Good read:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9773911/Stocks-to-soar-as-world-money-catches-fire-Calvinst-Europe-left-behind.html

I am placing more weight on the SLO STOCH but I am watching both the MACD histograms. If the SLO STO crosses below the 50% and MACDs stay crossed I will go to cash. Too early to be definitive. 

seems to be a good road map. I'm using it in the coming year.

The fundamentals couldn't be worse. The best market timers are bearish. Big money option traders are short (or so I've been told), and yet most of my charts say this is just a correction and we still have higher highs to make. We shall see. I'm 60% long equities (with some covered calls )and 40% cash.

Happy New year all. 

LOL!

Looks like the full moon should hit just in time for a major reversal in the market. Perhaps?

was such a thing. Where did you guys learn all this stuff?

GD breaking out. Hope someone else caught it. Not sure if anyone sees my trades sometimes as no one responds. Oh well...

Here is a live chart link:

http://stockcharts.com/h-sc/ui?s=GD&p=D&yr=0&mn=11&dy=15&id=p34870745003&listNum=1&a=285429882

I will defer to you Steve.You are the zen master of TA in my book. Thanks for pointing that at.

Advance Decline Indicator

Speaking of this important indicator, market timer Marty Zweig invented a timing indicator many years ago which he named the “Breadth Thrust” indicator. This indicator is based on the daily NYSE advance-decline line and was designed to detect instances where breadth moved from an exceptionally “oversold” to an extremely “overbought” situation in a short time.

The actual “Breadth Thrust” signal occurs when the 10-day ratio of advances to decline moves from below 40% (which means that on average only 40% of stocks are advancing daily) to above 61.5% within a two-week period. This signal identifies a shift in perception that the stock market has gone from being sold out to a much better technical condition. As analyst Michael Cintilo recently noted, “The signals are rare, but when they arrive, they usually portend many months of solid market performance.”

Cintilo notes that the Zweig Breadth Thrust signal occurred last month. The 10-day A-D ratio went from 37% to 64% within a two-week period into the end of November. “That’s a very rare show of power that, historically, has led to big market gains,” writes Cintilo. He went on to point out that such signals have been rare with the last two occurring in late 2008/early 2009 and previous to that in 2001.

My charts are bush league simple but they are working.