symmetrical

For about half a year I have been watching and observing the Coca Cola stock price. Needless to say this is a very slow moving stock and for good reason, it has 2.25 BILLION shares in the float. Definitely a beast or dog to the hot blooded trader. However, what I am […]

I am going to post a chart here which should give you a rock solid dose of long term thinking. Ponder for a moment your long term opinion on the market.. do you have one? Bearish, Bullish or in between? It goes without saying that a fairly confident long term forecast can help […]

Here are a couple of charts on the 30 year T Bond Futures. Steven J Williams who graciously allowed me to repost his ‘ Is a US Bond Crash Coming ‘ article makes a compelling case that we may eventually see a US T Bond Crash, maybe in 2005?
At the Brink of a Break Down
It […]

I first mentioned NGAS on February 10th, and then on February 25th. Since February 10th, NGAS has appreciated about 23%. The overall chart on a long term as well as short term time frame still has promise. When I first mentioned this stock I made the statement that symmetrical triangle stock chart patterns are not […]

Natural Gas to follow crude oil?
I have been studying the natural gas future price chart because of my previous mention of a natural gas stock with symbol NGAS. The stock was mentioned here and here. The price of natural gas has been slowly trickling upwards although it has not done a retest of its late […]

Brief Crude Oil Update
The Crude Oil story is really starting to get a lot of attention from the media, and all of this is occurring at the same time crude oil is right at the 55 retest level combined with a very overbought RSI level near 80. That combination of factors usually means some sort […]

The commodity research bureau index, a good leading indicator of future higher inflation has done the unthinkable. It has avoided a bearish divergence, and instead formed a bullish symmetrical triangle. A couple days it broke out of that symmetrical triangle in what I believe is an elliott 5th wave UP.

I am no elliottwave expert, but […]

Here are a few observations on a homebuilding stock. In particular I am talking about Ryland Group, a home builder. Even if you have only followed finance or the stock market occasionally over the last few years, you probably have heard about how great the real estate boom is. And yes, there were also plenty […]

Here is a natural gas stock I discovered after scanning through my database… You know, it is funny sometimes how I find stocks to study and examine further.. Sometimes they come from memory, ones that I have watched before but then forgotten about.. other times they come from a fresh stock scan. It really doesn’t […]

For some reason I have always liked longer term stock charts. It is true that a long term stock chart does not give any satisfication of a quick trade or instant gratification. Instead what it does offer, is a big picture view and maybe some degree of longer term confidence in the true trend of […]