tag:blogger.com,1999:blog-547276048038789798.post9129565682299416429..comments2024-02-26T10:14:10.039-08:00Comments on Deflation Land: The Christmas Crash Scenariochristiangustafsonhttp://www.blogger.com/profile/07216348353801614419noreply@blogger.comBlogger35125tag:blogger.com,1999:blog-547276048038789798.post-3643956996226592042014-11-03T17:05:23.179-08:002014-11-03T17:05:23.179-08:00re: WTIC Oil
Target $65/60, no later than early s...re: WTIC Oil<br /><br />Target $65/60, no later than early spring 2015.<br />--<br /><br />ps. CG.. please get Disqus installed.<br /><br />Seriously, it'd be.....useful with so many comments starting to appear.Trading Sunsethttps://www.blogger.com/profile/13291647197167518399noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-55111238628460867252014-11-03T13:31:57.591-08:002014-11-03T13:31:57.591-08:005-wave micro-count off the top looks good, plus th...5-wave micro-count off the top looks good, plus the little retrace late, check.<br /><br />West Texas Intermediate crashing again, check.<br /><br />Metals in free-fall, check.<br /><br /><br />christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-78191790098271401452014-11-03T08:37:51.298-08:002014-11-03T08:37:51.298-08:00Yep, note to self; never ever go against the syste...Yep, note to self; never ever go against the system (i.e. TLT). A trader is his own worst enemy. ;-)Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-87603887133387766332014-11-02T18:57:06.859-08:002014-11-02T18:57:06.859-08:00Bicycle
Yeah, that's pretty amazing. Thankful...Bicycle<br />Yeah, that's pretty amazing. Thankfully I'm short FXE with a target of about 119.17 to start and a stop of 125.49. Will likely increase if everything holds for Monday.<br /><br />I am also long TLT though I may have entered that a little early ahead of a signal from my system (usually not a good idea ;-).<br /><br />CG<br />Perhaps sell the news after the election on the 4th? Definitely way overbought as you showed.<br /><br />Consulted in Chicago and stayed at Chicago-Mart Plaza River North for about a year in 2002 and very much enjoyed it. A gastronomical delight!Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-75692376037755357922014-11-02T18:25:14.425-08:002014-11-02T18:25:14.425-08:00Hey, Nik Wallenda pulled it off.
I lived on the 4...Hey, <a href="http://www.chicagotribune.com/news/ct-met-nik-wallenda-chicago-1103-20141102-story.html" rel="nofollow">Nik Wallenda pulled it off</a>.<br /><br />I lived on the 45th floor of the West Tower of Marina City from 1993 to 2000. Loved it.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-9259948763127464902014-11-02T18:17:07.373-08:002014-11-02T18:17:07.373-08:00I was going to post today, but the outlook is unch...I was going to post today, but the outlook is unchanged, and I was busy seeing chum salmon spawning in Piper's Creek in our neighborhood.<br /><br />You guys did <a href="http://www.mcoscillator.com/market_breadth_data/" rel="nofollow">check out the McClellan Oscillator from Friday</a>, right? Between it and the daily/weekly BB on the SPX, you could say we are a wee bit overbought.<br />christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-79520370987088427252014-11-02T16:34:44.999-08:002014-11-02T16:34:44.999-08:00Well CG... we're in the last sixth of the year...Well CG... we're in the last sixth of the year.<br /><br />Gods help the bears, I hope you're right.<br />-<br /><br />I'm certainly aware a few people are looking at another major wave lower, but personally, until we're back under sp'1900... I just can't believe it.<br />-<br /><br />Regardless.... have a good week.Trading Sunsethttps://www.blogger.com/profile/13291647197167518399noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-44335558900292252252014-11-01T04:44:17.606-07:002014-11-01T04:44:17.606-07:00Bicycle
True that! Though we enjoy this volatility...Bicycle<br />True that! Though we enjoy this volatility from a trading perspective, I am surprised that most are not realizing the reek of desperation from the Japanese. <br /><br />And to think that we are in any better position given the expansion of our own balance sheet would be some serious state of hopium smoking delirium. <br /><br />But, that's pretty much what we've got now; may the games continue and may we have the fortitude to know when to extract ourselves from the system. And how to protect ourselves should the system fail. ;-)Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-3859973932440404392014-10-31T17:00:02.472-07:002014-10-31T17:00:02.472-07:00Unfortunately it just says we needed the new closi...Unfortunately it just says we needed the new closing high. It doesnt say anything about how high we go. But i would tend to agree with a top trendline touch of the megaphone or even slightly higher. I think mid november through the end of the year will be nasty down. This will go against seasonality, but would be in line with the 2007 tape, just delayed 3 weeks.Bryan Francohttps://www.blogger.com/profile/13490480303778800074noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-16433000748510407732014-10-31T15:50:12.876-07:002014-10-31T15:50:12.876-07:00Well aren't YOU just the man of the hour.
Con...Well aren't YOU just the man of the hour.<br /><br />Congrats on today, Mr. Franco.<br /><br />May your model work out as expected soon. Very soon.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-15780185043498576562014-10-31T15:48:38.798-07:002014-10-31T15:48:38.798-07:00Markets make opinions Markets make opinions Bryan Francohttps://www.blogger.com/profile/13490480303778800074noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-49058646149896954362014-10-31T15:47:11.042-07:002014-10-31T15:47:11.042-07:00Yah. Big weekend post ahead. We need to talk thi...Yah. Big weekend post ahead. We need to talk this over.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-54393209540441350942014-10-31T15:45:35.976-07:002014-10-31T15:45:35.976-07:00I find it interesting that NOW every one is bullis...I find it interesting that NOW every one is bullish.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-59721883737497990282014-10-31T15:15:04.510-07:002014-10-31T15:15:04.510-07:00Do any of you guys follow Elliot Wave Predictions ...Do any of you guys follow Elliot Wave Predictions site? It seems his predictions are turning out much better than most so far. Check out this post. <br /><br />http://elliottwavepredictions.com/http:/elliottwavepredictions.com/sp500/longterm-elliott-wave-hurst-cycle-analysis/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-68059690184275813082014-10-31T13:27:34.028-07:002014-10-31T13:27:34.028-07:00cg, pulling for your vix 12's call, although l...cg, pulling for your vix 12's call, although like to see it test 52 week low which it's 26% from (10.28).<br /><br />interesting stat here...<br /><br />"October to October in that third year (of a Presidency), the market has risen 17 of 17 times since World War II gaining an average of 17.5%,”<br /><br />doesnt get to my 2400 next year but i'll take it :)<br /><br />impressive close today too..bull confidence into weekend..2100 is looking good for eoyT.Berryhttps://www.blogger.com/profile/06984133082818670078noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-40625968125824691452014-10-31T13:16:21.580-07:002014-10-31T13:16:21.580-07:00Top takes time to resolve. Might be even 10 months...Top takes time to resolve. Might be even 10 months... <br />Check this great post from Chris. He knows the shit :) <br />http://www.chrisperruna.com/2014/10/30/market-tops-take-time-form/Piterhttps://www.blogger.com/profile/03599106318394658470noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-83295499474906144152014-10-31T11:43:35.486-07:002014-10-31T11:43:35.486-07:00Thanks, guys, for remaining civil to each other th...Thanks, guys, for <a href="http://www.amazon.com/Virtue-Civility-The-Edward-Shils/dp/086597148X/ref=sr_1_1?ie=UTF8&qid=1414780880&sr=8-1&keywords=shils+civility" rel="nofollow">remaining civil to each other</a> through all of this.<br /><br />I think we all understand the issues here, and the stakes.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-69822244360623146812014-10-31T10:37:07.362-07:002014-10-31T10:37:07.362-07:00phat-i'm not very good at shorting. tried over...phat-i'm not very good at shorting. tried over past 2 years and lost more than won. for me anyways, always make more on long side. need patience and know mkts will come back <br /><br />all the best to youT.Berryhttps://www.blogger.com/profile/06984133082818670078noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-71288216236646601592014-10-31T10:17:05.756-07:002014-10-31T10:17:05.756-07:00T.Berry
That's what makes a (quasi-)market.
...T.Berry<br />That's what makes a (quasi-)market. <br /><br />But, as you know, nothing goes up in a straight line either. It sounds like you are mainly buy-side. That's fine, but I like to profit on both sides. Less gut wrenching too not having to endure some significant draw-downs. <br /><br />But, to each their own.<br /><br />Peace out.Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-81080527132166422242014-10-31T10:10:58.218-07:002014-10-31T10:10:58.218-07:00from traders almanac
“In a midterm election year r...from traders almanac<br />“In a midterm election year remember that the six best months of the year as identified by the Stock Traders’ Almanac shows that the November through April period has risen an average of 15.3% since World War II and has advanced 94% of the time,” he said.<br /><br />15%+= snp @ 2300 T.Berryhttps://www.blogger.com/profile/06984133082818670078noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-38163426305377927822014-10-31T10:08:45.205-07:002014-10-31T10:08:45.205-07:00Copper prices nose diving once again.Copper prices nose diving once again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-27815027152191067772014-10-31T09:46:01.527-07:002014-10-31T09:46:01.527-07:00First the Poles, and now I'm seeing Slope of H...First the Poles, and now I'm seeing <b><a href="http://slopeofhope.com/2014/10/twelve-year-uptrend-tagged-again.html" rel="nofollow">Slope of Hope-ers</a></b>.<br /><br />Greetings, friends.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-9451510370625260752014-10-31T08:08:54.166-07:002014-10-31T08:08:54.166-07:00Good job on the calls CG; you had more patience th...Good job on the calls CG; you had more patience than me. ;-)<br /><br />By my system, an interesting cluster of numbers is appearing for next week (looking like after Monday right now which dampens my thoughts of a Bloody Monday).<br /><br />Ah well, what ya gonna do.<br /><br />In other news, gold is on sale. Thanks for the gift.Phat Repathttps://www.blogger.com/profile/04401209340036026677noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-78595280366520070232014-10-31T07:47:58.931-07:002014-10-31T07:47:58.931-07:00Fetal --
Re bonds, rates can't go up ... unti...Fetal --<br /><br />Re bonds, rates <i>can't</i> go up ... until they do. Then we're done, and this blog transitions to gardening tips and firearms reviews.<br /><br />I've maintained for a long time that <a href="http://deflationland.blogspot.com/2014/03/kondratieff-fall-and-10y-treasury-note.html" rel="nofollow">the 10Y is headed below 1%</a>.<br />christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-53960113168001494102014-10-31T07:40:39.830-07:002014-10-31T07:40:39.830-07:00I'm getting dozens of hits from links on a cou...I'm getting dozens of hits from links on a couple of Polish fin blogs this morning.<br /><br />Greets and welcome!<br /><br /><a href="http://www.redapplebuffet.com/" rel="nofollow">http://www.redapplebuffet.com/</a> <br /><br />Delicious.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.com