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fib_1618

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Posts: 4,418
Reply with quote  #1 
2014-11-24 15:59:52 [Message] fib_1618 -> Chat: good day
2014-11-24 15:59:54 [Message] fib_1618 -> Chat: how is everyone?
2014-11-24 16:00:19 [Message] rite01 -> Chat: Great here and
2014-11-24 16:00:55 [Message] rite01 -> Chat: Liked "Scott Sterling the Legend" video must be
2014-11-24 16:01:21 [Message] fib_1618 -> Chat: just hysterical...wasn't it? lol
2014-11-24 16:01:39 [Message] rite01 -> Chat: what the shorts are feeling
2014-11-24 16:01:54 [Message] rite01 -> Chat: Yes it was
2014-11-24 16:04:20 [Message] fib_1618 -> Chat: I think I doubled over when they brought in the chair!
2014-11-24 16:04:58 [Message] rite01 -> Chat: I liked when he looked back while lying down and he still stopped it
2014-11-24 16:05:24 [Message] fib_1618 -> Chat: ha!
2014-11-24 16:05:33 [Message] fib_1618 -> Chat: OK...any questions or comments before we get started??
2014-11-24 16:05:40 [Message] fib_1618 -> Chat: and for others who are not following
2014-11-24 16:05:56 [Message] fib_1618 -> Chat: I posted a video in my signature on TT over the weekend that's worth your time to review [smile]
2014-11-24 16:07:24 [Message] fib_1618 -> Chat: OK...let's get SC up and get started
2014-11-24 16:07:57 [Message] fib_1618 -> Chat: after bouncing just below the zero line last week
2014-11-24 16:08:19 [Message] fib_1618 -> Chat: the NYSE CO breadth MCO moved above its highs of last week today
2014-11-24 16:08:42 [Message] fib_1618 -> Chat: clearing the way for the NYA index to move to, and eventually above, the all time highs
2014-11-24 16:09:02 [Message] fib_1618 -> Chat: with this punch higher
2014-11-24 16:09:36 [Message] fib_1618 -> Chat: you can see the momentum that was generated by today's gap expansion to the upside in the NYSE CO breadth MCSUM
2014-11-24 16:10:01 [Message] fib_1618 -> Chat: and remembering the position of the CO AD line from this past weekend's breadth data
2014-11-24 16:10:24 [Message] fib_1618 -> Chat: it's a pretty good bet that we also broke above the declining tops line which has been controlling that pattern since the summer
2014-11-24 16:10:32 [Message] fib_1618 -> Chat: in fact...give me a moment and I'll check it out
2014-11-24 16:11:16 [Message] fib_1618 -> Chat: looks like its right on the line
2014-11-24 16:11:36 [Message] fib_1618 -> Chat: so any breakout here is likely to have quite a bit of punch behind it
2014-11-24 16:11:47 [Message] fib_1618 -> Chat: so it should be a nice up day on Tuesday
2014-11-24 16:11:54 [Message] rite01 -> Chat: All my MCO indicators have not updated for today's trading they have for everything else but not MCO's
2014-11-24 16:12:23 [Message] fib_1618 -> Chat: checking
2014-11-24 16:12:35 [Message] fib_1618 -> Chat: YOU are right!
2014-11-24 16:13:03 [Message] fib_1618 -> Chat: so...we'll use the recent review and apply it to Friday
2014-11-24 16:13:17 [Message] rite01 -> Chat: Sound good
2014-11-24 16:13:18 [Message] fib_1618 -> Chat: that's not a good thing...let me look around and see if anything has updated
2014-11-24 16:14:06 [Message] fib_1618 -> Chat: [frown]
2014-11-24 16:14:29 [Message] fib_1618 -> Chat: none of the DP related stuff is updated
2014-11-24 16:14:47 [Message] fib_1618 -> Chat: but it was a good day on Friday [smile]
2014-11-24 16:15:17 [Message] fib_1618 -> Chat: give me a moment and let me send a note off to Carl and see if he has any idea when things will be updated
2014-11-24 16:15:19 [Message] fib_1618 -> Chat: brb
2014-11-24 16:17:34 [Message] fib_1618 -> Chat: OK...note sent
2014-11-24 16:17:46 [Message] fib_1618 -> Chat: let's hope for a quick reply
2014-11-24 16:17:51 [Message] fib_1618 -> Chat: in the meantime
2014-11-24 16:18:01 [Message] fib_1618 -> Chat: let me see how wide spread this problem might be
2014-11-24 16:18:40 [Message] fib_1618 -> Chat: the cumulative charts are updated
2014-11-24 16:18:42 [Message] fib_1618 -> Chat: one sec
2014-11-24 16:19:15 [Message] fib_1618 -> Chat: the NAAD line is back up to its 1% Trend (200 day EMA) today
2014-11-24 16:19:29 [Message] fib_1618 -> Chat: a break above that would be a highly bullish event
2014-11-24 16:19:36 [Message] fib_1618 -> Chat: and if today's muscle is any indication
2014-11-24 16:19:51 [Message] fib_1618 -> Chat: me thinks the NASDAQ is now on a mission to move to new all time highs by the end of the year
2014-11-24 16:20:14 [Message] fib_1618 -> Chat: price charts are updated
2014-11-24 16:20:20 [Message] fib_1618 -> Chat: just not the analytical tools
2014-11-24 16:20:23 [Message] fib_1618 -> Chat: one moment
2014-11-24 16:21:30 [Message] rite01 -> Chat: Record  highs for NASDAQ just in time for the 2000 Y2K anniversary - how cool is that?
2014-11-24 16:22:09 [Message] fib_1618 -> Chat: [smile]
2014-11-24 16:22:12 [Message] fib_1618 -> Chat: might be
2014-11-24 16:22:32 [Message] fib_1618 -> Chat: though I wouldn't be surprised if we're real close by December OPEX which is the 19th
2014-11-24 16:22:50 [Message] rite01 -> Chat: Just hope I didn't jinx it
2014-11-24 16:23:09 [Message] fib_1618 -> Chat: no one is listening to us
2014-11-24 16:23:28 [Message] fib_1618 -> Chat: we're in the "Room of Silence"
2014-11-24 16:23:42 [Message] fib_1618 -> Chat: buy point trigger on the XLE on Friday
2014-11-24 16:23:45 [Message] fib_1618 -> Chat: snapback today
2014-11-24 16:24:08 [Message] rite01 -> Chat: I notice I still have another chance
2014-11-24 16:24:40 [Message] fib_1618 -> Chat: the rest of the sector charts look good
2014-11-24 16:24:54 [Message] fib_1618 -> Chat: except the XLB which had a bit of a slip and fall today
2014-11-24 16:25:16 [Message] fib_1618 -> Chat: the SOX is getting close to its 683 upside objective that was given back in May
2014-11-24 16:25:31 [Message] fib_1618 -> Chat: back to the cums...one sec
2014-11-24 16:25:57 [Message] fib_1618 -> Chat: just took a look at breadth plurality today on the NASDAQ
2014-11-24 16:26:15 [Message] fib_1618 -> Chat: and there was enough for the NASDAQ breadth MCSUM to break above its declining tops line
2014-11-24 16:26:26 [Message] fib_1618 -> Chat: and we can assume that the CO NYSE AD line also did the same
2014-11-24 16:27:02 [Message] fib_1618 -> Chat: new all time highs in the NYAD line today
2014-11-24 16:27:07 [Message] fib_1618 -> Chat: just as expected
2014-11-24 16:27:31 [Message] fib_1618 -> Chat: new all time highs as well in both the NYUD and NAUD
2014-11-24 16:27:33 [Message] fib_1618 -> Chat: in fact
2014-11-24 16:27:48 [Message] fib_1618 -> Chat: the NAUD line is literally moving straight up right now
2014-11-24 16:27:50 [Message] fib_1618 -> Chat: that's power
2014-11-24 16:27:54 [Message] rite01 -> Chat: Was today a simple reversal day in the NYSE?
2014-11-24 16:28:28 [Message] fib_1618 -> Chat: in the NYA?
2014-11-24 16:28:38 [Message] fib_1618 -> Chat: nope...a pause after a large move
2014-11-24 16:28:43 [Message] fib_1618 -> Chat: a one day consolidation
2014-11-24 16:28:44 [Message] rite01 -> Chat: NYA yes
2014-11-24 16:28:57 [Message] fib_1618 -> Chat: we could see new all time highs as soon as tomorrow
2014-11-24 16:29:08 [Message] rite01 -> Chat: What was missing
2014-11-24 16:29:22 [Message] fib_1618 -> Chat: for a reversal?
2014-11-24 16:29:25 [Message] fib_1618 -> Chat: nothing
2014-11-24 16:29:33 [Message] fib_1618 -> Chat: it was an inside range day after a large run up
2014-11-24 16:29:52 [Message] fib_1618 -> Chat: we should see higher price highs on Tuesday
2014-11-24 16:29:58 [Message] rite01 -> Chat: yes for a one day reversal
2014-11-24 16:30:23 [Message] fib_1618 -> Chat: not sure I follow
2014-11-24 16:30:35 [Message] fib_1618 -> Chat: there was no reversal
2014-11-24 16:30:41 [Message] fib_1618 -> Chat: and I wouldn't expect one on Tuesday
2014-11-24 16:31:07 [Message] rite01 -> Chat: I'll have to go back to your notes on Range Trading days then
2014-11-24 16:31:13 [Message] fib_1618 -> Chat: not so much
2014-11-24 16:31:19 [Message] fib_1618 -> Chat: let me try and clarify
2014-11-24 16:31:31 [Message] fib_1618 -> Chat: range days happen within a trend in prices
2014-11-24 16:31:36 [Message] rite01 -> Chat: Key reversal's are the hardest to understand
2014-11-24 16:31:50 [Message] fib_1618 -> Chat: if you follow the guidelines, they're pretty simple
2014-11-24 16:32:06 [Message] fib_1618 -> Chat: remember that the "key" promotes a change in direction of longer term circumstances
2014-11-24 16:32:07 [Message] rite01 -> Chat: Easy for u to say
2014-11-24 16:32:11 [Message] fib_1618 -> Chat: [smile]
2014-11-24 16:32:43 [Message] fib_1618 -> Chat: there are 4 components that separate the reversal bar from that of being "regular" compared to being "key"
2014-11-24 16:32:56 [Message] fib_1618 -> Chat: the most important is that it has to occur at a futures contract high or low
2014-11-24 16:33:09 [Message] fib_1618 -> Chat: the next is that it should have well above average volume
2014-11-24 16:33:39 [Message] fib_1618 -> Chat: and third is that its open interest (another way to measure volume) must had been contracting going into the reversal
2014-11-24 16:33:51 [Message] fib_1618 -> Chat: the 4th..
2014-11-24 16:34:20 [Message] fib_1618 -> Chat: you must have a lower close (on a top) or a higher close (on a bottom) than the previous day's settlement
2014-11-24 16:34:26 [Message] fib_1618 -> Chat: today we closed higher in the NYA
2014-11-24 16:34:38 [Message] fib_1618 -> Chat: so right there it's not "key"
2014-11-24 16:34:44 [Message] rite01 -> Chat: Do you just eye ball average volume
2014-11-24 16:34:46 [Message] fib_1618 -> Chat: and it's not a reversal since we closed higher
2014-11-24 16:34:52 [Message] fib_1618 -> Chat: no
2014-11-24 16:35:02 [Message] fib_1618 -> Chat: I use a 34 day EMA for daily volume
2014-11-24 16:35:18 [Message] fib_1618 -> Chat: anything above that line is "above average"
2014-11-24 16:35:19 [Message] fib_1618 -> Chat: but remember
2014-11-24 16:35:41 [Message] fib_1618 -> Chat: the KEY Reversal had its birth in the futures market in the early 80's
2014-11-24 16:35:45 [Message] fib_1618 -> Chat: NOT the cash market
2014-11-24 16:35:56 [Message] fib_1618 -> Chat: this is why you have the guidelines just mentioned
2014-11-24 16:36:17 [Message] fib_1618 -> Chat: and this is the reason why key reversals happen so rarely
2014-11-24 16:36:31 [Message] rite01 -> Chat: the monthly futures or quarterly
2014-11-24 16:36:39 [Message] fib_1618 -> Chat: though people love the drama the word promotes when they say it
2014-11-24 16:36:43 [Message] fib_1618 -> Chat: daily
2014-11-24 16:36:46 [Message] fib_1618 -> Chat: always daily
2014-11-24 16:36:48 [Message] fib_1618 -> Chat: but
2014-11-24 16:36:53 [Message] fib_1618 -> Chat: it can lend itself to weekly
2014-11-24 16:37:00 [Message] fib_1618 -> Chat: monthly...not so much
2014-11-24 16:37:18 [Message] rite01 -> Chat: I mean the
2014-11-24 16:37:32 [Message] fib_1618 -> Chat: remember that a single price bar is not likely to happen in all 3 longer term time periods concurrently (daily, weekly, monthly)
2014-11-24 16:38:12 [Message] rite01 -> Chat: One second
2014-11-24 16:38:17 [Message] fib_1618 -> Chat: that's fine
2014-11-24 16:38:32 [Message] fib_1618 -> Chat: I'm going to review sectors in lieu of not having our data available
2014-11-24 16:38:43 [Message] fib_1618 -> Chat: looking for leading sectors
2014-11-24 16:39:02 [Message] fib_1618 -> Chat: Aerospace is doing well
2014-11-24 16:39:29 [Message] fib_1618 -> Chat: so is the Banking sector
2014-11-24 16:40:11 [Message] fib_1618 -> Chat: which is finding solid support at its 20 day EMA
2014-11-24 16:40:35 [Message] fib_1618 -> Chat: Biotech continues to lead to the upside which is good for the NASDAQ
2014-11-24 16:41:07 [Message] fib_1618 -> Chat: Commodities are still under extreme pressure
2014-11-24 16:41:22 [Message] fib_1618 -> Chat: Discretionary continues to fly
2014-11-24 16:41:56 [Message] fib_1618 -> Chat: the EURO continues to find any upside gains to be a slippery slope to climb
2014-11-24 16:42:39 [Message] fib_1618 -> Chat: the Dow Transports closed above 9100 for the first time in history today
2014-11-24 16:42:51 [Message] fib_1618 -> Chat: the Dow Industrials closed at record highs as well
2014-11-24 16:43:10 [Message] fib_1618 -> Chat: and the Dow Utilities are testing their 20 day EMA
2014-11-24 16:43:39 [Message] fib_1618 -> Chat: energy, as a whole, remains weak
2014-11-24 16:44:14 [Message] fib_1618 -> Chat: the entire Health Care sector is very strong
2014-11-24 16:44:34 [Message] fib_1618 -> Chat: wow...home builders are racing to the upside now
2014-11-24 16:45:04 [Message] fib_1618 -> Chat: now up an amazing 20% since the mid October lows
2014-11-24 16:45:21 [Message] fib_1618 -> Chat: Home Construction as well
2014-11-24 16:45:24 [Message] rite01 -> Chat: Wow
2014-11-24 16:45:34 [Message] fib_1618 -> Chat: so it would seem between the lower prices in energy costs
2014-11-24 16:45:44 [Message] fib_1618 -> Chat: plus lower commodity costs
2014-11-24 16:45:54 [Message] fib_1618 -> Chat: are going to help stimulate home buying
2014-11-24 16:46:03 [Message] fib_1618 -> Chat: or at least that's what money is suggesting right now
2014-11-24 16:46:28 [Message] rite01 -> Chat: Yes gas up today at $2.49 a gallon
2014-11-24 16:46:34 [Message] fib_1618 -> Chat: Home Construction is up...
2014-11-24 16:46:36 [Message] fib_1618 -> Chat: ready?
2014-11-24 16:46:43 [Message] fib_1618 -> Chat: 26% since mid October
2014-11-24 16:46:55 [Message] rite01 -> Chat: Yes but got it cheaper cause
2014-11-24 16:47:01 [Message] fib_1618 -> Chat: we're holding steady at 2.69 here
2014-11-24 16:47:22 [Message] rite01 -> Chat: our Grocery store gives you discounts when you shop
2014-11-24 16:47:26 [Message] fib_1618 -> Chat: Industrials are doing well
2014-11-24 16:47:33 [Message] fib_1618 -> Chat: but even then
2014-11-24 16:47:52 [Message] fib_1618 -> Chat: the average price of 87 in the US is below $3.00 right now
2014-11-24 16:48:01 [Message] fib_1618 -> Chat: in fact...
2014-11-24 16:48:04 [Message] fib_1618 -> Chat: I'm curious
2014-11-24 16:48:08 [Message] fib_1618 -> Chat: let me check the latest
2014-11-24 16:49:03 [Message] fib_1618 -> Chat: the lowest average for 87 in US is in Missouri at $2.55
2014-11-24 16:49:28 [Message] fib_1618 -> Chat: the lowest average by city is Sante Fe, NM at $2.42
2014-11-24 16:49:55 [Message] fib_1618 -> Chat: and the average in the US as a whole is at $2.80
2014-11-24 16:50:11 [Message] fib_1618 -> Chat: not a bad tax reduction
2014-11-24 16:50:18 [Message] rite01 -> Chat: Yep
2014-11-24 16:50:32 [Message] fib_1618 -> Chat: let's keep going
2014-11-24 16:50:41 [Message] rite01 -> Chat: Please do
2014-11-24 16:51:05 [Message] rite01 -> Chat: I think everything is updated now
2014-11-24 16:51:24 [Message] fib_1618 -> Chat: REITS continue to do well...let me check the yield
2014-11-24 16:51:48 [Message] fib_1618 -> Chat: MORT is at 11.92%
2014-11-24 16:52:10 [Message] fib_1618 -> Chat: and my favorite, REM, is at 12.79%
2014-11-24 16:52:35 [Message] fib_1618 -> Chat: with Home builders and construction leaping higher
2014-11-24 16:52:45 [Message] fib_1618 -> Chat: and the expectation of lower rates going into next year
2014-11-24 16:53:06 [Message] fib_1618 -> Chat: this is a sector that is a nice conservative way to generate income
2014-11-24 16:53:43 [Message] fib_1618 -> Chat: Retail is literally in orbit right now
2014-11-24 16:54:03 [Message] rite01 -> Chat: Record low real estate inventory in Houston area = higher prices
2014-11-24 16:54:07 [Message] fib_1618 -> Chat: up close to 15% since mid October
2014-11-24 16:54:12 [Message] fib_1618 -> Chat: yep
2014-11-24 16:54:20 [Message] fib_1618 -> Chat: sell, sell, sell!
2014-11-24 16:54:41 [Message] fib_1618 -> Chat: problem though with Houston
2014-11-24 16:54:58 [Message] fib_1618 -> Chat: is when the lower crude prices start to hurt employment
2014-11-24 16:55:08 [Message] fib_1618 -> Chat: we all remember the early 80's
2014-11-24 16:55:10 [Message] fib_1618 -> Chat: [frown]
2014-11-24 16:55:18 [Message] rite01 -> Chat: Yes waiting in lines
2014-11-24 16:55:33 [Message] rite01 -> Chat: couldn't buy gas at any price
2014-11-24 16:56:04 [Message] fib_1618 -> Chat: as mentioned earlier...the semi's are doing well
2014-11-24 16:56:21 [Message] fib_1618 -> Chat: telecom seems to be perking up
2014-11-24 16:57:31 [Message] fib_1618 -> Chat: the NASDAQ is doing well
2014-11-24 16:57:38 [Message] fib_1618 -> Chat: NDAQ now within 10% of its all time highs
2014-11-24 16:57:52 [Message] fib_1618 -> Chat: globally
2014-11-24 16:58:14 [Message] fib_1618 -> Chat: Australia is still having its issues...not looking good there
2014-11-24 16:58:49 [Message] fib_1618 -> Chat: the European countries are finally getting a foothold on things
2014-11-24 16:59:44 [Message] fib_1618 -> Chat: so are Latin American issues
2014-11-24 17:00:02 [Message] fib_1618 -> Chat: No answer from Carl as yet
2014-11-24 17:00:25 [Message] fib_1618 -> Chat: the Q's continue to fly
2014-11-24 17:00:45 [Message] fib_1618 -> Chat: now up 13% since mid October
2014-11-24 17:01:03 [Message] fib_1618 -> Chat: South Africa is looking solid
2014-11-24 17:02:02 [Message] fib_1618 -> Chat: Libor rates are not showing any problems on the horizon
2014-11-24 17:02:20 [Message] hawk5734 -> Chat: SC charts are updated on my end
2014-11-24 17:02:25 [Message] fib_1618 -> Chat: 6 month T-bill rates have been inching higher
2014-11-24 17:02:26 [Message] fib_1618 -> Chat: checking
2014-11-24 17:02:37 [Message] fib_1618 -> Chat: YEA!
2014-11-24 17:02:45 [Message] fib_1618 -> Chat: let me finish off the rest of the data
2014-11-24 17:03:26 [Message] fib_1618 -> Chat: longer term rates of 10 years and more look to be rolling over to the downside
2014-11-24 17:03:42 [Message] fib_1618 -> Chat: mid term rates are firm to slightly higher
2014-11-24 17:03:51 [Message] rite01 -> Chat: Thanks hawk
2014-11-24 17:04:15 [Message] fib_1618 -> Chat: so any kind of economic activity looks to be that of a intermediate term duration than it would be for the longer term
2014-11-24 17:04:23 [Message] fib_1618 -> Chat: at least that's what traders are suggesting here
2014-11-24 17:05:15 [Message] fib_1618 -> Chat: the US Dollar is now challenging the highs of 2009 and 2010
2014-11-24 17:05:39 [Message] fib_1618 -> Chat: Insurance is strong
2014-11-24 17:06:19 [Message] fib_1618 -> Chat: don't look now
2014-11-24 17:06:27 [Message] fib_1618 -> Chat: but FED EX is at $175 a share
2014-11-24 17:06:28 [Message] fib_1618 -> Chat: wow
2014-11-24 17:06:47 [Message] fib_1618 -> Chat: so there's lots of shipping right now
2014-11-24 17:06:50 [Message] fib_1618 -> Chat: talking to my drivers of late
2014-11-24 17:06:55 [Message] fib_1618 -> Chat: and they've been very busy
2014-11-24 17:07:43 [Message] fib_1618 -> Chat: and Visa and MasterCard continue to make higher highs
2014-11-24 17:07:59 [Message] fib_1618 -> Chat: so...it should be a good holiday season for retail in general
2014-11-24 17:08:10 [Message] fib_1618 -> Chat: and we'll now take a look at the today's data
2014-11-24 17:08:42 [Message] fib_1618 -> Chat: first of which
2014-11-24 17:08:57 [Message] fib_1618 -> Chat: the NYSE CO AD line did, in fact, break above its declining tops line today
2014-11-24 17:09:19 [Message] fib_1618 -> Chat: the NYAD is line is in new all time high territory
2014-11-24 17:09:25 [Message] fib_1618 -> Chat: so we're in gear to the upside
2014-11-24 17:09:56 [Message] fib_1618 -> Chat: the NDX AD line is also at new all time highs
2014-11-24 17:10:12 [Message] fib_1618 -> Chat: and we have broken above horizontal resistance on the NDX breadth MCSUM
2014-11-24 17:10:29 [Message] fib_1618 -> Chat: so full speed ahead there
2014-11-24 17:11:00 [Message] fib_1618 -> Chat: new all time highs in the SPX AD line
2014-11-24 17:11:22 [Message] fib_1618 -> Chat: OEX and Dow as well
2014-11-24 17:11:59 [Message] fib_1618 -> Chat: MID AD line is also at new all time highs
2014-11-24 17:12:18 [Message] fib_1618 -> Chat: not so with the SML
2014-11-24 17:12:48 [Message] fib_1618 -> Chat: and neither is the Total Market
2014-11-24 17:13:38 [Message] fib_1618 -> Chat: and, as always, the COMPQ AD line is not anywhere close to its all time highs
2014-11-24 17:13:40 [Message] fib_1618 -> Chat: in fact
2014-11-24 17:13:57 [Message] fib_1618 -> Chat: the NAAD line has been moving lower ever since its inception in 1972 due to the nature of the issues that come to market there
2014-11-24 17:14:17 [Message] fib_1618 -> Chat: this is why we call the NASDAQ marketplace "secondary" issues
2014-11-24 17:15:30 [Message] fib_1618 -> Chat: OK...there's something wrong with the NYSE Composite breadth MCO
2014-11-24 17:15:38 [Message] fib_1618 -> Chat: as we didn't spike lower last week
2014-11-24 17:16:02 [Message] fib_1618 -> Chat: I'll have to write SC later on that one
2014-11-24 17:16:05 [Message] fib_1618 -> Chat: geez
2014-11-24 17:16:27 [Message] fib_1618 -> Chat: and today's down spike isn't likely correct either on the NASDAQ
2014-11-24 17:17:05 [Message] fib_1618 -> Chat: not when the AD plurality was 1950/801
2014-11-24 17:17:48 [Message] fib_1618 -> Chat: the NDX MCO looks correct
2014-11-24 17:18:06 [Message] fib_1618 -> Chat: the SPX MCO shows a small point change tonight
2014-11-24 17:18:19 [Message] fib_1618 -> Chat: so does the OEX
2014-11-24 17:18:43 [Message] fib_1618 -> Chat: if what we're seeing is correct
2014-11-24 17:19:09 [Message] fib_1618 -> Chat: the MID breadth MCO continues to show solid money flow moving back into this basket of issues
2014-11-24 17:19:24 [Message] fib_1618 -> Chat: with a new all time high close in the MID
2014-11-24 17:19:48 [Message] fib_1618 -> Chat: solid reversal price bar today in the SML
2014-11-24 17:20:10 [Message] fib_1618 -> Chat: as the pressure of November OPEX is now behind us
2014-11-24 17:20:34 [Message] fib_1618 -> Chat: and a small point change in the TM breadth MCO
2014-11-24 17:20:39 [Message] fib_1618 -> Chat: give me a moment
2014-11-24 17:20:51 [Message] fib_1618 -> Chat: let me see if I can get a correct number on the NYSE MCO
2014-11-24 17:22:21 [Message] fib_1618 -> Chat: OK..the traditional MCO is correct
2014-11-24 17:22:29 [Message] fib_1618 -> Chat: the Ratio Adjusted is not
2014-11-24 17:23:20 [Message] fib_1618 -> Chat: can't tell you on the rest as my spreadsheets are at home
2014-11-24 17:23:22 [Message] fib_1618 -> Chat: anyway
2014-11-24 17:23:36 [Message] fib_1618 -> Chat: it would seem that we had a nice follow through day to the upside today
2014-11-24 17:24:02 [Message] fib_1618 -> Chat: and it appears that we should move along the path of least resistance for the next couple of days
2014-11-24 17:24:08 [Message] fib_1618 -> Chat: let's check the volume side
2014-11-24 17:25:18 [Message] fib_1618 -> Chat: I just don't know if we can trust the data folks
2014-11-24 17:26:26 [Message] fib_1618 -> Chat: I think we should look this over tomorrow once things are settled
2014-11-24 17:26:35 [Message] fib_1618 -> Chat: let's look at the volume oscillators
2014-11-24 17:27:21 [Message] fib_1618 -> Chat: CVI's continue to maintain their bullish complex structures above their zero lines
2014-11-24 17:27:59 [Message] fib_1618 -> Chat: STVO's continue to attempt to unwind from their "overbought" readings of two weeks ago
2014-11-24 17:28:30 [Message] fib_1618 -> Chat: VTO's continue to hug "overbought" levels
2014-11-24 17:28:46 [Message] fib_1618 -> Chat: NYSE TRIN at 1.46
2014-11-24 17:28:58 [Message] fib_1618 -> Chat: Open 10 at .99
2014-11-24 17:29:05 [Message] fib_1618 -> Chat: starting to move to "oversold" again
2014-11-24 17:29:11 [Message] fib_1618 -> Chat: really strong trend here
2014-11-24 17:29:23 [Message] fib_1618 -> Chat: NASDAQ TRIN at .76
2014-11-24 17:29:35 [Message] fib_1618 -> Chat: Open 10 at .85
2014-11-24 17:29:51 [Message] fib_1618 -> Chat: TM TRIN at .85
2014-11-24 17:30:01 [Message] fib_1618 -> Chat: Open 10 at .84
2014-11-24 17:30:44 [Message] fib_1618 -> Chat: so it would seem that we don't have too much of anything indicating that the current uptrend is having its issues
2014-11-24 17:30:58 [Message] fib_1618 -> Chat: that it seems to be riding on "cruise control" for now
2014-11-24 17:31:30 [Message] fib_1618 -> Chat: and hopefully we'll have better data to work with on Tuesday so we can lay out a plan for the rest of the week
2014-11-24 17:31:35 [Message] fib_1618 -> Chat: anything else?
2014-11-24 17:32:24 [Message] rite01 -> Chat: we are in a sweet spot for Bullish seasonality and not I have nothing else
2014-11-24 17:32:35 [Message] fib_1618 -> Chat: very true
2014-11-24 17:32:45 [Message] fib_1618 -> Chat: it's a weird week anyway
2014-11-24 17:32:54 [Message] fib_1618 -> Chat: between the holiday
2014-11-24 17:33:02 [Message] rite01 -> Chat: But good to be long
2014-11-24 17:33:03 [Message] fib_1618 -> Chat: and the ton of data being released on Wednesday
2014-11-24 17:33:11 [Message] fib_1618 -> Chat: and then first retail reports on Black Friday
2014-11-24 17:33:17 [Message] fib_1618 -> Chat: at this point
2014-11-24 17:33:26 [Message] fib_1618 -> Chat: being long continues to be the path of least resistance
2014-11-24 17:33:35 [Message] fib_1618 -> Chat: and if, by some chance, there is a surprise
2014-11-24 17:33:46 [Message] fib_1618 -> Chat: we have more than enough liquidity to cushion any blow
2014-11-24 17:34:10 [Message] fib_1618 -> Chat: just wish the data was available earlier
2014-11-24 17:34:13 [Message] fib_1618 -> Chat: my apologies
2014-11-24 17:34:23 [Message] rite01 -> Chat: Not your fault
2014-11-24 17:34:24 [Message] fib_1618 -> Chat: hopefully things will be better tomorrow
2014-11-24 17:34:43 [Message] fib_1618 -> Chat: OK...if there's nothing else
2014-11-24 17:34:48 [Message] fib_1618 -> Chat: I'm going to call it a day
2014-11-24 17:34:55 [Message] fib_1618 -> Chat: everyone have a great evening
2014-11-24 17:35:06 [Message] hawk5734 -> Chat: thanks again Fib
2014-11-24 17:35:06 [Message] fib_1618 -> Chat: and we'll do this again in less than 23 hours
2014-11-24 17:35:09 [Message] fib_1618 -> Chat: good night
2014-11-24 17:35:14 [Message] fib_1618 -> Chat: and you're most welcome
2014-11-24 17:35:23 [Message] rite01 -> Chat: Good night hawk
2014-11-24 17:35:35 [Message] hawk5734 -> Chat: good night rite

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