GregFokker Posted June 19, 2003 Report Share Posted June 19, 2003 No feed, no jam Link to comment Share on other sites More sharing options...
DrStool Posted June 19, 2003 Report Share Posted June 19, 2003 Link to comment Share on other sites More sharing options...
Metamucil Posted June 19, 2003 Report Share Posted June 19, 2003 Nice trend reversal here............the daily upline is busted. Link to comment Share on other sites More sharing options...
Darkdoc Posted June 19, 2003 Report Share Posted June 19, 2003 Saint Louis Fed has a new study of gold standard versus price standard. A quick read tells me it will be used as ammo for an inflation targeting effort by the Fed. After a long day's trading you may want to check it out. http://research.stlouisfed.org/wp/2003/2003-014.pdf Bear, I suspect you are right about the possible use of this data. Figures lie, and liars figure. These guys work a great case of curve fitting - reminds me of the guys that love to show the 1931-33 Dow or the 90's Niklkei fitted over the current Dow, and then try to infer that we are doing the same thing, and for all the same reasons. Sorry, but things don't have to work that way at all, especially since curves that resemble each other may do so for radically different reasons. Plus, FED and economics wonks (and for that matter, technical analysis wonks) like this are no better than wonks of any kind. "If you can't dazzle them with brilliance, baffle them with bullshit." Link to comment Share on other sites More sharing options...
Guest Posted June 19, 2003 Report Share Posted June 19, 2003 Added a little to my AZO short at 76.86 and opened a small short position in CAO at 14.18. Link to comment Share on other sites More sharing options...
richmtn Posted June 19, 2003 Report Share Posted June 19, 2003 Is this possible? Link to comment Share on other sites More sharing options...
DrStool Posted June 19, 2003 Report Share Posted June 19, 2003 Anals PM update Link to comment Share on other sites More sharing options...
Bearman Posted June 19, 2003 Report Share Posted June 19, 2003 GE's got a nice outside key rev dn working S-p should follow Link to comment Share on other sites More sharing options...
FeedFool Posted June 19, 2003 Report Share Posted June 19, 2003 Uncle HUI Link to comment Share on other sites More sharing options...
DrStool Posted June 19, 2003 Report Share Posted June 19, 2003 Figures lie, and liars figure. These guys work a great case of curve fitting - reminds me of the guys that love to show the 1931-33 Dow or the 90's Niklkei fitted over the current Dow, and then try to infer that we are doing the same thing, and for all the same reasons. Sorry, but things don't have to work that way at all, especially since curves that resemble each other may do so for radically different reasons. Plus, FED and economics wonks (and for that matter, technical analysis wonks) like this are no better than wonks of any kind. "If you can't dazzle them with brilliance, baffle them with bullshit." uh, excuse me? You just trashed my work on the Nikkiu and Nasdaq similarities. <_> The charts are nearly identical, right to the current time frame and the reasons are similar. Of course, the proof will be in the market's behavior over the next year. Link to comment Share on other sites More sharing options...
Guest Posted June 19, 2003 Report Share Posted June 19, 2003 XAU low 80.78 XAU high 82.69 38.2% fib 81.96 HUI low 154 HUI high 157.82 38.2% fib 156.36 Link to comment Share on other sites More sharing options...
Metamucil Posted June 19, 2003 Report Share Posted June 19, 2003 Nice volume break above the 200dMA daytrade only....will play again on consolidation. I go home flat on the riverboats. I agree with the Nikkei comparison. The Nikkei was quite tradeable.... Link to comment Share on other sites More sharing options...
Guest Posted June 19, 2003 Report Share Posted June 19, 2003 Today could be a big down day...so far they hold 1000 steady but the selloff may come later...what's fun with riverboating if the damn boat is blown up... :grin: Link to comment Share on other sites More sharing options...
FeedFool Posted June 19, 2003 Report Share Posted June 19, 2003 Is this possible? Possible. Looking for the 4th wave down should commence on Monday then up into July. 1058??? Refinancing liquidity is going to hit the roof. Link to comment Share on other sites More sharing options...
wndysrf Posted June 19, 2003 Report Share Posted June 19, 2003 Asian Exotica getting hammered. Poor girls...... Link to comment Share on other sites More sharing options...
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