THE CHART ROOM

[johnyholiday]

The CNBC muppets were melting down today ,one insulting muppet at the CBOE ,called the other muppet, in the CNBC studio Nixon,and that he says dumb things out of his mouth. (later the insulting muppet referred to recent Nixon - Frost movie to take the heat off),it was like the muppets shape shifted slightly into Stooges, iggy, curly, moe, and larry, the rest oooh and awwed,in their iso boxes,"green sprouts" is what the muppets talk about these days,their not good farmers ,or market callers,bears don't like green sprouts,they like meat,and will eat you,if you don't know when to zigzag DOUBLE DIPP RECESSION ~$~ all disclaimers apply ~$~

[johnyholiday]

Better protect your sprouts ~$~ all disclaimers apply ~$~

[Colin]

yeah, been a good run, much ot does seem like too much too soon, what do you think of UYG and FAS?

[johnyholiday]

Lots of index charts around the world look like this with long term buy Pivots points,intermediate term trend vigor was strong and could last awhile longer ,but indexes are overdone, and ahead of them selfs,short term there was a failed 30 day cycle that turned into current up trend,and is not the start of a new Bull market,or sprouts,but longer term Pivots could be tradable,but were in a Bear market until the 50 day average crosses the 200 day,let the supposed " New Bull " prove it's self,until then were hanging on to first leg down for dear life ~800 on the S&P 500,and there could be another leg down,~500 on the S&P 500,or two legs down, ~300 on the S&P 500 ~$~ all disclaimers apply ~$~

[johnyholiday]

The 18'th tarot card "Moon" is the fear card , 6+6+6=18, 03-06-09=18 ,if market rolls over 666 will be tested again ~$~ all disclaimers apply ~$~

[johnyholiday]

EICO HF87 specs

[johnyholiday]

Now this will make you feel like an optimistic muppet ,with the less bad green sprouts theory......... they have the batterys backwards in their krazy walkie talkies............yeasurewhatever ~$~ all disclaimers apply ~$~

[johnyholiday]

Got'sta have a Wolfe Count,...in the context of a Bear market ~$~ all disclaimers apply ~$~

[Colin]

Wolfe? When did it stop being Elliot Wave?

Five down, three waves up?

[Rockets]

Johnny take a look at this. What bothers me is, as ususal there's a divergent point of view by the talking heads. Some see the market crashing at 10,000, others see no end in sight. I see the market slowing down and the indicators saying we're waaay over bought.

[Rockets]

This formation bothers me the most

[johnyholiday]

Rockets the market is cycling at 19 days in a Rectangle,the rectangle metamophised from a failed Double Top - {Bear Trap} ,see which way she breaks for trend direction, RE: {Bear Trap} the Bulls fought the Tape all the way down in a Bear market,now the Bears fight the Tape up in a Bull market ~$~ all disclaimers apply ~$~ .

[johnyholiday]

The Dow the strongest of all the indexes has broken into new high ground on the 52 week,getting past lots of old volume at 10,000,there is alot of overhead resistance,the other indexes will need to perfom better ,or meet in the middle ,there is always an index that will diverge,at turning points..... the Head& Shoulders formation in June/July was another Bear Trap, and reversed on it's self and ran up { which can be measured,invert the measurement an place on top of formation } ,as often will happen on a failed formation ~$~ all disclaimers apply ~$~

[johnyholiday]

resolution chart, supposed

[johnyholiday]

the "Coppock Curve"a very long-term indicator. The Indicator

statistically determines through regression analysis of the S&P 500

Index since 1939, the market's growth and the upper and lower boundary

(at two standard deviations) of its volatility around the mean the

market has actually followed fairly closely the trajectory of the

1974-75

[johnyholiday]

a lesson in "Confirmation bias"

In

psychology and cognitive science, confirmation bias (or confirmatory

bias) is a tendency to search for or interpret information in a way

that confirms one's preconceptions, leading to statistical errors. http://www.youtube.com/user/donharrold#p/u/0/jJt77Kd_FiY

[johnyholiday]

The Dollar is retesting the Neckline off larger Double Top at .695 ,off of a Double Bottom and Inverse Head & Shoulders break out, inside a Larger Rectangle ~$~ all disclaimers apply ~$~

[johnyholiday]

S&P 500 waits in it's Rectangles for the Dollar direction, or to absorb Dollar's move. the Dollar has been trying to establish a " base" since the end of last October.

The reality is that it is often the "speed" at which something
happens that determines what happens to the stock market. Most market
related events have what is called an associated "absorption rate".

If
for instance, the Dollar took a year to rise 5%, then the probability
is that the stock market would absorb the "shock effect" because it was
happening at a slower pace than the improvement of market fundamentals.

However,
if the Dollar were to rise 10% in two days, then that would create an
imbalance that the stock market couldn't absorb that quickly and that
would be a negative influence ~$~ all disclaimers apply ~$~

[johnyholiday]

The Fisher Lincoln model 70 TT

[dollar bill]

too awesome![]