tag:blogger.com,1999:blog-947237681666122369.post5691433374456387291..comments2024-03-25T08:04:19.119-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX Update: Apple's Intraday Reversal May Be a Signal for the Broad MarketPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger339125tag:blogger.com,1999:blog-947237681666122369.post-1745406327739607932012-02-17T05:47:25.513-10:002012-02-17T05:47:25.513-10:00Could you kindly explain why an alternative oil ma...Could you kindly explain why an alternative oil market will kill the US econ? Very curious on that reasoning. Thanks in advance.Dust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-18308310172893777262012-02-17T05:39:15.018-10:002012-02-17T05:39:15.018-10:00My mistake, I thanked you in the thread on the day...My mistake, I thanked you in the thread on the day prior. :) Thanks again.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-50606530356898631122012-02-17T05:31:07.323-10:002012-02-17T05:31:07.323-10:00Long TVIX @ 17.30Long TVIX @ 17.30Dust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-16891088493164114142012-02-17T04:26:56.760-10:002012-02-17T04:26:56.760-10:00Good morning michael,
thank you for pointing that ...Good morning michael,<br />thank you for pointing that out, and looking at it right now it looks on the point of a new high, after that I guess it is downhill all the way.<br />Kind regards,<br />UKDNYUKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46634695821057227722012-02-17T04:25:47.286-10:002012-02-17T04:25:47.286-10:00Thanks, mav. Odds are good I'll be fine. Hop...Thanks, mav. Odds are good I'll be fine. Hopefully, my body's not part of this bull run though, or I'll get screwed by the long shot odds. ;)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-40093548809107053652012-02-17T04:22:29.234-10:002012-02-17T04:22:29.234-10:00Yes, he also made a comment at one point about how...Yes, he also made a comment at one point about how the markets can remain insolvent longer than you can remain rationale. To me, what happens next depends on the outcome of re-test of 1354 spx, assuming there is one. I've seen this movie too many times before, I have no interest in trying to front-run a potential change in the trend. He mentioned how all previous waves have sub-divided, I see no reason to believe the same thing isn't happening here.<br /><br />Given where the futes are, looks like we will test the NYA breakout watch-level of 8107.24 and could be seeing the larger 5th wave unfold. But most technicals are at overbought levels, so 5th wave could truncate at any time, I am standing aside.Whoa_Nelliehttp://pulse.yahoo.com/_AWNE7KBBN2JNCLUIPQPIWKIEVEnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78588737081876033582012-02-17T04:22:04.629-10:002012-02-17T04:22:04.629-10:00Yep, still applies.Yep, still applies.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-27787526567666213982012-02-17T04:21:00.480-10:002012-02-17T04:21:00.480-10:00Okay, 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-52309933078354474832012-02-17T04:20:05.602-10:002012-02-17T04:20:05.602-10:00hope you get better buddy. no witty comments come ...hope you get better buddy. no witty comments come to mind, just sincere concern.mavrichnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-81078505843294434262012-02-17T04:09:11.876-10:002012-02-17T04:09:11.876-10:002 days ago, PL posted an updated long-term chart w...2 days ago, PL posted an updated long-term chart with a preferred count that we were working on a 3rd wave with more upside to come. I believe those counts were at a higher degree than what we have been focused on recently. We all know this rally could end any time, but until confirmation, even a correction could be the 4th before a 5th. I guess I am concerned that we are forgetting the larger picture in counting the smaller one. What do you think?<br /><br />http://3.bp.blogspot.com/-NCWfezH451M/TzpVk1FlAVI/AAAAAAAABMA/Ymhq0smMGG0/s1600/spx+bp.png<br /><br />Take care PL, you are the heart of this community.SpikerJnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-54315035588790010412012-02-17T04:04:16.439-10:002012-02-17T04:04:16.439-10:00dollar seems to be waking updollar seems to be waking upkatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-75434562062100284412012-02-17T04:00:54.582-10:002012-02-17T04:00:54.582-10:00Anyone know if PL's Tuesday comments have sinc...Anyone know if PL's Tuesday comments have since been invalidated? Sorry 'bout the font:<br /><br />"1354 would therefore be an area to watch for whipsaw action. A head-fake above and back below would suggest that the higher targets will fail. Conversely, a break above followed by a successful back-test of the breakout point would imply that the original 1376-1378 zone mentioned last week could actually be reached."Whoa_Nelliehttp://pulse.yahoo.com/_AWNE7KBBN2JNCLUIPQPIWKIEVEnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-47448913629599265142012-02-17T03:54:04.140-10:002012-02-17T03:54:04.140-10:00PL - went to sleep praying for you. I think God wa...PL - went to sleep praying for you. I think God wants you to stick around for awhile...in fine form, too.<br />Take some time off, heal up, and bask in that sunshine. Mahalo.frannybrdnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-76732067162590266802012-02-17T03:49:59.711-10:002012-02-17T03:49:59.711-10:00thnx jbthnx jbkatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-25179848877566847342012-02-17T03:45:46.867-10:002012-02-17T03:45:46.867-10:00short 57 ES, dunno bout this oneshort 57 ES, dunno bout this onekatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-72738299395324630922012-02-17T03:39:11.999-10:002012-02-17T03:39:11.999-10:00Good morning folks,
DAX has made a new recovery hi...Good morning folks,<br />DAX has made a new recovery high, CAC40 and FTSE need another 10 points to reach a new high.<br />This would translate to INDU 12970 and SPX 1363, approx.<br />Kind regards,<br />UKDNYUKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-61854499080975318312012-02-17T03:33:47.514-10:002012-02-17T03:33:47.514-10:00Hope you're feeling better, PL. I didn't s...Hope you're feeling better, PL. I didn't see any mention in the beginning of the thread, so I had to inquire. In the beginning of the thread we merely talked about computer glasses. Thought you forgot about me. :)CCAvatarnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66489030927498102902012-02-17T03:25:23.924-10:002012-02-17T03:25:23.924-10:00 Thanks Katzo...perfectly clear...once again I mus... Thanks Katzo...perfectly clear...once again I must must express my "platform envy"...that is a sweet platform :)jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-13349137518930320562012-02-17T03:06:46.615-10:002012-02-17T03:06:46.615-10:00this is for your edification & in the interest...this is for your edification & in the interest of sharing on PLs wonderful blog, this is how you analyze. we are in what is called a series of measured 'up' moves. i do not have to do all of this plotting now on my charts, i just look for relatives based on the patterns lodged in my pea brain. if you asked me what the PE of IBM was I would say what? i do not know that stuff and chart purely on visual pattern recgonition. <br /><br />this is not meant to be a trading road map, this may or may not come true, but treat this as a post showing the methods i apply to the mrkt. now, it is not this easy, the 'true' roadmap, as in what appears in this case now, may no be on the one you are watchin but another.<br /><br />the 5 min. ES is what appears to be in this case, but if you are watching the 3, 8 or 10 or 15 you might get a false read. and this switches constantly in regard to present price action. i am constantly scanning the time frames, it is a real pain in the ass, to find what i think is a chart time that is in alignment with what i think is gonna happen.http://www.screencast.com/users/katzo7/folders/Jing/media/7b695101-8802-48f1-84c0-e6c0a78d454cthis is gonna be extremely volatile, perhaps a swing up (~1360?), then a swing down, then another swing up, who knows where she will end. best to stand asidekatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-59091531775806090292012-02-17T02:57:03.391-10:002012-02-17T02:57:03.391-10:00 good one good onejbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-80905589477615113002012-02-17T02:51:33.775-10:002012-02-17T02:51:33.775-10:00Oh no, another new chart formation!!!
http://im...Oh no, another new chart formation!!! <br /><br />http://img.ly/e1W7<br /><br />Hulkmania. How does it end??? Sleeper hold or pile driver!<br /><br />Good luck on your medical issues PL.<br /><br />JoeJump3noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-27316144733847765362012-02-17T02:46:09.543-10:002012-02-17T02:46:09.543-10:00Eiree songEiree songDust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-17238919955025623242012-02-17T02:45:57.837-10:002012-02-17T02:45:57.837-10:00i think they will run it up before the bad job new...i think they will run it up before the bad job news hits and it will drop like a stone, been wrong before thokatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-59191257858078034922012-02-17T02:45:05.215-10:002012-02-17T02:45:05.215-10:00yes, but been surprised beforeyes, but been surprised beforekatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-24184921178046579262012-02-17T02:45:00.028-10:002012-02-17T02:45:00.028-10:00If it hasn't already reversed...If it hasn't already reversed...Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.com