Night Stool - Weakend Edition - Stool Pigeons Wire Message Board

Night Stool - Weakend Edition Sliding Down The Slippery Slope Rate Topic:

#1 richmtn

Clinical Professor of Stock Proctology

Group: Members
Posts: 9,004
Joined: 24-October 01

Post icon Posted 07 December 2002 - 04:05 PM

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

Posted Image

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.bigchart...com/markets.asp

FT World News

Foreign Exchange Rates - Major Currencies

CRB Index
Posted Image

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
Posted Image

NDX Futures Link

S&P 500 Future
Posted Image

S&P Futures Link

Back to top of the page up there ^
MultiQuote
Reply

#2 richmtn

Clinical Professor of Stock Proctology

Group: Members
Posts: 9,004
Joined: 24-October 01

Posted 07 December 2002 - 04:08 PM

To See the Asian Markets Live Charts Click Here
Asia At A Glance Fast Loading

The US Dollar
Posted Image

24 hours Gold spot price
Posted Image

See Stool's Gold with Yosh and Doctor Au for a complete gold report.
Gold and Silver
Posted Image

Gold.
Gold Stock Index
Posted Image

Trannies.

DOW Transports

Don't forget about Doc's great resource center.

Back to top of the page up there ^
MultiQuote
Reply

#3 richmtn

Clinical Professor of Stock Proctology

Group: Members
Posts: 9,004
Joined: 24-October 01

Posted 07 December 2002 - 04:12 PM

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.

Back to top of the page up there ^
MultiQuote
Reply

#4 Guest_The CoinGuy_*

Group: Guests

Posted 07 December 2002 - 04:26 PM

Hello Rich,

Just passing through, but wanted to let you know this Stoolizen thinks you're doing a good job here. :rolleyes:

I roll through every night, to see what you're up to...

The CoinGuy

Back to top of the page up there ^
MultiQuote
Reply

#5 richmtn

Clinical Professor of Stock Proctology

Group: Members
Posts: 9,004
Joined: 24-October 01

Posted 07 December 2002 - 04:41 PM

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.

Attached image(s)

Back to top of the page up there ^
MultiQuote
Reply

#6 Guest_AssMaster_*

Group: Guests

Posted 07 December 2002 - 04:49 PM

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).

Back to top of the page up there ^
MultiQuote
Reply

#7 richmtn

Clinical Professor of Stock Proctology

Group: Members
Posts: 9,004
Joined: 24-October 01

Posted 07 December 2002 - 04:59 PM

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.

Attached image(s)

Back to top of the page up there ^
MultiQuote
Reply

#8 Yoshaviah

Assistant Professor of Stock Proctology

Group: Members
Posts: 3,309
Joined: 26-November 01

Posted 07 December 2002 - 09:44 PM

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 :ph34r:

Back to top of the page up there ^
MultiQuote
Reply

#9 The End

Anything is possible!

Group: Moderators
Posts: 10,077
Joined: 18-February 02

Posted 07 December 2002 - 10:09 PM

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:

NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.

--Waters

Back to top of the page up there ^
MultiQuote
Reply

#10 Yoshaviah

Assistant Professor of Stock Proctology

Group: Members
Posts: 3,309
Joined: 26-November 01

Posted 07 December 2002 - 10:19 PM

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:

Back to top of the page up there ^
MultiQuote
Reply

#11 Hoodwinked

Bachelor of Stock Proctology

Group: Members
Posts: 502
Joined: 01-August 02

Posted 07 December 2002 - 11:13 PM

Yosh....ProFunds also has a metals & miners fund.....

Back to top of the page up there ^
MultiQuote
Reply

#12 IrishJew

Stock Proctology Intern

Group: Members
Posts: 290
Joined: 13-February 02

Posted 08 December 2002 - 12:37 AM

Yosh,

did I hear you right? Copper?

Are you expecting an industrial rebound?

IJ

Back to top of the page up there ^
MultiQuote
Reply

#13 ThorAss

Clinical Professor of Stock Proctology

Group: Moderators
Posts: 7,515
Joined: 31-October 01

Posted 08 December 2002 - 01:01 AM

... or FCX which has got lots of Au as well. This is not a recommendation but if you like copper ...

I have many opinions; but I strive not to act on them.

Back to top of the page up there ^
MultiQuote
Reply

#14 Yoshaviah

Assistant Professor of Stock Proctology

Group: Members
Posts: 3,309
Joined: 26-November 01

Posted 08 December 2002 - 01:17 AM

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