All donations go towards web site maintenance for all of Technical Watch,
keep it free of charge, and may be tax deductable as an investment expense.

PayPal Verified
Join our market chat sessions every Tuesday and Thursday at 4:00 pm Pacific time!
More information on subscriber services can be found at

Sign up Calendar Latest Topics

  Author   Comment  

Posts: 5,158
Reply with quote  #1 
2015-12-01 15:59:56 fib1618: good day
2015-12-01 16:00:00 fib1618: how is everyone?
2015-12-01 16:02:55 thespookyone: Great, and you?
2015-12-01 16:03:02 fib1618: OK..any questions or comments before we get started??
2015-12-01 16:03:17 fib1618: doing fine
2015-12-01 16:03:22 thespookyone: Nice day for trading
2015-12-01 16:04:08 fib1618: well...based on what I heard today
2015-12-01 16:04:19 fib1618: it would seem we have a bit of clarity now
2015-12-01 16:04:30 fib1618: we'll see what the data says in a moment
2015-12-01 16:05:13 fib1618: OK...let's get SC up and get started
2015-12-01 16:05:15 fib1618: but first
2015-12-01 16:05:20 fib1618: let me check the BETS
2015-12-01 16:05:22 fib1618: one moment
2015-12-01 16:06:38 fib1618: -25
2015-12-01 16:06:46 fib1618: almost neutral now
2015-12-01 16:06:54 fib1618: OK...onward
2015-12-01 16:07:25 fib1618: after showing a small pull back on Monday
2015-12-01 16:07:44 fib1618: the NYSE CO breadth MCO regained its composure and moved to a higher high today
2015-12-01 16:08:01 fib1618: settling with a +38
2015-12-01 16:08:27 fib1618: this now takes out the MCO highs of late October and early November
2015-12-01 16:08:52 fib1618: and finally secures the price bottom made back in mid November
2015-12-01 16:08:58 fib1618: what's interesting here
2015-12-01 16:09:22 fib1618: is that we were looking for some sort of tradable low sometime in mid November going by the action of the MCO
2015-12-01 16:09:33 fib1618: and now it looks like this has been accomplished
2015-12-01 16:09:39 fib1618: in hindsight, of course
2015-12-01 16:10:05 fib1618: as volume wasn't showing enough evidence to call the "all clear" on that idea
2015-12-01 16:10:21 fib1618: but moving to a higher high today changes things now
2015-12-01 16:10:54 fib1618: since we already know that the interest rate sensitive A/D lines were already moving to higher highs going into this past weekend's breadth review
2015-12-01 16:11:12 fib1618: want to check the CO A/D line for a sec
2015-12-01 16:11:41 fib1618: yes...we broke above the 1% Trend on Friday
2015-12-01 16:11:46 fib1618: snapped back on Monday
2015-12-01 16:11:49 fib1618: and moved to a higher high
2015-12-01 16:12:44 fib1618: let me upload the chart
2015-12-01 16:14:05 fib1618:
2015-12-01 16:14:46 fib1618: so you can see how important today's move was in the greater scheme of things
2015-12-01 16:15:12 fib1618: note the successful zero line test of the NYSE CO breadth MCSUM as well
2015-12-01 16:15:40 fib1618: moving to the NYSE Composite breadth MCO
2015-12-01 16:16:25 fib1618: and not only was this MCO turned back at the important +25 level on Monday
2015-12-01 16:16:39 fib1618: but it was then able to turn around and break right through it today
2015-12-01 16:16:55 fib1618: settling today with a +32 reading
2015-12-01 16:17:02 fib1618: so not quite leading the CO data
2015-12-01 16:17:51 fib1618: but there's enough evidence now that the interest rate sensitive issues are beginning to show some bullish character in their make up
2015-12-01 16:17:54 fib1618: and if this is the case
2015-12-01 16:18:19 fib1618: we should see this strength moving into the investment grade and junk bond area
2015-12-01 16:18:23 fib1618: so let's take a look there
2015-12-01 16:18:53 fib1618: yep...strong upside move in CORP today
2015-12-01 16:19:43 fib1618: and really strong upside move in HYG today
2015-12-01 16:20:11 fib1618: now...what I've been able to ascertain with these new A/D lines
2015-12-01 16:20:40 fib1618: is that the IG bonds seem to provide a tip off to the direction of the bond market in general
2015-12-01 16:20:45 fib1618: if this is the case
2015-12-01 16:20:59 fib1618: then the 10 year note should be moving lower now
2015-12-01 16:21:03 fib1618: so let's look at that
2015-12-01 16:21:20 fib1618: and yes...we had a sharp move to the downside today
2015-12-01 16:21:33 fib1618: now yielding 2.16%
2015-12-01 16:21:48 fib1618: and the Junk Bond A/D line is more closely related to equities
2015-12-01 16:21:54 fib1618: as a liquidity compliment
2015-12-01 16:22:09 fib1618: so with HYG up nearly .75% today
2015-12-01 16:22:35 fib1618: that may had been the underlying backdrop of why the market had a rather robust session today
2015-12-01 16:22:41 fib1618: now...
2015-12-01 16:22:59 fib1618: if interest rates are going to remain in and around current levels
2015-12-01 16:23:17 fib1618: this would then extend to seeing the price of gold starting to move higher again
2015-12-01 16:23:20 fib1618: checking
2015-12-01 16:23:49 fib1618: and not much of a move there at this point...only up $4.30 today
2015-12-01 16:23:51 fib1618: however
2015-12-01 16:23:55 fib1618: as we noted over the weekend
2015-12-01 16:24:15 fib1618: we did have our first indication of bullish divergence between the PM A/D line and the price of gold on Friday
2015-12-01 16:24:48 fib1618: so although we might continue to see a continuation of this divergence from this point in time
2015-12-01 16:25:06 fib1618: we may not be fully ready to bottom until more information is provided
2015-12-01 16:25:08 fib1618: in this case
2015-12-01 16:25:19 fib1618: what the FED might do in a couple of weeks
2015-12-01 16:25:30 fib1618: we have ADP tomorrow
2015-12-01 16:25:39 fib1618: and the Jobs numbers on Friday
2015-12-01 16:26:05 fib1618: one would think that we should have a pretty good idea on which side is going to be the winner with regards to which way the FED is likely to go by week's end
2015-12-01 16:26:08 fib1618: but at this point
2015-12-01 16:26:21 fib1618: it would appear that equity traders have now digested a raise in rates
2015-12-01 16:26:27 fib1618: and are happy with that
2015-12-01 16:26:35 fib1618: and if they don't raise rates
2015-12-01 16:26:53 fib1618: honestly...who really knows what the reaction would be?
2015-12-01 16:26:57 fib1618: but at this point
2015-12-01 16:27:27 fib1618: as long as we continue to have constructive technical evidence that underlying strength is continuing to look more solid
2015-12-01 16:27:39 fib1618: we can let others worry about this or that reaction
2015-12-01 16:27:58 fib1618: back to the NYSE Composite breadth MCO
2015-12-01 16:28:05 fib1618: and though we did move to a higher high today
2015-12-01 16:28:25 fib1618: we still remain below the highs of late October and early November
2015-12-01 16:28:32 fib1618: and until these areas are taken out
2015-12-01 16:28:54 fib1618: it's not likely that prices on the NYA will be able to take out the November 2nd highs
2015-12-01 16:29:40 fib1618: looking at the NYSE Composite breadth MCSUM
2015-12-01 16:29:51 fib1618: and we note that it did move up and through the +250 level last Friday
2015-12-01 16:30:04 fib1618: and with two days of follow through to the upside
2015-12-01 16:30:35 fib1618: we can now look for this indicator to continue to move higher toward its next level of natural resistance at the +500 level
2015-12-01 16:31:11 fib1618: the components on both the NYSE CO and Composite also remain positive
2015-12-01 16:31:22 fib1618: so we'll go with the buy signal for now
2015-12-01 16:31:29 fib1618: and see if the other indices agree
2015-12-01 16:32:03 fib1618: after moving above its horizontal resistance area last Thursday
2015-12-01 16:32:43 fib1618: the NASDAQ breadth MCO bounced higher today off of what looks to be these same previous high points
2015-12-01 16:32:53 fib1618: we also had a small point change today of a +3
2015-12-01 16:33:21 fib1618: and even more importantly here
2015-12-01 16:33:38 fib1618: is that we moved up and through the NASDAQ breadth MCSUM zero line today
2015-12-01 16:34:19 fib1618: so new all time price highs in the Composite Index are now a high probability for this current price sequence
2015-12-01 16:35:05 fib1618: we also see that we had good constructive action in the NDX breadth MCO since last Thursday
2015-12-01 16:35:15 fib1618: with a break above the zero line on Friday
2015-12-01 16:35:22 fib1618: snapback to zero on Monday
2015-12-01 16:35:57 fib1618: and higher highs today above our 2nd area of blip resistance from the early November decline
2015-12-01 16:36:36 fib1618: taking ruler to monitor
2015-12-01 16:37:08 fib1618: and we also broke above the declining tops line connecting the early and end October high points on the chart
2015-12-01 16:38:08 fib1618: and we can see the result of the upside break on the 21 day close up chart of the NDX breadth MCSUM as it showed an wider separation of its postings from last weeks bottoming sequence
2015-12-01 16:38:31 fib1618: so we have good constructive evidence now that a turn in the tide is with the bulls
2015-12-01 16:38:51 fib1618: where hopefully we'll see confirmation of this turn with the volume data later on
2015-12-01 16:39:30 fib1618: after hanging around in and around the zero line for the better part of two weeks
2015-12-01 16:39:48 fib1618: the SPX breadth MCO found support and thrusted higher today
2015-12-01 16:40:11 fib1618: while closing at the +30 level
2015-12-01 16:40:46 fib1618: and although we haven't, as yet, moved above the November high points at this stage
2015-12-01 16:41:10 fib1618: we did close above the declining tops line connecting these same three tops we see in the October/early November period
2015-12-01 16:42:11 fib1618: on the negative side
2015-12-01 16:43:06 fib1618: we still haven't moved into the gap resistance area in that SPX breadth MCSUM that was created by the mid November lows in the SPX breadth MCO
2015-12-01 16:43:11 fib1618: and until this area is filled
2015-12-01 16:43:37 fib1618: the market is still vulnerable to a bearish swipe
2015-12-01 16:43:53 fib1618: I guess this would also mean that the OEX data is still on the bearish side
2015-12-01 16:43:57 fib1618: and moving to that
2015-12-01 16:44:25 fib1618: we see that it did what it had to in moving back above its zero line
2015-12-01 16:45:04 fib1618: but it's nowhere as strong as it should be IF we're going to see prices move into new all time high territory...and stay there
2015-12-01 16:45:07 fib1618: but then again
2015-12-01 16:45:37 fib1618: the last couple of weeks of upside hasn't been that friendly to the large caps as it has been to the small caps
2015-12-01 16:45:41 thespookyone: It was getting stronger late, fwiw
2015-12-01 16:45:58 fib1618: I saw that in the Yahoo charts tonight here in the chat room
2015-12-01 16:46:17 fib1618: you can see how the last 2 hours saw a definitive upward bias to it
2015-12-01 16:46:29 thespookyone: yep
2015-12-01 16:46:31 fib1618: as if the shorts were getting sqeeeeeezzzed
2015-12-01 16:47:09 fib1618: after yesterday's lack of being successful in breaking lower
2015-12-01 16:47:38 fib1618: it wasn't until the last hour when it looked like the weak longs capitulated and closed their positions
2015-12-01 16:47:41 fib1618: now...
2015-12-01 16:48:17 fib1618: maybe with China's currency being recognized by the IMF near the close was having its influence
2015-12-01 16:48:19 fib1618: don't know
2015-12-01 16:49:06 fib1618: but I was more than surprised when I saw the Dow futures up some 75 points early last evening
2015-12-01 16:49:15 fib1618: but again
2015-12-01 16:49:37 fib1618: we've been noting how the small caps have been showing a very firm tone over the last week
2015-12-01 16:49:41 fib1618: followed by the mid caps
2015-12-01 16:49:57 fib1618: and that the NYAD line had already moved back into a bullish configuration
2015-12-01 16:50:06 fib1618: the problem though was in the volume area
2015-12-01 16:50:14 fib1618: and maybe that had to do with the holiday shortened week
2015-12-01 16:50:17 fib1618: <shrug>
2015-12-01 16:50:26 fib1618: all I know for now is that today was one of those "show me" days
2015-12-01 16:50:52 fib1618: and if the MID and SML data is anything like I think it is
2015-12-01 16:51:02 fib1618: we could have a nice run here to the upside
2015-12-01 16:51:12 fib1618: also of note
2015-12-01 16:51:28 fib1618: the ISEE data last week moved to below 65
2015-12-01 16:51:41 fib1618: showing that, once again, the put speculators were out in force
2015-12-01 16:51:54 fib1618: and we turned higher from that point
2015-12-01 16:52:26 fib1618: the Dow breadth MCO has the same look to it as the OEX MCO data
2015-12-01 16:52:57 fib1618: both in need of taking out the early November high points in order for prices to do the same
2015-12-01 16:53:09 fib1618: kind of a surprise
2015-12-01 16:53:32 fib1618: but the MID breadth MCO did not move to a higher high today
2015-12-01 16:54:10 fib1618: but it did take out the series of mid range highs last week that we see in the October period
2015-12-01 16:54:15 fib1618: and with that
2015-12-01 16:54:29 fib1618: the MID breadth MCSUM continues to show impressive strength to the upside
2015-12-01 16:54:43 fib1618: closing today with a reading of +604
2015-12-01 16:55:03 fib1618: so we should see this indicator continue to move higher for the rest of this week
2015-12-01 16:55:16 fib1618: with the objective of the +750 level as our target
2015-12-01 16:55:41 fib1618: price wise
2015-12-01 16:55:47 fib1618: a move to the 1505 level is now probable
2015-12-01 16:56:00 fib1618: and if we can get a higher MCO reading
2015-12-01 16:56:09 fib1618: then the all time price highs are likely to be challenged
2015-12-01 16:56:44 fib1618: the structure of the SML breadth MCO is similar to that of the MID MCO
2015-12-01 16:56:53 fib1618: as it too did not move to a higher high today
2015-12-01 16:57:11 fib1618: but it did bounce off of natural support at the +50 level today
2015-12-01 16:57:30 fib1618: so there's a good chance that it will move to a higher high as soon as tomorrow
2015-12-01 16:57:49 fib1618: note also that the SML breadth MCSUM closed today with a reading of +493
2015-12-01 16:58:05 fib1618: so we're likely to move up and through the important +500 level on Wednesday
2015-12-01 16:58:15 fib1618: and usually when we see something like this happens
2015-12-01 16:58:32 fib1618: it's usually on the back of the MCO providing the strength needed to do so
2015-12-01 16:58:34 fib1618: in other words
2015-12-01 16:58:37 fib1618: a higher MCO high
2015-12-01 16:59:01 fib1618: right now...720 looks doable on the SML
2015-12-01 16:59:07 fib1618: let me expand the time sec
2015-12-01 16:59:58 fib1618: with a move above the March highs giving the "all clear" for prices to challenge their all time highs
2015-12-01 17:00:49 fib1618: and after finding support at the +24 level
2015-12-01 17:00:55 fib1618: the TM breadth MCO also moved higher today
2015-12-01 17:01:20 fib1618: settling just above last week's highs
2015-12-01 17:01:44 fib1618: and just slightly above the late October twin tops
2015-12-01 17:03:14 fib1618: so good follow through here by Thursday would be a bullish implication that prices in the Wilshire 5000 will likely challenge their all time highs
2015-12-01 17:03:20 fib1618: so...
2015-12-01 17:03:29 fib1618: this was an excellent character day for the buyers
2015-12-01 17:03:48 fib1618: where they had a lot of things going against them
2015-12-01 17:04:05 fib1618: but this was all thrown aside and a statement was made to contrary
2015-12-01 17:04:17 fib1618: and if the volume side of the equation is also showing strength here
2015-12-01 17:04:34 fib1618: we might turn out to have a pretty good December after all
2015-12-01 17:06:52 fib1618: OK...let's move to the volume McClellan's
2015-12-01 17:07:33 fib1618: both the NYSE CO and Composite volume MCO's also moved sharply higher today
2015-12-01 17:07:43 fib1618: as both moved back into positive territory
2015-12-01 17:08:02 fib1618: and amazingly
2015-12-01 17:08:08 fib1618: both had a reading of +21 today
2015-12-01 17:08:17 fib1618: so as we noted last Tuesday
2015-12-01 17:08:43 fib1618: volume here remains remarkably consistent through out the exchange
2015-12-01 17:09:13 fib1618: with the NYSE Composite volume MCSUM showing a bit of upside leadership over the CO MCSUM
2015-12-01 17:09:44 fib1618: so we're still not confirming the breadth side strength as yet
2015-12-01 17:10:05 fib1618: and this will continue to put on drag on prices in the meantime
2015-12-01 17:10:07 fib1618: however
2015-12-01 17:10:29 fib1618: both of these same volume MCSUM's are a couple of days away from moving up and through their zero lines
2015-12-01 17:11:01 fib1618: so we'll have to see if the buyers continue to belly up here and show some conviction to their change of heart that we saw today
2015-12-01 17:11:19 fib1618: the NASDAQ volume MCO remains very strong here
2015-12-01 17:11:50 fib1618: taking out all of the declining tops of October by the slimmest of margins today
2015-12-01 17:12:19 fib1618: and with this take out of the horizontal MCO highs
2015-12-01 17:12:33 fib1618: the NASDAQ volume MCSUM was able to move up and through the +250 level today
2015-12-01 17:12:49 fib1618: so with this basket of issues
2015-12-01 17:13:00 fib1618: we have good confirmation that we're in gear to the upside
2015-12-01 17:13:12 fib1618: looking at the daily chart
2015-12-01 17:13:29 fib1618: and one can make out a complex inverted head and shoulders configuration
2015-12-01 17:13:40 fib1618: let me check the daily volume for conformation
2015-12-01 17:14:03 fib1618: yes...could be
2015-12-01 17:14:15 fib1618: with a high volume breakout above the neckline today on a closing basis
2015-12-01 17:15:04 fib1618: another good day like this on Thursday would certainly dot the i's and cross the t's on this one
2015-12-01 17:15:37 fib1618: we have a good rhythm now as well with the NDX volume MCO
2015-12-01 17:15:46 fib1618: as it broke above the zero line
2015-12-01 17:15:55 fib1618: snapped back
2015-12-01 17:16:02 fib1618: and has been steadily rising since that time
2015-12-01 17:16:14 fib1618: we also cleared the +25 level today
2015-12-01 17:16:38 fib1618: so that pretty much puts the mid November price lows as being important
2015-12-01 17:16:59 fib1618: notice also on the NDX volume MCSUM
2015-12-01 17:17:18 fib1618: as the "cruise ship" is now making a nice wide arch in going the opposite direction
2015-12-01 17:17:43 fib1618: taking out the November OPEX highs in doing so
2015-12-01 17:18:16 fib1618: good strength from zero line support for the SPX volume MCO as well
2015-12-01 17:18:47 fib1618: noting on the close up 21 day chart of how the 10% Component found zero line support this past week
2015-12-01 17:18:52 fib1618: so we have a buy signal there
2015-12-01 17:19:19 fib1618: and we have the same problems with the OEX volume MCO as we saw with the breadth MCO
2015-12-01 17:19:44 fib1618: as both have only now moved back above their zero lines today
2015-12-01 17:19:49 fib1618: least we're in sync
2015-12-01 17:20:11 fib1618: and that usually means that we have enough consistency between the two to promote a price trend
2015-12-01 17:20:42 fib1618: seeing a bit more strength in the Dow volume MCO
2015-12-01 17:20:49 fib1618: as it moved above last week's spike highs
2015-12-01 17:21:02 fib1618: make that a week before last
2015-12-01 17:21:40 fib1618: but will it be enough to break the directional sag we're seeing in the Dow volume MCSUM?
2015-12-01 17:22:03 fib1618: as with its breadth cousin, the MID volume MCO also didn't see new higher highs today
2015-12-01 17:22:17 fib1618: but we do note that the MID volume MCSUM moved up and through its zero line today
2015-12-01 17:23:00 fib1618: and if we can get the MID MCO above the +50 level
2015-12-01 17:23:26 fib1618: then we'll see the 1505 objective given on the breadth side in quick order
2015-12-01 17:23:59 fib1618: we're seeing a continuation of good upside strength in the SML volume MCO
2015-12-01 17:24:13 fib1618: as it closed today with a reading of +51
2015-12-01 17:24:42 fib1618: so if we're going to see higher prices from here
2015-12-01 17:24:56 fib1618: a higher SML volume MCO would go a long way in making this a reality
2015-12-01 17:25:31 fib1618: as this would allow the MCSUM pattern to move above its early November highs
2015-12-01 17:25:39 fib1618: and from that
2015-12-01 17:26:02 fib1618: we'll get even higher price target projections above 720
2015-12-01 17:26:15 fib1618: got to tell ya
2015-12-01 17:26:24 fib1618: if we have bottomed here
2015-12-01 17:26:33 fib1618: it's one of the sloppiest we've seen in a long time
2015-12-01 17:26:57 fib1618: and if it turns out to be correct
2015-12-01 17:27:23 fib1618: once again the MCSUM did it's job again in projecting the likely time of a tradable low
2015-12-01 17:27:44 fib1618: unfortunately, this time, it wasn't clear as glass
2015-12-01 17:28:18 fib1618: and a higher high/breakout above resistance in the TM volume MCO today
2015-12-01 17:28:49 fib1618: as the TM volume MCSUM did find zero line support back in mid November
2015-12-01 17:29:20 fib1618: with a challenge of the all time price highs now probable
2015-12-01 17:29:27 fib1618: so...
2015-12-01 17:29:57 fib1618: slowly, but surely, the market's participants are placing their bets
2015-12-01 17:30:21 fib1618: and that it looks like we're getting more and more underlying support of higher prices overall
2015-12-01 17:30:23 fib1618: at this point
2015-12-01 17:30:36 fib1618: a challenge of the all time highs in many of the indices looks doable
2015-12-01 17:30:57 fib1618: and all depending on what kind of strength or weakness we see this week
2015-12-01 17:31:11 fib1618: will determine not only how long in time this might continue
2015-12-01 17:31:15 fib1618: but more importantly
2015-12-01 17:31:40 fib1618: if this is just a momentum move off the early October breadth thrusts
2015-12-01 17:32:01 fib1618: and that a divergent trading range will actually be the outcome
2015-12-01 17:32:18 fib1618: a couple more days could give these answers (hopefully)
2015-12-01 17:32:41 fib1618: though I would figure by Friday we'll know pretty much what our blueprint will be going into next year
2015-12-01 17:33:23 fib1618: good zero line thrust support in the CVI's today
2015-12-01 17:33:36 fib1618: should see some upside follow through on this on Wednesday
2015-12-01 17:34:08 fib1618: looks like the STVO's are finding support at or near their zero lines
2015-12-01 17:34:28 fib1618: and the VTO's looking like they want to move north here as one side takes control at the zero lines
2015-12-01 17:34:54 fib1618: to clarify
2015-12-01 17:35:07 fib1618: the SPX and NDX VTO's look like they want to move higher
2015-12-01 17:35:20 fib1618: the OEX and Dow VTO's remain "oversold"
2015-12-01 17:35:34 fib1618: and that should be enough to see some sort of upside follow through
2015-12-01 17:35:48 fib1618: NYSE TRIN at .70
2015-12-01 17:35:53 fib1618: so some short covering there
2015-12-01 17:36:00 fib1618: oh wow
2015-12-01 17:36:25 fib1618: and the NYSE Open 10 moved deeper into "oversold" territory today with a reading of 1.16
2015-12-01 17:36:42 fib1618: that's bullish
2015-12-01 17:37:17 fib1618: as it suggests that the lows of last week's consolidation are likely to hold
2015-12-01 17:37:35 fib1618: NASDAQ TRIN at .78
2015-12-01 17:37:50 fib1618: Open 10 starting to get a bit frothy with a .86
2015-12-01 17:38:00 fib1618: but not as yet "overbought"
2015-12-01 17:38:12 fib1618: TM TRIN at .85
2015-12-01 17:38:21 fib1618: Open 10 at .94
2015-12-01 17:38:25 fib1618: so...
2015-12-01 17:38:50 fib1618: it would appear that the area that is most likely to see the largest gains in the next couple of days will those issues that trade on the NYSE
2015-12-01 17:39:02 fib1618: since it's Open 10 is deeply "oversold"
2015-12-01 17:39:19 fib1618: doesn't mean that ARCA and the NASDAQ won't see comparable gains
2015-12-01 17:39:42 fib1618: only that the NYSE has a better chance of seeing better overall strength
2015-12-01 17:39:56 fib1618: looking at the cumulative charts tonight
2015-12-01 17:40:09 fib1618: I noticed that the weak areas remain with the Canadian issues
2015-12-01 17:40:16 fib1618: but if commodities begin to firm here
2015-12-01 17:40:31 fib1618: we could see a neutral reading in the BETS as soon as tomorrow
2015-12-01 17:40:44 fib1618: interesting times
2015-12-01 17:40:50 fib1618: anything else?
2015-12-01 17:41:42 fib1618: just noticed that the COMPQ moved to above the early November highs today
2015-12-01 17:41:52 fib1618: following the lead of the SML last week
2015-12-01 17:42:12 fib1618: MID also moved to higher highs today as well
2015-12-01 17:42:32 fib1618: and we're getting supportive confirmation now
2015-12-01 17:43:32 fib1618: did you hear what Zuckerberg announced today?
2015-12-01 17:43:54 fib1618: he's donating 99% of his stock holdings in FB to charity
2015-12-01 17:44:09 fib1618: about...oh...46 BILLION dollars
2015-12-01 17:44:21 fib1618: I think I need to start a charity [smile]
2015-12-01 17:45:39 fib1618: OK...if there's nothing else
2015-12-01 17:45:42 fib1618: I'm going to take off
2015-12-01 17:45:50 fib1618: everyone have a great couple of days
2015-12-01 17:46:00 fib1618: we'll see how this all works out on Thursday
2015-12-01 17:46:02 fib1618: good night

Dave's LinkedIn Profile

Technical Watch Twitter Page

Technical Watch Facebook Page

"As for it being different this time, it is different every time. The question is in what way, and to what extent" - Tom McClellan

"An economist is someone who sees something happen, and then wonders if it would work in theory" - Ronald Reagan

"What we see depends mainly on what we look for" - John Lubbock

"The eye sees only what the mind is ready to comprehend" - Henri Bergson

“Answers are easy; it’s asking the right questions which is hard” - Dr. Who - 1977

"You know the very powerful and the very stupid have one thing in common - they don't alter their views to fit the facts, they alter the facts to fit their views (which can be uncomfortable if you happen to be one of the facts that needs altering)" - Dr. Who - 1977

Previous Topic | Next Topic

Quick Navigation:

Easily create a Forum Website with Website Toolbox.

Copyright 2000-2020 Technical Watch