Wednesday, February 16, 2011 4:23:48 AM
Gonna take this blog into a different direction in an attemp to get a more diversified audience...hope you enjoy.
Central Florida is one of the most visited areas in the World, our World class attractions could be one of the reasons for that. Winter Park, Eatonville, the Polk County area are just a few of the bedroom communities that make up this world class area. Lets take a look at one on our fine attractions. Sea World - There are plenty of animals to keep you entertained at Sea World, Orlando: sting rays, dolphins, penguins, polar bears, are just a few of the sea creaures visitors have the ability to get up close and personal.
However the main attractions are the Killer Whales. This year, with the death of one of the trainers while in a take with one of the whales (one of the more veteran trainers too) showed us just how dangerous these animals can be. For some reason, I think this will make the attraction even more popular. After you enjoy the attraction, go pick up a Flytel Calling Card to make a cheap call back home so that you family and friends can feel some of the great vibes you are putting off.. What's a good share between good friends and family :-)
Wednesday, October 21, 2009 1:39:53 PM
All Markets were down yesterday.
Currently it's Wednesday morning. Futures weak this morning. Let's look at current market levels
DJIA
10,041.488S&P 500
1091.06Nasdaq
2163.46Russell 2000
613.40Again, we are at an inflection point. Wed. morning futures chart show market below it's 50 period moving average on a 60-min. chart. We are near major resistance, in a time of year notorious for violent swings. S&P 1050 is the area to keep an eye on, not there yet. Let's see what the next day or two holds.
Friday, September 18, 2009 4:59:01 AM
Gonna give it another try. Stay tuned for new post.
My last post was an attempt to predict a high.
Markets Do Not Go Up Forever!!!!
Wednesday, September 9, 2009 3:54:54 PM
Posting has been scarce lately because I have decided to take this blog in a slightly different direction. There are plenty of blogs out there to give you daily blow-by-blow accounts of the markets. Well I want to ignore the daily "noise" and highlight relevant changes, both technical and fundamental in nature. With that being said, let's look at what has occured over the last several days.
August 28th chart
This chart looks like a top!
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Tuesday, September 2, 2009 Market Results[/U]
DJIA
-29.92S&P 500
-3.23Nasdaq
-1.82Russell 2000
-2.23
Market action over the last several days has been very notable. Hence the following:
• Institutional Selling
• Heaviest volume in days preceding the sale off was primarily in highly speculative stocks (i.e. CitiGroup, AIG, etc). Are professionals really buying these?
• VIX up over 12%
With that being said.......THE HIGHS ARE PROBABLE IN!!!
Wednesday, September 9, 2009 3:53:04 PM
After Thursdays saleoff, we are now at the neckline of the Head and Shoulders formation.
MACD appears to be getting weaker also.
If support (neckline) fails to hold, we can have much farther to fall. The old adage "Sell in May, and go away", may hold for another year.
Thursday, August 6, 2009 12:26:20 PM
It has been several weeks from the last post, the chart pattern revealed a failed Head and Shoulders top, now we are seeing an extremely powerful rally which has takened place over the last several weeks, perhaps we are running out of steam here?
Wednesday, August 5, 2009 Market Results[/U]
DJIA
-39.22S&P 500
-2.93Nasdaq
-18.26Russell 2000
-4.75
We are currently at MAJOR resistance/fibonnaci levels, long positions should tread lightly.
Wednesday, July 15, 2009 2:48:20 AM
PnF, 'Point n Figure'
Yesterday's big move and todays higher high, might have negated the Head and Shoulders formation that was developed and being watched by everyone, even the mass media types.
Tuesday, July 14, 2009 Market Results[/U]
DJIA
+27.81S&P 500
+4.79Nasdaq
+6.52Russell 2000
+3.21
I dont think so, we were oversold so a bounce or sideways movement was expected. Close to resistance, look for the downtrend to resume.
Posted above is a Point and Figure chart which charts price action. Time is not being reflected. As you can see, we are approaching a resistance area.
Wednesday, July 8, 2009 11:55:11 AM
With today's close, we have confirmed the Head and Shoulders formation
Tuesday, July 7, 2009 Market Results[/U]
DJIA
-161.27S&P 500
-17.69Nasdaq
-41.23Russell 2000
-9.78
Each of the major indexes are now negatve for the year. We are on the 200 period moving average, a bounce of unknown duration here can be expected, however there is no reason to hold long term longs.
Sunday, July 5, 2009 8:11:40 PM
McNair, Nashville
McNair was found dead from multiple gunshot wounds.
Also found dead at the scene was an unidentinied "friend".
Nashville Police continue to investigate. Speculation is that case is a murder/suicide.
Tough week for celebrities, RIP Air McNair.
Wednesday, July 1, 2009 11:55:26 AM
Wimbledon, Tennis
The most interesting part of the tournament begin. Nice start to the Holiday weekend.
Mr. Hewitt is my guy.
My Opera
