Insightful markets analysis - articles and audio - for a very interesting holiday weekend

We'll have an interesting weekend including taking a look at what some others are seeing and saying on the markets. Recently there have been a number of views and items pointed out, such as mutual funds' low amounts of cash (bearish), investors feeling anxious (bullish), TRIN popped high (bullish), ISEE popped high (bearish). This is all fodder for analysts so here's an overview of some (through the weekend will add more here, to avoid a multiplicity of posts):

ADDED -

Terry Laundry's T Theory Observations. At http://www.ttheory.com/

Here's his intro statement:

Update for Sunday November 29 2009. Today covers many longer range topics that help to answer the shorter term T Theory forecast which remains very bullish. Look at the 3 chart PDF files below then listen to the 4 Audio commentaries that follow.

Long Range Ts Chart Download ADTSCurrent ; Chart Download ADT13 with first Echo091127 ;

Chart Download FAGIX vs GOLD YTD091127

Audio Commentary on Long Range Ts Download TTO20091129A

Audio Commentary on 8 Year Cycle Download TTO20091129B

Audio Commentary on First Echo Analysis Download TTO20091129C

Audio Commentary on Sector Benchmarks Download TTO20091129D

ADDED - Fall Down Friday - Dubai Cruel World! | Phil’s Stock World - By Philip Davis at his site, http://www.philstockworld.com/2009/11/27/fall-down-friday-dubai-cruel-world/. I'm actually not a member there but if you're daytrading the ES or options you probably should consider it.

ADDED - http://www.schaeffersresearch.com/commentary/observations.aspx?ID=96511. Here's their intro paragraph:

News of credit trouble out of Dubai shattered the quiet of the holiday-shortened week on Friday, ending the Dow Jones Industrial Average (DJIA) winning streak at three weeks. Looking ahead, Ryan Detrick, Senior Technical Strategist (filling in for Todd Salamone due to the holiday), makes the case for a continued run higher by the bulls, although he acknowledges some short-term technical hurdles. Ryan's contrarian mindset is cheered by the continued skepticism in the face of the huge bull run of 2009. Next, Senior Quantitative Analyst Rocky White takes a closer look at the overall performance of the S&P 500 Index (SPX) following the release of Black Friday's sales data. Finally, we wrap up with a look at some key economic and earnings reports slated for release this week.

An article by Bill Mitchell, at his billy blog » Blog Archive » Dubai is not a case of sovereign default - http://bilbo.economicoutlook.net/blog/?p=6358.

SP500 High at Fifty Percent Time and Price Cycles - PTV-Investing.com, Gann analysis by Andy Askey

http://ptv-investing.com/blog/2009/11/17/sp500-high-fifty-percent-time-price-cycles/. Here's just a quote, you'll want to see Andy's full work there:

The SP500 index hit the 50/50 point and is in equilibrium – no advantage to either side. Dynamic Chart

Andy Askey's additional post, ValueLine Arithmetic Square of 90 - PTV-Investing.com, at http://ptv-investing.com/blog/2009/11/26/valueline-arithmetic-square-of-90/. Here's a quote from this one too:

The ValueLine Arithmetic (VLE) Square of 90using trading days shows price 180 TD beyond the March low. Interesting that the left shoulder of the head-and-shoulders formation occurred 45 days into the second 90 day cycle, the head at the 3/4 time line, and the shoulder finished at the 180 day mark. A new high would negate the H&S but I would not be surprised to see price drop throughout December.

The VLE swing chart show topping action during the past month. Also note that the high was within one percent of 8 complete square of 9 cycles from the March low. This is another reason not to be surprised if the high is in.

ISEE Red Candles - Slope Of Hope with Tim Knight, with a variety of interesting charts and points, at http://slopeofhope.com/2009/11/isee-red-candles.html.

VIX and More: Chart of the Week: No More Free Lunch for Volatility Sellers? by Bill Luby, at http://vixandmore.blogspot.com/2009/11/chart-of-week-no-more-free-lunch-for.html.

I came across information on this trading book: - not one I've seen but here's the recommendation I read, so it might be worth keeping an eye out for it:

"One of the best trading text book written in my opinion is (Aerodynamic Trading) by Mrs. Constance M. Brown. She is an experienced Elliott Wave trader, she worked in the industry for many years. Goal setting, Psychological Tactics, and The Three selves and Competition and Winning sections are worth the cost of her book alone. Intuition section is awesome... Courage to make the trade ect... The book is a must for anyone who is dead serious about winning at this high stakes game.

"She also talks about The Dark Side of Trading.... Fear of Success, Fear of Failure etc... The text book is 304 pages long. Its out of print, so you must search old books.... the book's value has really increased."

Also, this is an audio I just came across and haven't been able to listen to yet but have been told is
interesting especially for Elliott Wave'rs - by Ed Handley 11/24 at WDMV Program Schedule: http://www.dcradio700.com/schedule.html.

Several interesting chart-based technical analysis posts based on SPX
analysis, at Cobra's Market View: http://cobrasmarketview.blogspot.com/.

China Meltdown | Charts and Coffee Blog - http://www.chartsandcoffee.com/2009/11/china-meltdown/.

This article is interesting for background (we still trade on
technicals, especially for timing): Gold Market | How and Why China Will Flood the Gold Market - Contrarian Stock Market Investing News - Featuring Bargain Stocks, at http://www.contrarianprofits.com/articles/how-and-why-china-will-flood-the-gold-market/21149.

Safe Haven | Yen's Perfect Storm, by Ashraf Laidi, 11/27 - http://www.safehaven.com/article-15131.htm.

Financial Sense Newshour with Jim Puplava - Looks like they taped on Thursday. This weekend's featured technician is Dow Theorist and cycles analyst, Tim Wood of Cycles News & Viewshttp://www.financialsense.com/fsn/main.php.

Safe Haven | Technical Market Report, by Mike Burk, at http://www.safehaven.com/article-15138.htm. A quote from his intro, though you'll want to read it all:

One of my programs reported 0% volume of advancing issues and 100% volume of declining issues for the components of the DJIA, S&P 100 (OEX) and SPX. 100% of the issues in the DJIA declined on Friday while 99% of the issues in the OEX and SPX declined on Friday. The 1% of advancing issues in the OEX and SPX must have accounted for less than 0.5% of all of the volume of the component issues in those indices. This phenomenon was not expressed in the small caps. In the R2K "only" 88% of the volume went to declining issues.