I have a significant chunk of my retirement money in the PIMCO Total Return Fund (PTTRX). I moved into this fund in July/August of 2007 based on my cycle analysis in the spring of that year. Continue reading
Entries from May 2008
Bonds with PIMCO Total Return as Surrogate
May 31st, 2008 No Comments
Tags: Bonds · Price-Time Balance · Square of Range
SOX Looking Better Each Day
May 31st, 2008 No Comments
The Philadelphia Semiconductor Index (SOX) continues to hold above the 1:1 Gann Angles which is a strong position to be in. If price breaks through the current 3/8 retrace and 2:1 down angle line, then I can see it moving to 440 in a hurry. Continue reading
Tags: Gann Angle Fan · SOX · Square of Range
Weekend Outlook - 30May08
May 30th, 2008 No Comments
Recap of recent posts. Continue reading
Tags: Gann Angle Fan · Market Outlook · QQQQ · Roadmap · Russell 2000 Smallcaps · Standard and Poor's 500 (S&P500)
Market Rotation or Just Distribution
May 30th, 2008 2 Comments
I thought the market looked “OK” yesterday with good price movement of the indices and higher volume on the Nasdaq (COMPQ). When I looked deeper at the breadth of my top 100 growth stocks (mechanically generated each day) Continue reading
Tags: Distribution Day · Nasdaq Charts · Volume
Server Problems
May 30th, 2008 No Comments
Last night my server provider performed some maintenance that lasted over one hour. Continue reading
Tags: About
PowerShares DB Agriculture Fund
May 29th, 2008 No Comments
The PowerShares Agriculture Fund (DBA) looks interesting. Agriculture futures have been declining since the end of February. Interesting that it has been moving opposite of the market all year. The 50/50 point is very close and this ETF should be watched for the next week or two to see how it reacts. Continue reading
Tags: Price-Time Balance
QQQQ Price in Balance with Time
May 28th, 2008 No Comments
The Powershares QQQ Trust (QQQQ) is in balance in price and time. Price moved through the 50/50 point and continues up the 1:1 ascending Gann Angle. Volume was better today but not as high as during the decline last week. Continue reading
Tags: Gann Angle Fan · Price-Time Balance · QQQQ
Russell 2000 Walking Gann Angle Plank?
May 28th, 2008 No Comments
The Russell 2000 Index (RUT) bounced off the 50% price retrace line at the high. It has been walking down the 2:1 descending angle for a couple weeks. It may just end up back at the 50% price retrace line at 50% time — which looks to be about mid-June. Continue reading
Tags: Price-Time Balance · Russell 2000 Smallcaps · Square of Range
SPX Short Term Guess Part Deux
May 27th, 2008 No Comments
I missed the short term as the SP500 Index (SPX) bounced off the 3/8 line instead of the 50% retrace line. Continue reading
Tags: Price Retrace · Price-Time Balance · Square of Range · Standard and Poor's 500 (S&P500)
SPX Short Term Guess
May 27th, 2008 No Comments
The SP500 Index (SPX) could bounce off 1350 in a couple days at the 25% time retrace point (and 50% price retrace). Continue reading
Tags: Price Retrace · Price-Time Balance · Standard and Poor's 500 (S&P500)
Weekend Outlook 26May08
May 26th, 2008 No Comments
This week’s outlook will be short due to the holiday. I see all the internals are rolling over after price hit the 1440 level on SP500 Index (SPX). Continue reading
Tags: Market Internals · Roadmap · Standard and Poor's 500 (S&P500)
Scaling the Gann Square of 9
May 23rd, 2008 No Comments
In a post earlier this week I discussed my aversion to arbitrary scaling of angles and numbers in the square of nine. In this post I want to show mathematically why it is wrong to multiply/divide by an arbitrary number (usually 10) in an attempt to make the data fit the tool. Continue reading
Tags: About · Square of 9
QQQQ Looks Good in Long Term Elliott Wave Analysis
May 22nd, 2008 2 Comments
The Powershares QQQ Trust (QQQQ) squared out in the short term yesterday and looks strong in the long term. Price continues above the 4:1 Gann Angle of the Mar05-Oct07 range. Price recently bounced off the 1:1 descending angle (as expected) and could move all the way to the 1:1 ascending line without losing it’s bullish attitude. Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · Gann Angle Fan · QQQQ · Square Out
QQQQ Rings the Bell on the Price-Time Square
May 22nd, 2008 2 Comments
As a follow-up on the Powershares QQQ Trust (QQQQ) last week, I see price hit the 50/50 point. Continue reading
Tags: Price-Time Balance · QQQQ · Square of Range
SPX Setting Up for Date with 50/50 Point?
May 21st, 2008 No Comments
The SP500 Index (SPX) could be setting up for a move back to the 50/50 point and a move into a June high. Of course, this is a guess. But using market geometry allows me to see what “could” happen and when that possibility should occur. Continue reading
Tags: Gann Angle Fan · Square of Range · Standard and Poor's 500 (S&P500)
Short Term Cycle Dates
May 21st, 2008 No Comments
Very strange day yesterday. Even though “everything” looked to be down, my mechanically generated Top 100 Stocks showed 72 up and 28 down. Continue reading
Tags: Nasdaq Charts · Square of Range · Standard and Poor's 500 (S&P500)
SPX Square Root Progression off 2002 Low
May 20th, 2008 4 Comments
The SP500 Index (SPX) move off the October 2002 low has followed the square of nine price progression. The mid-point slow down of wave three in June 2003 occurred 720 degrees from the low. Continue reading
Tags: Elliott Wave Analysis · Square of 9 · Standard and Poor's 500 (S&P500)
PTV-Investing and the Gann Square of 9
May 20th, 2008 6 Comments
The square of nine is often referred to in writings of and about WD Gann. Based on the books I have read, the actual square traces back to the pyramids and Gann learned of it at some point in his life. Continue reading
Tags: About · Dow Jones Industrial Average · Square of 9 · Standard and Poor's 500 (S&P500)
Transports Make New High as SPX Hits Resistance
May 19th, 2008 No Comments
The SP500 Index (SPX) bounced off the 1440 level which is 360+90 degrees from the March low and at the 1:1 descending Gann Angle as discussed in this weekend’s Outlook. Continue reading
Tags: A-B-C Correction · Dow Jones Industrial Average · Elliott Wave Analysis · Square Out · Standard and Poor's 500 (S&P500) · Transports
QQQQ End of Day Range Square
May 19th, 2008 4 Comments
I’ve been watching the Powershares QQQ Trust (QQQQ) using only end-of-day prices and it looks in good shape from a price/time view. The price/volume view is not so good as there has been much less volume on the way up from March than there was coming down from October 2007. This fits in with my retest/new low scenario into the upcoming October. Continue reading
Tags: Double Bottom · Price Retrace · QQQQ · Square of Range