tag:blogger.com,1999:blog-6135767210188526078.post7137570149530587851..comments2023-07-28T11:28:55.153-04:00Comments on pebblewriter: Another Fractal: December 7, 2011pebblewriterhttp://www.blogger.com/profile/11324367600914701000noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6135767210188526078.post-86921281636501633432011-12-08T00:36:17.001-05:002011-12-08T00:36:17.001-05:00Boy, I hope it's profitable! For some crazy r...Boy, I hope it's profitable! For some crazy reason, my kids expect Christmas presents this year.pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-15781063282347722612011-12-07T19:11:51.413-05:002011-12-07T19:11:51.413-05:00Excellent job ! The negative divergence that I ha...Excellent job ! The negative divergence that I have been following coupled with your outstanding work should be very profitable. Thank You for your efforts.rittterhttps://www.blogger.com/profile/01896374894406818799noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-11072904918386113062011-12-07T17:35:50.407-05:002011-12-07T17:35:50.407-05:00Glad you're enjoying it. I learn a lot from p...Glad you're enjoying it. I learn a lot from posting, too. Keeps the cobwebs at bay.<br /><br />Good points on the close and Nov 8. Watching a few other blogs, I'd say the late ramp today cleared out LOTS of bears. Can't wait to see the sent nbrs today.pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-36633179801321349602011-12-07T16:49:04.846-05:002011-12-07T16:49:04.846-05:00Thanks for the updates Pebble.
Above all else I...Thanks for the updates Pebble. <br /><br />Above all else I do want to thank you for continuing to post. Your charts and market insight are excellent learning tools for the more novice investor like myself. I can actually say I have learned more following this blog in the past few months than I have with any other TA book/site. Plus, its always nice to impress a few people when you can call a reversal .... and make a few dollars!<br /><br />With regards to today's action, I too thought a gartley was playing out. I think the last push to 1267 was clearing out some stops before we head down. I know that push should have invalidated the gartley, but I just found it odd that we closed right where that gartley should have played out too 1261.<br /><br />I also would note, that power hour rally today closed us right on the upper trend line for the RSI Daily. That line has held upward momentum since March, save for the late October high.<br /><br />Also note the last time we closed right on this upper trend line was 11/8, and it was proceeded by a 50 point decline the following day. Would note that on 11/8 SPX also closed right at the .786 retracement off the 1292 high.dillzs99https://www.blogger.com/profile/08134062644817552023noreply@blogger.com