This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
SPXA200R crashes. http://scharts.co/1aESfIB
Clip from Trade Guild:"This is the Percentage of all NYSE stocks trading 2-standard deviations ABOVE their 40-day price moving average, the momentum stocks vs. the SPX in red. You can clearly see a divergence from October to present, far fewer stocks are above their 40-day (2 SD's above) than in October, even though the SPX moved higher.What is truly shocking and very interesting is there are about 8-10 different versions of this indicator using just the moving average or 1 standard deviation or 2 or trading above or below the moving average and using the 40-day and 200 day. All are showing the same MASSIVE deterioration the last 2-days. We went from 28% which is low compared to October's approx. 40% down to only 6.85% in 2-days. In almost EVERY CASE, EACH VERSION OF THIS INDICATOR HAS SEEN BREADTH TUMBLE BY AT LEAST 50% OR MORE (like this one) ,OVER THE LAST 2-DAYS ALONE."
how do you trade off that chart???
Morons buying DHI gonna hold a huge bag.
interesting Jim Willie interview (ignore the whacko Christian fundamentalist intro :) http://www.blogtalkradio.com/trunews/2014/01/27/trunews-january-27-2014--jim-willie--does-china-own-the-fed