Recent content by panamaorange

I wouldn't compare tech analysis to elliot wave. Chart patterns have proven statistical win rates behind them. I have seen patterns like this work very well. http://thepatternsite.com/chartpatterns.html In contrast-- Elliot wave is an attempt to use one pattern, and apply it to...

Id stay away from those bearish echo chambers. There about as useful as the permabull sites. They are ALL emotionally tied to their trades. They all have an agenda. Id just read the straight, dry newswires like Ran squawk. Here's a helpful lithmus test. If the market is up 20 Dow points...

http://i659.photobucket.com/albums/uu317/panamaorange/2points.jpg And now, another bullish pattern has appeared EEM outperforming , and holding Daily "Reverse H and S".Its important to remember that EEM trades with almost as much volume as QQQQ

Intermarket relationships change constantly. up until a few months ago, nearly every tick in gold/silver was tied to commodity/euro moves. Now its totally decoupled. Same thing with food futures and oil. They used to move in near lockstep, now they are often decoupled. I use about 36...

There aren't any major bullish fundamentals But, the safety trade is too crowded. Look at TLT FXF VXX FXY. These same 4 nearly called the exact top above 11k--when they were all too crowded short. Now, theyre all too crowded long. So, were probably less than one hundred dow points...

Im surprised no other tech analysis blogs/TV analysts are noticing this. This bullish megaphone bottom pattern looks much sharper than this lopsided "Bearish H and S" everyone seems to be seeing And its still intact, barely...

Anyone want to look at the volume divergence on this chart, and still try to tell me the long side is crowded? (click to zoom, and scroll right) http://daytradeshow.com/blog/wp-content/uploads/2010/05/jpg2.jpg

This thread just proved my point. Even this board wasn't so bearish at the start of February and July squeezes over the past year. No, im not don Harold. He completely disagrees with my prediction for an oil gap up to 90, and dow gap to 13-14k by fall. But, I do post on his blog. How can...

This next run up is it. It will be a move so directional, so long lasting--it will literally knock a number of bear blogs off the internet. I didn't see bear sentiment this thick during the march 2009 lows find me one blog or analyst that isnt bearish or cautious over the last 2 weeks...

Excellent point. However, we have a good 20-30$ upside before it starts hurting discretionary/retail again. Anyone else want to guess what the panic point will be ? 120 130? 160? Hard to tell.

I was bullish on the market for the 4 months leading to april. I only switched bearish when i realized oil was in an unsustainable bubble. Russia/China agreement on Iran sanctions made a sudden israeli airstrike impossible. Oil WAS going to dip to 60$--and take the wjole XLE XLB down with...

A good target would be a 2/3rds retrace of the rally since march. This goldman news just delayed the blowoff top by 2 to 3 days. Parabolic no volume rallies don't end on bad news. They end on no news, violently.