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Start Of My Second Year

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from crapvision.com:

 

"The market was abuzz yesterday with the notion of a December rally; making it sound almost inevitable. But hold on.

 

The last big December gains were in 1998 and 1999. [....] In 2000, the Dow rose 4% in December, but the S&P was flat and the Nasdaq took a 6% beating. Last year, the Dow, Nasdaq and S&P 500 all climbed about 2% -- a rally, yes, but not exactly visions of sugarplums. In fact, if you look back through the 90s, recent Decembers don't show all that many substantial gains.

 

And while the week just before Christmas is usually positive, the last substantial gain was in 1999. In 2000, all three indexes lost ground in trading over seven days before Christmas. Last year, the Dow and S&P gained, but only about 1%, and the Nasdaq lost 2%. Lately, in fact, these Santa Claus rallies seem fairly ho-ho-ho hum."

 

contrarian indicator? time to go 200% long? ;)

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I'm way "behind" on the thread, but per request (30 mins, not print ready)

 

When you want to serve the very best!

 

? 2002 capitalstool.com

post-3-1040149756_thumb.jpg

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The USD days are numbered. I trade SF and have been watching foreign currencies very closely for over a year now. There was massive intervention today. In the past this meant that they would pump USD and trash all competing currencies. Their favorite whipping boy for the last 4 mos has been the SF.

 

Today the SF was hammered very badly and it has already recovered from a .75 USD attack in just a few hours. Forex doesn't buy this crap anymore and gold, which correlates to SF is telling us the same thing.

 

I am emboldened on the AU stock front after this massive intervention attempt failed so miserably. Bear in mind the USD matrix agents slammed the SF down about 6-7% just 4 months ago and it has fully recovered since that time and will make new yearly highs soon.

 

I don't think it is a matter of ammo. No one is buying these scare tactics anymore.

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Maybe if we all jump up and stomp at the same time we can shake the market down out of its tree. (Remember the old gag about how you could shake the earth out of its orbit if all Chinese jumped up and landed at the same time?)

 

Here we go....ONE....TWO....THREE....JUMP!

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Very nice ano. Very nice.

 

Is there some significance to calling it "Poo" instead of "stool"?

 

By the way, on Friday Night, the Stool Home Internet Telecommunications Network (SHITN) will be presenting The Capital Stool Gang.

 

Working on ass embling the panel, and syndication now. Another fine service of SHITN, the antidote to Crapvision.

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Firstly that was extra special this afternoon Gladiator.

Second duh Moderators thank Doc for being appreciative.

Third welcome new stoolies. wave.gif

 

 

Careful with that Rich- The way Prophet calcs the displaced moving average is kind of arbitrary. They just pick of the last few days of the MA and repeat it. More traditional means of trend change recognition are more reliable.

 

Uncle B and the Golden Stool. Wooo!

 

 

Stoolwethers.--eewwwe.

 

Doc which means of trend change do you find most reliable.

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do you stoolies see this comouter programm right now? Go to 1 min charts and you will see it, perfect 45 degrees trednline since 10 mins.

 

oups, now it broke :lol:

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Just spoke with a person in charge of trash here in rainy Mountain View. She thinks she can predict the direction of the markets by the volume of trash collected. More trash, higher market. Less trash, look out below. A leading and potentially a stinking indicator.

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I'm way "behind" on the thread, but per request (30 mins, not print ready)

 

When you want to serve the very best!

 

? 2002 capitalstool.com

i can almost smell it

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