Friday, September 10, 2010

Boatload O'Charts

Enjoy, Sign up as a follower.   The new moon is acting, the prior ratio chart extreme values have pretty much clocked out although a day or three more of Frog Boil could certainly occur.

Black swan are delivered by cruise missile on the weekends and holidays.  

I rarely do the XLF chart, but first time I put the PRS 133 on it and it looks bearish.

I think HBB will continue to move money around, ramping particular issues, hitting short stops, and then after enough bears are just ready to "wait this one out" a few near limit down days in a row, maybe 3 of a 5 day week.  

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Insightful and Useful Comment!