MrHanky Posted January 28, 2003 Report Share Posted January 28, 2003 I could not help myself on that one,I just e mailed crammer a letter telling him what i thought...I just can't believe the crap that comes out of his mouth. uggh Link to comment Share on other sites More sharing options...
HardAssets Posted January 28, 2003 Report Share Posted January 28, 2003 Hi all. Volume is decisively positive today. I agree with SG we his upward target today or tomorrow morning. Market has been too patient - it needs a little squeeze me thinks. I am short and holding through this turbulent time. Link to comment Share on other sites More sharing options...
The End Posted January 28, 2003 Report Share Posted January 28, 2003 Double Top? either way i'm stayin' right where i am. Link to comment Share on other sites More sharing options...
MrHanky Posted January 28, 2003 Report Share Posted January 28, 2003 ready to load up on drcvx if this rally continues into the close...I hope we close at the highs today. Link to comment Share on other sites More sharing options...
PileDriver Posted January 28, 2003 Report Share Posted January 28, 2003 me too TE, I'm all snug and comfy in my shorts :grin: Link to comment Share on other sites More sharing options...
Takachi Posted January 28, 2003 Report Share Posted January 28, 2003 Doc, the stooltrader QQQ chart is red Xed. Link to comment Share on other sites More sharing options...
Charliss Posted January 28, 2003 Report Share Posted January 28, 2003 I could not help myself on that one,I just e mailed crammer a letter telling him what i thought...I just can't believe the crap that comes out of his mouth. uggh Good for you. I am doing just that myself. Not only are these people idiots, they are morally and ethically revolting, and by implication that goes right up the ladder. Link to comment Share on other sites More sharing options...
PileDriver Posted January 28, 2003 Report Share Posted January 28, 2003 ready to load up on drcvx if this rally continues into the close...I hope we close at the highs today. that did well yesterday. Think I'll add some RYTPX at close. Still have some new found pin-money to play with. Link to comment Share on other sites More sharing options...
fxfox Posted January 28, 2003 Report Share Posted January 28, 2003 if you cant help yourselve than go to cutlows message board: kudlows message board i like best: "Posted On 12/31/2002 By: Sir Lawrence of Betty Ford Topic: Kudlow is a Crakc Head'd Market fornicateUp! Description: GO BACK TO BETTY FORD YOU LOSER, AND TAKE THAT OTHER SIDE SHOW CARNIE... CRAMMER; WITH YOU. YOU fornicateIN CROOK'D UP, COKE'D UP fornicateUP!" Link to comment Share on other sites More sharing options...
machinehead Posted January 28, 2003 Report Share Posted January 28, 2003 According to Yahoo Finance News, "Food sales for Super Bowl parties lifted U.S. retail demand in the latest week." The old bootstrap technique, eh? It's only a matter of time before public service announcements take up the old Burger King tag line, asking us plaintively, "Aren't you HUNGRY?" Link to comment Share on other sites More sharing options...
fxfox Posted January 28, 2003 Report Share Posted January 28, 2003 sorry that i ask again, but i must really know for sure: to get the NDX value, must i multply QQQ's with 40 or with 40.25? i ask cause i only get QQQ's delayed, only NDX in realtime. Link to comment Share on other sites More sharing options...
Dustbowl Posted January 28, 2003 Report Share Posted January 28, 2003 FXFOX--Thanks for the link. Seems I am not the only one who detests that elitist attitude that Krudlow has. Link to comment Share on other sites More sharing options...
GregFokker Posted January 28, 2003 Report Share Posted January 28, 2003 According to Yahoo Finance News, "Food sales for Super Bowl parties lifted U.S. retail demand in the latest week." The old bootstrap technique, eh? It's only a matter of time before public service announcements take up the old Burger King tag line, asking us plaintively, "Aren't you HUNGRY?" Good to see you, Machinehead. You've been missed. Link to comment Share on other sites More sharing options...
sweefraapp Posted January 28, 2003 Report Share Posted January 28, 2003 Fox: I think it is in between those multipliers. Try the open and close prices from past days to check. It's never easy is it. Link to comment Share on other sites More sharing options...
Guest Posted January 28, 2003 Report Share Posted January 28, 2003 Doc, I agree that they are basically trend followers. A good part of TA is charts and the trend is generally continued and that is why they are so valuable. Some people put great stock in one indicator like P/C ratios. Joe Duarte is a good example. He also seems to think that equity P/C ratio levels and index P/C ratios indicate the same direction for the market. My point is that conventional wisdom about reading equity put/call ratios seems to be incorrect. I see a number of people on this site making trading decisions based on the P/C ratios and I think thye are making a misteak. Since these numbers jump around quite a bit a person studying them needs to use moving averages to see a trend. This is what The End's chart did. I think it showed the falicy of conventional wisdom. Even with moving averages, large variations like OE will fowl up the trend but enough is left to be of value. Let me give some examples to show my point and that way anyone wanting to dispute it can do so. On Dec 3, 2002 my equity P/C indicator went BEARISH. The reading was a HIGH 0.83. It stayed solidly bearish until 12/20/2002 when it went mixed. The SPX went from 920 to 895. On Dec 30,2002 my equity P/C indicator went solidly BULLISH. The reading was a LOW 0.60. It stayed solidly bullish until 1/14/2003 when it went mixed. The SPX went from 879 to 931. These indicators were right fo long periods. My accuracy reading on equity P/C ratios in the direction noted in 67% over the last 6 months. SG is better but most fund managers are worst. Since that time it has been mixed. For example, yesterday was bearish at 0.79 and today is bullish at 0.51. I consider that mixed because there isn't any trend so I have to rely on other indicators. They are mostly bearish so I am 100% short. Amazingly, the little guy that is buying puts seems SMART. like B4 says, "Trade Safe" Link to comment Share on other sites More sharing options...
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