Tuesday, April 16, 2024

Merry Christmas To All The Good Guys

...and even the Bads Guys Too! 🙂


Celine Dion-Merry Christmas
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Not much else to say about the market folks.  Just waiting on the DIA print to be hit now.  Enjoy the holidays this year, as we don't know what next year may bring.  I'll do another post Sunday night or Monday...

Happy Holidays

Red

Red
Author: Red

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goldie
goldie
13 years ago

Merry Christmas red

Red Dragon Leo
13 years ago
Reply to  goldie

Thanks Goldie… and a very Merry Christmas to you too!

steveo77
13 years ago

I have a few indicators here. The Fear Factor is showing a possible chopstick reversal. Fear Factor 2 is showing some similarity to past years.

My “Toy Index”, Polaris, Harley, Winnebago is showing strong bullish-it sentiment. Whooo Hooo let’s party like it’s 1999 again! I don’t see any immediate shorting opportunities on these charts, but they just show extreme exuberance. See the charts. Please drop a comment.

http://oahutrading.blogspot.com/2010/12/boatload-o-charts.html

Muzzalee
Muzzalee
13 years ago

Merry Christmas Red,

From an admirer down under

Muzza

Red Dragon Leo
13 years ago
Reply to  Muzzalee

Thanks, and Merry Christmas to you too…

steveo77
13 years ago

I posted up a boatload of boatloads.
and now short the Cable, as it is taking a swat from the PRS 177, but has Person Pivot support. Ping pong match perhaps.

http://oahutrading.blogspot.com/2010/12/eemspy-and-pmei.html
http://oahutrading.blogspot.com/2010/12/bullish.html
http://oahutrading.blogspot.com/2010/12/boatload-o-charts.html

pezhead9000
13 years ago

Thanks for all your work

Red Dragon Leo
13 years ago
Reply to  pezhead9000

Merry Christmas to you and yours…

Thanks for reading too!

Anonymous
Anonymous
13 years ago
Anonymous
Anonymous
13 years ago

The trend for silver has been a 13-14 day consolidation followed by a higher high.

If silver continues this trend we could see a final consolidation on Monday and a possible rally on Tuesday.

China did raise rates which could cripple this rally.

Red Dragon Leo
13 years ago
Reply to  Anonymous

You would think it would be down more in this premarket period, but it’s slowly rallying back up from being down 7-8 points. Figures…

Anonymous
Anonymous
13 years ago
Reply to  Red Dragon Leo

You ain’t seen nothing yet.

$32.00/ounce in 1-2 weeks.

Anonymous
Anonymous
13 years ago
Geccko23
Geccko23
13 years ago

Merry Christmas and happy holidays to everyone……Gold,silver,euro,munibonds have been on pause for the last week +. The timeline is the market should tank now that AAII poll hit 63% bulls unless one thinks it’s going 70%bulls. Late March/early April should be a major low since there has been a consistent 7month cycle low which was sort of disguised late August. Some key astro events should occur around that time. I did see True Grit and it does have some pretty good clues that I will get into later. Of course there is another 1969 reference since the original True Grit was released that year but that movie is referenceing a certain date 3 different ways, a number I have noticed before and was already referenced in the movie Red. Let’s see how Monday shakes out.

Red Dragon Leo
13 years ago
Reply to  Geccko23

If we’re going to have the greatest crash, then we needed the highest sentiment reading ever. So 70% is possible (but I doubt it).

Merry Christmas Geccko… or is that Gordon? LOL

newbear
newbear
13 years ago
Reply to  Red Dragon Leo

Merry Christmas red,

All the blogs I’ve read are talking about the record bullishness to me that’s too obvious the gangsters will see that as well so I wouldn’t put too much weight on that as they’ve made all the negative divergences fail and keep rallying this market.

Red Dragon Leo
13 years ago
Reply to  newbear

Yes Newbear, I agree… and Merry Christmas to you too.

Red Dragon Leo
13 years ago
Reply to  anoopsan

So how was your holiday AnoopSan? Hope all was well…

anoopsan
13 years ago
Reply to  Red Dragon Leo

Thanks Leo

Holiday’s were nice. I hope you had a nice time too.

Red Dragon Leo
13 years ago

New post everyone. The Weekend Update is up now. (Sorry for the long video).

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