scottvanv on February 28th, 2013

So…here’s a couple close ups of today’s action.  I promise, I have not moved any of the lines I have shown you previously, including The Big Red Line from yesterday’s post.  The first is a half hour chart, and zooming in even further a one minute chart.  I’ll just let the pictures speak for themselves. […]

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scottvanv on February 27th, 2013

Intermediate term, I have no idea what the market is going to actually do (not with anywhere near the certainty that I called the rally the day after a 200 point drop).  The intermediate term picture is just too complex.  But I do know this:  we’re nearing the end of the converging channels that I […]

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scottvanv on February 25th, 2013

Odds are good for a rally tomorrow.  We broke the lower ~3 week trend line on the included 2 hour chart, which normally might mean that the market is going to drop to the next trend line.  But, the pattern for the last two weeks has been setting up as a long “expanding flat” which […]

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scottvanv on February 7th, 2013

This small market pull back has not been fun.  I was up quite nicely…the problem with leading growth stocks is that they are highly volatile, and they do truly lead the market.  So even with my pretty graphs, this is not easy.  Most of my positions have sold off at the tight stops.  My first […]

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scottvanv on February 7th, 2013

Take a look at the below weekly chart of the Dow.  Take a close look at the most recent four line channels, the first pair beginning in early 2009, the second pair beginning in mid/early 2010.  I drew these lines about 3 months ago (each channel is truly parallel).  Now take a look at what […]

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