Market Outlook

Quote from EliteThink:

Statistics held, 5 up days (that 5th was by a sliver), and the next day is down. thus far the wedges are all holding. If the highs hold expect a 3% down move the first week of jan. Best guess this week is a presumed drift higher thursday and friday.
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Nice call.
 
Quote from Nine_Ender:

Reminder that like most of your calls you are simply broadcasting that you can read futures ( or even worse, see the market has already moved ). Unfortunately, when the market does the opposite of what you say, you are forced to post the exact opposite call within 1-4 hours. You then never admit your rather blatant mistake. Even worse, you claim others are fence sitters and post the usual garbage about how crazy other people are.

TILT2 is your biggest fan and anxiously awaits a massive market crash in 2012. I'm sure in December 2012 you will apologize to him online if there is no crash in 2012. However, knowing your habits now, instead you will be posting in a year again that a massive market crash is "imminent".

Guys like you give the investment business a bad name and discourage real investors from participating in the stock market.
I sense you might even be a teenager because your sense of accountability and responsibility for your actions is seriously lacking.
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Let me clarify some things. First, I am not his biggest fan(not even a fan now). Second, I am not waiting for a massive market crash in 2012 anxiously although I am waiting. I admitted for one second once I thought he was one of the top traders. But after tracking his thread as the times goes, I find he is just swaying grass in the corner. When he made a call, if he was wrong, then he just made the opposite call in another time frame. It's like he is calling both buying and selling at the same time and he is calling wherever the wind blows, which makes him right and his calls flawless always.
 
Quote from TILT2:

Let me clarify some things. First, I am not his biggest fan(not even a fan now). Second, I am not waiting for a massive market crash in 2012 anxiously although I am waiting. I admitted for one second once I thought he was one of the top traders. But after tracking his thread as the times goes, I find he is just swaying grass in the corner. When he made a call, if he was wrong, then he just made the opposite call in another time frame. It's like he is calling both buying and selling at the same time and he is calling wherever the wind blows, which makes him right and his calls flawless always.
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hey genius, you only need an hour to figure him out...
 
Daily Market Analysis
RQ Cross Box -Quant Report


The Quant Report delivers vital quantitative analysis by combining extensive fundamental, technical and statistical analysis of historical data and anticipated future trends across most asset classes. Each market class is carefully evaluated from multiple vantage points in order to assess its attractiveness and future prospects



eMini S&P (ES) GnosLEVELS:
R2: 1273.75
R1b: 1262.50
R1: 1260.50
—————————-
Bull Break: 1253.25
Bear Break: 1251.00
—————————-
S1: 1241.00
S1b: 1239.00
S2: 1230.75

Quant Ranking: 4
 
Quote from GrandSupercycle:

Gold and Silver daily and weekly charts are bearish and as mentioned previously, significant downside expected with equities during 2012.
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There you go writing the stupidly obvious once again. Yes, gold is down for the day, and the week, and the month. In fact, it hit a low not seen since last July.
 
Hey Grand, I'm really curious as to what your P/L is for 2011. It's hard to track because you don't post your position sizes in your blog, just the trade...stating this might quell the nay-sayers.
 
USDX selling detected yet again which supports stocks.
Maybe we will get that SP500 bullish spike.

deltastrike,
Sounds like you're not familiar with FX. Pips is what is usually used and that's what I post (once you do some very basic maths)
 
Quote from GrandSupercycle:

deltastrike,
Sounds like you're not familiar with FX. Pips is what is usually used and that's what I post (once you do some very basic maths)
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Yes, I'm aware of that. I'm talking in terms of percentage or dollars overall as position size is a significant variable in P/L for any position taken. Sure, you're long trade may have gained 50 pips, but what size lots are your trading? And I believe my question was more targeted to your overall P/L for 2011.
 
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