Thursday, March 11, 2010

VXX

A quiet day on the surface, but internally, this blip up Buy on the 240 minute VXX is suggesting a possible top is in place on the market.

Note that last similar Buy on the 240 VXX was short-lived.


VXX 240 minute

15 comments:

Scott said...

Did you see the market manipulation at the close today? The SPX closed at the highest level of the day at 1150.24. That is 0.01 points above the January 19, 2010 high. How in the world can the market be in the red most of the day and rally to close 0.01 points above the highest level in 18 months. MANIPULATION!!!! But since I am following Allan's models I am profiting from it!

Anonymous said...

the Fed can short the VIX to make it appear safe in shark infested waters.

Reza said...

Allen,

When you have another sale to the subscriber site, let me know. I am already tied up with another contract.

Anonymous said...

the manipulation is why i got out of my shorts in january after fighting the tape for months

the game is being controlled by the computers no question

that is why you need to look for story stocks (like nnvc i hope) where there is less chance for manipulation

Anonymous said...

the manipulation is why i got out of my shorts in january after fighting the tape for months

the game is being controlled by the computers no question

that is why you need to look for story stocks (like nnvc i hope) where there is less chance for manipulation

Anonymous said...

meditation for a first--bank failure on Thursday instead of Friday--Liberty Pointe Bank, NY

quia non est nobis conluctatio adversus carnem et sanguinem sed adversus principes et potestates adversus mundi rectores tenebrarum harum contra spiritalia nequitiae in caelestibus ~translation: Denninger exposes Bernanke & Geithner


ps. Allanites might wanna employ a standard W.C. Fields tactic of "pint in jacket" in addition while bar hopping (viz., trade timing). I.e., never no when ya need it: keeping-on some kind of index hedge and/or physical possession of bullion ... because it is likely that this next Lehman moment comes without technical signals. ... one thing markets and The Operators do is acclimate the sheep to baseline normal so as to later violate it and therewith slaughter the sheep.

Baseline normal has been a long while now:

a). bank announcements always Friday
b). Mondays always rally SMkt

"a" is now, today, false
"b" is Ides of March following change in "a"

Dave said...

Allan:

Re: NNVC
I know companies have employment agreements but is yesterday's information a sign that things are about to really start moving....even more so than they already have? I'm holding and not trading.

Anonymous said...

imo it is

it seems like the table is being set here but i would like to get allan's take

Allan said...

As I have said all along, NNVC is the real deal. Its a real company with a real future and now is building a real paid staff to carry it forward into its real destiny.

They are not going to sell their souls to big pharma for pennies just to get some deal done to please impatient shareholders.

Everything here (SEC 8K/A) is consistent with my 2014 forecast.

Anonymous said...

Elvis Presley - Memories

"Tell me where is fancy bred;
O' in the heart,
O' in the head?"
~ Wm. Shakespeare

trading using this system has become so easy. Now at leisure, all am really interested in is the progress of Allan's unrequited love.

Anonymous said...

Tony Caldaro (elliot wave guru) has changed his bearish count and now says we are in a bull market. IMO Tony is one of the better elliot guys. Still though it seems hard to believe we could be in a bull market.

Anonymous said...

T-bills the yield is looking a little rich now--overbot. We've seen this picture before.

TLT TLT is in a pennant formation--undecided about this bull market talk in equities.

NYSE A-D line .... NYSE McClellan Oscillator and Summation Index .... AMEX A-D line

bullish% indices are high.

a rally in DJIA from here (even if caused by manipulation) translates into "all is well now". Therefore gold would have to plummet; if gold plummets then there is no inflation; but if there is no inflation, then all is not well. If both gold and DJIA rally here, then hyperinflation is inchoate--baked in the cake.

this coming week: Ozzy Osbourne - Crazy Train

Anonymous said...

is it possible? Wilshire 5000

http://danericselliottwaves.blogspot.com/

Anonymous said...

market/economic indications to contemplate:

Significant divergence between NatGas and other industrial & agriculture. Is it just supply overhang, or is something else being indicated; note that Iron is the sixth most abundant element in the Universe, and is the most abundant element on Earth, though the fourth most abundant element in the Earth's crust.


NATGAS vs. DJIA

Uses of Natural Gas: Power generation; Domestic use; Transportation; ; Aviation; Hydrogen;
o Fertilizer [is a major feedstock for the production of ammonia, for use in fertilizer production]
o Natural gas is also used in the manufacture of fabrics, glass, steel, plastics, paint, and other products.


NATGAS vs. fertilizer cos


NATGAS vs. steel & iron ore (the action of BHP is most alarming vs. natural gas)

uber bullish iron ore article

Herb Alpert & Tijuana Brass

Anonymous said...

Allan, any thoughts on what the market will do if health care bill is passed/not passed?
Thanks