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fib_1618

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Reply with quote  #1 
2010-11-30 16:00:21 [Message] fib_1618 -> Chat: good day
2010-11-30 16:00:24 [Message] fib_1618 -> Chat: how is everyone?
2010-11-30 16:00:49 [Message] tonny.holdorf -> Chat: Fine thanks!
2010-11-30 16:00:53 [Message] tonny.holdorf -> Chat: And you?
2010-11-30 16:01:00 [Message] fib_1618 -> Chat: a bit rushed...
2010-11-30 16:01:01 [Message] thespookyone -> Chat: Super, thanks!
2010-11-30 16:01:03 [Message] fib_1618 -> Chat: you know how it is
2010-11-30 16:01:08 [Message] tonny.holdorf -> Chat:
2010-11-30 16:01:11 [Message] fib_1618 -> Chat: just before you're about to go on holiday
2010-11-30 16:01:17 [Message] fib_1618 -> Chat: everything gets thrown into your lap
2010-11-30 16:01:41 [Message] fib_1618 -> Chat: OK...any questions or comments before we get started??
2010-11-30 16:02:18 [Message] thespookyone -> Chat: the internals are calling this superbly
2010-11-30 16:02:45 [Message] tonny.holdorf -> Chat: You mentioned the MCSUM of FTSE100 in the weekly breadth on Sunday
2010-11-30 16:02:46 [Message] fib_1618 -> Chat: for a change...?
2010-11-30 16:02:52 [Message] fib_1618 -> Chat: OH...yes
2010-11-30 16:02:55 [Message] tonny.holdorf -> Chat: It was negative
2010-11-30 16:03:00 [Message] fib_1618 -> Chat: I meant to post the MCSUM's...forgot
2010-11-30 16:03:08 [Message] tonny.holdorf -> Chat: I believe it is more so now
2010-11-30 16:03:09 [Message] fib_1618 -> Chat: yes...it was about -250 or so
2010-11-30 16:03:13 [Message] fib_1618 -> Chat: could very well be
2010-11-30 16:03:23 [Message] tonny.holdorf -> Chat: is it a MCSUM failure?
2010-11-30 16:03:26 [Message] fib_1618 -> Chat: no
2010-11-30 16:03:31 [Message] thespookyone -> Chat: no change, I just listen better lol
2010-11-30 16:03:33 [Message] fib_1618 -> Chat: A MCSUM failure occurs when you have a elongated move to the upside in the MCSUM from negative to positive territory
2010-11-30 16:04:11 [Message] fib_1618 -> Chat: it usually stops climbing around the +500 level, but like in 2007, it could be part of a finishing move for the previous bull market
2010-11-30 16:04:36 [Message] fib_1618 -> Chat: the MCSUM then declines and eventually gets to the zero line where there is balance between buyers and sellers
2010-11-30 16:05:14 [Message] fib_1618 -> Chat: the bulls try to re-initiate uptrend with this balance of power behind them
2010-11-30 16:05:24 [Message] fib_1618 -> Chat: but fail to get many takers this time around and the MCSUM then turns lower
2010-11-30 16:05:40 [Message] fib_1618 -> Chat: goes down and through the zero line and THAT is the failure
2010-11-30 16:06:05 [Message] fib_1618 -> Chat: the bears can then take full control of the action since there are very few bulls left to move the market higher
2010-11-30 16:06:08 [Message] fib_1618 -> Chat: make sense?
2010-11-30 16:06:16 [Message] tonny.holdorf -> Chat: Yes, but is that not what happened in the FTSE100 MCSUM?
2010-11-30 16:06:20 [Message] fib_1618 -> Chat: no
2010-11-30 16:06:30 [Message] fib_1618 -> Chat: it was down and through without any hesitation at the zero line
2010-11-30 16:06:42 [Message] fib_1618 -> Chat: the key is the bounce off the zero line which will tend to find resistance at the +250 level
2010-11-30 16:06:51 [Message] fib_1618 -> Chat: I will make sure to link a chart up for Thursday's chat
2010-11-30 16:07:33 [Message] tonny.holdorf -> Chat: I just assumed that it had been down to zero in summer
2010-11-30 16:07:43 [Message] fib_1618 -> Chat: the keys here is that it's not a matter of a small bounce off the zero line
2010-11-30 16:08:00 [Message] fib_1618 -> Chat: it must be a bounce of substance that FAILS to perform
2010-11-30 16:08:54 [Message] tonny.holdorf -> Chat: Where do you get the FTSE 100 data from?
2010-11-30 16:09:15 [Message] fib_1618 -> Chat: my data is supplied to me from Randy Nelson
2010-11-30 16:09:30 [Message] fib_1618 -> Chat: he is a programmer and grabs the data for me
2010-11-30 16:09:34 [Message] fib_1618 -> Chat: I do believe that you might be able to find it on Yahoo...have you checked there?
2010-11-30 16:10:06 [Message] tonny.holdorf -> Chat: No, I will try. Thanks for the tip
2010-11-30 16:10:21 [Message] fib_1618 -> Chat: yea...Yahoo may not be perfect, but it does carry a ton of data
2010-11-30 16:10:46 [Message] fib_1618 -> Chat: OK...anything else on your collective minds?
2010-11-30 16:11:07 [Message] fib_1618 -> Chat: well...then let's get DP up and let's see what's up
2010-11-30 16:11:29 [Message] fib_1618 -> Chat: (or down)
2010-11-30 16:12:14 [Message] fib_1618 -> Chat: after a sharp reversal on Wednesday (which, by the way, was a great call by the chat room on Tuesday!!!!)
2010-11-30 16:12:27 [Message] fib_1618 -> Chat: the CO NYSE breadth MCO moved lower today
2010-11-30 16:12:35 [Message] fib_1618 -> Chat: and with the NYA having a lower close
2010-11-30 16:12:46 [Message] fib_1618 -> Chat: we now have the potential of clean bull divergence in place
2010-11-30 16:13:01 [Message] fib_1618 -> Chat: we also had a mid range close today
2010-11-30 16:13:24 [Message] fib_1618 -> Chat: and with Monday's close lower than Friday's, we should expect an up close on Wednesday
2010-11-30 16:13:49 [Message] fib_1618 -> Chat: the CO NYSE breadth MCSUM is now at the +357 level on its way to +250
2010-11-30 16:14:22 [Message] fib_1618 -> Chat: and looking at the CO MCO components
2010-11-30 16:14:42 [Message] fib_1618 -> Chat: we now have a bullish divergent structure with the 10% Trend
2010-11-30 16:14:54 [Message] fib_1618 -> Chat: with the 5% Trend just now moving below its zero line today
2010-11-30 16:15:02 [Message] fib_1618 -> Chat: as we remember from 2 weeks or so ago
2010-11-30 16:15:17 [Message] fib_1618 -> Chat: the usual bottoming pattern that we see is pretty much what we have right now
2010-11-30 16:15:43 [Message] fib_1618 -> Chat: a divergent 10% with the 5% bouncing off the zero line and then moving to join the 10% below the zero line
2010-11-30 16:16:08 [Message] fib_1618 -> Chat: so...for the first time since early November, we now have the components necessary for a price bottom to occur
2010-11-30 16:16:14 [Message] fib_1618 -> Chat: will it occur?
2010-11-30 16:16:19 [Message] fib_1618 -> Chat: we should know quite quickly
2010-11-30 16:16:36 [Message] fib_1618 -> Chat: but as we talked about at the beginning of the month
2010-11-30 16:16:54 [Message] fib_1618 -> Chat: it was likely that we were going to be in a correctional period for about 4-6 weeks
2010-11-30 16:17:03 [Message] fib_1618 -> Chat: and here we are at the minimal expectation
2010-11-30 16:17:13 [Message] fib_1618 -> Chat: would we like to see the MCSUM move closer to zero?
2010-11-30 16:17:14 [Message] fib_1618 -> Chat: sure
2010-11-30 16:17:43 [Message] fib_1618 -> Chat: but this is not necessary given the structure of the A/D line itself
2010-11-30 16:18:35 [Message] fib_1618 -> Chat: we have the same kind of structure on both the composite NYSE MCO and MCSUM
2010-11-30 16:19:20 [Message] fib_1618 -> Chat: and where we can see that our likely pattern support on the MCSUM will probably come at or near the September lows
2010-11-30 16:19:29 [Message] fib_1618 -> Chat: which also happens to be around the +250 level
2010-11-30 16:20:18 [Message] fib_1618 -> Chat: not much more to say here except that on a personal level I would prefer a move complex texture to take place with the MCO
2010-11-30 16:20:24 [Message] fib_1618 -> Chat: but like we talked about before
2010-11-30 16:20:44 [Message] fib_1618 -> Chat: it's not all that necessary given the strength of the A/D line itself
2010-11-30 16:21:37 [Message] fib_1618 -> Chat: the NASDAQ price pattern continues to be tracing out more of a triangle configuration as opposed to that of a trading range in the NYA
2010-11-30 16:21:43 [Message] fib_1618 -> Chat: looking at the close up chart
2010-11-30 16:21:58 [Message] fib_1618 -> Chat: you can see the bottoms above bottoms structure of the lower level of this triangle
2010-11-30 16:22:12 [Message] fib_1618 -> Chat: you can also see that we had a mid range close here too
2010-11-30 16:22:16 [Message] thespookyone -> Chat: I think you'll get it-my take is a "D" and E remain
2010-11-30 16:22:45 [Message] fib_1618 -> Chat: looking back to last Tuesday, you can see what happened with the last mid range we had within this congestion area
2010-11-30 16:23:02 [Message] fib_1618 -> Chat: D up and the E down?
2010-11-30 16:23:08 [Message] thespookyone -> Chat: Yes
2010-11-30 16:23:11 [Message] fib_1618 -> Chat: OK...
2010-11-30 16:23:29 [Message] fib_1618 -> Chat: I would personally prefer if only to give more time for the MCO to stay below its zero line
2010-11-30 16:23:39 [Message] fib_1618 -> Chat: which would push the MCSUM to a more balanced level
2010-11-30 16:23:54 [Message] fib_1618 -> Chat: but we have minimally finished our correction here
2010-11-30 16:24:01 [Message] fib_1618 -> Chat: so stay on your proverbial toes
2010-11-30 16:24:07 [Message] thespookyone -> Chat: triangle got wicked on today's bottom, but candle was inside perfect
2010-11-30 16:24:31 [Message] fib_1618 -> Chat: the other idea here...Elliott wise
2010-11-30 16:24:54 [Message] fib_1618 -> Chat: we had A up from the 11/16 low
2010-11-30 16:24:59 [Message] fib_1618 -> Chat: B down finish today
2010-11-30 16:25:06 [Message] fib_1618 -> Chat: and then C up to finish a larger B
2010-11-30 16:25:16 [Message] fib_1618 -> Chat: which would then push the triangle into January
2010-11-30 16:25:22 [Message] thespookyone -> Chat: eye on that, as well
2010-11-30 16:25:29 [Message] tonny.holdorf -> Chat: Could it not be a bear flag on NASDAQ? Or would that be too obvious?
2010-11-30 16:25:38 [Message] fib_1618 -> Chat: kind of tricky here because of December
2010-11-30 16:25:47 [Message] fib_1618 -> Chat: a bear flag?
2010-11-30 16:25:55 [Message] tonny.holdorf -> Chat: chart pattern
2010-11-30 16:25:57 [Message] fib_1618 -> Chat: ummmm...
2010-11-30 16:26:07 [Message] fib_1618 -> Chat: if it is...it was broken to the downside today
2010-11-30 16:26:16 [Message] tonny.holdorf -> Chat: Yes
2010-11-30 16:26:21 [Message] fib_1618 -> Chat: the key here for both ideas is the 2460 level
2010-11-30 16:26:40 [Message] fib_1618 -> Chat: if that breaks...then you have your bear flag confirmation
2010-11-30 16:26:56 [Message] fib_1618 -> Chat: and it will be important to see how the MCO responds to this break
2010-11-30 16:27:05 [Message] fib_1618 -> Chat: if the bears are not all in
2010-11-30 16:27:14 [Message] fib_1618 -> Chat: it's a final capitulation
2010-11-30 16:27:35 [Message] fib_1618 -> Chat: if they are...then we can go as far down as 2350
2010-11-30 16:27:53 [Message] fib_1618 -> Chat: we're at one of those "show me" junctures
2010-11-30 16:28:00 [Message] thespookyone -> Chat: bears need a push in, IMHO-they have too much fear so far
2010-11-30 16:28:13 [Message] fib_1618 -> Chat: and not much to show for it
2010-11-30 16:28:32 [Message] fib_1618 -> Chat: fortunately, liquidity levels are high
2010-11-30 16:28:35 [Message] tonny.holdorf -> Chat: MCO would need to make a lower low if we break 2460 for all bears to be in?
2010-11-30 16:28:42 [Message] fib_1618 -> Chat: this is what we've been stressing for months now
2010-11-30 16:29:00 [Message] fib_1618 -> Chat: if the markets are going to decline, it's not going to be because of a lack of liquidity
2010-11-30 16:29:05 [Message] fib_1618 -> Chat: and at the same time
2010-11-30 16:29:17 [Message] fib_1618 -> Chat: any declines will be absorbed quite readily
2010-11-30 16:29:24 [Message] fib_1618 -> Chat: yes Tonny
2010-11-30 16:29:29 [Message] fib_1618 -> Chat: breadth MUST lead price
2010-11-30 16:29:34 [Message] tonny.holdorf -> Chat: OK Got it
2010-11-30 16:29:40 [Message] tonny.holdorf -> Chat: Sure
2010-11-30 16:29:51 [Message] fib_1618 -> Chat: if price leads breadth...prices will snapback to fill the vacuum
2010-11-30 16:30:04 [Message] fib_1618 -> Chat: in simpler terms
2010-11-30 16:30:33 [Message] fib_1618 -> Chat: the flow of money MUST precede the direction of price or its weak in its inherit structure and will snapback accordingly
2010-11-30 16:31:20 [Message] fib_1618 -> Chat: OK...now we have something to worry about
2010-11-30 16:31:26 [Message] fib_1618 -> Chat: looking at the NDX breadth MCO
2010-11-30 16:31:43 [Message] fib_1618 -> Chat: we see that we are still at a higher level than the last bottom
2010-11-30 16:31:57 [Message] fib_1618 -> Chat: but only nearly so
2010-11-30 16:32:01 [Message] fib_1618 -> Chat: the good news is
2010-11-30 16:32:07 [Message] fib_1618 -> Chat: (for the bulls)
2010-11-30 16:32:23 [Message] fib_1618 -> Chat: is that this MCO is now technically "oversold" with a reading above -80
2010-11-30 16:32:48 [Message] fib_1618 -> Chat: so it could be a situation of the unwilling sellers dumping shares today
2010-11-30 16:33:04 [Message] fib_1618 -> Chat: looking at the 5% component
2010-11-30 16:33:15 [Message] fib_1618 -> Chat: and we see that we have only barely moved below the zero line with this move
2010-11-30 16:33:38 [Message] fib_1618 -> Chat: so at the very least, we should see some sort of bounce attempt on Wednesday
2010-11-30 16:33:46 [Message] thespookyone -> Chat: do the fair size summation gaps bother you there?
2010-11-30 16:33:51 [Message] fib_1618 -> Chat: and since the 5% is now below the zero line in joining the 10%
2010-11-30 16:34:10 [Message] fib_1618 -> Chat: it could be here too that we have the minimal ingredients for a price bottom to occur
2010-11-30 16:34:19 [Message] fib_1618 -> Chat: it's part of the MCO
2010-11-30 16:34:26 [Message] fib_1618 -> Chat: the higher the readings, the bigger the gaps
2010-11-30 16:34:50 [Message] fib_1618 -> Chat: so although it's true there was a tremendous amount of selling today in the NDX
2010-11-30 16:35:19 [Message] fib_1618 -> Chat: given that we're "oversold" and we are showing momentum divergence...it could be a simple case of capitulation
2010-11-30 16:35:20 [Message] tonny.holdorf -> Chat: NDX MCO is back below the august bottom
2010-11-30 16:35:23 [Message] thespookyone -> Chat: I guess I'm wondering if it turns in one day off a gap like that?
2010-11-30 16:35:43 [Message] fib_1618 -> Chat: notice also that this move lower today was needed for the NDX breadth MCSUM to break below the +750 level
2010-11-30 16:36:19 [Message] fib_1618 -> Chat: the August lows are a separate structure...it has no real bearing on today
2010-11-30 16:36:29 [Message] tonny.holdorf -> Chat: OK
2010-11-30 16:36:35 [Message] fib_1618 -> Chat: sure...we can see the MCO move higher in quick fashion
2010-11-30 16:36:45 [Message] fib_1618 -> Chat: again...let's remember what the MCSUM is showing us
2010-11-30 16:37:17 [Message] fib_1618 -> Chat: the amplitude of the readings tell us how far apart the 19 day and 39 day EMA's of the NDX A/D line are from each other
2010-11-30 16:37:40 [Message] fib_1618 -> Chat: so although the A/D line itself moved sharply lower today given the high MCO numbers
2010-11-30 16:37:56 [Message] fib_1618 -> Chat: the overall intermediate trend remains solidly higher
2010-11-30 16:37:58 [Message] fib_1618 -> Chat: and given that
2010-11-30 16:38:06 [Message] fib_1618 -> Chat: any or all surprises will remain to the upside
2010-11-30 16:38:11 [Message] fib_1618 -> Chat: look at the price pattern
2010-11-30 16:38:30 [Message] doc -> Chat: NDX gapped below the uptrend line today for its mcsum
2010-11-30 16:38:56 [Message] fib_1618 -> Chat: highly "oversold" but price wasn't able to break last Tuesday's intraday support
2010-11-30 16:39:16 [Message] fib_1618 -> Chat: and that would be as good as any reason for the sharp price decline
2010-11-30 16:39:17 [Message] fib_1618 -> Chat: remember that it takes a whole lot of energy to break a support or resistance zone
2010-11-30 16:39:52 [Message] fib_1618 -> Chat: how important this might be we'll probably find out by Thursday
2010-11-30 16:39:54 [Message] fib_1618 -> Chat: but for now
2010-11-30 16:39:58 [Message] fib_1618 -> Chat: we ARE "oversold"
2010-11-30 16:40:09 [Message] fib_1618 -> Chat: and entitled to a technical bounce
2010-11-30 16:40:42 [Message] fib_1618 -> Chat: and, of course, technical bounces can be overwhelmed by news driven events that cause unanticipated emotional responses
2010-11-30 16:41:09 [Message] fib_1618 -> Chat: but unless NK drops a nuke here...I would give the nod for a sharp bounce on Wednesday
2010-11-30 16:41:17 [Message] fib_1618 -> Chat: if this bounce isn't one of strength
2010-11-30 16:41:30 [Message] thespookyone -> Chat: like today, though, none of the summations seem to have a 250 number underneath near for support
2010-11-30 16:41:33 [Message] fib_1618 -> Chat: THEN we can position for a possible breakdown and a new flag
2010-11-30 16:41:44 [Message] fib_1618 -> Chat: not yet
2010-11-30 16:41:53 [Message] fib_1618 -> Chat: and this keeps things buoyant
2010-11-30 16:42:27 [Message] fib_1618 -> Chat: again...the bears will gain more and more control the closer we get to the MCSUM zero lines
2010-11-30 16:42:34 [Message] fib_1618 -> Chat: it's like....
2010-11-30 16:42:48 [Message] thespookyone -> Chat: yes, and the Naz looms close
2010-11-30 16:42:49 [Message] fib_1618 -> Chat: at +750...there were 750 bulls to 250 bears
2010-11-30 16:43:18 [Message] fib_1618 -> Chat: now we're getting closer to more of a 50/50 ratio where one side can wrestle control away from the other
2010-11-30 16:43:48 [Message] fib_1618 -> Chat: we have to also remember
2010-11-30 16:43:53 [Message] fib_1618 -> Chat: that the NDX
2010-11-30 16:44:01 [Message] fib_1618 -> Chat: even though it got hit hard today
2010-11-30 16:44:09 [Message] fib_1618 -> Chat: has been lagging in this correction
2010-11-30 16:44:15 [Message] fib_1618 -> Chat: it could be a simple matter of playing catch up
2010-11-30 16:44:31 [Message] fib_1618 -> Chat: half empty or half full...your choice
2010-11-30 16:45:28 [Message] thespookyone -> Chat: you half empty-or half full Doc?
2010-11-30 16:45:55 [Message] doc -> Chat: Today is/was in the window for a 2.5wk low. Still could see lower low tomor but definitely bounce after that or could simply gap up and go.
2010-11-30 16:45:58 [Message] fib_1618 -> Chat: try this
2010-11-30 16:46:22 [Message] fib_1618 -> Chat: let's pretend that you don't know any news...and that you're looking at the data fresh
2010-11-30 16:46:24 [Message] fib_1618 -> Chat: what do you see?
2010-11-30 16:46:40 [Message] fib_1618 -> Chat: the important thing here
2010-11-30 16:46:47 [Message] thespookyone -> Chat: wave 4 correction
2010-11-30 16:46:51 [Message] fib_1618 -> Chat: is that we can listen to all of the garbage out there
2010-11-30 16:46:52 [Message] doc -> Chat: longer term, we are getting close to breaking below some important supports, ie 20wk low, 5wk lows, etc.
2010-11-30 16:47:03 [Message] fib_1618 -> Chat: but when you shift through the debris, what's the bottom line?
2010-11-30 16:47:07 [Message] fib_1618 -> Chat: what is money saying?
2010-11-30 16:47:26 [Message] fib_1618 -> Chat: on which index Doc?
2010-11-30 16:47:48 [Message] doc -> Chat: NYA, OEX and indu mostly, close on spx
2010-11-30 16:47:48 [Message] thespookyone -> Chat: it keeps telling me to hit and run till I know more certainly
2010-11-30 16:47:56 [Message] doc -> Chat: rut, mid strongest
2010-11-30 16:48:05 [Message] doc -> Chat: ndx and compq in middle
2010-11-30 16:48:13 [Message] fib_1618 -> Chat: and if the broader market remains the strongest
2010-11-30 16:48:34 [Message] fib_1618 -> Chat: can the markets show a decline worthy of a European collapse?
2010-11-30 16:48:41 [Message] fib_1618 -> Chat: does it even matter?
2010-11-30 16:48:50 [Message] doc -> Chat: got a P&F sell on NYA with print of 7400 and yest and today has traded very very close to 20wk low on Oct 19th
2010-11-30 16:49:19 [Message] fib_1618 -> Chat: well...the perimeters are
2010-11-30 16:49:27 [Message] fib_1618 -> Chat: if we're going to break down here
2010-11-30 16:49:40 [Message] fib_1618 -> Chat: we need to see the MCO's take out the November flags
2010-11-30 16:49:45 [Message] fib_1618 -> Chat: until this is done
2010-11-30 16:49:49 [Message] fib_1618 -> Chat: we're going to be choppy
2010-11-30 16:49:52 [Message] fib_1618 -> Chat: this doesn't change
2010-11-30 16:50:24 [Message] fib_1618 -> Chat: trading ranges...triangles...these are the patterns that are continuing to form because of the out of sync structures
2010-11-30 16:50:47 [Message] thespookyone -> Chat: there seems a fair denial of the dollar that bothers me, as well-VST
2010-11-30 16:51:13 [Message] fib_1618 -> Chat: denial how?
2010-11-30 16:51:16 [Message] fib_1618 -> Chat: a bottom
2010-11-30 16:51:17 [Message] fib_1618 -> Chat: a top?
2010-11-30 16:51:28 [Message] thespookyone -> Chat: traders expect it to top every day
2010-11-30 16:51:34 [Message] fib_1618 -> Chat: really?
2010-11-30 16:51:39 [Message] thespookyone -> Chat: you bet
2010-11-30 16:51:48 [Message] fib_1618 -> Chat: I keep hearing about the Euro breaking 130 and how bullish that is for the dollar
2010-11-30 16:52:24 [Message] thespookyone -> Chat: Darris last night feeling Euro had a dead cat coming today for sure - sorry buddy
2010-11-30 16:52:51 [Message] thespookyone -> Chat: most claim it totally done
2010-11-30 16:53:04 [Message] fib_1618 -> Chat: well...
2010-11-30 16:53:06 [Message] fib_1618 -> Chat: chart wise
2010-11-30 16:53:18 [Message] fib_1618 -> Chat: the Dollar broke above its 200 day EMA yesterday
2010-11-30 16:53:25 [Message] fib_1618 -> Chat: and showed good continuation today
2010-11-30 16:53:37 [Message] thespookyone -> Chat: imho-could easily see 83
2010-11-30 16:53:54 [Message] fib_1618 -> Chat: http://www.technicalwatch.com/chat10/usd113010.png
2010-11-30 16:54:19 [Message] fib_1618 -> Chat: yes...83 is horizontal chart resistance
2010-11-30 16:54:23 [Message] fib_1618 -> Chat: meanwhile
2010-11-30 16:54:53 [Message] fib_1618 -> Chat: gold was up 19.50 US today - http://www.technicalwatch.com/chat10/gold113010.png
2010-11-30 16:55:00 [Message] fib_1618 -> Chat: and is at all time highs against the Euro
2010-11-30 16:55:21 [Message] fib_1618 -> Chat: so...I guess the idea of the inverse relationship doesn't always ring true
2010-11-30 16:55:37 [Message] thespookyone -> Chat: nope, they are the 2 safe currencies, LOL
2010-11-30 16:56:13 [Message] tonny.holdorf -> Chat: I do not like the fact that many European sovereign interest rates are much higher now than back in May. If that was the reason for the decline in May, then I think this may not be a wave 4 as the problems as seen by the bond traders in are bigger now, e.g. Spanish bonds.
2010-11-30 16:56:14 [Message] thespookyone -> Chat: no, but I've been watching it closely
2010-11-30 16:59:32 [Message] fib_1618 -> Chat: anyway, you can see we had a SAR buy signal today for gold in the face of a stronger dollar
2010-11-30 17:00:03 [Message] fib_1618 -> Chat: so when people say that they move inversely to each other
2010-11-30 17:00:06 [Message] fib_1618 -> Chat: show em this
2010-11-30 17:00:08 [Message] tonny.holdorf -> Chat: Gold in euro are at new highs
2010-11-30 17:00:13 [Message] fib_1618 -> Chat: yup
2010-11-30 17:01:09 [Message] fib_1618 -> Chat: http://tinyurl.com/32t599q
2010-11-30 17:01:32 [Message] fib_1618 -> Chat: still like SLW here for Silver
2010-11-30 17:01:37 [Message] fib_1618 -> Chat: and still like NSU for gold
2010-11-30 17:02:00 [Message] fib_1618 -> Chat: or you can play the metals - GLD and SLV
2010-11-30 17:02:04 [Message] fib_1618 -> Chat: there's also IAU
2010-11-30 17:03:08 [Message] fib_1618 -> Chat: anyway...whether it's because of monetary stimulus or fear...it's the right place to be
2010-11-30 17:03:15 [Message] fib_1618 -> Chat: onward
2010-11-30 17:03:25 [Message] fib_1618 -> Chat: oh...and as gold goes...so goes equities
2010-11-30 17:04:15 [Message] fib_1618 -> Chat: the SPX breadth MCO is showing momentum divergence here with a mid range close
2010-11-30 17:04:44 [Message] fib_1618 -> Chat: could be a double bottom
2010-11-30 17:05:07 [Message] fib_1618 -> Chat: with 1175 cash still holding nicely
2010-11-30 17:05:31 [Message] fib_1618 -> Chat: if that should break
2010-11-30 17:05:38 [Message] fib_1618 -> Chat: the next downside target would be around 1140
2010-11-30 17:06:21 [Message] fib_1618 -> Chat: we now have the potential for bull divergence on the OEX breadth MCO
2010-11-30 17:06:30 [Message] fib_1618 -> Chat: and the OEX breadth MCSUM is now near its zero line
2010-11-30 17:06:38 [Message] fib_1618 -> Chat: there is now balance between buyers and sellers
2010-11-30 17:06:57 [Message] fib_1618 -> Chat: (so much for the erratic P/C ratio from last week)
2010-11-30 17:07:16 [Message] fib_1618 -> Chat: boy...
2010-11-30 17:07:21 [Message] fib_1618 -> Chat: if I didn't know any better
2010-11-30 17:07:32 [Message] fib_1618 -> Chat: it sure looks like we're about to springboard higher here
2010-11-30 17:07:55 [Message] fib_1618 -> Chat: minimally to get the OEX breadth MCO to move with a little more vigor towards its zero line
2010-11-30 17:08:14 [Message] fib_1618 -> Chat: which also has a MCO reading of -85
2010-11-30 17:08:20 [Message] fib_1618 -> Chat: highly "oversold"
2010-11-30 17:08:45 [Message] fib_1618 -> Chat: and a small point change on the Dow breadth MCO
2010-11-30 17:08:52 [Message] fib_1618 -> Chat: with a reading of -103
2010-11-30 17:08:57 [Message] fib_1618 -> Chat: deeply "oversold"
2010-11-30 17:09:18 [Message] fib_1618 -> Chat: but not diverging
2010-11-30 17:09:40 [Message] fib_1618 -> Chat: but like the OEX breadth MCSUM, the Dow breadth MCSUM now has a reading of +158
2010-11-30 17:11:30 [Message] fib_1618 -> Chat: one thing to take note of here
2010-11-30 17:11:59 [Message] fib_1618 -> Chat: is that both the OEX and Dow breadth MCSUM's are showing a nice degree of selling over the last couple of weeks
2010-11-30 17:12:24 [Message] fib_1618 -> Chat: could be because of the higher dollar and the anticipation of lower multi national earnings
2010-11-30 17:12:53 [Message] fib_1618 -> Chat: which would make sense with the MID and SML holding up better to this juncture
2010-11-30 17:13:09 [Message] fib_1618 -> Chat: speaking of which
2010-11-30 17:13:19 [Message] fib_1618 -> Chat: while everyone has been watching the SPX and such
2010-11-30 17:13:43 [Message] fib_1618 -> Chat: the MID remains 10 points (or so) from its November highs
2010-11-30 17:13:47 [Message] fib_1618 -> Chat: double top?
2010-11-30 17:13:51 [Message] thespookyone -> Chat: what of the effect of tax cuts-or none-does that not still loom?
2010-11-30 17:13:57 [Message] fib_1618 -> Chat: well, if Congress doesn't do anything before 12/31
2010-11-30 17:14:30 [Message] fib_1618 -> Chat: capital gains taxes go from 15 to 28%
2010-11-30 17:14:41 [Message] fib_1618 -> Chat: estate taxes go from 0% to 55%
2010-11-30 17:14:49 [Message] thespookyone -> Chat: exactly, how long will folks wait to see?
2010-11-30 17:15:03 [Message] fib_1618 -> Chat: I think that the majority have made their move in November
2010-11-30 17:15:12 [Message] fib_1618 -> Chat: the likelihood here is that there will be a 2 year extension
2010-11-30 17:15:28 [Message] fib_1618 -> Chat: the key here
2010-11-30 17:15:49 [Message] fib_1618 -> Chat: is that the socialists don't want anyone making over $250,000 to get a break and pay for the rest
2010-11-30 17:16:02 [Message] fib_1618 -> Chat: while the centralists want them included
2010-11-30 17:16:32 [Message] fib_1618 -> Chat: me? I don't trust any of them to do anything
2010-11-30 17:16:47 [Message] thespookyone -> Chat: me either, that's why I asked
2010-11-30 17:17:15 [Message] fib_1618 -> Chat: if they do...it will be right around Christmas...they'll call it a "present" for the nation or such crap
2010-11-30 17:17:24 [Message] fib_1618 -> Chat: onward
2010-11-30 17:17:24 [Message] thespookyone -> Chat: LOL
2010-11-30 17:17:28 [Message] tonny.holdorf -> Chat:
2010-11-30 17:17:52 [Message] fib_1618 -> Chat: today's move lower in the MID breadth MCO broke the MCSUM below its +500 level
2010-11-30 17:18:11 [Message] fib_1618 -> Chat: see...I told you last week that it would be broken sooner than later
2010-11-30 17:18:35 [Message] fib_1618 -> Chat: anyway...still looks like a horizontal trading range for the MID
2010-11-30 17:18:40 [Message] fib_1618 -> Chat: and with the break of +500
2010-11-30 17:18:59 [Message] fib_1618 -> Chat: this will now give the bears an opportunity to move prices to the lower portion of this range - 825
2010-11-30 17:19:11 [Message] fib_1618 -> Chat: but again it must be stressed here
2010-11-30 17:19:31 [Message] fib_1618 -> Chat: that we are highly "oversold" on some measures
2010-11-30 17:19:39 [Message] fib_1618 -> Chat: and we are diverging on others
2010-11-30 17:20:02 [Message] fib_1618 -> Chat: so the surprise here, at least near term, would be for an move to the upside to get the shorts to cover
2010-11-30 17:23:10 [Message] fib_1618 -> Chat: going back to the tax situation
2010-11-30 17:23:40 [Message] fib_1618 -> Chat: these indecision triangle patterns could last into January as we spoke about at the top of the chat
2010-11-30 17:24:02 [Message] fib_1618 -> Chat: and if the Congress waits until the last moment...etc.
2010-11-30 17:24:26 [Message] fib_1618 -> Chat: same configurations going on with the SML data as with the MID
2010-11-30 17:24:30 [Message] fib_1618 -> Chat: both price and MCO wise
2010-11-30 17:24:53 [Message] fib_1618 -> Chat: the SML breadth MCSUM, however, now has a reading of +307
2010-11-30 17:25:10 [Message] fib_1618 -> Chat: so although weaker than that mid caps, it's still holding up fairly nicely
2010-11-30 17:25:22 [Message] fib_1618 -> Chat: and we can see how this translates with the price pattern
2010-11-30 17:25:42 [Message] fib_1618 -> Chat: taking this one step further
2010-11-30 17:26:00 [Message] fib_1618 -> Chat: in order for the SML price pattern to break above the 390 level
2010-11-30 17:26:21 [Message] fib_1618 -> Chat: the SML breadth MCO will need to take out the recent spike high above the zero line
2010-11-30 17:26:37 [Message] fib_1618 -> Chat: for it to move below 370
2010-11-30 17:26:46 [Message] fib_1618 -> Chat: it will need to break the spike lows of two weeks ago
2010-11-30 17:26:55 [Message] fib_1618 -> Chat: anything else...we're just trading sideways
2010-11-30 17:27:06 [Message] fib_1618 -> Chat: we're locked in
2010-11-30 17:27:41 [Message] fib_1618 -> Chat: momentum divergence with the TM breadth MCO
2010-11-30 17:28:01 [Message] fib_1618 -> Chat: with the TM breadth MCSUM now approaching its +250 level
2010-11-30 17:28:23 [Message] fib_1618 -> Chat: notice also the lack of spacing in the MCSUM
2010-11-30 17:28:35 [Message] fib_1618 -> Chat: showing that the bears have have little in the way of any control here
2010-11-30 17:28:44 [Message] fib_1618 -> Chat: and so the sideways choppy action
2010-11-30 17:28:49 [Message] fib_1618 -> Chat: so...
2010-11-30 17:28:55 [Message] fib_1618 -> Chat: not much has changed in a week
2010-11-30 17:29:18 [Message] fib_1618 -> Chat: we remain trapped within the confines of indecision patterns
2010-11-30 17:29:42 [Message] fib_1618 -> Chat: but now we are "oversold" and showing momentum divergence with all of the indices
2010-11-30 17:29:45 [Message] fib_1618 -> Chat: could be a reflex bottom
2010-11-30 17:29:51 [Message] fib_1618 -> Chat: could be a tradable bottom
2010-11-30 17:30:04 [Message] fib_1618 -> Chat: could be more more time is needed
2010-11-30 17:30:15 [Message] fib_1618 -> Chat: but we won't know until the market tells us
2010-11-30 17:30:25 [Message] fib_1618 -> Chat: again...this is a "show me" juncture
2010-11-30 17:30:39 [Message] fib_1618 -> Chat: which happens about 4 times a year
2010-11-30 17:31:14 [Message] fib_1618 -> Chat: looking at the volume McClellan charts
2010-11-30 17:31:30 [Message] fib_1618 -> Chat: the CO and composite NYSE volume MCO's are compressing here
2010-11-30 17:31:40 [Message] fib_1618 -> Chat: you can see the coiling effect of the pattern
2010-11-30 17:32:09 [Message] tracca -> Chat: Fib, your eyes impress me!!
2010-11-30 17:32:25 [Message] fib_1618 -> Chat: nahhh...it's these special glasses!
2010-11-30 17:32:34 [Message] tonny.holdorf -> Chat:
2010-11-30 17:32:49 [Message] fib_1618 -> Chat: the NDX volume MCO is also highly "oversold" here
2010-11-30 17:32:55 [Message] fib_1618 -> Chat: what are they selling?
2010-11-30 17:32:56 [Message] fib_1618 -> Chat: wait...
2010-11-30 17:32:59 [Message] fib_1618 -> Chat: let me guess
2010-11-30 17:33:02 [Message] fib_1618 -> Chat: AAPL?
2010-11-30 17:33:24 [Message] thespookyone -> Chat: goog
2010-11-30 17:33:25 [Message] fib_1618 -> Chat: nope
2010-11-30 17:33:30 [Message] fib_1618 -> Chat: ahhh...goog
2010-11-30 17:33:42 [Message] fib_1618 -> Chat: lol oops
2010-11-30 17:33:54 [Message] fib_1618 -> Chat: you short?
2010-11-30 17:34:05 [Message] thespookyone -> Chat: was into today. lucky
2010-11-30 17:34:09 [Message] fib_1618 -> Chat: figures
2010-11-30 17:34:10 [Message] thespookyone -> Chat: closed it
2010-11-30 17:34:22 [Message] fib_1618 -> Chat: how are the prospects going on that island of yours?
2010-11-30 17:34:38 [Message] thespookyone -> Chat: picking good horses, so far
2010-11-30 17:34:44 [Message] fib_1618 -> Chat: you are
2010-11-30 17:34:47 [Message] fib_1618 -> Chat: kudos
2010-11-30 17:34:51 [Message] thespookyone -> Chat: thanks
2010-11-30 17:35:11 [Message] fib_1618 -> Chat: I would be very careful here playing short
2010-11-30 17:35:17 [Message] fib_1618 -> Chat: looking at the volume MCSUM's
2010-11-30 17:35:25 [Message] fib_1618 -> Chat: and they are looking ready to move higher
2010-11-30 17:35:32 [Message] fib_1618 -> Chat: and probably in a big way
2010-11-30 17:35:33 [Message] thespookyone -> Chat: I'm flat, but shorted high in GLD today
2010-11-30 17:35:43 [Message] thespookyone -> Chat: only position
2010-11-30 17:36:01 [Message] fib_1618 -> Chat: you youngsters...tsk tsk
2010-11-30 17:36:18 [Message] thespookyone -> Chat: I think VST the $ moves to equities
2010-11-30 17:36:28 [Message] fib_1618 -> Chat: well...whatever
2010-11-30 17:36:36 [Message] fib_1618 -> Chat: but I'm looking at the OEX volume MCO here
2010-11-30 17:36:51 [Message] fib_1618 -> Chat: and this thing looks like its ready to rocket higher
2010-11-30 17:36:56 [Message] thespookyone -> Chat: I agree
2010-11-30 17:37:14 [Message] fib_1618 -> Chat: the OEX volume MCSUM is now close enough to the -250 level to call a bottom
2010-11-30 17:37:20 [Message] fib_1618 -> Chat: could be part of a snapback to zero
2010-11-30 17:37:31 [Message] fib_1618 -> Chat: but it's done enough now to warrant caution for the bears
2010-11-30 17:37:53 [Message] fib_1618 -> Chat: and the Dow volume MCO looks even move bullish here
2010-11-30 17:37:57 [Message] fib_1618 -> Chat: bottom above a bottom
2010-11-30 17:38:06 [Message] doc -> Chat: Can xlf find a bottom here?
2010-11-30 17:38:15 [Message] fib_1618 -> Chat: and testing the September lows
2010-11-30 17:38:31 [Message] fib_1618 -> Chat: haven't looked...let me review the rest of the volume charts
2010-11-30 17:38:37 [Message] doc -> Chat: np
2010-11-30 17:39:20 [Message] fib_1618 -> Chat: boy...if anyone wants to point to what is really keeping things from falling apart here, all you have to do is show them the volume MCSUM's
2010-11-30 17:39:37 [Message] fib_1618 -> Chat: there's just not enough sellers here
2010-11-30 17:39:57 [Message] fib_1618 -> Chat: and that's in spite of the press trying to cheer lead us lower
2010-11-30 17:40:38 [Message] fib_1618 -> Chat: check out the XLF volume MCO
2010-11-30 17:40:48 [Message] fib_1618 -> Chat: money is now flowing in again with prices teetering
2010-11-30 17:41:23 [Message] fib_1618 -> Chat: I'll be watching that one
2010-11-30 17:41:29 [Message] fib_1618 -> Chat: let me check the breadth side
2010-11-30 17:41:58 [Message] fib_1618 -> Chat: boy...sure looks like a bottom to me
2010-11-30 17:42:08 [Message] doc -> Chat: would you leadoff with a buy here and stop at 14.20 or so?
2010-11-30 17:42:19 [Message] fib_1618 -> Chat: I would nibble
2010-11-30 17:42:22 [Message] doc -> Chat: risking 1.5%
2010-11-30 17:42:24 [Message] fib_1618 -> Chat: the risk is minimal - .50
2010-11-30 17:42:59 [Message] fib_1618 -> Chat: if we can get the MCO's back above zero, I would then be more aggressive
2010-11-30 17:43:04 [Message] fib_1618 -> Chat: but nibbling is OK
2010-11-30 17:43:21 [Message] fib_1618 -> Chat: a move below 14 would air out another point
2010-11-30 17:43:41 [Message] doc -> Chat: ?
2010-11-30 17:43:46 [Message] fib_1618 -> Chat: well...
2010-11-30 17:43:52 [Message] fib_1618 -> Chat: support came in at 13.50
2010-11-30 17:44:12 [Message] fib_1618 -> Chat: so the overall risk is 1 point
2010-11-30 17:44:20 [Message] doc -> Chat: oh, okay
2010-11-30 17:44:22 [Message] fib_1618 -> Chat: for 1 point...I would nibble
2010-11-30 17:44:40 [Message] fib_1618 -> Chat: 1000 shares is only $1000 risk
2010-11-30 17:44:50 [Message] fib_1618 -> Chat: the reward is much more
2010-11-30 17:45:08 [Message] doc -> Chat: you don't think a stop at 14.2 is reasonable?
2010-11-30 17:45:12 [Message] fib_1618 -> Chat: sure
2010-11-30 17:45:22 [Message] doc -> Chat: you'd risk it to 13.5?
2010-11-30 17:45:28 [Message] fib_1618 -> Chat: sure
2010-11-30 17:45:34 [Message] fib_1618 -> Chat: it's only a point
2010-11-30 17:45:41 [Message] fib_1618 -> Chat: forget the percentage
2010-11-30 17:45:56 [Message] fib_1618 -> Chat: it's a risky sector to begin with
2010-11-30 17:46:15 [Message] doc -> Chat: 13.5 has been a floor for a long time
2010-11-30 17:46:18 [Message] fib_1618 -> Chat: so for 7%
2010-11-30 17:46:23 [Message] fib_1618 -> Chat: yes, for a long time
2010-11-30 17:46:28 [Message] fib_1618 -> Chat: and the volume MCO is rising
2010-11-30 17:46:36 [Message] fib_1618 -> Chat: showing buying underneath
2010-11-30 17:46:41 [Message] doc -> Chat: BAC broke to new lows today
2010-11-30 17:46:47 [Message] doc -> Chat: below 11
2010-11-30 17:46:49 [Message] fib_1618 -> Chat: not surprised
2010-11-30 17:47:05 [Message] fib_1618 -> Chat: you got to have a catalyst to keep the majority from buying
2010-11-30 17:47:35 [Message] fib_1618 -> Chat: it was one of the stocks we talked about at the early part of the month as well
2010-11-30 17:48:11 [Message] fib_1618 -> Chat: bottom line here
2010-11-30 17:48:40 [Message] fib_1618 -> Chat: you have many other avenues to trade that will give your desired direction and return right now
2010-11-30 17:48:52 [Message] fib_1618 -> Chat: so fixating on the XLF makes little sense to me
2010-11-30 17:48:58 [Message] doc -> Chat: Do you think there is a SOB pattern setup (not triggered yet) here on the hourly and daily SPX charts? Just like GOOG and we see what happened today with GOOG.
2010-11-30 17:49:02 [Message] fib_1618 -> Chat: but given your interest
2010-11-30 17:49:32 [Message] tonny.holdorf -> Chat: SOB pattern?
2010-11-30 17:49:39 [Message] doc -> Chat: Sign of Bear
2010-11-30 17:49:42 [Message] fib_1618 -> Chat: I don't see a SOB pattern on the daily
2010-11-30 17:49:46 [Message] tonny.holdorf -> Chat: OK
2010-11-30 17:49:47 [Message] fib_1618 -> Chat: on the XLF
2010-11-30 17:49:48 [Message] tonny.holdorf -> Chat: thanks
2010-11-30 17:49:54 [Message] doc -> Chat: SPX
2010-11-30 17:50:09 [Message] fib_1618 -> Chat: pushing it?
2010-11-30 17:50:21 [Message] doc -> Chat: take a look on a 60min chart
2010-11-30 17:50:26 [Message] fib_1618 -> Chat: one moment
2010-11-30 17:51:08 [Message] fib_1618 -> Chat: sloppy
2010-11-30 17:51:16 [Message] doc -> Chat: yes
2010-11-30 17:51:17 [Message] fib_1618 -> Chat: don't know if it will pan out
2010-11-30 17:51:23 [Message] doc -> Chat: neckline 1175
2010-11-30 17:51:27 [Message] fib_1618 -> Chat: indicators aren't leading here
2010-11-30 17:51:32 [Message] doc -> Chat: I don't either
2010-11-30 17:51:40 [Message] fib_1618 -> Chat: but the key here
2010-11-30 17:51:45 [Message] fib_1618 -> Chat: is with the internals
2010-11-30 17:51:53 [Message] fib_1618 -> Chat: are they breaking down an leading the pattern?
2010-11-30 17:52:25 [Message] fib_1618 -> Chat: or are we diverging?
2010-11-30 17:52:43 [Message] fib_1618 -> Chat: for now...it's not likely
2010-11-30 17:52:51 [Message] fib_1618 -> Chat: but if we rally tomorrow
2010-11-30 17:53:00 [Message] fib_1618 -> Chat: and the internals stumble
2010-11-30 17:53:09 [Message] fib_1618 -> Chat: then you might have something to work with
2010-11-30 17:53:10 [Message] fib_1618 -> Chat: for now
2010-11-30 17:53:21 [Message] fib_1618 -> Chat: we're just choppy...carving out a bottom
2010-11-30 17:53:40 [Message] fib_1618 -> Chat: worth a watch
2010-11-30 17:53:50 [Message] fib_1618 -> Chat: let's see how the volume oscillators look
2010-11-30 17:54:15 [Message] thespookyone -> Chat: qualify rally and internals stumble please-numbers?
2010-11-30 17:54:30 [Message] fib_1618 -> Chat: breadth leads price
2010-11-30 17:54:36 [Message] fib_1618 -> Chat: if we rally on Wednesday
2010-11-30 17:54:52 [Message] fib_1618 -> Chat: and the underlying performance of breadth and volume is lackluster
2010-11-30 17:55:03 [Message] fib_1618 -> Chat: then we could be setting up for a breakdown
2010-11-30 17:55:09 [Message] thespookyone -> Chat: thx
2010-11-30 17:55:11 [Message] fib_1618 -> Chat: np
2010-11-30 17:55:21 [Message] fib_1618 -> Chat: NDX CVI is now "oversold"
2010-11-30 17:55:31 [Message] fib_1618 -> Chat: suggesting a price bottom in the next two trading days
2010-11-30 17:55:59 [Message] fib_1618 -> Chat: STVO's are now "oversold"
2010-11-30 17:56:09 [Message] fib_1618 -> Chat: the Dow VTO is now "oversold"
2010-11-30 17:56:23 [Message] fib_1618 -> Chat: watch the Dow here...we could have a nice rally near term
2010-11-30 17:56:41 [Message] fib_1618 -> Chat: NYSE TRIN At .87
2010-11-30 17:56:50 [Message] fib_1618 -> Chat: Open 10 at 1.13
2010-11-30 17:57:22 [Message] fib_1618 -> Chat: (banging the table here) it's VERY difficult for prices to move lower, and HOLD those declines, with the Open 10's "oversold"
2010-11-30 17:57:39 [Message] fib_1618 -> Chat: NASDAQ TRIN at 1.43
2010-11-30 17:57:49 [Message] fib_1618 -> Chat: Open 10 at 1.05
2010-11-30 17:58:00 [Message] fib_1618 -> Chat: TM TRIN at 1.20
2010-11-30 17:58:09 [Message] fib_1618 -> Chat: Open 10 at 1.09
2010-11-30 17:58:25 [Message] fib_1618 -> Chat: so...let's look for a bounce tomorrow
2010-11-30 17:58:40 [Message] fib_1618 -> Chat: this bounce could be one of those snowball rallies - starts out weak and gains momentum during the day
2010-11-30 17:59:24 [Message] fib_1618 -> Chat: but given how deeply "oversold" we are, it could very well be like last Wednesday with a strong upside gap opening
2010-11-30 17:59:32 [Message] fib_1618 -> Chat: but the bottom line is for a positive close
2010-11-30 17:59:46 [Message] fib_1618 -> Chat: anything other than that and we have a problem (Houston)
2010-11-30 17:59:51 [Message] fib_1618 -> Chat: anything else?
2010-11-30 18:00:04 [Message] fib_1618 -> Chat: just continue to play hit and run
2010-11-30 18:00:10 [Message] fib_1618 -> Chat: watch your breadth plurality
2010-11-30 18:00:19 [Message] fib_1618 -> Chat: and maintain a posture of consolidation
2010-11-30 18:00:35 [Message] fib_1618 -> Chat: if we start to see a directional breakout
2010-11-30 18:00:42 [Message] fib_1618 -> Chat: we won't have to chase it
2010-11-30 18:00:53 [Message] fib_1618 -> Chat: we will have time to go on it at our pace
2010-11-30 18:01:05 [Message] fib_1618 -> Chat: let the market "show us" the way
2010-11-30 18:01:19 [Message] fib_1618 -> Chat: as a reminder
2010-11-30 18:01:25 [Message] fib_1618 -> Chat: next week we're going to have 3 sessions
2010-11-30 18:01:31 [Message] fib_1618 -> Chat: Monday, Tuesday, and Thursday
2010-11-30 18:01:36 [Message] fib_1618 -> Chat: I will then be on Holiday
2010-11-30 18:01:53 [Message] fib_1618 -> Chat: anything else?
2010-11-30 18:02:13 [Message] fib_1618 -> Chat: OK...then I'm taking off
2010-11-30 18:02:16 [Message] doc -> Chat: Thanks Fib.
2010-11-30 18:02:20 [Message] fib_1618 -> Chat: everyone have a great couple of days
2010-11-30 18:02:22 [Message] tonny.holdorf -> Chat: Thanks!
2010-11-30 18:02:25 [Message] doc -> Chat: Good night all
2010-11-30 18:02:27 [Message] fib_1618 -> Chat: and we'll kick it again on Thursday
2010-11-30 18:02:29 [Message] fib_1618 -> Chat: good night

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