Rationalize Posted October 12, 2009 Report Share Posted October 12, 2009 I find this all very disturbing.. -- from a link on M2M. There are some talented con men out there. I didn't realize that Armstrong is a convicted mini-Madoff. :ninja: http://www.scribd.com/doc/20800127/The-New-Yorker-article Link to comment Share on other sites More sharing options...
Trader Joe Posted October 12, 2009 Report Share Posted October 12, 2009 Just sayin'...... Link to comment Share on other sites More sharing options...
Rationalize Posted October 12, 2009 Report Share Posted October 12, 2009 Spoozer dungcommon fraudex took a swing at 1070 in the night session and whiffed 1070 blaSSted Link to comment Share on other sites More sharing options...
swordfish Posted October 12, 2009 Report Share Posted October 12, 2009 I dont see any limit -up up up till you drop, up up up Link to comment Share on other sites More sharing options...
swordfish Posted October 12, 2009 Report Share Posted October 12, 2009 Interesting developments as markets are turning in a bullish mode again. Not a real surprise as we raised our SHORT-TERM rating from ‘Neutral’ to ‘Long’ last week. Furthermore, our SENTIMENT indicator worsened the last few days after the SELL signal on the 1st of October. This needs some explanation. This indicator is not suggesting an immediate decline in prices, but it is telling us there is a trend change coming. So, we are a little bit cautious here as this indicator has an excellent track record since the beginning of 2008 when we started to follow this indicator closely. We have no signs of a reversal so we stick to our current ‘Long’ position for the SHORT-TERM. Besides we are holding our INTERMEDIATE-TERM ‘Short’ position as we are still expecting a correction between here and the December ’09 expiration. We will increase this position when we believe we have achieved a HIGH in the market. Our worries for a next decline have been confirmed by the DECREASING volumes in this rally during the last few months. We enclosed the daily chart of the Eurostoxx50 Index with the money flow chart below. PLEASE, NOTICE THE MONEY FLOW IS MAKING A NEW LOW WITHIN THE CURRENT CONSOLIDATION. THIS IS POINTING TO DISTRIBUTION…..EQUITIES WILL BE SOLD FROM STRONG HANDS INTO WEAK HANDS….. THIS BEARISH DIVERGENCE IS A NORMAL SITUATION BEFORE A LARGER CORRECTION STARTS…… We consider volume as EXTREMELY important within technical analysis as VOLUME LEADS PRICE….. All in all, the short-term daily charts are bullish. But our SENTIMENT INDICATOR and VOLUMES are pointing to a trend change in the coming weeks. So, please be prepared for a sudden trend change. Below our KEY markets……. BUND……..Please, read our comments in the ‘Trend Monitor’. The BUND is back in a trading range again. A break above 123 is required for a buy signal and should be followed by a correction in the equity markets…. VIX……Volatility is under pressure. The weekly chart is showing a longer-term trend change after the violation below the longer-term trend line in 27 in July. This trend line has successful been tested in the past few weeks. This trend change is pointing to a lower volatility in the coming months. Solid longer-term horizontal support is coming in between 18.00 and 16.50. The expectation of a longer-term lower volatility is confirming the bullish undertone for the markets. For the short-term, a close below 22.90 is suggesting a continuation of the downtrend. As long as the 22.90 support level remains intact we should see a short-term trading range between 22.90 and 30.00. EUR/USD……Please, read our comments in the ‘Trend Monitor’. Bullish undertone remains intact. A break above the 1.4855 resistance barrier would suggest a continuation of the short-term rally in equities. EUR/JPY……Successful test lower end trend channel followed by a recovery. A close above the EMA-200 line and MA-50 line, both around 133.75, is suggesting a further rally to the strong horizontal resistance level at 138.50. A rising EUR/JPY is suggesting higher equity prices. ITRAXX…….The chart is showing a consolidation below the horizontal resistance level at 102, still suggesting the possibility of a resumption of the longer-term downtrend below the 80 level. This is suggesting a further decline to the solid horizontal support level around 65, which would be bullish for equities. TRANSPORTS…….Rising trend was broken below 3,850 at the end of September. Upside potential is limited to the former trend line around 3,980 and the horizontal resistance level around 4,090. We consider this as the beginning of a trend change, followed by lower prices. ------------------------------------------------------------------------------- The information displayed is for information purposes only. Even though the information displayed is believed to be reliable, no representation or warranty is made to that effect. ING Bank accepts no liability for any loss arising from use of the displayed information, or otherwise arising in connection therewith. ING may hold positions or engage transactions in any of the securities mentioned herein. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted October 12, 2009 Report Share Posted October 12, 2009 Battling Price targets on Bye Doo..... Sheetygroup.....480 !! Doitch Bank.....Downgrade .......411 !! reasoning ?.... "it's high" Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 12, 2009 Report Share Posted October 12, 2009 Battling Price targets on Bye Doo..... Sheetygroup.....480 !! Doitch Bank.....Downgrade .......411 !! reasoning ?.... "it's high" Should had set it at 311 if they want it down. Link to comment Share on other sites More sharing options...
Rationalize Posted October 12, 2009 Report Share Posted October 12, 2009 ES looking a bit droopy pre-cash open. Link to comment Share on other sites More sharing options...
Jetlag Posted October 12, 2009 Report Share Posted October 12, 2009 Sheepest dollah schlocks 'eva "Overseas investors that hold almost $2.5 trillion in U.S. equities are getting a bigger slice of corporate America with each euro, yen and pound they spend just as S&P 500 companies from PepsiCo Inc. to General Electric Co. post higher overseas sales. While more losses in the dollar would cut returns, the last time U.S. stocks were this inexpensive, in 2003, the S&P 500 began a four-year, 62 percent advance. “What you’re getting is the opportunity to buy global companies that have become cheaper because of the dollar and more competitive,” said Antony Gifford, a London-based manager at Henderson Global Investors, which oversees $87 billion. “If you can buy global secular growth at a discount because it’s dollar listed, then why wouldn’t you?” " http://www.bloomberg.com/apps/news?pid=206...id=aT1nPG0YoeYo Link to comment Share on other sites More sharing options...
phatbubble Posted October 12, 2009 Report Share Posted October 12, 2009 I find this all very disturbing.. -- from a link on M2M. There are some talented con men out there. I didn't realize that Armstrong is a convicted mini-Madoff. :ninja: http://www.scribd.com/doc/20800127/The-New-Yorker-article I spent a while with his stuff yesterday. Sounds like he created/identified a model of significant value (whether or not he can spoonfeed it to the rest of us clearly in his Selectric missives). Also sounds like he provided the PTB with enough rope, via his murky fund management practices, to receive a full dose of Unpleasantry from them when he didn't cooperate and hand over the goods. His call on Oct 87 was pretty sharp. I threw together a spreadsheet with his 8.6 year and 8.6 month interim peaks, and his 6 year intensity/volatility cycle, and I could see exactly what he was talking about. Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2009 Report Share Posted October 12, 2009 Precious Metals Update 10/12/09 – Professional Edition by Lee Adler, Monday, October 12, 2009, in Precious Metals, Professional Edition | Permalink |Comments (0) Edit Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing trades. Indispensable daily information for gold and precious metals stocks traders. Click here to download complete report in pdf format (Professional Edition Subscribers).Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. Link to comment Share on other sites More sharing options...
Drano Posted October 12, 2009 Report Share Posted October 12, 2009 Welcome back Aussie! ! ! ! Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 12, 2009 Report Share Posted October 12, 2009 THERE GOES BIDUUU!!!! YEHAA!! Link to comment Share on other sites More sharing options...
Lemur Posted October 12, 2009 Report Share Posted October 12, 2009 Was looking through some of the currency trading systems on fx-auto this morning and some crowd - 'Kesef' software house demonstrate amazing performance. Its not the case that they just have one or two 'lucky' systems which is pretty common among forex signal providers. http://www.fxcm.com/forex-system-selector.jsp System Pips Broker Bio Breaker NH 76457 Gamete Game Maker NH 34680 Secretory Rate NH 25389 Lipid Mobilization NH 6165 Xchange chromosome NH 3250 Cytoplasmix NH -893 Oxidative Stress balancer NH -2644 Peptide Synthesis NH -5953 Electrophysiology Advisor NH -36833 Grand Total 99619 Total performance (time period is 2-3 months depending on the system), 99619 pips (this is independently verified). Wondering why I am working so hard trying to trade when maybe I could get these guys to do it for me. Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2009 Report Share Posted October 12, 2009 New Mr. Widget shows resistance around 1081 but 5 hr cycle projection is 1082.50 Link to comment Share on other sites More sharing options...
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