I watch this guy.He's been trading the USA for 30+ yrs...and still there.He says,"Forget the predictions and stick with the facts.At 3.10pm on 6 Jan 2011 there are more Point and Figure Buy signals,than Sell signals, with a TIGHT SPREAD HOWEVER.Based on daily scans,there are more Stocks moving to Demand than Supply."### And there you go,Bulls in charge as at, with a fight brewing ahead.Markets 2011.It's War out there.(heh)
We have a change.On Friday 7 Jan, a major shift with more P&F Sell signals than Buy signals.The ratio is 2:1##There are also 3x more stocks changing from Demand to Supply....= early-warning.WATCH OUT.The sucking sound of hot-money and Downdraft.##Make it a cold one please.Cheers mate !The Rand sucks.That's right.I'll buy the next round.
Hi Virilius,to the less informed like myself you sometimes (mostly) sound like a Marcian speaking through a message scrambler. Can you please tell me where you get the information of the "P+F buy /sell signals? Many thanks
Hi Russ...GLD can do her funky thing from here,BUT, the weekly Chart gives me pause(for now).I'm hoping for one more down-thrust.I want to get some more below R90...All theory of course.Let's see what Mr Market says.Either way...I'm in.
And as a PS...I see Tim Geithner,US Treasury-Sec, says 11 weeks to go and the DEBT-CEILING LIMIT has to be raised...uh,again.So, here comes that QE hose from Uncle Ben.Which means we could even see the Rand/$ head for 6 to 1( algorhythms and mad hedge fund money buying, meet.)##USD-ZAR:That Weekly Bollinger Band sees Price pressing down since 6 August.A lot of hot-hot going on.Below 6.47 to the $ and 6 here we come.We had a 6.57 low last week.Of course, the MACD is seeing MASSIVE positive divergence = that elastic band can snap right back and the Rand is back to 7.21 ###Yeah,stuff is near Resistance.SPX at 1300 signified a massive SUPPLY signal, last time it was there.Not long to go now.I'm watching the $VIX.Always an 'ole reliable' when extremes are nearing.Blah,blah,blah.....
Rand can dance with both Marx and Unc.Sam (even at the same time) and now through a wider gate. Perhaps best to use the chaos theory chart. Meanwhile the workers are back and are clearing the blocked commodity drains. Normal hair cutting and dish washing will resume shortly.