http://www.growthstockwire.com/1597/The-Scariest-Chart-You-ll-See-This-Month Hi friends, Today i got an email from a friend as he pointed to me what he thinks got a merit to be awash with cash. The above link points to S&P 500 60-min chart. Basing from what the author implies, S&P 500 is heading for a breakdown from a bearish rising wedge formation. At first look, from a
» Read moreseries1.volume1.2010 After the Fact – Market Close Buoyed by gains from the US and regional bourses, our local market rebounded towards the positive territory to close 23.45 points higher at 3,028.46. There were two stocks that advance against a single stock that declined giving the PSEi a nice relief from 2010 debut of unwelcoming trading session yesterday. Lopez stocks such
» Read moreI discontinued making newsletter when somebody from a foreign brokerage house reminded me that …. (place your ads here). hehe ——— Dear friends. First, apologies on the previous analysis re: major dollar collapse within 2 weeks. the study was off by 2 weeks. only consolation was it came late than never. i posted some charts when euro and aussie triggered
» Read moredear friends, to God be the glory. hope everyone made a profit in shorting usd/cad, as our first target of 1.22 (with intraday low of 1.21244) was breach. target of parabolic + double top is still intact at 1.12-1.14 within 6 months minus few days. euro daily is respecting reversal level at 1.30 which is a good thing. my bias
» Read moredear friends, To God be the Glory. Hope everything’s well and i hope everyone profited from gold and the major’s rally. we’re now on the 2nd day of the week and so far so good for the majors against the dollar. day 1 belongs to euro/usd and usd/cad on my books as these majors earn big pips against the green.
» Read moreSunday, November 23, 2008 11:42 PM ET Dear friends, To God be the glory always. nice rally of gold coming from 700. as of this writing, there’s been a slight profit taking. been trading (with bias to long) 1-5 units (1-5oz) of gold since changing my bias. i still positive bias for the gold’s luster in the short term. be
» Read morethe dollar strength was spectacular. although im 51% in favor of the majors against the US dollar, it doesnt refrain me from trading using the system. currently im short cable but im watching it closely. i may reverse my position as deem neccessary. ive been bearish oil and gold since that parabolic occured. The $70-$80/bbl target for the parabolic that
» Read moredear friends, To God be the glory. been awhile. hectic sked after we arrived from manila. the following have transpired when i was in manila. 1) US$ 3rd parabolic wave over 2) lots of emotional spikes occurred and have pierced tru key levels (posted before i left was the cable) 3) there was a hanging key level which pierced by
» Read moredear friends, uploaded is the sample chart of euro/usd with parabolic and emotional spikes notes. loaded as well is Ayala Corp (PSE: AC). i’m looking that AC will lead the PSEi rally for a possible double bottom scenario. caveat. God bless always. be well, hernan ps: thanks to melo for encouraging me to this blog thingy.
» Read moredear friends, this is history, we’re witnessing a one of its kind uncharted definition of emotional spikes and parabolic runs. this is a technical analyst dream of witnessing. this is the bluest among the blue pattern a trader can ever imagine. the strength of the dollar against the majors except yen is so enormous,sad to say this is a vicious
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