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Sorry if this sounds like a quibble but MID had lower prints in early January.
But today it did print below the March lows by about 1-2 pts (so far).
Cramer has Emotional BreakDown on TV
this is news? ggg
glen034, no offense taken or intended.
...small minds discuss people and great minds discuss ideas...
well, fwiw, the intent (and I believe substance) of my comments were directed at DT's posts not his person.
...will become more clear to us as he himself understands better the message he is giving...
In other words, he doesn't understand what he's saying but writes anyway?
Holy cow, what a mess these boards would be if many people took that approach. Let's just clog the boards up with whatever comes into our heads and not worry about whether it makes sense or is clearly stated.
As DT says put him on ignore if you don't want to read his thoughts..
I can also choose to not do that. If he can post his ramblings then anyone ought to be able to post what they think about them, too.
By the way if you think his comments about trading psychology and such are interesting then you might try reading books by people like Mark Douglas. They get it right, have well-formed ideas, and are able to communicate them clearly.
DT,
On one hand you want to hash things out, yet in another post you say you're not going to back up your assertions. You really can't have it both ways.
I will echo Jerry and say that the impression your posts leave with me is mumbo-jumbo. They are a mixture of a little bit of stuff you could read in any number of trading books with a lot of vague stuff that doesn't make sense and you're not willing to back up with fact or data.
And that's no personal attack, that's just describing your posts.
Maybe you should get your own board so you can post to your heart's desire.
delete duplicate
Reposting from another site for which the individual is neither author nor recipient is duplicative
Heck, on those grounds there are probably a few hundred posts - mainly news articles - that should be deleted from Ihub every day.
The courteous, professional, sensible, and "big" thing to do would be to apologize to ajtj and reinstate his post.
ajtj, my comments were tongue-in-cheek - should have added a grin.
I agree with you 100% about professionalism (or lack thereof). To that point I note that instead of responding positively to your post it was deleted - must be some very thin skins here!
Holy cow ajtj, you dare to diss the "Holy Grail"?
a projection to 3100 has been confirmed and given
hey, those big projections aren't necessarily good - see the video:
Following that pattern would give a low about the beginning of August.
That channel has a hole in it now.
Meanwhile MID just broke above a downtrend line...
http://stockcharts.com/h-sc/ui?s=$MID&p=60&yr=0&mn=5&dy=0&id=p59710738458&a=...
The superbowl - you forgot about the superbowl!
Inquiring minds gotta know. :))
thanks!
Thanks for the suggestion.
Unfortuately the site I'm interested in doesn't offer RSS, so I'm still looking for an easy way to monitor it.
I'm interested in monitoring a web page for changes but would like to avoid checking the site everyday.
Does anyone here know of a web page change utility or service (preferably free, of course)?
Thanks!
Well that's odd, I never gave him permisssion to use it! :))
Would you happen to have a reference?
there's interesting patterns playing out on the 15 min Mid suggesting we may have some sideways / down in the near term
http://stockcharts.com/h-sc/ui?s=$MID&p=15&yr=0&mn=0&dy=20&id=p92518595586&a...
looks like mid broke up from its wedge
Given his performance last fall how much stock do you put in McClellan these days?
The other possibility is that he could get delisted, just like another president: :))
http://www.pollkatz.homestead.com/files/nixonbushchart_files/BNCapp_12756_image001.gif
Zeev,
my thoughts and good wishes and those of many others are with you.
Hiker
Sad news from Zeev Hed:
http://www.investorshub.com/boards/read_msg.asp?message_id=18437072
What's your maximum drawdown in those two accounts for 1Q?
Ha, I guess those parental controls take into account the recent scandals in the Catholic Church.
The 15-min MID shows an approaching confluence around 860 or 861:
http://stockcharts.com/h-sc/ui?s=$MID&p=15&yr=0&mn=0&dy=20&id=p92518595586&a...
I miss AugieBoo. Where'd he go?
http://forums.catholic.com/member.php?u=40327
ajtj,
there isn't anything in Desmond's article about Hulbert. Not sure why you said that but it's probably not important.
The point is - Hulberts article looks at volume only. Desmond's looks at both volume and point change on individual components of an index and warns against situations where you only get one.
The Street columns had more to do with market tops but contained a lot of similar ideas.
Re: 90% up/down days
Paul Desmond (of Lowrys - not the jazz guy) did a more rigorous study of 90% up & down days and their implications for market bottoms.
A copy may be found here:
https://www.mta.org/EWEB/docs/2002DowAwardb.pdf
(Note that this is a different although related study from the one he did on market tops previously discussed here.)
Desmond has two criteria - one on volume (the one that Hulbert described) the other on points. He cautioned against situations where one was satisfied but the other was not.
I don't know if the recent 90% days qualified in both categories, maybe a Lowry's subscriber will speak up.
ajtj, that's an interesting chart. If you pull up a similar chart of MID you'll find that there's no such breakout and that today's high is bounded by the same trend line as the March 1 and March 9 highs.
Hey, but Busty Heart only has two of them not three, right? :)))
I understand your argument, just couldn't resist pulling your leg.
Did I hear you say triple bottom? gg
Thanks for the take on AMR.
I think there will be a lot of posturing but the likelihood of an actual outbreak is small, especially if the Saudis keep dumping oil on the market (keeping Iran's revenues low).
ajtj, if you a chance could you take a look at AMR? I'm interested in your take on it. Thanks!
ajtj, thanks for that take on MID, as well as all that you generously share here. As much and as consistently as you post it's easy to take that for granted but I really hope no one does.
Thanks, Earnie.
What source do you use for junk credit spreads?