tag:blogger.com,1999:blog-947237681666122369.post6516064752189622735..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX and US Dollar Updates: Dollar Ready for Second Stage Lift-OffPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger391125tag:blogger.com,1999:blog-947237681666122369.post-65767233062360952882012-01-18T05:52:41.363-10:002012-01-18T05:52:41.363-10:00its not small/ amd i lose more today!its not small/ amd i lose more today!billabusternoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-54115104316566699212012-01-18T03:44:17.500-10:002012-01-18T03:44:17.500-10:00I'm 4 for 4 on "no QE 3 today" predi...I'm 4 for 4 on "no QE 3 today" predictions. There is NO QE3 coming out of this meeting. I'll go 99% certain of that. No reason for it, and unless the Fed is dumber than they act, they will not even seriously consider it here.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-61281799468390340502012-01-18T03:34:51.869-10:002012-01-18T03:34:51.869-10:00PPI headline number down slightly while core rose ...PPI headline number down slightly while core rose 0.3%.<br /><br />To the QE jihadists - Inflation? What inflation? Where? :)akwfungnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-39933472095681525212012-01-18T03:33:36.089-10:002012-01-18T03:33:36.089-10:00Update's posted, let's continue discussion...Update's posted, let's continue discussion over there. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-85016685287477581162012-01-18T03:33:28.471-10:002012-01-18T03:33:28.471-10:00Just FYI ....
Atlanta Fed President Dennis Lockha...Just FYI ....<br /><br />Atlanta Fed President Dennis Lockhart said that it does not take much for the voting members to give OK to the Fed Chairman to hit the QE 3 button. When inflation is low and unemployment is high, it is a sensible thing to do. When that happens, anything that is not nailed down will float. :)<br /><br />I quite agree with Mr. Lockhart - to the chagrin of my QE jihadist friends. :)akwfungnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-15316309430907416162012-01-18T03:19:31.707-10:002012-01-18T03:19:31.707-10:00 Careful on the short side, I'd really like to... Careful on the short side, I'd really like to see it drop to 1277 ES to form that right neckline bottom on my past chart but think it ain't gunna happen soon.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-16775762987027955282012-01-18T03:13:44.212-10:002012-01-18T03:13:44.212-10:00All after lowering their guidance...what a game......All after lowering their guidance...what a game...looks like the futures yawned, got up for a pit stop, and then went back to bed.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-44529172258934397152012-01-18T02:47:43.112-10:002012-01-18T02:47:43.112-10:00Goldman (GS) beat EPS estimates by quite a bit, bu...Goldman (GS) beat EPS estimates by quite a bit, but total revenue was below estimates.pdragounnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-48062804698501630022012-01-18T02:46:23.510-10:002012-01-18T02:46:23.510-10:00Some past history, ES/15. Problem with mrkt analys...Some past history, ES/15. Problem with mrkt analysis is that everything keeps changing. Once you find the key someone changes the lock. I jump around from time frame to time frame trying to keep 'in phase' with the mrkt and find the optimum time. Yesterday the 120 was of import. Today the 15 was. I try to get the big picture, then zoom in to see if mrkt is verifying what I think. Does this wave structure look right? Look at what is labeled the 4. I think they will break this count and mrkt will head my at least in the morning. But have been fooled before.<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/e6be1df3-76d0-4d5a-bc0b-56d25a9bfcf9katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-40560731017789562582012-01-18T02:38:44.080-10:002012-01-18T02:38:44.080-10:00Damn!!!Damn!!!jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-74552047470415114432012-01-18T02:36:54.346-10:002012-01-18T02:36:54.346-10:00I believe there is a child crying in Denmark...Tha...I believe there is a child crying in Denmark...Thanks Congressjbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-42935436284281812052012-01-18T02:30:16.828-10:002012-01-18T02:30:16.828-10:00Really torn here on whether to cover again at 1291...Really torn here on whether to cover again at 1291-ish... I think I'll just move my stops down to roughly break-even on this last one and let it ride.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-79918969794755282162012-01-18T02:21:30.203-10:002012-01-18T02:21:30.203-10:00Yep. Having a good night -- nailed the bottom and...Yep. Having a good night -- nailed the bottom and the top. I love nights when the market basically trades sideways and I pick up 15-20 points. If I'd had the guts to go long at that bottom, it would have been a *great* night.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-38824208667456196202012-01-18T02:16:26.738-10:002012-01-18T02:16:26.738-10:00 Pretz, you short looks good now. 5 minutes ago I ... Pretz, you short looks good now. 5 minutes ago I thought ooohhh boy. Amazing how things can change so rapidly.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-16923487471134833032012-01-18T02:07:23.875-10:002012-01-18T02:07:23.875-10:00 Since I was blamed for your losses I will try to ... Since I was blamed for your losses I will try to help you. Are you still in your EW short Billie? Where did you enter. How many cars do you trade on ES? Can you post a chart showing the method(s) you use for entries/exits? I am very clear in levels posted, these are the levels I use. What is your small business?katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-27192219352751416202012-01-18T00:58:58.414-10:002012-01-18T00:58:58.414-10:00Will probably jump back in if da bullz can't h...Will probably jump back in if da bullz can't hold 1293.50-1294Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-6113445028005128552012-01-18T00:56:49.319-10:002012-01-18T00:56:49.319-10:00Out at 1295. Couldn't get the website to load...Out at 1295. Couldn't get the website to load for about 3 minutes there. Not sure if it's my computer or not... having some weird issues w/ Java, etc.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-69103616442796401532012-01-18T00:22:08.084-10:002012-01-18T00:22:08.084-10:00Took a small short just now at ES 1297.75 -- tight...Took a small short just now at ES 1297.75 -- tight stops.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78273815519290073922012-01-17T23:48:15.872-10:002012-01-17T23:48:15.872-10:00ty :)ty :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-59132617926863998122012-01-17T23:38:53.110-10:002012-01-17T23:38:53.110-10:00Good play, good you are out now.Good play, good you are out now.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-32547492732060182562012-01-17T23:13:36.004-10:002012-01-17T23:13:36.004-10:00Pretty clean TL on the top of the move for the 15 ...Pretty clean TL on the top of the move for the 15 min. Level to break is 1292.5 ES to question this continued move down. Oscillators down are not growing much meaning downside might be limited.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-2111194813686792662012-01-17T22:57:31.384-10:002012-01-17T22:57:31.384-10:00Here are the levels ES I am gettin' 1286, 1277...Here are the levels ES I am gettin' 1286, 1277 and 1267. Charts are a bit unclear today, time to sit back and do nothing until they become clearer. Wondering if it will try to build the right neckline today around the 1277 level. Then up to work on the right shoulder area. Or could avoid the H&S idea and continue down for 67.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-34267902477320256512012-01-17T22:50:25.394-10:002012-01-17T22:50:25.394-10:00No thanks on the heels, and I'm pretty sure Pe...No thanks on the heels, and I'm pretty sure Percy has a drug problem.<br /><br />Really only interested in the Light Saber -- mainly for cutting avocados off the tree out back. If that's not available, I'm probably just going to keep these Yugos.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33216074904786668382012-01-17T22:47:01.582-10:002012-01-17T22:47:01.582-10:00Yep, coulda covered and taken some time off. :DYep, coulda covered and taken some time off. :DPretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-43888033325174447522012-01-17T22:42:35.264-10:002012-01-17T22:42:35.264-10:00Was short from 1296, just covered at the potential...Was short from 1296, just covered at the potential double-bottom at 1287.50... ready to jump back in if that bottom fails.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.com