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It's getting to the top of the channel now, and should pullback some. How much is anyone's guess?

http://stockcharts.com/def/servlet/Favorites.CS

Picking up 25% of short positions into this strength on spxu, txa,typ and faz.

S&P hit 1090. I cannot see it moving much further.

Dow Jones futures chart before opening bell
http://niftychartsandpatterns.blogspot.com/2010

So much for the dip… looks like we go up more first.

filed under miscellaneous
at 1136, SPY p/e is 17.1, the lowest in 7 years. High p/e's, same time frame, are in the 20-22 range. potential 30% upside…
I wonder what the all time low p/e was?

BTU coal company. Extraordinary.
There's 2 patterns at work here.
One is a rounded bottom, bullish, or fails at 44.
The other is a pattern has a name, but I forgot the name = 47-49 high
http://zstock7.com/wp-content/uploads/2010/07/b

BTU coal company. Extraordinary.
There's 2 patterns at work here.
One is a rounded bottom, bullish, or fails at 44.
The other is a pattern has a name, but I forgot the name = 47-49 high
http://zstock7.com/wp-content/uploads/2010/07/b

MEE, ( coal mining) It looks to me as if its in one of those price channels again, where it never has 3 down days in a row, for a few weeks.
MEE goes 12% higher, that puts BTU near the 48-50.
BTU has a pattern, I wish I knew the name. I'll make a drawing. Wait one sec.

my hair is so thick no need for hair spray ewwwwwwwwhhhhh!!

never teased or sprayed my hair !! 🙂