Thanks for the update. I have your Vix gap marked on my charts. It worked like a charm on January 28th.

Matt

that opinion was meant for everyone but you answered first and your prize will go to one of your 8 undisclosed homes so be sure to check the mail for all 8

Thank you very much, Sir, uuuum Candy (with a capital “C”).

Not sure i agree (that’s irrelevant) with every point that you made, but i like that you put some (actually lots of) thought into it.

Since 7/11, would you like to have 25 cents for every time someone thought “It’s too late to short crude” ?? How about another 25 cents for every “I gotta buy it for a bounce” thought ???

Stk mkt http://www.youtube.com/watch?v=H09g3gZ7XAs in February

towelie, nice analysis. You can use jing to upload pictures. In the thirties there was also a long-term trend-line which contained all bounces during the long treck down.

Another thing to ponder about. The chart in the infamous short-squeeze week in Sept looks very similar to this week’s. We also had a govt sponsered bump-up. Both spikes got stuck at the 50dma and 20dma crosses down. If we follow that pattern, next week will be some slow consolidation before stocks become less overvalued. Alas, too many people calling for a slow uptick Monday and Tuesday this sounds a bit crowded to me (Randall )

Deutsche Bank sees no need for subsidies as there is no need for further write-offs. 92 bln level-3 assets valued at model-to-myth.

K we only employ people who refuse to take tests.

XLB underweight for at least another couple of months: Can’t call a bottom in commodities until i can call a top in the dollar.
XLP neutral – relative performance about to end
XLU overweight _ total return incl. dividends

is there a prize if i get them right ?

So you do understand that the 8 homes is just Sherry’s way of teasing me.

“…recruited as the young intern for the fund” K, oh no, there’s some misunderstanding on your part. We would want you to be Chief Astronomer & Chief Astrologer. We’re going to base trading decisons soley upon lunar cycles & sun spots. To make your job more effective you will be based upon a satellite circulating the equator. You’re not claustophobic are you ?

Blinking. Couldn’t log on today until now as either I’m so short I couldn’t reach my computer keyboard from my chair or I was busy with other things in life.

Looking for a break below 790 and slide on down to 737 or lower for this next portion of the ride. My equations (and charts) still have us on 5 of (3). Looks like we are on a subwave 3. Other TA supports downside. My VIX gap is holding nicely, MACD invisisignal is firing sell, and all the other usual and not so usual signs are in play.

Could we still play out that larger triangle? Possible, but I have more evidence against it than for it. Next week will be exciting.

Have a great weekend!

XLB
XLP
XLU

overweight, underweight, neutral.. and why. if youre not lazy. no need to go in detail just a sentence will do.