snp: strugglin' at the 3/8 retracement marker of yesterday's decline.
need anutha 'our to git reallee kunfused <gg>

munchtime

There is a difference between these three "fours": (4), 4, and IV. Each one has a different agenda. The market knows you are ready to roll. It is not.

meanwhile the p/c ratio closed at 1.00.
that doesn't mark a bottom.
should see 1.23 or 1.24 at the opening manana.
hedge funds refusing to let investors "access" their money.
the beat goes on.

Nice play,Aj !!

FAS:

6-9 foot waves
surf is up

rule of numb

(1)in bear markets ascending triangles break to the bottom, in bull markets they break to the top

(2)when you see them in 5 minute charts, jump ship.
u ain't fast enuff to avoid them, ure dog tain't fast enuff, the kumputer tain't fast enuff...

back to work..sigh

OHHHTEE

aj

The operative word for your problem is: "pull"
Each time you pull something you perpetuate the INFLAMMATION.
Cortisone shots are NOT the answer. Rest is the answer. Also....tape TOGETHER your two middle fingers on your bad arm. This will remind you not to pull the eight pound weights(a gallon of liquid) out of your frig. It's gonna take five to eight weeks of rest before you see any difference. Then get an old tennis ball and start squeezing it to prevent you from losing muscle mass in your forearm.

Pay the receptionist on the way out.<gg>

$USD +1.11

No, IMO. You are lookin' at a small terminal fifth. If it pulls back to 840 and holds then we're back into a-b-c land agin' and there will be a fifth to end this bounce from 11/23. It seems Dial 900 is our destiny.
At least the lamb was good.<g>

yes:one-minute ameritrade streamer.($SPX.X)

ascending triangle from 11/25 on SnP.
the TED is creepin' in the wrong direction.

They need to weaken the dollar but it keeps on whisperin':
DEFLATION.

That's where Paul the V comes in.

"Who better to spy on the spys, George, than a spy himself."--LeCarre

<LMAO - I can't & won't say "it ain't gonna happen".>

It's filed under: "Never say never."

<From a macro perspective, the world is "broke" - we have years and years of pain ahead of us..."

If Entity Vee spends 10 trillion to remove the "waste" and then "finds" (See: creates) a windfall to replace the ten trillion, Entity Vee buys time. Hint: think radioactive waste.

<I'm really trying to see a happy ending (macro basis)>

It's about sustainability. "What's luv got to do with it?"

<In the meantime, I agree with the abcxabc.>

A cautionary note: these babies take down everyone.

<we spiral into another (last?) flush before we start our long-awaited ABC on the weekly charts.>

Not a severe flush, mind ya.

I like it.

<Everyone seems to be all beared up on the boards this morning.>

Hey, I'm not beared up. Depressed, yes. Suicidal, yes. But heck, leave the bears out of this. We're in abcxabc land. <G>

Now take the dollar: one minute it looks like it's doin' an ascending triangle in the fifth and in the next minute it's turned that into an a-b-c fourth with a fifth(up) to follow.
ExplaNATION: Shit happens to the Dollher Bears.

And there's Paul the Vulcan reappearing and in his palm is FDR2. It's called Plan C. They peg gold and they float out to sea all that bad PAYper. Let me hear u say it: "It ain't gonna happen."
Think again: before 2012 or before Andromeda and the Milky Way collide, whichever comes first, depENDing if ure a card carrying memBURRRRR of the Austrian skull of economiks.

The BOYZ gotta reinflate. They're eying both gold and Aj's chocolate-chip cookies. One of 'em is sacred.<gg>

snoot

long live TA
have a nice weekend !!

Today: No.

DRYS is kinda innerestin'. I gotta feelin' it's tellin' us somethin' 'bout China's FEWture's growth.

Is it too early to drink? <g>

Many think today will result in the red and the SPX will reach 724. You disagree with this?

I don't see it taking out DOW 7200 on a closing basis.

Snoot--

A major bottom displays true exhaustion. A stock will unexpectedly fall four dollars and then for hours afterwards no one will go near it. Then it quietly maintains a flatline and does nothing for another week or two, except bounce and retreat.

I am expecting today, Friday, a DJIA up-move of at least 400 points.

Seriously.....

Bottoms are created when no one steps up to the plate anymore. That includes Traders.
Shortly before the market took off in 1982 we had a 40 million share day!!!
If you go back to the 73-74 Recession stocks WITH ANY DEBT lost 89% of their value.
So....
GS= $240-$250 at the top.....minus 90% ....equals $25.
I was surprised that few people here reacted to Aj's pronouncment awhile back.
TA does work: Exhaustion moves to the top. Exhaustion moves to the bottom. Ad nauseum....
Before it's all over...and it's gonna take years...there will be more stocks in low single digits than double digits.

I'll give u only three minutes at $57 in the a.m. <gg>
Make that four minutes.

Yup.
So much for a "random walk."

AM down
PM up

Builds charACTer

we may need to do an a-b-c in the fourth and then have one more mini- stroke down for the fifth for the ten minute read.

Where is future "capital formation" going to come from ?
When do they start "WPA 2" ?

<GS ...doesn't look like it's going to melt below the $73.77>

May 4, 1999
"On the first trade, Goldman's freshly minted 69 million shares zoomed from 53 to 76 per share, before closing the day at 70 3/8."

I jus' heard thunder <GG>

You have influence with the powers 2 B. May I have GS at $ixtee-five dinerohhhs ? I knead a reel lower-low.

<i am watching a somber obama.>

No. You are watching a reincarnation of Robert Kennedy.
Delivery, introspection, demeanor.... That's the message. Soon, people will see the parallel. That's what Teddy of Mass saw.

In a word: Yes.

Consider that the number in question is just shy of one standard deviation from 377.

If Fermat can leave an incomplete proof in a margin anything is possible. <g>

Thanks for the explanation.

As an aside---rising wedges always get my full attention, especially, when they appear in the fifth position, suggesting termination.

possibly when you have a free moment...

(how or) where was .00387 derived from?
is this being used as a standard mathematical deviation?

OT

<...the party of Lincoln now wins only in the former confederate states.>

<gg>

<I think the 2010 election has a stronger showing by Republicans, and they re-take the oval office in 2012.>

I sincerely hope you are wrong in that prediction. There are worse things than impending liberal agendas. I think the Cheney White House proved that.

Sow, reviewing ure Thai sticks, wich one is goin' to two hunDREAD and which one is goin' to zerro?

I'm gonna drive over and attend the post election victory party for Martinez.
Every felon deserves his day in office. It's the Stevens's Principle.

For how many years now have you been told:
(1) to buy gold because of INFLATION and
(2) about the dollar's impending demise?
(At times it really is a NEY world: you need to go up before looking down and down before looking up.
Then there is the small matter of price before volume.)

http://www.joe-duarte.com/free/market_summary_weekday.asp