MyPivots
Sign In
AL
albert
Rep: 99
Posts: 3,094
Here it is.

Chart.

Click image for original size


Isn't Hindsight grand? Mine is 20/20 on this one. Looks almost like magic in hindsight, but it is just the tools, as presented in this forum.

Happy April Fools' Day.

Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
A floor trader on the idiot box just mentioned (I'm paraphrasing as best as I can recall) that with this jobs report Bern-qwacke won't be taking his foot off the accelerator like some have said he must, he will, in fact, have to push down on it quite a bit more. Exactly as I said...

We are in the end stage of a death spiral that will begin to accelerate faster and faster any time now... Just look at what Japan is doing. High inflation is coming, and it will start without warning and very fast, in my opinion. When it does it calls for all the stimulus to stop, and to reverse it hard, or the inflation will get out of control in a blink. With huge unfunded deficits that are now being funded with Fed monetization, can the Fed pull it all back and more, in a blink, and leave the government with no funding? Too funny.

They can never stop, they can never slow down, they must accelerate. So, if inflation comes, and comes hard, there is zero they can/will do about it. And when that genie gets out of the bottle, there is no putting it back. Super-high inflation will follow. This is just my two cents, and many disagree (oh, those deflation-hounds...), but I have never been more sure of anything in my life. We'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, it sure 'sees' my 'key' area. Interesting. Too bad it's pretty much over for the week.
JI
jimkane
Rep: 3,058
Posts: 33,089
Couldn't get the chart to work. Supposedly the longest oscillation streak ever.

http://www.zerohedge.com/news/2013-04-05/spot-daily-330pm-ramp
RO
roofer
Rep: 3,689
Posts: 3,574
i''ll tell you what i was thinking...it's late enough in the swing for a 4th wave to setup...... 4th waves are often triangles... 1st swing has two EQUAL parts and is the biggest swing of triangle.... so to get the second swing to complete on open we need bad news and bonds to make an ouTsized pop... but only to key line... THAT IS WHAT HAPPENED AND WHY I TRIED TO HIT THE VIX DERIVATIVE TRADE....... note the geometry of this forum gave us a clear target to attract price... and where did price go at end of day/ the target....
Click image for original size
RO
roofer
Rep: 3,689
Posts: 3,574
the other part of the equation as it always is...is that the computers are screwing with the strength and weakness of the different indexes to create as much confusion as possible...all we can do is have our charts set so that we can confirm a setup within a few seconds by asking'' are the other indexes at make or brake using the tools of this forum... on the open i felt the answer was yes...charts
Click image for original size

Click image for original size

Click image for original size
RO
roofer
Rep: 3,689
Posts: 3,574
Click image for original size