Thursday, 5 April 2012

SPX


3 comments:

  1. Good morning CR. What in hell are you doing up so early? It's only 5:50 man, you need to get lotsa sleep in order to be sharp you know.

    Bro... the Aussie:Yen cross and the H&S pattern in the Russell... and the necklines... and the volume voids just beneath all markets... man, it sure looks to me like it's all primed for a real powerdump. Market internals are in a shambles as well.

    If I'm not mistaken, your readers can just click on my name to be taken to my place if they're interested in seeing some of the charts named above. I actually get more readers from your site than almost any other. Thanks to you and your followers for that high degree of interest. I bid a happy English Day to all of you.

    But I have to admit that it's been nothing short of amazing to watch the FED and the ECB prop up these markets at other times when the market internals were very weak like this... for long enough that the market internals actually reversed and caught up, which more or less got the damned thing ticking all over again. I don't think they can do it this time. There are just too many ducks all lined up in a proper row right now.

    I'm not trying to "sell" my argument to you bro... just sayin' :-)

    Now go get some sleep. Make it a beauty sleep while you're at it, lol.

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  2. Hi AR....sorry about that intrusion,you are always welcome to post here as you know ! Glad some traffic is flowing your way.Nice charts,especially the yen cross.I am especially watching Aud,cable and FTSE,Dax to see if this weakness continues...

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  3. Yes, I feel comfortable here CR. No worries about that. I always like to see you in my house as well.

    Yeah, I was really surprised at how much traffic comes to my place from yours. I say that respectfully of course, but you must have a ton of readers and they seem to like seeing my stuff as well. A nice mix. I feel kind of bad though that I don't put up a new post for them every single day. I just add to old posts as the mood strikes me. At least that way all the friends have don't have to keep hopping around from post to post trying to stay in touch with each other. That's why I created the "pub" space and theme really.

    In any case, thanks for taking care of the monkey. That poo he tried to fling my way just ended up in his own hair as usual anyway.

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