33 replies to this topic

[SemiBizz]

Some of the scariest charts for Nasdaq bears:

Here is the bulls horror show right here...

GS will serve no WHINE until it's time..

It's looking like it's time...

138 coming on this dog.

http://bigcharts.mar...&mocktick=1.gif

[PrintFaster]

Seems like for 4 years the "highs have been tested", and then exceeded over and over. Market feels like it it climbing the proverbial wall of worry with the 10-yr. at 1.95% and the CRB Index in the tank. Check out silver, copper, coffee, iron ore etc. now trading at depression era lows. Will these get better or worse? Feels like the market in 1995 - 1996 I don't think the market will top out until the economy is firing on all cylinders, the 10-yr. is at 4.5%, crude over $125, inflation running at the official 4% - 5%, then Bernanke will start withdrawing stimulus. Then we get a real bear cycle that will be tradeable for a year or so. [attachment=20544:spy96.gif] [attachment=20545:Kermit_S_P1.jpg]

[SemiBizz]

Maybe. Maybe not.

If they can fix the Cyprus on Monday then we'll probably pop to those highs. Will be the ultimate blow off.

But the rest of the market looks like crap. Look at smallcaps today. They are just about red, and barely breathing. Its all large caps and the DOW.

We need to get the VIX out in front like we had on Tuesday...

Then Volume... we might see it next week...

Well, well, new highs there and no dice on the VIX to the downside... 13.81 high, 13.76 here,

[PrintFaster]

Next Dow stocks to watch if we are going higher may be Merck and Exxon.

Nice bases set up here:

[attachment=20546:xom0322.png]

Merck

Edited by PrintFaster, 22 March 2013 - 12:28 PM.

[SemiBizz]

So until something changes, we just have a "manufactured compression" going on here...

Sideways market, under the volume highs sideways at the lows of the high volume day.

Volume sucks so they can have an ugly day like Tuesday and just gap it up the next...

Gonna take gapdowns, wide range downtrend days, and heavy volume to bring these birds down...

Bernanke's printers attached by umbelical cords to the robots...


http://bigcharts.mar...&mocktick=1.gif

[SemiBizz]

Some things aren't moving sideways though...

http://bigcharts.mar...&mocktick=1.gif

[ogm]

Looks like this is the lowest trading volume day of the year.

[PrintFaster]

Looks like we are setting up for a new daily and weekly closing high on RTH.

Wow, the strength in the consumer sector is simply breathtaking the last 4 years.

Tough to be a bear when so many Joe Six's are skimming free cash off the government via EBT cards, diability checks, and all the rest.

4-Year Chart of RTH

[dasein]

right - Oh I just screwed up everything for the next three generations but heck, "you dont need me to manage the exit" - BB is running out of Dodge - ahead of the lynch mob I guess

http://www.bloomberg...our-ending.html

[ogm]

Looks like we are setting up for a new daily and weekly closing high on RTH.

Wow, the strength in the consumer sector is simply breathtaking the last 4 years.

Tough to be a bear when so many Joe Six's are skimming free cash off the government via EBT cards, diability checks, and all the rest.

4-Year Chart of RTH

Yeah, those food stamps are driving this rally.

Edited by ogm, 22 March 2013 - 01:44 PM.