Tuesday, February 12, 2013

In the zone of the Feb. 07 XLF weekly top anniversary..

and crossing right at the 38.2 retrace counter trend target level within the SPX .666 bull leg stall time frame..


Monday, February 11, 2013

I've been expecting a gold flush for a buying oppertunity..

for a long time now (my long term over riding theme) and I'm expecting a sharp flush as our fiat master's try to shake the relationship between printing and commodities. Once the lower channel is tested (may even break below in a 4th wave sort of affair) Then the next bull leg can commence with enough energy to carry well about 2000 an ounce spot...or so I'm thinking


Wednesday, February 6, 2013

Long FSG (gold/equities) looks juicey for a good pop...

to 24ish as all the fed manipulation (pushing the dollar and vix down and propping up of XLF) will now come off. This will provide a nice run higher in gold or at least outperform while stocks converge lower...or so I'm thinking


Tuesday, February 5, 2013

dividing the length of each bull move by .666

While condensing the weekly bars into 7 days per bar I found something interesting.  I'm able to divide the total number of bars it takes to reach a top by .666 and count that new number from the lows of where the next leg started to find the next top successively on and on as though like tremors of a major earth quake things are building up to a major event.


Using quarterly T/A on the SPX could this be the topping quarter?

Using basic fib time cycles measured from the post Brenton-woods bottom Dec. 74 low and measuring to the 87 top causes the next fib time period to nail 2000 top. Going out to the next fib target brings us to this current 2013 quarter. Meanwhile 14 day RSI has been diverging bearishly ever since the 2000 fiat pumped blow off top.  Interesting wikipedia discription of the 1974 crash if you sub UK for USA and Bank of England with the Fed Resv.  Could we see 2013 oil shock ? Will the U.S. officialy devalue the dollar? :