*Always click chart to enlarge. Next FIB target could be one place to look for reversal
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Contrarian market commentary and economic postings.
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2009
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October
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- MARCH RALLY IN FOCUS AND IN TROUBLE?
- SOMETHING WICKED THIS WAY COMES
- BE PREPARED FOR WORST
- NICE TRADE
- CAN YOU FOOL MOST OF THE PEOPLE MOST OF THE TIME?
- CREEK WITH NO PADDLE
- SKYS THE LIMIT
- LITTLE BIG HORN
- THE UGLY TRUTH
- GDP BELIEVE IT OR NOT?
- HERE COMES THE SUN AND GDP
- IT WOULD BE STRETCH TO SEE RECOVERY HERE
- ANOTHER ONE BITES THE DUST
- WHAT HAPPENS WITHOUT STIM. LIFE SUPPORT
- DOW WEDGIE UNDER ATTACK
- BAD GOODS OR GOODS GONE BAD?
- OFF TOPIC...ARE YOU KIDDING ME??????
- V SHAPED RECOVERY ON TRACK....
- STICK A FORK IN IT?
- "GEITHNER AND FED A DISGRACE"
- BILL GROSS OF PIMPCO CALLS THE TOP
- STEEL PAIR?
- OFFICER RESIGNS OVER AFGHAN WAR POLICY
- DOUBLE TOP? WHEELS KEEP A SPINNING ROUND AND ROUND...
- CONSUMER CONFIDENCE BEATS EXPECTATIONS!!
- BOY NOW THAT'S PROGRESS?
- "HOW CAN THAT BE POSSIBLE?"
- "DID GOLDMAN GOOSE OIL?"
- A SEMI HOLE KIND OF DAY?
- AUDIT THE FED MOVEMENT
- HUMPTEY DUMPTEY?
- SECULAR TRENDS
- UPTREND IN YIELDS INTACT
- LAST JAM....THE SOUND OF ONE HAND CLAPPING!!
- WEEKEND GROOVE
- IS A CRASH UNDERWAY?
- CLOSE UP OF SPX TREND
- HAVE YIELDS BROKEN OUT?
- TALE OF TWO SUPPORT TRENDLINES
- CRISIS OVER???
- WHAT A FEW OTHERS ARE SAYING
- JIVE TURKEY
- CLOSEUP OF TRANSPORTS ACTION
- BASS SOLO "Have nice weekend everybody"
- TRANSPORTS HEAVE
- WELLSFARCO
- LET'S GET BULLISH?
- SUGAR HIGH
- THERE IS A SUREFIRE TREND HERE?
- TREND CHANGE HERE?????
- FALLING AWAY
- CRUDE IMAGE
- HOT AIR BALOON
- JOBS JOBS JOBS JOBBED
- BLACK BOX
- FAT DUMB AND HAPPY ARE THE BOURGEOIS
- IS HISTORY REPEATING ITSELF
- SMOKE AND MIRRORS OR JUST PLAIN SMOKED?
- TAKEN LEAVE OF THEIR SENSES
- NUTS??
- SNOWBALL?
- SAME OLD SONG AND DANCE
- CLOSEUP OF TODAYS TRANSPORT AVG
- THE WORM IS TURNING?
- UUP LONG US $ ETF
- CURRENT DOW WEDGE
- FALLING AWAY INTO THE CLOSE
- RATTIGAN'S RANT
- THROWING DOWN THE GAUNTLET
- "DEATH OF SOUL OF CAPITALISM"
- CLOSEUP
- FED REPO TEST A FAILURE?
- OBAMA RULED BY GS CRONIES
- HOUSING HOUSING HOUSING
- TOP ANALYST ESTIMATE GAME CONTINUES
- VEIL ATTEMPTS
- GOOD TIME TO BUY?
- DEFLATION AND RECOVERY?
- THANK GOODNESS FOR CNBC
- BETTER OFF TODAY BECAUSE OF FED ACTION
- HAIL HAIL TO THE TRUTH
- TAXPAYERS SAVED??????
- BANKS ARE NOT LENDINGTO AMERICANS
- WHERE IS THE MONEY??? WE GOT BENT OVER!!
- BERNANKE< DO YOU KNOW YOUR CONSTITUTION???
- BEATING THE ESTIMATES
- IF HOME PREICES HAVE NOT HIT BOTTOM>>>>>
- NAZ FUTURES STOKED
- EXCITEMENT BUILDING?
- price of us inflationist policy
- GAP FILLER?
- REFLATION EFFORTS
- OFF INTO THE WILD BLUE YONDER
- US RECOVERY TO TRUMP ALL OBSTACLES
- SOLD OUT BY OBAMA
- FORK IN THE ROAD
- WHERE IS THE OUTRAGE? WHERE IS THE VOLUME?
- SOMETIMES THEY GET CAUGHT
- Market Close
- "PRICE DOES NOT EQUAL VALUE"
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October
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About Me
- Marc R
- Baltimore, Maryland, United States
- PROFILE FOR MY 1 SOURCE BLOG: We have over 30 years of experience and the best resources available to bring you unequaled value and customer service. We look forward to helping you with your next project with our "Creative Office Solutions" #2 PROFILE FOR MY MARKET "HOBBY" BLOG I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
2 comments:
I think the top was in yesterday; time will tell. I expect a deline of around 15% followed by another up move and then a 2010 slam down to new lows.
Agree or disagree? My thinking is as good as anyone elses out there at this point in time.
Hard to say "top is in" only know that in rear view mirror. I had warned against short funds at this time, especially the 3X variety....because of the mkt action.
That said, and the Transports riding to a high water mark with DOW, though I disagree slightly and show a higher intrday high than some are using the closing high...the transports played catchup....hard to get too aggresive with that going on.
The FIBS I mentioned are close by...maybe that will see a more decisive signal.
7.2 million jobs lost just since 2007....other than MOMO...what's going on? VIX may hold key
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