BullBear Trading: Stock and Financial Market Technical Analysis

Jim sanberg
  • Male
  • Plymouth Meeting, PA
  • United States
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Jim sanberg replied to the discussion '08/11 Member Discussion'
Aug 15, 2011
Jim sanberg replied to the discussion '08/11 Member Discussion'
"Guys you have to see this:   http://www.mt.net/~watcher/archives/the-circle-of-time-predicts-future-events-starting-now-t644-10.html   Look at the middle part of the page where it says October 29, 1929   Where…"
Aug 12, 2011
Jim sanberg replied to the discussion '08/11 Member Discussion'
Aug 10, 2011
Jim sanberg replied to the discussion '08/11 Member Discussion'
Aug 10, 2011
Jim sanberg replied to the discussion '08/11 Member Discussion'
"A number of advisors have called this the top. Terry Laundry at http://www.ttheory.com/links.php Carl Swenlin at http://www.decisionpoint.com/TAC/TopAdvisors.html A Dow Theory Sell signal hit last week-Jack…"
Aug 6, 2011
J CHAN left a comment for Jim sanberg
"No need to look for Buy Signal now.  It was a touch down situation that it was so close and then reversed abruptly.  Better off not trading this market. Risk is extremely high both up and down.  The line in the sand was crossed. Bear…"
Aug 5, 2011
J CHAN left a comment for Jim sanberg
"Telling you. I am quite fearful now also.  But on the indicator IWM:SPY, I draw a downtrend line, the indicator IWM:SPY is right at the downtrend line but has not cross above.   I am also looking at the PPO histrogram, I look…"
Aug 4, 2011
J CHAN and Jim sanberg are now friends
Aug 4, 2011
Jim sanberg replied to the discussion '08/11 Member Discussion'
"TLT spiked almost 3 percent -could this be the blow off, like last year, before a stock rally?"
Aug 2, 2011
Jim sanberg is now a member of BullBear Trading: Stock and Financial Market Technical Analysis
Jul 27, 2011

Profile Information

What's your current long term market stance?
Bearish
What's your current intermediate term market stance?
Neutral
What's your current short term market stance?
Neutral
What is your style of investing? (You can choose more than one.)
Trend Follower
In which markets do you trade or invest?
Stocks, Bonds, Commodities, Precious Metals
How long have you been trading or investing?
5-10 years
Describe your level of market experience.
I'm learning but still losing money
Have you read "Reminiscences of a Stock Market Operator?"
No
How did you find TheBullBear.com?
CNBC.com

Comment Wall (2 comments)

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At 8:47am on August 5, 2011, J CHAN said…
No need to look for Buy Signal now.  It was a touch down situation that it was so close and then reversed abruptly.  Better off not trading this market. Risk is extremely high both up and down.  The line in the sand was crossed. Bear market is here. Do you agree?
At 9:41am on August 4, 2011, J CHAN said…

Telling you. I am quite fearful now also.  But on the indicator IWM:SPY, I draw a downtrend line, the indicator IWM:SPY is right at the downtrend line but has not cross above.   I am also looking at the PPO histrogram, I look for one to three shorter (negative) bar as an indication of reversal to the upside.  Both has not happen.

ROC (Rate of Change) is at an extreme level of 7.5 for the pass many months now and may have reversed up.  But during the fall 2008, ROC did went a lot lower.

You like to see strong reversal to the upside.  Yesterday action was pretty strong.  Today it is going to retest the low.  If the low holds, the Short should starts to cover and buyer should come in.

 

The market is definitely in trouble.  The up move may be limited.  Worse, if the bull don't act out, we may see a fresh leg down that equiv to the leg that end of July down leg meaning a visit to the SPY 1100 level.  By that time, we all know the BEAR Market has began.  Sy Harding is the only person I follow that seemed to get in right all along this time.  We all work on hindsight, which is not very helpful.

 

 
 
 

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