richmtn Posted December 18, 2002 Report Share Posted December 18, 2002 Only one rule on Night Stool. No Whining Night Stool logo by anoscope. If the live charts don't update you need to refresh your screen. We don't know and neither do they. Doc Economic Calendar Calendar Earnings Calendar Market Summary and Diary, Adv Dec by Volume and Issues, New Highs and Lows https://www.bigcharts.com/custom/scottrade-...com/markets.asp FT World News Foreign Exchange Rates - Major Currencies CRB Index CRB Components World Indices The Big One. Almost everthing at a glance. THE Big Picture. The Big One Money Flow and Mr. Market. Follow the Money. TOCOM Heavy Metal and Commodes Globex Flash Quotes MRCI Quotes Quotes Quotes NDX Futures NDX Futures via Livecharts NDX QUOTE from LIVECHARTS S&P 500 Futures S&P Futures via Livecharts S&P 500 QUOTE from LIVECHARTS Link to comment Share on other sites More sharing options...
richmtn Posted December 18, 2002 Author Report Share Posted December 18, 2002 To See the Asian Markets Live Charts Click Here Asia At A Glance Fast Loading The US Dollar 24 hours Gold spot price See Stool's Gold with Yosh and Doctor Au for a complete gold report. Gold and Silver Gold. Gold Stock Index Trannies. DOW Transports Don't forget about Doc's great resource center. Link to comment Share on other sites More sharing options...
richmtn Posted December 18, 2002 Author Report Share Posted December 18, 2002 For explanations of terms with some instruction try these links: Chart School at Stockcharts.com. Type phrase in search box Investopedia.com Also don't forget Doc's Stoolhoo. VIX VXN QQV Put/Call Ratio Bullish Percentage Indices A fleet of BPI's Link to comment Share on other sites More sharing options...
richmtn Posted December 18, 2002 Author Report Share Posted December 18, 2002 The Nick Me and the Dowager are now neck and neck. How do the Japanese feel about the prospects of a weak dollar policy? We can see how gold bugs feel. DOW dips below 50 day moving average. Score: DOW 8447, Nikkei 8344. Link to comment Share on other sites More sharing options...
EasyAl Posted December 18, 2002 Report Share Posted December 18, 2002 I would have gotten out today A woman awakes during the night, and her husband isn?t in bed with her. She goes downstairs to look for him. She finds him sitting at the kitchen table with a cup of coffee in front of him. He appears to be in deep thought, just staring at the wall. She watches as he wipes a tear from his eye and takes a sip of his coffee. "What's the matter, dear?" she asks. "Why are you down here at this time of night?" The husband looks up from his coffee, "Do you remember 20 years ago when we were dating, and you were only 16?" he asks solemnly. "Yes, I do," she replies. "Do you remember when your father caught us in the back seat of my car making love?" "Yes, I remember," says the wife, lowering herself into a chair beside him. The husband continues, "Do you remember when he shoved the shotgun in my face and said, 'Either you marry my daughter, or I'll send you to jail for 20 years??" "I remember that, too," she replies softly. He wipes another tear from his cheek and says, "I would have gotten out today." Link to comment Share on other sites More sharing options...
richmtn Posted December 18, 2002 Author Report Share Posted December 18, 2002 This is a comparison between the Bullish Percentage Index and the Cash Index. Bullishness is falling faster than the prices. Beautiful onion top. Link to comment Share on other sites More sharing options...
EasyAl Posted December 18, 2002 Report Share Posted December 18, 2002 The reason for Richmtn's addiction to lawn mowing Link to comment Share on other sites More sharing options...
richmtn Posted December 18, 2002 Author Report Share Posted December 18, 2002 Easy Al out of control Nasdaq 100 (Mar. 2003) (CME:ND03H) 6:39pm ET 1020.50 -25.50 (2.43%) :grin: Check out all the similarities with last year at this time. As Night Stool continues it's intermediate-term analysis we will look for differences. :wink2: Link to comment Share on other sites More sharing options...
Guest Icky Twerp Posted December 19, 2002 Report Share Posted December 19, 2002 sincere question: why has gold made these jumps after American market close? Is it just because new demand is coming from Mid-East and Asia? Is it simply manipulation of the sort that GATA talks about? Or is allowing the POG to rise discreetly afterdark another form of pollution? Link to comment Share on other sites More sharing options...
Goldilocks Posted December 19, 2002 Report Share Posted December 19, 2002 Umm..... Kitco just showed me $351. INO just printed 352.1 as the last trade as of 10:38 pm on the page time stamp. Ktco does usually trail behind. This actually has me kind of worried. Hope it is just the squeeze. Link to comment Share on other sites More sharing options...
Slothrop Posted December 19, 2002 Report Share Posted December 19, 2002 The projected target for gold, using the 6-month triangle it just broke out of, is for 355. Essentially, we're there. But, it's happening with US markets closed, so I can't sell my mining stocks! By tomorrow morning, it could be back to 331! Link to comment Share on other sites More sharing options...
Goldilocks Posted December 19, 2002 Report Share Posted December 19, 2002 That is what is chapping my ass right now as INO reports a new high of $354.8. Freaking 3 day chart is parabolic. Link to comment Share on other sites More sharing options...
EasyAl Posted December 19, 2002 Report Share Posted December 19, 2002 Richard Russell talked some on short-squeeze. What different this time is that commercials are on the wrong end of the primary bullish trend. The Commercials (gold banks, mines who are hedged) had a large SHORT position of 100,000 gold futures on Dec. 3. By Dec. 10 they had increased their gold short position hugely, adding another 25,000 contracts to the short side. These shorts constitute added supply to the market. It's clear that the powerful Commercials do NOT want higher gold. In the great majority of cases, the Commercials will win the battle. But today the Commercials are fighting the primary trend of a bull market in gold. I'm not saying that the Commercials won't be successful in knocking gold down, but in rather rare instances the Commercials find they are on the wrong side of a powerful primary trend and they are losing the battle. If that happens, if they "give up" and decide that they can't beat the trend, then you can get a shorting panic as the Commercials panic. He also have some for nervious gold bugs. Thirty years ago a multi-millionaire and a very successful investor told me something I'll never forget. He said, "Russell, do you know why brokers never make real money in a bull market?" I confessed that I didn't know. He said, "Brokers never make real money in a bull market because they never believe their own bull shit."' I think it's the same thing with the gold mine shares today. Gold is rising, rising, but many "gold-bugs," probably most gold-bugs, don't believe their own BS. They don't really believe this is a building big bull market in gold. They simply don't believe it, and the gold stocks are acting that way. Wisdom of Richard Russell Link to comment Share on other sites More sharing options...
HardStoolGuy Posted December 19, 2002 Report Share Posted December 19, 2002 I'm short C like a lot of you guy's and I think it's been acting a little strange lately. Usually follows the markets but seems to have gotten some support under it later? esp. today. Any ideas?? Link to comment Share on other sites More sharing options...
sweefraapp Posted December 19, 2002 Report Share Posted December 19, 2002 Hard: Don't know. I'm looking at puts now. Suspect a fall is on the way. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.