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Saturday, 11/22/2008 2:53:42 PM

Saturday, November 22, 2008 2:53:42 PM

Post# of 126111
charts and stuff

i am feeling a bit bullish this morning....it doesn't take much to tickle an idiot! hehehe...>NOBODY KNOWS WHERE THE BOTTOM IS< especially me! IDKS

first off lets look at the indecies from a % drop basis...all are very near the 50% area....does that mean anything to you fib heads?








and what about the fins? they deserve to be the low of the low ...and for you fib heads, they are at the 78% retrace level


lets zoom out to get a view of history
dow monthly


dow weekly


now the daily


and last the hourly falling wedge


nazsty index monthly


weekly


spx index monthly bla bla bla


very strange how commodities have crashed right along with the equity indecies...it looks like $gold has it's feet under it now...will the indecies follow? me thinks sooo buTT it is strange.

$gold daily


and oil? who knows about this one...buTT if the equity indecies do turn here, i expect oil will follow


and last one on this post....the vix...langy wants this updated buTT i have to admit that i haven't followed the vix closely for all that long..here's what i see...this sell-off is over done and it's time for a rally....i don't know if i should even be using these indicators...IDKS just my wild ass guess


longer term view with what i feel is the "normal" trading range for the vix....someday the vix will settle back into the groove

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