iBankCoin
Joined Nov 29, 2008
329 Blog Posts

Keeping Eye on the Russell 2K and the Transports

Watch both closely over the next several days.

rut2tran

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34 comments

  1. jpesce

    In CTDC

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  2. The Chart Addict

    tape still sucks

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  3. torontotrader

    Hey CA,

    Do you post your trades/picks in the PPT ?

    TT

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  4. The Chart Addict

    Show tonight! 10PM EST.

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  5. techFin

    No one is posting / discussing trades on here anymore?

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  6. frog65

    I don’t see anything worth getting into, yet.

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  7. The Chart Addict

    It’s really complicated right now. I can’t take anything seriously at the moment.

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  8. The Chart Addict

    charting requests – send them in.

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  9. mailman

    Mr CA,

    I have followed you for some time. Since the end of August you have produced almost zero..

    Now your saying you post trades when you want? All this self pump on some stupid twitter show?

    Please… What happened to you?

    You dont need me to say this, but you have fallen of the horse. Your confidence is missing, and sounds like your running around lost looking for an answer or a way out.

    The blogs you have written recently read like a monkey trying to be Sigmund Freud. You are not he, and please figure out that the answers your looking for are actually inside you. Please dont write to us like you are a sage with worldly advise. Its not working and its clearly not true. Straighten out your head my good man.

    Do your charts and pick the winner or the losser. That is you, and your fucking great at it.

    Period the end.

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    • Zood

      Pffff perhaps he’s got more important things on his mind right now.
      Like some (or all) the lonely girls at the uni 😀

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    • Purdy

      “It’s really complicated right now. I can’t take anything seriously at the moment.”

      Cut him some slack …the above sounds like women trouble/love.

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      • MX2101

        I agree that everyone should back off on CA. Remember he was hugely active for a long time, and was under no obligation to be so active. It’s OK to give it a break for awhile.

        I wish I could give things in my life a break for about a month or two, and if CA wants to chill for a while, that is fine.

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    • momoboy

      Mailman,
      Maybe when you were ‘following’ CA ‘for some time’ you should have been learning HOW to fish, rather than just picking up the fish that CA gave you… CA’s educational posts have been absolutely amazing and you should have learned alot from them. Some day, CA will not be able to hold your hand and practically press the ‘buy’ button for you… When that time comes (and maybe it is even now?) I hope you have learned how to stand on your own two feet.

      momo

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  10. mailman

    Could be. Nice of you to stick up for him.

    Just want him to understand that he is good at what he does. Nothing is bigger then he, that said, he should not put too much stock in nor sweat anything else. Head out of the clouds and forget about any girls/love. Its all bullshit and it changes over time. Its just dates and times.

    His ability should be focused and the life distractions of searching should be focused NOT.

    My warmest thoughts go with you. You are too important of a person to put yourself through the nonsense of mind fuckery. Keep that both out of your head and don’t allow your talent to be wasted. In my opinion CA is short changing himself and the readers.

    With all sincerity I mean this.

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    • The Fly

      You seem sincere. CA should not take offense.

      People go through phases. Away from iBC, I imagine people have real life issues to deal with.

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      • Mercury Man

        People need to understand that a lot of the reason why we blog is because we like it. Maybe we are masochists, that way.

        To be clear, blogging here is not any of the blogger’s full-time employment.

        When life’s issues happen, something has to give.

        Most of the time, after a break, people come back refreshed and better than ever.

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  11. Mark

    Agree on your 2 choices of “tells”

    small caps have stunk of up of late, hidden by large cap indexes

    here was a “fill the gap” trade I posted yesterday, looks to be working out good this morning as well as the near term strategy – still assuming some bounce down around 1050 -even if cursory. if that breaks, different story

    http://www.fundmymutualfund.com/2009/10/near-term-strategy-outline.html

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  12. optimatis

    charting requests – send them in.

    RIMM
    XOM

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  13. The Chart Addict

    NOT buying this “dip”.

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    • TraderKeith

      Whats your view on this market TA? Think we are testing the 100 day next on most indices? Maybe bear flag and then go down some more? thanks!

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    • lindsay

      Thx for the update and for the new charts last night on twitter. Saw your note (don’t like to say
      “tweet” too weird) today re breakdown of RUT chart. Didn’t trade today but learned a whole lot tracking numerous charts and different people’s analyses about where the market is heading.
      Be encouraged busy guy!

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  14. The Chart Addict

    I’m gonna bank coin tomorrow morning. huge.

    Watch and learn.

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    • chart addict ADDICT
      chart addict ADDICT

      Short positions? ………..the charts are talking to you.
      what are they saying master?

      your padawan,

      chart addict ADDICT

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    • lindsay

      ‘k, sounds good
      sure hope you’re getting over the crud/bug (watched your 10/27 “class” on stocktwits.tv) and that you upped your position in REST- such a great stock for those high achievers

      not sure if we’re following you tomorrow on here or stocktwits but will figure it out. KNOCK ‘EM OUT TOMORROW!

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      OEW Recap Tonight: Short it is ……… hmmmm?

      “Despite the sharp rally our short term count remains intact. Today’s rally appears to be a smaller fourth wave within the larger third wave decline from SPX 1096. We have been counting this decline as: wave 1 SPX 1074, wave 2 SPX 1096, and wave 3 underway. Within wave 3 we have been counting: wave 1 SPX 1075, wave 2 SPX 1092, wave 3 SPX 1042 and wave 4 underway today. Should the SPX rally above 1075 it would invalidate this count. The market continues to be quite choppy as sellers and buy the dip buyers battle it out. The DOW displays a much choppier downside pattern than the SPX. With the market close at SPX 1066 and today’s rally still within the range of the 1061 pivot one can still favor the downside from here with tight stops.”

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  15. ChrisBrown

    resuming swinging? Interesting. Going to watch latest episode of CGW now. Stoked to see tomorrow’s posts.

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