Comments on: Mixed Message http://carolan.org/2010/02/mixed-message/ thoughts on markets & cetera - christopher carolan Thu, 09 Sep 2010 09:20:10 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: molecool http://carolan.org/2010/02/mixed-message/comment-page-1/#comment-1492 molecool Wed, 10 Feb 2010 19:46:30 +0000 http://carolan.org/?p=3318#comment-1492 Looking at the slow tape I have a feeling that this retracement is going to stretch out into Feb 14 - we are slowly making higher highs and higher lows bit there is no strong sense of direction. Starts looking like a bearish wedge. Looking at the slow tape I have a feeling that this retracement is going to stretch out into Feb 14 – we are slowly making higher highs and higher lows bit there is no strong sense of direction. Starts looking like a bearish wedge.

]]> By: molecool http://carolan.org/2010/02/mixed-message/comment-page-1/#comment-1491 molecool Wed, 10 Feb 2010 06:29:05 +0000 http://carolan.org/?p=3318#comment-1491 Well, shouldn't a 'new moon' coincide with a market drop not a rally - at least assuming the current cycle conveniently continues? http://carolan.org/wp-content/uploads/2010/02/020110clock.gif Well, shouldn’t a ‘new moon’ coincide with a market drop not a rally – at least assuming the current cycle conveniently continues?

http://carolan.org/wp-content/uploads/2010/02/020110clock.gif

]]> By: LovesBeta http://carolan.org/2010/02/mixed-message/comment-page-1/#comment-1490 LovesBeta Wed, 10 Feb 2010 03:47:45 +0000 http://carolan.org/?p=3318#comment-1490 Here is a chart of S&P that may give a bit of prespective: http://i713.photobucket.com/albums/ww139/LovesBeta/SnP.jpg I also monitor FAS/FAZ that are levraged on Finacial sector. Financials seem to be a lead for a while, and the levrage on these instruments make their charts even more sensative. FAZ: (The bearish ETF): http://i713.photobucket.com/albums/ww139/LovesBeta/FAZ.jpg XLF (Chart not provided) is playing with it's 200 day moving average on the downside. I also think slightly upward or sideways action till Fiday or Tuesday next week. But we'll see. If this is a bear market, surprises tend to happen on the downside. Here is a chart of S&P that may give a bit of prespective:

http://i713.photobucket.com/albums/ww139/LovesBeta/SnP.jpg

I also monitor FAS/FAZ that are levraged on Finacial sector. Financials seem to be a lead for a while, and the levrage on these instruments make their charts even more sensative.

FAZ: (The bearish ETF):
http://i713.photobucket.com/albums/ww139/LovesBeta/FAZ.jpg

XLF (Chart not provided) is playing with it’s 200 day moving average on the downside.

I also think slightly upward or sideways action till Fiday or Tuesday next week. But we’ll see. If this is a bear market, surprises tend to happen on the downside.

]]> By: trader1 http://carolan.org/2010/02/mixed-message/comment-page-1/#comment-1489 trader1 Wed, 10 Feb 2010 02:06:08 +0000 http://carolan.org/?p=3318#comment-1489 If we go higher into the end of the week or early next week, it is a possible assumption to expect a top around the March 1st time frame. F16 from the 816/2007 panic is 3/2/2010 and F12 from the 3/9/2009 low is 2/27/2010. These two SC turns form a golden section, which Chris states in his book is the most reliable of formations to predict a change in trend. I hope all my calcualtions are correct; I checked them all twice. With all of the above said, I still really prefer Chris's SC scenario for a low coming up in a few/several trading days. I just wanted to put this other SC idea out there as a possibility and see if anyone had any thoughts about it. Thanks. If we go higher into the end of the week or early next week, it is a possible assumption to expect a top around the March 1st time frame. F16 from the 816/2007 panic is 3/2/2010 and F12 from the 3/9/2009 low is 2/27/2010. These two SC turns form a golden section, which Chris states in his book is the most reliable of formations to predict a change in trend. I hope all my calcualtions are correct; I checked them all twice.
With all of the above said, I still really prefer Chris’s SC scenario for a low coming up in a few/several trading days. I just wanted to put this other SC idea out there as a possibility and see if anyone had any thoughts about it. Thanks.

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