Thursday, January 07, 2010

You have to see it…

bird-6 No, not to “believe it”, but just be able to see why “stubborn” SPY, $SPX, /ES – call it any name – does not want to do what bears united (no more) want it to do…oh yes, it is up high, oh yes – it is at “resistances” (new every time), oh yes – it “must” fall, but it is a giant (not on the feet of clay as I wrote back in 2007) on many legs and these “legs” keep rotating, taking over from each other and keep supporting composite indexes.  It just so happened that when market “crashes” most sectors do it at the same time, but right now, unless some black swan event happens – do we have to expect “catastrophic” PeeThree?  Lets be real – will anyone who is capable of CONCISTENTLY making money sell crappy brochures (damn…I will be bounced from “EWI Affiliate Knights’ “ and…who gives – have not made a dollar for 2 moths – my readers are smart – they know …. (damn censorship) fecal when they see it. 

Without further due I present you what I call: “How carpal tunnel was built”

..and…market will selloff next week…may be…


Monthly Weekly Daily
Consumer Discretionary SPDR (ETF)
2010-01-07_2015 2010-01-07_2017 2010-01-07_2019
Consumer Staples Select Sect. SPDR (ETF)
2010-01-07_2022_001 2010-01-07_2022 2010-01-07_2021
Energy Select Sector SPDR (ETF)
2010-01-07_2024 2010-01-07_2024_001 2010-01-07_2025
Financial Select Sector SPDR (ETF)
2010-01-07_2028_001 2010-01-07_2028 2010-01-07_2027
Health Care SPDR (ETF)
2010-01-07_2030 2010-01-07_2031 2010-01-07_2032
Industrial SPDR (ETF)
2010-01-07_2035 2010-01-07_2034 2010-01-07_2033
Materials SPDR (ETF)
2010-01-07_2036 2010-01-07_2036_001 2010-01-07_2037
Technology SPDR (ETF)
2010-01-07_2040 2010-01-07_2039 2010-01-07_2038
Utilities SPDR (ETF)
2010-01-07_2042 2010-01-07_2042_001 2010-01-07_2043
SPDR S&P Homebuilders (ETF)
It is not a “sector” in SP500, but …
2010-01-07_2045_001 2010-01-07_2045 2010-01-07_2044
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