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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (16542)	11/9/2014 11:24:38 AM
From: humble1	Read Replies (1) \| Respond to of 41037

Extremely impressive; it explains exactly what was perplexing me about that 10/15/14 low. Adding the classic Edwards and McGee to the other systems which are flashing warning signs wraps up the package for me.

To: bearshark who wrote (16542)	11/9/2014 8:11:58 PM
From: Investor2	Respond to of 41037

Of course, if this is a secular bull market, we haven't seen anything yet. What makes you think it isn't a secular bull market??? New highs after 13 years of the market going nowhere... A couple of nice washouts in 2002 and 2008... Looks like a good setup for a secular bull to me. Best wishes, I2

To: bearshark who wrote (16542)	11/11/2014 8:14:03 AM
From: bearshark	Respond to of 41037

Now, less significant indicators can be added to a bear case. For example, the AAII bull/bear spread for 11/6/14 was 37.6%. (52.7% bullish, 32.3 neutral, and 15% bearish) Based on my quick glance, that is the highest reading since early 2011. If some of those in neutral are moved into the bullish camp over the next 2 weeks and the bull/bear spread exceeds 50%, that would help the bear case. If the % bearish decreases to below 10, that would help more. The best thing, in my opinion, that could happen now for a bear case is a healthy rally in the indexes as they approach the end of this week.

To: bearshark who wrote (16542)	1/30/2015 8:02:15 PM
From: bearshark	Read Replies (2) \| Respond to of 41037

Broadening Top into a Rounding Top--or if you wish, a Diamond. Using p. 175 of Edwards and Magee (1997 Edition). On the INDU 1 is (17151), 2 is (16333). 3 is (17350), 4 is (15855), 5a is (17991), and 5b is (18103). The Rounding Top is complete. stockcharts.com On the SPX, 1 is (1991), 2 is (1904). 3 is (2019), 4 is (1820), 5a is (2079), and 5b is (2093). The Rounding Top is complete. stockcharts.com If the RSIs go below 30, since they haven't been able to convincingly break above 50, we would see below 1972 in SPX and 17067 in the INDU. Of course, 1820 and 15855 are waiting. Regardless of what happens next, these are ugly patterns.