Wednesday, March 17th, 2010

In light of all the speculation about Europe & Eastern Europe…
(you may pick multiple answers)

Which Euro/EE countries are most likely to get HORSE-NUKED?

England

Ireland

France

Spain

Germany

Switzerland

Italy

Poland

Czech Republic

Ukraine

Denmark

The Netherlands

Norway

Finland

Hungary

Slovakia

Romania

Austria

Belgium

Belarus

Current Results

You must look at Gio’s post on the LOL pattern. It is the failed WTF pattern! When the clock hits 3:00PM, the market turns into the Wild Wild West. Anything [...]

I’m looking at the futures and I am wondering how many times we can gap down and recover above 820. I’m guessing not too many. We need a clean cut through, like a scorching knife through butter - a gap down that is unable to fill intra-day, you know…one of those “OH SHIT!” gap downs.
If [...]

Looks Pretty:

I was twittering all day that we were forming a symmetrical triangle, then an ascending triangle. The breakdown of the triangle set off a cascade down from 12:30PM to 2:00PM. And then, from 2:30PM till 4:00PM, many people got mauled. It is a fact.
Just when you thought that the market was going to breakdown [...]

Looks like the financials led the market. Down. As much as traders want to be all gung-ho long and everything, it’s important to keep an eye on the weakest sector. Take a look at C, JPM, WFC, BAC, and many smaller names. They all broke their uptrends. C, especially, formed a breakaway gap down on [...]

Watch for a bounce off of 880 on the SPX. If we slice through and breakdown from here, then we’re looking at 860 (again).

The financial sector is already breaking down. That will be my focus for today.The market will not be able to sustain a rally without the financials.
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MORE PPT REQUESTS:
John - SLW, AEM

No.    Date   [...]

I’m probably the only blogger that didn’t put up a post on The PPT yet, so here goes. This review is entirely my own opinion of The PPT. 99% of trading products that are sold are total scams or simply do not work. This post is in response to the people who think The PPT [...]