Disqus - Friends of AlanPendleton

Re: http://slopeofhope.com/2008/10/its_hammer_time.htm

toptick — Fri, 10 Oct 2008 10:38:17 -0000

Warning: it's not a hammer until the bar is complete (the day is finished). Until then, it can turn into just another big black bar.

Re: http://slopeofhope.com/2008/10/28/incredibly_obvious.htm

toptick — Tue, 28 Oct 2008 15:58:09 -0000

Russell engulfing

Re: http://slopeofhope.com/2008/10/28/so_now_what.htm

toptick — Tue, 28 Oct 2008 21:03:40 -0000

COH looks like a good H&S. Measures to, uh, 55 minus 23 equals, um, 2 ?

Re: http://slopeofhope.com/2008/10/28/so_now_what.htm

toptick — Wed, 29 Oct 2008 09:28:10 -0000

Very wise. Thx.

Re: http://slopeofhope.com/2008/10/28/so_now_what.htm

toptick — Wed, 29 Oct 2008 09:30:49 -0000

I was joking, but while brevity is the soul of wit, haste makes waste if it wrecks the punch line. Math should be 54 - 23 = 21, 23 - 21 = 2.

Thanks.

Re: http://slopeofhope.com/2008/10/29/the_bullish_fever_eases.htm

toptick — Wed, 29 Oct 2008 13:13:09 -0000

No sense having excess exposure of any sort with a Fed Cha Cha Cha coming (i.e., violent up-down-up or violent down-up-down that happens with most Fed announcements).

Re: http://slopeofhope.com/2008/10/29/heres_to_hedging.htm

toptick — Wed, 29 Oct 2008 14:48:11 -0000

SPX at time of Fed announce, about 947. 250 points of motion later, SPX about 947. That's the Fed Cha Cha Cha!

Re: http://slopeofhope.com/2008/10/29/get_that_leprechaun.htm

toptick — Wed, 29 Oct 2008 15:36:37 -0000

Super call! Bounce off the break out at ES 954?

Re: http://slopeofhope.com/2008/10/29/get_that_leprechaun.htm

toptick — Wed, 29 Oct 2008 15:47:46 -0000

I guess so ...

Re: http://slopeofhope.com/2008/10/31/if_you_missed_it.htm

toptick — Fri, 31 Oct 2008 10:59:22 -0000

To confound Helene Meisler. (see prev posts about her theory that lower dollar means higher Russell. Dollar is higher so far, yet RUT is way up compared to SPX, NDX)

Re: http://slopeofhope.com/2008/11/04/index_check.htm

toptick — Tue, 04 Nov 2008 17:41:33 -0000

Bonds (and the US$) have been the flight-to-safety trade for weeks now, but I think today's action shows that the market has changed from risk aversion to risk seeking. See VIX. Question is, of course, when will the market get freaked out again -- or will this continue . . .

Re: http://slopeofhope.com/2008/11/06/all_the_tea_in_china.htm

toptick — Thu, 06 Nov 2008 10:08:21 -0000

fyi, FXP is not in the watch lists. (There is mention of FXI puts)

Re: http://slopeofhope.com/2008/11/06/all_the_tea_in_china.htm

toptick — Thu, 06 Nov 2008 10:32:35 -0000

2004 lows might be more like it. See VPACX (Vanguard Pacific Basin Index Fund). Other Asia/Pacific indexes, CEFs, or funds show the same thing.

Re: http://slopeofhope.com/2008/11/06/the_unshortables.htm

toptick — Thu, 06 Nov 2008 12:38:31 -0000

Long gold at 731.10 with very tight stop. Bounce on up trend from 11/02 11/04. Breakout from pennant on minute chart to confirm.

Re: http://slopeofhope.com/2008/11/11/china_breakdown.htm

toptick — Tue, 11 Nov 2008 15:01:11 -0000

Very generous. Thx!

Re: http://slopeofhope.com/2008/11/13/another_bullish_misadventure.htm

toptick — Thu, 13 Nov 2008 12:01:40 -0000

It is now listed in Long Equities (Watch List, right margin)

Re: http://slopeofhope.com/2008/11/14/buying_dba.htm

toptick — Fri, 14 Nov 2008 15:15:43 -0000

Good catch. Thx!

Re: http://slopeofhope.com/2008/11/17/downtime.htm

toptick — Mon, 17 Nov 2008 16:16:29 -0000

Pretty good triangle on USDJPY 30-min chart.

Re: http://slopeofhope.com/2008/11/17/downtime.htm

toptick — Mon, 17 Nov 2008 16:47:43 -0000

http://xtrends.blogspot.com/

Re: http://slopeofhope.com/2008/11/18/bidu_farewell.htm

toptick — Tue, 18 Nov 2008 15:28:30 -0000

Watch the 10-year futures instead. Works 24 hours.

Re: http://slopeofhope.com/2008/11/18/bidu_farewell.htm

toptick — Tue, 18 Nov 2008 15:32:40 -0000

Steady since regular hours close. Could be a pennant or flag forming, so could be getting ready to continue (bonds up, TNX down)

Re: http://slopeofhope.com/2008/11/18/bidu_farewell.htm

toptick — Tue, 18 Nov 2008 15:38:08 -0000

Tim, FWIW I voted 'no' on the chat poll: 1) the Blog is faster to scan and synch-up with without requiring constant attention, 2) it's easier to go back and find something you wanted to follow up on, and 3) it invites bigger 'thought payloads' -- more thoughtful additions (though obviously that is not a requirement!).

Thx

Re: http://slopeofhope.com/2008/11/18/bidu_farewell.htm

toptick — Tue, 18 Nov 2008 15:49:22 -0000

Also, if your platform doesn't have bond futures quotes, you can delayed quotes and charts from various sources, such as http://futuresource.quote.com

Re: http://slopeofhope.com/2008/11/18/bidu_farewell.htm

toptick — Tue, 18 Nov 2008 15:55:19 -0000

SPX and other major index charts look terrible, but I can't help but notice that every foray into the 840s or below finds reduced volume. Below 845 is a 'no close' zone.

Re: http://slopeofhope.com/2008/11/18/lightened_up_shorts.htm

toptick — Tue, 18 Nov 2008 17:02:51 -0000

Edwards and Magee (the classic textbook for charting published years ago -- a real hoot since the example charts are of stocks like American Zinc, Lead & Smelting or Hudson Motor Car) would say a pennant or flag requires a 'pole' (a long move into the pattern), which is absent for XOM. I would call XOM an ascending right triangle. The key breakout would be a move above 76-77, or below the 'hypotenuse' (like it did 5/28/08). A breakout topside measures to about 96, conveniently the highs for the year. A third possibility is for XOM to dribble out the point of the triangle, in which case the pattern means nothing.