Monday, September 12, 2016

Charts 9-12: Updated short-term count

Even with the big upswing today, I suspect we are still in a correction.  Here's the count.

SPX 60D

7 comments:

christiangustafson said...

Green ii could also be red b, since we retraced about .618 of Friday's plunge today (making today green ii).

Anonymous said...

How many of you guys are still faithfully watching pro football? I hated the NFL before it was cool.

christiangustafson said...

I didn't see a single game last year until the AFC/NFC Championships, and of course, the Super Bowl.

Pro sports is an opiate of the masses. And don't even get me started on college ball.

Fall is such a beautiful time of year here in the PNW. Before the heavy rains arrive in force in November, we have clear skies and crisp, cool air. All the black flies and mosquitoes are dead, and the meadows are red with blueberries' fall colors. And I get to enjoy it all alone because so many people are glued to their televisions watching football.

I'm hiking the Devil's Dome Loop in the North Cascades next weekend, 43 miles, and a lot of elevation. The last time I hiked up there, I ran into a cougar on the trail, maybe 20' away from me. That's one of the perks of hiking alone, running into critters.

Anonymous said...

My wife and I recently visited Mount Shasta, really beautiful area. We briefly ventured into southern Oregon, I learned that it is illegal to pump your own gas there. I canceled a transaction at a station, and informed the attendant I would be filling my tank in California.

christiangustafson said...

If you have not done so already, please read the Flight 93 Election.

christiangustafson said...

Should I start wearing my BILL BUCKNER warm-up jersey around?

Anonymous said...

A sucker born every second. LOL!

http://www.bloomberg.com/news/articles/2016-09-19/that-100-000-painting-bought-to-flip-yours-for-about-20-000