Date: Mon May 3, 2004 7:54 am
Subject: MAY FLOWERS AND RATE INCREASES.
Market Commentary: The market, DJ-30, closed Down Friday.
SP-500, doen
COMPQX down QQQ down
************************* M.A.P. Overall Outlook. Long tern, still bull mkt. M.A.P. Intermediate pattern `down', since January 27th completed and now a retracement rally completed with a second sell-off underway. Short Tern: Down move
***************** Current Outlook:
Monday,: I see buy Flats suggesting an early up move attempt.
*************
Big Picture: DJ-30 has again broken the 50 sma and now has a 200sma target.
Currently the DJ-30 1000 sma. Remains in tact. The 50 sma is broken support for several indexes
Sector/Industry Spotlight:
US DOLLAR & GOLD, Hit the 200 sma target. A few days banging around here would be typical price behavior.
.
GOLD: Gold hit our $390.00 target bounced, and has broken it in the second test of the 200 sma. Gold stocks have improving price patterns for accumulation.
Bullish Indicator Stocks PGTV
BULL KICKERS TIER SONO MCK
SOAP and SOAP TEMPLATE ADAT
MA BREAKOUTS:
SNAP BACKS:
DOWN MOVERS
UNDER $1.OO
Technical Analysis training software, interactive, and the best I have seen anywhere. Three levels of experience training. Voice training, and progress testing. Available here at www.wallstreetteachers.com As always we offer our 100% money back guarantee.
NEXT SEMINAR AT SEA COMING IN NOVEMBER.
FT LAUDERDALE CLASS 22,23 MAY.
SORRY FOR ABREVIATED POST …STILL HAVING MEDICAL ISSUES.
Date: Tue May 4, 2004 8:00 am
Subject: GREENSPEAN SPEAKS OF RATE INCREASES
Market Commentary: The market, DJ-30, closed Up +88 points Monday as projected.
SP-500, up
COMPQX up QQQ up
************************* M.A.P. Overall Outlook. Long tern, still bull mkt. M.A.P. Intermediate pattern `down', since January 27th completed and now a retracement rally completed with a second sell-off underway. Short Tern: Down move
***************** Current Outlook: Tuesday,: I see sell flats suggesting an late down move attempt. Early moves should be up and then sideways while waiting for Greenspan's words.
*************
Big Picture: DJ-30 has again broken the 50 sma and now has a 200sma target.
Currently the DJ-30 1000 sma. Remains in tact. The 50 sma is broken support for several indexes Q's have found the 200 sma again and bounced.
Sector/Industry Spotlight: MG411, SETTING UP FOR A BUY SIGNAL.
US DOLLAR & GOLD, USD Hit the 200 sma target. A few days banging around here would be typical price behavior. USD is setting up for snap back up for breakout of 200 sma.
.
GOLD: Gold hit our $390.00 target bounced, and has broken it in the second test of the 200 sma. Gold stocks have improving price patterns for accumulation. Gold now advances $3.00+
Bullish Indicator Stocks PGTV CHK, Should hit highs CAPX WIRE AV
BULL KICKERS ADBE, Second day of snap back. KMG, second day
SOAP and SOAP TEMPLATE PKG
MA BREAKOUTS: OPSW, watch for pop in AM SSTI watch for pop in AM.
SNAP BACKS: DCX PETC AGY ACL DRRX WFMI WWW FLIR WITS ARRY
DOWN MOVERS
UNDER $1.OO
Technical Analysis training software, interactive, and the best I have seen anywhere. Three levels of experience training. Voice training, and progress testing. Available here at www.wallstreetteachers.com As always we offer our 100% money back guarantee.
NEXT SEMINAR AT SEA COMING IN NOVEMBER.
FT LAUDERDALE CLASS 22,23 MAY. SEATTLE CLASS, coming in June.
SORRY FOR ABREVIATED POST …STILL HAVING MEDICAL ISSUES.
Date: Wed May 5, 2004 9:08 am
Subject: SIGNALS FOR MARKETS TO MAKE NEW LOWS
Market Commentary: The market, DJ-30, closed Up just +3 points Tuesday post Greenspan remarks..
DJ-30 closed at 10,317
.
COMPQX up + 11 points at 1950 QQQ up +15 at 35.25
************************* M.A.P. Overall Outlook. Long tern, still bull mkt. Short Term: Down move
***************** Current Outlook: Wednesday's ' market signals suggest a down day as did the rallies of Tuesday's market. We have a classic "SNAP BACK DOWN" daily signal suggesting new market lows for the past 6 weeks.
The Dj-30 hourly ran into two major resistance levels in the late afternoon, the 200 and the 50 hourly sma. (this was also the daily
50 sma resistance !) The 10,385 is our first major resistance intra-day. The COMPQX hit the 200 sma 15 min and also failed Tuesday. Upside target for the DJ-30 is the 10,385 level. QQQ's bounced the 50 sma and the 200 sma on the 10 min. Q's major market turns still seem to revolve around the 30 and 60 min 50 and 200sma.
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4
Sector/Industry Spotlight:
Bullish Sectors Silver +9.2% Percent of Sectors Bullish +71% Bearish -29%
Bearish Sectors resorts and casinos –4.0%
US DOLLAR & GOLD, The USD having found resistance at the 200 sma with out any breakout will now go back to the 50 sma . This is especially true in light of the lack an any rate increase by the FED.
.
GOLD: Should head to $405.00 for next upside resistance. Friday's positive gold stocks forecast a good move up yesterday.
Bullish Indicator Stocks TBUS, bounce off the 50 sma. HRT, bull engulfing ALAN MAGS, SOAP, stock should go and retest 50 sma,
BULL KICKERS NGEN
* prior signal
MA BREAKOUTS: SNIC
SNAP BACKS: CENF PRM.
DOWN MOVERS RAE GIVN MBG
UNDER $1.OO
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. Seattle June, to be announced. Seminars at Sea Nov. to be announced.
Date: Thu May 6, 2004 8:14 am
Subject: MARKET SNAP BACK DOWN WARNINGS STILL IN EFFECT.
Market Commentary: The market, DJ-30, closed Down -6 points Wednesday.
.
DJ-30 closed at 10,310
.
COMPQX up + 6 points at 1957 QQQ up +28 at 35.53
************************* M.A.P. Overall Outlook. Long tern, still bull mkt. Short Term: Down move
***************** Current Outlook: Thursday's market signals suggest a down day as did the rallies of Tuesday's and Wednesday's markets. We continue to have a classic "SNAP BACK DOWN" daily signalS FOR ALL INDEXES, suggesting lower market prices testing the past 6 week lows.
The DJ-30 hourly ran into the major resistance levels in the late afternoon, the 50 hourly sma. The 10,378 is our first major resistance daily. The COMPQX 50 sma hourly resistance is 1973.
QQQ's hourly 50 sma resistance 35.79 first support is at 35.31. Q's major market turns still seem to revolve around the 30 and 60 min 50 sma and 200sma.
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4 targets would be prior lows and beyond.
Sector/Industry Spotlight: Large number of sectors signaling a "SNAP BACK" down .
Bullish Sectors Long Term care Facilities +4.6%
Percent of Sectors Bullish +69% Bearish -31%
Bearish Sectors Manufactured Housing –2.2%
US DOLLAR & GOLD, The USD having found resistance at the 200 sma with out any breakout will now go back to the 50 sma . This is especially true in light of the lack an any rate increase by the FED.
.
GOLD: Should head to $405.00 for next upside resistance. Friday's positive gold stocks forecast a good move up yesterday.
Bullish Indicator Stocks SSPI, coming back off the 50 sma. TMR, breaking out.
EAR, heading to the 50 sma, should go thru this time , TBUS, up 26% yesterday. HRT, bull engulfing up 30.5% yesterday.
BULL KICKERS GMST
* prior signal
MA BREAKOUTS: IPIX CDCY RADIF SVVS
SNAP BACKS: ARTC BIV CENF PRM.
DOWN MOVERS LGND OPLK PTN LSS UNDER $1.OO
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. Seattle, June, to be announced. Seminars at Sea: Nov. to be announced.
Date: Thu May 6, 2004 8:33 am
Subject: Cash Flow from Limited Partnership
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Date: Fri May 7, 2004 9:15 am
Subject: JOB NEWS FIGHTS DOWN TECHNICALS
Market Commentary: The market, DJ-30, closed Down -69 points Thursday.
.
DJ-30 closed at 10,341, and a new SNAP BACK DAILY LOW ( SINCE 3/26) OF 10,170.
.
COMPQX down -19 points at 1937 QQQ down -27 at 35.26
************************* M.A.P. Overall Outlook. Long tern, still bull mkt. Short Term: Down move
***************** Current Outlook: Friday's market signals suggest a choppy day with a negative bias as we fulfilled the new market low for the Dj-30 short term yesterday. We continue to have a classic "SNAP BACK DOWN" daily signal suggesting lower market lows testing the past 6 week lows for the COMPQX and QQQ.
The Dj-30 hourly ran into the major trendline support levels in the early hours to bounce back up in the late afternoon, the 50 10 sma. The 10,253 is our first major resistance on the upside on any rally. The COMPQX 10 min 200 sma resistance was the afternoon resistance.
QQQ's 10 min 200 sma resistance was the afternoon high stopping point. Q's major market turns still seem to revolve around the 30 and 60 min 50 sma and 200sma.
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4 targets would be prior lows and beyond selling into interest rate hikes.
Sector/Industry Spotlight: Large number of sectors signaling a "SNAP BACK" down .
Bullish Sectors Dairy Products +.9%
Percent of Sectors Bullish +7% Bearish -93%
Bearish Sectors Silver –6.0%
US DOLLAR & GOLD, The USD having found support within 15 ticks of the 50 sma and now gives signals of a bounce back to the 200 sma.
.
GOLD: Should head to $405.00 for next upside resistance. It should be basing for next move up.
Bullish Indicator Stocks SYNO JBSS GENE, watch for positive move .
BULL KICKERS MEM TUNE
* prior signal
MA BREAKOUTS: CTAS
SNAP BACKS: THOR ASMG AES K
DOWN MOVERS
UNDER $1.OO
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, DATE POSTED TO WWW.WALLSTREETTEACHERS.COM . Seminars at Sea: Nov. to be announced.
Date: Mon May 10, 2004 8:26 am
Subject: LAST WEEK'S "SNAP BACK " DOWN SIGNALS DRIVE MKTS TO NEW LOWS.
Market Commentary: The market, DJ-30, closed Down -123 points Friday.
.
DJ-30 closed at 10,117, and a new SNAP BACK DAILY LOW ( SINCE 3/26) OF 10,170.
COMPQX down -19 points at 1917 QQQ down -29 at 34.97
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Friday's market continued the "SNAP BACK" down move that was signaled Wednesday. Our new market lows projection has seen fullment. Monday will most likely see DJ-30 at 10,000 testing its 200 SMA for the first time since our Market top call in Jan.
The Dj-30 hourly ran into the major trendline support levels in the early hours to finally fail it in the last 2 hours.
QQQ's are the last to take out the prior lows (from snap back down signal) made on 4/30, most likely this morning..
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4. Targets would be prior lows and lower selling into interest rate hikes.
Sector/Industry Spotlight: Large number of sectors signaling a "SNAP BACK" down .
Bullish Sectors Semi-conductors +1.6%
Percent of Sectors Bullish +5% Bearish -95%
Bearish Sectors Silver –8.5%
US DOLLAR & GOLD, The USD having found support within 15 ticks of the 50 sma broke back up thru the 200sma Friday. I see nothing to impede its continued climb.
.
GOLD: Suffering the specter of rate increases and a rising dollar.. Two resistance levels are the 200 and above that the 50 sma.
Bullish Indicator Stocks BUD, back over the 50 sma.
BULL KICKERS TIVO, bouncing off the 500 SMA.
*TUNE (last week's pick up against the 500sma)
* prior signal
MA BREAKOUTS: SBSA MCEL
SNAP BACKS:
DOWN MOVERS
UNDER $1.OO
"LIVE" voice chat Tuesday at 4:30 PM EST, in the First Wave club.
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, DATE POSTED TO WWW.WALLSTREETTEACHERS.COM . Seminars at Sea: Nov. to be announced.
Date: Tue May 11, 2004 9:07 am
Subject: Bounce day for DJ-30, Found the 200 sma.
Market Commentary: The market, DJ-30, closed Down -127 points Monday.
.
DJ-30 closed at 9,990, and a new SNAP BACK DAILY LOW ( SINCE 3/26) OF 10,170.
COMPQX down -22 points at 1896 QQQ down -30 at 34.67
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Monday's market continued the "SNAP BACK" down move that was signaled Wednesday. Our new market lows projection has seen a move thru the 200 sma and back to close within 10 pts. (Our mid-day closing call on live chat) and a M.A.P. pattern. Tuesday will most likely see DJ-30 open to the upside with tests of the 200 sma on the down side for lows. Upside resistance 10,080, Extreme up move highs of 10,174 (do not expect that kind of move).
COMPQX found low supports at the 250 sma.
QQQ's Were the last to take out the prior lows (from snap back down signal) made on 4/30, most and closed with a DOJI. A gap up off the DOJI would suggest a move up today, but I do expect some if not most gaps to be filled this morning.
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4. Targets would be prior lows and lower selling into interest rate hikes. Dj-30 hit our first target of 200 sma and should bounce for a short time period.
Sector/Industry Spotlight: MG420, Suggesting a bounce up today with buy Flats.
Bullish Sectors Semi-conductors Broadline +.6%
Percent of Sectors Bullish +.05% Bearish -99%
Bearish Sectors Computer based Systems –12.1%
US DOLLAR & GOLD, The USD having found support within 15 ticks of the 50 sma broke back up thru the 200sma Friday. I see nothing to impede its continued climb. Tuesday suggests a limited up move and possible down close.
.
GOLD: Suffering the specter of rate increases and a rising dollar.. we see buy flats for Tuesday after Monday's Hammer candle.
Care wit hall longs, we are still in a down mode market.
Bullish Indicator Stocks SCMR, Put in base look for move back to the $4.10 levels. AU, signaling a up move in Gold RYAAY, relief in fuel prices to start some airlines up.. KLAC
BULL KICKERS
* prior signal
MA BREAKOUTS: MXIM, lows should test the 50 sma LTC, lows should test the 50 sma. MYK , bounce off the 50 sma ANF, same BABY
SNAP BACKS: ICPT UCI
DOWN MOVERS
UNDER $1.OO
"LIVE" voice chat Tuesday at 4:30 PM EST, in the First Wave club.
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, DATE POSTED TO WWW.WALLSTREETTEACHERS.COM . Seminars at Sea: Nov. to be announced.
Date: Wed May 12, 2004 9:24 am
Subject: Another Inside Monday's Range Day.
Market Commentary: The market, DJ-30, closed up 29 points Tuesday.
.
DJ-30 closed at 10,019 and a bounce off the 200 SMA.
COMPQX up +35 points at 1931 QQQ up +52 at 35.19
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Tuesday's market followed our projection from Monday. Wednesday will most likely see DJ-30 open to the downside with tests of intra-day time period sma's again as we saw Monday, with a first major low support at 9934.. Upside resistance 10,056, and 10,096. Extreme up move highs of 10,193 (do not expect that kind of move).
COMPQX resistance 1934, 1917 support.
QQQ's Closed on the hourly sma. First support 35.09, 34.95, then the gap from yesterday..
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4. Targets would be prior lows and lower selling into interest rate hikes. Dj-30 hit our first target of 200 sma and should bounce for a short time period. There should be a bullback retest if there is no volume in any rally. Tech indexes faired far better thant the DJ-30,-65,-20.
Sector/Industry Spotlight: MG420, Suggesting a bounce up today with buy Flats.
Bullish Sectors Internet Info Providers +6.0%
Percent of Sectors Bullish +92% Bearish -8%
Bearish Sectors Cigarettes –2.1%
US DOLLAR & GOLD, The USD having broken thru the 200 sma now will retrace back to retest it.
.
GOLD: Suffering the specter of rate increases and a rising dollar.. we see buy flats for Wednesday.
Care with all longs, we are still in a down trend market.
Bullish Indicator Stocks BIIB, back over the 50 sma.
*SCMR, Put in base look for move back to the $4.10 levels.
* KLAC INTC, looking strong, look for move back to the 50 sma for trade potentials.
BULL KICKERS SWIR
*EELN, yesterday morning INTRA-DAY call entry for Kicker. OPLK LOOK PWAV
* prior signal
MA BREAKOUTS / BOUNCES APOL MOGN BIIB DGX
SNAP BACKS: LIFC VTIV NXTP PPDI SYNA
DOWN MOVERS
UNDER $1.OO
"LIVE" voice chat Tuesday at 4:30 PM EST, in the First Wave club.
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, 19-20 INFO AT WWW.WALLSTREETTEACHERS.COM
Seminars at Sea: Nov. to be announced.
Date: Thu May 13, 2004 9:19 am
Subject: SP-500 MEETS THE 200SMA...SAVES MKT FROM COLLAPSE
Market Commentary: The market, DJ-30, closed up 25 points Wednesday.
.
DJ-30 closed at 10,045.
COMPQX –5 points at 1925 QQQ up +7 at 35.26
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Wednesday's market followed our projection though the Lows were on the extreme side.. Thursday will most likely see DJ-30 open to the downside with tests of intra-day time period sma's again as we saw Monday, Tuesday and Wednesday, with a first major low supports at 9964.. Upside resistance is at 10,144. Typical movement from yesterday's candlstick pattern is up, but we have sell signals for attleast the first half or the day, if not the whole day. SP-500 bounced off the 200 sma to turn the markets back up at 2PM from a large down move to a positive day. QQQ's First support 35.11, resistance 35.83
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4. Targets would be prior lows and lower selling into interest rate hikes. The SP-500 hit the 200 sma for the first time and gave the markets a boost with it's bounce.
Sector/Industry Spotlight: MG420, Suggesting a bounce yesterday, they should continue up to the
200 sma.
Bullish Sectors Cement +1.5%
Percent of Sectors Bullish +48% Bearish -52%
Bearish Sectors Auto dealerships –5.7%
US DOLLAR & GOLD, The USD having broken thru the 200 sma now will retrace back to retest it. Yesterday was down and we are pointing lower. GOLD: Suffering the specter of rate increases and a rising dollar.. we see continued accumulation at these levels.
Care with all longs, we are still in a down trend market.
Bullish Indicator Stocks
*BIIB, back over the 50 sma. SCMR, Put in base look for move back to the $4.10 levels.
* INTC, looking strong, look for move back to the 50 sma for trade potentials.
BULL KICKERS GRA DCGN
*PWAV
* prior signal
MA BREAKOUTS / BOUNCES SYNA
SNAP BACKS: NONE SHOW TODAY. YESTERDAY'S STILL LOOK GOOD.
DOWN MOVERS
UNDER $1.OO CVSN
"LIVE" voice chat Tuesday at 4:30 PM EST, in the First Wave club.
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, 19-20 INFO AT WWW.WALLSTREETTEACHERS.COM
Seminars at Sea: Nov. to be announced.
Date: Fri May 14, 2004 9:34 am
Subject: Pre-market up trend....
Market Commentary: The market, DJ-30, down up 35 points Thursday.
.
DJ-30 closed at 10,010.
COMPQX +.44 points at 1926 QQQ down -25 at 35.01
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Thursday's market followed our projections down. Friday's picture shows conflicting signals, a strong up or down move will straighten that out. I am looking for any mkt dips to support levels as long points.
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4. Targets would be prior lows and lower selling into interest rate hikes. The SP-500 hit the 200 sma for the first time and gave the markets a boost with it's bounce.
Sector/Industry Spotlight: MG420, Suggesting a bounce yesterday, they should continue up to the
200 sma.
Bullish Sectors Shipping +2.5%
Percent of Sectors Bullish +45% Bearish -55%
Bearish Sectors Jewelry Stores –2. 5%
US DOLLAR & GOLD, The USD having broken thru the 200 sma now will retrace back to retest it. Yesterday was down and we are pointing lower. GOLD: Suffering the specter of rate increases and a rising dollar.. we see continued accumulation at these levels.
Bullish Indicator Stocks SNDK
BULL KICKERS TMWD
*PWAV
* prior signal
MA BREAKOUTS / BOUNCES FHRX SYNA
SNAP BACKS: NXTP HILL
DOWN MOVERS FAST
UNDER $1.OO
"LIVE" voice chat Tuesday at 4:30 PM EST, in the First Wave club.
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, 19-20 INFO AT WWW.WALLSTREETTEACHERS.COM
Seminars at Sea: Nov. to be announced.
Date: Sun May 16, 2004 4:59 pm
Subject: Special MOBO Scan
The following PCF scan for the MOBO strategy was posted to our TCNET chat club by a member( Saroj).
The breakout of MOBO ( Momemtum Breakout) by price is a leading signal of a stocks real price movement and run.
Posted: 11/13/2003 8:22:23 AM by Saroj
The MOBO is a Bollinger Band with the settings 10bar average and .8 Standard Deviation; All of these formulas are based on the closing price of that bar; for other prices (Low, High, Open), substitute that letter for the "C" in each of these.
Value of the Lower Band (LBB) on the MOBO: AVGC10 - 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^ 0.5)
Value of the Upper Band (UBB) on the MOBO: AVGC10 + 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^ 0.5)
Price crossing UP through the MOBO LBB: (C1 < AVGC10 - 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^ 0.5)) AND (C > AVGC10 - 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^
0.5))
Price crossing UP through the MOBO UBB: (C1 < AVGC10 + 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^ 0.5)) AND (C > AVGC10 + 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^
0.5))
Price crossing DOWN through the MOBO LBB: (C1 > AVGC10 - 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^ 0.5)) AND (C < AVGC10 - 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^
0.5))
Price crossing DOWN through the MOBO UBB: (C1 > AVGC10 + 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^ 0.5)) AND (C < AVGC10 + 0.8 * ((((C9 - AVGC10) ^ 2 + (C8 - AVGC10) ^ 2 + (C7 - AVGC10) ^ 2 + (C6 - AVGC10) ^ 2 + (C5 - AVGC10) ^ 2 + (C4 - AVGC10) ^ 2 + (C3 - AVGC10) ^ 2 + (C2 - AVGC10) ^ 2 + (C1 - AVGC10) ^ 2 + (C - AVGC10) ^ 2) / 10) ^
0.5))
Price as a Percentage of the MOBO BB's - 100 -> Price is at the UBB;
0 -> Price is at the LBB; >100 Price is higher than the UBB; <0 (negative) -> Price is below the LBB ((C1 - (AVGC10.1 - 0.8 * ((((C10 - AVGC10.1) ^ 2 + (C9 - AVGC10.1) ^
2 + (C8 - AVGC10.1) ^ 2 + (C7 - AVGC10.1) ^ 2 + (C6 - AVGC10.1) ^ 2 + (C5 - AVGC10.1) ^ 2 + (C4 - AVGC10.1) ^ 2 + (C3 - AVGC10.1) ^ 2 + (C2 - AVGC10.1) ^ 2 + (C1 - AVGC10.1) ^ 2) / 10) ^ 0.5))) / ((AVGC10.1 + 0.8 * ((((C10 - AVGC10.1) ^ 2 + (C9 - AVGC10.1) ^ 2 + (C8 - AVGC10.1) ^ 2 + (C7 - AVGC10.1) ^ 2 + (C6 - AVGC10.1) ^ 2 + (C5 - AVGC10.1) ^ 2 + (C4 - AVGC10.1) ^ 2 + (C3 - AVGC10.1) ^ 2 + (C2 - AVGC10.1) ^ 2 + (C1 - AVGC10.1) ^ 2) / 10) ^ 0.5)) - (AVGC10.1 - 0.8 * ((((C10 - AVGC10.1) ^ 2 + (C9 - AVGC10.1) ^ 2 + (C8 - AVGC10.1) ^ 2 + (C7 - AVGC10.1) ^ 2 + (C6 - AVGC10.1) ^ 2 + (C5 - AVGC10.1) ^ 2 + (C4 - AVGC10.1) ^ 2 + (C3 - AVGC10.1) ^ 2 + (C2 - AVGC10.1) ^ 2 + (C1 - AVGC10.1) ^ 2) / 10) ^ 0.5)))) * 100
I like to use these as columns in a watchlist with other criteria such as volume surge, Stochs crossing, Vol as a percentage of the
30day MA; however you can also create scans specific to your experience.
All of the above formulas have been tested except for the price crossing down ones. They are basically a replica of the crossing up formulas with the comparison symbols reversed.
Feedback welcome.
Use at your own risk.
PS, The Ft Lauderdale Advanced Equity class is this next weekend , we have room for YOU!
Seattle is next Month!
Date: Mon May 17, 2004 8:48 am
Subject: Testing Weekly Lows.
Market Commentary: The market, DJ-30, up 2 points Friday.
.
DJ-30 closed at 10,013.
COMPQX -22.00 points at 1904 QQQ down -25 at 34.75
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Friday's market followed our projections, chop. Mondays picture shows, a strong down move on the open with a positive close. I am looking for any mkt dips to support levels as long points. the Dj-30 test of 9900 is again a possible low range this morning. COMPQX support is in at 1885 QQQ's look venerable to make new lows for the month. Tests on the
34.50 levels most probable. SP-500 test of 1080 possible
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4. Targets would be prior lows and lower selling into interest rate hikes. The SP-500 hit the 200 sma for the first time and gave the markets a boost with it's bounce a second test is possible today.
Sector/Industry Spotlight: MG771, Major Airlines, continued MOBO down to new lows.
Bullish Sectors Silver +2.1%
Percent of Sectors Bullish +40% Bearish +60%
Bearish Sectors Printed circuit boards –3. 8%
US DOLLAR & GOLD, The USD having broken thru the 200 sma now will retrace back to retest it. Friday was down and we are pointing lower. 90.78 major support.
GOLD: We see continued accumulation at these levels. Bull candle pattern and SOAP buy signal Friday. First target $394.00, then $401.00
Bullish Indicator Stocks IMOS, on a pullback to fill gap. Upside the 50 sma. BGO, bull engulfing. MUSEE. MOBO breakout, look for dip. SEM.
BULL KICKERS SSPX, SOAP PGH, PWI
* prior signal
MA BREAKOUTS / BOUNCES CHIC, NFLX, Ice hole test. MXIM, test of 50 sma for bounce.
SNAP BACKS: FARO MICC, down
DOWN MOVERS FAST
UNDER $1.OO
"LIVE" voice chat Tuesday at 4:30 PM EST, in the First Wave club.
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, 19-20 INFO AT WWW.WALLSTREETTEACHERS.COM
Seminars at Sea: Nov. to be announced.
Date: Tue May 18, 2004 9:26 am
Subject: INTERNATIONAL PICTURE BRIGHTENS.
Market Commentary: The market, DJ-30, closed down -105 points Monday.
.
DJ-30 closed at 9906. SP-500 –11 at 1084 COMPQX -27.00 points at 1876 QQQ down -33 at 34.42
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Monday's market followed our projection Lows, but not the close. Tuesdays picture shows, lows in the morning with a positive close. I am looking for any mkt dips to support levels as long points. The Dj-30 9863 lows are important for a close, and support again
9881. COMPQX support is in at 1865 NYSE , BOUNCED OFF THE 500 SMA Monday. QQQ's need to hold the 34.11, or close back over it if penetrated. SP-500 test of 1080 possible, was yesterday's low and support today.
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4. Targets would be prior lows and lower selling into interest rate hikes. The SP-500 hit the 200 sma for the second time and gave the markets a boost with it's bounce a third test is possible today.
Sector/Industry Spotlight: MG513, Drugs, generic, continued MOBO up to new 20 sma.
Bullish Sectors Office supplies +5.5%
Percent of Sectors Bullish +5 % Bearish -95%
Bearish Sectors Processing systems –4.1%
US DOLLAR & GOLD, sideways to up day.
GOLD: Down day projected.
Bullish Indicator Stocks CRGN, Bull Engulfing, SOAP DECK
BULL KICKERS ALS
* prior signal
MA BREAKOUTS / BOUNCES DPTR MGLN GPRO EPEX GILD KROL
SNAP BACKS: MVSN
VRSN, UP FARO, UP CREE, UP
DOWN MOVERS FAST
UNDER $1.OO
"LIVE" voice chat Tuesday at 4:30 PM EST, in the First Wave club.
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, 19-20 INFO AT WWW.WALLSTREETTEACHERS.COM
Seminars at Sea: Nov. to be announced.
Date: Wed May 19, 2004 9:16 am
Subject: ANOTHER UP DAY
Market Commentary: The market, DJ-30, up +61 points Tuesday.
.
DJ-30 closed at 9968. SP-500 – +7 at 1091 COMPQX +21.18 points at 1897 QQQ down + 31 at 34..73
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Tuesday's market followed our projections opening up and closing up. Wednesday's picture shows, more of the same with a positive close.
I am looking for any mkt dips to support levels as long re-entry points. DJ-30 10,213 is upper resistance
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4.
US DOLLAR & GOLD, Up day.
GOLD: Down day projected.
Stocks in play WIND NLS, LTON IMX CRAY ASTSF AFCI
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, 19-20 INFO AT WWW.WALLSTREETTEACHERS.COM
Seminars at Sea: Nov. to be announced.
Date: Thu May 20, 2004 9:14 am
Subject: MORE STOCKS LOOKING ATTRACTIVE.
Market Commentary: The market, DJ-30, down -30 points Wednesday.
.
DJ-30 closed at 9937. SP-500 – 2 at 1088 COMPQX +.35 points at 1897 QQQ down -4 at 34..69
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: Down move
***************** Current Outlook: Wednesday's market followed our projections opening up, but ran up over the daily 200 sma which sent it back down in the last hour of trading. Thursday's picture shows, options expiration chop with a negative tone for the close. Yesterday we took profits on stock with large gains in the first 2 hours in anticipation of the 200sma daily retest. This turned out to be a wise decision.
Again I am looking for any market dips to major sma support levels as long re-entry points. DJ-30 10,213 is upper resistance
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4.
US DOLLAR & GOLD, Also in chop and testing the 200 sma.
GOLD: Down day projected after a good up day yesterday.
Stocks in play CMTL DANKY ITIG XEDA SNG DIGI NTGR TLAB PTEK TGAL XLNX CMTL WWCA CMOS HPQ ISIL NPTT
SORRY FOR THE ABREVIATED POST , BUT I AM STILL HAVING SEVIER BCK PROBLEMS
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Ft Lauderdale May 22, 23. INFO AT WWW.WALLSTREETTEACHERS.COM Seattle, June, 19-20 INFO AT WWW.WALLSTREETTEACHERS.COM
Seminars at Sea: Nov. to be announced.
Date: Fri May 21, 2004 8:18 am
Subject: Options Expiration Day.
The markets closed slightly down Thursday as projected.
I will not put in a projection for today market to to option expiration day, though we should have a positive opening.
IBM continues to perform as a 'special' situation. WIND still looks good for the week. LTON is also looking good. VIRL , wit h targets higher. SACT, if it can climb and hold the 50 sma.
I will not be online "live' with TCNET today as I am traveling to Ft. Lauderdale for our weekend class. Class details are at www.wallstreetteachers.com. space is still avaliable.
Date: Mon May 24, 2004 8:52 am
Subject: POSITIVE WEEK OUTLOOK
Market Commentary: The market, DJ-30, closed up 29 points Friday.
.
DJ-30 closed at 9966. SP-500 +4 at 1093 COMPQX +15 points at 1912 QQQ up +17 at 35.02
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: consolidation
*****************
Current Outlook: Monday's market should open to the plus side with upside targets for the major indexes the 50 sma. Weekly studies show a higher close for the week. DJ-30 resistance 10,041 COMPQX resistance is in at 1935 QQQ's high resistance 35.26. SP-500 1105 resistance.
*************
Big Picture: DJ-30, and other major market indexes completed an intermediate MAP sell March 24. They are now in another M.A.P intermediate sell mode since the high bounce of April 4. Targets would be prior lows and lower selling into interest rate hikes. The SP-500 hit the 200 sma for the second time and gave the markets a boost with it's bounce. current studies suggest a positive week for the markets.
Sector/Industry Spotlight: MG513, Drugs, generic, suggest a snap back up to new highs for that group.
Bullish Sectors Copper +5.4%
Percent of Sectors Bullish +50 % Bearish -50%
Bearish Sectors building products –12.7%
US DOLLAR & GOLD, sideways to up day.
GOLD: breaking out to upside …..target $400.00
Bullish Indicator Stocks BRCM ANSI QCOM NTPP DBD IDNX PEGS MXT
BULL KICKERS ADCT CNXT MRVL SPIL LEXG
* prior signal
SNAP BACKS: GCO,, up SONSE, up ALGN, up IMAX, up MNY, up ANF, up SFD, up ROV, up
DOWN MOVERS VSGN HEB CENT MEE
"LIVE" voice chat Tuesday at 5:30 PM EST, in the First Wave club. NOTE TIME CHANGE.
M.A.P. points out market direction .
Two MAP's posted to Yahoo. Two of the major M.A.P patterns are now posted to the Files in the Yahoo Club. (locate by date of post, 3/4/04)
Coming seminar Classes Seattle, June, 19-20 INFO AT WWW.WALLSTREETTEACHERS.COM
Seminars at Sea: Nov. to be announced.
Date: Tue May 25, 2004 9:05 am
Subject: Down Day Signaled
Market Commentary: The market, DJ-30, closed down 8 points Monday
.
DJ-30 closed at 9958. SP-500 +1.85 at 1095 COMPQX +11 points at 1922 QQQ up +24 at 35.26
************************* M.A.P. Overall Outlook. Long term, still bull mkt. Short Term: consolidation
*****************
Current Outlook: Monday's market saw all the indexes up except the Dj-30. And 90% of our stock picks to the upside. Tuesday's signals show a preponderance of sell signals suggesting a down day.
DJ-30 support at 9916, 9900, 9859. COMPQX support is in at 1913, and 1906 QQQ's support 35.00, 34.89 SP-500 1094, and 1090..
