tag:blogger.com,1999:blog-947237681666122369.post3061884622003485613..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX, COMPQ, and INDU Updates: Possible Reconciliation of Counts Across MarketsPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger216125tag:blogger.com,1999:blog-947237681666122369.post-79562353541740211862012-04-26T17:42:15.594-10:002012-04-26T17:42:15.594-10:00Numbers for FridayNumbers for FridayBob_Enoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-83229103954623565652012-04-26T03:30:55.544-10:002012-04-26T03:30:55.544-10:00Here's the chart.Here's the chart.Bob_Enoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-80076094144633885332012-04-26T03:29:50.141-10:002012-04-26T03:29:50.141-10:00I've drawn in some possible waves in the chart...I've drawn in some possible waves in the chart attached. Here's my thinking on stock ownership. Our economy (regardless of the Gov's numbers) moves thru a four year cycle (ever since the end of WWII) and the last bottom in July-August 2010 now puts this cycle near the top and is due to peak out between mid year and the elections. Next cycle low does not bottom until mid to late 2014. Therefore, no long term ownership in equities until then. Also keep in mind, the most violent up moves happen in bear markets.....<br /><br />With that in mind....looks like GLW is in a fourth wave correction and should retest (at a minimum) the $11.51 low set back in October. Bob_Enoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-7222018927691442322012-04-26T03:09:47.518-10:002012-04-26T03:09:47.518-10:00 Well said! Well said!JuiceBoxBoyhttp://pulse.yahoo.com/_F5FXAMHTHF7P6BQLEONWSWQE3Qnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66538736982613723242012-04-26T02:48:24.971-10:002012-04-26T02:48:24.971-10:00It's not the website, it's the Disqus comm...It's not the website, it's the Disqus comment system. It's a bit flaky.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-87953069901960079582012-04-26T02:47:51.649-10:002012-04-26T02:47:51.649-10:00Okay, update's posted, let's continue disc...Okay, update's posted, let's continue discussion over there. Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-53439532309885421952012-04-26T02:39:01.708-10:002012-04-26T02:39:01.708-10:00watch this break 82watch this break 82katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-52507131973611889392012-04-26T02:38:47.230-10:002012-04-26T02:38:47.230-10:00Sometimes it's the several linked elements loa...Sometimes it's the several linked elements loading...should only last a few seconds.Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-8640148559913075422012-04-26T02:38:01.050-10:002012-04-26T02:38:01.050-10:00unstable in what way?unstable in what way?katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-41544820659500664772012-04-26T02:36:52.773-10:002012-04-26T02:36:52.773-10:0082.5 ES hit exactly, show time now mrkt, make your...82.5 ES hit exactly, show time now mrkt, make your movekatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-21330073273767832092012-04-26T02:35:56.153-10:002012-04-26T02:35:56.153-10:00Question for you guys. is this website a little &q...Question for you guys. is this website a little "unstable" or is my computer acting up? website locks up thxrhejynoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-59950175736128251532012-04-26T02:34:53.543-10:002012-04-26T02:34:53.543-10:00How's the weather there in merry old......unde...How's the weather there in merry old......understand the economy has slipped back into recession? I'm wondering if we've ever come out!Bob_Enoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-6388621120188964242012-04-26T02:26:58.034-10:002012-04-26T02:26:58.034-10:00I love my gas generator. Get one to just run the c...I love my gas generator. Get one to just run the computers and the fridge - invaluable for going through storms. frannybrdnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-85250584794729904622012-04-26T02:25:44.221-10:002012-04-26T02:25:44.221-10:00I had never had an inkling of how much LIBOR had b...I had never had an inkling of how much LIBOR had been manipulated...damned criminals. Fortunately, most of our english and non-english speaking shop owners have shotguns/pistols behind their counters...different set of negotiating skills.Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-2346411721384315192012-04-26T02:20:28.116-10:002012-04-26T02:20:28.116-10:00Said This is where the mrkt finally 'shakes it...Said <i>This is where the mrkt finally 'shakes itself to death'</i>katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46047826073052628132012-04-26T02:18:09.003-10:002012-04-26T02:18:09.003-10:00LOL...Everything looks like a bear...everytime.LOL...Everything looks like a bear...everytime.Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33917305856571505172012-04-26T02:15:26.102-10:002012-04-26T02:15:26.102-10:00Keep reading the Rorschach charts Nostra, that'...Keep reading the Rorschach charts Nostra, that'll straighten you out in no time :) UKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-53345555010830237592012-04-26T02:13:38.654-10:002012-04-26T02:13:38.654-10:00VIX is chirping.VIX is chirping.Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-36742861459543203992012-04-26T02:12:59.958-10:002012-04-26T02:12:59.958-10:00Have you guys got Banks like Barclays? Recent scam...Have you guys got Banks like Barclays? Recent scam is to sell £1m hedging instruments to shop owners who can't speak English to cover a loan, to protect against interest rate moves. They then manipulate LIBOR to trigger penalties on the hedge, resulting in massive penalty payments equal to a large fraction of the Loan and even larger penalties if those with the loan want to pay off earlier. Being sued as we speak, lots coming out from the woodwork. Excellent. This is the Bank with 2 Branches in the UK and 2,600 (you read that right) subsidiaries in the Cayman Islands, in that building the size of a duplex I mentioned before. (I love the Caymans, best Caribbean island. Period. IMHO) Bankers eh? Don't you just love 'em?UKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-39199917392721224782012-04-26T02:05:53.820-10:002012-04-26T02:05:53.820-10:00Pretzel, may the peace of the Lord that passes all...Pretzel, may the peace of the Lord that passes all understanding descend upon you and your family by the fragrance laden Hawaii breezes. You have our continued well wishes and support.<br /><br />Off to work...good trading everybody.<br /><br />whipWhip_sawednoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-55919114096778621212012-04-26T01:57:15.582-10:002012-04-26T01:57:15.582-10:00Because of the up sloping channel this is the dyna...Because of the up sloping channel this is the dynamic I said yesterday, <i>ere is an upsloping channel, short at 87-8 but cover and buy at 82 now<br />EDIT: This will work until it does not, at some point it will break 81 (and my 80.25) or break 88, then it will keep on going</i><br /><br />It is extending out of the channel on both sides (a megaphone pattern) to about 3 ES points 93-4 up side now, to 82-3 downside). This is where the mrkt finally 'shakes itself to death' in the megaphone pattern (expanding triangle) and many get hurt. Levels where to buy and sell and cover for ST players have to be spot on. Or step aside.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-90669206307189093362012-04-26T01:56:27.563-10:002012-04-26T01:56:27.563-10:00You forgot to break out the magnifying glass for t...You forgot to break out the magnifying glass for the ants. But you should consider a kilowatt of solar panels as backup for the absolute necessities. Even our cell towers were out last time we had a power outage for 5 days.Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-89132127861046031682012-04-26T01:49:41.448-10:002012-04-26T01:49:41.448-10:00EW4 just was put it at 86+ area, EW5 tgt 82.50 to ...EW4 just was put it at 86+ area, EW5 tgt 82.50 to .75. If 82 breaks then my T3 comes into view.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-2116303740426809172012-04-26T01:38:54.919-10:002012-04-26T01:38:54.919-10:00...for 1,000,000...for 1,000,000Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-88936298103192653922012-04-26T01:38:00.166-10:002012-04-26T01:38:00.166-10:00That is text book with the throw-over.That is text book with the throw-over.katzo7noreply@blogger.com