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Thanks excel,
I'm real interested in seeing these great fish swimming around in my care again.............they are tough to keep.........
but are well worth it,
Fletch
Wedging up again??,
Fletch
AKAM doing well today.................ISRG is too............
FWLT......NOV......TNE.....:),
Fletch
Buy some more EMC if you can't buy VMW......... possibly wait for a break above 20 to buy......
OK excel,
Lets say I want to get back into discus........buy a few little ones......from a few of the best.......to stock a couple hundred gallons with 20-30 young.........
Who would you buy from?
Thanks,
Fletch
PS I do like ones with good blue-green color against a darker redish brown background, like bottom Left :>)
I'll feed them beef heart.....mosquito larva....white worms.....shrimp...foreheads will get fat....like days of old
Has held up very well,
Fletch
I even like this last candle...........a hammer.........next day usually up :>)
About the time I thought I should sell...........................
I kept,
Fletch
I do sell on occasion tho..........mostly just hold the best I can......
Hey Cort,
I'd hold on to every share of that NOV.........longer term............
technically, we just had the first of at least 3 pull backs......
another reason to hold.............dwindling world oil supplies
Buy the best........... n
trim the rest,
Fletch
Of course this is just my very humble opinion JMVHO...............it just couldn't keep up that up trend
Yes........they make a Honey Brown.......It's OK.....not a fav.....
Very hot BCSI,
Fletch
Hey buddy...........I'm not sure just what chart it looks like..........maybe GOOG even.............
but I just had a couple of
J W Dundee Pale Bocks,
Fletch ;)
Available: February through April <<<........er......a....NOW!>>>
A traditional German Maibock with a deep golden color, malty-sweet aroma and clean finish from Magnum and Czech Saaz hops.
Gold Award Winner of the 2006 World Beer Cup: German Style Heller-Bock/Maibock Category.
ABV: 6.25%<<<<...........6.25%! might be why I like it.......IPA great too <VBG> >>>>
IBU: 25
ISRG?................I have it.........I believe wahz does too............He........wahz.......liked it first.....
a great medical play,
Fletch
Gap won't close.......at least this decade....&....IMHO............
VMW........A wedge or coil that went up,
Fletch
Hey Cort,
INTC below 20 was a good buy.....I think it still is.....but..... there are others I might buy before INTC right now..............a two year of some of my semi's,
Fletch
Only KLAC has beaten the comp......Wild rides on most......MXIM is also a good one beaten down.......
I too love the hops..........IPA.....Pale Ale....Black Forest.... Pale Bock....Porter........guess my Euro heritage shows thru...........How do you think they fought all those European battles?......VERY VERY DRUNK they were............LOL!! Here is to Cort in Belgium........we all very close.........
& human brothers at least,
Fletch
Hey buddy.........good tasting beer........isn't related to anything but pure heaven........
NO DICKS lol!
Fletch
I like High Falls brewery......Craft beers.......here in Rochester......they actually brew Samual Adams Boston Lager
there.......Look on a Boston Lager label
http://www.jwdundee.com/JWDundee.aspx
THE MARKET IS STILL REAL........... F'N! BAD........or
"not real good to us.....that are long"................
SHIT,
Fletch
Do we need to hit 2350 + or -.......has the up sledge hammer candle spoken.....A bottom? ;>)
It might do well VRSN.........it's a head and shoulders pattern.........best to wait with some $ until we see the light at the end of the tunnel <ng>.
I'm still holding VRSN,
Fletch
You know........I don't want to post a head-n-shoulders,
Fletch
But.................VRSN is about to make a.............I'm just a little bit sick.......pah-teuwie!! SHORT THIS!
EMC holding up very well,
Fletch
VMW........the buzzzzzzzzzzzzzzzz,
Fletch
Too rich right now.....but what if it's the new GOOG???
The DOW,
Fletch
Close to 12800.........old top......maybe support?
>
As you can see from my previous chart......2525 was some support.......
2500 held awhile.................now.......who knows.........I'm not a crystal ball predictor and..........
This isn't fun,
Fletch
SnP 1370?
It's a shorting paradise,
Fletch
Of which I don't partake..............
Welcome to The Black Box Dave,
Fletch
Holding up well so far............NVDA.....
wahz.....the market sucks right now............a reversal soon......I hope........
Only play I see did much of anything was a Fossil! NBG ......No big grin............. cause
Those fossils usually don't move much at all,
Fletch....hardie yuk yuk.....argh......they can keep over bid up VMW......but watching
>
Tiger woods wins the PGA and homo-n-depot skids past 24.........
Fletch
Winning is very painful...........per the face on Tony Homo.....
Here is an OK bios,
Fletch
I do like ISRG............above all medical type plays
Hey buddy........
Just open to different opinions......his opinion.....isn't mine........I'm buying more then selling now.............so I'm not...............
too afraid,
Fletch
USU mostly gone now......I kept the freebies+ and ......added to AKAM
Hindenburg Omen!
by MARK HULBERT
Watch out for the Hindenburg Omen
http://tinyurl.com/3e5gjd
ANNANDALE, Va. (MarketWatch) -- According to a little-known technical indicator known as the Hindenburg Omen, the risk of a stock market crash right now is high.
Should we pay any attention to this indicator?
"Yes" is the answer from quite a few of the investment newsletters I monitor. Indeed, in recent days so many advisers have referred to the warnings that the indicator is emitting that investing blogs are all abuzz.
And, naturally, more than a few of you emailed me to ask that I devote a column to it.
Let me start by reviewing the Hindenburg Omen. The core idea behind it is that it's bearish whenever there are a large number of both new 52-weeks highs and new 52-week lows on the New York Stock Exchange.
From what I can tell, it was created in the 1970s by a fellow named Jim Miekka, who was editor of a newsletter called the Sudbury Report. Credit for christening this indicator the "Hindenburg Omen" goes to Kennedy Gammage, who used to edit a newsletter called the Richland Report.
Why would a large number of both new highs and new lows be bearish? Peter Eliades, editor of the Stockmarket Cycles newsletter, recently provided an answer: "Under normal conditions, either a substantial number of stocks establish new annual highs or a large number set new lows - but not both." When there are high levels of both, "it indicates that the market is undergoing a period of extreme divergence... Such divergence is not usually conducive to future rising stock prices. A healthy market requires some semblance of internal uniformity, and it doesn't matter what direction that uniformity takes. Many new highs and very few lows is obviously bullish, but so is a great many new lows accompanied by few or no new highs. This is the condition that leads to important market bottoms."
In terms of genealogy, the Hindenburg Omen is a descendant of an indicator called the High Low Logic Index, which Norman Fosback, editor of Fosback's Fund Forecaster, devised in the early 1970s. According to Gammage, the Hindenburg Omen is also "derived from a New High - New Low indicator developed by Gerald Appel many years ago." Appel, of course, is the editor of the Systems & Forecasts newsletter.
Both Fosback and Appel have good track records, so I tried to contact both of them Tuesday to see what reactions they might have and whether they believe that the market will soon crash.
Fosback had not responded by the time I filed this column. But Appel told me that while the simultaneous appearance of many new highs and new lows is not a positive development for the market, one should not exaggerate its bearishness. The market's prospects following such a development are "sub-par," but not "calamitous."
Appel also pointed out that there have been some noteworthy cases in which a large number of both new highs and new lows have not presaged a market decline. He mentioned in this regard the situation prevailing prior to the bull market taking off in 1982.
To be sure, Miekka, Gammage and other devotees of the Hindenburg Omen have always insisted that the new high/new low data must be interpreted in the light of several other indicators, and that in conjunction with them the false signals are kept to a minimum.
According to Robert McHugh, editor of McHugh's Financial Forecast & Analysis, the two other indicators that have traditionally been looked at when interpreting the new high/new low data are the NYSE 10 Week Moving Average (it must be rising), and the McClellan Oscillator (it must be negative). (The McClellan Oscillator is a measure of market breadth.)
However, even in conjunction with these other preconditions, according to McHugh's calculations, a simultaneous large number of new highs and new lows has not always presaged a market decline. McHugh has proposed adding yet two more preconditions:
* "New 52 Week NYSE Highs cannot be more than twice New 52 Week Lows; however it is okay for New 52 Week Lows to be more than double New 52 Week Highs."
* "There must be more than one signal within a 36 day period, i.e., there must be a cluster of Hindenburg Omens (defined as two or more)"
According to McHugh, the market historically has declined 87% of the time once all five of these preconditions have been met. And the market has actually crashed 27% of the time.
All of these preconditions were met in September, which is why so many advisers are worried.
The proliferation of these preconditions makes it very difficult for a statistician to offer much insight, for several reasons. First, with each new precondition, the number of historical precedents shrinks. McHugh, for example, counts just 22 cases since 1985 in which all of his preconditions were met. Unfortunately, with a sample size this small, it's impossible to draw firm statistical conclusions.
The second problem with piling precondition on top of precondition is that it runs the risk being ad hoc and arbitrary. After the fact, of course, with the benefit of 20-20 hindsight, it's always possible to pinpoint one or more factors that, if they had been taken into account, would have led to a better prediction. But rarely does such an approach lead to a successful market timing system.
The proof of the pudding is in the eating, of course. But it is a statistical sleight of hand to back-test a system's performance over the same period that was used to jerry rig it in the first place. The only real proof of the pudding comes when testing a system over a different period than the one used to devise it.
This is why statisticians usually insist on real-time tests of any system that is jerry-rigged to fit past data. And given how rare it is for all five preconditions associated with the Hindenburg Omen to occur, it will take years for us to know whether these five preconditions, taken together, truly represent an increased probability of a market crash.
So the best a statistician can say is that we should wait and see. This response no doubt is profoundly unsatisfying, given the prospect of an imminent crash.
But think of it this way. There are other newsletters among the 180 or so that I monitor that currently are as bullish as the devotees of the Hindenburg Omen are bearish. And they have devised market timing systems that have just as much superficial plausibility as the Hindenburg Omen, but which currently are quite bullish.
Take your pick.
Lots of that finance money has already found a home.......
the toilet,
Fletch
FSEAX?,
Fletch
The harder I try to be a billionaire......the faster I'm not quit as happy.....
michale?
How to live thru a big market tank?? ...........it's........super
ELON,
Fletch
More powerful than a speeding bullet......able to leap tall buildings in a single bound..........
Hey michalel,
You want a wahz answer........I know.......but a Fletch answer is SBUX and TM.........
MXIM is a Morningstar 5 star stock and NVLS is a 3 star.....I'm holding them........
If you want safe track record type wahz play that beat........
How about CSCO,
Fletch
This chart is a good one too.............watch the gap tho......
Hey buddy,
Toyota.....TM......Doing OK.........Toyota's Net Profit Rises 32% On Strong Sales,
Fletch
Should be a long term buy here....................
Toyota Motor Corp. (TM
TM
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) said its first-quarter net profit jumped 32.3% to a record high as the weak yen and a better product mix offset lower local sales. Net profit rose to 491.54 billion yen ($4.13 billion), or 153.98 yen a share, from 371.50 billion yen. Revenue increased 15.7% to 6.52 trillion yen. Analysts had expected a profit of 444.6 billion yen on sales of 6.23 trillion yen.
10% hurts most very hard...............stay in and we'll be OK........ TM is the best car money maker..........DRI Red Lobster............is very OK too........CHK..........buy MORE CHK now buds.....
The good ones all have low P/E ratios here........................
Buy at will....................IMVHO,
Fletch
P/E of 13.7.......Toyota's Net Profit Rises 32% On Strong Sales.....so it dumps? Not much of a LOL
Hey Cort,
I hope it keeps on riding the 20 day,
Fletch
Looks like it might be forming a wedge...........
Ultra short..........financial,
Fletch
If you can time it right........I'd leave this to the "ultra......pro......dicks."
How R they doing to the S n P,
Fletch
SnP=^gspc
Chart Says...............................................
Stay away from these mortgage plays IMHO......until......
Yet to be determined.......
YTBD,
Fletch
Hey Cort,
NOV ....still ok......JNJ........STP.......few others
tough market right now,
Fletch
I don't "hate" anyone.......Tony winning is uh...oh... OK............
STOP thinking those that aren't for Stewart......hate him.....
He is kind of a jerk tho,
Fletch ....... LOL