Right On Time

There's the decline. Will it last past Monday?

http://www.TimingPointProjector.com

Honestly? I'm thinking we get an inversion next week, but we'll get some clues over the weekend.

Mark

We'll need to see what the breadth is today..... Here are the bearish internal numbers Market up 2%+ A/D < 65% bearish Market up 1% A/D < 53% bearish Market even A/D < 43% bearish Market down 1% A/D < 33% bearish Market down 2% A/D < 17% bearish Currently the breadth of the market so far is terrible. What these numbers tell us that brokerages are trying to prop up the market by dumping money into the big caps to try and prop the market. Internals so far could meet these numbers. Currently the market is down 1% AND A/D is less than 33%... Barry

So, Mark, the bet will be one way or the other - No Mr. In-between?

So, Mark, the bet will be one way or the other - No Mr. In-between?

I have little confidence either way out more than a few days. At least at this point. I will say that there's risk in this market right now and it is going to take some sideways or down to lessen it, I think.

Mark

We'll need to see what the breadth is today..... Here are the bearish internal numbers

Market up 2%+ A/D < 65% bearish
Market up 1% A/D < 53% bearish
Market even A/D < 43% bearish
Market down 1% A/D < 33% bearish
Market down 2% A/D < 17% bearish

Currently the breadth of the market so far is terrible. What these numbers tell us that brokerages are trying to prop up the market by dumping money into the big caps to try and prop the market. Internals so far could meet these numbers. Currently the market is down 1% AND A/D is less than 33%...

Barry

qqqqtrdr

I have been keeping track of the advance and decline data using yahoo finance and stockcharts but they do not divide it up into fractions that are up/down 1% or 3% etc, they just provide totals. Was wondering what source or site you obtain these data from? thx

We'll need to see what the breadth is today..... Here are the bearish internal numbers

Market up 2%+ A/D < 65% bearish
Market up 1% A/D < 53% bearish
Market even A/D < 43% bearish
Market down 1% A/D < 33% bearish
Market down 2% A/D < 17% bearish

Currently the breadth of the market so far is terrible. What these numbers tell us that brokerages are trying to prop up the market by dumping money into the big caps to try and prop the market. Internals so far could meet these numbers. Currently the market is down 1% AND A/D is less than 33%...

Barry

qqqqtrdr

I have been keeping track of the advance and decline data using yahoo finance and stockcharts but they do not divide it up into fractions that are up/down 1% or 3% etc, they just provide totals. Was wondering what source or site you obtain these data from? thx


http://finance.yahoo.com/m0

There's the decline. Will it last past Monday?

http://www.TimingPointProjector.com

Honestly? I'm thinking we get an inversion next week, but we'll get some clues over the weekend.

Mark

Interesting how this is tracking, but am I reading it right? What inversion? If this continues, won't we have a little downside Monday that's the buying opportunity for next week's run to upside, and then a harder, faster drop a week or so from Monday, followed by screaming parabolic rise into the end of the year. Is that not the right read?

We'll need to see what the breadth is today..... Here are the bearish internal numbers

Market up 2%+ A/D < 65% bearish
Market up 1% A/D < 53% bearish
Market even A/D < 43% bearish
Market down 1% A/D < 33% bearish
Market down 2% A/D < 17% bearish

Currently the breadth of the market so far is terrible. What these numbers tell us that brokerages are trying to prop up the market by dumping money into the big caps to try and prop the market. Internals so far could meet these numbers. Currently the market is down 1% AND A/D is less than 33%...

Barry

qqqqtrdr


I have been keeping track of the advance and decline data using yahoo finance and stockcharts but they do not divide it up into fractions that are up/down 1% or 3% etc, they just provide totals. Was wondering what source or site you obtain these data from? thx


http://finance.yahoo.com/m0

thx - those yahoo data are what I usually check every day. Now I see I mis-read your post and was thinking something different regarding the A-D numbers.

There's the decline. Will it last past Monday?

http://www.TimingPointProjector.com

Honestly? I'm thinking we get an inversion next week, but we'll get some clues over the weekend.

Mark

Interesting how this is tracking, but am I reading it right? What inversion? If this continues, won't we have a little downside Monday that's the buying opportunity for next week's run to upside, and then a harder, faster drop a week or so from Monday, followed by screaming parabolic rise into the end of the year. Is that not the right read?

That's the right read. I'm predicting, with little confidence, a possible inversion.

Right now, however, I can easily see this projection working right on through the end of the year.

Mark

Mark: It will be interesting to see if this works out.... Currently my charts show this as an improbability.... Primarily due to the shrinkage of volume and waning of momentum. Anything could happen.... Still looking for continued weakness this week... Barry