tag:blogger.com,1999:blog-947237681666122369.post3144668520018795982..comments2024-03-25T08:04:19.119-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX and XLE Update: Light Volume Breakout is Highly SuspectPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger174125tag:blogger.com,1999:blog-947237681666122369.post-51717614032391381092011-12-29T03:48:23.469-10:002011-12-29T03:48:23.469-10:00No doubt! These are professional thieves at work.....No doubt! These are professional thieves at work... hiding their tracks.Guestnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-4446783548933851002011-12-29T03:02:48.534-10:002011-12-29T03:02:48.534-10:00Good morning Pretz,guys and galsGood morning Pretz,guys and galsbetoqhttp://twitter.com/betoq01noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78925596101764701442011-12-29T02:59:38.341-10:002011-12-29T02:59:38.341-10:00Okay, update's posted. I think it should be a...Okay, update's posted. I think it should be added into R.N. Elliott's masterworks. I have no idea how you guys convince me to work so friggin' hard for you. :) That one article represents 12 hours of work today... so no doubt, someone will stop by to insult me over it. :D Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-7097356668663223102011-12-29T02:33:23.622-10:002011-12-29T02:33:23.622-10:00Actually, no. It would be a last head-trip for be...Actually, no. It would be a last head-trip for bears and get 'em shorting at the wrong time again. I don't think anyone else has spotted it yet. They will after my article comes out, though -- you'll start to see it crop up everywhere. Maybe I should save it 'til the last minute, just for you guys. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-30464603341524124612011-12-29T02:24:53.067-10:002011-12-29T02:24:53.067-10:00That *very* revealing info must make you even more...That *very* revealing info must make you even more bearish I'm guessingblackjaknoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-54290472031732549352011-12-29T02:07:56.580-10:002011-12-29T02:07:56.580-10:00So here's my hell tonight: I'm done with ...So here's my hell tonight: I'm done with the article. A few minutes ago, literally as I was proof-reading and about to publish it... I catch something new, and potentially *very* revealing, in the charts. So now I basically have to rewrite the whole thing, and re-draw 3 of the charts. <br /><br />Being meticulous sucks sometimes. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-22552802555297362482011-12-29T02:04:05.568-10:002011-12-29T02:04:05.568-10:00Fabio, thank you very much for the donation! :)Fabio, thank you very much for the donation! :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-73176924440424412012011-12-29T01:03:11.633-10:002011-12-29T01:03:11.633-10:00No excuses, I expect market top predictions down t...No excuses, I expect market top predictions down to the cent!Narfu187noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-31025122794536589292011-12-29T00:10:45.743-10:002011-12-29T00:10:45.743-10:00lol. To your earlier point, I'm looking forw...lol. To your earlier point, I'm looking forward to wave 3 starting for real. Third waves are "easy money" when you're on the right side. Second waves are notorious b*tches, because there's always a lot of uncertainty about direction. Second waves in bear markets are usually "the rally that fools the masses" so they're necessarily confusing and ambiguous. Add that to the fact that they can retrace all the way up to 100% of wave 1, and it gets challenging at times trying to nail down a top. Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-53910864269669188202011-12-28T23:57:49.356-10:002011-12-28T23:57:49.356-10:00Oh I know you did. No criticism intended. I wish I...Oh I know you did. No criticism intended. I wish I had been here earlier. I'm learning fast though and look forward to my daily dose of Pretzels.wwtradernoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-80679515193654051912011-12-28T23:50:24.313-10:002011-12-28T23:50:24.313-10:00Thanks. :)
Actually, I caught the majority of th...Thanks. :)<br /><br />Actually, I caught the majority of the October rally: <br /><br />http://pretzelcharts.blogspot.com/2011/10/spx-update-multi-month-counter-trend.html<br /><br />And so far my call for the top at 1292 on October 28 has been good. The challenge has been figuring out when the market's actually done screwing around with repeat trips back into these low-mid 1200 levels.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-7230191582966237732011-12-28T23:42:35.023-10:002011-12-28T23:42:35.023-10:00Ah, you've discovered my technique for shortin...Ah, you've discovered my technique for shorting the market, all the way up from 10800. I hope you've got another 300 rolos.... On the up side, I'm hoping wave 3 will be a lot easier than wave 2. I really appreciate the advice, the charts and the humour.wwtradernoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-23598767941322549952011-12-28T23:15:40.237-10:002011-12-28T23:15:40.237-10:00At the risk of "giving away the farm" he...At the risk of "giving away the farm" here, I'm going to let you guys in on one of my little secrets.<br /><br />Sometimes when you're working straight through and you don't have time to prepare a real meal -- but you're starving, so you grab a Christmas-colored bag of Rolos and start eating those -- sometimes you just have to insist to yourself that this is REALLY the last one, and put the bag out of reach. Okay, this is REALLY the last Rolo. These things are evil.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-90997455645805703142011-12-28T22:53:30.410-10:002011-12-28T22:53:30.410-10:00lmaolmaoExpatnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-6134551620349597122011-12-28T21:08:38.595-10:002011-12-28T21:08:38.595-10:00I'd give almost anything for just ONE really c...I'd give almost anything for just ONE really clear chart on a major index.<br /> <br />I'm pretty sure that most of the charts I'm looking at were drawn by vandals.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-28039185200935520552011-12-28T18:17:36.713-10:002011-12-28T18:17:36.713-10:00Well, catgone it!!! Back to the books on that on...Well, catgone it!!! Back to the books on that one... Thanks prof logic.Furrrnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-47869599155803024422011-12-28T17:44:28.790-10:002011-12-28T17:44:28.790-10:00Rob, many thanks for the donation! Merry Christma...Rob, many thanks for the donation! Merry Christmas and Happy New Year to you and your family as well. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-16692415645560132712011-12-28T17:38:50.549-10:002011-12-28T17:38:50.549-10:00It isn't me, if that's what you're thi...It isn't me, if that's what you're thinking. It's enough work for me just to do the charts, answer all the questions, and just try to keep up with being me. Also, if it were me, I'd have added in an "I, KNOWITALL, therefore FART in your GENERAL DIRECTION." <br /><br />I happen to know who it is though. You can actually tell because his prior posts have now changed to reflect his new name. Same way I knew that the new GGecko was the old Vulture. ;)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-48834414272312468032011-12-28T17:34:20.084-10:002011-12-28T17:34:20.084-10:00very well said sir.very well said sir.J0007mnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-13701871925047111042011-12-28T17:29:10.237-10:002011-12-28T17:29:10.237-10:00haha... I wonder who that is... :)haha... I wonder who that is... :)William Linoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-77566085124498078192011-12-28T17:24:41.715-10:002011-12-28T17:24:41.715-10:00Either pick a stop loss or wait for a breakdown. ...Either pick a stop loss or wait for a breakdown. I can see at least one possibility that would stretch this the top out another week or two. But the top looks a *whole* lot closer than the bottom here.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-11039892956607545862011-12-28T17:19:24.301-10:002011-12-28T17:19:24.301-10:00I do hope when I'm 80 people still think I'...I do hope when I'm 80 people still think I'm a 20-something college student. I intend to stay young at heart as long as I possibly can. <br /><br />Being overly-serious is for the immature; only those who have been defeated by their own inability to adapt are unable to laugh at themselves, humanity, and all the ironic tragedy that this life entails.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46236965861200254962011-12-28T17:17:28.873-10:002011-12-28T17:17:28.873-10:00Seems like the time to load up on some SPY puts is...Seems like the time to load up on some SPY puts is here!Kotharisweetnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-74306938969858617702011-12-28T17:15:41.942-10:002011-12-28T17:15:41.942-10:00LMFAOLMFAOJ0007mnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-25634599596934626532011-12-28T17:01:41.949-10:002011-12-28T17:01:41.949-10:00sorry about the euro thing but you're in parad...sorry about the euro thing but you're in paradise so you don't count. Oh to be back in college, what fun!J0007mnoreply@blogger.com