The Humble Speculator

Monday, August 29, 2011

1221ish on the SPY for the top of the flag conitnuation pattern

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Lots of people have given up on chart patterns since the fed began rigging the market with pomos but is it possible that we are seeing patte...
Saturday, August 13, 2011

My long term view...

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I think based on the idea of zero interests rates for the next 2 years per the Fed, along with endless rounds of money printing will make th...
Thursday, August 11, 2011

Put/Call ratio...

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Looking at a chart of the 10 day moving avg. of all puts and calls with an S&P back drop we have reached extreme levels of panic, which ...
Wednesday, August 10, 2011

SPY vs. GLD

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Where as there was a correlation between GLD and SPY moving together lately, in the most recent parabolic stock drop the correlation has fli...

Weekly SPY closing line chart basis....

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It's possible that despite all the bearish news that (via a dollar plummet) SPY could close the week at 120ish, which then tucks it'...

Time for silver to take another slap down?

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Looks like silver wants some more attention...
Friday, August 5, 2011

135ish on the spy is the next target

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The bottom is in. We can thrash around down here for another week or two but the break out will be higher up to 135ish on the SPY before it ...

spread closed on SLV/JJC

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..and there you have it. Silver / Copper spread has closed but I do expect much more selling of both, down to 24ish on silver...
Thursday, August 4, 2011

spread begins to close...

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I'm wondering if once the spread between SLV/CRBQ/SPY closes it signals covering equity shorts and going long on a QE3 announcement. The...
Wednesday, August 3, 2011

precious metals in a secondary blow off....

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another view of the situation in silver is compared to both SPY and CRBQ which are suggesting major market slow down while silver breaks awa...
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