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

Peter Robinson Rank: 70 Followers: 11 Votes: 41 Years Member: 11 Last Update: 19 June 2013, 12:21 Categories: General Market Commentary

(6/19 -- 1515 EDT) -- Overbought SLOITC's playing out? [pp. 5-6]
(0315 EDT) -- NYSE 'Main Engine' pressure gauge breadth is strong again IMO. [1st chart]

(6/18) -- SPY breaks out above MA(20) -- recent bounce off of MA(50) was yet another bottom? [p. 2]
(6/17) -- SPY quadruple top is in? -- SPY closes right at resistance and MA(20) with Spinning Top Doji on moderate volume.
(6/13) -- Real Options Week SPY head and shoulders Triple Top TBD.
The triangle bounded by SPY MA(20) and MA(50) below is close to being resolved -- up or down?
(6/13) -- NYSE breadth holds uptrend line.
SPY MA(50) support holds with bullish engulfing candle.
(6/11) -- NYSE 'Main Engine' developing bad breadth? -- SPY triangle TBD by MA(20) and MA(50) IMO.
(6/10) -- Black candle at MA(20) on low volume = indecision = a turning point?
(6/9) -- Real Options Week -- a stall-out here could be ominous IMO.
The week before Options Week has been the REAL options week for years now IMO.
(6/7) -- SPY MA(50) support holds, and then some.
(6/5) -- 'Main Engine, Stop' ???
NYSE breadth at a crucial point IMO. [first 3 charts]
(6/3) -- SIMAGA? -- 'Sell in May and Go Away' in process?
(5/27) -- 'Main Engine' still strong, but possibly topping out?
(5/21) -- 'Main Engine -- All Ahead Full.'
(5/20) -- Is The Big Churn over, and SPX 5000 is next?
(5/19) -- The March 15th target of SPX 1700 is now within reach IMO.
Most Bollinger Band (409,2.2) charts have been moved to the end of the list. ['Last']
(3/15) -- Possible tops up to SPX 1700 +/-.
(2/11) -- The Big Churn (1997-2021) is about two-thirds over IMO. [1st chart -- posted 8/30/2001]


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A10.13 -- $NYSE/NYUD/NYAD - 30 min

A10.17 -- $NYSE - 2 hour Solid Line (thin), 1024

A10.19 -- B179 -- NYSE/NYUD/NYAD - Main Engine -- daily -- 2000-2013

A10.31 -- 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 Election Years

A10.33 -- $SPX - Weekly -- 1600 or higher top?

A10.36 -- $SPX - Monthly Line (solid), 1024

A10.37 -- $SPX - Monthly Candlesticks, 1024 (w/Buttons)

A10.57 B156.3 -- SPY - Weekly Candlesticks, 1280 (w/Buttons)

A10.67 -- SPY - Weekly Candlesticks, 1024

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