skip to main |
skip to sidebar
Contrarian market commentary and economic postings.
Counter
Blog Archive
-
▼
2010
(1393)
-
▼
March
(116)
- SPRING BREAK
- CONSUMER CONFIDENCE DATA
- NOTES
- ACT I, EXIT STAGE LEFT?
- FUEL FOR THOUGHT
- WHY ARE SO MANY BULLISH?
- "RESTORATION OF KING DOLLAR"
- IT'S SPRING TIME!!!
- THE NEW NORMAL
- WRONG WAY FRED
- BDI CHART
- AN UGLY MIRROR IMAGE
- HAMMER TIME
- WINDOW DRESSING
- WISE MAN GIVES ADVICE
- VELOCITY OF MONEY IS COLLAPSING
- GOLDIES LOOKING REAL TIRED
- THIS IS HOME RECOVERY?
- WHAT SHOULD MATTER DOES NOT
- RON PAUL ON HC BILL
- HOUSING RECOVERY
- HEALTHCARE BILL IN 90 SECONDS
- SELL THE NEWS? and THE OFFSHORED ECONOMY
- BIG
- WE THE PEOPLE SOLD DOWN THE RIVER
- LAW OF DIMINISHING RETURNS
- INITIAL SUPPORT ON ANY DECLINE
- OBAMACARE
- LOOKING BACK
- SPX SHORT TERM SETUP. CORRECTION IS PROBABLLY UPON US
- 2 RECENT HEADLINES
- PLAM ETTO BUG
- FOX STAYS IN HENHOUSE
- GREENSPAN'S CONVIENENT MEMORY
- WEAK AS A KITTEN
- IN A WORLD OF CRAZY
- BPSPX NOT CONFIRMING NEW HIGHS
- US HOUSING STARTS> WHERE'S THE BEEF?
- THE DISTORTED TRUTH
- SPX 1980- PRESENT MONTHLY CHART
- SHAM RECOVERY
- ENGINEERED COUP
- WILL STOCKS OUTPERFORM NEXT 10 YEARS?
- WELL WELL WELL
- BIG FAT DEAL
- AM DATA
- FED INDECISION TIME
- "WAITING" INDIGENOUS
- THINGS WE DO
- INDIGENOUS WITH CHRIS DUARTE
- INSIDE WALL STREET COLLAPSE
- HOW LONG WILL RATES STAY AT RECORD LOWS?
- OLD SHELL GAME
- DON'T BE AFRAID TO BELIEVE IN THE RECOVERY
- YIELDS ARE RISING BUT BOND BULL LIVES
- 2007 TOP FORMATION AND BEAR MARKET
- 2000-2002 BEAR
- MY WEEKLY DOW CHART
- ADVANCE DECLINE
- IN YOUR FACE DUNK
- WHY DID THE MARKET RALLY?
- BOND WATCH
- DEBT REPUDIATION
- THE UGLY TRUTH
- REVERSE HEAD AND SHOULDERS IN YIELDS?
- BACK TO SPX 1150
- MARKET WRAP DOW 15M VIEW
- BACK DOOR TAX INCREASES COMING
- AM DATA
- IYR MONTHLY
- IYR WEEKLY
- IYR DAILY
- SRS 30 M
- IYR 30 M
- MOMENTUM
- MARKET AS PROPAGANDA
- ONE CANARY 2?
- TESTING THE WATER
- THE REBUILD????
- MORNING CHART
- ANOTHER LOOK AND AT CROSSROADS
- BANKING INDEX MAY BE KEY
- SHORT TERM CALL
- GREAT DISCONNECT CONTINUES UNABATED
- SOBERING STAT
- USING BULLISH % AS A TOOL
- URANIUM ANYONE?
- LONG TERM BUY AND HOLD STRATEGY
- PAYS TO BE LONG TERM INVESTOR???????
- GOLD IN THEM THAR HILLS? OR CANARY?
- KEY TO 1 YR OLD BULL MARKET?
- DECISION POINT TECHNICAL ANALYSIS
- HOUSING PROBLEMS LINGER
- OUT OF BLUE, BOLT OF LIGHTNING
- GUY LERNER
- MY WEEKLY SPX CHART AND COMMENTS
- IS THE REFLATION GAME GOING TO CONTINUE?
- SECULAR TREND HISTORY LESSON
- NOW IT'S GOLD AND STOCKS?
- WORLD GONE MAD
-
▼
March
(116)
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.
4 comments:
This is not a bullish configuration. SRS looks like death on all timeframes. SRS is in a downtrend, the wedge is in a downtrend. This is considered a bearish configuration, however, yes anything can happen.
Copy and paste link in browser.
http://www.leavittbrothers.com/education/chart_patterns/wedge_bearish.cfm
Are there any absolutes? I am not going to add to my charts my proprietary indicators, just the basic ones....I realize what trend each is in....and I also added on very short leash, not looking for much....I could be dead wrong, OK have stops set
I don't want to run with the herd, this is good for me....I'm not on any side.....nothing and n pattern is 100% ever
Come back and post after I put up my results....I am out in open so I would be on record right or wrong....doesnt matter
There was a time, some guy who didn't have to, helped me out. I am glad he did, and I am glad I listened. Have a good day and best of luck on trade.
Expanding on earlier bullish and bearish configurations, look at intra day five minute IYR and SRS. 2 more good examples. IYR breaking up and out of a bullish triangle, and SRS out a bearish configuration. Not to say where the day ends, but real time patterns at work. IYR currently doing a double top 48.40 area. If the market gets going today in it's very overbought condition, which I doubt, but is possible, IYR will follow, and maybe out of the larger triangle in time.
Post a Comment