Your Thoughts, Please

Now that our daily volume is up to 1,500 or so page views, it occurs to me this is getting a lot bigger than I originally expected.

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While we’re at it, leave a comment below and let me know what you’d like to see discussed.   I’m all over the map at times, jumping from SPX technical analysis to economic discussions and back again.  I try to write about things that interest me, but let me know what interests you.

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The Foundation helps Guards and Reservists returning from service abroad transition back into civilian life — primarily providing such things as wheelchairs, ramps, prosthetics, etc.  So, if you see an advertiser that interests you,  click away.  It’s for a good cause.


Your Thoughts, Please — 6 Comments

  1. Hey JP, anything you can share on TD and/or pitchforks, I'll gladly take a look. Always on the lookout for more/better/faster.

    Yes, I thought last week we'd see the market crack. I think all the suspense around the debt ceiling is acting like OPEX, making deers in headlights of all of us.

    I know conventional wisdom is we'll get a relief rally if/when the deal is announced. But, maybe the market has something else in store. Maybe there are enough savvy investors who recognize that getting a new credit card that we can use to make payments on all the other maxed-out credit cards isn't necessarily a good thing. I'm kind of glad NDX made a new post-recovery high. It's a great reminder of "tis but a flesh wound" euphoria that marked the last two tops.

  2. Thanks for the ideas, AR. Gotta tell you, I am not a bond guy. And, I don't know how well the chart patterns, harmonics, etc work with bonds. I watch currencies, really because of the stock correlations. But, I'm undecided about the future of interest rates. I've read defensible theories with very disparate forecasts, so have pretty much decided not to say much about it until I have a more well-defined opinion.

  3. Hi Josh, nice to meet you. Thanks for the suggestions. I'm not familiar with TD; is there a website you could share? I've seen some pitchfork stuff, and frankly, haven't taken the time to learn it. Have you had good luck with it?

    Glad to hear your bro's made it back okay. It's a tough job, more than most of those guys signed up for w/ mult tours and all. Wish they got more help from VA, etc. but I think it's going to get worse before it gets better.

  4. Hey Pebble! What did I tell ya? The other day I said that the type of morons who we 'do not' want to see here would not find your blog but that the sharper guys would. Lo and behold… who shows up? None other than Yikes12… one of the best. Good to see you here Josh Yikes.

    Re: your questions Pebble… I'd say that I too tend to be kind of all over the place, analyzing so darned much stuff that I almost overwhelm myself some days. I'd say that since the S&P; is more or less treated as a pretty good proxy for everything that happens in the world of stockdom, or at least as a benchmark, that we probably should never leave that topic unattended.

    The only other topic I personally would like to see discussed a bit more is the bond markets. This is not a request… I only say that because you asked. On the topic of bond markets though, it's almost as though when we're talking about the 6 month vs. the 10 year, we're almost talking about two different animals altogether. Perhaps we should pick one issue and focus on it? 5 yr. perhaps? Maybe the 2 year? I do believe that the shorter issues will be the more important ones to keep our eyes on going forward.

    I don't really have a preference what you write about though, I've enjoyed it all, even if it's just hearing your thoughts in text form rather than chart form. It's all good. Continued success.

  5. Hi Pebblewriter, I'm Josh (Yikes12 from Disqus). I check your site a few times a day since I picked up that the market was following your calls over at Daneric's site.

    I read all sorts of stuff from all sorts of sources, and the only things I'd suggest you add to your repertoire if and when you have time is a bit of TD (Tom DeMark) analysis and some of the stuff like Andrews Pitchforks that gi61et (dead site, linked at Daneric's) was posting last summer. Not a demand or even a request. Just a suggestion of a few other things that you might find useful for your arsenal.

    Thanks for the suggested donations too. My brother is an officer with the Illinois National Guard, and my brother in law is an officer with the Massachusetts National Guard. Each has spent time in the sandbox and come back intact, but wounded vets are among those in our society who I worry about most