Tuesday, November 29, 2011

11/29/11 CT: TA points South

http://www.incrediblecharts.com/tradingdiary/trading_diary.php

I provide the above link only for comparison purposes. Basically, Twiggs thinks the global markets are headed South. I think they're headed North. Never let it be said we only post links to friendly points of view.
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14 comments:

  1. BB CanadaNovember 29, 2011 at 5:12 PM

    What, you're giving up music for Twiggs?!


    I find Twiggs to be the master of "what is happening now". You know, we've been going down and we'll continue to go down till we get to a test point and if we break that, we'll go down more. Maybe others find him to be more useful, but I'm not a fan.

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  2. MarkWNovember 29, 2011 at 5:53 PM

    When David woke up @ noon to check on AUMN, he must have gotten dizzy and hit his head on the table.

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  3. 2nd_aveNovember 29, 2011 at 6:02 PM

    Ture- CT runs the club that plays whatever is happening now. Whereas I'm always looking for the next big thing.

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  4. BB CanadaNovember 29, 2011 at 6:28 PM

    2nd, people can make money trend following, but better money is made finding the new big thing for sure.

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  5. BB CanadaNovember 29, 2011 at 6:29 PM

    Oldtimer Don Hays feeling pretty good about the markets here:

    http://www.bloomberg.com/video/81809164/

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  6. ChickenpookieNovember 29, 2011 at 7:02 PM

    Hey, why are all the links on TT always so negative (closet bears!)?

    AMR - Very nice timing, almost eerie.

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  7. illiniNovember 29, 2011 at 10:13 PM

    Closet? I am neutral but do lean bear. Mostly cash. A few losers. Will they come back?

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  8. RoBearNovember 29, 2011 at 10:40 PM

    Closet?
    http://www.southparkstudios.com/clips/155090/tom-cruise-wont-come-out-of-the-closet

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  9. ChickenpookieNovember 29, 2011 at 11:19 PM

    5th consecutive month of house price drops....

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  10. AnonymousNovember 30, 2011 at 12:11 AM

    If I look at the 10 year chart of the S&P on Google, I see just a series of higher highs after the market bottomed out in 2009.

    http://www.google.com/finance?q=INDEXSP:.INX

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  11. port2013November 30, 2011 at 4:26 AM

    I couldn't log in last night for some reason.

    Did nothing yesterday.

    First think I see on CNBC and I have to ask WHY are they doing this? Maybe to help offset the euro crises? Hmmmmm

    China Cuts Bank Reserve Ratio By 50 Basis Points
    http://www.cnbc.com/id/45489423

    later

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  12. 2nd_aveNovember 30, 2011 at 5:31 AM

    new post, bros

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  13. ChickenpookieNovember 30, 2011 at 6:22 AM

    IYT/FDX/UPS - Hmm, these aren't lookin' all that bad...

    Yen up though, even though, dollar down...

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  14. ChickenpookieNovember 30, 2011 at 6:37 AM

    When does Iran get bombed? I figure something must be up with that/there...

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