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Posts: 4,419
Reply with quote  #1 
2011-10-11 16:00:02 [Message] fib_1618 -> Chat: good day
2011-10-11 16:00:05 [Message] fib_1618 -> Chat: how is everyone?
2011-10-11 16:00:39 [Message] fib_1618 -> Chat: quite a week, huh?
2011-10-11 16:01:31 [Message] fib_1618 -> Chat: 1671/1340...looks like we're going to have a lot of small point changes tonight
2011-10-11 16:01:45 [Message] fib_1618 -> Chat: OK...any questions or comments before we get started??
2011-10-11 16:03:08 [Message] fib_1618 -> Chat: OK...then let me get DP up and we'll get started
2011-10-11 16:03:40 [Message] fib_1618 -> Chat: after a quick pullback on Friday
2011-10-11 16:03:52 [Message] fib_1618 -> Chat: the CO NYSE breadth MCO moved to higher highs on Monday
2011-10-11 16:03:58 [Message] fib_1618 -> Chat: and we have a small point change today
2011-10-11 16:04:43 [Message] fib_1618 -> Chat: today's small point change was able to push the CO NYSE breadth MCSUM above the -500 level for the first time since the beginning of August
2011-10-11 16:04:52 [Message] fib_1618 -> Chat: let me check where the gap resistance area is
2011-10-11 16:05:14 [Message] fib_1618 -> Chat: we are above it
2011-10-11 16:05:27 [Message] fib_1618 -> Chat: so the bears are now starting to lose their grip on things
2011-10-11 16:05:54 [Message] fib_1618 -> Chat: but until we move above the highs seen on the MCO in September
2011-10-11 16:06:05 [Message] fib_1618 -> Chat: the trend hasn't turned higher just as yet
2011-10-11 16:06:25 [Message] fib_1618 -> Chat: and looking at the components of the CO MCO
2011-10-11 16:06:40 [Message] fib_1618 -> Chat: we now have both the 10% and 5% Trends above their zero line
2011-10-11 16:07:22 [Message] fib_1618 -> Chat: whether the 5% will be able to hold above its zero line near term with the MCO at a reading of +67 is still yet to be determined
2011-10-11 16:07:34 [Message] fib_1618 -> Chat: as we touched upon on Thursday
2011-10-11 16:07:51 [Message] fib_1618 -> Chat: we do have to be mindful that with the divergent structure in place
2011-10-11 16:08:03 [Message] fib_1618 -> Chat: and the downside price targets having been met last Monday
2011-10-11 16:08:15 [Message] fib_1618 -> Chat: that we could have seen our tradable low
2011-10-11 16:09:00 [Message] fib_1618 -> Chat: unfortunately, however, it's tough not exactly knowing whether this has been accomplished or not until certain criteria are met to confirm such an event
2011-10-11 16:09:02 [Message] fib_1618 -> Chat: and in the meantime
2011-10-11 16:09:08 [Message] fib_1618 -> Chat: the Dow rallies 1000 points in a week
2011-10-11 16:09:20 [Message] fib_1618 -> Chat: and the SPX rallies 125 points in this same amount of time
2011-10-11 16:09:38 [Message] fib_1618 -> Chat: and if anyone is wondering
2011-10-11 16:10:05 [Message] fib_1618 -> Chat: the daily low volume figures have little to do of whether or not a bottom has been created or not
2011-10-11 16:10:22 [Message] fib_1618 -> Chat: it's not a matter of's always a matter of quality
2011-10-11 16:10:33 [Message] fib_1618 -> Chat: and we'll check that out later on
2011-10-11 16:10:56 [Message] fib_1618 -> Chat: we have a small point change on the composite NYSE breadth MCO
2011-10-11 16:11:14 [Message] fib_1618 -> Chat: so let's expect a dramatic move in the major market averages in the next two trading sessions
2011-10-11 16:11:21 [Message] fib_1618 -> Chat: with the amount of volatility of late
2011-10-11 16:11:34 [Message] fib_1618 -> Chat: it makes you wonder what a "dramatic move" might look like
2011-10-11 16:11:57 [Message] fib_1618 -> Chat: but it should be pretty much in relation to what we've had for the last two months
2011-10-11 16:12:20 [Message] fib_1618 -> Chat: hey...I just realized
2011-10-11 16:12:31 [Message] fib_1618 -> Chat: the Dow closed down by "only" 16 points today
2011-10-11 16:12:40 [Message] fib_1618 -> Chat: when's the last time we've had such a low number? 
2011-10-11 16:12:57 [Message] fib_1618 -> Chat: anyway
2011-10-11 16:13:09 [Message] fib_1618 -> Chat: moving to the composite NYSE breadth MCSUM
2011-10-11 16:13:24 [Message] fib_1618 -> Chat: and here we see that we haven't as yet moved above our reaction highs as the CO MCSUM has
2011-10-11 16:13:48 [Message] fib_1618 -> Chat: this is not something in which one should get excited about when talking about the potential for a bottom
2011-10-11 16:14:23 [Message] fib_1618 -> Chat: but (I guess) if things continue to improve we might get one of those market anomalies in which we can refer to in some distant future
2011-10-11 16:14:37 [Message] fib_1618 -> Chat: but what this MCSUM is really telling us here is...
2011-10-11 16:14:48 [Message] fib_1618 -> Chat: the declining tops line in the NYAD line remains in force
2011-10-11 16:14:58 [Message] fib_1618 -> Chat: and until this line is violated to the upside
2011-10-11 16:15:12 [Message] fib_1618 -> Chat: although we've had a 7% move in a week
2011-10-11 16:15:28 [Message] fib_1618 -> Chat: it's not what one would technically call a bullish event
2011-10-11 16:15:59 [Message] fib_1618 -> Chat: and probably more under the heading of an acute short covering rally
2011-10-11 16:16:36 [Message] fib_1618 -> Chat: moving to the NASDAQ breadth MCO
2011-10-11 16:16:48 [Message] fib_1618 -> Chat: and here we are now challenging the all important highs of mid September
2011-10-11 16:17:03 [Message] fib_1618 -> Chat: but we haven't violated them as yet
2011-10-11 16:17:12 [Message] fib_1618 -> Chat: moving to the NASDAQ breadth MCSUM
2011-10-11 16:17:31 [Message] fib_1618 -> Chat: and we see how its pattern is pretty much setting itself up for this potential breakout
2011-10-11 16:17:46 [Message] fib_1618 -> Chat: where higher MCO highs would give us higher MCSUM highs to put us in the clear
2011-10-11 16:18:09 [Message] fib_1618 -> Chat: but then when we look at the NASDAQ MCO components
2011-10-11 16:18:27 [Message] fib_1618 -> Chat: we still look corrective right now and not the start of a new trend to the upside
2011-10-11 16:18:42 [Message] fib_1618 -> Chat: so the ball remains fully in the bulls court
2011-10-11 16:18:55 [Message] fib_1618 -> Chat: it's theirs to make or break
2011-10-11 16:19:12 [Message] fib_1618 -> Chat: given the amount of energy they've used to this point since last Tuesday's hard reversal
2011-10-11 16:19:32 [Message] fib_1618 -> Chat: one has to wonder how much fire power they might have at this juncture without some sort of pause first
2011-10-11 16:20:11 [Message] thespookyone -> Chat: naz still looks short of gap resistance, as well
2011-10-11 16:20:13 [Message] fib_1618 -> Chat: moving to the NDX breadth MCO
2011-10-11 16:20:29 [Message] fib_1618 -> Chat: and here we have some problems as it relates to the NASDAQ composite
2011-10-11 16:21:00 [Message] fib_1618 -> Chat: resistance is anything above the recent highs
2011-10-11 16:21:15 [Message] fib_1618 -> Chat: so it's an important area of resistance here
2011-10-11 16:21:34 [Message] fib_1618 -> Chat: and it will take "something special" to push through this area this time around
2011-10-11 16:21:44 [Message] fib_1618 -> Chat: if things were a bit different
2011-10-11 16:22:07 [Message] fib_1618 -> Chat: where we had a gradual increase in prices that went more along the lines of what the internals have done over the last week
2011-10-11 16:22:18 [Message] fib_1618 -> Chat: we would be a little more excited as to the near term prospects
2011-10-11 16:22:30 [Message] fib_1618 -> Chat: but it really is bothersome that we don't have uniformity here
2011-10-11 16:22:42 [Message] fib_1618 -> Chat: it's sort of like racing an engine when the timing is misfiring
2011-10-11 16:23:00 [Message] fib_1618 -> Chat: yes...the direction is good
2011-10-11 16:23:26 [Message] fib_1618 -> Chat: but the idle needs a bit more "choke"
2011-10-11 16:24:04 [Message] fib_1618 -> Chat: plus now we have the NDX price pattern leading breadth here to the upside
2011-10-11 16:24:19 [Message] fib_1618 -> Chat: and this usually needs some sort of reset to the pattern before we're able to proceed
2011-10-11 16:25:00 [Message] fib_1618 -> Chat: of special note here is that the NDX breadth MCSUM is now just above its zero line
2011-10-11 16:25:20 [Message] fib_1618 -> Chat: we find resistance here as we did two weeks ago?
2011-10-11 16:25:26 [Message] fib_1618 -> Chat: or do we blow through this area ?
2011-10-11 16:25:37 [Message] fib_1618 -> Chat: if we do move higher from here
2011-10-11 16:25:55 [Message] fib_1618 -> Chat: the area of last resort for the bears would be the +250 level on the NDX breadth MCSUM
2011-10-11 16:26:09 [Message] fib_1618 -> Chat: anything above that and the bottom is likely behind us
2011-10-11 16:26:31 [Message] fib_1618 -> Chat: moving to the SPX breadth MCO
2011-10-11 16:26:42 [Message] fib_1618 -> Chat: and here we are still quite a ways from our recent highs
2011-10-11 16:27:13 [Message] fib_1618 -> Chat: this would then suggest that the amount of energy that is driving prices higher is not as "rich" as it was previously
2011-10-11 16:27:34 [Message] fib_1618 -> Chat: and when this takes place, it's only a matter of time before we fill this kind of vacuum
2011-10-11 16:27:59 [Message] fib_1618 -> Chat: we note here that the SPX breadth MCSUM is now within 94 points of its zero line
2011-10-11 16:28:22 [Message] fib_1618 -> Chat: so the balance between buyers and sellers on the SPX is close to being evened up
2011-10-11 16:28:41 [Message] fib_1618 -> Chat: though there remains a slight tilt of the scales towards the bears
2011-10-11 16:29:10 [Message] fib_1618 -> Chat: same kind of energy problem with the OEX breadth MCO
2011-10-11 16:29:35 [Message] fib_1618 -> Chat: but we remain on the buy signal generated from last Thursday
2011-10-11 16:29:45 [Message] fib_1618 -> Chat: looking at the OEX breadth McSUM
2011-10-11 16:30:11 [Message] fib_1618 -> Chat: and here we are now approaching the key juncture of the +250 level with a current reading of +105
2011-10-11 16:30:17 [Message] fib_1618 -> Chat: keep in mind
2011-10-11 16:30:21 [Message] fib_1618 -> Chat: that during bear markets
2011-10-11 16:31:10 [Message] fib_1618 -> Chat: that the +250 level acts as a resistance point for any intermediate term counter trend structure
2011-10-11 16:31:20 [Message] fib_1618 -> Chat: just as the -250 level act as support level for the bulls
2011-10-11 16:32:14 [Message] fib_1618 -> Chat: looking at the OEX components
2011-10-11 16:32:30 [Message] fib_1618 -> Chat: and we see that the 10% index is moving ahead of the MCO itself
2011-10-11 16:33:04 [Message] fib_1618 -> Chat: which usually leads to some sort of reset internally as the movement of energy is too far and too fast (or rich)
2011-10-11 16:33:30 [Message] fib_1618 -> Chat: but on a charting basis
2011-10-11 16:33:54 [Message] fib_1618 -> Chat: we did break above our short term declining tops lines on several indices yesterday
2011-10-11 16:34:02 [Message] fib_1618 -> Chat: with providing a pause to refresh today
2011-10-11 16:34:10 [Message] fib_1618 -> Chat: so it's really a mixed market here
2011-10-11 16:34:19 [Message] fib_1618 -> Chat: where prices are saying "buy me"
2011-10-11 16:34:32 [Message] fib_1618 -> Chat: and where money flow is saying "I'm not so sure"
2011-10-11 16:35:01 [Message] fib_1618 -> Chat: pretty much the same situation with the Dow breadth MCO
2011-10-11 16:35:11 [Message] fib_1618 -> Chat: but here the 10% component has moved to new highs
2011-10-11 16:35:19 [Message] fib_1618 -> Chat: with the Dow MCO still at lower highs
2011-10-11 16:35:26 [Message] fib_1618 -> Chat: so something has to give here
2011-10-11 16:35:57 [Message] fib_1618 -> Chat: either the 10% is leading off to something rather extraordinary about to occur
2011-10-11 16:36:22 [Message] fib_1618 -> Chat: or we have just see just too much hype for it to continue without some sort of rest
2011-10-11 16:36:38 [Message] fib_1618 -> Chat: hype = extra stimulus
2011-10-11 16:36:56 [Message] fib_1618 -> Chat: which...I guess...could be a near term phenomenon
2011-10-11 16:37:14 [Message] fib_1618 -> Chat: given that the FED's new "twist program" started last week
2011-10-11 16:37:27 [Message] fib_1618 -> Chat: might be just coincidence, I guess, but I'll throw it out there for discussion
2011-10-11 16:38:14 [Message] fib_1618 -> Chat: small point change on the MID breadth MCO
2011-10-11 16:38:46 [Message] fib_1618 -> Chat: and we can see by the post expansion on the MID breadth MCSUM that money is moving into this basket of stocks at a nice pace
2011-10-11 16:39:10 [Message] fib_1618 -> Chat: probably the best we've seen since the August lows
2011-10-11 16:39:23 [Message] fib_1618 -> Chat: bottoms above bottoms control the pattern there
2011-10-11 16:39:27 [Message] fib_1618 -> Chat: so that's a good thing
2011-10-11 16:39:45 [Message] fib_1618 -> Chat: with a bullish divergent structure on the MCO
2011-10-11 16:39:48 [Message] fib_1618 -> Chat: what's not to like?
2011-10-11 16:40:13 [Message] fib_1618 -> Chat: all we need now is for the MID MCO to move above the double top highs
2011-10-11 16:40:39 [Message] fib_1618 -> Chat: and that would put a final nail in the coffin for the bears for the time being
2011-10-11 16:41:10 [Message] fib_1618 -> Chat: same kind of situation with the SML
2011-10-11 16:41:13 [Message] fib_1618 -> Chat: bottoms above bottoms
2011-10-11 16:41:28 [Message] fib_1618 -> Chat: with a buy signal generated last Thursday still holding
2011-10-11 16:41:48 [Message] fib_1618 -> Chat: taking ruler to monitor
2011-10-11 16:42:08 [Message] fib_1618 -> Chat: the SML price pattern is now right up against its short term declining tops line
2011-10-11 16:42:30 [Message] fib_1618 -> Chat: so any good push here near term would probably be enough to start opening long positions here
2011-10-11 16:43:01 [Message] fib_1618 -> Chat: and a small point change on the TM breadth MCO
2011-10-11 16:43:18 [Message] fib_1618 -> Chat: but like the NYSE composite MCSUM
2011-10-11 16:43:33 [Message] fib_1618 -> Chat: we're still well below the highs seen last month
2011-10-11 16:43:36 [Message] fib_1618 -> Chat: so...
2011-10-11 16:44:03 [Message] fib_1618 -> Chat: still a lot of things that are keeping us from moving all out bullish here
2011-10-11 16:44:14 [Message] fib_1618 -> Chat: but it wouldn't take too much more to put that behind us
2011-10-11 16:44:51 [Message] fib_1618 -> Chat: we know that we were to expect a tradable low between the 3rd week of September and the 1st week of November per the NYSE breadth MCSUM back in July
2011-10-11 16:45:11 [Message] fib_1618 -> Chat: we DO have several indices with bull divergence in place with their MCO's
2011-10-11 16:45:27 [Message] fib_1618 -> Chat: and we're now starting to see some nice post expansion to the upside with many of the MCSUM's
2011-10-11 16:45:41 [Message] fib_1618 -> Chat: but our nagging problem remains with the broader market
2011-10-11 16:45:57 [Message] fib_1618 -> Chat: that being both the NYSE and the Total Market positions of their breadth MCSUM's
2011-10-11 16:46:19 [Message] fib_1618 -> Chat: if we see better participation here near term
2011-10-11 16:46:36 [Message] fib_1618 -> Chat: then that would greatly increase the odds that last Tuesday were the lows
2011-10-11 16:46:42 [Message] fib_1618 -> Chat: but until then
2011-10-11 16:47:01 [Message] fib_1618 -> Chat: we should remain defensive and watch out for some "corrective" ambushes
2011-10-11 16:47:26 [Message] fib_1618 -> Chat: let's move to the sectors and see how things are doing
2011-10-11 16:47:50 [Message] fib_1618 -> Chat: small point change on the XLY breadth MCO
2011-10-11 16:48:13 [Message] fib_1618 -> Chat: with the XLY breadth MCSUM just today moving above its zero line
2011-10-11 16:48:17 [Message] fib_1618 -> Chat: price wise
2011-10-11 16:48:27 [Message] fib_1618 -> Chat: we've now had some rally during this past week
2011-10-11 16:48:45 [Message] fib_1618 -> Chat: and we are now challenging the corrective highs of the last two months
2011-10-11 16:49:10 [Message] fib_1618 -> Chat: breadth, however, is not really confirming the recent race to these highs
2011-10-11 16:49:25 [Message] fib_1618 -> Chat: so some sort of backing and filling might be necessary before proceeding
2011-10-11 16:49:39 [Message] fib_1618 -> Chat: plus we're at the MCSUM zero line
2011-10-11 16:50:19 [Message] fib_1618 -> Chat: so sort of resistance here is usual and customary after being below this same line of neutrality for the last two months
2011-10-11 16:50:52 [Message] fib_1618 -> Chat: the XLP breadth MCSUM, however, remains in great shape here
2011-10-11 16:51:00 [Message] fib_1618 -> Chat: and today has generated a buy signal after moving above its +250 level
2011-10-11 16:51:24 [Message] fib_1618 -> Chat: the other item of note here with this buy signal
2011-10-11 16:51:39 [Message] fib_1618 -> Chat: is the way the pattern found good support at its MCSUM zero line
2011-10-11 16:52:12 [Message] fib_1618 -> Chat: and given that this is part of our defensive group where money will usually move into first when we have the prospects of a bottom
2011-10-11 16:52:31 [Message] fib_1618 -> Chat: this sector is giving an all clear here
2011-10-11 16:53:03 [Message] fib_1618 -> Chat: small point change on the XLE breadth MCO
2011-10-11 16:53:32 [Message] fib_1618 -> Chat: but with the XLE breadth MCSUM so far under water here
2011-10-11 16:53:52 [Message] fib_1618 -> Chat: this sector remains something to watch than to trade on the long side
2011-10-11 16:54:32 [Message] fib_1618 -> Chat: with the double bottom here on the MCSUM suggesting that the downside from here has become a lower probability
2011-10-11 16:54:51 [Message] fib_1618 -> Chat: price pattern wise
2011-10-11 16:55:20 [Message] fib_1618 -> Chat: snapback now complete from where we saw the large pattern gap to the downside
2011-10-11 16:55:37 [Message] fib_1618 -> Chat: so if there's going to be a sector that will lead to one final wash out this will probably be one of them
2011-10-11 16:56:20 [Message] fib_1618 -> Chat: the XLF internals continue to improve
2011-10-11 16:56:59 [Message] fib_1618 -> Chat: but we still have a series of lower tops and higher bottoms here on the XLF breadth MCO forming another triangle
2011-10-11 16:57:47 [Message] fib_1618 -> Chat: but the recent move above the MCO zero line on the XLF is allowing the XLF breadth MCSUM to become move balanced between buyers and sellers
2011-10-11 16:58:17 [Message] fib_1618 -> Chat: might want to look at issues in this sector that have been dramatically depressed during this correction
2011-10-11 16:58:28 [Message] fib_1618 -> Chat: MS for one
2011-10-11 16:58:32 [Message] fib_1618 -> Chat: even BAC
2011-10-11 16:59:09 [Message] fib_1618 -> Chat: but MS at 15 is probably a steal here
2011-10-11 17:00:16 [Message] fib_1618 -> Chat: should utilize the PMO rankings at DP for further insight before putting any money to work in this sector
2011-10-11 17:00:47 [Message] fib_1618 -> Chat: the XLV breadth MCSUM is back above its zero line as well
2011-10-11 17:01:04 [Message] fib_1618 -> Chat: which would compliment the defensive sector ideas mentioned earlier
2011-10-11 17:01:05 [Message] fib_1618 -> Chat: but here we are up against what was horizontal support in the XLV breadth MCSUM
2011-10-11 17:02:21 [Message] fib_1618 -> Chat: so a "show me" move above the +250 MCSUM level, with a higher highs in the MCO, would be pretty much all one would need to put this sector back on a buy
2011-10-11 17:02:50 [Message] fib_1618 -> Chat: the XLI breadth MCSUM is now just above its zero line
2011-10-11 17:02:57 [Message] fib_1618 -> Chat: so one side is about to take control here as well
2011-10-11 17:03:05 [Message] fib_1618 -> Chat: but more than likely
2011-10-11 17:03:21 [Message] fib_1618 -> Chat: given the discrepancies noted on the broader market MCSUM's
2011-10-11 17:03:42 [Message] fib_1618 -> Chat: the better expectation here is for some sort of pause before proceeding
2011-10-11 17:04:21 [Message] fib_1618 -> Chat: even the XLB breadth MCSUM is back above its -500 level
2011-10-11 17:04:43 [Message] fib_1618 -> Chat: so we'll have to watch to see if the metals are bottoming here
2011-10-11 17:04:51 [Message] fib_1618 -> Chat: silver looks like a bottom
2011-10-11 17:04:53 [Message] fib_1618 -> Chat: copper too
2011-10-11 17:05:03 [Message] fib_1618 -> Chat: gold could use another test
2011-10-11 17:05:14 [Message] fib_1618 -> Chat: but there's so much liquidity being injected here
2011-10-11 17:05:28 [Message] fib_1618 -> Chat: we just don't know if another test is even needed
2011-10-11 17:06:09 [Message] fib_1618 -> Chat: the XLK price pattern closed at its highest levels since the August crash
2011-10-11 17:06:18 [Message] fib_1618 -> Chat: but the MCO is not confirming the breakout
2011-10-11 17:06:39 [Message] fib_1618 -> Chat: and the XLK breadth MCSUM is approaching its zero line
2011-10-11 17:06:51 [Message] fib_1618 -> Chat: so unless the bulls really step it up here
2011-10-11 17:07:08 [Message] fib_1618 -> Chat: we're going to see some sort of snapback within the range
2011-10-11 17:07:58 [Message] fib_1618 -> Chat: and the XLU breadth MCSUM has now tested its +250 level after breaking above it last week
2011-10-11 17:08:21 [Message] fib_1618 -> Chat: so we "should" see it continue to improve this week
2011-10-11 17:08:27 [Message] fib_1618 -> Chat: given it's structure and that the other defensive issues continue to build on their buy signals
2011-10-11 17:09:18 [Message] fib_1618 -> Chat: zero line test today on the XLU makes the near term somewhat important to the overall structure as well
2011-10-11 17:09:33 [Message] fib_1618 -> Chat: no less the series of declining tops on the MCO itself
2011-10-11 17:09:42 [Message] fib_1618 -> Chat: so...we continue to improve
2011-10-11 17:09:46 [Message] fib_1618 -> Chat: more to the point
2011-10-11 17:09:59 [Message] fib_1618 -> Chat: the bears continue to lose any control that they might have had back in August
2011-10-11 17:10:11 [Message] fib_1618 -> Chat: and now the odds are beginning to pile on in the bulls favor
2011-10-11 17:10:40 [Message] fib_1618 -> Chat: ideally, one more shake out would probably bring everything into better sync here
2011-10-11 17:10:42 [Message] fib_1618 -> Chat: but again
2011-10-11 17:10:49 [Message] fib_1618 -> Chat: we have so much money sloshing around there
2011-10-11 17:11:07 [Message] fib_1618 -> Chat: that it could be that we could see the internals play catch up this time around
2011-10-11 17:11:20 [Message] thespookyone -> Chat: why are the tops below tops on the MCO positive?
2011-10-11 17:11:34 [Message] fib_1618 -> Chat: though it would be highly unusual for something like this to happen regardless of monetary policy
2011-10-11 17:11:51 [Message] fib_1618 -> Chat: did I say that?
2011-10-11 17:11:54 [Message] fib_1618 -> Chat: let me see
2011-10-11 17:12:13 [Message] fib_1618 -> Chat: ah
2011-10-11 17:12:15 [Message] fib_1618 -> Chat: yes
2011-10-11 17:12:17 [Message] fib_1618 -> Chat: in this case
2011-10-11 17:12:27 [Message] fib_1618 -> Chat: they are bullish as long as we remain above the zero line
2011-10-11 17:12:29 [Message] fib_1618 -> Chat: remember
2011-10-11 17:12:34 [Message] fib_1618 -> Chat: think of the shuttle
2011-10-11 17:12:50 [Message] fib_1618 -> Chat: we get our largest burst of energy outflows when we leave the pad
2011-10-11 17:13:22 [Message] fib_1618 -> Chat: but we don't need as much fuel to move the vehicle forward the higher we move away from the bear market default (gravity)
2011-10-11 17:13:40 [Message] fib_1618 -> Chat: so there's always going to be divergence in either direction
2011-10-11 17:14:03 [Message] fib_1618 -> Chat: if there is a problem with the XLU
2011-10-11 17:14:21 [Message] fib_1618 -> Chat: is that we did move to "oversold" before this last top and ensuing zero line test today
2011-10-11 17:14:51 [Message] fib_1618 -> Chat: but that -50 level was a point of support to the velocity in which money was moving in and our of this sector
2011-10-11 17:15:14 [Message] fib_1618 -> Chat: to be sure
2011-10-11 17:15:27 [Message] fib_1618 -> Chat: until the XLU breadth MCSUM moves above the +500 level
2011-10-11 17:15:38 [Message] fib_1618 -> Chat: we're still not quite out of the woods there
2011-10-11 17:15:44 [Message] darris -> Chat: fib_1618 are you a fan or a follower of the Zweig breadth thrust indicator? if so, there is a very high probability that we will get one in the next for days if the advancing breadth is around 0.60 or so on average the next four days.
2011-10-11 17:16:12 [Message] fib_1618 -> Chat: thanks for that Darris
2011-10-11 17:16:21 [Message] fib_1618 -> Chat: am I fan?
2011-10-11 17:16:33 [Message] fib_1618 -> Chat: not as much as I was before decimalization
2011-10-11 17:16:41 [Message] fib_1618 -> Chat: no less
2011-10-11 17:16:51 [Message] fib_1618 -> Chat: computer trading
2011-10-11 17:17:31 [Message] fib_1618 -> Chat: we tend to get so many 9:1 and 10:1 thrusts in both directions now (thanks to not having the up tick rule anymore)
2011-10-11 17:17:33 [Message] darris -> Chat: Good point, but any more one sided days the next 4 days to the upside, and it will be a slam dunk as far as the math goes
2011-10-11 17:18:11 [Message] darris -> Chat: We are dropping off 3 very low breadth days out of the next 4
2011-10-11 17:18:17 [Message] fib_1618 -> Chat: that the thrust still works, but I would be open to "adjusting" the criteria to fit the current animal
2011-10-11 17:18:29 [Message] fib_1618 -> Chat: sort of like the TRIN
2011-10-11 17:19:19 [Message] fib_1618 -> Chat: a lot of the old thrust theories also had their basis of only buying a selective basket of stocks at one time
2011-10-11 17:19:26 [Message] darris -> Chat: I read an article someone posted at TT about one sided days, and yes, the last 4 years have seen them grow substantially and this year will probably be another record
2011-10-11 17:19:59 [Message] fib_1618 -> Chat: now with ETF's and electronic trading, I don't know if Zweig has as much of an impact as it has in the past
2011-10-11 17:20:23 [Message] fib_1618 -> Chat: yes...there's just too many for it to be meaningful
2011-10-11 17:20:27 [Message] fib_1618 -> Chat: look at August
2011-10-11 17:20:37 [Message] fib_1618 -> Chat: wasn't there a Zweig thrust then?
2011-10-11 17:20:46 [Message] fib_1618 -> Chat: also last Spring?
2011-10-11 17:21:16 [Message] darris -> Chat: brb, let me ck.  what index would you prefer I look at NYSE or NYA commons only, or spx?
2011-10-11 17:21:48 [Message] fib_1618 -> Chat: Do anyone know if Marty has made any comments on the subject of late?
2011-10-11 17:22:19 [Message] fib_1618 -> Chat: let's look at the broadest measure and what Marty and Norman Fosback would had used...the NYAD
2011-10-11 17:22:51 [Message] fib_1618 -> Chat: (is Marty still alive ?)
2011-10-11 17:22:56 [Message] darris -> Chat: No, I thought someone named appel had modified the work and was publishing something occasionally
2011-10-11 17:23:08 [Message] fib_1618 -> Chat: good...he is...whew
2011-10-11 17:23:09 [Message] darris -> Chat: Yes, I was wondering if he was still alive myself
2011-10-11 17:23:23 [Message] fib_1618 -> Chat: I only see that he was born
2011-10-11 17:23:26 [Message] fib_1618 -> Chat: no death
2011-10-11 17:23:49 [Message] fib_1618 -> Chat: he'll be 70 next year
2011-10-11 17:24:00 [Message] fib_1618 -> Chat: how time has passed
2011-10-11 17:24:12 [Message] fib_1618 -> Chat: remember him on Wall Street Week in the 80's?
2011-10-11 17:24:25 [Message] fib_1618 -> Chat: what was that indicator?
2011-10-11 17:24:53 [Message] fib_1618 -> Chat: WS indicator?
2011-10-11 17:24:56 [Message] fib_1618 -> Chat: the "elves"
2011-10-11 17:25:08 [Message] fib_1618 -> Chat: anyway
2011-10-11 17:25:52 [Message] fib_1618 -> Chat: I would venture to guess without doing any research that the Zweig thrusts of the last 4 years have it had tough going
2011-10-11 17:25:55 [Message] fib_1618 -> Chat: you know
2011-10-11 17:26:00 [Message] fib_1618 -> Chat: Randy would have the data
2011-10-11 17:26:14 [Message] fib_1618 -> Chat: he did a post on it back in 2005 or 2006
2011-10-11 17:26:22 [Message] fib_1618 -> Chat: it's somewhere on the TW message board
2011-10-11 17:26:43 [Message] fib_1618 -> Chat: anyway...I'm going to move on to the volume McClellan's
2011-10-11 17:27:19 [Message] darris -> Chat: after Aug 8th, on the NYSE composite, nearly 3000+ issues, it went from 27.7% to 52.5%.  That 10 day low on Aug 8th was one of the lowest in 85 years using Randy's Breadth data base from 1926
2011-10-11 17:27:49 [Message] fib_1618 -> Chat: yea...and the traditional MCO moved to all time lows too
2011-10-11 17:27:54 [Message] fib_1618 -> Chat: the problem today
2011-10-11 17:28:01 [Message] fib_1618 -> Chat: is that we have so many more issues that trade
2011-10-11 17:28:12 [Message] fib_1618 -> Chat: and that can have an effect on the data
2011-10-11 17:28:27 [Message] fib_1618 -> Chat: maybe smoothing it out might be a better way to look at this
2011-10-11 17:29:18 [Message] fib_1618 -> Chat: it would be something to play with though
2011-10-11 17:29:21 [Message] darris -> Chat: March 2009 went from 39.5% to 68.7%
2011-10-11 17:30:01 [Message] fib_1618 -> Chat: and much of what this tool gives us us our most punch 3-6 months out?
2011-10-11 17:30:17 [Message] fib_1618 -> Chat: I don't even remember
2011-10-11 17:30:24 [Message] darris -> Chat: Nov 2009 went from 37.6% to 61.1%
2011-10-11 17:30:38 [Message] fib_1618 -> Chat: so, I guess, it still works
2011-10-11 17:31:00 [Message] fib_1618 -> Chat: but for it to be important...maybe it needs to be "adjusted"
2011-10-11 17:31:08 [Message] fib_1618 -> Chat: ratio adjusted?
2011-10-11 17:31:14 [Message] darris -> Chat: Feb 2010 went from 37.5% to 54.1%
2011-10-11 17:31:52 [Message] darris -> Chat: June 2010 went from 35.5% to 53%
2011-10-11 17:32:43 [Message] fib_1618 -> Chat: things for sure
2011-10-11 17:32:44 [Message] darris -> Chat: July 2010 went from 38.6% to 62.5%
2011-10-11 17:33:07 [Message] fib_1618 -> Chat: these pumps did move the markets higher
2011-10-11 17:33:09 [Message] fib_1618 -> Chat: so, yes,
2011-10-11 17:33:15 [Message] fib_1618 -> Chat: if we get another one
2011-10-11 17:33:24 [Message] fib_1618 -> Chat: it should be respected for what it may imply
2011-10-11 17:33:27 [Message] fib_1618 -> Chat: but keep in mind
2011-10-11 17:33:34 [Message] fib_1618 -> Chat: there's no instant gratification (generally speaking)
2011-10-11 17:34:18 [Message] darris -> Chat: Oct 3rd 2011 started from 39.951%, so just barely went below 40%. 4 more days to go before the final verdict is in
2011-10-11 17:34:22 [Message] fib_1618 -> Chat: anybody notice something on these percentages?
2011-10-11 17:34:36 [Message] fib_1618 -> Chat: thanks for bringing this up
2011-10-11 17:34:53 [Message] fib_1618 -> Chat: we'll have to watch this...maybe you can report on it on Thursday?
2011-10-11 17:34:59 [Message] darris -> Chat: When we had this discussion with the guy at TT he was following the spx.  It had a big one on March 30th 2011, but the NYSE composite did not
2011-10-11 17:35:31 [Message] darris -> Chat: Yes, I will notify you, as it could kick in in less than 10 days
2011-10-11 17:35:35 [Message] fib_1618 -> Chat: thanks
2011-10-11 17:35:39 [Message] fib_1618 -> Chat: and on the numbers
2011-10-11 17:35:52 [Message] fib_1618 -> Chat: interesting that they all seem to be within Fibonacci ratios
2011-10-11 17:35:56 [Message] fib_1618 -> Chat: .382 to .618
2011-10-11 17:36:23 [Message] fib_1618 -> Chat: any way...onward
2011-10-11 17:36:29 [Message] darris -> Chat: LOL, I did not notice, LOL  Some say we should use .666 but that is evil, LOL
2011-10-11 17:36:37 [Message] fib_1618 -> Chat:
2011-10-11 17:36:49 [Message] fib_1618 -> Chat: the larger the spread
2011-10-11 17:36:52 [Message] fib_1618 -> Chat: the more the push
2011-10-11 17:37:03 [Message] fib_1618 -> Chat: or more aptly speaking
2011-10-11 17:37:12 [Message] fib_1618 -> Chat: the better the thrust off the launch pad
2011-10-11 17:37:29 [Message] fib_1618 -> Chat: one things for sure
2011-10-11 17:37:54 [Message] fib_1618 -> Chat: something special will need to happen just so we can break above the declining tops line on the NYAD line
2011-10-11 17:38:05 [Message] fib_1618 -> Chat: and that could be part of the whole thrust issue
2011-10-11 17:38:14 [Message] fib_1618 -> Chat: we'll see
2011-10-11 17:38:33 [Message] fib_1618 -> Chat: small point change on the CO NYSE volume MCO
2011-10-11 17:38:52 [Message] fib_1618 -> Chat: and we're now above the -500 level on the CO NYSE volume MCSUM
2011-10-11 17:38:58 [Message] fib_1618 -> Chat: so we're getting some confirmation here
2011-10-11 17:39:25 [Message] fib_1618 -> Chat: small point change as well on the composite volume MCO
2011-10-11 17:39:39 [Message] fib_1618 -> Chat: with the NYSE composite volume MCSUM leading breadth to the upside
2011-10-11 17:39:48 [Message] fib_1618 -> Chat: which is what we want to see happen for our bottom
2011-10-11 17:40:07 [Message] fib_1618 -> Chat: small point change as well on the NASDAQ volume MCO
2011-10-11 17:40:20 [Message] fib_1618 -> Chat: with the NASDAQ volume MCSUM up against prior resistance
2011-10-11 17:40:28 [Message] fib_1618 -> Chat: volume is looking good here
2011-10-11 17:40:40 [Message] fib_1618 -> Chat: in spite of the worry that it's somehow "too low" to be important
2011-10-11 17:41:01 [Message] fib_1618 -> Chat: another small point change here on the NDX volume MCO
2011-10-11 17:41:37 [Message] fib_1618 -> Chat: and the NDX volume MCSUM is moving in sync with its breadth cousin here moving above its zero line today
2011-10-11 17:41:55 [Message] fib_1618 -> Chat: another small point change in the SPX
2011-10-11 17:42:32 [Message] fib_1618 -> Chat: and we're getting very good post expansion now to the upside in the SPX volume MCSUM
2011-10-11 17:42:57 [Message] fib_1618 -> Chat: and really good upside expansion on the OEX volume MCSUM
2011-10-11 17:43:16 [Message] fib_1618 -> Chat: small point change on the Dow volume MCO
2011-10-11 17:43:22 [Message] fib_1618 -> Chat: good MCSUM post expansion here too
2011-10-11 17:43:34 [Message] fib_1618 -> Chat: also on the MID
2011-10-11 17:43:55 [Message] fib_1618 -> Chat: and a breakout to new highs on the MID volume MCSUM
2011-10-11 17:44:13 [Message] fib_1618 -> Chat: same with the SML breadth MCSUM
2011-10-11 17:44:32 [Message] fib_1618 -> Chat: and a small point change on the TM volume MCO
2011-10-11 17:44:47 [Message] fib_1618 -> Chat: with the TM volume MCSUM more than likely moving to higher highs tomorrow
2011-10-11 17:44:48 [Message] fib_1618 -> Chat: so...
2011-10-11 17:44:52 [Message] fib_1618 -> Chat: if you're short here
2011-10-11 17:45:00 [Message] fib_1618 -> Chat: be very careful
2011-10-11 17:45:21 [Message] fib_1618 -> Chat: as we now getting good bullish conviction as measured by volume plurality
2011-10-11 17:45:29 [Message] fib_1618 -> Chat: and as long as this leads
2011-10-11 17:45:52 [Message] fib_1618 -> Chat: we must be open to the probability that the lows we saw last Tuesday are, in fact, our correctional lows
2011-10-11 17:46:26 [Message] fib_1618 -> Chat: where only a retest of these same lows is the best option for both sides
2011-10-11 17:46:35 [Message] fib_1618 -> Chat: this is tough
2011-10-11 17:47:11 [Message] fib_1618 -> Chat: but this problem with the broader market breadth MCSUM's still allows for one more swoon here
2011-10-11 17:47:48 [Message] fib_1618 -> Chat: now...let's see what these small point changes in the volume MCO's might look like in the next couple of days
2011-10-11 17:48:33 [Message] fib_1618 -> Chat: CVI's are now churning
2011-10-11 17:48:38 [Message] fib_1618 -> Chat: no real help there
2011-10-11 17:48:48 [Message] fib_1618 -> Chat: STVO's are "overbought"
2011-10-11 17:49:03 [Message] fib_1618 -> Chat: so that puts the weight of these small point changes to a downside resolution
2011-10-11 17:49:37 [Message] fib_1618 -> Chat: and the VTO's are showing that a trend to the upside might be getting underway
2011-10-11 17:50:13 [Message] fib_1618 -> Chat: overall then....
2011-10-11 17:50:26 [Message] fib_1618 -> Chat: if we look at the price charts shown with the volume oscillators
2011-10-11 17:50:45 [Message] fib_1618 -> Chat: all we have for now...with all of this continued mix of indicators here
2011-10-11 17:50:58 [Message] fib_1618 -> Chat: is that we have expanded the horizontal trading range
2011-10-11 17:51:00 [Message] fib_1618 -> Chat: for the SPX
2011-10-11 17:51:14 [Message] fib_1618 -> Chat: 1100/1200 is the range there
2011-10-11 17:51:29 [Message] fib_1618 -> Chat: for the OEX 500/540
2011-10-11 17:51:51 [Message] fib_1618 -> Chat: for the Dow 10,600/11,500
2011-10-11 17:52:07 [Message] fib_1618 -> Chat: for the NDX 2025/2300
2011-10-11 17:52:24 [Message] fib_1618 -> Chat: and until we get a breakout here
2011-10-11 17:52:30 [Message] fib_1618 -> Chat: we're pretty much still stuck
2011-10-11 17:52:56 [Message] fib_1618 -> Chat: and since we are now "overbought" short term via the STVO
2011-10-11 17:53:08 [Message] fib_1618 -> Chat: it may be time for a trip in the other direction again
2011-10-11 17:53:29 [Message] fib_1618 -> Chat: kind of gives the feeling that we're might be stuck for another couple of weeks
2011-10-11 17:53:37 [Message] fib_1618 -> Chat: could change tomorrow
2011-10-11 17:53:46 [Message] fib_1618 -> Chat: but that's the best the data is giving me here
2011-10-11 17:54:02 [Message] fib_1618 -> Chat: NYSE TRIN at .93
2011-10-11 17:54:11 [Message] fib_1618 -> Chat: Open 10 at .99
2011-10-11 17:54:24 [Message] fib_1618 -> Chat: on the door step of being minimally "oversold"
2011-10-11 17:54:41 [Message] fib_1618 -> Chat: NASDAQ TRIN at .99
2011-10-11 17:54:49 [Message] fib_1618 -> Chat: Open 10 at .94
2011-10-11 17:55:02 [Message] fib_1618 -> Chat: TM TRIN at .92
2011-10-11 17:55:12 [Message] fib_1618 -> Chat: Open 10 at .96
2011-10-11 17:55:15 [Message] fib_1618 -> Chat: so....
2011-10-11 17:55:27 [Message] fib_1618 -> Chat: the Open 10's are not "overbought"
2011-10-11 17:55:46 [Message] fib_1618 -> Chat: but they are "oversold" enough to keep things from falling apart
2011-10-11 17:55:55 [Message] fib_1618 -> Chat: tough call here
2011-10-11 17:56:08 [Message] fib_1618 -> Chat: ideas?
2011-10-11 17:57:07 [Message] thespookyone -> Chat: if we bottomed ,we WILL go retest it, imho
2011-10-11 17:57:18 [Message] fib_1618 -> Chat: or at least retrace
2011-10-11 17:57:29 [Message] fib_1618 -> Chat: but if we've run out of sellers
2011-10-11 17:57:36 [Message] fib_1618 -> Chat: we don't need to challenge
2011-10-11 17:57:41 [Message] fib_1618 -> Chat: just shake people up
2011-10-11 17:57:57 [Message] fib_1618 -> Chat: sort of like a 2nd wave
2011-10-11 17:58:01 [Message] thespookyone -> Chat: 1st wave off the bottom, the retrace would be a fair one-oils can easily take us
2011-10-11 17:58:08 [Message] fib_1618 -> Chat: make if "feel" worse than it is but at a higher level
2011-10-11 17:58:14 [Message] thespookyone -> Chat: yes, I'm feeling 2nd wave
2011-10-11 17:58:44 [Message] fib_1618 -> Chat: maybe push it back to the 1125 level...
2011-10-11 17:58:47 [Message] thespookyone -> Chat: and, I'm hallucinating a finished ending diagonal behind us, fwiw
2011-10-11 17:59:00 [Message] fib_1618 -> Chat: what time period?
2011-10-11 17:59:09 [Message] thespookyone -> Chat: daily
2011-10-11 17:59:16 [Message] thespookyone -> Chat: it's sloppy, but...
2011-10-11 17:59:24 [Message] fib_1618 -> Chat: sloppy it is
2011-10-11 17:59:27 [Message] fib_1618 -> Chat: maybe
2011-10-11 17:59:42 [Message] fib_1618 -> Chat: I'm going to wait for more information before I give a count here
2011-10-11 17:59:44 [Message] fib_1618 -> Chat: at this point
2011-10-11 17:59:58 [Message] fib_1618 -> Chat: we've done what we needed to see for a "B" wave
2011-10-11 18:00:12 [Message] fib_1618 -> Chat: though the structure isn't quite right
2011-10-11 18:00:15 [Message] fib_1618 -> Chat: the internals have been
2011-10-11 18:01:02 [Message] fib_1618 -> Chat: let's also keep in mind
2011-10-11 18:01:15 [Message] fib_1618 -> Chat: that this is our "ideal" week for a tradable bottom
2011-10-11 18:01:19 [Message] fib_1618 -> Chat: so we'll see how it goes
2011-10-11 18:01:32 [Message] thespookyone -> Chat: all those moves looked abc, the 4 would have overlapped the 1, the 5 would have broken the bottom trendline ove the 1 and 3-just saying....
2011-10-11 18:01:45 [Message] fib_1618 -> Chat: can't disagree
2011-10-11 18:01:54 [Message] fib_1618 -> Chat: but we have to let the pattern unwind here
2011-10-11 18:02:03 [Message] thespookyone -> Chat: and, given the situation and reversal...
2011-10-11 18:02:04 [Message] fib_1618 -> Chat: and since we blew out 1175 yesterday
2011-10-11 18:02:13 [Message] fib_1618 -> Chat: I'm not going to walk in front of that train
2011-10-11 18:02:24 [Message] thespookyone -> Chat: oh, I'm waiting-but looking for my next ponys, LOL
2011-10-11 18:02:35 [Message] fib_1618 -> Chat: yesterday was not expected
2011-10-11 18:02:42 [Message] fib_1618 -> Chat: maybe a little rally
2011-10-11 18:02:45 [Message] fib_1618 -> Chat: but not 3%
2011-10-11 18:03:19 [Message] fib_1618 -> Chat: this sends a resounding message that we are, in fact, close to or already have, bottomed
2011-10-11 18:03:54 [Message] fib_1618 -> Chat: one thing I'm quite sure of
2011-10-11 18:04:04 [Message] fib_1618 -> Chat: by the end of next week we will know for sure
2011-10-11 18:04:18 [Message] fib_1618 -> Chat: anything else?
2011-10-11 18:04:27 [Message] thespookyone -> Chat: yes, I'm watching how individual stocks are patterning and behaving-some have VERY clear 5's off the bottom
2011-10-11 18:04:35 [Message] fib_1618 -> Chat: not only that
2011-10-11 18:04:44 [Message] fib_1618 -> Chat: they have very clear 5's into last week's lows
2011-10-11 18:04:47 [Message] thespookyone -> Chat: when they correct, I'm probably real interested
2011-10-11 18:04:50 [Message] darris -> Chat: BPs and PMMs have exploded to the upside the last two days.  I see a lot of real money still short at proshares and think the options data shows the puts were loaded up on.
2011-10-11 18:05:08 [Message] fib_1618 -> Chat: oh yea
2011-10-11 18:05:11 [Message] fib_1618 -> Chat: that reminds me
2011-10-11 18:05:18 [Message] fib_1618 -> Chat: with the 300 point Dow rally yesterday
2011-10-11 18:05:27 [Message] fib_1618 -> Chat: the ISEE number was something like 65
2011-10-11 18:05:35 [Message] fib_1618 -> Chat: I just laughed out loud!
2011-10-11 18:05:40 [Message] thespookyone -> Chat: I think the key Darris is they might not let off-creating a decent length rally
2011-10-11 18:06:00 [Message] fib_1618 -> Chat: one of these times
2011-10-11 18:06:03 [Message] fib_1618 -> Chat: and it maybe this time
2011-10-11 18:06:20 [Message] fib_1618 -> Chat: all of this shorting and put buying at the top of the range is going to be wrong
2011-10-11 18:06:38 [Message] fib_1618 -> Chat: just like all the call buying was at 1120 before we broke lower last week
2011-10-11 18:07:12 [Message] thespookyone -> Chat: a correction, though, might amplify the put buying-what a fuel stocking..
2011-10-11 18:07:20 [Message] fib_1618 -> Chat: yeppers
2011-10-11 18:07:32 [Message] fib_1618 -> Chat: we just need a big price shake out
2011-10-11 18:07:40 [Message] fib_1618 -> Chat: with little in the way of movement in the breadth numbers
2011-10-11 18:07:46 [Message] fib_1618 -> Chat: and THAT should do it
2011-10-11 18:07:47 [Message] darris -> Chat: Jeff Hirsch at the almanac, has had the hot hand this year, and is pushing the MACD October buy that signaled last week.  Maybe Thursday
2011-10-11 18:08:06 [Message] fib_1618 -> Chat: not going to argue
2011-10-11 18:08:08 [Message] fib_1618 -> Chat: there are many areas saying bottom here...we just need some additional confirmation that the any rally will be able to hold its structure
2011-10-11 18:08:15 [Message] fib_1618 -> Chat: we all see what's going on here
2011-10-11 18:08:28 [Message] fib_1618 -> Chat: and we all know that the MCSUM suggested this to be the window for a bottom
2011-10-11 18:08:38 [Message] fib_1618 -> Chat: we just have some quirks to work out
2011-10-11 18:08:48 [Message] fib_1618 -> Chat: in any event
2011-10-11 18:08:51 [Message] fib_1618 -> Chat: I'm going to take off
2011-10-11 18:08:58 [Message] fib_1618 -> Chat: everyone have a great couple of days
2011-10-11 18:09:05 [Message] fib_1618 -> Chat: and we'll see how things are on Thursday
2011-10-11 18:09:05 [Message] thespookyone -> Chat: thx
2011-10-11 18:09:07 [Message] tracca -> Chat: thank you
2011-10-11 18:09:08 [Message] fib_1618 -> Chat: good night
2011-10-11 18:10:06 [Message] darris -> Chat: In many ways, the big up and down after the 20% correction into Aug 8th is very similar to the summer of 2010, but that lasted a lot longer.  Here we are just over a couple of months or 10 weeks since we rolled over into the Aug 8th crash event.
2011-10-11 18:11:49 [Message] darris -> Chat: The DAX has a lot of similarities to the spx 1987 crash wave as well.  especially in time now.

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