I look at a 15 min chart and I'm seeing a cup and handle going
back to 10-16. Als, the ADX looks like it wants to signal a
move. Am I crazy or just in need of food?
For those of you who would like a little more info on how to use
the MACDBB, here is a link to help. The site is a T-3 trading
system and they use the MACDBB extensively.
End of Sept and end of Oct are fiscal year ends for mutual
funds. The reason is that managers can be bonused in the same
calendar year (usually December). This explains some of the
reason why the market gets "ratty" at their fiscal YE. If you were
a fund manager who is up 30% in August and you you know your bonus
depends on your 10/31 close, you may take some chips off the
table. The losers are saying deal! They are adressing career
risk! In November, the winners start to look "long term" and
the market regains some sense. This lends credence to the
May-Nov cycle. Sell in May and walk away. Would have
worked well this year.
How come now, that he is in the private sector, we can
understand what he says. I remember when he they used to have
a "translator" come on to tell what he said when he was Treas
Sec.
The community is delayed by three days for non registered users.
Matt - 2 questions What inputs
DDM 3 min.png DDM 3 min ninja - for those who ...
Posted by ralph on 29th of Oct 2008 at 12:05 pm
Matt - 2 questions
Th PEs on these stocks
MS/GS
Posted by ralph on 29th of Oct 2008 at 10:06 am
Th PEs on these stocks are are starting to reflect their new positions as banks instead of investment companies.
SDS
Posted by ralph on 27th of Oct 2008 at 12:45 pm
I look at a 15 min chart and I'm seeing a cup and handle going back to 10-16. Als, the ADX looks like it wants to signal a move. Am I crazy or just in need of food?
MACD BB
Posted by ralph on 27th of Oct 2008 at 12:35 pm
For those of you who would like a little more info on how to use the MACDBB, here is a link to help. The site is a T-3 trading system and they use the MACDBB extensively.
http://www.nexgent3.com/file%20uploads/T-3%20Fibs%20ProTrader%20User%20Guide%20rev608.pdf
End of Sept and end
PIMCO and Art Cashin
Posted by ralph on 24th of Oct 2008 at 10:55 am
End of Sept and end of Oct are fiscal year ends for mutual funds. The reason is that managers can be bonused in the same calendar year (usually December). This explains some of the reason why the market gets "ratty" at their fiscal YE. If you were a fund manager who is up 30% in August and you you know your bonus depends on your 10/31 close, you may take some chips off the table. The losers are saying deal! They are adressing career risk! In November, the winners start to look "long term" and the market regains some sense. This lends credence to the May-Nov cycle. Sell in May and walk away. Would have worked well this year.
Ralph
200 pt 5 min bars
Posted by ralph on 24th of Oct 2008 at 09:30 am
Matt - They may seem tame today. We are in an extrordinary moment.
If down 1100 pts before
Market Halted
Posted by ralph on 24th of Oct 2008 at 09:27 am
If down 1100 pts before 2 pm- close for 1 hr
2-3pm - 1/2 hr
3pn on - no close
Pink Sheets
UYG/URE
Posted by ralph on 24th of Oct 2008 at 09:06 am
Pink Sheets
Matt - We need 30
Maket Observation!
Posted by ralph on 23rd of Oct 2008 at 04:06 pm
Matt - We need 30 second bars. Too many whipsaws on the 1 minute.
18/24
Posted by ralph on 23rd of Oct 2008 at 01:46 pm
Put this on my computer and it looks good.
Fed Chairman (my bad)
Greenspan testifying. He is "shocked" at the extent of the ...
Posted by ralph on 23rd of Oct 2008 at 01:30 pm
Fed Chairman (my bad)
How come now, that he
Greenspan testifying. He is "shocked" at the extent of the ...
Posted by ralph on 23rd of Oct 2008 at 01:29 pm
How come now, that he is in the private sector, we can understand what he says. I remember when he they used to have a "translator" come on to tell what he said when he was Treas Sec.
3x etfs?
Posted by ralph on 23rd of Oct 2008 at 11:54 am
Direxion will be bringing 3x long and short etfs! Financial, energy, large cap and small cap. When will it stop! Coming soon! Sorry, no link.
Small wave count
Posted by ralph on 23rd of Oct 2008 at 11:42 am
Are we seeing a 5 of "e" on a 5 min. S&P. from yesterday's low? Getting nit picky here.
7-21 Cross
Posted by ralph on 23rd of Oct 2008 at 10:29 am
Got one on the SPY 5 min. Do I understand the buy trigger as a close on a following 5 min bar above the close of the crossing bar?
Trendline Break
Posted by ralph on 23rd of Oct 2008 at 09:54 am
At what point are we reasonably certain we broke the lower trendline?
Trendline
Posted by ralph on 22nd of Oct 2008 at 03:27 pm
If this reverses, I will be a trendline decible.
Like Yogi Berra said "
PNRA
Posted by ralph on 22nd of Oct 2008 at 02:36 pm
Like Yogi Berra said " Nobody goes there anymore, it's too crowded".
Amen
Anybody get the feeling?
Posted by ralph on 22nd of Oct 2008 at 11:44 am
Amen
No, I'm talking about right
Anybody get the feeling?
Posted by ralph on 22nd of Oct 2008 at 11:23 am
No, I'm talking about right here at 11:20 am est.