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Mike commented on Zeeshan Maqsood's photo 'XLF-$16 is key'

Zee, here is another view of XLF

yesterday

Mike added a blog post

Banks are living on "borrowed time"

( FITB ) DIVERGENCES STUDY...

on Wednesday

Mike added a photo

0312 GS DIVERGENCE STUDY

on Monday

RICHARD (FRBN) commented on Mike's photo 'SORRY, the BULL PARTY is OVER!!!! KAPUT!!!!'

HOPE YOU ARE CORRECT........... this was my turn date as of FEB 24th... added CERN and BA to my PUTFOLIO.

March 8

Mike added a photo

0308 GARTLETY MAJOR MARKET

March 8

Mike commented on Bryan Leighton's blog post 'Markets Hover Flat As Scary Pattern Looms.'

good pickup

March 4

RICHARD (FRBN) commented on Mike's photo 'SPX BEARISH GARTLEY?'

this is possible... anything is at this point. if you use the CLOSING price for the lows you should get a more accurate FIB number. TOP 1150 .... bottom 1056 = 94 points on a closing basis. this intraday action is so much noise we must give closing…

March 1

RICHARD (FRBN) commented on Mike's photo 'SPX BEARISH GARTLEY?'

my turn date is MAR 8. ive had this on my calendar for some time. here is the deal. any follow through will be delayed to the downside should this develop. magic is at work here. they need to unload securiities at the FED and they may just get marke…

March 1

Mike commented on badmofo1024's blog post 'Market Update (BMF) - 02/26'

Rich, check photos (see Bearish Gartley)...

March 1

Mike added 2 photos

March 1

RICHARD (FRBN) commented on Mike's photo '0301 DIVERGENCESa'

WHAT IS REALLY AT WORK HERE........... when we were declining and SRS was failing to really move i knew something was up. i posted that some equity raises may be in the works. also, the FED openly announced they wished to unload some positions. more…

March 1

Mike commented on badmofo1024's blog post 'Market Update (BMF) - 02/26'

Agreed. My bellwether are the EMA 21-34 Trend Lines. Some/bulls are ignoring the latest crossover. See FYI post concerning "trend time" when these lines cross. www.spwavetrade.blogspot.com

February 26

Mike commented on Mike's blog post 'FYI'

so I was off by one day....

February 25

Mike commented on Mike's blog post 'FYI'

Uptick rule on SHORTS just installed... This story just keeps unfolding minute by minute...

February 24

Mike added a blog post

FYI

For the record, I am expecting a "major" move to the downside very soon (maybe today)....www.spwavetrade.blogspot.com

February 24

RICHARD (FRBN) commented on Mike's photo 'SPX - 60 MINUTE CHART'

WELL.... DTG did some fancy footwork and beat by a long mile. apparently thier accountant says to reverse depreciation taken on the fleet and book it as profit this quarter. you know some big position insiders want out when you see fancy footwork li…

February 17

Mike commented on Mike's photo 'SPX - 60 MINUTE CHART'

Good Luck my man,, The EMA Lines rule here... Trend is "negative"

February 17

RICHARD (FRBN) commented on Mike's photo 'SPX - 60 MINUTE CHART'

oh yeah... will SRS be sub $8 again LOL i asked 15 hours ago. guess we can all answer that with certainty. now will the $27 stock im speaking of pay off my puts. it reports in the morning ::: DTG ... wish me luck :)

February 16

RICHARD (FRBN) commented on Mike's photo 'SPX - 60 MINUTE CHART'

Mike, you enjoying predicting market movement as much as me? my prediction is for 1105 as R1 and R2 in my books got toasted like a marshmallow. if 1105 does not hold this market back im sitting out. the SPG deal leaves a very sick feeling in my sto…

February 16

RICHARD (FRBN) commented on Mike's photo 'SPX - 60 MINUTE CHART'

I think we all think too much :) my problem is i see a pattern and retrace coming but dont go long. i just stay short and add at the resistance im "guessing" holds this lie back. then if that resistance does not hold this thing back my profits from…

February 16

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SPX Elliot Wave ETF Trader
www.mbewtrader.blogspot.com
NOTES of PERSONAL IMPORTANCE:
--One of the Greatest Chapters ever written: (Proverbs 8)
--I connected with Life when this verse from the "Good Book" was quoted to me:
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Banks are living on "borrowed time"

( FITB ) DIVERGENCES STUDY...

Posted on March 17, 2010 at 1:06pm —

FYI

For the record, I am expecting a "major" move to the downside very soon (maybe today)....
www.spwavetrade.blogspot.com

Posted on February 24, 2010 at 10:32am — 2 Comments

What's Your Take on the Next Market Move?

My Take:
TUE: The market does nothing (maybe a small daily retrace). TUE Night: Brown Wins!
WED: the market advances to 1158 on the news. Then the Dems ram-rod the HC vote before Browns confirmation and the market starts a long trek DOWN. 1158 is the top (perfect ABC from 666.79). Other Note, If Brown doesn't win, its goodbye SPX and no 1158... (That will be my anticipated Wave 4 End=1144.78) www.mbewtrader.blogspot.com

Posted on January 18, 2010 at 4:03pm —