coboy Posted April 1, 2003 Report Posted April 1, 2003 Where can I learn about this elusive concept of "price and time symmetry"? Any books, websites? Anyone want to volunteer to lead a forum? Someone throw us a bone here. Am very curious and very interested too. Good question, my alphanumeric bruddah! Price and time symmetry is Gann territory.. Here are lots of free Gann stuff.. Keyword is "free".. http://groups.yahoo.com/group/gannstudygroup/ Digesting that material is a lifelong journey
BigWave Posted April 1, 2003 Report Posted April 1, 2003 Were there any bad Hendrix albums? I don't think so.
Guest AssMaster Posted April 1, 2003 Report Posted April 1, 2003 Could it be possible that both SG and Doc are correct? I believe we could have what I believe Neely was referring to as an bowtie or contracting triangle into an exanding triangle with volatility exanding until we blast out one side or the other. Just a thought.
DrStool Posted April 1, 2003 Report Posted April 1, 2003 Coiled Like a Slinky 3/31/03 The economy is coiled like a spring. That, fellow stoolies, is Wall Street's latest catch phrase. The war, say the analcysts and portfolio sphincters, is causing consumers and business to delay purchases. As a result, once the war ends, they say, the economy will go BOING, powered by enormous pent-up demand. Of course, the stock market will soon have to begin discounting the miracle recovery just around the next bend. You'd better buy now, before it's too late! Doc has a few choice words, and explains why the Nasty 100 is likely to be the worst performing major index in the months ahead. Doc looks at the data, chronicles the short, intermediate and long term market cycles, and tells us how far down and how long it will take, with hot pictures of naked stock charts, the Long Bong Hit, Uncle Buck and the Golden Stool. Drop by your stock proctologist's office, and get the inside picture, all in the Anals tonight. Stoolies, log one in. If you're not a stoolie already, become one Now! And don't forget to join Doc during the market day in Stooltrading Beta as he plots the market's twists and turns for you, in advance yet!
wrecked him Posted April 1, 2003 Report Posted April 1, 2003 Doc Madame thinks you new avatar is much more becoming for a man of your stature. I asked her what she meant by this but all I got was a smile. Regards WH
coboy Posted April 1, 2003 Report Posted April 1, 2003 Will they allow another down day? PPT don't have a choice, no more bullets left and with so little shorts out there who will be buying? ...Oilman I thought the PPT propped the market by buying futures, and aren't futures settled in cash? If so, I would think they could just add the trading loss, if any, to the gov't deficit. If you are really big, I believe you can move the market in any direction you want and profit from it, too.. Go buy 5000 contracts, force all shorts to cover, ramp the market and dump all those 5000 contracts on the way up.. You pulled the market up and profited from it, too.. This is a perpetual motion profit machine, so don't even think PPT or Fed or whatever used all bullets...
mjkst27 Posted April 1, 2003 Report Posted April 1, 2003 DOC day old anals are NOT something you do to your friends!
DrStool Posted April 1, 2003 Report Posted April 1, 2003 Musta been a problem with the load. There now.
rayok Posted April 1, 2003 Report Posted April 1, 2003 Let's not get overly pessimistic. The $ is falling. Gold is rallying and the PMS continued up after a strong move Friday. Okay the candle we printed in certain circumstances could be viewed as negative but look back to October at this point in the last cycle. I thought we might print like Oct 23 falling back a bit. Instead we printed like Oct 29, a breakout with a pullback. So here's my prediction. A quiet inside day to the upside tomorrow, say close around 124.5. On Wed, a false start followed by a pullback to about 120. On Thurs we get a bullish engulfing closing on the HOD just under today's high. Fri we test back down to 124.5 then break-out above 127. We continue the rally into next week with a high reaching 136 +/- 4 before we get a pullback for the rest of April back to where we are now and the set up for the big May rally. At this point this is my only acenario, so I'll give it 100% chance of success. ?:grin: Great, but it means nothing if Cramer isn't selling them.
TheDeepBlueSea Posted April 1, 2003 Report Posted April 1, 2003 The Japanese Finance Minister can always be trusted to provide a laugh . . . Fin Min Shiokawa Wants Speculation To Stop Tuesday, April 1, 2003 TOKYO (Dow Jones)--In a firm warning to speculative traders, Japan's Finance Minister said Tuesday the authorities would intervene to counter rapid foreign exchange moves. "If the moves are a bit rapid, we will intervene," Masajuro Shiokawa told a regular press conference. "What were trying to say is 'stop speculating.' There were moves yesterday and today. Those kinds of speculative moves aren't good," he said, indicating that the government believes speculative trades are behind the yen's strengthening against the dollar over the last two days. He added that he understood that speculators were just doing their job, however.
Oilman Posted April 1, 2003 Report Posted April 1, 2003 It is taking a while Doc to get use to the Anals, but I am starting to appreciate it more each time as I find my way around it and learn to use it. It has a lot of imformation. Great weekend Anals and todays too. I have just one question Doc. Can I use multi computers with my password to log in? At this time it is not allowing me to log in at work. Any one have the same problem? Thanks in advance. Oilman
GregFokker Posted April 1, 2003 Report Posted April 1, 2003 The Japanese Finance Minister can always be trusted to provide a laugh . . . Fin Min Shiokawa Wants Speculation To Stop Tuesday, April 1, 2003 TOKYO (Dow Jones)--In a firm warning to speculative traders, Japan's Finance Minister said Tuesday the authorities would intervene to counter rapid foreign exchange moves. "If the moves are a bit rapid, we will intervene," Masajuro Shiokawa told a regular press conference. "What were trying to say is 'stop speculating.' There were moves yesterday and today. Those kinds of speculative moves aren't good," he said, indicating that the government believes speculative trades are behind the yen's strengthening against the dollar over the last two days. He added that he understood that speculators were just doing their job, however. Yep, that's hilarious. What's he gonna do, send traders "to their rooms?" Eifuku! Fukui! Yasuo... Fukudaaaa!
torah man Posted April 1, 2003 Report Posted April 1, 2003 BigCharts after hours quote on QQQ shows down by 82 cents from the close. Was there some tech stock warning I missed? 26.08 was the previous close, friday. someone painted it at the close and the after hours resumed from the real last value. window dressing for the fundies.
brian4 Posted April 1, 2003 Report Posted April 1, 2003 Made good coin today closed out some SPOO puts at the bottom-Now "I'm back in the Straddle again" Yee Haw! KACHING! Like my Amigo's END and DRIVER I expect a bounce but expecting in this environment can be fatal. We can either fall some more and then bounce or we can bounce from here or go straight down the CRAPPER. So I've got the Spoo's straddled tightly and I'm sure the market will tell me the direction. If we go down it will be to new lows, if we go up (probable) 896 to 905 should cap it and then we go to new lows. I think it's 60-40 odds we go up first. But 40% odds of an immediate cliff dive should not be discounted. Note one thing the market on the rally today had huge plus ticks and yet they couldn't hold and it cratered into the close. So HOW much ammo have they left??? With cash levels at 4.4% they just may have blown it! Trade Safe!
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