Copyright © 2013 Knight Sac Media. All rights reserved.http://www.siliconinvestor.com/subject.aspx?subjectid=51095EDIT...Sept 28,2009: The restrictions on short-term time periods...wiggles...have been removed...All time periods are now permissible..including even 1 minute charts,,,provided that the presentations and analyses conform with the requirements of the thread header... This is a place for folks with ...http://www.siliconinvestor.com/images/Logo380x132.pnghttp://www.siliconinvestor.com/subject.aspx?subjectid=5109538013210hawkeyefan2 was an irregular flat. 4 has already started as an irregular flat. Unless this was just the "a" of 4 and now there is a "b" up.http://www.siliconinvestor.com/readmsg.aspx?msgid=289098905/22/2013 5:37:02 PMmchjcSPX/SPY EW…Tentative revised count…posted at this stage more as a possibly helpful tool than a definitive view. Count here can be seen as: …..Top of v of 3 ..on Fri 5/17 at 167.04..The orthodox top…complying with required wave relationships,,,and not exceeding the 168.42 previously indicated as the maximum valid v/3 w...http://www.siliconinvestor.com/readmsg.aspx?msgid=289096975/22/2013 4:13:19 PMhawkeyefanhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289094995/22/2013 3:00:06 PMmchjc Those were good opportunities to turn down, but only to "keep going" under the rules of EW…and that's what they did.. Feb 20 launched and kept going down in an abc/4.. Apr 11 was b high, and followed by c down, completing an abc/2..http://www.siliconinvestor.com/readmsg.aspx?msgid=289094695/22/2013 2:53:26 PMhawkeyefanI suppose I am wrong because we are getting weaker. Back on Feb 20 and April 11 the SPX had good opportunities to turn down and keep going. Those were good counts to head down and they were just plain ignored. I never will understand that. Especially Feb 20.http://www.siliconinvestor.com/readmsg.aspx?msgid=289094425/22/2013 2:45:47 PMmchjchttp://www.siliconinvestor.com/readmsg.aspx?msgid=289094345/22/2013 2:41:55 PMhawkeyefanIMO, the reversal is not coming at a good time in EW count. I can't find a way to make the top a 5 or "c" wave. For that matter, the SPX either. But I don't have a position regarding the SPX. Maybe there is a count for the SPX to end, but I can't find it yet.http://www.siliconinvestor.com/readmsg.aspx?msgid=289094225/22/2013 2:36:53 PMmchjchttp://www.siliconinvestor.com/readmsg.aspx?msgid=289094105/22/2013 2:31:54 PMhawkeyefanhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289093635/22/2013 2:11:26 PMhawkeyefanYea, things have changed. Even the financials are negative. Wait for the close, I guess.http://www.siliconinvestor.com/readmsg.aspx?msgid=289093555/22/2013 2:06:17 PMmchjcSPX TA…With half the day gone, appears to be putting in a 1-day key reversal down..http://www.siliconinvestor.com/readmsg.aspx?msgid=289092895/22/2013 1:24:46 PMmchjc??? Nothing else in mind…until I get around to trying a revised count… Bernanke been talking all day…WHY would any FAer care about the minutes ???http://www.siliconinvestor.com/readmsg.aspx?msgid=289092565/22/2013 1:06:21 PMhawkeyefanWhat else do you have in mind? _----- OT: What time are the FED minutes released?http://www.siliconinvestor.com/readmsg.aspx?msgid=289092025/22/2013 12:46:40 PMmchjcYes…Looks that way… And yes…maybe that's the way my SDPX/SPY recount will have to go.. Looking like I've been less bullish than I should have been ???…LOLhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289090875/22/2013 11:53:44 AMhawkeyefan[graphic] Henry, if this chart was the SPX or SPY you would be saying it is in the "iii" of 3 from April 18. Wouldn't you?http://www.siliconinvestor.com/readmsg.aspx?msgid=289090745/22/2013 11:48:15 AMmchjcSPX/SPY new ATH of 168.85..so far…kills my last count, which..based on necessary wave relationships, stipulated a high no higher than168.42…Back to the drawing boards !!..LOLhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289088215/22/2013 10:29:52 AMhawkeyefanDoes AAPL hit $490 before June 1 or after? I'm out of here. Grind higher all day?http://www.siliconinvestor.com/readmsg.aspx?msgid=289087115/22/2013 9:57:44 AMhawkeyefanCrude rallied from 92.16 to 96.42 in an impulse. Irregular flat ended a few minutes ago with .382 correction. I didn't expect the high over $97 to be a "b" high. Realized last evening it was going to be. http://www.siliconinvestor.com/readmsg.aspx?msgid=289086765/22/2013 9:42:03 AMNOWhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289083725/22/2013 2:10:09 AM2MAR$One double top of interest here is the XOP (oil & gas exploration) XLE has been on a tear too. [graphic]http://www.siliconinvestor.com/readmsg.aspx?msgid=289081785/21/2013 10:26:00 PM2MAR$$DUST ... that DT @120 hit twice now for a 20% gain almost to the penny both times , so if you did take that trade it really paid well ( DUST monday lost $22 and long $NUGT of course paid its 20% off 8.55 ) Gets scary for miners since notoriously inefficient opps, costs of producing an oz is somewhere near $1100 a...http://www.siliconinvestor.com/readmsg.aspx?msgid=289081515/21/2013 10:15:43 PM2MAR$SPY one can only give you lots of credit Mr Henry for not succumbing to the noise "the Sky is Falling" out thru it all, some 30-40pts ago? We need to get you a Harrry Potter wizzard hat & wand to make the picture complete, or a ride in in a brand new F-35? Politicians do have their uses, they create such great buy...http://www.siliconinvestor.com/readmsg.aspx?msgid=289081265/21/2013 10:04:08 PMrubbersoulThanks, mchjc. I see the resistance areas for DRYS. They report tomorrow. The shipping sector is starting to pick up a bit. Hopefully it will go solar.http://www.siliconinvestor.com/readmsg.aspx?msgid=289076145/21/2013 5:16:46 PMmchjchttp://www.siliconinvestor.com/readmsg.aspx?msgid=289075145/21/2013 4:24:45 PMmchjcMarket likes to keep us guessing…and I'm still guessing whether my 3 up completed or not..LOLhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289074815/21/2013 4:11:54 PMmchjchttp://www.siliconinvestor.com/readmsg.aspx?msgid=289074595/21/2013 4:02:44 PMarchitect*TA on DUST>>>>>>>> I'd look at the GDX chart upside down. GDX making new lows. GDX chart doesn't look like a double bottom. stockcharts.com http://www.siliconinvestor.com/readmsg.aspx?msgid=289074515/21/2013 3:59:09 PMNOWhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289074115/21/2013 3:43:17 PMmchjcNo double top unless last low taken out….Also, that looks like it could be on the way to forming a bull triangle..http://www.siliconinvestor.com/readmsg.aspx?msgid=289072695/21/2013 2:37:06 PMNOWhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289072485/21/2013 2:31:34 PMmchjcDUST a triple leveraged bear fund, and always wonder whether regular classic TA is applicable or not… IF it is…would appear that a bull flag completed last week which could be measured to the 160s..http://www.siliconinvestor.com/readmsg.aspx?msgid=289072255/21/2013 2:26:42 PMmchjcSPX/SPY ..with new HOD and ATH…my presumed 3 top yesterday is now suspect…but still..as of right now... viable..http://www.siliconinvestor.com/readmsg.aspx?msgid=289071985/21/2013 2:17:59 PMNOWHenry: Would you mind giving me your read on DUST when you have a moment? stockcharts.com http://www.siliconinvestor.com/readmsg.aspx?msgid=289071355/21/2013 1:56:20 PMJack of All TradesTE, thanks, I should have mentioned on the thread when we were discussing in PM last week...http://www.siliconinvestor.com/readmsg.aspx?msgid=289070365/21/2013 1:27:10 PMNOWHats off to JOAT for FXEN! 44% one day move Henry: measured move on FXEN: have we not exceeded it? there is that gap fill above...http://www.siliconinvestor.com/readmsg.aspx?msgid=289069945/21/2013 1:11:18 PMmchjchttp://www.siliconinvestor.com/readmsg.aspx?msgid=289067145/21/2013 11:56:32 AMmchjcDRYS…Broke a small DT line, from Feb, the other day, on very heavy volume, and now testing longer, major, DT line from Feb year ago, 2012…so that's positive.. But I wouldn't look for any "ball-of-fire" upsurge…It's facing tons of overhead resistance..starting right here..http://www.siliconinvestor.com/readmsg.aspx?msgid=289066745/21/2013 11:42:45 AMmchjchttp://www.siliconinvestor.com/readmsg.aspx?msgid=289066485/21/2013 11:31:07 AMrubbersoulHi mchjc, I've been looking at shippers recently. I was wondering when you had the chance if you could give me a TA perspective on DRYS for me. Thanks, RShttp://www.siliconinvestor.com/readmsg.aspx?msgid=289066345/21/2013 11:26:39 AMmchjcThanks, arch.. Some crude thoughts on BNO…Still looks like bull flag completed yesterday…good for a move to 84ish ???http://www.siliconinvestor.com/readmsg.aspx?msgid=289066015/21/2013 11:13:44 AMarchitect*SPY moving up in the v….hit 167.58…nearing my max 168.42.. Another great call, and thank you for sharing! PS> Any thoughts on oil are appreciated, as crude as they may be. This chart by VOS represents my view on $WTIC / Brent oil - long term bullish. [graphic]Message 28904498http://www.siliconinvestor.com/readmsg.aspx?msgid=289065725/21/2013 11:06:15 AMmchjcSPX/SPY…Looks like odds favoring completion of 3 yesterday with corrective 4 down now underway..http://www.siliconinvestor.com/readmsg.aspx?msgid=289064175/21/2013 10:15:01 AMhawkeyefanFinancials came off the morning's high with some force. If ok, should stop here. A guy on the board here told me once markets fluctuate. Ok, you have to get along without my nonsense. Out of here for awhile.http://www.siliconinvestor.com/readmsg.aspx?msgid=289064165/21/2013 10:14:35 AMhawkeyefanCan you invoice them or something? -g- ----------- Financials still acting well. BKX and IXM.http://www.siliconinvestor.com/readmsg.aspx?msgid=289063585/21/2013 9:55:38 AMJack of All Tradeshttp://www.siliconinvestor.com/readmsg.aspx?msgid=289063505/21/2013 9:53:03 AMmchjcSPX…Goldman Sachs targets: 2013…1750 2014…1900 2015…2100 They must have been looking at my long-term count ??…LOLhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289062595/21/2013 8:57:39 AMhawkeyefanIf I have this right, Crude should be finishing an "abc" off yesterday's high right now.http://www.siliconinvestor.com/readmsg.aspx?msgid=289061615/21/2013 7:46:55 AMNOWsentiment wise we bottomed so many are looking for one more test: maybe they overstay the welcomehttp://www.siliconinvestor.com/readmsg.aspx?msgid=289060515/21/2013 3:22:32 AMJWest0926Thoughts on GLD, Gold or Silver here wave wise? Looking at Gold Weekly Chart (and using Silver for confirmations)- ABC tracing out off Top at 185. I estimate we are now in C down, I believe we just completed 5 of 3 of 5. I bought this bottom because I don't want to miss the final bottom, will sell if we are just in a ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289058585/20/2013 10:57:55 PMMGVhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289058235/20/2013 10:37:19 PM