284603882706252011-12-01T20:43:30.074-10:002011-12-01T20:43:30.074-10:00hey pretz, what do you think of this count? Its no...hey pretz, what do you think of this count? Its not my work but it seems like a possibility?mavrichnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-70339891606489683562011-12-01T20:03:22.848-10:002011-12-01T20:03:22.848-10:00+1 lol, this market makes about as much sense as J...+1 lol, this market makes about as much sense as June Cleaver talking Jive. What it is blood, that jive ass turkey Uncle B done jacked up my bounce sell.Williamhttp://pulse.yahoo.com/_B7CLI5H5FGWRXHLYG4RVC7PRZEnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-6924768257539082902011-12-01T19:57:10.804-10:002011-12-01T19:57:10.804-10:00It was clear by the end of September that Bernanke...It was clear by the end of September that Bernanke was going to help the Eurozone. Barron's reported that Friday, November 25, credit was seizing up in Europe. This was not a surprise move.<br />ChuckChucknoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-12753461975176201132011-12-01T19:55:39.341-10:002011-12-01T19:55:39.341-10:00BOB, I dumped my PCLN puts for 350% first thing on...BOB, I dumped my PCLN puts for 350% first thing on Monday morning, so I'm not actively watching the chart anymore. I'll try to get back to your question after my work's done. :)PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-62927580175995388172011-12-01T19:54:05.618-10:002011-12-01T19:54:05.618-10:00 btw-
Just a quick shout out to a certain donor... btw- <br /><br />Just a quick shout out to a certain donor (who wishes to remain anonymous) for his *third* donation! Thanks, your support is very much appreciated. :)PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-89375244490444182922011-12-01T19:48:49.882-10:002011-12-01T19:48:49.882-10:00 Airplane is a classic!
"I've got sick ... Airplane is a classic! <br /><br />"I've got sick people here. How long 'til we can land?"<br />"I can't tell."<br />"You can tell me, I'm a doctor."<br />"No, I mean I just don't know."<br />"Can't you take a guess?"<br />"Well... probably not for another two hours."<br />"You can't take a guess for another two hours?"PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66651633458822033982011-12-01T19:35:42.230-10:002011-12-01T19:35:42.230-10:00LOLLOLColoradonoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-41126696527071959772011-12-01T19:18:02.892-10:002011-12-01T19:18:02.892-10:00"...even though I felt serene and tranquil wh..."...even though I felt serene and tranquil when I sent in the order. After that is all of the what-ifs and second-guessing though."<br /><br />Perfectly sums up the feelings of taking a position anticipating a trend reversal! At the close 0n 11/25 my gut was telling me to BUY the market. I stayed out (to avoid the what-ifs and second guessing) thinking I'd pick it up on Monday morning... and the rest is history.johndoenoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33691909366687414872011-12-01T18:46:23.725-10:002011-12-01T18:46:23.725-10:00PL,
Looking at todays charts makes me think of th...PL,<br /><br />Looking at todays charts makes me think of the classic quote from the old "Airplane" movie....."what can you make of these charts?" "Well, you can make a hat, or a broach or, look a terradactyl!" Thought you could use a little levity, but that movie may be a wee bit old for you!!! Never say die! Cheers!Expatnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-56826230161607554932011-12-01T16:47:57.991-10:002011-12-01T16:47:57.991-10:00Looks like the markets went into a trash compactor...Looks like the markets went into a trash compactor. Can we get a smaller trading range? It is like waiting for a jury to come out with a verdict.Coloradonoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-23943634588323819202011-12-01T15:44:58.455-10:002011-12-01T15:44:58.455-10:00FYI, Posted the charts where the discussion wasFYI, Posted the charts where the discussion wasColoradonoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-787719289974787992011-12-01T15:44:05.762-10:002011-12-01T15:44:05.762-10:00It is not a great chart and I am sure someone gots...It is not a great chart and I am sure someone gots better but here goesColoradonoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-6650273869604959072011-12-01T15:18:32.873-10:002011-12-01T15:18:32.873-10:00Agreed, would love to see the chartAgreed, would love to see the chartmavrichnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-70272169879943610302011-12-01T14:53:01.381-10:002011-12-01T14:53:01.381-10:00High of the Day, Low of the DayHigh of the Day, Low of the Daymavrichnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-32143089123897446052011-12-01T14:18:24.127-10:002011-12-01T14:18:24.127-10:00whats LOD & HOD ??whats LOD & HOD ??Longinnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-12603852431719523472011-12-01T14:18:18.636-10:002011-12-01T14:18:18.636-10:00Hi PL,
I just saw the news, Germany/France agreed...Hi PL,<br /><br />I just saw the news, Germany/France agreed for more active role for ECB, which means QE for Euro, which they are likely to announce on Dec 9th. This may push the mkt little higher fromcurrent levels to 1290/1300 and then the inevitable.Shyamnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-938317102658149312011-12-01T14:07:30.763-10:002011-12-01T14:07:30.763-10:00Today really didn't give much information eith...Today really didn't give much information either way.PretzelLogicnoreply@blogger.com