Silicon Investor - CFZ E-Wiggle Workspace

[hawkeyefan] I have been thinking for a long time this would be better way to improve the une...

hawkeyefan — 5/23/2013 4:35:59 PM

I have been thinking for a long time this would be better way to improve the unemployment picture. I have written Senator Grassley but nobody pays attention to me.

[kckip] No, I'm fully capable of falling through those trapdoors all on my own It's ...

kckip — 5/23/2013 4:16:05 PM

No, I'm fully capable of falling through those trapdoors all on my own It's also easier to see what you want to see in the fine wiggles which is why sticking to the hourly/daily as Ski mentioned is a good idea

[hawkeyefan] Hey, I'm not responsible for your adventure into tiny wiggles. -g- I also think...

hawkeyefan — 5/23/2013 3:56:01 PM

Hey, I'm not responsible for your adventure into tiny wiggles. -g- I also think you can find clues in the smaller time frames. One can find trap doors, too.

[kckip] I don't day trade either......I blame Hawk ....I never used to look any clo...

kckip — 5/23/2013 3:45:28 PM

I don't day trade either......I blame Hawk ....I never used to look any closer than 15m (rarely). But I do find it helpful in breaking down the legs.....

[skinowski] I don't day trade anymore... Give me a high probability setup on the hourly or d...

skinowski — 5/23/2013 3:40:19 PM

I don't day trade anymore... Give me a high probability setup on the hourly or daily, and I'll play it... but not the tiny wiggles. They are fun, though, because they do give clues wrt larger moves. I'm surprised that the more than 7% crash in Japan - and sizable declines in Europe - had no impact. Us, worry? Nah.....

[kckip] I.m too far into the wiggles (5m) Everything out of that 12:45 a-b-c low ha...

kckip — 5/23/2013 3:33:00 PM

I.m too far into the wiggles (5m) Everything out of that 12:45 a-b-c low has been overlapping in what I presumed to be the start of either a '3' or 'c' up. That 3-legger can't be a 'iv' since it overlapped my presumed '1'. But you are right, could still be messing around in a larger 'b'.

[rayrohn] lol u actually do something for the country and unemployment .... rather than ...

rayrohn — 5/23/2013 3:31:16 PM

lol u actually do something for the country and unemployment .... rather than making Bankers and Wall Street Player RICH ... that an out standing concept!!!!

[hawkeyefan] OT: If I was a FED Governor, I would try and get the FED to stop this bond buyi...

hawkeyefan — 5/23/2013 3:23:43 PM

OT: If I was a FED Governor, I would try and get the FED to stop this bond buying program. I would take that printed money and rebuild infrastructure.. Highways, roads, streets, bridges. Probably the wrong thing to do, but I drive over some darn rough roads anymore.

[hawkeyefan] I guess I don't know what you mean. Overlapping where or what? I still see an i...

hawkeyefan — 5/23/2013 3:18:46 PM

I guess I don't know what you mean. Overlapping where or what? I still see an impulse up to 11:10 or 11:15 Central. Then a three waver down. And now it is still to be determined what it is doing on the upside since about 12:45 Central.

[kckip] agree with everything including the "so far". Very a-b-cish from the am low, but...

kckip — 5/23/2013 3:17:12 PM

agree with everything including the "so far". Very a-b-cish from the am low, but this market is full of surprises

[skinowski] So far, looking at the wiggles, today's bounce looks corrective.

skinowski — 5/23/2013 3:05:51 PM

[kckip] overlapping now so this sure looks like a "C"

kckip — 5/23/2013 3:01:39 PM

[skinowski] I swear I heard a CNBC commentator ask an analyst, " how far will the FED let st...

skinowski — 5/23/2013 2:50:19 PM

I swear I heard a CNBC commentator ask an analyst, " how far will the FED let stocks fall here?" That's fantastic. In other words, a financial station commentator seems to believe that the markets are a staged circus, and market participants are Fed's trained monkeys. Fascinating. And, as for the question, in 2009 th...

[kckip] Agree, but also looking at the wiggles (5-15m) the high today was also exactly 1...

kckip — 5/23/2013 1:25:06 PM

Agree, but also looking at the wiggles (5-15m) the high today was also exactly 1.618 the move from the lows to the 1647ish high so could also be an a-b-c......still watching 1647 edit - there's the overlap.....

[hawkeyefan] Impulse up off the morning low. Short timeframe of course. We will get one m...

hawkeyefan — 5/23/2013 1:20:26 PM

Impulse up off the morning low. Short timeframe of course. We will get one more for sure and then what?

[kckip] Away from the computer am's this week (so missing most of the fun) As Ski s...

kckip — 5/23/2013 12:46:19 PM

Away from the computer am's this week (so missing most of the fun) As Ski says, looks impulsive to me.....The 1 is a long way back up at 1673 tho, whereas it needs to take out 46.58 below to create an overlap below and imply more downside to come.... I think we're in the larger 4 but I've said that many times befo...

[hawkeyefan] I swear I heard a CNBC commentator ask an analyst, " how far will the FED let st...

hawkeyefan — 5/23/2013 12:00:23 PM

I swear I heard a CNBC commentator ask an analyst, " how far will the FED let stocks fall here?"

[hawkeyefan] investing.com Go to five hour chart. Yea, it does look like a nice count to e...

hawkeyefan — 5/23/2013 11:16:32 AM

investing.com Go to five hour chart. Yea, it does look like a nice count to expect another leg up. What is trouble some is that daily slow stochs are turning down. Need a rally to start soon.

[skinowski] Many times sharp corrections can be mistaken for impulses. Another thing that h...

skinowski — 5/23/2013 10:57:38 AM

Many times sharp corrections can be mistaken for impulses. Another thing that happens often is a quick retest of the lows (small wave C) -- and it's back off to the races. Way too early to suspect a change in trend. One thing that's potentially an indicator is the 7.3% crash in Nikkei. May mean something.

[hawkeyefan] Well maybe it is five waves down from yesterday's high. I just don't trust the ...

hawkeyefan — 5/23/2013 10:37:12 AM

Well maybe it is five waves down from yesterday's high. I just don't trust the SPX anymore. Something tells me it will find a way to be called three waves.

[skinowski] Friday is the last trading day prior to a national holiday. When those days are...

skinowski — 5/23/2013 10:32:19 AM

Friday is the last trading day prior to a national holiday. When those days are not bullish, that's pretty bearish. This morning (on 15 min) so far looks like wave 5 of a rather clean impulse down off yesterday morning's top. It's bouncing now. TBC?

[hawkeyefan] Fridays are up days but from where does it start?

hawkeyefan — 5/23/2013 9:58:34 AM

[hawkeyefan] Are there five waves down in the SPX from yesterday or is it an "abc" with a len...

hawkeyefan — 5/23/2013 9:56:12 AM

Are there five waves down in the SPX from yesterday or is it an "abc" with a lengthy "c"?

[hawkeyefan] AAPL had five waves up from 385 to 460 plus. Correction back down and will have...

hawkeyefan — 5/23/2013 9:47:25 AM

AAPL had five waves up from 385 to 460 plus. Correction back down and will have another leg up at least match the first one.

[hawkeyefan] Weekly charts of Crude: the "e" of "E" from 2011 high was evidently not finish...

hawkeyefan — 5/23/2013 9:44:45 AM

Weekly charts of Crude: the "e" of "E" from 2011 high was evidently not finished. And we start up again sometime here.

[hawkeyefan] Stayed long both. Still convinced (so far) we are in a "c" up that started up ...

hawkeyefan — 5/23/2013 9:42:47 AM

Stayed long both. Still convinced (so far) we are in a "c" up that started up in mid April. Silver is in the "c" up of an irregular flat. Where in the "c' is a little confusing but it still must be in the "ii" unless it is in the "ii" of "iii". I suppose I could be wrong and it is in a "c" from the low Sunday nigh...

[JWest0926] You still long Gold or Silver Hawk? Good Call, looks like we are still moving h...

JWest0926 — 5/23/2013 9:11:26 AM

You still long Gold or Silver Hawk? Good Call, looks like we are still moving higher right now.... I allowed myself to get shaken out and have re-entered. I'd like to hear your proposed count there. Silver seems to have been displaying a count a bit cleaner, however looking for your thoughts. Thanks Jon

[kckip] HA! I hear ya....impulsive tho, so more should be coming.....

kckip — 5/22/2013 4:08:18 PM

[hawkeyefan] Thanks. They aren't getting me in there yet though. I just don't like trading ...

hawkeyefan — 5/22/2013 3:58:51 PM

Thanks. They aren't getting me in there yet though. I just don't like trading it anymore. The SPX, NDX, and INDU just befuddle me.

[kckip] SPX broke the 5/1 lower channel line and retesting from below right now.... may...

kckip — 5/22/2013 3:53:56 PM

SPX broke the 5/1 lower channel line and retesting from below right now.... maybe just broke down out of a rising wedge EDT v and we move on to the larger 4th....?

[kckip] Lines! Remember them well Lots of push and shove - close should be interesti...

kckip — 5/22/2013 1:14:34 PM

Lines! Remember them well Lots of push and shove - close should be interesting today.

[hawkeyefan] Remember when you were in school and you were made to start on one end of the gy...

hawkeyefan — 5/22/2013 12:07:08 PM

Remember when you were in school and you were made to start on one end of the gym, run and touch a line on the floor at the other side of the gym? You then had to run back forth. That's how these markets are trading. Back and forth, and running.

[kckip] That would be the idea, but at this point it's morphing into a bullish pattern

kckip — 5/22/2013 12:00:24 PM

[hawkeyefan] I cleaned the screen on my phone because I couldn't believe what I was reading o...

hawkeyefan — 5/22/2013 11:38:40 AM

I cleaned the screen on my phone because I couldn't believe what I was reading on what the markets have been doing this morning. Who the heck is running this show? What a trading range for everything. So the BKX better close up around the highs of the day or at least the upper half of today's trading range or it w...

[skinowski] Looks like 1668 is the first wiggle support, followed by 1662...

skinowski — 5/22/2013 11:03:31 AM

[skinowski] Well said. You're right - correctly calling an important trend change is addict...

skinowski — 5/22/2013 8:18:05 AM

Well said. You're right - correctly calling an important trend change is addictive. It is instantly habit forming. You end up trying too hard to do it again, and it just takes too much time and energy. It also becomes... basically, pointless - because after a few inevitable disappointments, you become too careful,...

[hawkeyefan] Well, I was able to see yesterday's low as it occurred. This rally is either a ...

hawkeyefan — 5/22/2013 8:01:33 AM

Well, I was able to see yesterday's low as it occurred. This rally is either a 3 of a c ( my favorite), or a "c" of something, or a "b" up of a flat.

[hawkeyefan] Yes, I have learned to look for counts to stay with the long term trend the hard...

hawkeyefan — 5/22/2013 7:50:25 AM

Yes, I have learned to look for counts to stay with the long term trend the hard way. Hopefully I will remember the lessons the markets have given me. I look back at charts at times wondering why I thought I could predict a trend change at certain times. The trouble is once a person does correctly predict a tre...

[skinowski] Thanks, Juergen. Andre's analysis makes me see again, so clearly, the mistake w...

skinowski — 5/21/2013 11:16:55 AM

Thanks, Juergen. Andre's analysis makes me see again, so clearly, the mistake which many EW followers - including me - commit so often. It is possible to find a count - and a projection - for any situation. Therefore, it is important to maintain the proper "bias". In an established trend, the first preference need...

[hawkeyefan] Well, certainly can be that count. "b" down, I mean. Am going to still stay wi...

hawkeyefan — 5/21/2013 10:06:09 AM

Well, certainly can be that count. "b" down, I mean. Am going to still stay with this as a "ii" and see if they abuse me. And just a good guess, the "ii" is ending right now. Famous last words.

[JWest0926] the overnight drop before this am I am looking at as a B of 4 down, will see how...

JWest0926 — 5/21/2013 9:13:02 AM

the overnight drop before this am I am looking at as a B of 4 down, will see how deep it goes. More bearish alternate is that yesterdays rally was a complete 4 and that we are now headed to new lows. I'm going to sell more of my position at the open, and buy the next rally looking for a 5 wave submove up. Jon

[hawkeyefan] Had you guys ever heard of Tumblr before yesterday? I had not. Out of touch...

hawkeyefan — 5/21/2013 8:57:33 AM

Had you guys ever heard of Tumblr before yesterday? I had not. Out of touch, I guess.

[hawkeyefan] I'm not more knowledgeable. The metals sometimes make me feel I know nothing. ...

hawkeyefan — 5/21/2013 6:42:54 AM

I'm not more knowledgeable. The metals sometimes make me feel I know nothing. -------------------------------- Your count has merit. But the 5 of 3 of 5 also may have ended on April 16 and we are in the "c" up of the 4 now. I mentioned to kckip in a private message last week that I thought GOLD was ready to start...

[J_K] I translate the summaries: investorshub.advfn.com ... and can post it here as ...

J_K — 5/21/2013 3:01:54 AM

I translate the summaries: investorshub.advfn.com ... and can post it here as well.

[skinowski] I found the weekly DOW updates on his website, if you click on his name: godmod...

skinowski — 5/21/2013 2:32:26 AM

I found the weekly DOW updates on his website, if you click on his name: godmode-trader.de godmode-trader.de He is quite bullish. But no, I don't go to the Investor hub. Maybe sometimes you could give us here the link. Is anyone on the Inv. hub posting translations?

[J_K] Hi Ski, yes, he hits it well the last time. Do you see the weekly DOW updates I ...

J_K — 5/21/2013 2:05:56 AM

Hi Ski, yes, he hits it well the last time. Do you see the weekly DOW updates I post on Ihub? Regards

[JWest0926] I'm long GLD calls, some bought this am, some bought after the spike up/pullbac...

JWest0926 — 5/20/2013 11:12:29 PM

I'm long GLD calls, some bought this am, some bought after the spike up/pullback Looking to get a long term count on GLD, Gold or Silver (I believe they are moving the same 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 ...

[skinowski] Hi, JK... Looks like Andre Tiedje is the new German EW star. Is he as good as ...

skinowski — 5/20/2013 10:46:28 PM

Hi, JK... Looks like Andre Tiedje is the new German EW star. Is he as good as Onischka used to be? His charts look nice.

[J_K] godmode-trader.de

J_K — 5/20/2013 1:23:47 AM

[hawkeyefan] Silver is showing an impulse up off tonight's low. Get two more to make a larg...

hawkeyefan — 5/19/2013 9:13:27 PM

Silver is showing an impulse up off tonight's low. Get two more to make a larger impulse then we have something.