tag:blogger.com,1999:blog-947237681666122369.post8135166282254846282..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX Update: How Much Longer Can Europe Support the U.S. Markets?PretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger387125tag:blogger.com,1999:blog-947237681666122369.post-78247209941294330832012-01-19T04:07:41.734-10:002012-01-19T04:07:41.734-10:00I should remember, it's leveraged. So at $390m...I should remember, it's leveraged. So at $390m, if 1:50 leverage, then only $7.8m is needed. That's not beyond a fund manager's means, I guess.Dust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-79778822457101280782012-01-19T03:49:39.839-10:002012-01-19T03:49:39.839-10:00Forget it...I read down the next few posts...My qu...Forget it...I read down the next few posts...My question officially falls into the dumb q category now. Sorryjbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-15492829262298013672012-01-19T03:46:56.957-10:002012-01-19T03:46:56.957-10:00Okay, update's posted, let's continue disc...Okay, update's posted, let's continue discussion on that thread. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-30586630775129274902012-01-19T03:44:39.065-10:002012-01-19T03:44:39.065-10:00I've reluctantly concluded that most AV and sy...I've reluctantly concluded that most AV and system monitor programs are as bad as viruses. I figure my wireless router has a firewall, my OS has a firewall, I just look for the simplest AV program I can find and try and refrain from petting strange dogs in general. Also do an occasional scan with Ad-Aware.CalDnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-11037614262885472442012-01-19T03:31:01.959-10:002012-01-19T03:31:01.959-10:00 My $RUT #of 780 is being hit just now in the futu... My $RUT #of 780 is being hit just now in the futures. Hooray (been waiting)...Just two questions in regards to your awesome chart. Your notation on PTI states that it must be over 35 to be a valid EW count...1) what is PTI, and 2)what does 35 represent (maybe 1 will answer 2). Thanks in advance for your technical expertise and twisted sense of humor.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-37019767510346709502012-01-19T03:16:59.416-10:002012-01-19T03:16:59.416-10:00Ohhh, you just say that, to relax.Ohhh, you just say that, to relax.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-45378575510110583842012-01-19T03:15:13.103-10:002012-01-19T03:15:13.103-10:00Taxachusetts...Taxachusetts...katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-72378067942415566002012-01-19T03:10:29.953-10:002012-01-19T03:10:29.953-10:00That was a defective toilet I swear. I was just ch...That was a defective toilet I swear. I was just checking the quality of the porcelain. As you can tell...it failed miserably. That's why we have an outhouse....and a ceeement pond. jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-24065580106869945212012-01-19T03:07:29.457-10:002012-01-19T03:07:29.457-10:00My wife makes up for me...even though I made her c...My wife makes up for me...even though I made her cancel her subscription to "Wizard World" magazine. Sshhhhh...she's a hot geek.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-37095027570584588672012-01-19T03:04:09.770-10:002012-01-19T03:04:09.770-10:00He's pretty blatant (and subtle at the same ti...He's pretty blatant (and subtle at the same time).jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-3833075102257861582012-01-19T03:00:12.571-10:002012-01-19T03:00:12.571-10:00ES 1308.75 high just hit, tgt was 1309, pretty dam...ES 1308.75 high just hit, tgt was 1309, pretty damn close, not over til it over tho, MMs have many tricks up their sleeves. . .katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-37612800329482298012012-01-19T02:59:44.328-10:002012-01-19T02:59:44.328-10:00PLEASE!!! Ya gotta post that. That is ridiculously...PLEASE!!! Ya gotta post that. That is ridiculously interesting.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-86049290959121263342012-01-19T02:48:57.408-10:002012-01-19T02:48:57.408-10:00This is the hourly ES chart with my wave count for...This is the hourly ES chart with my wave count for the past 10 days and it shows a nice ending diagonal near completion.Ray_1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-25390089112358265162012-01-19T02:35:01.149-10:002012-01-19T02:35:01.149-10:00Thnx DD.Thnx DD.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-56674397398199440572012-01-19T02:10:37.084-10:002012-01-19T02:10:37.084-10:00PTI is the Profit Taking Index. It's an automa...PTI is the Profit Taking Index. It's an automatically computed analytic in the eSignal product. The algo is proprietary. You'll need eSignal to see it. Here is the user manual's chapter if you're interested. http://www.esignal.com/support/advancedget/manual/eSignal_Manual_ch8.pdfDust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-31075956130964593632012-01-19T02:06:27.321-10:002012-01-19T02:06:27.321-10:00Here is the 10 min. ES with the megaphone partiall...Here is the 10 min. ES with the megaphone partially shown. The EW count is wrong, and the mrkt will prolly head for ~1309, a last spike I mentioned last nite. EW5s are mavericks, are unpredictable, so just about anything can happen. What happens during a top is the underlying indicators start doing very weird things, not understandable and in agreement with the up move. Volume should reduce on the actual last spike in comparison with the previous (this represents the true EW5 where because of a lack of further buying pressure & support the up move fails to continue) and volume should pick up on the way down, after the pinnacle is in. I feel the same large hand, the same powers who pushed this up last nite will switch sides, pushing it down massively. on the chart the EW4 should have stopped at the yellow line.<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/48e76f67-2603-4578-b85a-013f2e3b279c<br /><br />Everything is in gear, oil moving up, gold moving up. GLD hit my tgt of 162 in o/n trading, plan on moving out of it today. And to go back and touch on something I said last weekend, my scan of 250 symbols only produced a handful of oil stocks as positive plays (listed in a post below). All seven were up, unheard of in my research. Other that these few oil symbols, other $RUT candidates were in neutral or even in an almost sell mode. This tells me a lot, support seems to be backing away from the general mrkt. Will Money Managers lock in Europe, this is based on Pretzel's research, as the sucker as retail America did not come back into the mrkt. Will Europe be the suckers this time around?katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-43446977077806346902012-01-19T02:05:01.850-10:002012-01-19T02:05:01.850-10:00Also be interesting to see what happens w/ DAX tes...Also be interesting to see what happens w/ DAX testing its 200 dma.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46842997725190526692012-01-19T02:01:58.456-10:002012-01-19T02:01:58.456-10:00Hi, SimpleSwing, and welcome!
Although I agree th...Hi, SimpleSwing, and welcome!<br /><br />Although I agree that DAX often leads U.S. -- 2008 I used to watch DAX religiously... but DAX has been lagging SPX a bit this time, since it's still below its October highs -- so it seems like U.S. is leading here. Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-51839220493459943962012-01-19T01:59:12.106-10:002012-01-19T01:59:12.106-10:00tytyPretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-2765716332996700582012-01-19T01:55:14.526-10:002012-01-19T01:55:14.526-10:00PTI = ?
Thanks in advance.PTI = ?<br />Thanks in advance.sunseekerFLnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-83586366074557411782012-01-19T01:52:53.844-10:002012-01-19T01:52:53.844-10:00In my opinion it is really the european markets es...In my opinion it is really the european markets especially the DAX that is indicating strength.<br />That is why the US futures are up.<br />But US investors do not look in the future that positive and are selling.<br />Now the question is, will the DAX move down some day soon and cause a real "bad" day for US markets or will the US markets get "infected with the european bull-fever"<br /><br />Nice blog btw!!!!<br />Regards from GermanySimpleSwinghttp://www.simpleswingtrading.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-13670949952217636092012-01-19T01:50:50.203-10:002012-01-19T01:50:50.203-10:00Not good PL. If I can help in any way let me know....Not good PL. If I can help in any way let me know.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-16070722591260091142012-01-19T01:46:27.940-10:002012-01-19T01:46:27.940-10:00Good to hear, ty. I can't get my Java charts ...Good to hear, ty. I can't get my Java charts working properly for some reason (I'm so glad HP fixed this computer, LOL), so I'm having a little trouble visualizing the structure at the moment. The charts work, but there's a 2-day gap between the action an hour ago and the current action. Very annoying.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-71286143586628984072012-01-19T01:37:28.760-10:002012-01-19T01:37:28.760-10:00Very low PTI read on this EW structure meaning tha...Very low PTI read on this EW structure meaning that we will prolly go up for a double top or to my 1309 some time soon. Chart coming.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-52319744525066089362012-01-19T00:58:01.022-10:002012-01-19T00:58:01.022-10:00This is a male nurse who lets his young child have...This is a male nurse who lets his young child have a LIGHT SABER. Believe me, I'm not letting this bunch anywhere near my home.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.com