January 2011 Blog Posts (7)

1/31/11

4:40EST

Silver: (March contract)

It’s been a while since I updated the Silver

Due to the fact

There was no major change

Although we now have a minor change (immediate to short term)

Long Term:

No change

Up to 33.97

Staying above 19.50 to 21.18

The bull trend continues (33.97)

Immediate to Short term:

The last update was as such

Down to 25.27 to 25.51

At these…

Here's the introduction to the latest BullBear Weekend Report:

It's widely accepted that stocks are in a correction at this time.  The question remains: "what kind of a correction and how long and how deep will it go?".  My analysis has been and continues to be that we are in the initial stages of a bull market (in Elliott Wave terms SPX is currently in Wave 3 of a five wave bull run).  While…

Here's my recent analysis originally published for BullBear Traders members on 1/15/11 and updated through 1/26/11:

SUMMARY

Thusfar markets have proceeded pretty much as my analysis had anticipated.  US equities are now fairly well confirmed to be in a major Wave 3 advance.  Increasingly, signals are…

A Critical Analysis of Robert Prechter and Elliott Wave International

(March 2009-Present)

SUMMARY

In this article I analyze the recent work of Robert Prechter’s “Elliott Wave International”, evaluating…

I was reading the following article:

http://www.bloomberg.com/news/2010-11-10/u-s-stocks-are-in-multi-year-bull-market-morgan-stanley-s-darst-says.html

Is it true or even possible that we are entering a multi-year bull market?

What do you think?

My long term stance on the current market is bullish. Therefore, I am inclined to giving greater importance to any bullish signals I see in a stock's chart.

Here is one interesting bullish setup that I wrote about on my blog before markets opened on Wednesday December 29th. (FTK is up 28% since I wrote about it).

Original post (published before open on Wednesday December 29th):

"Flotek Industries Inc. is a…