day 6...move building in a big way

here's the deal...its close to doing something in a bigger way:

#1

here's the deal...its close to doing something in a bigger way:

#1

Day 6 is still trading around Day 1 highs.

Agreed.....

Distributions took place at highs in the last few days. The question is who are loading and who are unloading and at these prices? Retails vs Professionals?

Edited by redfoliage2, 21 October 2009 - 11:35 AM.

M Osc is 0 in real time...I know I have been saying this for a few days...but the mkt IS going to move zoon. Don't fall asleep at the wheel.

same stuff, dollar helping the mkt today so far.

same stuff, dollar helping the mkt today so far.

I'm surprised how little it's helping equities...

And commodities are exploding, this will end badly if the Fed doesn't wake up...

same stuff, dollar helping the mkt today so far.

I'm surprised how little it's helping equities...

And commodities are exploding, this will end badly if the Fed doesn't wake up...

oil=vertical now

#2

And commodities are exploding...

What's interesting to be aware of is that liquidity waves move through the financial system very much like the ocean waves one sees from a pier as it approaches land. The first area in which excesses in liquidity moves into is gold, and then in about 3 to 4 months, it eventually finds its way into commodities before finally moving into the debt and equity arenas. However, since we are so fully saturated right now, this time element has shortened over the last several months. Soooo...what you are actually seeing now in the commodities sector since the beginning of October is what gold instructed us to look for in August and September. This is why one should always keep an eye on the gold market as it provides reliable expectations for the other asset classes well before anyone recognizes this structural change in trend.

Fib

And commodities are exploding...

What's interesting to be aware of is that liquidity waves move through the financial system very much like the ocean waves one sees from a pier as it approaches land. The first area in which excesses in liquidity moves into is gold, and then in about 3 to 4 months, it eventually finds its way into commodities before finally moving into the debt and equity arenas. However, since we are so fully saturated right now, this time element has shortened over the last several months. Soooo...what you are actually seeing now in the commodities sector since the beginning of October is what gold instructed us to look for in August and September. This is why one should always keep an eye on the gold market as it provides reliable expectations for the other asset classes well before anyone recognizes this structural change in trend.

Fib

Hi Fib. Good to see you posting!

So what you're saying is we haven't seen nothin' yet in equities? The real buying is yet to come as money finally rotates to stocks?

I know you don't see us has having made a top in stocks, based on solid reasoning at TW. Given what you're saying about the time frame of money rotation above, do you have a guess on when a top might occur?

Thanks,

Tim