NEW POST (and you're not going to like it)

Mole, can you play 1812 Overture when we get to 650?

ADX/WS tells me reversal is coming tomorrow. All charts telling me the same story.
http://greedangerignorance.blogspot.com/2009/03...

Make what you will of this chart re Gold/Black Gold ratio. The authors take is expect higher Gold prices, my take is bearish Gold.
http://tinyurl.com/dh58ta

I'm with you ... what the author does not consider is that the ratio could also close with the price of oil going up while gold comes down too because it is way overbought on a weekly and monthly basis.

Take a look at oil: http://blog.afraidtotrade.com/a-daily-look-at-c...

Yes I'm long DIG and short GLD in agreement with your line of thinking.

Right on! I got spooked and sold my ARD calls yesterday after the pete report came out ... had an 87% profit though so I don't feel too badly about that.

So far my profits were made last year, I have been missing the train so far this year as things have been very choppy and my stops are being constantly being triggered prior to the major trend moves. I guess that's the nature of a fifth wave. Better to wait for the next wave two retracement now IMO. Have been loading up on calls with a view to a multi month rally after the final down leg.

Gee I got to get futures account been trading on paper just by Moles charts made 6300 and 3125 in 2 days with 2 contracts trading emini

http://www.bloomberg.com/apps/news?pid=20601087...

Berkshire loses Fitch AAA

"Perhaps we will have a continuation of Monday's buying, but yesterday afternoon's tape action was horrible, with so little follow-through that I'm inclined to believe that, unless the major indices can put together several strong days and close above the 20-day moving average at SPX 749, this rally has already failed." by Technical Analyst Sam Collins...

this guy already is proclaming Bull Market, geez ! I'm thinking the more bullish the harder we fall

RCL could be a good short. They're just putting some finishing touches on THE BIGGEST CRUISE SHIPS IN THE WORLD, EVER, and their balance sheet is loaded up with debt. A lot of the vol finally collapsed out of some of the longer dated puts today, too.

Here's something that's "bothering" me about our Overlord, aka Mole here at Evil Speculator.

Now, Mole clearly is a very talented literary and highly skilled trader. Actually, if you step back and view the blog with macro lens, you'll surmise the blog/Mole is a richly living character that teaches and yes, also entertains us M-F. However, Mole is also a figure of our imagination. I personally think of Mole as looking like Brad Pitt with Rosie O'Donnel thighs and a white fluffy tail (maybe it's the German thing. LOL). My point is (and I'm not trying to "over-salt") Mole deserves our respect and great gratitude for all he has done to create such a cool community. I personally have learned a ton! since coming here (though that's not saying much, I still believe the country may not fall into a Depression.)

That being said, today we had a visit by an accomplished economic author that I somehow recognized her screen-name and remembered reading her article after seeing her on Bill Maher. Cool! Awesome! Right? My answer....maybe.

If Mole / Evil Speculator has reached such highly regarded stature around the world (yes, world. How cool is that! Moley baby!), that would mean he is also a target and we, us, will also feel the wrath of our popular creator.

Look, I don't go over the xtrends not because Atilla and that dude Sol aren't accomplished traders. (Clearly their richly deserved profits speak for themselves) I don't go over there because they have a fucking target on their back (among other things but mostly my original premise). I imagine Tim Knight also is a target but he is smartly, very hard to fade because he is appropriately hedged aside from his E-Mini trades (I also very infrequently go over there. Those guys are a smart eclectic crew and I just never really struck a chord with the regulars. I like to banter - mix things up....tell a joke or two.)

My point is, has Mole become another target to fade? When we post our buys & sell, stops, price targets, are we exposing ourselves to possible MM manipulation. I'm not naive enough to think they can 'move' the market all the time but at some times, on slower, choppy days, its almost like they're watching what we do, having some impact on not only our psyche (though it should be little if nothing at all - Not me though, I'm dead inside) our positions, but also on our indicators (though I personally have never made a successful trade off a MACD or Stochastics or MA Cross Over..yada yada yada).

I think this can only be possible by screwing with the futures but could be wrong about it, not to mention this whole crap.
And I'm not talking about the PPT.

I'd be very interested in hearing your opinion(s).

Did i miss something? who is this accomplished author??

Maybe they are and maybe they aren't. But if Mole's trades were being faded, he wouldn't be profitable. Even those on xtrends who do post their trades (rather unhedged) still make (lots of!)money. If you were on the opposite side of those trades you'd be hurting. I think we are just too small to care about. I know I am.

Cheers to you BB, for the "spirit" of your comment. I'm not sure if anyone is fading Mole, but this blog is mentioned in many sophisticated blogs in the sphere. I think it will be a matter of time before Mole has to get a bigger server to handle all the hits and clicks!

Don't forget to click!

There are different kinds of traders but rest assured the really, really accomplished ones, the cream of the crop, they get up and head into Wall street M-F and they are employed by big firms that pay them big bonuses (still). They are not sitting by reading blogs all day. I think Mole and TK are the best of the bloggers but they are small fish in a big pond. Anyone who really reads the Atilla blog will see he is a perma-bear and bound to lose a bundle (may be doing so right now). If you go back and read his historical posts you will see how often is simply wrong. You think he is a great trader because that's what people say at his blog. If anyone says different their posts are deleted an they are banned.

The bottom line is that we all trade based on what the 'whales' do I can assure you that they are not sitting around reading all tehse blogs.

With all due respect, solo, many of the "accomplished ones" you speak of have bitten the dust after blowing up their client's accounts. I speak from experience. Perhaps if they'd start slumming around these blogs they'd learn a thing or two or three......

How big is the stick that's up your ass? Were you banned from xTrends... because jesus christ you mention them in every post you make.

Sol's trading record speaks for itself and I've seen screen shots of his portfolio.

I think the " us " is about 3% of the market and by us i mean every retail trader that has a position on a daily basis. Could be wrong but i think the market is bigger than the idea that the market makers reads three or four blogs a day and says my job today is to kick their ass.

First up, let me assure you that I am but a small candle among an ocean of bright successful traders. My silly little blog is far from able to make an imprint in the daily gyrations of the tape. Also, you might have noticed that I rarely post actual trades - it's perhaps 5% of what I provide here. What I do provide is up-to-date market analysis and that cannot be faded, in particular as I mainly focus on the Minor wave degree, which is the level I mostly trade on. Further, just look at the wave pattern of the past 15 months or so. If Bernanke & Co. and their endless amount of resources (and bailout attempts) weren't able to prevent this perfect downward motive wave from transpiring, do you really think a small player like me has any influence on how the medium to large degree wave count unfolds? I didn't think so...

But what you are saying is another reason why I do not daytrade - and when i do I rarely talk about i. That ES trade I sent to my subscribers was a very rare case and only a small handful of folks even saw it. So, I think we're safe there. Similar concerns have also been brought up in context with the Zero indicator - and again I need to point out that the Zero is not a 'traditional' indicator - it is rather an oscillator that uniquely reflects the flow of the current market sentiment - it does not attempt to interpret - it only shows what it sees. You cannot cheat that - you might be able to whipsaw it here and there - yes, but at some point the market is going to make a move, and when it does the Zero will show it.

Hope this makes sense. BTW, who the heck were you talking about? ;-)

from http://evilspeculator.com/?p=5146#disqus_thread

BalaB:
Are you this Donna Kline?
http://www.amazon.com/Fundamentals-Futures-Mark...

dkpa:
That's me.

'BTW, who the heck were you talking about? " For instance, I know of two large and in-charge traders (self financed - who are part of a select group of same) that rake in serious cash (enough to make Tim Knight blush). On any one trade, they could go in heavy enough that I can see them having a recognizable effect on a given market.

I know if I was in a position to have such an edge, I would be monitoring short term trading sites rather frequently to find 'trade ideas'. Given that a fair share of the blogs' participants are newish to the game, I can see how one would be tempted to 'search and destroy' the less than seasoned, perhaps emotionally undisciplined traders.

Also, No, I do not think that ES, SOH, xtrends, etc. have enough coin to have any affect on a broader than a quick time frame market. But just as we "think" we know about 'bulltards' and consequently make jokes, I have no doubt they think the very same of us.

Last thing: I've seen more than a few times "the boys at xtrends" mentioned in CalculatedRisk, BigPicture, MISH, etc. in an antagonistic manner with in the comment sections during pivotal price movements in accordance with heavy news flows. It is my experience, some of the visitors there are extremely accomplished well funded market participants.

p.s. Mole's trades (other than weak Zero signal trades) per se aren't the one's I have reservations about being messed with. Rather its Erikds, BigHouse, T.Waffall, and everyone that follows them. (ex: FAS, XLF, SKF, ES, NQ)

TK is short term bearish. According to his latest video he will cover his shorts at 730 and go long til 795. hmmmm.

Yeah. I posted this on yonder SOH, figure I'll throw it up here too -- I've added in his projections as a possible path for minor 4: http://screencast.com/t/DKZmuQ6s

This wave count, mostly thanks to Herr Mole, has made my account increase 50% in two weeks, so I'm trying to stay on top of things. =D

Molecool,

first of all thanks for your hard work in this website. I follow daily. I realize you have had web server difficulties in the past but I wanted you to know that "refreshing" your website is extremely frustrating. Of course, I don't know why but I thought I would put a word out there to you that getting you intraday updates and the most current web page is a pain usually. Whatever you can do to make it easier for the reader to "refresh" you page during the day would be most helpful. Sincerely, Reginald

Here is the comments RSS feed. RSS feed for Mole's actual posts is toward the upper left of the screen. These load much faster and in chronological order. Sometimes the comments are hard to understand without context but usually you can figure out what people are saying. A lot less load on Mole's server too.

http://evilspeculator.disqus.com/comments.rss

My advice: follow the tutorial. Get Firefox (if you don't have it, you should anyways) and download the reloadevery add-on or whatever its called. It's in the zero tutorial. It reloads for you and is extremely easy.

ABX continues down. AAA is worth 0.25, A is worth 0.03. BB must be @ 0.008:

http://www.markit.com/information/products/cate...

I'm surprised I haven't seen this possibility offered.

http://content.screencast.com/users/texana44/fo...

Another way of drawing that is making it touch the high from 1/6 and having the 1/28 overthrowing it. When you draw it like that we are right up against resistance.

Mole is right about it being a very weak wedge IMO, if we break out of the bear channel the target would be up near the 200 day moving average. I believe we will make it there at some point this year, however I believe we have one more leg down first and that is how I'm positioned, suffice to say- I am grumpy as fuck right now because someone is going to be wrong and it's going to be extremely painful to be a bear or a bull in the next two weeks (as it was yesterday and today)

Thanks for the chart CC

thanks for the post C.C. Someone's grumpy.

Who's grumpy? You guys don't even understand what I was saying it seems.

Here's what I mean for you mentally challenged: http://screencast.com/t/Jctmqd8uQ

No, I do. He posted a chart/analysis on the blog for the readers to check out. Charts get posted all the time on this blog and criticism and analysis follows as part of the process.

Pointing out flaws is all you were doing, but the attitude being displayed in your criticism is what comes off as condescending. The 'mentally challenged' quip adds to it. That's all, doesn't mean you are wrong in your criticism, just the 'tude is a bit misplaced and unnecessary. There's plenty of clowns on the blog more deserving.

Why would anyone assume that this is a bullish wedge after two f....ing touches on the top? I mean I can draw lines all day. If we do get up there its, not because it's a wedge.

Agreed. I'd be more apt to attribute a rise to the V bottom formation, but we've had two previous V bottoms in the last 6 months that have failed miserably. This is not my bias, just an observation. If what we witnessed on those sell-off days previous to 666 really was institutional accumulation setting up a hefty base, then the V bottom might be successful this time, but if not, this buying might have nervous fingers behind it ready to sell at the first sign of another downturn. Interesting trading times we live in. LOL

NYSE UP/DOWN volume is off the charts. 30 to 1 Tuesday and 20 to 1 today. This could be significant or not.

http://www.screencast.com/t/WRskSd5ihMS

Thanks very much Ase. :-) What an amazing three days off of that bottom.

If I could have a nickel for every time I've said that.

A little fucking testy eh? Scuse me Mole, I'm sorry I offered an OPINION. I didn't know you had cornered the market with all the answers. It's a possibility OK? I'm long to at least 800.

http://stockcharts.com/def/servlet/SC.pnf?c=$SPX,P

I wasn't criticizing you posting an opinion, pal. I was pointing out that your TA is faulty - there's a difference. I would never base my trading on a triangle that has three touches.

BTW, just for the record, my analysis hasn't been so bad lately, has it? Doesn't mean I'm infallible - I constantly question myself. But I do base alternate scenarios on sound TA principles.

Again, here's what I mean: http://screencast.com/t/Jctmqd8uQ

If you're going to perpetually whine about the lack of contributions here, you may want to chill on making people feel stupid for their efforts.

Congrats on your longs CC- I think I remember when you posted you were going long.

Note: Wave 4 should not move beyond the lows of wave 1: http://tinyurl.com/b76eyb

I'm not an EW expert, but I'm counting a 5 wave looks to be impulsive advance off of 665.x

Would this not invalidate this as a corrective wave 4? My informal count had the major wave 4 corrective terminating in early Jan, which should have begun another 5 wave impulsive move downward. We should be in the 4th wave of this; the pattern seems fairly clean.

Other EWers have us having terminated 5 at 666, this POV would seem to be corroborated by the wave structure we've seen thus far? I'm not saying that's my position, it just seems to fit the facts. I have a lot of trouble believing in any kind of advance given the structural defects in the economy at present.

Can you post a notated/labeled 16month chart of how that looks?

I often read about both the early JAN "4" with the drop since being "5" - and also - that the "5" count just terminating putting the indexies burning rubber waaaaay north on a big "2"
http://tinyurl.com/c476lx
(Forgive me. I'm a EWT noob, myself. Haven't cultivated the respect to learn the lingo just yet. It's on my honey-do.)
;-)

And I'm right there with you about the structuraly defective economy.
Hopium goes a long way, but...
Juno?

"I'm not an EW expert, but I'm counting a 5 wave looks to be impulsive advance off of 665.x "

Didn't I talk about just that in my posting? Did you read it?

which posting? The one, supra?

BTW, I was responding to FGS

Nice chart -- It's always good to take a step back everyone once in a while and see where we've been. +1.

I'm into SPY puts with you -- picked up some APR70s right at the close.

Hi-5!
Praise God & pass the ammunition.
The enemy is smoking Hopium.

nice chart - load the boat with puts at 775-800 SPX...

Bingo.
That is definitely the plan.
If the mkt can just keep dropping and dropping and dropping to the point of being ridiculous, then there's no reason that it can't do that in reverse.
Right?
Lettuce say that the above mentioned (unholy) big wave "2" has indeed already begun (I'm not advocating it, mind you. As our fabulous host routinely reminds us : Don't marry any positions), and this run keeps right on truckin' past SPX 800 into the netherland.
TK is gunnin' ferr 805, right?
Well...
That's already a violation of wave 4 rules, but... who's gonna cry me a river?
Nobody, I suspect.
So I'm comfy with my two-big-toe dip in puts here, but I'll wait till a decent "B" wave concludes and a nice "C" is painted to load the boats with APR puts.

YEEEEEEEEEEE!!!!!!! HAAAWWWWWWWWWWWWW!!!!!!

Another smoking short for you
APOL - http://screencast.com/t/FUEoCTDq

Modification of "Trav's graph from the Mole's previous post, "Perfect" : http://tinyurl.com/csl5c4

Trav, I liked the foundation your chart provided enough to tinker with the settings.
By creating a $SPX:$CPC(E) ratio the movement corrolations become more pronounced and with it overlaying the $SPX chart we can all really see the history that this fat bastard is about to roll over, even if for a "A" to "B" of "4" on the way up to "C" of "4".
And I went with $CPCE rather than $CPC, different strokes for different blah blah blah.

Bought SPY MAR $73 puts for $0.96 ea. near close : http://tinyurl.com/d6wfa6
FRI oughtta have some profit taking just on general principle.

maybe you like this one too...
http://stockcharts.com/h-sc/ui?s=$NYAD:$CPC&p=D...

Both of these suggest sharp decline imminent unless they are going to be wrong for the first time in years. I have not seen $CPC or CPCE (which I also look at) this bullish...period. The ISEE print the other day was utterly insane, a true eye-popper. I like CPC better than -E because I've traded off of extremes on its put/call imbalance, especially on the put side. Another reversal metric I use is RSI>70 on SKF. Don't laugh, but this has been almost dead-on balls accurate in predicting sharp reversals in financials.

I do like that chart.
Gotta monkey with it, ya know (heh-heh!) ;-)
(Can't help it. It's in my genes!)
http://tinyurl.com/anxd9r

Oh, yeah.
Mkts gonna bite it.
Maybe for a weekend profit taking, but the expiration date on this three-day run was today, I think.
Maybe a cute little pop at open... whassup with teh $USD? Anything gonna make us look bad at open? Knock the $USD down, the $EURo up?
Fade any spike up.

SKF gapping down a$$ has has kicked my a$$ too many times.
I can barely discuss SKF without nearly barfing.
B!tch ETF.

I'll take a look.
Thanks.

Fuzz

I like the chart and interpretation too, but March 73 Puts this late in the game? You got some fuzzy grey cajones.

YAYAYAAYAYYAYAYAYAYAYAYAAEAEAEAEAEAEAE!!!!!!
F*CKIN' MADMAN ALERT!!!!!
F*CKIN' MADMAN ALERT!!!!!
F*CKIN' MADMAN ALERT!!!!!

L!
O!
L!


Yep.

I've got zeeeerolla commitment issues.
If yerr gonna work - Work, d@mmit!
If yerr gonna sleep - Sleep!
If yerr gonna play - Play!
Screw - Screw!
If you think the market's gonna go down - then, d@mmit, play that effer down!
Mazeltofff!!!!!!!!!!!!!!!!

;-)


Besides, I ain't bettin the farm on no pu$$y wave "4" up this close to OEX.
I'm mad, not stupid.
Just some d!ckin' around money.
At the top of what should be "4" headed to "5" I'll probably be half in gunnin' to double my account.
(God willin' & the creek don't rise.)

If you're long MA, take a look at this chart. I don't have any position in MA right now.

http://content.screencast.com/users/Oxyinvestor...

Yup - which is why I took profits at the close :-)

Yo Oxy....Comments were jacked before so I'm not sure if you got my follow up.
When you're done with your study, be sure to post a link. I'd like to see
the results.

I'm posting this weekend on that one.

do you guys think the lack of selling on SPY had to do with shorts covering, or is this just gonna keep heading up?

position-wise, I'm tempted to buy a March strangle EOD tomorrow since TK is calling for 40 more points up and everyone else is calling 600 lol. Would it be better to buy it on Monday? (2 more days of theta burn, but risk missing a gap up/down)

First off thanks for all your work mole
I made bank today...wish I could take you to dinner tonight
Best hits were SPY and GE calls which I unloaded the GE calls and most of my SPY calls
I added a few AZO March 160 puts...we'll see how that goes
See that big margarita I am sucking on in the pic.
Headed straight there
Oh btw I saw on Fast Money this evening that Guy Adomie (probably spelled wrong) called for 900 on the SPX...I agree but what do we have between there and here...

Just read this on TK sight "OK, Mr. can't-make-up-his-mind has sold his 10 es long for a small profit, is short again, and is BUYING SRS at the "cheap" price at the end of the day."

Great he is now following me on SRS.

Run for the hills :-)

SRS? Nice trade - on the 9th!! :-)

771 would be the 50% fib and 796 would be the 61.8% fib. retracement of minor 3. for SPX. I still think its a possibility that we haven't seen (b) of minor 4 yet.

Here's what seems to be a pretty nice lay out of what's been taking place, can't remember who I stole this graph from, but if you happen to visit this site and see your graph, nice work,

anyway it shows both a bearish wedge being formed and an EW count for this wave that shows two more moves, one down to about 736 and a final move to 760, then a breach out the bottom

http://4.bp.blogspot.com/_N_BS-1Z6enI/Sbl2vStn8...

alphahorn

Great graph.... Very encouraging especially to those rats who are still holding shorts.

Potential Short - DECK

http://www.screencast.com/t/cQQZ0rZp

One of the most iconic buildings in the world will soon have a new name. Sears Tower, at one point the tallest skyscraper on earth, will be known as Willis Tower starting this summer.

Whatcha' talkin' 'bout?

"what you talkin about Willis?"

Mole, lurker here. Timmay thinks we're goin' up to 800. I want to scale into shorts but I'm not sure where to start.......770 or 800

BTW, love your charts and analysis, been reading you loyally for a few months. Really helps my trading!

Both... that's the nature of scaling in. Start small, and increase your position. For example, if you wanted to short at 3 spots, you'd go 1/5 short at 770, 2/5 at 800, and the rest at the next level you determine. Although I don't know why you'd wait til 800 to start scaling in, when most people are calling for a top below it, at least short term.

Errr, I guess you're right! I suppose I'm trying to squeeze out all the long side profit because I got my face ripped off last year several times while short for those Gov't short squeezes. I'll start my shorts around 770ish.


Thanks,

Mole, congrats on your exceptional charting - you are "balls-on" accurate.
If I had a choice in the matter, I would opt for your "Happy Camper" scenario.

Off topic but useful:

http://www.blackhatworld.com/blackhat-seo/adsen...

TRLG has retraced to resistance:

http://www.oxyinvestor.com/2009/03/nice-shorts....

Nice, I pretty much wrote this off after the huge drop. I see strong support at $0.00

+1,

$250 jeans are not looking good............and they openned up a bunch of thier own stores, I guess they like fixed cost.

A little break out of the xlf channel wont be the end of the world you could see 9.50 but i think it wall fall back in the channel like it did the last time.Last time in looks as it broke the channel at 12 and ran to 12.50 and back to 7.50

Closed my longs today for some sweet profits, and picked up a few short positions right at the end of the day -- some FAZ, a few SPY puts, and some short ERTS. Might be a little early -- I'll dump the puts and FAZ if we keep pushing up and reload when we figure out which way this is actually going to go.

Here is my SPY update.

Inverted H&S pattern is getting more of a reality. SPY might just go straight up to 79.69 as I don't see any resistance in between....

http://content.screencast.com/users/Fuji-san/fo...

Hey! check out my recommendation from yesterday to buy OMAG. Up 87% today.

https://twitter.com/BostonWealthMan

Oh yeah, getting my ass kicked on SPY puts

I lost a lot today but for me its all paper loss.

http://www.screencast.com/users/Twat_Waffle/fol...

http://www.screencast.com/users/Twat_Waffle/fol...

Still short and will stay short.

IMO, trading is like asking a girl whom you like, out for the first time. You can't be 100% certain she's gonna say yes.



Although, I'm still working on an analogy for when you figure out she's a he.

you don't trade w/ real money?

he said paper loss - it's not real till you cover....

"it's not real till you cover...."

I think this is what Peter Schiff is telling his clients right now ...

LMAO!

Of course I trade with real money,

Wait a minute - are you guys tellingl me that $100,000 paper trade account TOS gave me is not real money????

hahahahahhahaahahahahhahahaahaahahaahahahahahahhaha

Stop it now I know you had a great day today now go and check if you received my Zero sub payment or not and grant me an access. I am your honest follower now.

Cheers!! molecool

Mole do you think that Wave 4 is complete now or did we complete just the A portion of it. (I realize that we still may not be finished rising yet, but assuming we are)

Isn't SPX uptrend clear 5 waves so far? if so, it might be just a of abc corrective wave?
btw, congrats to mastercard!

Congrats Mole you've ridden this wave to perfection, now let's catch your blue line and ride wave 5 to 600 or below!!!!

Meh - just luck - we are all right until we're wrong ;-)

Just thought I would add if Wave 4 (5) retraces more than 50% of Wave 3 (5) then the odds increase quite a bit that Wave 5 (5) will truncate meaning 667 was the low for Primary 1. Keep in mind 5 (5) will occur but it will not go below the 667 level as it will probably end near 700 if I had to guess at this point.

This is very helpful. Thanks.

So by my quick calculation that means that 771 is the magic 50% mark. Thanks for the info.

Short candidate: HOTT
Big A/D divergence over this month and it is even being sold into this face melting rally.

Mole - what do you think of the up volume in the last 2 hr. Before this Fox was writing this rally off.

EOD volume? LOL :-)

Well the zero kept me from backing up the truck, which was critical today. It is becoming more important to me for entry points. Now if I could just learn to maximize it for exits. I am having more fun than I expected.

Very very cool - really glad you guys are making use of it.

put/call ratios are insanely bullish...in 2 years they haven't been this bullish. Are all the retail buyers going to be right this time?

Looks like your stuck with this noob rat. LOL

Another nice short setup on GS..Stop is at $107.40.

http://tinyurl.com/bonqak

Did you let your stop take you out of the S&P (don't know how you play it, SPY or ES, or options)?

What's the most likely count now, I know you said if 740 is taken out, then the chart you posted is no longer the most probable.

Hi Susannah,

I mostly trade just the SPY, and I was stopped out of some of my position today. I was seeing that the "B" wave had already ended. However, the count is still correct, only the timing was wrong. I will be heavily short again on the next signal. We are getting really close here. I'll post this chart the very second it signals..

I have my Hindenburg crash picture all ready to go. :-)

http://tinyurl.com/cu224x

ZigZag,
What technique are you using to get your density charts ? I've never seen this stuff before !
Seems to work quite nicely too. Given your EW labels in there, is it something related to EWP ?
Does TOS have it ?

Sorry if I'm being ignorant and thanks in advance.

T-dub

Hi T-dub,

The density charts are created in software from elliottican.com. I'm a stochastic junky and it's been a good tool for me to confirm turning points. I think elliottician is no longer selling this retail. They went to a subscription model a few months back. Most likely a marketing scheme if you ask me.

hi Zig today was ouch, I did have a long position too, but my short position is it pain, do you see on your chart for FAZ and SRS and SPX that still by next Friday we should go back to 650?
thank you for your charts

Hi Maya,

I have no signal on FAZ or SRS yet. SPX is getting close here and the end of this "B" wave could start by tomorrow. I still think next week we will witness a crash day..

http://tinyurl.com/cu224x

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I was kind of hoping it would be in the Puetz window lol, just so all the pieces would fit nicely in the puzzle :) Would have to be tomorrow, though, and I don't think that's likely.

We still have Martin Armstrong. :-) I think he has a crash starting on March 19th..

My longer term VIX chart is still saying up.
http://tinyurl.com/dl38jz

Thanks for the VIX chart - I think I'm going to buy some of the VIX ETFin my IRA, I think it goes up eventually, and it can sit there a while in that account without me getting antsy.

thank you so much , so you think 780 is our # or less I need to cut my longs?




________________________________

Hi Maya,

Hard to say right now, but I don't think we go that high..I'll know more tomorrow.

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ideeli is the first invite-only shopping community. We offer privileged access to not only sought-after products in fashion, home and beauty, but also to lifestyle experiences like fashion shows and sold-out concerts. Members get exclusive shopping privileges, including insider prices (up to 80% off) on products from top brands, exciting giveaways, and much more. You're in luck! Since your friend invited you, you can join now using this invitation link: http://response.ideeli.com/t?ctl=2BE9B7E:511C86...

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thank you so much, I am in the bit of a situation, I have March calls on FAZ did you sell yours?, I did average it down, do you have an idea where xlf or FAZ SPX can be by next Friday, thank you so much?




________________________________

Hi Maya,

I sold my FAZ a week ago and I bought back some FAZ March calls at the close on Friday. I bought back some SRS on Friday because I think SPG has begun it's C wave down http://tinyurl.com/cesq3n

I have no signal on SPX yet, but the Transports and BKX have signaled that a possible C wave has begun.
http://tinyurl.com/bkqjpd

I have no signal on XLF yet...This could change on Monday :-)

Gonna jump in around 99 or 100 this and fslr now can fall and follow the market together I think fslr could hit 137 and ride to sixty than

Mole you have been right on. Your'e in the groove. I added to my long term puts and hedged today with front month calls. A great day for me.

Anybody? LOL

what is the zero thing about ? Dont quite understand... do you have a page to look upon ? tks

Mole,

I send you an email about Zero subscription. Please advise.

Thanks,

Just fucking pay me and shut up.

(j/k)

Will read it and get back to you - how do I know it's you, btw?

I paid you,

Now look for T_waffle or Abhijit. That's me.

Don't go Medoff on me

You're good to go, Waffle. Thanks again for your subscription - hope you can leverage the Zero. Tip: if you are more short term oriented - follow the Zero Lite.

Thanks Molecool.

I will keep my hawk eyes on both. Cheers!!