richmtn Posted December 7, 2002 Report Share Posted December 7, 2002 We've moved Night Stool back over to the main board page for easier navigation. Please feel free to add what you want onto the thread. Only one rule on Night Stool. No Whining Night Stool logo by anascope. 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 Future NDX Futures Link S&P 500 Future S&P Futures Link Link to comment Share on other sites More sharing options...
richmtn Posted December 7, 2002 Author Report Share Posted December 7, 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 7, 2002 Author Report Share Posted December 7, 2002 Here is a chart I've been playing with. Shows the relationship of the Q's to the QQV. I've got it inverted so that up is up and down is down. As you can see the line coordinates with the cash market. It shows the Feb.-March rally and subsequent decline. If you would have ridden this line you would have done very well indeed. Close examination shows it gives advance warning of direction changes. Whoops! It looks like we just had one and there is plenty of room below. Link to comment Share on other sites More sharing options...
Guest The CoinGuy Posted December 7, 2002 Report Share Posted December 7, 2002 Hello Rich, Just passing through, but wanted to let you know this Stoolizen thinks you're doing a good job here. I roll through every night, to see what you're up to... The CoinGuy Link to comment Share on other sites More sharing options...
richmtn Posted December 7, 2002 Author Report Share Posted December 7, 2002 Night Stool is gearing up to do intermediate-term analysis and trading. We hope this will be educational. As in we will learn together. Remember we are all supposed to be big boys and girls here. Do you own homework. Your trades are your responsibility. Please add your ideas, questions and input. Over the next few days we will slowly get warmed up . This is going to be a top down approach. Emphasis will be on price based indicators although secondary indicators, like the chart above, will be used for fine tuning and to give heads up. This first chart is an attempt at price Rate Of Change (ROC) for a 40 year period. Big picture. It's not surprising at how well it conforms to the price chart. It is clearing heading lower and will probably do so for many years. One of the nice things about the bubble peak of 2000 is that it provides an anchor point for judging where we are now in the various cycles. We shall see as we go along the long term cycles all peak between 1999 and mid 2000. Monthly 40 year ROC. Link to comment Share on other sites More sharing options...
Guest AssMaster Posted December 7, 2002 Report Share Posted December 7, 2002 What do you think of those overhead gaps on SMH (27.5-28), AMAT (15.6-15.8) and KLAC (41-42.25). I am considering a scenario for next week, where they go up to suck in the trend followers, down to flush them out and then up to fill those gaps, overshooting up a bit, then down to lower support areas (KLAC 34, AMAT 13, SMH 23). Link to comment Share on other sites More sharing options...
richmtn Posted December 7, 2002 Author Report Share Posted December 7, 2002 Welcome aboard CoinGuy and thanks. :grin: This here chart is an attempt at the 5, 6, 7 and 10 year ROC's. They seem to peak in 1999 and 2000. As we go along I will try to isolate the actual peaks. Of course with longer term cycles peaks can last for months or even years. This is a weekly chart. I am using the S&P as it is easier to isolate the cycles. The Nasty is more difficult. In general these two indices move in sync so the S&P can be used as a proxy for the Nasty. Check out that 10 year (250 ROC). Beautiful smooth curve and top. Check out the right side. Now starting to move below the zero line. In case you are keeping score and think my math is whacked I use lengths approximately half of the desired period. Link to comment Share on other sites More sharing options...
Yoshaviah Posted December 8, 2002 Report Share Posted December 8, 2002 I have 2 questions for the smart guys. Does anyone know if there is a ryder fund for gold or gold miners, leveraged or otherwise? How would I go about investing in copper? Help Link to comment Share on other sites More sharing options...
The End Posted December 8, 2002 Report Share Posted December 8, 2002 Yosh, I believe Rydex does have a gold fund. The way a guy without a futures license invests in copper is thru Phelps Dodge. PD :wink2: Link to comment Share on other sites More sharing options...
Yoshaviah Posted December 8, 2002 Report Share Posted December 8, 2002 Thanks End. You wouldn't happen to know the name of the fund or how I could find it would you? I don't really understand how I can invest in copper through an auto dealership :grin: Link to comment Share on other sites More sharing options...
Hoodwinked Posted December 8, 2002 Report Share Posted December 8, 2002 Yosh....ProFunds also has a metals & miners fund..... Link to comment Share on other sites More sharing options...
IrishJew Posted December 8, 2002 Report Share Posted December 8, 2002 Yosh, did I hear you right? Copper? Are you expecting an industrial rebound? IJ Link to comment Share on other sites More sharing options...
ThorAss Posted December 8, 2002 Report Share Posted December 8, 2002 ... or FCX which has got lots of Au as well. This is not a recommendation but if you like copper ... Link to comment Share on other sites More sharing options...
Yoshaviah Posted December 8, 2002 Report Share Posted December 8, 2002 Irish Jew, I'm not looking for a rebound in industry. There is a reason why pennies are no longer 100% copper (now just copper plated). I hope to buy some copper when the price bottoms out simply because it has to at least hold it's value, or go up with inflation. Even aluminum cans have some value. And highway railing is worth something. That Greenspan really scares me Link to comment Share on other sites More sharing options...
richmtn Posted December 8, 2002 Author Report Share Posted December 8, 2002 Yosh I've been hoarding pennies for years. I knew they'd amount to something. Uh you say they're plated. Sh*t. ************************ Klac looks like it could take a big fall. Chart looks pretty bad. So is business I imagine. Link to comment Share on other sites More sharing options...
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