Blue Chip Bulldog - Latest Comments in The Bears Get Down

Re: The Bears Get Down

Dutch — Mon, 02 Nov 2009 01:07:23 -0000

Raccoon pumpkin I carved a few years ago.

Re: The Bears Get Down

facesincabs — Sun, 01 Nov 2009 11:51:55 -0000

not concerned

Re: The Bears Get Down

Tazman — Sat, 31 Oct 2009 20:48:55 -0000

Moo...Ms B...love the scary look....fitting.......

Now...did Moo dress up as a 100 OZ bar?

And Ms B....an inverted H&S?

Re: The Bears Get Down

humble1 (tm) — Sat, 31 Oct 2009 14:25:27 -0000

weird and paranoid.

Re: The Bears Get Down

nitemare — Sat, 31 Oct 2009 13:42:13 -0000

I have to give a shoutout to 2 sweeties. I bottom ticked the ES at 1029.50. Remains to be seen if profitble trade but looking nice so far

Re: The Bears Get Down

facesincabs — Sat, 31 Oct 2009 12:26:39 -0000

interesting how you always seem to have one point on your posts immediately after they are posted (even when no one is around) ...

pointing yourself up from another account ??

Re: The Bears Get Down

facesincabs — Sat, 31 Oct 2009 12:23:43 -0000

thanks

Re: The Bears Get Down

GreekGod — Sat, 31 Oct 2009 10:30:51 -0000

With the coming of a CIT bankruptcy Monday morning announcement it will take the markets down for awhile into afternoon. I do not see a rally for next week due to a increase in the dollar.
Of course what do I know!

Re: The Bears Get Down

humble1 (tm) — Sat, 31 Oct 2009 06:56:06 -0000

a possible very bullish neely-esque* e-wave count:

Wave-A: 3/6 -> 5/8 = 63 cds

Wave-B: 5/8 -> 7/8 = 61 cds (a running correction)

Wave-C: 7/8 -> 9/23 = 77 cds

Wave-D: 9/23 -> 10/31 = 38 cds (another running correction)

Wave-E: the "devastating" wave, starts monday.
(Up, of course)

Wave-D is .618% of Wave-B

Wave-C is 1.236% (2 x .618) of Wave-A

(Wave-A + Wave-C)/(Wave-B + Wave-D) = exact sq root of 2 (1.414)

(tolerances within one SPX point)

* neely is the waver whom i first saw write of the "ABCDE" corrective formation with the "devastating" Wave-E.

Re: The Bears Get Down

Rosabarba — Sat, 31 Oct 2009 03:59:18 -0000

So did I! Which contract? I opted for the MAY70s.

Re: The Bears Get Down

bkudla — Sat, 31 Oct 2009 01:19:23 -0000

Good job bear, good day myself.

Re: The Bears Get Down

bkudla — Sat, 31 Oct 2009 01:18:42 -0000

I bought some AEM calls today, at the bottom around $51.90.

Re: The Bears Get Down

humble1 (tm) — Sat, 31 Oct 2009 00:36:17 -0000

a major 1.272 (root-Phi) extension and part of the reason why i predict that SPX 1101 will be sliced through next week as the sharpest rally in history begins:

http://siliconinvestor.advf...

Re: The Bears Get Down

Osso — Fri, 30 Oct 2009 22:31:41 -0000

he has not called a top in anticipated manner...and has called the EW pattern...perfectly.Practically..the only one....imo.

Re: The Bears Get Down

ckeltner — Fri, 30 Oct 2009 22:31:12 -0000

Thought I would share this memo I got today.

Vix posts monthly bullish reversal candle after 3 monthly doji's. Highest monthly gain since oct 2008 peak. Bullish vix/bearish markets.

Re: The Bears Get Down

jayinasia — Fri, 30 Oct 2009 21:14:50 -0000

I'm with you TT. And then we've got a 16.6 year moving average @ 1000 (aka 200 monthly ma). Long story short, the bears have A LOT of work to do to turn this rally around. I'm not saying it could not happen but as always I like to "walk" instead of "run" to the action.

Have a great weekend.

Re: The Bears Get Down

TraderTamas — Fri, 30 Oct 2009 21:04:45 -0000

This weekend I think a lot of people are going to start saying the rally is up. I won't believe it until we break the previous swing lows at 1011.82.

Re: The Bears Get Down

Rosabarba — Fri, 30 Oct 2009 19:34:55 -0000

Although I bought some PM calls today, a more prudent and probably wiser strategy, imho, would be to either wait and watch a bit longer, or nibble stock only in small lots, and GLD over GDX or its components.

Watching the PMs during the next broad market selloff (hard not to expect one soon, perhaps next session) will be riveting, particularly if we get the kind of positive divergence we saw today. Fascinating (and moderately encouraging, though the PMs are treacherous bitch-goddesses to long and short alike) action today to see GDX follow gold up on increasing volume amid the bloodbath.

USO/OIH, by comparison, mostly just took their beatings into the close (though there was a small positive divergence there as well, nothing compared to GLD/GDX).

Re: The Bears Get Down

jayinasia — Fri, 30 Oct 2009 18:26:20 -0000

Good Morning Folks.

Wow. I guess the Sep-Oct replay didn't work? Hahahaha. Needless to say I was stopped out of my SSO before I even got to REM sleep. -3%. Will look at the charts over the weekend but at first blush it looks like the USD is off of the mat.

Re: The Bears Get Down

zstock7 — Fri, 30 Oct 2009 18:10:40 -0000

LVS eps estimates have been steadily improving going into earnings--I teach a course on it, in my members site.

Re: The Bears Get Down

zstock7 — Fri, 30 Oct 2009 18:09:18 -0000

I don't know why CVX won't go below $75?

Re: The Bears Get Down

moo — Fri, 30 Oct 2009 17:19:10 -0000

With the dollar closing at its highs this market has given up. There were some short squeezes during the day, but I was surprised we gave up 1052 area without a problem.

I still believe that we are carving a bottom here at /ES 1030-1035 area, however if the dollar continue to climb we will go much much lower.

It is impossible for be to post my comments these past few days as I am focus on my own positions and looking at market action for profitable signs, but a always, when we are in a possible trend change the volatility is heightened and placing stops becomes more challenging, if I even use them. When I don't I must pay very close attention.

Hope everyone did well.

Re: The Bears Get Down

Sentiment_Al — Fri, 30 Oct 2009 17:12:17 -0000

Yes! You'll notice that's a candle flame where my necktie should be....

Re: The Bears Get Down

Viper — Fri, 30 Oct 2009 17:02:27 -0000

What's interesting about that indicator is that the all-time high was set at the start of this rally. It then moved lower and lower throughout the summer rally. I wonder if the inverse will occur as we'll see all-time lows occur on the indicator and then a move higher as the market moves lower over a longer period of time (6-9 months). Essentially the summer rally in reverse...just thinking out loud here....

Re: The Bears Get Down

Wahoo — Fri, 30 Oct 2009 17:01:24 -0000

Al,
I saw your pumpkin avatar comment earlier but didn't understand what you were saying. Is the picture we see actually a carving on a pumpkin?