The truth be known, I come from a very hard working family. My first job was very menial, but I was making money at 12 years of age, picking blueberries for 13 cents a pound. I then discovered the VSE in high school. Getting MS, to me meant my dignity being taken away, as I have always been a very hard worker. At one point I was working three jobs. This website originally started off on Geocities as I thought the Web would be a great way to offer a market timing service at a very low cost. Then my buddy suggested I get more domain names as they were going for very good prices, as I thought they could also make some good money. Now they may just be developed down the road when money is available to do so. This looks to be all that will be done with Zmusic.net for now. It is really does have extra code for music related searches. We should know in 6 months if it will do good. We also do have a space related site: http://www.cosmicports.com/ , but we only plan to develop that in house rather than doing it the oceansfree.com way that we did. Could be a long time still. lol. Oh, the market! Sorry all I can say here is we may be testing the 50 day. All the systems I mentioned yesterday are flat except the NYA one stayed long, and the NDX one is still short. That one has tough criteria to go long, so please do not read a lot in to it, If weekly MACD can close this market above the most of the 50 days, it may be suggesting it wants to put the monthly MACD on a buy at the end of this month. Initially, I think that may be a great short trade as a lot of funds may buy the crossover. There is no clear signal from here unless you have faith in the weekly MACD cross. If the 50 day does not hold today, we may be setup to test the lows. The Gann chart below may come in to play, but this market seems directionless at the moment, if we do not get a upside surprise soon.


Words of wisdom. Love just happens, you can not make it happen.

April 9, 2008
12 17
Tough call here when the main divergance is only on the 15 min chart. We may get a break either way tomorrow, as hourly OBV looks to be near  the March 31st low. Might be a good place for hourly MACD to turn from here. They usally set that up on the open.

11 00 AM
Well my original target gap may have been filled, if the 30 min chart is any indication. Will be interesting to note if the two systems will stay short tomorrow as hourly OBV, may be trying to reach for a new low here. I still think there may be a surprise to the upside as I have one NYA system that I do not post that is long. VIX, and the Dollar are not disappointing so far. My RSI call was off though.

7 40 AM
Good shot at a rally from here with some RSI diverged intraday.

I am truly honored with the class of our viewers with divested left hands. I am not married, but I am involved with someone. If you go to the USA, I highly recommend New Mexico. They have the coolest accents, although I discovered hash browns with onions in Florida, best breakfast I have ever had! The USA does have a lot to offer. The market right now does not want to tell us what it may offer. I suspect the Russell may head above 730 before we get any serious correction from here. I have two systems that close out shorts if the Dow falls 133 points, and one if we get a 13 point drop in the Russell. The NDX one is still short. We have a lot more Heartbeats happening then Cramer has stock picks. The US dollar may be breaking out, as well as some of the other indexes. My friend did test it on stocks, but I have not had the chance to go though his results. He did not think they were that great, but I still would like to look when I get some free time. I wish I had my health, there may be a small chance I may only have Lyme, and not MS as I used to golf an awful lot. I still need to get a doctor to okay the test though. They have to send it to the USA to get the results. I hope to get that done this year. PSI is at zero, and we have VIX maybe wanting to head higher. Do we get my target filled still, and blast off? The market could just rally from here, as I do not think we will be bored though in the coming weeks with that the VIX, and the US dollar may be indicating.


April 8, 2008
12 45
Hourly OBV, is showing some postive signs from here, so we have to give the benefit of the doubt to the upside for now, but I think any bad news we will get a good selloff.

11 30 AM
Back to the morning lows, look at hourly OBV. Not a good sign, but daily RSI is near 50, and 10 min OBV is not making new lows. 

7 AM
Already oversold on the hourly RSI, five days of sideways action , and the market has not broken down yet. The weekly MACD buy may be taking over, the surprise may be to the upside from here if MAJ is going to tag the upper band.

The grass is not alway greener on the other side. I learned that lesson already. They are really fighting to keep this market propped up, trying to rally it from a very overbought state. The US dollar should be key from here. If it breaks out from here, it may make any correction we may get mild. We support Kiva, a great way to empower someone just by using a credit card. Help make a difference in someone's life.

April 7, 2008
11 35 AM
There is still a good chance that gap maybe be filled before we head higher, hourly OBV has finally moved up to the highs. 15 min RSI may give us a bounce here, but the daily may be suggesting we head down still.

Nah, I am just a grizzly bear who no longer travels due to my MS. How I miss traveling. We sure did a lot of cruises. I miss having a normal life, anyways enough about me. Monday is a Bradley day, this makes it even more interesting than a hairy chest competition on a cruise ship, and loosing! Yes, I have a bad cold, and I probably do not sound normal, as I do not think most people who are in this business. It would take a lot of energy to do a show like Cramer has. You will never make everybody happy! Are we going to get a crazy selloff that should be bought around my 625 target, or do we tank? The Bradley date sure makes it interesting, just like very intelligent girls make life great! Now if I could figure out how to copy over my Thunderbird profile on Win2000 over to Vista, as every way that I have tried has failed. Have a look at MAJ. Will it make it?


April 4, 2008
11:00 AM
One more comment. It will be hard to believe if we do not get a selloff today, or Monday. Hourly RSI is very diverged, and OBV has not broken out.

8:15 AM
Ideally we would like to see the 625 gap filled on the15 min, but we may have a flat on the hourly which is usually bullish. This market may want to head higher from here based on the weekly MACD, so buying the close may not be a bad idea. In any case that will be it for today. Have a great weekend!

Some daily RSI looks diverged now or are peaking. Even if the news is good, I think traders may get a good selloff, if we rally. The market may just selloff all day, if the news is bad. The market was not able to get up to the Gann line on the first Gann chart I posted. The other one I post got the play, and it may be a good indication of what the market has to go though to rally.


April 3, 2008
Close
If bears are lucky we will get to fill the gap just under 625 on the 15 min chart.

11 AM
Sorry I had a brain freeze, hourly RSI may finish near the lower range at the close. It could still break either way though on the open.

10 10 AM
Might be it for the move up today. It could break either way tomorrow morning, so think about it if you are going to hold overnight. Hourly RSI does not have a good setup for a bullish report. (edit added)

Best case may have the dollar trying to bottom here. We may be setting up for quite the breakout, if we get daily MACD to be setting up for a breakout to the upside on a possible break though the zero line. Combine that with a weekly MACD buy next week, and the ingredients are there in the recipe. We should get some pullback from the Gann line below first though.

  
April 2, 2008
12 30
Looks like the market wants to go up, and tag 644. The daily MACD is on a buy. RIMM earnings will be out after the close. That may be the only chance to push the hourly MACD on a sell if we are to get a strong pullback from here.

The MomometumCyles section is updated.

It happens when you have a bearish bias, because of what is happening, but I did warn the first had the potentional to be a big up day, as I noted it was April Fools day, as I think I may have an idea of the Fed's sense of humor. Where to from here? I still think this is a bear market rally. I think we need to close above 644 on the OEX to change my mind. So far the rally has been led by big cap stocks, but we did have 5 to 1 advances over declines. Bears want to see VIX turn up from here almost right away, we may have to wait for RSI divergence to get a selloff. We closed right at a Gann line, and OBV has not yet broken out. So far we are at the upper end of a trading range, climing the wall worry waiting for the next problem to show itself. There may still be more good news that they may throw at the market. Not easy for market timers right now or the Fed, we could turn any time. I have added upper Gann lines if we are breaking out. The Russell was only up equivolent to about 200 Dow points so far, but it could play catch up. One note, the Heartbeat indicator has been acting as it should, and it has no bias. Right now I wish I had never heard of a Saturn price line. :)


April 1, 2008
11:30 AM

It looks to me that the Dow is setting up to break the 11500 level. That is where the current 50 month moving average sits. Previous tests have resulted in a bounce that then produced a significant selloff. If we are to get something similar, we may not have the market bottoming until the Saturn price line turns up, so all we may be able to do is sell rallies when they give them to us.

9:10 AM
I think the best the market may be able to do is get to 22 on the VIX, if we rallly further from here.

6:40 AM
OBV does not look to be confirming this move up, should be a good short up here.

Should be an interesting April fools day. Intraday RSI was mixed at the close. VIX is suggesting we may be topping here as I noted during the day. The OEX is still in the channel below. If we rally on the open today, and the rally fails we may be testing the recent lows soon. Adlinex is right at the zero line.


March 31, 2008
11:15
The other side of the coin is we may be setting up for more selling this week if VIX is any indication.

10 30 AM
We now look to be peaking on RSI already, maybe worth a short here as we have not broken above the channel yet. We may be setting up for that tomorrow though.

8 AM
The market may be on hold until the first of the month. Let' see if we get a rally, but I think playing the long side may still be risky. I suspect if we get a pop it will be tomorrow.

I found this link on a Stock Message board. Treasury. I think that was a small left turn how they have handled Bear Sterns, but it may have been in everyones best interests. If we can get above 640 on the OEX, we may have a different game for the rest of the year, and I might be able to take off my Crash Chart link. April fools day is on Tuesday, there may be something else up their sleeve.


March 28, 2008
11:15 AM
I have no suggestions here as we could get a move up based on the weekly chart, we should see if that happens next week. Have a great weekend!

The weekly indicator I have talked about is almost at zero now. Weekly RSI is also close to where we have seen market turns. Are we setting up for what some Elliott traders may call a wave 3 advance, or a  b wave? I do not know, but the potential is there, I say it may be safer if the gap on the 15 min chart gets filled first. I may just look for another short trade on Friday before maybe trying the long side. Traders should be mindful that it may be a W bottom being put in the weekly, even though it looks sloppy at this point. I would be more comfortable if we got 300 more Dow points on the downside next week. PSI is right on the zero line, bears need to be careful. If we selloff first think in the morning it may be worth buying as some RSI looks oversold.


March 27, 2008
Close
Some RSI are oversold now, we may get a pop up on Friday to short again? The gap may still need to be be filled on the 15 min SPX.

9 15 AM
Options expire this week, if we are going to start to drop it may not happen until Friday.

Not much to add to my comments during the day, I did forget to mention yesterday, the volatility indicator gave a signal. We are poised to get a big move here. Here is my Dow target chart if the move is down.


March 26, 2008
12 15 AM
They do not want to let the market drop, I suspect the gap may be filled just above 1300 on the15 min chart, FIRST (<edit added), if the market is setting up for a breakout to the upside soon, as the weekly chart I posted maybe suggesting. Does not mean it has to happen, best case for the bears is this selloff will last in to early next week.

6:50 AM
The MomometumCyles section is updated.
I think this selloff may last longer than a day or at least 500 points. If the trading systems are right.

Here we go again? I am looking at one oversold indicator on the weekly chart, it may be suggesting we may get a move up very soon. Sorry there is no gap on the weekly, it was just my eyes not seeing the cycle line. We have a good short entry so far, and we may make some kind of spike low this week, as some weekly RSI indicators still need to get above 50, but that last indicator I think is telling shorts to beware here, as we could get a good bounce next month. I do not have the courage to recommend going long. The prudent thing to do may be to see if we get a rally to short again, but I would look to exit shorts in the coming few days if we start to get some kind of move down. Here is a link to trader, airedale88, Bob Chonski, who looks to have had a rosy forecast before he left a lot of sad traders. I unfortunately did not know him, but it looks like he loved trading. May he trade in peace, and may the market honor him.

March 25, 2008
8 AM
RSI is already oversold on the hourly, Wednesday may be a high rather than low. There will probably be no further updates today.

It was a good short entry yesterday, but we may not yet be finished on the upside. We could still make it to 644 first, but I think we will have to break through resistance on the Gann chart below. The bulls may also have the oddlot short sales in their favour as well as the Fed for now, we do have a Bradley turn date on the 26th if we do get a selloff from here. Edit 10 45 pm, the best possible outcome I think could be the big gap on the weekly so bears may want to tread lightly for now.

March 24, 2008
10 30
Further thoughts, reasoning for why being short is a good idea. We are at the upper end of a trading range that I think is developing. I do not think any real bottom was put in, I think there may be only about 5 OEX points or so of risk on the upside from here.

10 AM
Has to be a great short here, Williams, and MACD look to be maxed out to now on the hourly.

8:45 AM
Might be a good spot to go short here, but you are fighting the Fed, we do have some RSI divergence though.

What a big mess we have created, I think people are only starting to think about what the government has done. They have bailed out a firm that may have gone bankrupt due to the way they were conducting business, only because it may have been less damaging to the financial markets. I am not sure if it was the right call, as in the long term it may just prolong this bear market by not letting the market establish a true value. On to the OEX, so far if you are to believe the pitch fork chart that I have been posting, the downtrend looks to be intact if we stay in this channel. None of the indicators on the chart look to be primed for lift off from here. This week may show us which way we are headed. The NDX system is also back on a sell.  One system will exit if the DOW falls 394 points if the signal does not change. I do not want to get people too bearish as it is possible we are setting up for a break out to the upside. Watch VIX as 644 could be the next stop if we get a tag from the lower Gann line first at  616, and it holds around there.

March 17, 2008
Midnight
I am sorry traders, but I think it would be best if I did not do any further updates until after Easter. This is very serious matter with Bear Sterns, and I think it will be best if we wait to see the repercussions of Bear Sterns being bought for two dollars. There is no joy in this kind of trading. Yes, I have conscious. I am just going to update charts on the main page until next week, the market will be oversold on any plunge. Have a good Easter.
 
There may be some type of bottom being put in this week, but I am not sure if we will get any real rally from here if CBOE put volume is suggesting we are close. There are several targets below from two Gann charts I post, one is at 580, and the other is at 560, if the low made on Friday does not hold. The market is also primed for any good news as some people are still saying stocks are cheap here, maybe if you have a ten year plus time horizon. If we do rally on the open it may be another chance to get short, my guess from the Bear Sterns news is, Thursday, we may make a low. I do not think any market analyst can make any claim to making great calls right now. This may still get a lot worse from here, it must be obvious to a lot of people what is happening, this will be a difficult bottom to identify from here. 1200, SPX looks to offer some support if we continue to head down.

March 14, 2008
9 18 AM
The only bullish indication we may have is VIX, but in market extremes we can get even higher readings. With what investors are seeing, I do not think we can discount that. This may be it for posts today. Looks like RIMM will take time to turn down. I think they have earnings coming out next month. Have a great weekend everyone!

8 17 AM
Shorting here makes sense. I think traders would want to stay short over the weekend as daily RSI does not look good to me.

7 50 AM
Hourly RSI divergance, we may get a rally to put on on more shorts again.

Is the bull back? That felt like it used to be when we got that rally, I think the number in the morning may decide if we have a 400 point down day. The scary part may be if we close down 400 points, but right now we are just seeing a trader's market. PSI may be suggesting we get a good down day, and NYA OBV has now weakened. It may have been that last leg holding the market up if we do drop from here.


March 13, 2008
12 30
Correction, RUT OBV, has been corrected. They should all drop about the same if we are going to get another drop.

12 PM
To me it looks like the Rut could be the better short from here. OEX OBV, has improved relative to the Russell if we do start to drop from here.

11 AM
I think it may be a great short right here.

10:20 AM
This may be another chance to go short as RSI does not look oversold right now.

8:20 AM
I suspect the gap may get filled today as hourly RSI is already oversold. Still no interest in playing the long side.

The MomometumCyles section is updated.

So you liked that one. Gann lines can be very accurate when drawn from the right spot, it was a perfect tag of the 617 level. The OEX has been turned back two times now from that Gann line.  I would continue to look for shorts, bears will like the Dow target now around 11,500. We can not get too complacent as the nice Fed may still have more surprises. The 50 day is currently around 630.


March 12, 2008
12:25 PM
OEX, hourly OBV, still looks weak, we could get a sharp drop at any time.

9:15 AM

The MomometumCyles section is updated.

Updated RIMM chart. Upside is limited here I think.



Well, we got that sharp rally that PSI was suggesting. It went higher than I thought due to the Fed getting a touch of socialism. I applaud that as it may be a sign the US may come out of being a third world country with some issues. There may also be less crime if everyone got better health care in the US. Consider me a Socialist/Capitalist. I will give you some ideas if we continue to rally from here. The NDX system is now flat,  and I have a Dow system that will exit if we rally another 231 points. A Russell system will exit if we rally 22 more points. Traders should note the 617 level on the Gann chart below.

March 11, 2008
Close
I think a 400 point rally in one say may qualify for a bear market rally. I think the trend may still be down from here.

10 30 AM
Hourly RSI is now overbought, short may still payoff from here.

7:05 AM
IBM has closed a gap on the hourly. IBM, and the OEX look to be great shorts up here. RIMM tagged the 200 hour, and so far has sold off.

Sorry I have been very tired the last few days. Daily RSI may make a bottom tomorrow, but rather than waiting for a rally, I would see if we get one to put on more shorts. The Bradley turn date on Sunday may be turning out to be a high. We may need weekly RSI to diverge if you want to engage in dangerous bottom fishing with these market conditions. RIMM is almost at the 200 day, it has to hold around the 200 day or the downside may be considerable. Here is that other Gann chart. You can now see the lower targets, but PSI is now very oversold so maybe we might see a sharp rally first. The NDX system is still short.


March 10, 2008
Close
You can not complain here holding on to puts still. We may go even lower tomorrow.

8 AM
I do not have anything to add to my comments here. I do not think going long maybe wise yet. Not sure if I will post anything at the close today.

RIMM Hope
This chart may be suggesting there is a lot of room on the downside. I know this stock is a proud to be Canadian stock. There has to be uncertainty about this rich stock valuation now that Apple is going to take them head on.



Traders could get rich shorting rallies probably for the next five years, maybe longer. We are coming off a ten year plus bull market, I do not see any value to owning stocks right now. A lot of stock market related sites such as this one will suffer for the next five years, as investors will loose interest in a market that will not be able to put in any sustainable rally. Monday should be interesting to watch, I do not think anyone knows what may happen on Monday.  Our site is worth visiting just for the VIX chart below linked from the front page. I hope people will still visit this site even if the market gets decimated on Monday, remember some brokers need to sell stocks to the public to make a living.


March 7, 2008
11 AM
It may be prudent to close out some shorts here. RSI is oversold on the daily, and hourly. We are also getting small divergence on the weekly, so there may be rally potential from here as we have a Bradley turn date that falls on a Sunday. Have a great weekend!

Where to now? We are right at a Gann line on a daily OEX chart below. I think we need to hold here, or we may get 20 more OEX points on our short. People that are short Rimm may start so see some real down side soon as we are getting close to the 200 day at 90, which I suspect will not hold very long if the rest of the market is tanking as well.

March 6, 2008
9 AM
Please don't discount the possibility of Friday day being 1000 point down day unless the numbers are very good. RIMM OBV is just barely holding here, and could break down at any time. This will probably be it for any further updates for today.

It was a good short entry yesterday, to me I do not think there is a good bottom in yet. We need to get more oversold.  The NDX system is still short. One indicator that is disturbing is the Heartbeat on the Soxx. It is not good that in never managed to get  a solid rally going. All we may get today is another one of those 100 Dow points plus, rally that may fail. Remember bear market rallies can be rather sharp. The Gann line I had mentioned below so far has been good resistance.


March 5, 2008
2 :00 PM
Just thinking of a possibility here, I think the worst think that could happen for people that are bullish, is the market tries, and rallies into the close on Friday, setting up even more divergance on some intraday indicators.
 
12: 30 PM
Monthly Rimm chart.

12 Noon
OBV has gotten worse, we could still see a lot more selling this week.

9 AM
Hourly OBV is looking good if you are bearish here on the OEX, hourly RSI may also be ideal to go short here.

Just might be mentioning the chart below tonight. Is this is it or are we on the verge of making an attempt to tag 580 on the OEX? One other note, we have a signal from our Volatility Indicator.