10 replies to this topic

[OEXCHAOS]

Basically, there is none. L) ISEE took a big jump and that's a ST Sell. They're up in what I'd call "Sell territory" too. $-weighted index P/C's are way too low. We have a Fully Long/Fully Short Sell, too. Advisors are still Bulled up (NAAIM on Sell). Trend is STILL negative. This is a good time of year, but next week is seasonally weak. Now is not the time to throw caution to the wind.

[Rogerdodger]

I see TSP jumped from 41/50 (45%) last week to 59/31 (66%) this week.
It's still on a buy in their system, but that's quite a jump.
http://www.tsptalk.com/sentiment.html

They did hit a high of 75% at the November top (when AAII hit 70%). AAII hit 65% this week.

Edited by Rogerdodger, 03 December 2010 - 10:52 AM.

[SemiBizz]

Well, since the SOXX is leading this "rally"...

Here's a little indicator that is fairly reliable.

If you see a trend UP day like yesterday, closing at/near the highs.

The high isn't in yet.

Only when you see an intraday reversal does the SOXX top.

Of course it could be different this time...

[tozwp]

Seems the only bearsish sentiment is for the US peso. Yen, Euro, Canadian $, Australian $, Swissy - all screaming higher. Gold, copper, oil - all flying. Equities are considered safe too I guess. It will be intersting to see how all these commodities going up is spun as being not inflationary and good for equities and the economy.

[Rogerdodger]

Astute observation SEMI.

[SemiBizz]

Astute observation SEMI.

Always happy to share a few goodies from my tool box with my good friends Mark and RD...

[OEXCHAOS]

Nice Catch, Semi.

[Darris]

Yes, this was a nice bit of info. However, I was looking at the data that was shown on the chart posted which was April 26, 2010 (theee top) and I do not see how the software or this particular service could show a red candle stick, which it seems like it does. The close on the 25th was 400.42, the open on the 26th 400.38, High 404.7, low 399.82, close 400.81, so that means the close is higher than the open and the previous day. at stockcharts it shows a white bar. Just asking since it did not seem like it should show a red candle stick to me. no big deal, as it is still a nice doji to be aware of. thanks for any clarification.

[SemiBizz]

Here's another goodie from my tool box:

AAPL - NDX BREAKOUT IS FOR REAL INDICATOR

[orange]

Here's another goodie from my tool box:

AAPL - NDX BREAKOUT IS FOR REAL INDICATOR

Posted a couple weeks ago. The last time the slope of the 10 day ema reached such extremes, it took 6 months to build a new high. Both trend lines on apple have been broken, and now it is in a range. It also failed to continue up after touching it's BB, which signals weakness at that area. I have no bets on this in either direction, but I think AAPL will fail to make a new high here in the short term.

http://stockcharts.c...1000&r=7801.png

Edited by orange, 03 December 2010 - 02:08 PM.