tag:blogger.com,1999:blog-947237681666122369.post9202482104479501499..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX Update: Here We Go Again... Another First from this RallyPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger367125tag:blogger.com,1999:blog-947237681666122369.post-72065920908519973572012-02-16T21:48:57.726-10:002012-02-16T21:48:57.726-10:00It's actually just one guy, possibly two, who ...It's actually just one guy, possibly two, who use 20 different IDs. The problem is that the irresponsible owner of what used to be a great site, just won't even address the issue. It's to the point now where 50% of the comments come from the same person who even admits to using all those IDs. The guy is an absolute sociopath, who harasses nearly everybody, but especially me. I consider it a compliment since I have no doubt he has jealousy issues. Yet the lazy owner of that blog won't do anything to correct the damage the troll does by constantly flagging my comments. The entire board is literally sick of it, but they all still hang out there. I don't. I might be posting 1% of what I used to contribute there. In all honesty, I consider it their loss, not mine.Albertarockshttp://albertarocks-ta-discussions.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33141418559792797102012-02-16T04:22:56.293-10:002012-02-16T04:22:56.293-10:00 You're gonna need an alias, and start using p... You're gonna need an alias, and start using poor grammar as a cover, to confuse the flagger. Remind me to visit Calgary...doing Quebec this year I think....it's gonna be quite a drive.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-28189741298321888852012-02-16T03:49:58.069-10:002012-02-16T03:49:58.069-10:00Mornin' Katz, isn't it interesting that yo...Mornin' Katz, isn't it interesting that your esignal XTL is coloring the last 19 weeks as untrended (black bars, for those not familiar with esignal XTL indicator). You would swear that the last 9 weeks at least was trending up - should've been blue.Dust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-26865515869609925242012-02-16T03:43:39.145-10:002012-02-16T03:43:39.145-10:00 Thanks Katzo...Your targets have been dead on, an... Thanks Katzo...Your targets have been dead on, and I am one to never argue with genuine success.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-84602072295791910232012-02-16T03:33:41.471-10:002012-02-16T03:33:41.471-10:00Okay, 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-46959995696156272312012-02-16T03:29:57.476-10:002012-02-16T03:29:57.476-10:00http://en.wikipedia.org/wiki/Elliott_Wave_Principl...http://en.wikipedia.org/wiki/Elliott_Wave_Principlekatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-26737564841075093072012-02-16T03:27:03.380-10:002012-02-16T03:27:03.380-10:00If you are talking down it began when I called the...If you are talking down it began when I called the series of mini flash crashes days ago.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-60821256310346165952012-02-16T03:25:29.122-10:002012-02-16T03:25:29.122-10:00bear flag on the 240 ES.
http://www.screencast.co...bear flag on the 240 ES.<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/f50fc92b-eb57-4aad-9456-9e379d1fd63akatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-85277507175913631782012-02-16T03:23:49.144-10:002012-02-16T03:23:49.144-10:00Looks like there's a whole buttload of US econ...Looks like there's a whole buttload of US economic news lined up to drop at 8:30, then Big Ben at 9:00.CalDnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-69976678126970121312012-02-16T03:22:48.005-10:002012-02-16T03:22:48.005-10:00Great chart! Does this mean that your analysis sug...Great chart! Does this mean that your analysis suggests a trend reversal to begin any moment now - within the next few days, right?pdragounnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66315530769071144152012-02-16T03:22:08.920-10:002012-02-16T03:22:08.920-10:00Good morning Katzo,
Who is Ralph?
I once hit a C...Good morning Katzo,<br /><br />Who is Ralph?<br /><br />I once hit a Cambridge Police cruiser. Fortunately for me, the guy was in a place where he shouldn't have been at that time, and the damage was very minor. He waved me away. Like a law abiding citizen, I dutifully obeyed. :)akwfungnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-45108256464797454682012-02-16T03:14:20.425-10:002012-02-16T03:14:20.425-10:00I manually watch every ES trade I put on. What I h...I manually watch every ES trade I put on. What I have termed stop grabbers do an efficient job at lightening ppls wallets with these double tops on smaller time frames. They know where ppl entered a trade and where the stops are. You have to be damn good, to get the price exactly right and the timing exactly right IMO to just walk away. I also watch how the waves unfold on short time frames to see if I should stay in the trade or stop myself out. If an up wave turns around, remember the 120 ES chart I posted with an arrow pointing to a candle and me saying when long I did not understand that candle? What if you go in at say 1300, it moves to 1280, then turns around and goes back to 1300 when you see it next. Profit lost. A one point loss is a one point loss, no margin additional cost. Transaction costs are minimal, less than a 1/4 point.<br /><br />Look at this crap this morning. Shot up, headed for my 42-4, came right back down to 34. katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-48490415017879966072012-02-16T03:01:57.369-10:002012-02-16T03:01:57.369-10:00A longer view. 3P&DH that I called seems to be...A longer view. 3P&DH that I called seems to be in its transition. I believe we can dismiss the potential 20/50 MA cross and classify it as a kiss. EWs seem to trump MAs, MAs are useful to me only for a check and balance. On the day time frame golden crosses are way late to be of any use. Also it seems that this is a 'believable' hype job the media applies to fool the dumb money, the name alone provides an aura that it will work, is of value GOLDEN & CROSS, immense value and religious connotations. Elliott Waves are leading indicators, my tgt levels (Ts) prove that over-and-over. And don't give me the Prechter EW does not work bullshit, there are good car drivers and not so good car drivers. And some good drivers turn into bad drivers (ask me about my father-in-law's friend who hit a police cruiser in Florida). Too many associate EWs with Prechter, it is not Prechter but Ralph, a brilliant and prescient man.<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/7d96e004-765d-4f83-a8d6-a981c6f83411katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-42544784249483857152012-02-16T02:43:54.726-10:002012-02-16T02:43:54.726-10:00Any comments on the ASTRONOMICAL volume on VIX-rel...Any comments on the ASTRONOMICAL volume on VIX-related ETF's during the past week? Is this an indication of smart money expecting a trend reversal? pdragounnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-75487118657376656412012-02-16T02:39:33.627-10:002012-02-16T02:39:33.627-10:00Morning all,
I'm digging into futures trading...Morning all,<br /><br />I'm digging into futures trading and would really like to get the opinion of the very experienced traders here. I can't devote the necessary time to be a day trader as I have a day job. However, the best of the traders that post their trades in real time (in futes) are in and out in minutes to hours. Question: Is it possible to profitably trade futes over days to weeks time-frame? Can the same tools and strategies be used?<br /><br />One other question is: As I understand it, futes give a profit of $50 per point per contract. If one isn't using margin, are losses the same way (50/point/per contract)? Or is there some other wrinkle to it like decay in leverage ETFs?<br /><br />Thanks in Advance...not just to those kind enough to chime in on this question but to everyone that contributes to this forum. I hope to make a more meaningful contribution as I learn more.<br /><br />GL all.Whip_sawednoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-13874112125948978412012-02-16T02:33:06.526-10:002012-02-16T02:33:06.526-10:00Good morning PL,
More European markets are falling...Good morning PL,<br />More European markets are falling through trend lines established 8-10 weeks ago including today for the first time the mighty DAX. Joining it are EST 50 PR EUR and IBEX-35 (BIG drop with gap).<br />The others broke through some days ago and are still sinking, they are:<br />AEX, ALL ORDINAIRES, BEL 20, CAC 40, FTSE MIB and Iceland(!).<br />Even OMX Copenhagen 20 which had trajectory of the Space Shutttle has reversed.<br />Also, SPX is beginning look a bit like a 9 wave 5th maybe? <br />It's a fractured market across the board so a turn should be imminent I guess.<br />Can't find an example where the top has hovered 9-10 days like this one. <br />Anyone help out here? Does it suggest a drop. Or maybe a rise?<br />Whatever, it is going to be an interesting 2 days.<br />And I'm sorry about your headache. <br />I know you put in a huge number of hours for our information (stuff we could never discover )<br />from the extent, breadth and quality of your posts. <br />Very grateful.<br />Kind regards<br />UKDNYUKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66211469580470504752012-02-16T02:32:12.694-10:002012-02-16T02:32:12.694-10:00I moved to SpeedTrader, found over on the right. I...I moved to SpeedTrader, found over on the right. It has 99 cent commissions but you have to trade 15 time a quarter.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-89548949451966834562012-02-16T02:07:21.109-10:002012-02-16T02:07:21.109-10:00Oil taking off, will aid in stalling any recovery....Oil taking off, will aid in stalling any recovery. Oblabba s setting himself up for a loss. Gold dead, flatlining. UUP (the dollar) and the $VIX in gear, AND you can see from the chart the $VIX lead the dollar. $VIX in gear, perfect call on BBB with trip to opposite BB, then a continued move up. Spike w/arrow on it is where we are headed, then after a slight set back up there we will break above that high. These tails or ghost spikes provide a directional sign of where it is going but you have to be able to read them correctly, not every ghost spike is a leading indicator. AAPL has these ghost spikes all over the place, pointing up, dunno but I would not be shorting this stock. The one thing that stuck in my mind is my teacher's comment to go after the wounded animals, not the best in the field. That is what panthers do. I guess we will see how this works out with AAPL. Mrkt will be a tough read today, usually works into an ABC pattern after a good move, best to stand aside. <br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/8f4042e0-3e18-4b7d-a004-acece77126e2katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-83461384946164356082012-02-16T01:52:27.640-10:002012-02-16T01:52:27.640-10:00 This is exactly the response I was looking for. ... This is exactly the response I was looking for. Thanks for the tips! I will look into the ones that support PL first.matsterynoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-12936673019005586262012-02-16T01:23:17.951-10:002012-02-16T01:23:17.951-10:00Friggin charts are a mess tonight. I'm gettin...Friggin charts are a mess tonight. I'm getting a headache. :(Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-82711842490078631362012-02-16T01:07:40.113-10:002012-02-16T01:07:40.113-10:00It's been so ridiculous this rally. I don'...It's been so ridiculous this rally. I don't think they ever did get to the bottom of the flash crash did they? Could it happen again? I think so. The NASDAQ chart look like 1987 crash territory. Not that I'm expecting anything soon. Like a Duracell battery,<br /> this rally goes on and on and on ...michaelhttp://profile.yahoo.com/FV3ADO46IJ3ZWTCTNUCIQBFYRQnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78040174324737712112012-02-16T00:43:38.578-10:002012-02-16T00:43:38.578-10:00Yeah, that would suck. I feel for him!Yeah, that would suck. I feel for him!Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-44349378695248209422012-02-16T00:32:12.675-10:002012-02-16T00:32:12.675-10:00Out of the last of my longs for a couple points. Out of the last of my longs for a couple points. Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-85720163093660009852012-02-16T00:29:54.237-10:002012-02-16T00:29:54.237-10:00You and I were lucky PL, we only has one each alth...You and I were lucky PL, we only has one each altho mine had 13 personae. ARock seems to have attracted a pack after him. So he wins the prize. katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-64704029261769566002012-02-15T23:32:03.039-10:002012-02-15T23:32:03.039-10:00appears a reset to ES 42-44 is set up for today ba...appears a reset to ES 42-44 is set up for today baring any morning news that may real time alter this call. katzo7noreply@blogger.com