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

Peter Robinson Author is a PRO member Rank: 80 Followers: 10 Votes: 14 Years Member: 13 Last Update: 30 June 2015, 16:04 Categories: General Market Commentary

(6/30) -- End of month/quarter window dressing IMO.
Look out below tomorrow?
Long weekend coming up.
Slipping in Greece?

(6/29) -- SPY MA(200) support to hold just below the action? [top p. 2]
Asia will be interesting to watch overnight.

(6/28 -- 1919 EDT) -- SPX futures way off:

http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500.html

MA(100) support rising to meet the action. [top p. 2]

(6/22 -- 0605 EDT) -- DAX rocketing up -- now just below 11,400.
(6/19 -- 0459 EDT) -- SPX MA(100) support kicks in once again.
Is the upper Bollinger Band the next limit for a new high around 2150? [middle p. 2]
(6/17) -- DAX closes at 10,978, but still above MA(200).
(6/16 -- 0401 EDT) -- Alert! -- DAX at 10,813. A move below MA(200) could prompt a move to DAX 10,000 IMO.
(6/14) -- June 2012 target of SPX 2100 'Seven Year Itch' triple top forming? -- See 'Hair Trigger' quote from Warren Buffet under the first chart.
(6/12) -- NYSE 10,900 is the line in the sand IMO. [p. 2]
(6/2) -- NYSE Seismometer Rising Wedge about to break down?

(4/27) -- Recovery from heart surgery has slowed things down, but the heart is good.
(2/18) -- June 2012 target of SPX 2100 reached. [middle p. 1]
(10/25) -- Top forming? -- Monthly candlestick long tails are a heads up, similar to 2000 and 2007 tops IMO.
(9/1/14) -- Strong August candlestick -- Santa rally here we come?
(2/11/13) -- The Big Churn (1997-2021) is about two-thirds over IMO. [p. 1 -- posted 8/30/2001]
(6/11/12) -- 'Seven-year Itch' Triple Top at SPX 2100?


***** DISCLAIMER *****

These charts and notes are for educational and entertainment purposes only.
Do not rely on them to make investment decisions -- perform your own due diligence.
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A1.05 -- SPX -- MONTHLY 1980-2002 -- THE BIG PICTURE

(6/14/15) -- [List under reconstruction.]

(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/

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

A10.41 -- ZZ9.1 -- A1.01.1 -- $SPX - Monthly -- Seven Year Itch overview small

***** 25 October, Earth Year 002,014 *****

Is a top forming?

In June 2012 it was asked whether a 'Seven-year Itch' Triple Top could form in 2014 -- has this process started?
The 2000 and 2007 tops gave us warning signs IMO, with several candlesticks with long lower shadows -- 'long-tailed' here.
Whether called Dragon-fly, Hammer, Hanging Man, etc., it is the long lower 'tail' which is the warning sign to these eyes.

[see monthly charts on p. 1 and the close-up charts below]

A10.43 -- ZZ9.3 -- A1.01.3 -- $SPX - Monthly 2000 top

A10.45 -- ZZ9.5 -- A1.01.5 -- $SPX - Monthly 2007 top

A10.47 -- ZZ9.7 -- A1.01.7 -- $SPX - Monthly 2015 top

A10.49 -- $SPX - Weekly 2000 top

A10.51 -- $SPX - Weekly 2007/2008 top

A10.53 -- $SPX - Weekly 2015/2016 top?

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

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