aussiebear Posted September 1, 2015 Report Share Posted September 1, 2015 Early openers limping into action: Kiwis -0.6%, Aussies -0.6%, Nikkei -1.2% and Sth Korea -0.2%.Most Aussie sectors down led by Gold and Utilities, both -1.7% with Energy the main upward mover, +1.8%. Link to comment Share on other sites More sharing options...
aussiebear Posted September 1, 2015 Author Report Share Posted September 1, 2015 https://au.finance.y...com/intlindices Link to comment Share on other sites More sharing options...
aussiebear Posted September 1, 2015 Author Report Share Posted September 1, 2015 http://money.cnn.com...s/morning_call/http://www.kitco.comhttp://www.kitconet....ase_metals.html https://au.finance.y...com&s=CLV15.NYM Link to comment Share on other sites More sharing options...
aussiebear Posted September 1, 2015 Author Report Share Posted September 1, 2015 http://www.engrish.com/2014/06/right-this-way-mam/ Link to comment Share on other sites More sharing options...
MisFit Kid Posted September 1, 2015 Report Share Posted September 1, 2015 Overnight action looking shaky...... He was a hairy bear..... He was a scary bear........ Link to comment Share on other sites More sharing options...
DrStool Posted September 1, 2015 Report Share Posted September 1, 2015 LATEST POSTS Can’t We All Just Get A Long August 31, 2015 Link to comment Share on other sites More sharing options...
fxfox Posted September 1, 2015 Report Share Posted September 1, 2015 I think this one is a must read: http://wallstreetexaminer.com/2015/08/correction-will-likely-lead-another-painful-bear-market/ Doc, do you have any critique regarding this article? I think it makes sense, just the time series is not long enough, would be better to have data going back to at least the mid 1960s or so and it seems that following that concept one would have gone long way to early in the 2002-2003 bear. Link to comment Share on other sites More sharing options...
aussiebear Posted September 1, 2015 Author Report Share Posted September 1, 2015 A bearish one for All Ords with the index finishing -2%. With the exception of Gold -0.5%, sectors went over the cliff: Financials -2.6%, IT -2.4% and Energy -2.3% were the worst hit.A similar story in Asia: China -1.2%, Hong Kong -2.2%, India -2.6% and Nikkei -3.8%. UK/Europe down around 3%: https://au.finance.yahoo.com/ Link to comment Share on other sites More sharing options...
Jetlag Posted September 1, 2015 Report Share Posted September 1, 2015 That's why I prefer a mixture of indicators. If you stick to just one you are taking a very high risk, especially when it stops working, which may happen. For example the lagged eurodollar positions in 2013 didn't work (were pointing at a top). Some say it was because of QE, but we won't know until it starts working again, or not. Link to comment Share on other sites More sharing options...
DrStool Posted September 1, 2015 Report Share Posted September 1, 2015 Haven't had time to read the Felder piece. I think it's a bear market. Link to comment Share on other sites More sharing options...
Jetlag Posted September 1, 2015 Report Share Posted September 1, 2015 Basically it's the NYSE margarine indicator. Link to comment Share on other sites More sharing options...
DrStool Posted September 1, 2015 Report Share Posted September 1, 2015 spx 2 day cycle projection 1941 done. Link to comment Share on other sites More sharing options...
DrStool Posted September 1, 2015 Report Share Posted September 1, 2015 5 day ditto. Link to comment Share on other sites More sharing options...
DrStool Posted September 1, 2015 Report Share Posted September 1, 2015 New 5 day cycle projection 1927 essentially done. 2 day cycle projection 1934 blown out. More so on the 3 day. So if 1927 doesn't hold, I don't know how low this will go by that method. Link to comment Share on other sites More sharing options...
DrStool Posted September 1, 2015 Report Share Posted September 1, 2015 Slight possibility of support around 1910-1918, Otherwise all the way to the low around 1863. Link to comment Share on other sites More sharing options...
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