SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Strategies & Market TrendsBonds, Currencies, Commodities and Index Futures


Previous 10 Next 10 
To: Chip McVickar who wrote (12355)1/19/2016 4:55:42 PM
From: robert b furman
   of 12390
 
Hey Chipper good to see you here - your analysis is time valued by many here.

Ditto on our friendship.

Jan and I have now retired and I seem glued to this computer (and quite boring).

Chief's clx says a bounce is due any time, Macd finally bottomed as it took quite a while to come off oversold.

Wondering if / when this market drops its correlation with oil.

This market action seems so deja vu to 1997 / 1998.

Henry's ewave read says we're in 4 down still - never trust a 4 - they can tax one's patience.

I'm in Wisconsin taking care of my 97 year old mother who just last Friday had knee surgery.

So I have a date with snow in a week - I'm up there for Sturgeon spearing in February as a must do, then back to Houston for taxes and in Wisconsin for the summer.

Over the last 5 years I have gutted and rebuilt a school house in my home town - it was built in 1860.

It has turned out to be a labor of love and surprising nice.

Are you still camping and trail traveling?

Always super to hear from you !

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (12356)1/19/2016 11:15:25 PM
From: Chip McVickar
   of 12390
 
Ever done any bonefish or Permit fishing...???


I believe there's a correlation between bank debt and the price of oil that's spooked the banking sector and the fed... probably derivatives as well and probably not being marked to the market - just buried.

Bottom by the 25th of January... we may be already looking at it...???

My wife is not about to retire... she loves her work as an architect way to much.
Me... I can't retire from the responsibilities I've inherited, but that's okay.

But sometimes I wish for fewer 'I have too's'.

My mother died at 96 with all her facilities, but your's taking on knee surgery - Wow... now that's awesome.
I hope her quality of life exceeds the complications and duration of recovery.

I caught a pike once in the Georgian Bay Islands... my friends mother said it was the last damn one she'd ever cook -- that was 20 years ago... tasted like the murky water and my god the bones.

Sturgeon I understand are great grilled like tuna or swordfish... but don't they carry serious parasites...??

The old school house you renovated... I remember the descriptions -- you had an 'interesting experience'.

I spent this fall putting in a radiant floor heating system (± 800 ft) over basement concrete to make the space more livable. Mostly did a lot of the work myself and had a great time driving 11/2 inch masonry nails. Also, did a lot of exterior and interior painting myself too.

As for hiking, Yes... we took off again for the Sedona and Utah deserts... putting on 50 hiking miles over 10 days.

Hope you get a chance to travel together --- outside of the roads between Wisconsin and Texas. <smile>
You could just let some of those options expire naturally while visiting Japan.

Chip

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Chip McVickar who wrote (12357)1/28/2016 3:42:41 PM
From: Chip McVickar
3 Recommendations   of 12390
 
bought just after 3:00 est - cash chart -- 1892.87

nice deep hold unless 1855 is seen again -- but I don't believe we'll ever see it again
every things lined up for
looking for
1- 1969
2 - 1981
3 - 1990
4 - 2043
5 - new highs

Share RecommendKeepReplyMark as Last ReadRead Replies (3)


To: Chip McVickar who wrote (12358)1/29/2016 11:50:50 AM
From: Chip McVickar
2 Recommendations   of 12390
 
Update on upward targets
Keeping in mind I'm an amateur and just really guessing.

These are likely targets on the re-tracement towards the old highs in the cash S&P chart
What you do with this is an individual choice
1/28/2016 3:42:41 PM
bought just after 3:00 est - cash chart -- 1892.87

looking for
1 - 1916 = 1st 1.618
2 - 1922 = 2nd 1.618 higher gap
3 - 1969 = a 1.618 move
4 - 1981 = another 1.618 move
5 - 1990 = Gap
6 - 2043 = Gap

There are others I may have missed... and may add at a later date

Plus futures charts produce different numbers and as the big players use those charts the effects in the cash charts maybe slightly off

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Chip McVickar who wrote (12359)1/29/2016 12:39:47 PM
From: Woody
   of 12390
 
  
Thanks Chip. An amateur, I think not .. lol. I bet you have plenty of old scars and a lack of new ones to prove you’ve learned what works and what doesn’t. I’d say a tad more than an amateur for sure.



Woody





  
  


 
 


Share RecommendKeepReplyMark as Last Read


To: Chip McVickar who wrote (12358)1/29/2016 12:52:29 PM
From: Chip McVickar
1 Recommendation   of 12390
 
Revision # 3

Update on upward targets
Keeping in mind I'm an amateur and just really guessing.

These are likely targets on the re-tracement towards the old highs in the cash S&P chart
What you do with this is an individual choice
1/28/2016 3:42:41 PM
bought just after 3:00 est - cash chart -- 1892.87

looking for
1 - 1916 = 1st 1.618
2 - 1922 = 2nd 1.618 higher gap
3 - 1938 = 3rd 1.618
4 - 1957 = 50% fibo retracement
5 - 1969 = a 1.618 move
6 - 1981 = another 1.618 move
7 - 1990 = Gap
8 - 2031 = 75% fibo retracement from low to high of 2104 dec 2nd
9 - 2043 = Gap
10 - 2104.27 2nd high

There are others I may have missed... and may add at a later date

Plus futures charts produce different numbers and as the big players use those charts the effects in the cash charts maybe slightly off

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Chip McVickar who wrote (12361)2/5/2016 11:49:53 AM
From: Chip McVickar
2 Recommendations   of 12390
 
12:00 - noon est for reversal --- this is what I'm looking at

Whole day is a window for reversal as well --- in my work

cash S&P around 1888.88 is perfect point too

1862 has to hold

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Chip McVickar who wrote (12362)2/5/2016 12:01:59 PM
From: robert b furman
   of 12390
 
Hi chip,

Your time window looking good :

screencast.com

Not sure where you get 1862?

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (12363)2/5/2016 1:52:40 PM
From: Chip McVickar
2 Recommendations   of 12390
 
yea... so far so good --- nycity snow may have an impact

- market has to get through 2.20 on the snp and 3.00 on the dow... then we'll see if'n the noon reversal holds

1862 is an astro line related to the scorpio moon

-- you can just follow the 1.618 moves off highs and lows on the 10 -15 or 30min charts

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Chip McVickar who wrote (12364)2/5/2016 2:21:54 PM
From: robert b furman
   of 12390
 
OK,

Thanks.

2:20 coming up here quickly.

screencast.com

Bob

Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10