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Ed Downs Signal Watch has gone to a pay service (no more free-bees) :>( but his last post on 3/9 predicted a rise to Dow 7500 range (complete) before continuation of the descent to 5900.
Here is a link to the new service:
http://www.signalwatch.com/markets/
HH
Ditto ChiChi. Great board as always! eom
We have a long way to go before June, obviously we are dealing with an inversion:
I was planning on going long today, but the comments by Ed Downs last night kept me out of the market and in cash. He/they have been doing a nice job calling the market of late.
http://www.signalwatch.com/markets/markets-dow.asp
HH
ChiChi, looking a little further out, Bradley shows a major turn 6/7/08. http://www.amanita.at/e/faq/e-bradley.htm Think the chart has a chance of being inverted?
Thanks for all your efforts. Much appreciated.
HH
My daily source of information: Abet Chichi2. Thanks for all the efforts
HH
bulletjim, I a currently reading 'Fly Boys'. Amazing story, amazing people and courage.
take care
HH
Looks like everybody and their grandma (and grandpa to be politically correct) is following the bradly turn date. Is today the real reversal or a trap? So much talk of the bradly turn date has me concerned.
HH
Hi Hi Bob3. Cold is on the way. Looking to be about -10 deg. tonight. But we have been lucky so far with the cold weather. Going to do some snowmobiling in the Houghton/Hancock U.P. Michigan area next week, so think snow! Plan on moving to Arizona in a few years, so I need to get this winter fun stuff out of my system. But until then...zoom zoom!
take care
HH
Looks like the Bradley chart is dead on again.
http://www.amanita.at/e/faq/e-bradley.htm
HH
Frank, Merlin hit a homerun with his charts this week. He must have tweeked his software some (for the better) since the last time I looked at his predictions.
HH
Any computer gurus here have any idea how I can get rid of a worm called 'belgian dip'?
tia
HH
Our friend the "PHANTOM" has spoken:
http://ragingbull.lycos.com/mboard/boards.cgi?board=PHANTOM&read=1187171
http://ragingbull.lycos.com/mboard/boards.cgi?board=PHANTOM&read=1187174
HH
ChiChi, do you think we have seen the highs for the year, or do you expect the spring rally to resume?
tia
HH
ChiChi, welcome back. I have a favor to ask. Can you explain what a fork pattern means?
http://clearstation.etrade.com/cgi-bin/bbs?post_id=5432412&usernm=scamman
tia
HH
The Turnip's Roadmap 2004
http://www.wecus.de/other/Roadmap2004-4.jpg
Courtesy of Zeev and his orchestra (aka the Turnip's).
http://www.investorshub.com/boards/board.asp?board_id=1125
HH
ChiChi, think we stay range-bound today and then rally on reversal Fri.?
HH
CC2, can we expect 3 waves up now, or do you think NDX 1450 will give us trouble?
tia
HH
3/10 turn to be down I assume?
Maybe Shread was t/a advisor to Martha.eom
Interesting range we are in. (Click replied to, chart 2 to reference). A firm break below 1991 will confirm Comp 1-2-3 top formation, leading us to a retrace of 38%(1832) or 50% (1751) of this past years move. A break above 2094 will lead to a possible completion of the handle in the previously discussed C&H formation.
Should portend to a decent move either way in the coming days/weeks.
HH
Out for 20% gain. ChiChi, keep them e-mails coming! (lol)
thanks
HH
ChiChi, nice Fryday call. You gonna be a holder throughout the a.m. or a dumper? Zeev thinks we close within 2030-2040 range today, giving comp an 'up' week.
thanks again.
HH
wallabe, too bad google does not have a program to translate all of Onischka's yellow lines on his chart. In fact, his charts are starting to look like my living room walls (which I am currently painting).
HH
mamapg, care to share the chart you referenced? Much appreciated if possible. Super 1480 call.
HH
ChiChi, are you looking for just a short bounce here or is this the beginning of another leg up?
tia
HH
Is this the start of wave 4 down? eom
SPX wave update (Mathias w/ translation by Erniek):
http://clearstation.etrade.com/cgi-bin/bbs?post_id=5113021&usernm=erniek
HH
Anybody know if Cybersaavy deep six'd his charts or did he just move to a new url? This is the most update I have seen:
http://www.saavycharts.info/
HH
ChiChi, Blustar has been shorting for two weeks now. He is bound to get it right sooner or later.
HH
ChiChi, thanks for the reply to mamapg.
I was a bit tied up with the Packer's win/Minnesota loss today (Go Pack!). Now to see if I can muster up some tickets for Sundays Green Bay/Seattle playoff game.
HH
Blustar Market Update Weekly 12-28-03
The stock market looks like it is forming a ST top on Monday Dec 29 and QQQ 36.20 or slightly above and SPX 1195-96 looks feasible and then a reversal likely into early Jan 2004. How far it goes down is subject to the market's whims, but max would be 33.70 on the QQQ and 1042 on the SPX no later than Jan 8th 2004.
If Jan 6th marks the low, then 34.80 would be minimum and the SPX 1060's. A rally to new recovery highs would be expected out of this low into mid Jan 2004 and then a fairly severe correction of at least 10% (no more than 11% on the SPX) should be expected into late January/early March (double bottom?). QQQ should hold 29/30 on any such sell-off or about 20-22% correction.
I believe we see the SPX slightly above 1100 in mid January.
Funds should already be short going into tomorrow as I believe we see an intrady rally after a little early morning weakness (QQQ 35.80?) and then an intraday top and reversal about two hours before the close.
I like INTC as a good short and a target of 27.11 by Jan 6. It was 31.35 on the close Friday. Jan 30 puts also look good to me.
Have a good week and a Happy and Prosperous New Year,
Brad Gudgeon
Blustar Market Timer
Interesting macro view of where we, as a nation and world are at: (note: I did not verify any of the figures for accuracy, so a little due dilligence might be in order).
http://ragingbull.lycos.com/mboard/boards.cgi?board=QQQ&read=788693
HH
Be, I just signed up for Blustar's free trial, so I am not familiar with his system. He did just issue this though:
This time of year is so tough!
Cover and go neutral or cash.
Blustar a.m. update: (taken from 2 week free trial)
The market is showing signs of non-confirmations of the recent up move and exhaustion. Continue to stay short or short the market here.
Blustar prediction this eve.(pulled from his free 2 week trial subscription. Guess we will see how good he is.)-
This market is overbought, unconfirmed,
failing OBV, momentum etc.
1066 is tomorrow's support. A move up
on open and then sells off tomorrow.
Once we get a sell off, the market can
stage a 6 day rally to above 1100
C:\WINDOWS\Temporary Internet Files\Content.IE5\CD6ZWLEN\324.1072131401498.mail.gif
ChiChi, do you subscribe to Blustar? I signed up for his 2 week free trial. Looks interesting.
HH
Chi2, hope all goes well. Did you get one of JNJ's new coated stents?
HH
VIX up .73 to 17.14 eom.
Key reversal on NDX today. Should be interesting to see how this plays out.
http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[m,a]daclyyay[da][pb50!b200][vc60][iUb14!La12,26,...
HH