I’d look for the value to go a bit lower than $25. Remember we have the 137 & 138 SPY FP’s. Just like we over shot the 77 FP that Abdullah also caught. (Made it all the way to 81.50) That’s almost a 6% over-shoot. So I’m looking for a bottom around 23.50. Then again, if you are looking to go long on FAZ, I wouldn’t wait until the very bottom. When we have a FP of 83, you’d still have a great return.
Hello, GG here.
I’ve become somewhat of a save-the-bear evangelist over at Daneric’s.
having been caught in many bear traps, I’ve focused on one thing. The bullish percentage.
this little bear is surviving the ravages of the largest market fires in history.
using one chart.
until this chart points down, truly down, I will not short.
Guys & Gals … Abdullah’s FAZ FP is coming $25. From there there should be some false flag to crush the market down to bring FAZ back to 300% return. It could be Iran/Israel war.
Graham #80 catches the pass while #25 bounces off of him—80-25(7) ie 87 while NO’s #19 is in the foreground forming a 1987…..After he runs into the endzone (over the 4 or 49er logo), they reinforce the 87 if you didn’t get it the first time when NO teammate Sproles #43 runs up to congratulate him.
SF player #22 runs after him while #31 is the safety who misses him and #38 is the other NO defender in the picture.
Disqus is distorted again since I last posted so I really can’t post.
I have some similar stories in mind for the Legatus Giants wunderkind Victor Cruz #80 and some of his “amazing” TD plays.
In the SP today, a familiar two day pattern was put in similar to the October 28 and the July tops. Sort of the inverse hook pattern Attilla has mentioned in the past.
I agree with Johnny on this one TS. I think the 137-138 FP’s will be hit, which should make FAZ dip below 25.
high probability short sells
AMTD,TXN
market gifts, if you want my real opinion:)
I’d look for the value to go a bit lower than $25. Remember we have the 137 & 138 SPY FP’s. Just like we over shot the 77 FP that Abdullah also caught. (Made it all the way to 81.50) That’s almost a 6% over-shoot. So I’m looking for a bottom around 23.50. Then again, if you are looking to go long on FAZ, I wouldn’t wait until the very bottom. When we have a FP of 83, you’d still have a great return.
Hello, GG here.
I’ve become somewhat of a save-the-bear evangelist over at Daneric’s.
having been caught in many bear traps, I’ve focused on one thing. The bullish percentage.
this little bear is surviving the ravages of the largest market fires in history.
using one chart.
until this chart points down, truly down, I will not short.
http://stockcharts.com/h-sc/ui?s=$BPSPX&p=D&yr=0&mn=2&dy=0&id=p91623239522
-Cheers!
Guys & Gals … Abdullah’s FAZ FP is coming $25. From there there should be some false flag to crush the market down to bring FAZ back to 300% return. It could be Iran/Israel war.
ES Support and resistance lines:
http://niftychartsandpatterns.blogspot.in/2012/02/es-support-and-resistance-lines.html
Copper Triangle pattern: http://niftychartsandpatterns.blogspot.com/2012/02/triangle-of-copper.html
Here’s another NFL tidbit I haven’t gotten to yet.
A 66 yard touchdown reception by NO’s Jimmy Graham in the 49er-NewOrleans playoff game where they flashed another 1987 albeit indirectly:
http://www.youtube.com/watch?v=pCA-PEi6SRg
Graham #80 catches the pass while #25 bounces off of him—80-25(7) ie 87 while NO’s #19 is in the foreground forming a 1987…..After he runs into the endzone (over the 4 or 49er logo), they reinforce the 87 if you didn’t get it the first time when NO teammate Sproles #43 runs up to congratulate him.
SF player #22 runs after him while #31 is the safety who misses him and #38 is the other NO defender in the picture.
Disqus is distorted again since I last posted so I really can’t post.
I have some similar stories in mind for the Legatus Giants wunderkind Victor Cruz #80 and some of his “amazing” TD plays.
In the SP today, a familiar two day pattern was put in similar to the October 28 and the July tops. Sort of the inverse hook pattern Attilla has mentioned in the past.
Dow: -11
Nasdaq: +11
S&P 500: +1
Any one can make inference of this 1 number.
Regards
Yet another graph from Evil:
http://evilspeculator.com/wp-content/uploads/2012/02/2012-02-02_rydex.png
Interesting what happens almost every time the asset values converge – similar to the one I posted yesterday.