tag:blogger.com,1999:blog-8084606426992105990.post2133898835179184540..comments2023-10-29T06:32:19.009-04:00Comments on The Keystone Speculator™: Keystone's Morning Wake-Up and Midday Market Action 7/2/13Keystone Speculatorhttp://www.blogger.com/profile/15343512310307344717noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-8084606426992105990.post-75055099709602376682013-07-02T16:09:27.832-04:002013-07-02T16:09:27.832-04:00no the 1722 +/- 15 target is for all of int. med. ...no the 1722 +/- 15 target is for all of int. med. V. only 5th waves truncateArniehttps://www.blogger.com/profile/05540101332450928069noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-83650028732896063592013-07-02T15:04:23.761-04:002013-07-02T15:04:23.761-04:00after that wave 3 ?
truncated wave 3 or wave 3?
...after that wave 3 ? <br />truncated wave 3 or wave 3? <br />;)<br /><br />GS guyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-11839187934587864602013-07-02T14:56:40.410-04:002013-07-02T14:56:40.410-04:00Watch the 8/34 cross on the 30-minute. As long as ...Watch the 8/34 cross on the 30-minute. As long as the 8 stays under the 34, it is only by pennies right now, that will point to market downside ahead. Another candlestick should appear on the 30-minute chart in a couple minutes. The bulls are trying to thrust higher right now to reverse the 8/34 cross.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-44234760145832597852013-07-02T14:54:21.634-04:002013-07-02T14:54:21.634-04:00All those doji's are interesting, they simply ...All those doji's are interesting, they simply illustrate the indecision in the markets now which verify all the cross currents in indicators and asset relationships. The Fed twisted everything into a knot and no one knows what anything is actually worth anymore.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-82040407001956743382013-07-02T14:51:55.318-04:002013-07-02T14:51:55.318-04:00That is interesting about how JJC and RSX are trac...That is interesting about how JJC and RSX are tracking, along with oil. Oil diverges up now because of Egypt and Syria. When the smoke clears over the next couple days, the oil charts can be posted. Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-27160799733585239962013-07-02T14:50:50.968-04:002013-07-02T14:50:50.968-04:00yup, seems like 1626 was all she wrote for this wa...yup, seems like 1626 was all she wrote for this wave 1. looks like 5 waves to me. retrace should be between 38.2-61.8%. that would target 1590 +/- 5 IMHO. <br /><br />After that wave 3, up. If this is int. med. V, then target should be, assuming 1590 for wave 2 down: 1590 + 2x 66 = 1722 +/- 15 (allowing for 23.8% truncation or extension of the 5th wave)Arniehttps://www.blogger.com/profile/05540101332450928069noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-24403081425021798782013-07-02T14:34:11.915-04:002013-07-02T14:34:11.915-04:00the truncation of the future int 5 does not imply ...the truncation of the future int 5 does not imply a larger ABC than the case of a 'full' (so-to-speak) int.5.<br /><br />Next big correction (Major 4) can be calculated as a fibo % proportion of Major 3 (it doesn't matter the distance since the start of int 1 of major 3 .....to the end of int 5 of major 3..irrelevant).<br /><br />V. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-70177972593021723022013-07-02T14:30:15.328-04:002013-07-02T14:30:15.328-04:00next stop... 1586-1594
V.next stop... 1586-1594 <br /><br />V.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-81786582508573736792013-07-02T12:35:53.025-04:002013-07-02T12:35:53.025-04:00I'm new to this and have been following for th...I'm new to this and have been following for the past few months. From an Elliot Wave standpoint, for any of you that follow this, since Wave 3 was so powerful and long, what are the odds that we are seeing a truncated wave 5? Wouldn't this lead to a large ABC decline thereafter?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-1652952466177616092013-07-02T12:04:00.696-04:002013-07-02T12:04:00.696-04:00try 1400's until September... unsure, but migh...try 1400's until September... unsure, but might get there with the right combination.<br /><br />GS guyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-27227686887615274122013-07-02T11:57:51.847-04:002013-07-02T11:57:51.847-04:00Hey, my six sense tells me that we're going to...Hey, my six sense tells me that we're going to visit spx 1540 within a couple weeks, what do you think buddy? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-51790150006998163782013-07-02T11:49:00.889-04:002013-07-02T11:49:00.889-04:00told ya u'r a smart guy! :)
GS guytold ya u'r a smart guy! :)<br /><br />GS guyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-15467771032476116522013-07-02T11:46:23.892-04:002013-07-02T11:46:23.892-04:00I guess you are right GS guy!
I have taken a look ...I guess you are right GS guy!<br />I have taken a look on SPY (the etf that follows S&P500) and the whole rally from 1560 ... well..it's just a series of doji's ... never seen a rally composed of dojys until now ! <br /><br />that means there is not participation, they pump the spx 500 level and they sell gently all day long! <br /><br />KS , is it true what I'm thinking ? Can you please take a look at SPY daily ?<br /><br />V.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-62549400419926711822013-07-02T11:28:07.253-04:002013-07-02T11:28:07.253-04:00keep buying, we are selling to you on the top of t...keep buying, we are selling to you on the top of the day , like yesterday, like previous days ... it's called d-i-s-t-r-i-b-u-t-i-o-n , my friends !<br /><br />keep thinking all that you want to think about QE, about FED speakers about all that crap ... no matter what ... a top is still a top !<br />Kiss ya! :*! :)<br /><br />GS guy Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-30210379598989990812013-07-02T11:07:39.695-04:002013-07-02T11:07:39.695-04:00Hi KS. Abour a week ago we talked about FAZ and RU...Hi KS. Abour a week ago we talked about FAZ and RUSS. Russia is the 7th largest oil producer in the world and I always assumed a close correlation between Oil and RSX performance. Hence, my question about your thoughts on where oil was headed. FYI, I just realized that RSX has a very high correlation to JJC. Their long term charts are basically mirror images. Just an observation. I am still holding both FAZ and RUSS. Thanks for all your insight and your ability to clear away the smoke and mirrors of these markets. Cheers.<br /><br />C.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-51836589205010691842013-07-02T10:49:36.874-04:002013-07-02T10:49:36.874-04:00more news on that... love that part with " wi...more news on that... love that part with " with bank concessions" :)<br /><br />http://www.marketwatch.com/story/fed-approves-capital-rules-with-bank-concessions-2013-07-02?link=MW_home_latest_news<br /><br />V.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-75804661496023706122013-07-02T10:39:46.095-04:002013-07-02T10:39:46.095-04:00for those who love good music (cafe del mar) and s...for those who love good music (cafe del mar) and south park cartoons :)) ...gotta listen to it , it's waaaay to good :D! <br /><br />http://www.youtube.com/watch?v=4TlPo0yCSa4<br /><br />V. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-20514622117591931392013-07-02T10:15:39.385-04:002013-07-02T10:15:39.385-04:00Watch UTIL 480.75 today, above is happy bulls that...Watch UTIL 480.75 today, above is happy bulls that will keep equities buoyant all day long, below and the bears will growl. UTIL is now printing 481.69.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-22474726885392140792013-07-02T10:14:35.987-04:002013-07-02T10:14:35.987-04:00Yep, the more dough the banks are forced to keep o...Yep, the more dough the banks are forced to keep on reserve, and not allowing them to play games with assets so as to continue to allow high leverage, the harder it is for them to continue making the big bucks. Lehman Brothers was leveraged at 40 to 1 some say maybe 50 to 1, that is why they were wiped out in a heartbeat. It is hard to tell what banks are at now due to all the phoney baloney. A leverage of 8 to 12 or lower would typically be safe for banks but they cannot make the big dough down there.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-26645421603726556622013-07-02T09:58:08.824-04:002013-07-02T09:58:08.824-04:00http://www.marketwatch.com/story/fed-to-move-forwa...http://www.marketwatch.com/story/fed-to-move-forward-with-basel-iii-capital-rules-2013-07-02?link=MW_home_latest_news<br /><br />lol!<br /><br />Now I understand why yesterday XLF was making that classic shooting star! <br />I worked in a bank as senior auditor for many years.<br />Do you know what is Basel III about? <br />It's about capital regulations and harder capital treatment! <br />Lol! <br />It's Bye-Bye to party US banksters if FED follows Basel III regulations! :))))))))))))))<br /><br />V.<br /><br />p.s. guess what happens now might be a pump and dump , a classic one. Let's see... :)Anonymousnoreply@blogger.com