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Apple shareholder's meeting at 1:00 pm (Eastern). This could be a market mover.

lightly-soiled kleenex, anyone?

prepare for test of tissue-paper resistance at 55.75

On a sufficiently (and unknowably) large timeframe, this is, no doubt, true. For the average trader's purposes, however, I think it's becoming clear that the market's immediate direction will continue to be UP. China's lowering of its reserve requirements underscores the magnitude of the...

beautiful (lol) thanks!

For those of us who are unfamiliar with forex games, why trash the Yen to prevent USD from strengthening. Why not just focus on selling USD?

I can't wait to post about that ... will as soon as I can ... (eg, I think Ammo's trendline DOES mean something -- quite a lot, actually)

here comes the gap up. woah

Bingo. Great post.

No worries. Not sure what you mean by "over the river and through the woods" though. I've been thinking about his long-term trendline a bit, and it's been sobering. Will post on that later...

With log charts, you're looking at relative, as opposed to absolute, moves. Why wouldn't trendlines work on such charts? Linear charts can misrepresent the significance of a given price action sequence. For example, on a linear chart, Apple's move from $10 to $20 takes up the same space on...

LOL. Ok, now THAT is one ominous-looking chart.

You may very well be right; certainly, your credibility is high with me. And if this is, indeed, the plan, and if all does go to plan, there will be ample opportunity to get on the right side of this eruption and ride it heavenwards. The tell will come soon, with the breach of the...

The head and shoulders formation projects, I believe, to zero. So unless one chooses to see a Mayan calendar-style prediction, it's difficult to know just what to make of this.

I understand how tedious and, possibly, demoralizing this kind of a market can be. But the move thus far, while extreme, is not without precedent. Bottom line: Odds favor imminent mean regression unless the 1370s are cleared. If that happens, fair enough, it's a new world. Until then, our...

here's a tidy overview http://www.mypivots.com/dictionary/definition/463/wolfe-wave

taking the day off but, fyi ...

I hate to ask but what exactly is wrong with Cramer? I'd never look to him (or anyone, for that matter) for stock tips but he seems knowledgeable about the market.

covered at 54.25 lordy this market...

Here's that short I was talking about three hours ago ... I was anticipating (lol) ... anyway, now I'm taking it short 56.50 very tight stop. i'm sure i'm being an idiot here