Last Week
- Markets were up 0.87% holding 2/5/10 lows but with multiple retests
This Week
- BULL% rising steadily
- NEUTRAL% went to BULL% as well with BEAR% holding constant at 37-38%
- BULL% is moving to new highs in 6 months, while the markets are sitting near the 2/5/10 lows - is a ... Read More
chanakya
12
Feb2010
In a recent issue of Barron’s addressed the question of silver possibly having another outperformance in the coming year. The article asks, “Will the poor man’s gold shine in 2010?” The opinion piece (“Gold Isn’t All That Glitters,” by Allen Sykora) drew attention to the other white ... Read More
February 12, 2010chanakya
06
Feb2010
Last Week
- Markets were down, net -0.72% in a wild week with 3 way action typically associated with trend reversals. We scooted higher over 1100, cascaded down to 1044, and finished essentially unchanged from last week, with a Bullish Hammer reversal on Friday.
This Week
- This wild action probably made 24% ... Read More
February 6, 2010chanakya
06
Feb2010
The Gold index has 2 Major CITs coming up:2/9** and 3/8-9**.
If Gold is closely related to the stock markets, they will influence them as well. Cash Gold has Major support at the 1000 area, which is the 50% retrace and TL support.
The US$ Dollar Monthly chart is still in a long term ... Read More
February 6, 2010chanakya
06
Feb2010
Our recent commentary on the subject of market manipulation elicited a wide range of feedback, pro and con. Some respondents agreed with my assertion that, assuming the existence of market manipulation, it doesn’t preclude one’s ability to successfully navigate financial markets with a reliable technical discipline. Others expressed the view ... Read More
February 6, 2010chanakya
01
Feb2010
I received some questions on the Solar CITs.
A Solar CIT is a proprietary Sun based timing system.
The Solar CIT (Change in Trend) has an unusual High 85-90+% accuracy:
Take the recent examples as documented daily in my T&C daily Email, : 26/31 = 84% CITs were direct Hits +/-1 TD
The Solar ... Read More
February 1, 2010chanakya
31
Jan2010
- Quite interesting to me- The BEAR% was lowest at 27% when the markets bottomed on 12/8-9, 2009- The BULL% was lowest in September 2009 and has been steadily rising since then with a large move up in the February poll, with a retest in January 2010
January 31, 2010chanakya
31
Jan2010
Last Week- Markets were down -1.64% in continuation of the largest % decline since 3-4 months after logging a new high on 1/21/10This Week- NEUTRAL%/uncertain increased after a decline, and BULL% increasing - perhaps the BEARS moving standing pat and/or moving to BULL camp- Favors markets holding their ground ?- ... Read More
January 31, 2010chanakya
31
Jan2010
The news spotlight recently was stolen by Google, the Internet search engine giant. A statement issued by Google a couple of weeks ago was greeted by dismay on Wall Street as shares retreated in response to the company’s announcement that it no longer supports China’s censoring of ... Read More
January 31, 2010chanakya
27
Jan2010
Today, 1/27/10 was the next Master Cycle (MC) swing Low. The Price target given was 1079-1085 SPX (see chart). We were looking for a reversal Up today.
The markets made a 1083.11 SPX Low, right in the target zone, right in the 1/27 double geometric and Solar timing CIT ( I love these solar CITs ... Read More
January 27, 2010chanakya