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Rich Testing New Charts


richmtn

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A VERY good interview. Highly recommended. Any of you familiar with him I was quite impressed?

Sounded like a stoolie! :D

 

Jim Dines -the 40 year stock market veteran- has been on a "sell" signal since 11-27-02.

In addition, he doesn't think the bear market is over, due to the current state of "mass psychology."

 

AegeanCapital interview by IKE

 

 

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1. A trend in motion will continue until it actually ends (DITREND).

 

2. When the trend is flat, dull, or unclear assume that the previous

clear trend has remained until proven otherwise (DITRULL).

 

 

3. A trend in motion overrules all "facts", "arguments", and "reason" (DITREMO).

 

4. An Uptrend is bullish and a Downtrend is bearish; don't think, look (DILOOK).

 

5. When in doubt, stay out (DIDOUT).

 

6. Dines Rule of Lost Leadership: When bull or bear stock-market leaders finally falter, the market

usually reverses direction (DROLL).

 

7. Dines Rule of Gold Countertrend: The price of gold tends to move generally opposite to the

rest of the stock market and the US dollar (DINOPA).

 

8. Dines Nature of Paradox: Overefforting for the wrong thing produces results opposite

from what was sought. That's why you never got the person you wanted, and never got rid of the

person you didn't want (DINOPA).

 

9. Dines Rule of Gold Seasonality: Gold shares are seasonally strongest in the first few months

of each new year (DIRGS).

 

10. Dines Wolfpack Theory: When a few stocks of an economically related group move in a certain

direction, the rest of the group will tend to follow that direction as "Confirmation." So buy laggards in

newly-leading groups. World markets will increasingly move in unison (DIWPAT).

 

There are 37 more of these wonderful "Dinesisms" ...

 

 

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Chapter 7 On What is the Gambler's Secret Desire to Lose Based? Is it Sex? 71

 

Does Money Lost Go to What We Call "Money Heaven"? 72

 

What is the "Secret Desire to Lose"? 76

 

 

Chapter 12 How to Understand Your Place in Different Types of Crowds 186

Mass Market Psychology 186

 

If the World Were Always Logical, Men Would Ride Sidesaddle 186

 

The Relationship of Sex to Investing 188

Men Seek Sex and Discover Love; Women Seek Love and Discover Sex 192

What is a "Crowd," a "Mass," and a "Public"? 199

How Does a Crowd Form? 203

The Cycle of the Mass in Motion 207

Blood Might Be Thicker Than Water, But Love is Thicker than Tar 207

Collective Definitions: Rumor, Legend, Gossip and Myth 211

A Lie Will Go Twice Around the World While the Truth is Still Getting Its Shoes On 211

Rising Stocks Creating Their Own Justifications 226

Mass Contagion 227

Imitation and Suggestibility 227

Contagion 229

The Dines Greed/Fear Oscillator (DIGFOI) 242

Fads and Fashions 242

Crazes and Binges 248

Demoralization, Panic, and the Return to Sanity 255

Practical Examples of Booms & Busts 263

Extraordinary Popular Delusions and the Madness of Crowds 263

Can "Hot New Issues" Make You Rich? 272

Is Wall Street Another Las Vegas? 275

Do Mysterious Cycles Run Wall Street? 278

Practical Applications of Mass Psychology 281

Approaching the Market Correctly 281

Common Sense Can Supercede Any Kind of Analysis 281

Chiseling Eighths is Too Expensive 286

"Denial" is More Than Merely a River in Egypt 289

Buy-Low-Sell-High, or BLSH 298

There is No Hitching Post in The Universe 301

Should You Average Down? 303

Should You Trade or Invest? 304

The "Secret of Women" is that They Only Want What They Think They Can't Have 304

How to Be A "Tape Reader" 319

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  • 2 weeks later...

Rich, if you tell me which symbol is that "chop 2" chart for, I'll show you how to post "live" charts (i.e., no need for a snapshot) without a price pane. ;)

 

Regards,

Vesselin

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