Recent content by Pollux

Missing spark found: how much powder is there, though? Conspicuously absent from last week’s recovery move were the leading technology groups. We saw health care stocks such as Genzyme (GENZ[/B]) & J&J (JNJ), & financials such as Citigroup (C), starting to recover in a substantially oversold...

NQ rallies smartly - no decision yet... NQ 1693.5 -- a higher volume close on a +BE D would change the picture to a significant degree. The key new piece of data is the volume today, which was clearly absent on Monday's attempt. 1/03/2006 17:25 The signs that were there in recent sessions, as...

Nice call ES - not so good CNBC... Here's the updated ES chart which did a pretty good job of calling the stiff resistance area, as we discussed earlier. Note on IJR we have a potential evening star bearish pattern setup, presaged by that clear minor bearish reversal pattern mentioned in the...

28/2 10:21 -- The broad market had a decent move above key resistance yesterday, with several notable areas standing out. Big cap tech, including amazingly MSFT (who announced plans for 6 versions of its upcoming operating system, Vista, targeting different categories of users), came to life...

Market mood swings continue; SNDK, MSFT others pop as some call this the break-out... This is a good example of a hang in there scenario which you just have to be prepared to do with 'heavy swingers' (we're not talking day trader GOOG fare here, just regular high beta, high quality 30-60...

Reversal underway? This jumpy market continues to make any trend setting positions kind of tough. I've attached a bunch of charts that popped up on our radar today. Strewth is pretty hacked off with me for pulling the AMR and indeed ES shorts on a whim. ...as for Perseus, he has re-surfaced and...

Apol Snapshot: Apol Conforming To Classic C/s Rules In This Current Move To The Top Of The Rz Formed By The Falling Window.

Strewth & I are going to put more charts & notes here. When time is short the notes may be a little cryptic or brief, but we'll try to add further commentary as a follow-on. Some will be purely for observation and hindsight analysis. Others may be a little closer to our actual thinking on a...

APOL -- the daily bullish pattern as MA's crossed was preceded by an upturn in money flow. Friday's breakout was on higher volume. Classic entry now, having missed the intra-day triggers, is a pullback to previous resistance: the recent uptrend is a relatively short one versus the serious...

Nice work Tim. Very nice if you've caught some of this decline in APOL. It's a tough name for sure, and it used to be on my focus list in 2004 I think. Strewth & I will add it to our watch list and endeavour to squeeze some juice out of it. For now, unless we're talking a few bucks worth of a...

Gold & the market I'm working on improving the timeliness of these notes (trust me...when you look at the chart of GLD and its ilk...chart) - here's our piece from last week on gold...We’re also thinking that Gold will be the next “shoe to drop” (commodity to fall in price). Momentum is waning...

Greenspan over & out. Stepping back from the relentless ebb & flow in short term sentiment, as well as the volatility always seen during reporting season, what do we see? Powerful signs of a cyclical bull market in global markets, that may eventually transform itself into a secular bull market...

SMH: no early sign of a snapback 23/01/2006 14:52 / SMH / Latest notes from Friday & Monday 23rd: +++ 20011553 / 37.75 / bear signs building as we re-enter support zone which held 18 Jan / ++++ 23011431 / 37.51 / close remainder on an H (hourly chart) close above late Friday resistance at 37.68.

type in ouch in Google!

SMH pounding... Hello candelabras! (eh?) Short & sweet this afternoon. SMH is still in play. We kept a 2/5 position... Why 2/5?...seemed good idea at the time...my obsession with round numbers overruled sound position management and an equal liking for symmetry. Weird. Better call my resident...