195 replies to this topic

[da_cheif]

Pc ratio 113%...lol....vix boys saying da vix is goin downtown...vix pc ratio 1000%....snort

[da_cheif]

Fridays slop was a typicall friday cooling off......ie. send everybody home for the weekend unsure...3 days of fear for the price of one......lol......this activity may continue into weird wollie wed as the boys prepare themselves for another great payday.....

[da_cheif]

This weekends barrons has Rogers on the cover foaming at the mouth over commodoties. This Weekend we also have all commodoties limites removed......geeziz....http://www.nymex.com/press_releas.aspx?id=pr20060602a on the stock market front fridays PC ratios thru the roof and the last report show odd lotter shorting the heads off while the specialist short sales asa percentag of sales at a record low of 14%

[da_cheif]

an oversold condition rite into weird wollie wed so far has provided da boyz with another opportunity for a great payday.......investors intelligence show just how much power a decline has over the sensibilities of market observers........as Ney allways sed...."Its not selling that causes falling prices.....its the falling prices that cause the selling.' US Market Timing Advisors Sentiment 7 June 2006 Overview The % of bulls fell for the third week, now down to 40.2%, from 42.6% last week. This is fewest bulls since late August 2004, when they totalled just 39.6%. This is a very positive reading for stocks, well below the 45% that is usually low enough for a positive reaction. The bulls are down from their recent peak of 53.2% shown eight weeks ago. . The bears rose to 31.5%, from 29.8% a week ago. This is the highest reading since 10-March 2006, when we counted 33.0%. The formerly bullish advisors are now getting bearish and that is a positive. Those calling for a correction were up to 28.3%. This is still a high reading for this group and reflects the fact that many of the previous bulls have moved here instead of to the bearish camp. This group is short term bearish, but view pullbacks as buying opportunities, and long term expect the market to go up. A complete table of the Advisory Sentiment appears on the final hotline page. During a rising market we consider 45% as “normal” for the bulls and 35% for the bears. The bulls were below that level for three week in early March, prior to two weeks ago. Historically, bulls are 55%-60% when indexes achieve record highs, and those extreme levels of optimism often prove negative. They reflect fully invested positions. High levels of bearishness are usually positive because they most often occur after a major market decline, and reflect that there is plenty of cash on the sidelines. The last time that occurred was October 2002, when bears were almost 15% above the bulls [DJIA 7500]. During the range bound market over the last few years, short term opportunities have been indicated after the spread between the bulls and bears contracted to 15% or lower, and then expanded. A wide difference around 40% has proved negative. The difference between the bulls and bears narrowed sharply to 8.7%, from 12.5% last week and 16.2% the week before. It may contract further, but readings around this level have proved to be opportune times to take long positions.

[da_cheif]

10 day clx now vulnerable till fridays expiration.....1212 seems max risk if 1245 goes by more than a nano tic or 2......3 gap play may be in place on thursdays opening.......a C wave to 1212 would be ideal for the big picture......the uglier the decline the more powerful the resulting advance.......nikei is reactiing off its 75% retrace and natural support is near 14218...the dow is approaching its 200 day ma at 10870.......the brass ring of inventory under that level is a very juicy plum. 10870 is also the exact 78.6 retrace off the 2006 low of jan 20 of 10661.15.....sooo 10870 is another line in the sand for the short term...... a decline to 1212 will no doubt see AAII and Investors intell sentiment numbers get into very extreme benchmark condition.

[da_cheif]

AAII members are: (as of 6/7/2006) Bullish: 26.23% Neutral: 28.69% Bearish: 45.08%

[da_cheif]

Uglier the better...it was ugly.....400 on the arms index.....and so far the closing low occurs on weird wollie wed...........thurs low appears to have completed a clearly defined abc correction in the dow off the recent bull market hi...........all this of course with 15 minits to go with the dow up only 10 bux.......but nearly 200 pts off the days low.....the boys indeed may have prepared themselves for another great payday......

[da_cheif]

fridays lack of follow thru to thurs apparent reversal sent the 10 day clx south.....bad offsets wont bottom till fridays expiration. the 30 day clx wont bottom till june 22.....it could be ugly......the uglier the better........wanna hear "bear market" and lottsa "crash" ********.....hopefully it will be ugly enuff to get the entire top ten of timer digest off their bull signals and get Investors Intel into better condition. The 4 year cycle low may be forming rite now.......it will take a big up day with a positive clx to break the back of this decline......

[da_cheif]

odd lot shorts at record highs
http://sentimentrade...es/image004.gif

[da_cheif]

gettin there ...10 day arms ata astronomical 150....... ......june 16th the 10 da clx and june 22 the 30 day ma of the clx are scheduled to bottom......till then 1212 in the sept s n p seems to be an ideal initial target for the current assault on investors sensibilities ....on the potential positive side for tuesday the nasdaqs new low on monday was on nearly 40% less volume.....and rarely do the boys put 2 days back to back in the same direction during the week of expiration......an up tues....followed by another failure can do just as much to improve sentiment as any straight down smash......the set up for the coming blastoff is under way big time.......the inventories needed to supply the demand that will occur when the dow makes historic highs is now being shaken from the trees and the boys are busy gathering the fruit..........today saw George Soros on CNBS shootin off his mouth about how bad things are for the US.....Sharply falling prices along with the likes of CNBC bringing on big name bears is typical during the process of shaking the tree....I wouldnt be surprise to see gurus we've seen before near important bottoms on CNBC trucked out to spout their crash talk........Prechter, Eliades and Crawford for some reason are on the list that CNBC interviews near bottoms of importance.

Our focus on June 22 has a following.. Gerald Hoops of Hoops loops fame has his analysis which focuses on june 21 +/- a day....

This from Crystal ball poster Bob Olliffe
http://www2.eboard.c...oops_060906.gif
The x-axis position of the 6/8 and 6/9 points of the current data plot (in white), along with the resulting slope, are similar to the beginning of the orange and red plots, which led to the 5/7/02 and 9/21/01 bottoms, respectively. That would put the expected low of this decline around 6/21 +/-.

.....( http://www.safehaven...rticle-1602.htm )