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fib_1618

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Posts: 4,419
Reply with quote  #1 
2014-12-04 16:00:19 [Message] fib_1618 -> Chat: good day
2014-12-04 16:00:28 [Message] fib_1618 -> Chat: how's it going? [smile]
2014-12-04 16:00:46 [Message] rite01 -> Chat: Going good! and you?
2014-12-04 16:01:08 [Message] fib_1618 -> Chat: fine and dandy-o
2014-12-04 16:01:17 [Message] hawk5734 -> Chat: good day all
2014-12-04 16:01:31 [Message] rite01 -> Chat: good to hear and I want to give thanks to hawk
2014-12-04 16:01:50 [Message] rite01 -> Chat: for his question on the snapback
2014-12-04 16:02:01 [Message] fib_1618 -> Chat: you saw the chart?
2014-12-04 16:02:36 [Message] rite01 -> Chat: Fib's detailed answer sure really opened up my eyes it took me a while but I think I've got it
2014-12-04 16:02:58 [Message] fib_1618 -> Chat: hopefully the chart I drew up helped
2014-12-04 16:03:14 [Message] hawk5734 -> Chat: it was very helpful
2014-12-04 16:03:22 [Message] fib_1618 -> Chat: sometimes
2014-12-04 16:03:49 [Message] fib_1618 -> Chat: when you know something well you tend to think that everyone knows what you're talking about
2014-12-04 16:03:57 [Message] fib_1618 -> Chat: this is why I encourage questions
2014-12-04 16:04:03 [Message] rite01 -> Chat: Fib Where was this chart you speak of?  I just looked at my on SC chart
2014-12-04 16:04:16 [Message] fib_1618 -> Chat: in the transcripts
2014-12-04 16:04:31 [Message] fib_1618 -> Chat: I included a link to a chart during the discussion
2014-12-04 16:04:50 [Message] rite01 -> Chat: Sorry did not get that link part
2014-12-04 16:04:51 [Message] fib_1618 -> Chat: you'll see it right away if you look at the scripts
2014-12-04 16:05:01 [Message] fib_1618 -> Chat: let me see where it's at
2014-12-04 16:05:02 [Message] fib_1618 -> Chat: one sec
2014-12-04 16:05:28 [Message] fib_1618 -> Chat: look at 16:48:34
2014-12-04 16:05:46 [Message] hawk5734 -> Chat: glad the question helped someone...in addition to myself lol
2014-12-04 16:05:54 [Message] fib_1618 -> Chat: [smile]
2014-12-04 16:06:06 [Message] fib_1618 -> Chat: the only silly question is the one that isn't asked
2014-12-04 16:06:25 [Message] rite01 -> Chat: You mean the explanation not he chart link right?
2014-12-04 16:06:32 [Message] fib_1618 -> Chat: OK...any questions to comments before we get started?
2014-12-04 16:07:11 [Message] fib_1618 -> Chat: you will find a chart link right after I say: "so...in essence...snapback complete"
2014-12-04 16:07:26 [Message] fib_1618 -> Chat: it should be highlighted
2014-12-04 16:08:00 [Message] rite01 -> Chat: I'll find it thanks again.
2014-12-04 16:08:11 [Message] fib_1618 -> Chat: you shouldn't have a problem
2014-12-04 16:08:22 [Message] fib_1618 -> Chat: OK...let's get SC up and get started
2014-12-04 16:09:19 [Message] fib_1618 -> Chat: we'll skip the CO data as it's not updated yet
2014-12-04 16:09:28 [Message] fib_1618 -> Chat: moving to the NYSE Composite breadth MCO
2014-12-04 16:09:53 [Message] fib_1618 -> Chat: and we see that after we moved back above the zero line on Wednesday
2014-12-04 16:10:02 [Message] fib_1618 -> Chat: we moved back below this same line today
2014-12-04 16:11:01 [Message] fib_1618 -> Chat: with a battle between buyers and sellers going on as we move into tomorrow's jobs report
2014-12-04 16:11:41 [Message] fib_1618 -> Chat: the NYSE Composite MCO components are also back to a crossover sell signal tonight
2014-12-04 16:11:54 [Message] fib_1618 -> Chat: though both remain above their respective zero lines
2014-12-04 16:12:20 [Message] fib_1618 -> Chat: this divergence between the MCO and its components continues to suggest corrective activity at this time
2014-12-04 16:12:42 [Message] fib_1618 -> Chat: and when we look at the close up price chart of the NYA
2014-12-04 16:12:52 [Message] fib_1618 -> Chat: we can see the choppy behavior this is causing
2014-12-04 16:13:16 [Message] fib_1618 -> Chat: with a slight bullish bias because of the intermediate term control the buyers have as measured by the NYSE breadth MCSUM
2014-12-04 16:14:09 [Message] fib_1618 -> Chat: we'll also call today's price bar indecisive as well with a close in the middle of the day's range
2014-12-04 16:15:11 [Message] fib_1618 -> Chat: so until we see a break above the declining tops line currently controlling the NYSE Composite breadth MCO
2014-12-04 16:15:38 [Message] fib_1618 -> Chat: we'll not likely see the Friday's downside price gap filled
2014-12-04 16:16:10 [Message] fib_1618 -> Chat: sorry...studying
2014-12-04 16:16:22 [Message] fib_1618 -> Chat: looking for clues [smile]
2014-12-04 16:16:47 [Message] fib_1618 -> Chat: based on the structure of the NYSE breadth MCSUM
2014-12-04 16:17:00 [Message] fib_1618 -> Chat: it would appear that whatever happens on Friday
2014-12-04 16:17:08 [Message] fib_1618 -> Chat: it's likely going to set the table for the next couple of weeks
2014-12-04 16:17:18 [Message] fib_1618 -> Chat: either we break to the upside and rally into OPEX
2014-12-04 16:17:40 [Message] fib_1618 -> Chat: or we'll be stuck in a high level consolidation pattern structure
2014-12-04 16:17:58 [Message] fib_1618 -> Chat: with the downside limit of 10,850 on the NYA
2014-12-04 16:18:58 [Message] fib_1618 -> Chat: indecision points can be a technician's worst nightmare
2014-12-04 16:19:16 [Message] fib_1618 -> Chat: as much of this indecision is based more on emotion that it is of substance
2014-12-04 16:19:29 [Message] fib_1618 -> Chat: let's see what the other charts are saying
2014-12-04 16:19:55 [Message] fib_1618 -> Chat: the NASDAQ breadth MCO is showing the same kind of whipsaw action on and around its zero line
2014-12-04 16:20:01 [Message] fib_1618 -> Chat: but here we only closed at a -5 today
2014-12-04 16:20:09 [Message] fib_1618 -> Chat: showing a bit more strength than the NYSE
2014-12-04 16:21:39 [Message] rite01 -> Chat: Where do you see a bit more strength?
2014-12-04 16:21:53 [Message] fib_1618 -> Chat: this can be a good sign (whisper) that money is betting on a "growth spurt" here near term
2014-12-04 16:22:01 [Message] fib_1618 -> Chat: the difference between the MCO readings
2014-12-04 16:22:14 [Message] fib_1618 -> Chat: the RA had a reading of -8
2014-12-04 16:22:30 [Message] fib_1618 -> Chat: you could call it by "an eyelash"
2014-12-04 16:22:37 [Message] rite01 -> Chat: Thanks
2014-12-04 16:22:48 [Message] fib_1618 -> Chat: but these are the "whispers" that can make or break a forecast
2014-12-04 16:22:57 [Message] fib_1618 -> Chat: we also have to keep in mind that the NDX has been doing very well here
2014-12-04 16:23:01 [Message] fib_1618 -> Chat: or was as of Tuesday
2014-12-04 16:23:14 [Message] fib_1618 -> Chat: so it could be part of a "overflow" from that
2014-12-04 16:23:19 [Message] fib_1618 -> Chat: so in this case
2014-12-04 16:23:34 [Message] fib_1618 -> Chat: if growth is being favored, even slightly, over value
2014-12-04 16:23:57 [Message] fib_1618 -> Chat: this tells us that money is betting on a lower cost of money near term to promote this same growth
2014-12-04 16:24:10 [Message] fib_1618 -> Chat: value issues are more sensitive to actual economic activity
2014-12-04 16:24:39 [Message] fib_1618 -> Chat: where growth issues are more sensitive to the cost of money in order to create and maintain growth by borrowing money
2014-12-04 16:24:51 [Message] fib_1618 -> Chat: so...
2014-12-04 16:24:56 [Message] fib_1618 -> Chat: as a speculation here
2014-12-04 16:25:28 [Message] fib_1618 -> Chat: today's jobless claims came in a little higher than was expected
2014-12-04 16:25:32 [Message] fib_1618 -> Chat: and if this is the case
2014-12-04 16:25:41 [Message] fib_1618 -> Chat: and hiring is starting to slow
2014-12-04 16:25:54 [Message] fib_1618 -> Chat: then economic activity is going to need more stimulus
2014-12-04 16:26:06 [Message] fib_1618 -> Chat: more stimulus means lower costs on borrowing
2014-12-04 16:26:14 [Message] fib_1618 -> Chat: and so it goes
2014-12-04 16:26:21 [Message] fib_1618 -> Chat: this is why
2014-12-04 16:26:27 [Message] fib_1618 -> Chat: when interest rates are rising
2014-12-04 16:26:43 [Message] fib_1618 -> Chat: you'll usually see only the large caps gaining
2014-12-04 16:26:50 [Message] fib_1618 -> Chat: while the secondaries and small caps lag
2014-12-04 16:26:56 [Message] fib_1618 -> Chat: like they are now
2014-12-04 16:29:25 [Message] fib_1618 -> Chat: moving to the NDX breadth MCO
2014-12-04 16:29:41 [Message] fib_1618 -> Chat: and here we see that it moved down and through its zero line today
2014-12-04 16:30:00 [Message] fib_1618 -> Chat: taking out the lows of mid November
2014-12-04 16:30:21 [Message] fib_1618 -> Chat: this is a warning shot that liquidity levels are starting to ease off in this basket of issues
2014-12-04 16:30:44 [Message] fib_1618 -> Chat: which is not all surprising given that the NDX breadth MCSUM is in and around the +1400 level
2014-12-04 16:31:01 [Message] fib_1618 -> Chat: as we saw on Tuesday
2014-12-04 16:31:18 [Message] fib_1618 -> Chat: the NDX components remain buoyant here
2014-12-04 16:31:50 [Message] fib_1618 -> Chat: so this is more rotation going on right now than it is anything in which is yellow flag
2014-12-04 16:32:50 [Message] fib_1618 -> Chat: the SPX moved to new all time intraday highs today before settling back within its consolidation pattern
2014-12-04 16:33:07 [Message] rite01 -> Chat: Double top in the SPX?
2014-12-04 16:33:20 [Message] fib_1618 -> Chat: and we can see why as there wasn't enough conviction behind it when we look at the SPX breadth MCO
2014-12-04 16:33:29 [Message] fib_1618 -> Chat: not likely
2014-12-04 16:33:34 [Message] fib_1618 -> Chat: more like today was a false start
2014-12-04 16:34:03 [Message] fib_1618 -> Chat: double tops of importance tend to happen only when the MCO moves into negative territory
2014-12-04 16:34:08 [Message] fib_1618 -> Chat: similar to what the NDX did today
2014-12-04 16:34:16 [Message] fib_1618 -> Chat: but there we don't have the same pattern to work with
2014-12-04 16:34:36 [Message] rite01 -> Chat: Good to know
2014-12-04 16:34:40 [Message] fib_1618 -> Chat: all of this is very consistent to a simple consolidation pattern
2014-12-04 16:35:06 [Message] fib_1618 -> Chat: but with the SPX breadth MCO and its components maintaining themselves above their zero lines
2014-12-04 16:35:17 [Message] fib_1618 -> Chat: the path of least resistance remains with the buyers
2014-12-04 16:35:26 [Message] fib_1618 -> Chat: and with that...the bias in prices
2014-12-04 16:35:42 [Message] fib_1618 -> Chat: we just didn't have enough "punch" to stay at new highs today
2014-12-04 16:35:54 [Message] fib_1618 -> Chat: and that will only come IF the MCO is able to break above its declining tops line
2014-12-04 16:36:16 [Message] fib_1618 -> Chat: and in this specific case
2014-12-04 16:36:39 [Message] fib_1618 -> Chat: the peak we saw yesterday in the SPX MCO topped out at this same line of resistance
2014-12-04 16:37:05 [Message] fib_1618 -> Chat: so in order to break above both levels of resistance (the trendline and the horizontal failure)
2014-12-04 16:37:25 [Message] fib_1618 -> Chat: we will need to take out yesterday's high point in the MCO at +27
2014-12-04 16:37:59 [Message] fib_1618 -> Chat: we had the same "failure to achieve" today in the OEX as well
2014-12-04 16:38:24 [Message] fib_1618 -> Chat: and there you can see the consolidation more vividly on the daily chart
2014-12-04 16:38:33 [Message] fib_1618 -> Chat: with the current highs the upper level of the range
2014-12-04 16:38:57 [Message] fib_1618 -> Chat: while Monday's test of the lows the lower end of the range
2014-12-04 16:39:05 [Message] fib_1618 -> Chat: we're pausing
2014-12-04 16:39:10 [Message] fib_1618 -> Chat: taking a breather
2014-12-04 16:39:18 [Message] fib_1618 -> Chat: and a well deserved one at that
2014-12-04 16:39:51 [Message] fib_1618 -> Chat: as a buyer
2014-12-04 16:40:08 [Message] fib_1618 -> Chat: you can feel pretty good here with the SPX and OEX breadth MCSUM's at such lofty levels
2014-12-04 16:40:34 [Message] fib_1618 -> Chat: as it will provide the buoyancy to any or all attempts by the sellers to take control
2014-12-04 16:40:40 [Message] fib_1618 -> Chat: look at the last couple of days
2014-12-04 16:40:45 [Message] fib_1618 -> Chat: lower opens
2014-12-04 16:41:03 [Message] fib_1618 -> Chat: with everyone getting beared up as if this is "finally" the start of a reversal
2014-12-04 16:41:18 [Message] fib_1618 -> Chat: where all it is part and parcel of a trend
2014-12-04 16:41:27 [Message] fib_1618 -> Chat: what you'll find during strong trends
2014-12-04 16:41:47 [Message] fib_1618 -> Chat: is that the path of least resistance shows itself around the middle toward the end of the trading day
2014-12-04 16:42:05 [Message] fib_1618 -> Chat: where this kind of action tend to keep those who are looking for an entry on the fence in doing so
2014-12-04 16:42:27 [Message] fib_1618 -> Chat: and where the last hour tends to show the true nature of the over all trend
2014-12-04 16:42:37 [Message] fib_1618 -> Chat: keeping the majority from participating
2014-12-04 16:42:38 [Message] fib_1618 -> Chat: so...
2014-12-04 16:42:46 [Message] fib_1618 -> Chat: if one were to look for a near term top of some kind
2014-12-04 16:42:57 [Message] fib_1618 -> Chat: it would usually come with a gap and go
2014-12-04 16:43:00 [Message] rite01 -> Chat: MOC has saved my bacon many a time
2014-12-04 16:43:13 [Message] fib_1618 -> Chat: and if breadth doesn't support the gap
2014-12-04 16:43:36 [Message] fib_1618 -> Chat: then it's likely that you're going to need more time for things to reset before going forward
2014-12-04 16:43:41 [Message] fib_1618 -> Chat: this would also mean
2014-12-04 16:44:05 [Message] fib_1618 -> Chat: if we gap lower, let's say on Friday, this would be another opportunity to buy at wholesale prices
2014-12-04 16:44:25 [Message] fib_1618 -> Chat: keeping in mind that the consolidation that will result will likely take a week or two to iron out
2014-12-04 16:44:44 [Message] fib_1618 -> Chat: it's important to not only know what money is doing as far as direction is concerned
2014-12-04 16:45:03 [Message] fib_1618 -> Chat: but it's also important to know at what speed this same flow of money is traveling
2014-12-04 16:45:05 [Message] fib_1618 -> Chat: right now
2014-12-04 16:45:09 [Message] fib_1618 -> Chat: so far
2014-12-04 16:45:21 [Message] fib_1618 -> Chat: as strong as this money flow current has been over the last month
2014-12-04 16:45:49 [Message] fib_1618 -> Chat: we are seeing signs that it's becoming more "neutral" given that the MCO is moving in around its zero line
2014-12-04 16:46:06 [Message] fib_1618 -> Chat: and if we then take that theory forward a bit
2014-12-04 16:46:45 [Message] fib_1618 -> Chat: this would also mean that it will take a bit of time before there has been enough decay in this dynamic to where prices can actually turn around and "trend" in the opposite direction
2014-12-04 16:46:49 [Message] fib_1618 -> Chat: at this point
2014-12-04 16:46:55 [Message] fib_1618 -> Chat: this is not likely for the rest of December
2014-12-04 16:47:10 [Message] fib_1618 -> Chat: but depending on what happens in the next couple of days
2014-12-04 16:47:45 [Message] fib_1618 -> Chat: we will then be able to forecast how long into next year that we'll likely see rising prices continue
2014-12-04 16:47:57 [Message] fib_1618 -> Chat: the big drag right now is energy
2014-12-04 16:48:14 [Message] fib_1618 -> Chat: as this sector has a huge weighting on just about all of the major market indices
2014-12-04 16:48:40 [Message] fib_1618 -> Chat: and while we're on the subject of energy
2014-12-04 16:48:44 [Message] fib_1618 -> Chat: something to consider
2014-12-04 16:48:57 [Message] fib_1618 -> Chat: and for those who've been around for a bit of time you know this to be true
2014-12-04 16:48:59 [Message] fib_1618 -> Chat: most times
2014-12-04 16:49:19 [Message] fib_1618 -> Chat: when the stock market is about to make a termination as to its bullish bias
2014-12-04 16:49:35 [Message] fib_1618 -> Chat: we usually see the energy sector leading the way into these tops
2014-12-04 16:49:40 [Message] fib_1618 -> Chat: take for example, 2007
2014-12-04 16:49:51 [Message] fib_1618 -> Chat: and to a lesser degree, 2000
2014-12-04 16:50:11 [Message] fib_1618 -> Chat: the reason for this is more common sense than anything else
2014-12-04 16:50:37 [Message] fib_1618 -> Chat: as one would expect the demand for fuel to rise during times of economic expansion
2014-12-04 16:50:44 [Message] fib_1618 -> Chat: more production uses more fuel
2014-12-04 16:51:02 [Message] fib_1618 -> Chat: and even though this "growth" took place over in Asia and the sub continent
2014-12-04 16:51:33 [Message] fib_1618 -> Chat: it still forecasted a blow off in economic activity once the cost of money was too high to accommodate this same growth
2014-12-04 16:51:57 [Message] fib_1618 -> Chat: remember that the FED only had to raise rates to 6% before it choked off the domestic economy
2014-12-04 16:52:00 [Message] fib_1618 -> Chat: and once we went
2014-12-04 16:52:06 [Message] fib_1618 -> Chat: so did manufacturing
2014-12-04 16:52:21 [Message] fib_1618 -> Chat: and since manufacturing is done elsewhere these days
2014-12-04 16:52:38 [Message] fib_1618 -> Chat: it was just more of a global reach this time around
2014-12-04 16:52:45 [Message] fib_1618 -> Chat: in my industry
2014-12-04 16:52:47 [Message] fib_1618 -> Chat: for example
2014-12-04 16:52:55 [Message] fib_1618 -> Chat: when 2008 hit
2014-12-04 16:53:10 [Message] fib_1618 -> Chat: we lost 60% of the factories that used to produce product for the US
2014-12-04 16:53:23 [Message] fib_1618 -> Chat: and then, over the last 5 years or so
2014-12-04 16:53:39 [Message] fib_1618 -> Chat: we've lost another 15-20% due to a shift in employment from textiles to technology where medical insurance was included, no less, higher pay
2014-12-04 16:53:59 [Message] fib_1618 -> Chat: anyway
2014-12-04 16:54:06 [Message] fib_1618 -> Chat: the play is always the same
2014-12-04 16:54:11 [Message] fib_1618 -> Chat: only the players are different
2014-12-04 16:54:16 [Message] fib_1618 -> Chat: enough of this...back to work
2014-12-04 16:54:42 [Message] fib_1618 -> Chat: the Dow breadth MCO also moved down and through its zero line today
2014-12-04 16:55:02 [Message] fib_1618 -> Chat: with this happening in and around our natural area of resistance on the Dow breadth MCSUM at the +1750 level
2014-12-04 16:55:03 [Message] fib_1618 -> Chat: so far
2014-12-04 16:55:15 [Message] fib_1618 -> Chat: we'll call this a complete snapback to the MCO zero line
2014-12-04 16:55:25 [Message] fib_1618 -> Chat: from where one side or the other is about to take control
2014-12-04 16:55:34 [Message] fib_1618 -> Chat: as with the other MCO's
2014-12-04 16:56:04 [Message] fib_1618 -> Chat: the sellers have a slight upper hand here given the way they've been able to maintain downside "texture" in the MCO patterns
2014-12-04 16:56:24 [Message] fib_1618 -> Chat: but at the same time
2014-12-04 16:56:42 [Message] fib_1618 -> Chat: directional biases don't last forever either
2014-12-04 16:56:54 [Message] fib_1618 -> Chat: which is part of the natural ebb and flow that we work with
2014-12-04 16:57:19 [Message] fib_1618 -> Chat: zero line snapback as well in the MID breadth MCO
2014-12-04 16:57:24 [Message] fib_1618 -> Chat: with a mid range close
2014-12-04 16:57:34 [Message] fib_1618 -> Chat: so we're about as indecisive as you can get right now
2014-12-04 16:57:53 [Message] fib_1618 -> Chat: with all of this taking place at just below the +1000 level
2014-12-04 16:58:11 [Message] fib_1618 -> Chat: so either we're regrouping here and about to burst above this natural MCSUM resistance area
2014-12-04 16:58:25 [Message] fib_1618 -> Chat: or we'll going to take trip toward the +750 level
2014-12-04 16:58:28 [Message] fib_1618 -> Chat: in either case
2014-12-04 16:58:48 [Message] fib_1618 -> Chat: this MCSUM is high enough to where any price decay will tend to be swift and shallow
2014-12-04 16:59:18 [Message] fib_1618 -> Chat: while at the same time
2014-12-04 16:59:26 [Message] fib_1618 -> Chat: messing with negative sentiment
2014-12-04 16:59:49 [Message] fib_1618 -> Chat: notice how the press continues to ask questions on when this rally is going to end?
2014-12-04 16:59:50 [Message] fib_1618 -> Chat: that it has little in the way of underlying substance?
2014-12-04 17:00:08 [Message] fib_1618 -> Chat: fascinating sentiment here
2014-12-04 17:00:28 [Message] fib_1618 -> Chat: the SML breadth MCO is also back to its zero line
2014-12-04 17:00:40 [Message] fib_1618 -> Chat: so one side is going to take control here as well
2014-12-04 17:01:22 [Message] fib_1618 -> Chat: and the TM market also has been whipsawing above and below its zero line over the last couple of days
2014-12-04 17:02:01 [Message] fib_1618 -> Chat: with our being in the 4th trading day of this same choppy oscillator readings per the MCSUM
2014-12-04 17:02:03 [Message] fib_1618 -> Chat: so...
2014-12-04 17:02:08 [Message] fib_1618 -> Chat: the table is now set
2014-12-04 17:02:14 [Message] fib_1618 -> Chat: and the market is evened up
2014-12-04 17:02:22 [Message] fib_1618 -> Chat: which side is going to take control?
2014-12-04 17:02:43 [Message] fib_1618 -> Chat: with many of the MCSUM's above their +500 levels
2014-12-04 17:02:55 [Message] fib_1618 -> Chat: the odds favor a bullish resolution
2014-12-04 17:03:03 [Message] fib_1618 -> Chat: with the possible exception of the NASDAQ
2014-12-04 17:03:28 [Message] fib_1618 -> Chat: since it hasn't as yet moved above the +250 level leaving it vulnerable to disappointment near term
2014-12-04 17:03:36 [Message] fib_1618 -> Chat: let's look at the sector McClellan's
2014-12-04 17:04:07 [Message] fib_1618 -> Chat: textbook high level consolidation price pattern in the XLY
2014-12-04 17:04:24 [Message] fib_1618 -> Chat: as the XLY breadth MCSUM has now reached its target of +1500
2014-12-04 17:05:01 [Message] fib_1618 -> Chat: with the lack of the sellers being able to take out the closing lows of Monday over the last 3 days
2014-12-04 17:05:13 [Message] fib_1618 -> Chat: this would suggest that the sellers are pretty much non existent here
2014-12-04 17:05:26 [Message] fib_1618 -> Chat: and that any surprises will tend to be to the upside out of this consolidation
2014-12-04 17:05:50 [Message] fib_1618 -> Chat: the MCO components are way over done though
2014-12-04 17:06:08 [Message] fib_1618 -> Chat: and one would think some sort of unwinding process should take place
2014-12-04 17:06:11 [Message] fib_1618 -> Chat: but then again
2014-12-04 17:06:36 [Message] fib_1618 -> Chat: many were probably saying the same thing since early November but to no avail
2014-12-04 17:06:39 [Message] rite01 -> Chat: My XLY is at  Sum is 1128
2014-12-04 17:06:52 [Message] fib_1618 -> Chat: I have 1526
2014-12-04 17:06:59 [Message] fib_1618 -> Chat: check your dates
2014-12-04 17:07:05 [Message] fib_1618 -> Chat: make sure that it says "today"
2014-12-04 17:07:18 [Message] rite01 -> Chat: in the volume/  I did this time it's today's
2014-12-04 17:07:24 [Message] fib_1618 -> Chat: looks like you're two weeks behind
2014-12-04 17:07:33 [Message] fib_1618 -> Chat: looking at breadth
2014-12-04 17:07:39 [Message] hawk5734 -> Chat: the volume MCSUM is 1128
2014-12-04 17:07:55 [Message] fib_1618 -> Chat: 1128 on volume - yes
2014-12-04 17:08:31 [Message] fib_1618 -> Chat: and look at the way that money has been moving into this basket of stocks on the XLY volume MCSUM
2014-12-04 17:08:35 [Message] fib_1618 -> Chat: that's power
2014-12-04 17:08:48 [Message] fib_1618 -> Chat: look at the XLY volume MCO
2014-12-04 17:08:59 [Message] fib_1618 -> Chat: it hasn't moved below +25 in over a month!
2014-12-04 17:09:20 [Message] fib_1618 -> Chat: wave after wave after wave of money has been moving into this area of the market
2014-12-04 17:09:22 [Message] fib_1618 -> Chat: why?
2014-12-04 17:09:25 [Message] fib_1618 -> Chat: who cares?
2014-12-04 17:09:34 [Message] fib_1618 -> Chat: all we know is what we see
2014-12-04 17:09:49 [Message] fib_1618 -> Chat: and the idea here is just to follow the money and the explanation will come later on
2014-12-04 17:10:20 [Message] fib_1618 -> Chat: moving to the XLP breadth MCO
2014-12-04 17:10:39 [Message] fib_1618 -> Chat: and here we see a sharp deceleration in the flow of buying in this group over the last week
2014-12-04 17:10:58 [Message] fib_1618 -> Chat: as money is now moving out...on balance
2014-12-04 17:11:09 [Message] fib_1618 -> Chat: note though where the components are
2014-12-04 17:11:38 [Message] fib_1618 -> Chat: which suggests that this is nothing but a well deserved break in the upside action
2014-12-04 17:11:43 [Message] fib_1618 -> Chat: "profit taking"
2014-12-04 17:11:49 [Message] fib_1618 -> Chat: a "reassessment"
2014-12-04 17:12:01 [Message] fib_1618 -> Chat: money talking
2014-12-04 17:12:26 [Message] fib_1618 -> Chat: and telling us that it feels that this sector is now deemed "overvalued" for the time being
2014-12-04 17:12:44 [Message] fib_1618 -> Chat: and now it's searching for other areas that are deemed under valued
2014-12-04 17:12:56 [Message] fib_1618 -> Chat: otherwise known as "rotation"
2014-12-04 17:13:22 [Message] fib_1618 -> Chat: so with the XLP breadth MCO now minimally "oversold" with a reading of -58
2014-12-04 17:13:49 [Message] fib_1618 -> Chat: the near term technical expectation would be for a snapback to or toward the zero line to begin as soon as Friday
2014-12-04 17:14:13 [Message] fib_1618 -> Chat: with $47.90 acting as price support
2014-12-04 17:14:18 [Message] fib_1618 -> Chat: we'll call it a hold for now
2014-12-04 17:14:50 [Message] fib_1618 -> Chat: hopefully we'll see who the beneficiary is of this rotation
2014-12-04 17:15:36 [Message] fib_1618 -> Chat: looks like a snapback to the zero line from last weeks collapse in the XLE breadth MCO was completed on Wednesday
2014-12-04 17:15:46 [Message] fib_1618 -> Chat: and we have now backed off from this neutral level today
2014-12-04 17:16:38 [Message] fib_1618 -> Chat: we also see that there wasn't too much of a chance of doing much more than a MCO snapback given the bearish configuration of the XLE components
2014-12-04 17:16:47 [Message] fib_1618 -> Chat: so now...it becomes a bit more simple to trade
2014-12-04 17:17:27 [Message] fib_1618 -> Chat: one would (I hate using this word) "fade" any higher prices here until we see the XLE breadth MCO move to positive territory
2014-12-04 17:17:50 [Message] fib_1618 -> Chat: as with this move we will then be able to get the XLE breadth MCSUM to move above the important -500 level
2014-12-04 17:18:08 [Message] fib_1618 -> Chat: where this could then generate an accumulation signal
2014-12-04 17:18:26 [Message] fib_1618 -> Chat: all depending on how much of gap expansion we see with the move
2014-12-04 17:18:29 [Message] fib_1618 -> Chat: but until this happens
2014-12-04 17:18:43 [Message] fib_1618 -> Chat: we will remain defensive against this group of issues
2014-12-04 17:18:45 [Message] fib_1618 -> Chat: in fact
2014-12-04 17:19:39 [Message] fib_1618 -> Chat: another move, a divergent one, to around the -1000 level would be highly beneficial in the construction of a longer term internal low from where prices will be able to get a toe hold on things
2014-12-04 17:20:15 [Message] fib_1618 -> Chat: plus we still have that downside price target from last week to meet...around $76
2014-12-04 17:20:58 [Message] fib_1618 -> Chat: and...even Aunt Minnie and Uncle Charley can see that we haven't had any real success in closing last Friday's downside gap either
2014-12-04 17:21:38 [Message] fib_1618 -> Chat: so another short, with a stop above Wednesday's highs, could be a good play here
2014-12-04 17:22:11 [Message] fib_1618 -> Chat: new recovery closing highs today in the XLF
2014-12-04 17:22:18 [Message] fib_1618 -> Chat: so the financials aren't worried right now
2014-12-04 17:22:36 [Message] fib_1618 -> Chat: with a small point change in the XLF breadth MCO
2014-12-04 17:23:00 [Message] fib_1618 -> Chat: let me check the price components and see if it was broad based or not
2014-12-04 17:23:50 [Message] fib_1618 -> Chat: didn't know this
2014-12-04 17:24:03 [Message] fib_1618 -> Chat: anyone want to guess what the highest weighted component is in the XLF?
2014-12-04 17:24:06 [Message] fib_1618 -> Chat: without looking
2014-12-04 17:24:13 [Message] fib_1618 -> Chat: it's 9%
2014-12-04 17:24:35 [Message] fib_1618 -> Chat: it's Berkshire Hathaway
2014-12-04 17:25:05 [Message] fib_1618 -> Chat: not getting today's breakdown though
2014-12-04 17:25:13 [Message] fib_1618 -> Chat: and don't have the time to look it up
2014-12-04 17:25:14 [Message] fib_1618 -> Chat: anyway
2014-12-04 17:25:46 [Message] fib_1618 -> Chat: one would think that if the market was going to correct deeper from here that the XLF would be sagging
2014-12-04 17:25:50 [Message] fib_1618 -> Chat: but it's not
2014-12-04 17:25:55 [Message] fib_1618 -> Chat: "whispers"
2014-12-04 17:26:31 [Message] fib_1618 -> Chat: the XLV took a slip and fall today
2014-12-04 17:26:34 [Message] fib_1618 -> Chat: but not by very much
2014-12-04 17:26:53 [Message] fib_1618 -> Chat: as it looks like there just wasn't enough backing for the new highs
2014-12-04 17:27:24 [Message] fib_1618 -> Chat: the XLI breadth MCO is back to its zero line
2014-12-04 17:27:37 [Message] fib_1618 -> Chat: while the XLI breadth MCSUM stays close to the +1000 level
2014-12-04 17:28:07 [Message] fib_1618 -> Chat: money pushing into the XLB according to the XLB breadth MCSUM
2014-12-04 17:28:21 [Message] fib_1618 -> Chat: as it approaches its target of +1000
2014-12-04 17:28:33 [Message] rite01 -> Chat: Is it best to follow the highest MCSUM's ?
2014-12-04 17:28:50 [Message] fib_1618 -> Chat: zero line snapback as well with the XLK breadth MCO
2014-12-04 17:29:12 [Message] fib_1618 -> Chat: think of it this way
2014-12-04 17:29:21 [Message] fib_1618 -> Chat: we'll keep it simple
2014-12-04 17:29:29 [Message] fib_1618 -> Chat: do you use MA's?
2014-12-04 17:29:42 [Message] rite01 -> Chat: Not on all charts
2014-12-04 17:29:46 [Message] fib_1618 -> Chat: [smile]
2014-12-04 17:29:51 [Message] fib_1618 -> Chat: you may want to reconsider that
2014-12-04 17:29:55 [Message] fib_1618 -> Chat: here's the key
2014-12-04 17:30:19 [Message] fib_1618 -> Chat: the idea behind applying EMA's to a price chart is that you can see how extended prices are in relation to TIME
2014-12-04 17:31:01 [Message] rite01 -> Chat: The 20, 50 and 200EMA will these do
2014-12-04 17:31:07 [Message] fib_1618 -> Chat: the further the 20 day EMA is from its 50 day EMA tells you that not only how strong the trend is but also how extended it is in relation to time
2014-12-04 17:31:13 [Message] fib_1618 -> Chat: absolutely
2014-12-04 17:31:16 [Message] fib_1618 -> Chat: on price charts
2014-12-04 17:31:23 [Message] fib_1618 -> Chat: here's the point
2014-12-04 17:31:34 [Message] fib_1618 -> Chat: the further EMA's are from each other
2014-12-04 17:31:39 [Message] fib_1618 -> Chat: the stronger the trend
2014-12-04 17:31:43 [Message] fib_1618 -> Chat: and the stronger the trend
2014-12-04 17:31:55 [Message] fib_1618 -> Chat: the less amount of counter trend action you're likely to see
2014-12-04 17:31:58 [Message] fib_1618 -> Chat: now...
2014-12-04 17:32:34 [Message] fib_1618 -> Chat: since the MCSUM measures the trend strength difference between the 19 day EMA and the 39 day EMA of the advance/decline line being measured
2014-12-04 17:32:43 [Message] fib_1618 -> Chat: the higher or lower the MCSUM
2014-12-04 17:32:52 [Message] fib_1618 -> Chat: the harder it is for the trend to go against you
2014-12-04 17:33:13 [Message] fib_1618 -> Chat: and if you use EMA's for any amount of time
2014-12-04 17:33:31 [Message] fib_1618 -> Chat: it's not until prices test its shorter term EMA
2014-12-04 17:33:41 [Message] fib_1618 -> Chat: and then its intermediate term EMA
2014-12-04 17:34:05 [Message] fib_1618 -> Chat: before you have any kind of warning that a directional change can actually be accomplished
2014-12-04 17:34:46 [Message] fib_1618 -> Chat: and it's only when prices are strong enough to move above or below BOTH of these time periods averages to where prices can actually TREND in opposite direction
2014-12-04 17:34:56 [Message] rite01 -> Chat: Never thought of it just like that.. Thanks
2014-12-04 17:35:12 [Message] fib_1618 -> Chat: you don't really need oscillators
2014-12-04 17:35:36 [Message] fib_1618 -> Chat: all you need is a price chart, daily volume, and EMA's and you will BEAT 90% of traders out there
2014-12-04 17:35:42 [Message] fib_1618 -> Chat: and you'll be able to sleep at night
2014-12-04 17:36:00 [Message] fib_1618 -> Chat: the basics in charting are the most powerful
2014-12-04 17:36:38 [Message] fib_1618 -> Chat: ask anyone who grew up in this business with a number 2 pencil and a 10 x 10 grid paper and charted each and every days price action
2014-12-04 17:36:55 [Message] fib_1618 -> Chat: everything else is just a way to fine tune
2014-12-04 17:37:02 [Message] fib_1618 -> Chat: but if you're an investor
2014-12-04 17:37:09 [Message] fib_1618 -> Chat: one who trades based on daily data
2014-12-04 17:37:23 [Message] fib_1618 -> Chat: you don't need bells and whistles to be successful
2014-12-04 17:37:29 [Message] fib_1618 -> Chat: all you need is...
2014-12-04 17:37:40 [Message] fib_1618 -> Chat: to know which direction money is moving
2014-12-04 17:37:51 [Message] fib_1618 -> Chat: into what sector its moving into with the greatest velocity
2014-12-04 17:38:01 [Message] fib_1618 -> Chat: and then picking the top stock in that sector that compliments this monetary flow
2014-12-04 17:38:18 [Message] fib_1618 -> Chat: with the short amount of time you've been in here
2014-12-04 17:38:46 [Message] fib_1618 -> Chat: I would bet that you have simplified your daily routines when it comes to your trading...right?
2014-12-04 17:39:05 [Message] rite01 -> Chat: Right and sleep a lot better
2014-12-04 17:39:10 [Message] fib_1618 -> Chat: that's because
2014-12-04 17:39:17 [Message] fib_1618 -> Chat: it's making better sense to you now
2014-12-04 17:39:37 [Message] fib_1618 -> Chat: that you don't need all that's out there to be successful
2014-12-04 17:39:49 [Message] fib_1618 -> Chat: true...it pays to have a arsenal to work with
2014-12-04 17:40:12 [Message] fib_1618 -> Chat: but there comes a point when you can have too much to distract you from what's truly important
2014-12-04 17:40:24 [Message] fib_1618 -> Chat: no more CNBC?
2014-12-04 17:40:38 [Message] rite01 -> Chat: maybe 30 mins a week
2014-12-04 17:40:40 [Message] fib_1618 -> Chat: no more message boards?
2014-12-04 17:41:07 [Message] fib_1618 -> Chat: sure...but not as much as before as you were going about trying to figure out who had the hot hand
2014-12-04 17:41:21 [Message] fib_1618 -> Chat: where all you needed to know was what money thought was the best course to run
2014-12-04 17:41:35 [Message] fib_1618 -> Chat: the sad thing is
2014-12-04 17:41:43 [Message] fib_1618 -> Chat: the people who make the most money in this business
2014-12-04 17:42:06 [Message] fib_1618 -> Chat: are the ones who feed off our natural tendency of being fearful
2014-12-04 17:42:44 [Message] fib_1618 -> Chat: you look around at all those interviews you hear and see and read about and 90% of them are bearish opinions
2014-12-04 17:43:04 [Message] fib_1618 -> Chat: very rarely do you hear interviews on why the market is going to go higher
2014-12-04 17:43:12 [Message] fib_1618 -> Chat: well...full stop on that
2014-12-04 17:43:24 [Message] fib_1618 -> Chat: you hear that when the same bears throw in the towel [smile]
2014-12-04 17:43:37 [Message] fib_1618 -> Chat: and from that sentiment shift
2014-12-04 17:43:52 [Message] fib_1618 -> Chat: you say "thank you very much" and bank
2014-12-04 17:44:04 [Message] fib_1618 -> Chat: remember in 2007?
2014-12-04 17:44:33 [Message] fib_1618 -> Chat: when the "3 Bears" - Prechter, Eliades, and Russell all turned bullish in the spring?
2014-12-04 17:44:45 [Message] fib_1618 -> Chat: this happens over and over again
2014-12-04 17:45:08 [Message] fib_1618 -> Chat: and I'm not at all calling these guys out...it's just the way it was
2014-12-04 17:45:21 [Message] rite01 -> Chat: Trading boards I'm seeing are good one's to fad as well
2014-12-04 17:45:43 [Message] rite01 -> Chat: At least most of the post
2014-12-04 17:45:45 [Message] fib_1618 -> Chat: anyway...sharpen your charting skills and techniques, and you'll do very well with that alone
2014-12-04 17:46:00 [Message] fib_1618 -> Chat: then the boards are a waste of your time
2014-12-04 17:46:10 [Message] fib_1618 -> Chat: if you don't find anything useful
2014-12-04 17:46:35 [Message] rite01 -> Chat: Nothing at all
2014-12-04 17:46:42 [Message] fib_1618 -> Chat: better to put your energy into something else
2014-12-04 17:46:48 [Message] fib_1618 -> Chat: moving on
2014-12-04 17:47:00 [Message] rite01 -> Chat: Thanks again
2014-12-04 17:47:17 [Message] fib_1618 -> Chat: we're all in here to learn
2014-12-04 17:47:22 [Message] fib_1618 -> Chat: our enemy is the market
2014-12-04 17:47:41 [Message] fib_1618 -> Chat: everyone and everything else are nothing but a distraction of egos
2014-12-04 17:47:53 [Message] fib_1618 -> Chat: and the market doesn't care one iota
2014-12-04 17:48:08 [Message] fib_1618 -> Chat: moving to the XLU breadth MCO
2014-12-04 17:48:15 [Message] fib_1618 -> Chat: and here we have a small point change tonight
2014-12-04 17:48:21 [Message] fib_1618 -> Chat: but I wanted to point out again
2014-12-04 17:48:32 [Message] fib_1618 -> Chat: that even though a MCSUM can top or bottom out
2014-12-04 17:48:44 [Message] fib_1618 -> Chat: it doesn't mean that the trend in prices is done
2014-12-04 17:49:01 [Message] fib_1618 -> Chat: as we are now testing the all time highs again in the XLU index
2014-12-04 17:49:06 [Message] fib_1618 -> Chat: but with a lower MCSUM
2014-12-04 17:50:03 [Message] fib_1618 -> Chat: so when ANYONE tells you that a directional change in the MCSUM is associated with directional changes in the trend of prices, then you KNOW that they don't fully grasp what this tool provides and its interpretative value
2014-12-04 17:50:52 [Message] fib_1618 -> Chat: CVI's are pretty much neutral here
2014-12-04 17:51:10 [Message] fib_1618 -> Chat: STVO's continue to unwind their "overbought" readings
2014-12-04 17:51:29 [Message] fib_1618 -> Chat: while the VTO's continue to suggest a strong uptrend in force
2014-12-04 17:51:45 [Message] fib_1618 -> Chat: NYSE TRIN at 1.45
2014-12-04 17:52:05 [Message] fib_1618 -> Chat: Open 10 now digging deeper into "oversold" territory with a 1.05 reading
2014-12-04 17:52:36 [Message] fib_1618 -> Chat: this then re-enforces the idea that any price pullbacks will tend to be short in duration and somewhat shallow in scope
2014-12-04 17:52:56 [Message] fib_1618 -> Chat: NASDAQ TRIN at 1.00
2014-12-04 17:53:01 [Message] fib_1618 -> Chat: Open 10 at .85
2014-12-04 17:53:09 [Message] fib_1618 -> Chat: nice, consistent buying here
2014-12-04 17:53:14 [Message] fib_1618 -> Chat: which is holding prices up
2014-12-04 17:53:30 [Message] fib_1618 -> Chat: call it equal and opposite of what was going on in March of 2000
2014-12-04 17:53:46 [Message] fib_1618 -> Chat: TM TRIN at 1.08
2014-12-04 17:53:58 [Message] fib_1618 -> Chat: Open 10 at .91
2014-12-04 17:54:15 [Message] fib_1618 -> Chat: neutral...and ready to go with whatever side wants to take control
2014-12-04 17:54:17 [Message] fib_1618 -> Chat: so...
2014-12-04 17:54:47 [Message] fib_1618 -> Chat: it would seem that we are, once again, in a neutral position going into Friday's jobs numbers
2014-12-04 17:55:00 [Message] fib_1618 -> Chat: for the market to have any leg to stand on
2014-12-04 17:55:04 [Message] hawk5734 -> Chat: What does that mean?  "equal and opposite of what was going on in March of 2000?"
2014-12-04 17:55:13 [Message] fib_1618 -> Chat: we will need to check NYSE breadth plurality after the 1st hour
2014-12-04 17:55:31 [Message] fib_1618 -> Chat: hawk - when you have such an abrupt change in direction like we had in 2000
2014-12-04 17:55:42 [Message] fib_1618 -> Chat: we usually see this void filled by the same dynamic
2014-12-04 17:55:55 [Message] fib_1618 -> Chat: keeping in mind that it's far easier to panic than it is to embrace
2014-12-04 17:56:28 [Message] fib_1618 -> Chat: this constant drive for prices in the NASDAQ to close to higher highs is "equal and opposite" or what it was doing in March of 2000
2014-12-04 17:56:59 [Message] fib_1618 -> Chat: crashes are like taking several days of trading action and rolling it up in a nice neat little ball
2014-12-04 17:57:10 [Message] fib_1618 -> Chat: advances are usually not like this at all
2014-12-04 17:57:22 [Message] fib_1618 -> Chat: but they can be constant in their directional bias
2014-12-04 17:57:50 [Message] fib_1618 -> Chat: and why the mention of being up over 75% of the time over the last month in the NASDAQ was made a point of over the weekend in the Weekly Breadth Review
2014-12-04 17:58:37 [Message] fib_1618 -> Chat: we're just filling the vacuum left from prices moving too far and too fast back at the top in 2000
2014-12-04 17:58:43 [Message] fib_1618 -> Chat: it's noting more than that
2014-12-04 17:58:51 [Message] fib_1618 -> Chat: it's a technical obligation to provide balance
2014-12-04 17:59:01 [Message] fib_1618 -> Chat: and once the void is filled
2014-12-04 17:59:07 [Message] fib_1618 -> Chat: THEN we can move forward
2014-12-04 17:59:13 [Message] fib_1618 -> Chat: could be to higher highs
2014-12-04 17:59:18 [Message] fib_1618 -> Chat: could be a longer term double top
2014-12-04 17:59:40 [Message] fib_1618 -> Chat: all we know for now is that we have enough money behind us to challenge the all time highs in the NASDAQ
2014-12-04 17:59:45 [Message] fib_1618 -> Chat: after that...we'll see
2014-12-04 17:59:59 [Message] fib_1618 -> Chat: as it would depend on what we do in the next couple of days
2014-12-04 18:00:09 [Message] fib_1618 -> Chat: and no, I'm not kidding
2014-12-04 18:00:23 [Message] fib_1618 -> Chat: this is a important juncture longer term
2014-12-04 18:00:35 [Message] fib_1618 -> Chat: for if we can break above the MCO declining tops lines AND see the NASDAQ breadth MCSUM moving back above the +250 level
2014-12-04 18:00:52 [Message] fib_1618 -> Chat: if accomplished
2014-12-04 18:01:02 [Message] fib_1618 -> Chat: we'll continue higher and move above the +500 level
2014-12-04 18:01:18 [Message] fib_1618 -> Chat: from where we will likely have new upside price targets generated on the NASDAQ
2014-12-04 18:01:24 [Message] fib_1618 -> Chat: which would be above the all time highs
2014-12-04 18:01:45 [Message] fib_1618 -> Chat: "everything must work together in order to reach a specific goal"
2014-12-04 18:01:50 [Message] fib_1618 -> Chat: and this is one of those times
2014-12-04 18:02:02 [Message] fib_1618 -> Chat: a lot of fun
2014-12-04 18:02:06 [Message] fib_1618 -> Chat: and very exciting
2014-12-04 18:02:35 [Message] fib_1618 -> Chat: especially for us old fogies who had thought we've seen it all
2014-12-04 18:02:41 [Message] fib_1618 -> Chat: right Lew?!?!
2014-12-04 18:02:43 [Message] fib_1618 -> Chat: [smile]
2014-12-04 18:02:57 [Message] fib_1618 -> Chat: anything else?
2014-12-04 18:03:08 [Message] rite01 -> Chat: BETS?
2014-12-04 18:03:15 [Message] fib_1618 -> Chat: oh sure
2014-12-04 18:03:24 [Message] fib_1618 -> Chat: got you conditioned on that lol
2014-12-04 18:04:01 [Message] fib_1618 -> Chat: the TSX Ventures are falling apart
2014-12-04 18:04:06 [Message] fib_1618 -> Chat: going to have to short gold again
2014-12-04 18:04:43 [Message] rite01 -> Chat: These chats have turned it from a nervous exciting to at positive exciting
2014-12-04 18:04:54 [Message] fib_1618 -> Chat: -5 on the BETS
2014-12-04 18:05:02 [Message] fib_1618 -> Chat: and the Canadian issues are falling apart
2014-12-04 18:05:19 [Message] fib_1618 -> Chat: which probably means
2014-12-04 18:05:32 [Message] fib_1618 -> Chat: that oil and the metals are good shorts here
2014-12-04 18:05:43 [Message] fib_1618 -> Chat: so keep an eye out
2014-12-04 18:05:45 [Message] fib_1618 -> Chat: this also means
2014-12-04 18:06:00 [Message] fib_1618 -> Chat: that it's probably going to keep prices from rising too quickly here
2014-12-04 18:06:11 [Message] fib_1618 -> Chat: so maybe we are range bound for a couple of weeks
2014-12-04 18:06:15 [Message] fib_1618 -> Chat: we'll know more tomorrow
2014-12-04 18:06:28 [Message] fib_1618 -> Chat: OK...I'm running late
2014-12-04 18:06:33 [Message] fib_1618 -> Chat: so I'm going to call it a day
2014-12-04 18:06:38 [Message] fib_1618 -> Chat: everyone have a great weekend
2014-12-04 18:06:46 [Message] fib_1618 -> Chat: and we'll see what's shaking on Tuesday
2014-12-04 18:06:48 [Message] fib_1618 -> Chat: good night
2014-12-04 18:06:58 [Message] rite01 -> Chat: Good night every one
2014-12-04 18:07:41 [Message] hawk5734 -> Chat: goodnight all

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