Can anyone please show me a bearish chart ?

It's not required. All charts are bearish (excpet the SDS, QID....) On the otherhand, to create bullish charts, ya gotta burn the midnight oil, look for obscure patterns, loose your sleep and torture the indicators into bullish submission. Been there, done that and laugh at it, whenever i remember them. Let the price show the way. Yes following the trend has a price. When the trend turns, you get caught. But only once, my dear. Betting against it, you get caught day in, day out. Now there ain't shame in getting stopped out. See ya folks......zzzzz. P.S - Either i am stopped by the time market opens or i will wake up to a giant sucking sound of a gap-down !. If SPX opens below 952, that would be jump-the-creek, which would target SPX 930 as early as tommorow. Any move above today's high and i am wrong and will press the eject button.

It's not required. All charts are bearish (excpet the SDS, QID....)

On the otherhand, to create bullish charts, ya gotta burn the midnight oil, look for obscure patterns, loose your sleep and torture the indicators into bullish submission. Been there, done that and laugh at it, whenever i remember them. Let the price show the way. Yes following the trend has a price. When the trend turns, you get caught. But only once, my dear. Betting against it, you get caught day in, day out. Now there ain't shame in getting stopped out. See ya folks......zzzzz.

P.S - Either i am stopped by the time market opens or i will wake up to a giant sucking sound of a gap-down !. If SPX opens below 952, that would be jump-the-creek, which would target SPX 930 as early as tommorow. Any move above today's high and i am wrong and will press the eject button.

Whoa, no wonder you have been playing the short side! Dude, the market is now two hundred point below your numbers.

It's not required. All charts are bearish (excpet the SDS, QID....)

On the otherhand, to create bullish charts, ya gotta burn the midnight oil, look for obscure patterns, loose your sleep and torture the indicators into bullish submission. Been there, done that and laugh at it, whenever i remember them. Let the price show the way. Yes following the trend has a price. When the trend turns, you get caught. But only once, my dear. Betting against it, you get caught day in, day out. Now there ain't shame in getting stopped out. See ya folks......zzzzz.

P.S - Either i am stopped by the time market opens or i will wake up to a giant sucking sound of a gap-down !. If SPX opens below 952, that would be jump-the-creek, which would target SPX 930 as early as tommorow. Any move above today's high and i am wrong and will press the eject button.

i made one of my setup lists on stockcharts public... peruse it... u may find some bullish charts there... My Public List

nav..that statement is worth its weight in gold....go with the trend your wrong once...go against your right once!!!!

great point about the trend: it's UP! thanks for rantin', you guys. you saved me the trouble. maybe i can help out after some cowboy java in a while. p.s. never seen anything more elegant than that root2 retest low!

humble...its blatanly obvious that there is more hope and optimism regarding the public playing the double bottom test then there is fear of a november low break down look at the double bottom in march of 2008....the put call was at 1.31!!!! there was fear of the breakdown and they got burned now we are looking at a double bottom test from the november lows and instead of fear there is optimism as exihbited today by the equity put call of .67 dont make this harder than it is

Edited by iron cross, 26 February 2009 - 02:02 AM.

go back and see what schaeffer was saying at nas 5000. he was rantin' bullish on CNBS based on his sent stuff. i wish i had tapes of some of these things! it will take weeks, maybe months, maybe years to balance out the long string of bear/bull ratio's we have seen at aaii, e.g. now here's another sent indicator: if the pub is so bullish, how can there be $9 trillion in mmf's paying nada? (help! i'm startin' to snort and paw and had no coffee yet, LOL.)

Edited by humble1, 26 February 2009 - 02:42 AM.

go back and see what schaeffer was saying at nas 5000. he was rantin' bullish on CNBS based on his sent stuff. i wish i had tapes of some of these things!

it will take weeks, maybe months, maybe years to balance out the long string of bear/bull ratio's we have seen at aaii, e.g. now here's another sent indicator:

if the pub is so bullish, how can there be $9 trillion in mmf's paying nada?



(help! i'm startin' to snort and paw and had no coffee yet, LOL.)

what does shaffer have to do with the price of tea in china...WHO IS JOHN GAULT?????/?


CHECK OUT THE BOTTOM OF 03 AND LOOK AT MARKET VANE...IT WAS BURRIED FOR A YEAR BEFORE WE STARTED GOING UP...POLLS DONT WORK!!!!THEY ARE OPINIONS NOT REALLY MONEY

CHECK OUT RYDEX THOSE GUYS ARE BULLISH RIGHT NOW...MORE SO THAN BEARISH....SO YOU HAVE THE OPTION GUYS BULLISH AND THE RYDEX GUYS BULLISH...THATS REAL MONEY AND ITS BETTING LONG

AND ITS THE WRONG MONEY

schaeffer is the big options expert. john gault was an ayn randian character, one of greenspan's favorites. the book, along with "atlas shrugged", was real popular at the 1974 and 1982 lows. p.s. a hunk of that rydex money is yours truly; "guilty as charged" your honor.

Edited by humble1, 26 February 2009 - 04:29 AM.

It's not required. All charts are bearish (excpet the SDS, QID....)

On the otherhand, to create bullish charts, ya gotta burn the midnight oil, look for obscure patterns, loose your sleep and torture the indicators into bullish submission. Been there, done that and laugh at it, whenever i remember them. Let the price show the way. Yes following the trend has a price. When the trend turns, you get caught. But only once, my dear. Betting against it, you get caught day in, day out. Now there ain't shame in getting stopped out. See ya folks......zzzzz.

P.S - Either i am stopped by the time market opens or i will wake up to a giant sucking sound of a gap-down !. If SPX opens below 952, that would be jump-the-creek, which would target SPX 930 as early as tommorow. Any move above today's high and i am wrong and will press the eject button.

A good post. Well done.