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fib_1618

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Reply with quote  #1 
2012-12-20 16:00:11 [Message] fib_1618 -> Chat: And for the last time for 2012...good day!
2012-12-20 16:00:17 [Message] fib_1618 -> Chat: how is everyone?
2012-12-20 16:02:40 [Message] fib_1618 -> Chat: OK...any questions or comments before we get started??
2012-12-20 16:05:28 [Message] fib_1618 -> Chat: OK...then let me get DP up and we'll get started
2012-12-20 16:05:52 [Message] fib_1618 -> Chat: after a small pullback on Wednesday to just below the +50 level
2012-12-20 16:06:09 [Message] fib_1618 -> Chat: the NYSE CO breadth MCO moved higher today
2012-12-20 16:08:13 [Message] fib_1618 -> Chat: but it's a bit below the Tuesday highs
2012-12-20 16:08:35 [Message] fib_1618 -> Chat: this was enough, however, to push the NYA to new recovery highs today
2012-12-20 16:08:56 [Message] fib_1618 -> Chat: as the one day snapback to what was overhead resistance was successful
2012-12-20 16:09:10 [Message] fib_1618 -> Chat: looking at the NYSE CO breadth MCO
2012-12-20 16:09:16 [Message] fib_1618 -> Chat: and we moved above the +500 level today
2012-12-20 16:09:44 [Message] fib_1618 -> Chat: leaving us with just the mid September highs to overcome to be technically "in the clear"
2012-12-20 16:10:13 [Message] fib_1618 -> Chat: looking at the NYSE composite breadth MCO
2012-12-20 16:10:18 [Message] fib_1618 -> Chat: and here we also moved higher
2012-12-20 16:10:23 [Message] fib_1618 -> Chat: but more importantly
2012-12-20 16:10:33 [Message] fib_1618 -> Chat: we finally took out the early November highs in doing so
2012-12-20 16:10:42 [Message] fib_1618 -> Chat: this now confirms the price breakout
2012-12-20 16:11:00 [Message] fib_1618 -> Chat: and we are now able to remain in this new high territory without the fear of a technical rally failure
2012-12-20 16:11:21 [Message] fib_1618 -> Chat: and with the NYSE composite breadth MCSUM supporting a +468 reading
2012-12-20 16:11:49 [Message] fib_1618 -> Chat: any further strength that we may see near term will provide enough of a push to move above the +500 level
2012-12-20 16:12:03 [Message] fib_1618 -> Chat: and that could be as soon as tomorrow
2012-12-20 16:12:37 [Message] fib_1618 -> Chat: the NASDAQ breadth MCO also moved perceptively above Tuesday's highs today
2012-12-20 16:12:52 [Message] fib_1618 -> Chat: and the NASDAQ breadth MCSUM is now in its second day above its zero line
2012-12-20 16:13:13 [Message] fib_1618 -> Chat: this should then help out the TM breadth MCSUM in expanding the distance in its postings
2012-12-20 16:13:51 [Message] fib_1618 -> Chat: the NDX breadth MCO had a small positive change today
2012-12-20 16:14:01 [Message] fib_1618 -> Chat: not anything to really get excited about
2012-12-20 16:14:30 [Message] fib_1618 -> Chat: but it does provide a bit of caution to the pattern if we don't see good follow through to the upside on Friday...Monday as the latest
2012-12-20 16:15:06 [Message] fib_1618 -> Chat: meanwhile, with a reading of +364, the NDX breadth MCSUM continues its mission of moving toward the +500 level
2012-12-20 16:15:20 [Message] fib_1618 -> Chat: but unless we start to see some fresh buying here
2012-12-20 16:15:39 [Message] fib_1618 -> Chat: it's not likely that we'll see this MCSUM move much above the +500 level...if at all
2012-12-20 16:16:13 [Message] fib_1618 -> Chat: the SPX breadth MCO provided about a 50% bounce of Wednesday's decline
2012-12-20 16:16:31 [Message] fib_1618 -> Chat: but this was still enough to drive the SPX breadth MCSUM above its +500 level today
2012-12-20 16:16:59 [Message] fib_1618 -> Chat: leaving the +750 level of resistance the only thing keeping prices from moving to their all time highs
2012-12-20 16:17:22 [Message] fib_1618 -> Chat: the OEX breadth MCO also bounced higher today
2012-12-20 16:17:25 [Message] fib_1618 -> Chat: but like the SPX
2012-12-20 16:17:38 [Message] fib_1618 -> Chat: the OEX breadth MCSUM has also cleared its +500 level today
2012-12-20 16:17:49 [Message] fib_1618 -> Chat: so the market is really showing some great strength here
2012-12-20 16:18:01 [Message] fib_1618 -> Chat: in spite of all the negative press of the last 2 weeks
2012-12-20 16:18:26 [Message] fib_1618 -> Chat: the OEX breadth MCSUM also broke above its horizontal resistance level today as well
2012-12-20 16:18:39 [Message] fib_1618 -> Chat: so if we have good follow through by Monday
2012-12-20 16:18:55 [Message] fib_1618 -> Chat: we will technically be "in the clear" for further price gains in the OEX index
2012-12-20 16:19:16 [Message] fib_1618 -> Chat: let me take a peak at the price levels that are likely to be met on this sequence
2012-12-20 16:19:18 [Message] fib_1618 -> Chat: one moment
2012-12-20 16:20:53 [Message] fib_1618 -> Chat: resistance points are 675, 700, and then 2007 highs of 725
2012-12-20 16:20:57 [Message] fib_1618 -> Chat: longer term
2012-12-20 16:21:19 [Message] fib_1618 -> Chat: the all time highs with the OEX are at 833
2012-12-20 16:21:24 [Message] fib_1618 -> Chat: so we have a ways to go there
2012-12-20 16:21:38 [Message] fib_1618 -> Chat: a quick welcome back to Princely...glad to see you!!
2012-12-20 16:21:57 [Message] fib_1618 -> Chat: if you have any questions please feel free to interrupt
2012-12-20 16:22:22 [Message] fib_1618 -> Chat: as far as the OEX breadth MCSUM is concerned
2012-12-20 16:22:39 [Message] fib_1618 -> Chat: there isn't any real pattern resistance now until the +1000 level
2012-12-20 16:22:54 [Message] fib_1618 -> Chat: so it could be an interesting ride ahead of us there
2012-12-20 16:23:18 [Message] fib_1618 -> Chat: and like the SPX and OEX breadth MCSUM's
2012-12-20 16:23:29 [Message] fib_1618 -> Chat: the Dow breadth MCSUM also cleared its mid September highs today
2012-12-20 16:23:40 [Message] fib_1618 -> Chat: and looking at the Dow breadth MCO
2012-12-20 16:24:06 [Message] fib_1618 -> Chat: you see a great example of what we refer to as a "complex bullish structure" in the MCO
2012-12-20 16:24:36 [Message] fib_1618 -> Chat: where the pattern rhythm doesn't allow it to move to its zero line...moving net sideways
2012-12-20 16:24:43 [Message] fib_1618 -> Chat: this is a pattern of extreme strength
2012-12-20 16:25:02 [Message] fib_1618 -> Chat: and suggests that it's going to be quite a while before we're likely to see a price pattern top
2012-12-20 16:25:50 [Message] fib_1618 -> Chat: this also suggests that the MCSUM itself is likely to continue higher through the end of the year
2012-12-20 16:26:33 [Message] fib_1618 -> Chat: and pretty much secures a pretty good 1st week of January which is one of those hit or miss indicators...the January Barometer
2012-12-20 16:26:41 [Message] fib_1618 -> Chat: so far then
2012-12-20 16:26:53 [Message] fib_1618 -> Chat: with many of the MCSUM's moving above their +500 level
2012-12-20 16:27:02 [Message] fib_1618 -> Chat: once we get the NYSE Composite to join in
2012-12-20 16:27:26 [Message] fib_1618 -> Chat: this will extend the current advancing sequence pretty much through the month of January
2012-12-20 16:27:36 [Message] fib_1618 -> Chat: and we can add any time factor as we move along
2012-12-20 16:27:58 [Message] fib_1618 -> Chat: new all time close today on the MID index
2012-12-20 16:28:23 [Message] fib_1618 -> Chat: however, this was not confirmed by the MID breadth MCO as it remained below Tuesday's highs
2012-12-20 16:28:37 [Message] fib_1618 -> Chat: and as we look at the MID breadth MCSUM
2012-12-20 16:28:45 [Message] fib_1618 -> Chat: we see it continues to sprint higher here
2012-12-20 16:29:03 [Message] fib_1618 -> Chat: with a current reading of +664 on its way to the +750 level
2012-12-20 16:29:24 [Message] fib_1618 -> Chat: where we also see pattern resistance of the mid September high point in the MCSUM pattern
2012-12-20 16:29:31 [Message] fib_1618 -> Chat: so steady as she goes there
2012-12-20 16:29:49 [Message] fib_1618 -> Chat: the SML breadth MCO moved to higher highs today
2012-12-20 16:29:55 [Message] fib_1618 -> Chat: whoops
2012-12-20 16:29:58 [Message] fib_1618 -> Chat: strike that
2012-12-20 16:30:15 [Message] fib_1618 -> Chat: it bounced today, but like the MID, it did NOT move to higher highs
2012-12-20 16:30:30 [Message] fib_1618 -> Chat: but the MID breadth MCSUM did clear the important +500 level today
2012-12-20 16:30:51 [Message] fib_1618 -> Chat: and that should be enough for a move to new all time price highs in the SML index itself
2012-12-20 16:31:22 [Message] fib_1618 -> Chat: where it closed today above the last level of potential pattern resistance at the early October highs
2012-12-20 16:31:40 [Message] fib_1618 -> Chat: so we should expect a challenge of the all time highs probably by the end of next week
2012-12-20 16:32:00 [Message] fib_1618 -> Chat: and a higher high today in the TM breadth MCO
2012-12-20 16:32:28 [Message] fib_1618 -> Chat: and we have now moved slightly above the +250 level today with a reading of +251
2012-12-20 16:32:32 [Message] fib_1618 -> Chat: so....
2012-12-20 16:32:48 [Message] fib_1618 -> Chat: money continues to pour into US equities
2012-12-20 16:32:56 [Message] fib_1618 -> Chat: and like we were thinking over the last week
2012-12-20 16:33:26 [Message] fib_1618 -> Chat: did you notice how the market spiked higher at the close on the news that the US Senate decided to break for the Christmas holiday?
2012-12-20 16:33:41 [Message] fib_1618 -> Chat: no news...or keeping the status quo then..is bullish for the market
2012-12-20 16:34:14 [Message] fib_1618 -> Chat: so it wouldn't at all be surprising that we have a good day overall on Friday...maybe into Monday as well
2012-12-20 16:34:32 [Message] fib_1618 -> Chat: don't forget that tomorrow is quad witching
2012-12-20 16:34:49 [Message] fib_1618 -> Chat: and usually this is the expiration with the highest volume of the 4 quarters
2012-12-20 16:34:55 [Message] fib_1618 -> Chat: and, of course
2012-12-20 16:35:10 [Message] fib_1618 -> Chat: if the world doesn't end by the cash open...we might have a relief rally as well
2012-12-20 16:38:05 [Message] fib_1618 -> Chat: on to the sector breadth McClellan's
2012-12-20 16:38:39 [Message] fib_1618 -> Chat: after snapping back to the previous all time highs on Wednesday
2012-12-20 16:38:46 [Message] fib_1618 -> Chat: the XLY moved higher today
2012-12-20 16:39:29 [Message] fib_1618 -> Chat: and until we can get the XLY breadth MCSUM to clear its +250 level
2012-12-20 16:39:47 [Message] fib_1618 -> Chat: bulletin...there may not be enough House votes for Plan B to pass
2012-12-20 16:40:07 [Message] fib_1618 -> Chat: don't you love the body politic?
2012-12-20 16:40:12 [Message] fib_1618 -> Chat: anyway
2012-12-20 16:40:47 [Message] fib_1618 -> Chat: so the bulls would want the XLY breadth MCO to develop some complexity to its structure
2012-12-20 16:41:14 [Message] fib_1618 -> Chat: so that the MCSUM can indeed clear the important +250 level
2012-12-20 16:42:00 [Message] fib_1618 -> Chat: the XLP breadth MCO continues to move to and fro at around its zero line
2012-12-20 16:42:34 [Message] fib_1618 -> Chat: and this is keeping the XLP moving sideways reflecting the no net gain (or loss) in money flow
2012-12-20 16:42:56 [Message] fib_1618 -> Chat: putting ruler to monitor
2012-12-20 16:43:20 [Message] fib_1618 -> Chat: we also note that today's reading in the XLP MCO is just below the accelerated declining tops line seen in the MCO structure
2012-12-20 16:44:02 [Message] fib_1618 -> Chat: so any break above this line of negative influence should be enough for prices to move to new all time highs
2012-12-20 16:44:24 [Message] fib_1618 -> Chat: and lower lows in the MCO, however, might signify the possibility of a double top
2012-12-20 16:44:31 [Message] fib_1618 -> Chat: so we'll see how that goes
2012-12-20 16:44:49 [Message] fib_1618 -> Chat: like the rest of the market
2012-12-20 16:45:07 [Message] fib_1618 -> Chat: the XLE price pattern has found a successful test (so far) on its snapback
2012-12-20 16:45:27 [Message] fib_1618 -> Chat: with the XLE breadth MCSUM continuing its trek toward the +500 level
2012-12-20 16:46:06 [Message] fib_1618 -> Chat: new recovery highs again in the XLF today
2012-12-20 16:46:15 [Message] fib_1618 -> Chat: so it looks like we're on our way to $20 there
2012-12-20 16:46:34 [Message] fib_1618 -> Chat: the price pattern itself has good structure to it
2012-12-20 16:47:01 [Message] fib_1618 -> Chat: and with the XLF breadth MCSUM clearing its "escape velocity" level on Friday
2012-12-20 16:47:14 [Message] fib_1618 -> Chat: we're pretty much on cruise control now to the upside minus any unseen potholes in the road
2012-12-20 16:47:49 [Message] fib_1618 -> Chat: we have what could turn out to be an interesting story with the health sector
2012-12-20 16:48:08 [Message] fib_1618 -> Chat: with the XLV breadth MCSUM continuing to climb above the +750 level
2012-12-20 16:48:18 [Message] fib_1618 -> Chat: one could suggest that with this internal strength
2012-12-20 16:48:44 [Message] fib_1618 -> Chat: that an complex inverse head and shoulders pattern maybe in the offering here with respect to prices
2012-12-20 16:48:59 [Message] fib_1618 -> Chat: with the horizontal neckline at the all time highs
2012-12-20 16:49:10 [Message] fib_1618 -> Chat: if it is
2012-12-20 16:49:22 [Message] fib_1618 -> Chat: the upside target on the breakout would be between 43 and 44
2012-12-20 16:49:52 [Message] fib_1618 -> Chat: the XLI breadth MCSUM has now cleared into new 52 week high territory
2012-12-20 16:49:57 [Message] fib_1618 -> Chat: and as we know all so well
2012-12-20 16:50:26 [Message] fib_1618 -> Chat: this sector is very closely related to both the Dow Industrials and the Transportation indexes
2012-12-20 16:50:31 [Message] fib_1618 -> Chat: so this is very bullish here
2012-12-20 16:51:27 [Message] fib_1618 -> Chat: and...look at the high volume breakout to the upside in the Transports!
2012-12-20 16:51:48 [Message] fib_1618 -> Chat: we were just commenting on watching this index just last week
2012-12-20 16:52:25 [Message] fib_1618 -> Chat: closed at 5358 today
2012-12-20 16:52:42 [Message] fib_1618 -> Chat: the all time highs there are 5618
2012-12-20 16:52:52 [Message] fib_1618 -> Chat: so we're about 250 points away from that
2012-12-20 16:52:59 [Message] fib_1618 -> Chat: and...
2012-12-20 16:53:17 [Message] fib_1618 -> Chat: this break to the upside in the Transports cancels any sell signal in Dow Theory
2012-12-20 16:53:33 [Message] fib_1618 -> Chat: so another bearish omen has been reduced to dust
2012-12-20 16:54:19 [Message] fib_1618 -> Chat: so now the next potential area of resistance for the XLI breadth MCSUM will be +1250 and +1500
2012-12-20 16:54:25 [Message] fib_1618 -> Chat: if we can break above +1500
2012-12-20 16:54:51 [Message] fib_1618 -> Chat: that would clear the way for both the Dow Industrials AND the Transports to move to new all time highs
2012-12-20 16:55:03 [Message] fib_1618 -> Chat: so this one is worth watching
2012-12-20 16:55:28 [Message] fib_1618 -> Chat: the 3 year price pattern here is looking unbelievably bullish here
2012-12-20 16:55:39 [Message] fib_1618 -> Chat: bottoms above bottoms across a 3 year time span now
2012-12-20 16:56:01 [Message] fib_1618 -> Chat: and breadth continues to improve to support the idea of an eventual breakout here
2012-12-20 16:56:32 [Message] fib_1618 -> Chat: if we had a slowing of this same strength...then one could opine the top of a trading range
2012-12-20 16:56:43 [Message] fib_1618 -> Chat: but that doesn't look like it's going to happen
2012-12-20 16:56:50 [Message] fib_1618 -> Chat: it's all up to money
2012-12-20 16:56:58 [Message] fib_1618 -> Chat: and its dynamic
2012-12-20 16:57:09 [Message] fib_1618 -> Chat: the more fuel available, the higher prices will travel
2012-12-20 16:57:54 [Message] fib_1618 -> Chat: the XLB breadth MCO continues to generate incredible strength here
2012-12-20 16:58:08 [Message] fib_1618 -> Chat: and the XLB breadth MCSUM has now cleared its +500 level
2012-12-20 16:58:30 [Message] fib_1618 -> Chat: there's a lot of potential here...well worth our attention
2012-12-20 16:58:50 [Message] fib_1618 -> Chat: and the XLK breadth MCSUM has cleared its double resistance by moving above its +500 level today
2012-12-20 16:59:08 [Message] fib_1618 -> Chat: so an "all clear" there
2012-12-20 16:59:29 [Message] fib_1618 -> Chat: and prices aren't anywhere close to reflecting the strength coming in here
2012-12-20 16:59:39 [Message] fib_1618 -> Chat: seems like a great buy point for the sector
2012-12-20 16:59:55 [Message] fib_1618 -> Chat: with a stop at 28.50
2012-12-20 17:00:05 [Message] fib_1618 -> Chat: less than a buck
2012-12-20 17:00:27 [Message] fib_1618 -> Chat: risk/reward is stellar for the bulls
2012-12-20 17:00:51 [Message] fib_1618 -> Chat: and the XLU data continues in revival mode
2012-12-20 17:01:22 [Message] fib_1618 -> Chat: as money continues to fill the void left by the hard selling we saw during the month of November
2012-12-20 17:01:24 [Message] fib_1618 -> Chat: so...
2012-12-20 17:01:30 [Message] fib_1618 -> Chat: the market continues to build strength
2012-12-20 17:01:41 [Message] fib_1618 -> Chat: with many of the breadth MCSUM's now clearing their +500 level
2012-12-20 17:02:01 [Message] fib_1618 -> Chat: all we need is for the parent to join the party (NYSE composite MCSUM)
2012-12-20 17:02:17 [Message] fib_1618 -> Chat: and we should be moving higher through the end of January
2012-12-20 17:02:29 [Message] fib_1618 -> Chat: the more MCSUM tops we take out
2012-12-20 17:02:35 [Message] fib_1618 -> Chat: the longer the rally will become
2012-12-20 17:02:43 [Message] fib_1618 -> Chat: our longer term expectation remains for an April/May top
2012-12-20 17:03:01 [Message] fib_1618 -> Chat: all we need is for the money to confirm this on an intermediate and short term basis
2012-12-20 17:03:09 [Message] fib_1618 -> Chat: moving to the volume McClellan's
2012-12-20 17:03:39 [Message] fib_1618 -> Chat: the NYSE composite volume MCSUM continues to lead its breadth cousin higher
2012-12-20 17:03:48 [Message] fib_1618 -> Chat: and has now crossed above the +500 level
2012-12-20 17:04:02 [Message] fib_1618 -> Chat: so once we get breadth to agree (as soon as Friday)
2012-12-20 17:04:16 [Message] fib_1618 -> Chat: we can become motr aggressive in our buying
2012-12-20 17:04:26 [Message] fib_1618 -> Chat: upgraded from accumulation
2012-12-20 17:04:42 [Message] fib_1618 -> Chat: let me take a quick look at the BETS number
2012-12-20 17:05:41 [Message] fib_1618 -> Chat: the NAAD line is now up against its 1% Trend (200 day EMA) where it's been turned away many times in the past
2012-12-20 17:06:19 [Message] fib_1618 -> Chat: new all time highs today in the NYAD line
2012-12-20 17:07:00 [Message] fib_1618 -> Chat: right now the BETS is at a +30
2012-12-20 17:07:21 [Message] fib_1618 -> Chat: we've had 2 or 3 charts go to bullish configurations this week
2012-12-20 17:07:45 [Message] fib_1618 -> Chat: but the secondary Canadian stocks are keeping ourselves from an all out buy here
2012-12-20 17:07:57 [Message] fib_1618 -> Chat: but that's part of the body in which we work with
2012-12-20 17:08:12 [Message] fib_1618 -> Chat: we'll see how it looks tomorrow
2012-12-20 17:08:35 [Message] fib_1618 -> Chat: a small downward change in the NASDAQ volume MCO today
2012-12-20 17:08:51 [Message] fib_1618 -> Chat: but it was enough to push the NASDAQ volume MCSUM above its +500 level
2012-12-20 17:09:11 [Message] fib_1618 -> Chat: so we'll see if we can now improve on that since the breadth MCSUM has cleared above its zero line now
2012-12-20 17:09:29 [Message] fib_1618 -> Chat: small point change as well on the NDX volume MCO
2012-12-20 17:09:47 [Message] fib_1618 -> Chat: and the NDX volume MCSUM will move above its +500 level on Friday or Monday
2012-12-20 17:10:06 [Message] fib_1618 -> Chat: the SPX volume MCSUM is also above its +500 level now
2012-12-20 17:10:19 [Message] fib_1618 -> Chat: the OEX should join in on Friday
2012-12-20 17:10:34 [Message] fib_1618 -> Chat: as you have probably have noticed
2012-12-20 17:10:40 [Message] fib_1618 -> Chat: the higher the MCSUM readings
2012-12-20 17:10:56 [Message] fib_1618 -> Chat: the less the amount of time that the sellers will have in pushing their opinion
2012-12-20 17:11:08 [Message] fib_1618 -> Chat: yesterday is a good example...a one day pull back
2012-12-20 17:11:22 [Message] fib_1618 -> Chat: where at least half of any losses were made up today
2012-12-20 17:11:33 [Message] fib_1618 -> Chat: while the RUT improved on its positive close
2012-12-20 17:11:50 [Message] fib_1618 -> Chat: and the MID and SML improved on its slightly lower close from Wednesday
2012-12-20 17:12:15 [Message] fib_1618 -> Chat: small point change as well on the MID volume MCO
2012-12-20 17:12:27 [Message] fib_1618 -> Chat: and the MID volume MCSUM has now cleared above the +750 level
2012-12-20 17:12:42 [Message] fib_1618 -> Chat: but remains just below its mid September highs
2012-12-20 17:13:06 [Message] fib_1618 -> Chat: if both the MID breadth and volume MCSUM's can move above this September level
2012-12-20 17:13:27 [Message] fib_1618 -> Chat: prices will be free to move as high as what money will allow them to go
2012-12-20 17:13:51 [Message] fib_1618 -> Chat: the SML volume MCSUM continues to move sharply higher
2012-12-20 17:14:15 [Message] fib_1618 -> Chat: and is now less than 137 data points from moving above the +500
2012-12-20 17:14:26 [Message] fib_1618 -> Chat: more importantly, it continues to lead its breadth cousin in this same direction
2012-12-20 17:14:37 [Message] fib_1618 -> Chat: we're really running on all cylinders here
2012-12-20 17:15:00 [Message] fib_1618 -> Chat: making any long trades fairly simple in being profitable
2012-12-20 17:15:11 [Message] fib_1618 -> Chat: as long as you move money into the areas in which money is already flowing
2012-12-20 17:15:19 [Message] fib_1618 -> Chat: like the stocks in the XLI
2012-12-20 17:15:25 [Message] fib_1618 -> Chat: or in the XLK, XLF
2012-12-20 17:15:41 [Message] fib_1618 -> Chat: anywhere we're seeing breakouts in both breadth and volume
2012-12-20 17:15:49 [Message] fib_1618 -> Chat: wow
2012-12-20 17:16:02 [Message] fib_1618 -> Chat: and the TM volume MCSUM has now cleared its double resistance of +500
2012-12-20 17:16:09 [Message] fib_1618 -> Chat: which is also the highs of mid September
2012-12-20 17:16:23 [Message] fib_1618 -> Chat: so...this rally is for real
2012-12-20 17:16:42 [Message] fib_1618 -> Chat: and it continues to be fueled by worry
2012-12-20 17:16:58 [Message] fib_1618 -> Chat: while many are chomping at the bit emotionally
2012-12-20 17:17:13 [Message] fib_1618 -> Chat: money is moving in at a brisk enough pace to where it can not be ignored
2012-12-20 17:17:24 [Message] fib_1618 -> Chat: let's look at the volume oscillators
2012-12-20 17:18:08 [Message] fib_1618 -> Chat: CVI's relieved their climactic readings of Tuesday
2012-12-20 17:18:14 [Message] fib_1618 -> Chat: the STVO's remain "overbought"
2012-12-20 17:18:23 [Message] fib_1618 -> Chat: the VTO's remain in "trending mode"
2012-12-20 17:18:53 [Message] fib_1618 -> Chat: after a nice high reading of 1.77 on Wednesday
2012-12-20 17:19:13 [Message] fib_1618 -> Chat: buying returned today on the NYSE TRIN with a reading of .66
2012-12-20 17:19:23 [Message] fib_1618 -> Chat: Open 10 at .83
2012-12-20 17:19:30 [Message] fib_1618 -> Chat: so no longer "overbought"
2012-12-20 17:19:36 [Message] fib_1618 -> Chat: correcting on the fly now
2012-12-20 17:19:49 [Message] fib_1618 -> Chat: NASDAQ TRIN at 1.28
2012-12-20 17:20:00 [Message] fib_1618 -> Chat: Open 10 at (wow) .94
2012-12-20 17:20:13 [Message] fib_1618 -> Chat: so on the bullish side of neutral now
2012-12-20 17:20:19 [Message] fib_1618 -> Chat: that's trouble for the bears
2012-12-20 17:20:27 [Message] fib_1618 -> Chat: TM TRIN At 1.14
2012-12-20 17:20:35 [Message] fib_1618 -> Chat: Open 10 at .89
2012-12-20 17:20:38 [Message] fib_1618 -> Chat: neutral
2012-12-20 17:20:42 [Message] fib_1618 -> Chat: so...
2012-12-20 17:20:49 [Message] fib_1618 -> Chat: we're no longer "overbought"
2012-12-20 17:21:04 [Message] fib_1618 -> Chat: we have good breadth and volume
2012-12-20 17:21:22 [Message] fib_1618 -> Chat: and the fundamental background has us over a cliff
2012-12-20 17:21:25 [Message] fib_1618 -> Chat: what's not to like?
2012-12-20 17:21:33 [Message] fib_1618 -> Chat: long and strong
2012-12-20 17:21:53 [Message] fib_1618 -> Chat: especially if we get the all clear from the NYSE composite breadth MCSUM near term
2012-12-20 17:21:56 [Message] fib_1618 -> Chat: anything else?
2012-12-20 17:22:20 [Message] fib_1618 -> Chat: I should have January's chat schedule up sometime next week
2012-12-20 17:22:22 [Message] fib_1618 -> Chat: at this point
2012-12-20 17:22:44 [Message] fib_1618 -> Chat: it will be Wednesday (1/2) and Thursday (1/3) after the new year
2012-12-20 17:23:29 [Message] fib_1618 -> Chat: comments? questions?
2012-12-20 17:23:38 [Message] unc1998 -> Chat: futures are getting killed
2012-12-20 17:23:43 [Message] fib_1618 -> Chat: are they?
2012-12-20 17:23:45 [Message] fib_1618 -> Chat: let me check
2012-12-20 17:23:58 [Message] fib_1618 -> Chat: ha!
2012-12-20 17:24:04 [Message] fib_1618 -> Chat: well...
2012-12-20 17:24:20 [Message] fib_1618 -> Chat: not surprising...I guess they didn't get Plan B passed or put to a vote
2012-12-20 17:24:20 [Message] unc1998 -> Chat: nq is anyway lol
2012-12-20 17:24:26 [Message] fib_1618 -> Chat: they all are
2012-12-20 17:24:29 [Message] fib_1618 -> Chat: Dow is down 102
2012-12-20 17:24:41 [Message] fib_1618 -> Chat: -76 fair value
2012-12-20 17:24:55 [Message] fib_1618 -> Chat: ES down 12.50
2012-12-20 17:25:09 [Message] fib_1618 -> Chat: 9.50 on fair value
2012-12-20 17:25:13 [Message] fib_1618 -> Chat: but I wouldn't worry about it
2012-12-20 17:25:17 [Message] fib_1618 -> Chat: remember
2012-12-20 17:25:22 [Message] fib_1618 -> Chat: it's quad witching tomorrow
2012-12-20 17:25:27 [Message] fib_1618 -> Chat: and if we're going higher
2012-12-20 17:25:41 [Message] fib_1618 -> Chat: specialists and market makers would like nothing better than to accumulate stock
2012-12-20 17:26:01 [Message] fib_1618 -> Chat: and even if everything fell apart
2012-12-20 17:26:09 [Message] fib_1618 -> Chat: it's going to take a couple of weeks now to turn the tide
2012-12-20 17:26:24 [Message] fib_1618 -> Chat: remain focused on what money is telling you
2012-12-20 17:26:36 [Message] fib_1618 -> Chat: not the media or political body
2012-12-20 17:26:38 [Message] fib_1618 -> Chat: and...
2012-12-20 17:26:41 [Message] unc1998 -> Chat: bargains to be had 
2012-12-20 17:26:44 [Message] fib_1618 -> Chat: like we've talking about
2012-12-20 17:26:57 [Message] fib_1618 -> Chat: it's likely that nothing will be done before the end of the year
2012-12-20 17:27:15 [Message] fib_1618 -> Chat: and that "they" will "promise" to take care of this once the new Congress is sworn in
2012-12-20 17:27:27 [Message] fib_1618 -> Chat: the President has left town
2012-12-20 17:27:33 [Message] fib_1618 -> Chat: the Senate is on holiday break
2012-12-20 17:27:36 [Message] fib_1618 -> Chat: and, now, so is the House
2012-12-20 17:27:56 [Message] fib_1618 -> Chat: so if anything it going to happen...you only have 3 days next week
2012-12-20 17:27:58 [Message] fib_1618 -> Chat: and that's not likely
2012-12-20 17:28:02 [Message] fib_1618 -> Chat: meanwhile
2012-12-20 17:28:09 [Message] fib_1618 -> Chat: the bears will be foaming at the muzzle
2012-12-20 17:28:31 [Message] fib_1618 -> Chat: but they won't have enough to push things in their direction for more than a day
2012-12-20 17:28:35 [Message] fib_1618 -> Chat: Monday is a half day
2012-12-20 17:28:50 [Message] fib_1618 -> Chat: and low volume could create some interesting moves
2012-12-20 17:28:56 [Message] fib_1618 -> Chat: I wouldn't worry about it
2012-12-20 17:29:22 [Message] fib_1618 -> Chat: long and strong remains the blueprint...until PROVEN otherwise
2012-12-20 17:29:38 [Message] fib_1618 -> Chat: looking at the charts
2012-12-20 17:29:52 [Message] fib_1618 -> Chat: why wouldn't the NYA have another test of what was previous resistance?
2012-12-20 17:29:58 [Message] fib_1618 -> Chat: we see this all the time
2012-12-20 17:30:07 [Message] fib_1618 -> Chat: as long as the underlying trend remains higher
2012-12-20 17:30:16 [Message] fib_1618 -> Chat: all surprises will be in that direction
2012-12-20 17:30:32 [Message] fib_1618 -> Chat: what was disappointing today was gold's break of support
2012-12-20 17:30:44 [Message] fib_1618 -> Chat: and if the internals broke down as well
2012-12-20 17:31:01 [Message] fib_1618 -> Chat: gold might be trending lower now probably until April or May
2012-12-20 17:31:16 [Message] fib_1618 -> Chat: and that's not good for the longer term equity market
2012-12-20 17:31:24 [Message] fib_1618 -> Chat: we'll see how it goes
2012-12-20 17:31:30 [Message] fib_1618 -> Chat: anything else?
2012-12-20 17:31:56 [Message] fib_1618 -> Chat: the thing with gold is...
2012-12-20 17:32:18 [Message] fib_1618 -> Chat: ETF's like GDX continue to draw in money
2012-12-20 17:32:41 [Message] fib_1618 -> Chat: these traders don't either believe or don't know that gold has broken technical support here
2012-12-20 17:32:47 [Message] fib_1618 -> Chat: and once they realize this
2012-12-20 17:33:06 [Message] fib_1618 -> Chat: I'm afraid we're going to see a sever sell off
2012-12-20 17:33:09 [Message] fib_1618 -> Chat: besides
2012-12-20 17:33:22 [Message] fib_1618 -> Chat: the 13 month cycle low of gold is due in April/May
2012-12-20 17:33:51 [Message] fib_1618 -> Chat: anyway...until we see clarity there
2012-12-20 17:34:02 [Message] fib_1618 -> Chat: better to go with what we know
2012-12-20 17:34:16 [Message] fib_1618 -> Chat: OK...if there's nothing else
2012-12-20 17:34:28 [Message] fib_1618 -> Chat: I wanted to take a moment to thank all of your for your continued support
2012-12-20 17:34:55 [Message] fib_1618 -> Chat: and I hope that your best trade in 2012 turns out to be your worst one 2013
2012-12-20 17:35:07 [Message] fib_1618 -> Chat: wishing everyone a great holiday season
2012-12-20 17:35:17 [Message] fib_1618 -> Chat: and we'll meet up again on January 2nd
2012-12-20 17:35:17 [Message] unc1998 -> Chat: Thank you Dave for everything...Happy Holidays!
2012-12-20 17:35:23 [Message] fib_1618 -> Chat: good night

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