The Big Picture -- The Big Churn 1997-2021 (Est. 30 August, Earth Year 002,001)

Peter Robinson Author is a PRO member Rank: 64 Followers: 15 Votes: 40 Years Member: 12 Last Update: 16 April 2014, 11:30 Categories: General Market Commentary

(4/16 -- 0416 EDT) -- Options Week bounce off MA(100) to become short squeeze above SPX 1842 resistance?
MA(20) is just above the action.

(4/15) -- SPX 1842 tap is a new Lower High at MA(50)?
(4/14) -- Insipid volume -- SPX 2015 futures are dropping below 1800.
(4/12) -- Options Week -- SPX 1800 support to hold? -- Need high volume for a bottom.
(4/11) -- MA(100) breached soundly also -- off-set to end the carnage? [bottom p. 1]
(4/10) -- Real Options Week -- MA(20) and MA(50) busted hard -- MA(100) just below -- volume too light for a bottom IMO.
(4/9) -- Short squeeze at close to leapfrog over MA(20) to top of monthly trading range ~1875.
(4/8) -- Resistance above at MA(20) and SPX 1860 +/-.
Bounce off MA(50) to hold? -- SPX 1842-1875 trading range in monthly mini-chart.
(4/7) -- Real Options Week ('R. O. W.').
(4/6) -- Ominous candlestick Friday -- Free-fall to SPX 1840-ish and MA(50) support?
(3/30) -- End-of-month -- SPX 1840 is crucial support IMO -- VIX has been above 14 for a while, and must go down for further SPX upside.
(3/21) -- NYSE Main Engine Bullish Percent still strong. [p. 6]
(3/6) -- THE DRUMS OF WAR? Spinning top doji on low volume just below BB(100).
(3/4) -- BB(100) resistance just above the action.
(11/26) -- Sept/Oct Santa Rally to SPX 2100? -- Check the June 2012 SPX monthly 'Seven Year Itch' targets for 2014.
(11/24) -- SPX going exponential? -- Does this rate of rise look sustainable? [end of list]
(2/11/13) -- The Big Churn (1997-2021) is about two-thirds over IMO. [1st chart -- posted 8/30/2001]


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A1.05 -- SPX -- MONTHLY 1980-2002 -- THE BIG PICTURE

(5/20/13) -- See 2001 SCC newsletter after this list was established:

http://stockcharts.com/commentary/archives/cww20010909h.html


(3/5/12) -- This chart was first posted on August 30th, Earth Year 002,001.

(4/22/002,006) -- Warren Buffett on hair triggers:

'There are more people [like hedge-fund managers] that go to bed at night with a hair trigger than ever before, it's an electronic herd, they can give vent to decisions that move billions and billions of dollars with the click of a key. We will have some exogenous event - we will have that. There will be some kind of stampede by that herd?

'When you have far greater sums than ever before, in one asset class after another, that are held by people who operate on a hair-trigger mechanism, then they lend themselves to more explosive outcomes. People with very short time horizons, with huge sums of money - they can all try to head for the exits at the same time. The only way you can leave your seat in burning financial markets is to find someone else to take your seat, and that is not always easy ...'

http://money.cnn.com/2005/05/01/news/fortune500/buffett_talks/

A10.33 -- $SPX - Monthly 1998 to 2013 -- Is this a top?

A10.35 -- $SPX - Monthly Candlesticks, 1024 (w/Buttons)

A10.37 -- ZZZZZ -- A1.11 -- $SPX - Monthly Dec 2013

A10.49 -- A1.11 -- $SPX - Weekly -- Santa Rally to be limited by BB(322)?

A10.51 -- $SPX - Weekly -- Santa Rally to be limited by BB(322)?

A10.57 -- $SPX - Weekly -- 1600 or higher top?

A10.81 -- BB(20) shortfall -- SPY - Daily Candlesticks, 1280

A10.83 -- B157.95 -- SPY - Daily Doji cluster TBD 2 JULY 2013

A10.87 -- A1.15 -- $SPX - Daily Candlesticks, 780

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