tag:blogger.com,1999:blog-6295816220567143055.post5137020510132454377..comments2023-10-19T03:15:44.159-07:00Comments on ***EW trends and charts, LLC********: Tuesday updatesMichael Eckerthttp://www.blogger.com/profile/04375800887149740795noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6295816220567143055.post-63057945014809877112010-03-02T17:41:08.129-08:002010-03-02T17:41:08.129-08:00Ha Ha Ha. Never mind. I don't mind if people...Ha Ha Ha. Never mind. I don't mind if people think I'm a nutter. Time will tell. In the shorter term, let's see if SPX can get above 1200.hatmanhttps://www.blogger.com/profile/08946816524710601294noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-78864129248065936312010-03-02T16:49:51.298-08:002010-03-02T16:49:51.298-08:00David, David, David. 2200 SPX? I'm biting my t...David, David, David. 2200 SPX? I'm biting my tongue and, having severely edited this comment will engage no further my friend.<br /><br />H****s. To the moon. Bring it. Hat tip to binve.hettygreenhttps://www.blogger.com/profile/02942359318618747424noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-44171240795021336212010-03-02T16:10:03.470-08:002010-03-02T16:10:03.470-08:00Hetty the fundamentals are just fine. Bull market...Hetty the fundamentals are just fine. Bull markets climb a wall of worry, and without worry the markets wouldn't be rising. The combination of low interest rates, a gently declining currency and ample liquidity is powerful bull market stuff. The size of the public debt is a distraction. Every bond auction refinances the debt at lower rates, and it's the cost of financing that's important, not the size of the debt.<br /><br />It's my belief that we have entered a very large ED that will rise in a sequence of overlapping threes until 2012/14. SPX should reach 2200 or higher. Only then will we get the real bear market which should last until 2018/22.<br /><br />VIX is way too high and is likely to gradually makes its way to a reading near 8.<br /><br />Just my view - don't want to hijack Michaels excellent work.hatmanhttps://www.blogger.com/profile/08946816524710601294noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-65157528001272487032010-03-02T14:38:24.990-08:002010-03-02T14:38:24.990-08:00David needs to pay attention to the market. Instea...David needs to pay attention to the market. Instead of a double top we may certainly get C=.618xA and that means SPX 1128, a perfect ending point for wave 5 of C of 2; works great with the charts here. Also 1130 is heavy duty resistance. <br /><br />Quite logical and possibly correct. Wave A was up in roughly 10 trade days, .618 of 10 comes out to late Thursday early Friday give or take. <br /><br />For the record wave B down to last Thursday's low was roughly .382 in both time and price of wave A up.perthxhttps://www.blogger.com/profile/15129157946973610882noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-49536411966374924902010-03-02T14:32:10.728-08:002010-03-02T14:32:10.728-08:00Stop molesting my friend in the top picture!!! GO ...Stop molesting my friend in the top picture!!! GO BULLS!!!binvehttps://www.blogger.com/profile/15038982877819367609noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-26972936980564087202010-03-02T14:07:37.949-08:002010-03-02T14:07:37.949-08:00Nice photo shop of bronze bully Mike. Too bad ther...Nice photo shop of bronze bully Mike. Too bad there wasn't some member of the animal kingdom representing short sellers, whose n*ts you could show in one of those Spanish Inquisition type vices. <br /><br />And David I'll give you credit, so far you are winning with your prediction but that must be "logic by chart" because given the fundamentals the logical route should lead to the bottom of the Mariana Trench.hettygreenhttps://www.blogger.com/profile/02942359318618747424noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-85168728699352591272010-03-02T13:36:15.818-08:002010-03-02T13:36:15.818-08:00Ah, I see you've now got the A, B in place for...Ah, I see you've now got the A, B in place for a large ABC from the correction low. Target is a double top or new high for SPX. This large sideways threes formation is either part of a larger ED or A, B of a triangle. Either way the patterns should eventually lead to new highs well above 1200. Best target date is May/June followed by a correction of 20% or more into late August. I am nether bull nor bear - just trying to ascertain the most logical route. Good analysis as always.hatmanhttps://www.blogger.com/profile/08946816524710601294noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-89207844103071729022010-03-02T13:33:34.051-08:002010-03-02T13:33:34.051-08:00col! what a great picture and caption!!col! what a great picture and caption!!adanhttps://www.blogger.com/profile/00710750989853277203noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-45049087512410377602010-03-02T11:49:53.750-08:002010-03-02T11:49:53.750-08:00Thank you for all your workThank you for all your workQuality Stockshttps://www.blogger.com/profile/03991003470403043295noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-16827489581744576702010-03-02T07:54:00.105-08:002010-03-02T07:54:00.105-08:00RUT going to 657 bank on itRUT going to 657 bank on itAlphahornhttps://www.blogger.com/profile/03265384202108598764noreply@blogger.com