tag:blogger.com,1999:blog-947237681666122369.post7960548578691879056..comments2024-03-25T08:04:19.119-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX and BKX Updates: Finally, the Fifth WavePretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger347125tag:blogger.com,1999:blog-947237681666122369.post-33325113572730059922012-02-21T00:48:14.097-10:002012-02-21T00:48:14.097-10:00Okay, 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-25827320340450935962012-02-20T21:18:06.049-10:002012-02-20T21:18:06.049-10:00absolutely, depends on income level. absolutely, depends on income level. katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-38784366913119386722012-02-20T20:28:51.549-10:002012-02-20T20:28:51.549-10:00It's similar -- here's a couple difference...It's similar -- here's a couple differences:<br /><br />You have 2009-11 as a 5, I believe it's a 3.<br /><br />Also you have the move off 2011 as a 5-wave. That can't stand alone that way -- it has to be paired with some other waves, as there are no lone 5-wave corrections. :)<br /><br />I don't think it will take nearly that long, either. My best guess at the moment is that we'll peak near May, probably in the mid-1400's.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-84830217365779453102012-02-20T20:17:13.033-10:002012-02-20T20:17:13.033-10:00SSU, I looked closely at your count. The way you h...SSU, I looked closely at your count. The way you have it, the market will go back to the levels of the 2000 high and the 2007 high, above 1500, next year. Are you sure about that?Dust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-20436322745472623362012-02-20T20:02:18.350-10:002012-02-20T20:02:18.350-10:00You are correct. the story I saw was edited and tw...You are correct. the story I saw was edited and two week delay removed. Still think default will happen but when?<br />I belive Finland and Netherlands are not happy with terms. We have been here before.<br />Greece may never recover. RockRhttp://profile.yahoo.com/_SJ7XMQ7LYOTRCGGZOG222ITZIMnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-39278253394447074452012-02-20T19:41:36.679-10:002012-02-20T19:41:36.679-10:00shoot I just realized this is spot on with PL'...shoot I just realized this is spot on with PL's count for the SPX as shown in this post! :-) that gives me some confidence my counts are right. Man I am stoked!soulsurferusanoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-56343089210992786562012-02-20T19:30:56.541-10:002012-02-20T19:30:56.541-10:00Yeah, I did return to Idaho one more time when I w...Yeah, I did return to Idaho one more time when I was about 18. I did like Sandpoint better. And although I like Jasper, it pales in comparison to Banff.Albertarockshttp://albertarocks-ta-discussions.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-83023226089959186982012-02-20T19:27:28.090-10:002012-02-20T19:27:28.090-10:00Pretzel, all I can do is apologize that this troll...Pretzel, all I can do is apologize that this troll follows me everywhere, Seeking Alpha, Daneric's, Global Economic Intersection. He's literally a site destroyer and won't hesitate to use 20 different IDs both for posting comments, then giving himself 20 "likes" on them to give the impression that he's winning an argument. The man is quite literally a sociopath. You've issued your "one" warning to him in all fairness. He will fail that test. Thanks. In fact as of today, the other site no longer allows anonymous comments (because of this guy's activity) and this troll is now lashing out anywhere he can as a result. Keep your finger on that trigger. You'll know when to pull it, lol.<br /><br />All the best :-)Albertarockshttp://albertarocks-ta-discussions.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46528062385868127192012-02-20T19:02:31.396-10:002012-02-20T19:02:31.396-10:00katzo! right on. attached my count I made yesterda...katzo! right on. attached my count I made yesterday. IMHO we are now in wave (v) of iii of 3, with iv of 3 still to come, then v of 3. (v) should get is to the ~1370-1380 area, probably this week. iv to ~1300-1320 (~4% retracement) taking 1-3 weeks, and v of 3 to ~1450 or so, which will take 1-2months (another round of LTRO). After that of course wave 4 will unfold (finally a greek default!?), 4 should retrace to high 1200s imho. Say ~1280-1290, which is major resistance. A great opportunity to load the wagon for wave 5, which should go to ~1600. All levels based on previous wave retracement, length of time etc. soulsurferusanoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-5576735347991004002012-02-20T18:57:48.177-10:002012-02-20T18:57:48.177-10:00Eurozone strikes €130bn Greek bailout dealEurozone...Eurozone strikes €130bn Greek bailout dealEurozone finance ministers reached a long-delayed €130bn second bail-out for Greece after strong-arming private holders of Greek bonds to take even deeper losses than they had agreed last month.Lungara2noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-5238134140684425902012-02-20T18:54:51.464-10:002012-02-20T18:54:51.464-10:00Sold. Quick profit in 3 minues will work.Sold. Quick profit in 3 minues will work.RockRhttp://profile.yahoo.com/_SJ7XMQ7LYOTRCGGZOG222ITZIMnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-77413695366255115252012-02-20T18:49:52.852-10:002012-02-20T18:49:52.852-10:00Just went long hoping for a quick pop on open. Ho...Just went long hoping for a quick pop on open. Hoping a run at 1376 then retreat.<br />Sounds like decision on Greece postponed for a couple of weeks. I think default is in the works.<br />Riots going to spread and get worse.RockRhttp://profile.yahoo.com/_SJ7XMQ7LYOTRCGGZOG222ITZIMnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-3820416268549634462012-02-20T18:45:41.641-10:002012-02-20T18:45:41.641-10:00I don't know you, so this is your one warning....I don't know you, so this is your one warning. It's fine if you want to hold a reasoned debate about what ETF is what, but the personal insults won't fly on my site.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-75787499281636620072012-02-20T18:34:43.054-10:002012-02-20T18:34:43.054-10:00From what I've heard, orders can be incorrectl...From what I've heard, orders can be incorrectly processed during the day, computer or human errors?, and the exchanges can send out corrections after hours. That's one possible explanation, I guess.Dust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78936526450473360602012-02-20T18:13:30.236-10:002012-02-20T18:13:30.236-10:00giarc, can you get me pointed towards the ghost sp...giarc, can you get me pointed towards the ghost spikes discussion? Or, can you give me a breakdown? I have been seeing something on some different currency pairs or gold futures charts that I believe are called dragon tongues, but I am unsure and want to know if you guys are discussing the same thing.davezarlingnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-5317787395041408042012-02-20T17:48:00.052-10:002012-02-20T17:48:00.052-10:00 I have to agree with Alberta on this. If he is ... I have to agree with Alberta on this. If he is the same "Michael Wagner", and it sure looks like it is based on the nature of his comments, he <br />will infect this blog's forum. I have seen him do it before on other <br />sites. Normally I wouldn't say anything, but I really like this site and would hate to see it go sour. from one bad apple.infinitiplus1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-44640717231640987822012-02-20T17:08:24.780-10:002012-02-20T17:08:24.780-10:00The "Do No Evil" Google motto sadly went...The "Do No Evil" Google motto sadly went out the window awhile ago.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-5597146950866848082012-02-20T17:00:13.300-10:002012-02-20T17:00:13.300-10:00Alberta, you really need to get over yourself.
You...Alberta, you really need to get over yourself.<br />Your Ego is bigger than the size of Texas.<br />Always bringing attention to yourself.<br />Yawn.Michael Wagnerhttp://twitter.com/TraderWagsnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-64203833484419975222012-02-20T16:57:30.725-10:002012-02-20T16:57:30.725-10:00Yeah, right AR.
No one needs to get prescriptions...Yeah, right AR.<br /><br />No one needs to get prescriptions filled at Rite-Aid. That's merely "discretionary". So is getting one's car fixed and maintained, so they can get to work. Clearly "discretionary" again. And of course, no one needs to go to the grocery store to buy food for their family. Clearly "discretionary" again!<br /><br />You really aren't the sharpest "tool" in the shed, are you?Michael Wagnerhttp://twitter.com/TraderWagsnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-62621797990079934302012-02-20T16:55:07.690-10:002012-02-20T16:55:07.690-10:00Thanks, Ray. :)Thanks, Ray. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-70410434185333248262012-02-20T16:28:53.128-10:002012-02-20T16:28:53.128-10:00That is good to know. I buy lots of stuff from Ama...That is good to know. I buy lots of stuff from Amazon regularly, so now I can support this Blog in the process.Ray_1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-85706890810529397072012-02-20T15:36:51.640-10:002012-02-20T15:36:51.640-10:00Really! I didn't know that!Really! I didn't know that!Dust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-43611734571008495182012-02-20T15:21:26.545-10:002012-02-20T15:21:26.545-10:00Seems like they would have just warned me, if that...Seems like they would have just warned me, if that was the case. As it was, they just *&*cked me without so much as a warning -- and even after requesting a review, I never heard anything from an actual human, just form letters. Also, I've seen a number of large sites with both services. Who knows -- they're above talking to people. <br /><br />A joke: <br /><br />What's the difference between Google and God? <br /><br />Answer: God doesn't think He's Google.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-22655533928045788012012-02-20T15:09:03.649-10:002012-02-20T15:09:03.649-10:00Hey, PL, your Amazon link may have been what kille...Hey, PL, your Amazon link may have been what killed your Adsense account - was just reading about their program and conflicts with Google, but it was an old article.Furrrrnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-65617173299971357742012-02-20T15:04:13.711-10:002012-02-20T15:04:13.711-10:00 I agree. now the question is...to ask all my fami... I agree. now the question is...to ask all my family and friends for their xmas gifts back so I can rebuy them through your link or not... hrmmmm :)mavrichnoreply@blogger.com