About pebblewriter

I left Wall Street in August 2001 (95th floor of World Trade 2...timing IS everything) and continue to trade for fun and profit. I hold undergrad degrees in Math and Econ, an MBA and am a CFA. Which is all to say -- I have no excuse for the miserable mistakes I often make. This blog serves as a means to keep myself honest and my thoughts organized. It should not be construed as advice regarding any particular strategy or security.

A Turning Point?

LAST NOTE (MAYBE): Couldn’t help noticing all the registration notices floating past on TOS Live News just now.  For some reason, insiders don’t seem all that bullish on their own stocks… Lots of talk about the McClellan Oscillator (MCO) today.  For anyone interested, here are the relevant points: Note that we’re in good shape in … continue reading →

Intra-day: August 16, 2011

 UPDATE:  3:30 PM SPX trying to come back, but completing another bearish Gartley pattern intra-day.  Should reverse by 1198.   UPDATE:  11:50 AM SPX completing a little Gartley, in the process of backtesting the rising wedge.  Next move should be down. UPDATE:  11:15 AM SPX, gold, DX all seem to be completing small degree corrective … continue reading →