Comments on: Watching Oil http://carolan.org/2009/11/watching-oil/ thoughts on markets & cetera - christopher carolan Thu, 02 Sep 2010 18:24:29 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: bigtwindaddy http://carolan.org/2009/11/watching-oil/comment-page-1/#comment-1390 bigtwindaddy Thu, 19 Nov 2009 12:06:57 +0000 http://carolan.org/?p=2876#comment-1390 Two Hanging Mans in a row... When was the last cycle we had that happen? A gap down will confirm the next leg down, probably to the lower channel. It seems to me Chris's keltner channel bands have been spot on predicting each cycle for the last couple months. I for one have been amazed at this rally since about May. Those who have shorted it have had much pain (like me), but now have been waiting for what might just be another meltdown. In my opinion there is a huge disconnect between Main Street and Wall Street, and when (maybe if??) the USD reverses, longs will be in for a surprise. Two Hanging Mans in a row… When was the last cycle we had that happen? A gap down will confirm the next leg down, probably to the lower channel. It seems to me Chris’s keltner channel bands have been spot on predicting each cycle for the last couple months. I for one have been amazed at this rally since about May. Those who have shorted it have had much pain (like me), but now have been waiting for what might just be another meltdown. In my opinion there is a huge disconnect between Main Street and Wall Street, and when (maybe if??) the USD reverses, longs will be in for a surprise.

]]> By: LovesBeta http://carolan.org/2009/11/watching-oil/comment-page-1/#comment-1389 LovesBeta Thu, 19 Nov 2009 10:44:25 +0000 http://carolan.org/?p=2876#comment-1389 TED Spread looks like might have now changed direction and rising? ... http://www.bloomberg.com/apps/cbuilder?ticker1=.TEDSP%3AIND TED Spread looks like might have now changed direction and rising? …

http://www.bloomberg.com/apps/cbuilder?ticker1=.TEDSP%3AIND

]]> By: kmckellop http://carolan.org/2009/11/watching-oil/comment-page-1/#comment-1388 kmckellop Thu, 19 Nov 2009 00:09:00 +0000 http://carolan.org/?p=2876#comment-1388 Oil- I'm guessing a wave five pop up to finish Her off. ....Just a guess. Oil- I’m guessing a wave five pop up to finish Her off. ….Just a guess.

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