iBankCoin

Technical Analysis | Chart Addict

The Chart Addict
Joined Nov 29, 2008
329 Blog Posts

Global Equity Markets / A-D+NH-NL Lines / Long-term U.S. Markets / Weekly MF+ETF Inflows+Outflows

The Chart Addict Sun Mar 8, 2009 6:26pm EST 5 Comments

Will getting rid of mark-to-market actually help bank stocks?
Yes, banks will fully recover as a result.
Yes, but only temporarily.
Hell no, are you kidding me? They’re dead.
I don’t know, man.
Current Results

Global equity markets (all are in a short-term, multi-day consolidation):









NYSE & NASDAQ Advance-Decline, New Highs-New Lows, VIX:

DJIA, SPX, NASDAQ, R2K 15 year long-term weekly charts:

TrimTabs Weekly Inflows/Outflows (mostly outflows):

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5 comments

  1. Trader Mom
    Trader Mom
    March 8, 2009 at 6:54 pm

    I can not tell what the oversee markets are doing. But I do not think that the US market is consolidating. It is trending lower.

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  2. manatrader
    manatrader
    March 8, 2009 at 7:32 pm

    The melt down is pretty surreal, after strong buying above for months, no buying below. By design, you’d think. Is your spike strategy godzilla-like lately or..?

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  3. The Chart Addict
    The Chart Addict
    March 8, 2009 at 7:43 pm

    The last spike was around Feb 24, one that I missed because of my dentist appt’s that week. I think a play will come up soon. The strategy is used usually only once a month.

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  4. j0sh1ngU
    j0sh1ngU
    March 8, 2009 at 9:39 pm

    i really like this post ca. if you get time check out my blog you might like my comments on prettty much everything http://tacharts101.blogspot.com/

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  5. Aris
    Aris
    March 9, 2009 at 2:36 am

    thanks for all the charts, CA. love your posts.

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