Thoughts from the Vortex

One down day does not make a trend but we have to start somewhere. So far the 1012 number has shown extreme force on the wheel of time and price. If we are in a similiar market as the 1930 market we go to 151 SPX over the next year. I'm looking more from the wheel at 9 revolutions down as we are in the 477 390 camp for a secular bear market bottom. For that to happen we need to take out the 200 dma which will be a while. If we regain the 1012 mark a move through I believe 1200 is in the cards and fast.

Fireworks in China show that the US is losing its world ranking IMHO. If we are to start the grind lower, the fear and last flight to quality/safety should be at hand. My play will be the tmv tbt once we get the low as a 20+ bear market in bonds cycle should begin. I have a 12 yr old at home when he is in his 30s we should revisit the 1982 bull run again. :)

If the 30s play in about a year we will have the mother of all buy and hold scenarios take place. That was when the greats of the investing world made their names ie Templeton.

Mr . Dollar is trying again at the 50 dma. Will this be the time to bust amove higher? The second mouse gets the cheese. Oil should pullback very hard if that occurs, nat gas is already following supply and demad metrics. Is 25 dollar oil coming soon?

Tornado Out

Thoughts from the Vortex

It is quite interesting when you look at the battlefield from the Generals perch. They always seem to know when the battle is won or lost. General RIMM gave an expansion pivot sell signal today and El Jefe GS blasted thru the 20 period moving average. Goldman could be circling the wagons before making a thrust from this pattern which is called the Holy Grail. If GS does not rally tomorrow but extends lower a "tell" may be in for the financials.

Again GS has held the 166 number or 1080 degrees up from the low and printing some negative pattern....141 or 180 pullback should be in the cards.

The SPX has pivoted off the 1012 1080 degree mark as well ... does 880 come soon or 360 degrees down from here? Where are the Rough Riders to keep pushing up the Hill.

General AAPL tomorrow

Thoughts from the Vortex

The Nas has been the place of leadeship during this run but as you can see we are pushing hard against a big trendline. Below 1600 on the NQ looks like a pullback to begin