So far the market is lining up for a short term top. OEX 10-day Put/Call is at a 1-yr high while CBOE and 10-day Equity and CBOE are low. This shows a medium term top is most likely forming..... Looking at QQQQ's 60 minute and daily FIB sequence numbers I have QQQQ topping at 47 and currently negative divergences on NYSE and NASDAQ McClellan... I do expect a run higher on QQQQ to 47 before a top will be made... I'm currently just waiting for that to happen before I go short...
ptg great trading When you posted By-by- Im guessing you closed out your shorts at 9:45
once again DOWNSIDE is LIMITED until after the 22nd
Full moon eclipse Venus 120 saturn Sun 120 Saturn Sun & venus 60 uranus
All supporting GOOD FEELINGSthe next 2 weeks, which means that SELLERS are not to be found, and there will be more buyers than sellers during this period
ALL THAT MUSh changes Late on the 22nd and gets heavy with Saturn 90 Pluto on the 31st.
Ptg is saying a down day for Monday while whole market is upbeat. When all market is upbeat things happen and he may be right not bcos i am short. Jay your chart of 6th Jan and before may have been correct but perhaps few days too early or misplaced may be.
Where you show 6th 7th down could be 8th and 11th?
Y, good to see your posts again! A big move is definitely coming on Monday, I just have no idea if it's up or down. Francis Bussiere's cycles charts suggest that the cycles turn down from Monday though:
wow a typical bull bear fight here. Ptg and others like me are bearish not because we are talking 3m time frame like simples but just few days.
Monday may be a high day possibly but tuesday or wed may have some declines. On weekly or monthly frame we may have a long bias but this current market is over bought and may decline substantially. I may be wrong but I think biases are what make the markets swing to one side or make them neutral.
We should see astral, fundamental and tech readings and not believe others. I come here cos jay has a good analysis.
Long and Strong for Monday's race to January 22nd. The market is not going to correct here. I got some relatives to buy in as well. It's great to finally get in this bull market as per my bank's advice.
MKT: next 3 leg turn up is 1/19, 1/22, 1/25 but there is a trading low in there between now & then so go find the day :-) about 4 hours ago from web MKT: we still have a vacuum down at about 1100 SPX; a lil dangerous here; I don't call trading positions as that is your responsibility :-) about 4 hours ago from web MKT: for z record, I don't do crashes, nor call MKT tops per se; there's enough tweets to see SIMON's capability now easily about 4 hours ago from web MKT: For z record still no wkly sell on the DOW; in fact the tape continues to be stretched upward; 1/4,1/6,1/8 was just a trading string about 4 hours ago from web MKT: Rocking & DOW puts in new highs for year, as advertised; 1/4, 1/6, 1/8; traders don't see these up legs & most never will, SIMON Says about 24 hours ago from web MKT: several have asked how does SIMON work ? he's workin just fine ! about 320 thousand data points strong 12:47 PM Jan 6th from web MKT: highs coming in right on schedule; 1/4, 1/6, 1/8 (one more left to go), as advertised 12:46 PM Jan 6th from web
Big UP day Monday GUARANTEED! The biggest rally days since the March bottom have occurred on Mondays. Nine out of the last ten Monday’s have been up-days (that I have confirmed) and I am looking at un-confirmed data that 16 out of the previous 18 Monday’s were winners.
It gets wilder. I don’t have time to confirm all of the following (blame TransworldDepravity if any of it turns out to be inaccurate ;), but here it is anyway…
Since the March 9th, the Dow has had 30 “up” Mondays (or Tuesdays after a Monday holiday) out of a possible 43. That’s equal to 70 percent. And 16 of the past 18 Mondays being “up” (I just mentioned) equals 89 percent. Then incredibly, 80 percent of all the point-gains since March 9th came on those 30 Monday up-days.
Read that last line again. It’s truly amazing; the stuff conspiracy theories thrive upon; It must be wrong; I better go check this out and report back
Add this to Mole’s point yesterday about the ISEE and I’m going to speculate the obvious:
Monday we’ll see a strong tape, we’ll see the ISEE hit a 240 trigger and Stupid Lucky here will bank sick profits and call it a day. The fact that the growth is surging today and the majors are quiet is a big factor, on top of the Monday data, since this is the type of tape I’m used to seeing a day ahead of a big, capping rally.
Leave ptg alone Humble1. Losing all that money being short is punishment enough for the guy.
If he wants to follow gurus like Ian--the Mahendra of cycles or FlashFusion--the King of ambiguity, that's his own personal choice. Personally following these people leads to financial peril.
61 comments:
Tomorrow Expecting a pop higher, rollover, down Friday into Monday morning.
ptg
Ptg, and what is your forecast based on?
The mating cycle of the African Dung Beetle.
ptg
Agree with PTG, 1140 ES pop, then to 1125. Long from there for the weekend
Guys, please also post ETFs so we all can analyze and share
Take me to Pandora
http://www.youtube.com/watch?v=GBGDmin_38E
dave
In other words, when the Dung Beetle is mating,, dung cannot be rolled,,, translation,, the shit stops, truth be told...:)
So far the market is lining up for a short term top. OEX 10-day Put/Call is at a 1-yr high while CBOE and 10-day Equity and CBOE are low. This shows a medium term top is most likely forming..... Looking at QQQQ's 60 minute and daily FIB sequence numbers I have QQQQ topping at 47 and currently negative divergences on NYSE and NASDAQ McClellan... I do expect a run higher on QQQQ to 47 before a top will be made... I'm currently just waiting for that to happen before I go short...
Barry
damn. PTG doesnt know no manners
anyway.
where is Y when we need him the most
the word around the big traders is sell 10" into the trading day...
wow big disappointment on jobs numbers ...
If she wants to Gap down from the open, that's good too.
Yeah Baby
ptg
Personally I'd like to add a few more shorts on a pop higher. C'mon Benny. Juice her up.
ptg
i would think we get a gap fill if we gap open would be a good short
btw only 3 hours sleep last night defending getting it up to 1139. Even caught 1139.50 with the 20% I was messing with.
dumped 30% at 1132 Just hit 2/3 rds of that back 1134.75
Im shorting all pops to until we reach 1119 min.
zoro
bye bye
ptg
ptg
great trading
When you posted By-by- Im guessing you closed out your shorts at 9:45
once again
DOWNSIDE is LIMITED until after the 22nd
Full moon eclipse
Venus 120 saturn
Sun 120 Saturn
Sun & venus 60 uranus
All supporting GOOD FEELINGSthe next 2 weeks,
which means that SELLERS are not to be found, and there will be more buyers than sellers during this period
ALL THAT MUSh changes Late on the 22nd and gets heavy with Saturn 90 Pluto on the 31st.
Jay
nope.
market gonna tank into Monday
ptg
Jay
Ptg is saying a down day for Monday while whole market is upbeat. When all market is upbeat things happen and he may be right not bcos i am short.
Jay your chart of 6th Jan and before may have been correct but perhaps few days too early or misplaced may be.
Where you show 6th 7th down could be 8th and 11th?
fas is dropping like a rock
looks like we're fixing to break down financial are breaking the fas waterfall is a sight to see
Accumulating PUTS in this area 1140 cash
Y
Y, good to see your posts again! A big move is definitely coming on Monday, I just have no idea if it's up or down. Francis Bussiere's cycles charts suggest that the cycles turn down from Monday though:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID26831&cmd=show[s145000894]&disp=O
(see the bottom "slope" in pink and green lines)
Long tna!!!!!!! woohoo!
Terry is bullish until we hit 1157 though: http://www.ttheoryfoundation.org/t-theory-calculations.html
1150 is the next target. Don't short prematurely.
c
we have been doing a 4 or 5 day up and 2 day down pattern would work for selloff later in the day and monday down
Market changes to more positive character 15:00.
Chris Carolan says could be the top:
http://spiraldates.com/?p=367
Market has decided, up we go. I agree with c 1150 looks good now.
Going long here
steve
We're rallying til Monday, load up long!!!!!!
Breakout!!! Long and strong to 1170!
x
Helge shows the high right here around 130 eastern then down into the close
I'm Loading up another truck full of shorts right here.
150% short now!
ptg
175% short now !
ptg
10 -15 point spike down is coming!!
watch out!!
ptg
Nice backtest, we can resume rally soon. No spike down anytime soon.
FlashFusion has a top today!
Ian's MasterCycle has a top today!
Blustar has a top today-monday open!
I would be opposite these heavyweights!
200% short now!
ptg
I would "NOT" be opposite these heavyweights!
that's what I meant to say
ptg
200% short
rrman is short
Y is short
I'm short
watchout!!!
ptg
I am long.
Why ?
Because there is no evidence of a top , and people are just guessing a top as we go higher.
Time to go short is decline from first lower high.
That will come in first quarter at 1250 - 1300 , but even then there will only be a shallow correction in a multi-month consolodation period.
Keep on guessing PTG while I pile in the $'s
Simples
Simples
Stop being so insecure
LOL
200% short
ptg
We've had sideways action for hours now. History says we spike Monday morning on this consolidation. Shorting now is too early.
wow a typical bull bear fight here. Ptg and others like me are bearish not because we are talking 3m time frame like simples but just few days.
Monday may be a high day possibly but tuesday or wed may have some declines.
On weekly or monthly frame we may have a long bias but this current market is over bought and may decline substantially.
I may be wrong but I think biases are what make the markets swing to one side or make them neutral.
We should see astral, fundamental and tech readings and not believe others. I come here cos jay has a good analysis.
Or maybe we spike now...lol good luck shorties
x
We're spiking now. really good luck to those who short
this might be interesting to those who are short. he gives a target of 1150 then 1130 then up again.
http://spx-ta.blogspot.com/
sorry forgot the link
ptg got his wish to load higher lol
Long and Strong for Monday's race to January 22nd. The market is not going to correct here. I got some relatives to buy in as well. It's great to finally get in this bull market as per my bank's advice.
bill
The biggest move this year in markets will be this quarter to March. 1300 or thereabouts
Catalysts =
1/ earnings optimism
2/ 0% interest rates
3/ liquidity.
Then tight consolodating trading range will follow with maybe 10% correction late summer.
Simples
Jay,
Don't you think we get a pull back Monday or Tuesday, at least 1% pull back.
"BULLISH Monday" coming up. Hope you all went long before the close like I did. This is easy money.
Stan
FlashFusion's call worked
1/4, 1/6, 1/8
Reza
Flash called for today high.
Now what?
thanks
Sally
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,pltad[pa][da][f!3!!]&pnf=y
I like P&F charts , they cut out the "noise" of the market.
1295 is also my target but probably later in first quarter.
We are now moving up through the Lehman vacuum gap to 1230.
Resistance at 200 weekly SMA and 61.8 fib at around 1230.
Think we will get a small 30 point retrace from there before moving up to around 1300 sometime around March.
Jobs numbers were net with buying because means Fed will keep at 0% and keep the liquidity tap on.
Simples
MKT: next 3 leg turn up is 1/19, 1/22, 1/25 but there is a trading low in there between now & then so go find the day :-)
about 4 hours ago from web
MKT: we still have a vacuum down at about 1100 SPX; a lil dangerous here; I don't call trading positions as that is your responsibility :-)
about 4 hours ago from web
MKT: for z record, I don't do crashes, nor call MKT tops per se; there's enough tweets to see SIMON's capability now easily
about 4 hours ago from web
MKT: For z record still no wkly sell on the DOW; in fact the tape continues to be stretched upward; 1/4,1/6,1/8 was just a trading string
about 4 hours ago from web
MKT: Rocking & DOW puts in new highs for year, as advertised; 1/4, 1/6, 1/8; traders don't see these up legs & most never will, SIMON Says
about 24 hours ago from web
MKT: several have asked how does SIMON work ? he's workin just fine ! about 320 thousand data points strong
12:47 PM Jan 6th from web
MKT: highs coming in right on schedule; 1/4, 1/6, 1/8 (one more left to go), as advertised
12:46 PM Jan 6th from web
The FLASH
Big UP day Monday GUARANTEED!
The biggest rally days since the March bottom have occurred on Mondays. Nine out of the last ten Monday’s have been up-days (that I have confirmed) and I am looking at un-confirmed data that 16 out of the previous 18 Monday’s were winners.
It gets wilder. I don’t have time to confirm all of the following (blame TransworldDepravity if any of it turns out to be inaccurate ;), but here it is anyway…
Since the March 9th, the Dow has had 30 “up” Mondays (or Tuesdays after a Monday holiday) out of a possible 43. That’s equal to 70 percent. And 16 of the past 18 Mondays being “up” (I just mentioned) equals 89 percent. Then incredibly, 80 percent of all the point-gains since March 9th came on those 30 Monday up-days.
Read that last line again. It’s truly amazing; the stuff conspiracy theories thrive upon;
It must be wrong; I better go check this out and report back
Add this to Mole’s point yesterday about the ISEE and I’m going to speculate the obvious:
Monday we’ll see a strong tape, we’ll see the ISEE hit a 240 trigger and Stupid Lucky here will bank sick profits and call it a day. The fact that the growth is surging today and the majors are quiet is a big factor, on top of the Monday data, since this is the type of tape I’m used to seeing a day ahead of a big, capping rally.
harry
bill
Do you eat with that potty mouth?
poor PTG,
you are screwed my friend. btw,
don't you know that Ian's MasterCycle does not work?
I can't believe you follow him. Ian has a terrible forecassting record.
goodluck PTG.
....CAUSE YOU'RE GOING TO NEED IT THIS WEEK!
hehe
humble1
Leave ptg alone Humble1. Losing all that money being short is punishment enough for the guy.
If he wants to follow gurus like Ian--the Mahendra of cycles or FlashFusion--the King of ambiguity, that's his own personal choice. Personally following these people leads to financial peril.
Mortie
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