FeedFool Posted March 3, 2003 Report Share Posted March 3, 2003 nasty will go where Microcrash will go. Link to comment Share on other sites More sharing options...
PileDriver Posted March 3, 2003 Report Share Posted March 3, 2003 well we didn't get my "gap down open on Monday" but it sure wasn't pretty. (in answer to your question, that comment was purely gut/impulsive after studying the situation and seeing so many nervous bears on M2M) richmtn, I hope you're right on HUI cuz I've had enough of this "scarey bull market correction stuff" Glad I didn't pick RGLD - Ouch! Link to comment Share on other sites More sharing options...
FeedFool Posted March 3, 2003 Report Share Posted March 3, 2003 long tem Microcrap chart Link to comment Share on other sites More sharing options...
FeedFool Posted March 3, 2003 Report Share Posted March 3, 2003 Long term Joke stocks holders are packing their bags. Link to comment Share on other sites More sharing options...
PileDriver Posted March 3, 2003 Report Share Posted March 3, 2003 Feed, the light is finally starting to go off. 3rd inning of a 9 inning game. :grin: We've only just begun. Link to comment Share on other sites More sharing options...
FeedFool Posted March 3, 2003 Report Share Posted March 3, 2003 Feed, the light is finally starting to go off. 3rd inning of a 9 inning game. :grin: We've only just begun. yes. If u look at the $compq and VXN ratio chart then one will see the real picture. Real money is made shorting gap and crap move and staying shorts. Shorting on the last leg is a fool?s game. Link to comment Share on other sites More sharing options...
Guest Posted March 3, 2003 Report Share Posted March 3, 2003 Friday and Monday SPX, VIX Overlay 10 Minute Chart Link to comment Share on other sites More sharing options...
Guest Posted March 4, 2003 Report Share Posted March 4, 2003 Link to comment Share on other sites More sharing options...
richmtn Posted March 4, 2003 Author Report Share Posted March 4, 2003 Pile the operative cycle for gold seems to be 81 trading days (ROC 41). Think of it like Doc's 10-13 week cycle for stocks. The good news is that most of the downside damage in this cycle has probably been done. The bad news is that it looks like at least the next four weeks has risk of more price erosion or at best a SWUP. A cycle of 162 days is in an early down phase so I wouldn't look to take out the blowoff top any time soon. Of course WAR could do funny things to gold. A cycle of 243 days bottomed in Dec. 2002 so after this dip it is having now it should help to the upside in 4-6 weeks. But what the hey do I know. Link to comment Share on other sites More sharing options...
Metamucil Posted March 4, 2003 Report Share Posted March 4, 2003 Nice picture today. Now we need follow through........... SPX behaved brilliantly at 853 resistance and then proceeded to break Gann 45 degree support on the daily, just above 846. Next major stop is 818. Note the ROCs for the 7 and 13 week cycles are rolling over quite nicely. NDX 969 should prove temporarily shportive..... I will only dong miners if/when HUI is above 155. The HUI is still above the rising 150dMA...and is technically still a bull......but the overhead is going to need some dedicated digestion. This stuff is all secondary to Doc's CMAPS........ Link to comment Share on other sites More sharing options...
Metamucil Posted March 4, 2003 Report Share Posted March 4, 2003 Oops, here is the HUI chart; daily Link to comment Share on other sites More sharing options...
richmtn Posted March 4, 2003 Author Report Share Posted March 4, 2003 Great work one and all. Many thanks for the great insight. :grin: :grin: :grin: CRB looks like it may want to roll over soon. It seems to run in long cycles. I wonder what MH has to say. Link to comment Share on other sites More sharing options...
anoscope Posted March 4, 2003 Report Share Posted March 4, 2003 too funny.. splish splash I was taking a bath.. but wait til you see what happens..very cute! ano http://download.consumptionjunction.com/mu...ia/cj_17675.swf Link to comment Share on other sites More sharing options...
anoscope Posted March 4, 2003 Report Share Posted March 4, 2003 marketwatch.com upgraded QQQ to neutral (accumulate) from avoid (short) notes: trend line resistance 25.91 support 24.51 resistance 25.91 says up/down price shows acumulation, the 10 and 21 day price slope is 'up' beta 1.30 .u/d ration is 0.9 (ups/total days). the adxr is 15 (not a solid buy at all) money flow slope up this rating I always treat as 'channelling stocks' type of rangebound recommendation with stops above below depending on long/short position. Link to comment Share on other sites More sharing options...
anoscope Posted March 4, 2003 Report Share Posted March 4, 2003 who is the mystery gal? Link to comment Share on other sites More sharing options...
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