It is my wife's birthday also.  They say that age is just a number, but that number gets bigger and heavier as you get older.

Ralph

I think @es is a continuous contract

Thanks Mike,

Interesting stuff.  Where can I go to learn more?

Ralph

Ro-Ray!

Astro

Is it me, or does his ancestoral tree go back to Barney Rubble?

Ralph

Yes, the second year of a presidential term is usually the 4 year low.  Also, it is usually the 4th quarter of the year  (ie. Oct 2002).  The rationale is that all the bad medicine is metered out in the first two years.  Then the incumbants get wacked in the House.  The other members of the house focus on the greatest risk of all "career risk". The rally from the 4th quarter of the second year thru the 3rd year (15 months) has been very profitable.  Two years ago, I thought the end to this would be Q4 2010, I havn't changed my mind.

Ralph

Apologies if this has been posted, buy it looks like Van Eck has brought a Gold Miners Juniors ETF  (GDXJ). Attached is a link.

http://www.etftrends.com/2009/11/new-van-eck-etf-tracks-gold-mining-juniors.html

Ralph

I was just starting at Merrill Lynch end of August 1987.  The biggest difference I can remember is the long bond went from 7% in the spring to 9.5% on the day of the crash.  Merrill was hiring like crazy and the veteran brokers thought that was an indicator of a top in the market.  People could live on 9+% yields, not what we see today.  If we get 7% long yields again, you will see baby boomer money leave the market for good.

Client told me about this site.  Thought I'd pass it along.

http://www.batstrading.com/home/

Regards,

Ralph

I will sleep more comfortably tonight knowing you are looking out for me. 

Bernie M.

I am a long time Phillies fan.  Len Dykstra is a product of steroids and his parents may have been related!  He was on top of the world in 2007 and is in the toilet now.  As they say, "Life is tough, but it's tougher when your stupid."

Ralph

Matt,

How do you view your 8/21/50 right now?

Ralph

There are old traders and there are bold traders.  But there are no old, bold traders!

Ralph

OK Matt, Where did those indicators come from?

Enquiring minds want to know.

Ralph

We have had 6 trading days where SRS has been a 2 dollar range.  That is 156 fifteen minute bars.  Don't you think that a 9 and 39 ema would compress, and maybe give some false signals!  SRS looks like it changing it's trend (slowly).  The system has been the benefit of some very good trending moves.  Losses happen, it a fact of life.  If we break above 22.50 we will start a trend.  Till then, nobody wins in a congested market.

The bonds are available on Overstock.com.  It seems our government printed too many and the end runs were sent to Overstock.  They are on sale for 40% off.  Oh wait, that price is available everywhere.

Ralph

Thats interesting.  The PTI level in the old days was 35

Ralph

Matt, Your picture did not update from yeaterday.  I have a question.  I use TS and when I call up that symbol, my chart is 30 min delayed.  Is yours realtime and is that an additional service by TS?

Thanks,

Ralph

Ravun, I have an old copy of Advanced GET 7 and use it from time to time.  This was out in the late 90s by a company called Trading Techniques before they sold out to esignal.  I can only use daily data.  Check out the MOB (make or break) and the ellipse time and price retracements.  Good luck with your adventure.  If you have questions, let me know.  Hopefully, I can remember that far back.

Ralph

Sorry, I have been away and caught only pieces of the updates for the last 2 days.  Did I read something about a new system?  If so, where can I read more?

Regards,

Ralph