Ten Things That Would Turn Rosie Bullish, And A Realistic Read On Today's GDP Data (ZH)

DZ - Depends

|70.114.236.xxx |2010-07-30 14:21:16

Hades may only have been exothermic during the great credit expansion and the grand supercycle wave III. All of which is over.

Freshman Theresa Manyan may have given in as well.

But considering the heat of fusion of Iron is 13.8 kJ/mole, things will change ever so slowly.

Looking at count: ii of 1 up of 5 up of 2. 1150 +- tops 2. 1 down was 1010. ???

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Mars - SP500 FRI

|173.197.24.xxx |2010-07-30 14:23:17

this could project up to approx. 1110.40

good news = the reversal likely begins next week.

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DZ - Murderer in charge of Crime Scene

|70.114.236.xxx |2010-07-31 09:12:55

Well done slideshow of the Gulf disaster.

http://articles.mercola.com/sites/articles/archive/2010/07/31/devastation-you-can-smell-the-oil-from -a-helicopter-and-birds-are-frying.aspx

Mercola is one of the Drs with some good natural health advice, although many consider him off the deep end and too commercial.

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TitanTrader - Any Wonder

|174.20.77.xxx |2010-07-31 09:49:33

http://www.zerohedge.com/article/its-not-market-its-hft-crop-circle-crime-scene-further-evidence-quo te-stuffing-manipulation-

Is it any wonder? I mean look at this. Depending which report you read computers are 70-80% of volume. Regardless, if like me, this market seems senseless, it should when computers not humans, money flow of economic indicators are ruling the market.

When signs that have guided you for 20 years don't seem to apply anymore it messes with your head. I need to face the fact that I'm no match for these computers. They are going to take this market where ever they want to. Macro or Micro be damned.

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DZ - Wave Count

|70.114.236.xxx |2010-07-31 17:07:08

After being beaten like a rented mule in July, I concluded Friday it must be in a wave 4. I have vowed never to try and trade 4's, but it's not always clear when one exists. And a corrective C ending diagonal is frustrating as well. I sent my count to Eckert yesterday and he's come up with a slightly different version that I think holds water. I will be re-applying the shorts in part before the employment numbers next Friday.

http://2.bp.blogspot.com/_mNgsiAj3Xko/TFQ1v5t4HTI/AAAAAAAADC4/Kjquj_360S8/s1600/spx-31.png

Slick Simmons is interviewed by Jim Puplava this week too.
http://www.financialsense.com/financial-sense-newshour

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DZ - Cycles

|70.114.227.xxx |2010-08-01 09:48:54

"the timing band for the next trading cycle low falls between August 13th and September 2nd. If this intermediate-term advance is going to prove to be a failure, then we should expect it to peak with either the current
trading cycle or certainly very early within the next trading cycle. At present we have a short term sell signal that should prove to be associated with the half-trading cycle top and not the trading cycle top.

At this time a move back above the April high is not expected, but we cannot completely rule out this possibility until we see what develops in
association with this intermediate-term advance. Should the April high be bettered, it would mean that the February low did not mark the seasonal
cycle low and that the April high did not markthe seasonal cycle top.

... ultimately the Phase II decline should carry price down below the 2009 low and into the next 4-year and Phase II low, which is not ideally due until 2012." TW

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