tag:blogger.com,1999:blog-947237681666122369.post6742207857982262484..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX and RUT Update: Market Has Reached the Topping Target ZonePretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger154125tag:blogger.com,1999:blog-947237681666122369.post-59144804620454438002012-01-05T01:07:48.272-10:002012-01-05T01:07:48.272-10:00Update's posted, let's continue discussion...Update's posted, let's continue discussion on that thread. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66086113037714778562012-01-05T01:07:19.703-10:002012-01-05T01:07:19.703-10:00ty, kat. :)ty, kat. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-85559198012789139712012-01-05T00:59:46.355-10:002012-01-05T00:59:46.355-10:00 Yup, just reread you article. This is what I thin... Yup, just reread you article. This is what I think and have been saying too, I have ways of measuring the potential for a final EW5 move to my 1319 ES and it has only a 28% chance of happening. BUT EW5s are like a bull in a china shop, very unpredictable and erratic. About island tops, look at previous October island top in RUT to see how powerful these are. Nice analysis PL.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-61445627859114863142012-01-04T22:56:10.359-10:002012-01-04T22:56:10.359-10:00HOLY CRAP. I just finally checked AAII -- am I go...HOLY CRAP. I just finally checked AAII -- am I good at reading the mood or what? Numbers verify exactly what I suggested today, but in a BIG way:<br /><br /><br />Bullish 48.9%up 8.3 Neutral 34.0%up 5.4Bearish 17.2%down 13.7<br /><br />17% bears? OMFG. Game over.<br /> Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-86067734772315461422012-01-04T22:48:28.495-10:002012-01-04T22:48:28.495-10:00Agree PL, very hard mrkt to trade.Agree PL, very hard mrkt to trade.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-77766842152893169102012-01-04T22:46:18.352-10:002012-01-04T22:46:18.352-10:00Overlap today at least took a few options off the ...Overlap today at least took a few options off the table. Looks like yesterday's counts were the correct two options -- either the rally already ended, or there's one more quick spike high coming. Time running out for bulls here.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-17611682474035041372012-01-04T22:14:11.220-10:002012-01-04T22:14:11.220-10:00yeah...don't try and squeeze the last bit out ...yeah...don't try and squeeze the last bit out of the rally...I tried back on October 28th...the next monday I got rapped. Not going to make that mistake again.RockyTopnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-14684371629570428332012-01-04T22:06:07.358-10:002012-01-04T22:06:07.358-10:00Frankfort desk just opened at 3 am, spiked ES ~ th...Frankfort desk just opened at 3 am, spiked ES ~ three points.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-24120206096783547132012-01-04T22:03:34.580-10:002012-01-04T22:03:34.580-10:00When I bought BFR it had a 22% dividend, now it is...When I bought BFR it had a 22% dividend, now it is 18%. But dividend has not been announced yet, so that could go up in smoke.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-45811225074026640472012-01-04T21:53:27.814-10:002012-01-04T21:53:27.814-10:00Here is another 5$ stock that showed a nice basing...Here is another 5$ stock that showed a nice basing action, then a parabola. Never thought this income stock would do this, a 14% gain yesterday. I initially bought this for an income, look at its paid once-a-year dividend, but could not ignore this straight-up move. I scan through numerous charts looking for these. Will go back in if it drops.<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/3d517406-ec02-4f16-9705-7a4330861e66<br /><br />http://screencast.com/t/nN50sfulInkatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-50812670538909885482012-01-04T21:19:57.510-10:002012-01-04T21:19:57.510-10:00yeah i regretted it once i did it. it was quite fo...yeah i regretted it once i did it. it was quite foolish on my part but I couldn't sell bc of the restrictions on becoming a pattern day trader. I was definitely swayed by the poor bear performance today and the seemingly unstoppable power of the printing press. hopefully tomorrow we pop a little higher on good numbers coming out and then I can exit.mavrichnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-6882555788132414812012-01-04T20:46:19.078-10:002012-01-04T20:46:19.078-10:00If the downgrade does not happen, many bears will ...If the downgrade does not happen, many bears will be caught. Great point on the high risk low reward...William Linoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-44973977352888501942012-01-04T20:44:09.434-10:002012-01-04T20:44:09.434-10:00Good advice on "bailing out immediately on Mo...Good advice on "bailing out immediately on Monday if it didn't work out. Hold and hope will not cut it." There are so many possibilities. The safest thing would be to stay out from now through the weekend; but then you would potentially not make any money either. :) It would be sweet if S&P makes the announcment prior to Friday's close. It would then be a get in and out move with less risk.William Linoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-56879779349662684452012-01-04T20:38:58.302-10:002012-01-04T20:38:58.302-10:00Maybe for a quick day trade, but not in an overnig...Maybe for a quick day trade, but not in an overnight cash postion. Hope it works out for ya, Mav. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-49846349554689467982012-01-04T20:36:10.463-10:002012-01-04T20:36:10.463-10:00Going long near the bottom, when everyone wants to...Going long near the bottom, when everyone wants to short is scary, but that's the time to do it.<br /><br />Going long after a rally has reached the reversal zone and the market is overbought and near resistance is not something I have the stones to do. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-15302741987613913932012-01-04T20:29:32.948-10:002012-01-04T20:29:32.948-10:00Good excuse to get your next dream computer, even ...Good excuse to get your next dream computer, even if you do get this one fixed. :)William Linoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-1575654243444698112012-01-04T20:27:45.405-10:002012-01-04T20:27:45.405-10:00Yeah, not red enough yet.Yeah, not red enough yet.William Linoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-5755492110395147652012-01-04T19:49:06.189-10:002012-01-04T19:49:06.189-10:00I have a bar fridge right next to my 'puter. A...I have a bar fridge right next to my 'puter. And I *am* drinking port at this time. lol -- No kidding man, going long is scarey sh*t!dust_devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33302751890384918942012-01-04T19:45:17.576-10:002012-01-04T19:45:17.576-10:00lol i do live across from a bar...hrmmlol i do live across from a bar...hrmmmavrichnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-77619055242067557572012-01-04T19:33:53.611-10:002012-01-04T19:33:53.611-10:00Huh? It doesn't look particularly red to me. A...Huh? It doesn't look particularly red to me. A few points is noise. You need a drink :-)dust_devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-44462723141122884102012-01-04T19:29:41.342-10:002012-01-04T19:29:41.342-10:00ugh the futures are red. ughhh the one time i dec...ugh the futures are red. ughhh the one time i decide to go longmavrichnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-59829572221322076042012-01-04T19:25:21.547-10:002012-01-04T19:25:21.547-10:00lol- yeah apparently the computer was taking all ...lol- yeah apparently the computer was taking all the crash talk *way* too literally.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-10673656267083733332012-01-04T19:16:05.821-10:002012-01-04T19:16:05.821-10:00Santa was so busy whipping up an X-mas rally he mi...Santa was so busy whipping up an X-mas rally he missed your e-wish, "Please Santa... Bring me a crash!" - and now it looks like he finally got caught up with business. You lucky boy, you!dust_devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-23370047163980069642012-01-04T19:14:01.184-10:002012-01-04T19:14:01.184-10:00PL,
Sounds like "peggy" was WAY more he...PL,<br /><br />Sounds like "peggy" was WAY more helpful to you than she has been to me. VERY sorry to hear about "your" crash, and I think I speak for many of us, when I say....This is not the crash we were hoping for....It is such a drag when this happens....Expatnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-12968411302942975362012-01-04T19:07:50.641-10:002012-01-04T19:07:50.641-10:00Well that sucks! No matter what the timing, and I&...Well that sucks! No matter what the timing, and I'm sure we've all been through this, it's never a good time! Backing up my computer right after I hit "Post as Dave" button! <br /><br />Good luck Pretz!Davehttp://pulse.yahoo.com/_FPGSUHDKIZDV4BRJWIDQG56VCYnoreply@blogger.com