minoo

Just attempted my first Swing Long Based on the same price Divergence pattern but between ES and its Big Brother off the 9minute chart Let see how its progresses through the Day or Days to come Enjoy Minoo http://greatday.com/v.html?2227g07MRpn8

Todays Daily motivator is on Relax & Focus Below are the wordings and the link at the end ++++++ by Ralph Marston +++++++++ One great way to maintain your focus is to let go of it for a while. To make your efforts more effective, get away from them for a little bit. Intense focus requires energy and enthusiasm. To replenish that energy and enthusiasm, make it a habit to take a real break. Up to a certain point, the more you work the more you'll accomplish. Eventually though, you'll reach a point of diminishing returns. Enjoy the challenge of working with intensity. Then spend some time relaxing, away from all that work. Be productive, be effective, be focused and committed. And then regularly sit back and truly enjoy the fruits of your efforts. For optimum performance, keep yourself balanced. Allow your efforts and your relaxation to positively contribute to each other. Enjoy Mnoo http://greatday.com/cgi-bin/jsenter.pl?2227g07MRpn8

Important Price Divergence between ES and NQ on the daily chart Employment figures out early AM (How does the market treat the stats remains to be seen) Enjoy Minoo http://greatday.com/v.html?2226507MRpn8

Hope you are enjoying playing these Rallies Though bear in mind Todays Gap remains unfill & also The Globex-Only low of S&P futures remains untraded during the Normal Session hours The bear has clearly left his mark(s) in different areas We are trading in-between two impending gaps It remains to be seen the Gap above at 734.25 of 27Feb or Todays Gap at 689.50 Which fills in first ? ? Note: 27Feb gap also appears on the weekly & monthly chart, refer updated chart. Here is an good article from investorsintelligence worth reading, I posted the same on Brett Steenbarger Blogg http://www.investorsintelligence.com/img/edu/ii_advisors_sentiment.pdf Enjoy Minoo

Read Stevens comments of 12 Oct 08 in the below URL (roughly 20% scroll down on the long web-page) http://www.geocities.com/WallStreet/Exchange/9807/Charts/SP500/Outlook.htm You will also find the linear monthly and inflation adjusted charts of the same Note: On linear scale charts those channels appear as curved Wow, his charts & brief are worth checking out. Thanks Minoo

Just after opening of S&P futures Globex-only session, it touched the low of 681.50 with some volatility and shot up On Weekly chart we have confluence of Historic TL from past bear market and Fibs So far its traded Globex-only high of 705.5 some ten points short of Yesterdays High at 715.25 Enjoy Minoo http://greatday.com/v.html?2225e07MRpn8

Videolink of 'Pretcher on Bloomberg' http://www.marketoracle.co.uk/Article9153.html Note why is Bob advising clients to be out of shorts eventhough he forecast the Bear to continue on ? His views on Gold/Silver, Bonds and Dollar has brought to question my understanding of Intermarket relationship (Is Deflation already the culprit) Once again time to consider positions in Inverse-ETFs, BearMarket funds or even Bonds now ? ? ? Oh the Joy ! Minoo http://greatday.com/v.html?2222z07MRpn8

Update Yesterday (24Feb) market fill the Gap south @ 745 and didnot trade the Globex-only low but took off north (Note: S&P Cash indices didnot fill gap & nor did the Big Brother NYSE's futures) The Bear has left it scent and marked its area to visit again Today it filled the opening gap but in north direction at 769 than the prices retraced than again travel up north further & precisely filled the recent gap of 19Feb at 779.5 So 779.5 was also days high & It appears as near northbound resistance on daily chart. Do we get an Globex-Only high > 779.5 ? Enjoy Minoo Below is an extract from todays motivator http://greatday.com/v.html?2219s07MRpn8 +--- From here, you can go anywhere. Choose the direction that you know is yours--- +

Thanks for asking Db Just anticipating an corrective cycle / phase to this Bear run I would say time and cycle from an area but be aware of the News & Volatility Best thing for me is not to form any BIAS but be clear about my preferences As I said earlier I will Scalp with the Bear South of 740 and Swing with the Bulls North of 740, and implement an no trade zone around it. Hope this helps Good trading to you all Minoo

Hi Db On the intraday side I have now become an cautious and reluctant Bear and will go grazing more willingly with the bulls I think the bear has made enough headway on the south path for the time being In market nothing remain in unidirection so far we had a good run in this direction So its simply time / cycle for me this week to be more contradictory and look out for change. 740 is a good area for me to look for an rebounce (anticipating Volatility as well) Simply put, I will scalp the short side and swing the long side Below is another good article by Ray he uses MP, Delta and Normalised Vol to give an perspective on the present Bear's stance http://www.greenfaucet.com/print/6188# Enjoy Minoo

Another good & dare I say timely article by Andre of MarketTurningPoints.com http://www.marketoracle.co.uk/Article9036.html I like his take on Projections and Breadth (MACD on NYSE A/D line ?, something to check out here .. .. .) Enjoy Minoo http://greatday.com/v.html?2218g07MRpn8 Note: A better version of the same was found on below website http://www.safehaven.com/showarticle.cfm?id=12667&pv=1

Everything was negative today again, Played the Morning Gap close and than short on to Globex low, pretty much the same drill which I did last week. Though my expectation have grown towards the 'Bear Market Rally'. Waited right till the end and than went long on S&P 741.75 after big-brother NYSE close and the Algos started to kick in Buy Progs. This is the second time I have taken this contradictory action from my running Bear Market Trading Plan After the market close I went quickly browsing for some info on 'Bear Market Rally' to may be justify my actions, results to be or maybe reason for a good night sleep, whatever .. . blah blah .... blah .. . I came across this excellent site http://dshort.com/ Absolute worth checking out, short briefs and very intuitive charts on below topics: -Four Bad Bears (also check the CPI adjusted chart below) -Bottoming out process (brilliant interactive chart for base comparision) -Regression to trend (what can I say .. .) Got to review these charts again with fresh mind and add to journal some stats I am not sure of my closing action or of my swing targets yet, though scale in orders are in place; Got to take responsibility and play it out in the same consistent style. May have jump the gun. Goodnight All Enjoy Minoo http://greatday.com/v.html?2217507MRpn8

Thanks for the reminder, here is the update of the previously posted weekly chart I have added the 1200MA and one more fib retracement to find the confluence Confluence appears to be in the zone of 680 (two fib retracements and rising TL from 31Aug1982) S&P have closed (770.05) first time below the rising trendline (Cyan in chart) drawn from the 23Oct 1987 and just above the low of Oct2002 (Yellow line) at 768.67; But this week bar has left gap above! Db I will let Chris get back to you, hope you have not miss out the concluding para of his article though. Enjoy Minoo

Comparing Bottoms of 003 & 009 ! Extract from the below URL By Chris Vermeulen +---------------------------------------------+ The charts below will really open your eyes as to how similar today's W looking bottom is to the W shaped bottom in 2003. Of course 6 years later the markets trade and move faster than ever before because of technology allowing traders to track and trade stocks from anywhere with a click of a button. So this years bottom formed much quicker. Traders, individual investors, hedge funds, financial institutions and even some of the guys on CNBC are starting to buy stocks and etfs (exchange traded funds) at these price levels. I remember the market bottom in 2003 and it was much similar to the type of energy buzzing these past few weeks. Of course there is a lot more drama with Obama as president, Printing US Dollars, Scandals and bad news hitting the market day after day. But what makes all this normal is that it cannot get much worse in the news and everyone is expecting it for months to follow. Traders and investors don't even flinch when bad news comes out anymore and to top it off the SP500 has formed the same pattern it did during the last bear market bottom in 2003 http://www.marketoracle.co.uk/Article8661.html Scroll down a page to view the charts Enjoy Minoo!

Ammo its interesting to note that 826 is Value Area Low for the next trading day Today (Mon 16th) is holiday so still valid for Tues 17 Feb My battle line was 825.50. Lets see if Globex-only to preopening action retraces some of the lost ground ES now at 810.50 EST 19:45 Value Areas from below URL http://www.mypivots.com/forum/topic.asp?TOPIC_ID=3681&whichpage=3 Trade Well Minoo

'The Psychology of Emotions, Feelings and Thoughts' A Book by Mark Pattinelli (Module 14358 on cnx.org) Attached is the pdf and below is the Abstract Abstract This book puts forth the idea that life is divided into three groups, emotion, thinking, and feeling. These three groups make humans feel in certain ways, thinking, physical stimulus, and emotion all contribute to feeling. But what is the dierence between a thought, an emotion, and a feeling? Is there an overlap between the three? Probably, since any emotion can be broken down into the sensations and real events that caused it, and these events all lead to emotions, feelings and thoughts. So emotions, feelings and thoughts all might have the same source, they are just expressed dierently in the mind. Where do your emotions, feelings and thoughts rate on a scale of clarity? Where do they rate on a scale of focus and attention? How does understanding the psychology of ones emotions, feelings and thoughts lead to a long term increased consciousness? Enjoy Minoo http://greatday.com/v.html?2182s07MRpn8 m14358.pdf

Hi Steve I am on holidays for the month of Dec, and would like to prepare my 2009 plan while I am relax & have time on hand. In the fourth quarter of this year my plan / exercise was to simplify my system and cut down on trading time. I came accross your thread in Aug 08 when I was struggling with trading in quantity. Since I have tested the Vol bars and presently use ES 1100 share bars (for globex-only sessions) and 2700 at RTH. And am quite new in their use but they do work very well with my system I want to relegate this success in writing for 2009 and have started to realise that I donot know much of the reason, for Why do share bars work so well. Could you please enlighten me on Vol Bars. Many Thanks Minoo

Steve Worth noting in the monthly chart which shows Rising trendline support from the past bear market lows I got out of my bear-stance (above post) and cautiously put on the bulls horn once the globex-only low was traded on Friday, But am keeping the stops as short as the bears-tail I have posted some more in 'Charting the past Bears' thread below & also Suri's reply http://www.traderslaboratory.com/forums/f2/charting-the-past-bears-4622.html Enjoy Minoo http://greatday.com/v.html?2139407MRpn8

Reply from Suri on the 2B Signal (refer previous post chart above) +----------------------------+ Hi Minoo, Thanks for your email... I looked at the Monthly chart of $INX. In order for 2B to form/confirm, within the next few bars, price must trade close the bar it breaks the prior low. On a Monthly chart, the high of the current Monthly bar is 1007.5, which is about 200+ points from now. I am not sure about 2B here but your TL analysis might be good... +------------------------------+ Thanks Suri, much appreciated and Congratulations man! Regards Minoo

Monday News on Citi from the East Read all about it http://news.asiaone.com/print/News/the%2BStraits%2BTimes/Story/A1Story20081124-102862.html I Sincerely hope that you have bought some insurance / option with this high risk speculation, Steve My good friend use to say 'If I make it we all will drink to it 2gether, if not I will down it all myself' Best luck to you my friend Minoo

cstar, I refer you to the below thread, Suri presents the scenario using the eminis, IMO its still relevant no matter what you trade 'How to Select a best Chart Time Frame for your trading style' by Suri Duddella it may help. Keep an open mind there are tick chart, volume bars, range bars charts etc. I personally like to see candle charts which are not govern by time for my trigger, for areas I do look at time frame charts. http://www.traderslaboratory.com/forums/f62/how-to-select-a-best-chart-4448.html

If you mean to say you want an 'Disk Image' of your hard-drive / system than use the correct terminology and Google it Here is an explanation http://en.wikipedia.org/wiki/Disk_image -Ta Minoo

Worth noting this bear has entered not only the area of the previous bear market of Oct 02 But also the Zone created by the rising Trendlines drawn from the bear market lows of Oct 87 & Aug 82 (Cyan & Blue lines) There are seldom any Weekly Gaps but this Bear have got three of them not very visible on chart (magenta dashed lines) The horizontal yellow line is drawn from the Oct 02 low, Will the Trader Vic 2B Signal (Re: Suri) lift us out of this area ? Move down from the 500 MA to 900 MA is off 253.37 points (1227.12 - 973.75) If you believe in Symmetry than the next low could be projected at 720.38 (900MA - Leg_Down, 973.75 - 253.37) Any charts / comments welcome Enjoy Minoo

Steve Their seems to be some noise from the bulls today Or is it to be expected as lower low been put in around the 2002 low Thinking of retiring my Inverse-ETF's and trickle into some High Yeilders Your comment would be much appreciated Thanks Minoo

Is the Bear feeling Bullish today After the dip below 2002 line ? Have we got the first cheek of the bottom ? Time to trade off your Inverse-ETFs or atleast Hedge them Oh those dividend yields makes me an weak-bear Would like your opinion Thanks Minoo