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TREND1:
I didn't mention it but I normally use Active Trader Pro (stand alone application) and had to leave it and go to the regular Fidelity.com site (not Active trader.com - web based) to get the results that POG described. I just assumed that was what POG was describing.
Pat S.
TREND1 asked - So I was asking what type ?
Answer - Private Access Brokerage and IRA accounts.
Pat S.
TREND1, I was able to get to the elliot wave trend as described using POG's instructions. After going to the Fidelity site, I entered the SPY symbol. When the SPY page came up and I selected the technical analysis option. I was then asked to log in using my user name and password. It looks like you must have a Fidelity account to use the option and see the detailed detailed description POG referred to.
I'm not so sure about the wave count shown however. It isn't clear what the degree is for the count shown.
Pat S.
POG - where can I get some information on the Fidelity TA tool you mentioned.
Thanks, Pat S.
Terry was one of the best. I used his service and will very much miss him. I hope his staff can put the pieces together and carry on.
Pat S.
POKERSAM;
Isn't it 3 of (C) of [4] that we are in. Not [4] of 3.
Very nice calls lately.
Pat S.
TREND1;
What's the difference between EMA(11) and EMA(11,high)?
TIA
Pat S.
Yes, that 15 min comes thru fine.
Pat S.
Gleno I can see the 60 min and I do not have a sub
Pat S
Shoot-out at the OK Coral
The Republicans are cornered cats here. If they back down and let the Dem's and Obama win here they lose 2012. They must fight - no compromise. There is no win - win for anyone.
Their behavior doesn't seem to suggest they understand this.
The futures market is flat right now. Maybe they think the Republicans will muster the necessary courage. Let the shooting begin!
Pat S.
Thanks, Dan - Worked perfectly.
Super service.
Pat S.
When I read a post and then return to the topic I no longer see the post I just read in RED color on the topic list of posts like I used to. What happened? What can I do to get back to normal?
Pat S.
Poker, there are two red squares (current location) on your Grand Supercycle chart. When do you think we will know which one is likely the correct one. Is it when/if the SPX trades above 1344?
Pat S.
Northam;
When you make an SSO buy do you use the SPX data sheets information to trigger the buy signal or do you have additional SSO data sheets for the trigger?
Nice first trade using your system
Pat S.
Northam43: Shouldn't the %Return columns on the performance chart be multiplied by 100?
Pat S.
I've always valued Gleno's posts and your sticky's. I hope you can find a way to keep the sticky's and Gleno posts/targets. Maybe put the sticky's in the IBOX.
Pat S.
Gleno, one last thing. Try hitting the refresh button on your browser.
Pat S.
Gleno, try this link to the board and if works then add it to your favorites.
http://investorshub.advfn.com/boards/board.aspx?board_id=16421
Pat S.
Got it. Thanks EOM.
northam43,
I'm having trouble understanding the chart you posted. There are two green EMA(11) lines and they are different, What does that mean?
Thanks,
Pat S.
Blacktruck,
Teaparty's blog is at:
http://www.traders-talk.com/mb2/index.php?autocom=blog&blogid=30&
Also, he occasionally he post's at:
http://www.traders-talk.com/mb2/index.php?s=bc55f28d00d29a838a036ae44f74d409&showforum=2
Pat S.
Blasher and Hiker;
Fascinating chart. I had the same reaction - where did those MACD parameters come from? Do they have any significance, other than they just seem to work.
Pat S.
Yes, I saw it also Two. There were several AH phantom's on the 1 minute chart down to about 39.35. Then at about 4:16 it went down to 39.08. Now it's settled up to around 39.43.
As you say, there's been other days like this in the last two weeks but this is the most unusual. Have no idea what's causing it.
Pat S.
New mark to market rules. From Mauldin's weekly letter.
Mark-to-Market Slip Slides Away.
But it is quite possible that the financial stocks see an improvement in earnings this quarter. The US Financial Accounting Standards Board (FASB) changed the mark-to-market rules last week, which many (including your humble analyst) thought was needed. First, they suspended the mark-to-market rules for assets in distressed markets. Second, they widened the definition of "temporary" impairments of troubled assets, which will "allow banks to write up the value of some troubled assets if these have been hit by falling markets without (yet) suffering any significant credit losses." (www.gavekal.com)
Here's the important part. The board decided to make the new changes effective immediately, prior to full board approval on April 2.
As my friend Charles Gave noted, this will allow banks to write up their paper, and it happens before Treasury Secretary Tim Geithner starts putting taxpayer money at risk. Expect to see a pop in valuations. It will be interesting to see if Citi and B of A post profits this quarter.
(I should note that the International Accounting Standards Board sent out a scathing press release. I guess from that we should assume that European banks will not be so fortunate as their US counterparts.)
In theory, as I understand it, the information will still be there, but the way it will be recorded will not be reflected in the profit and loss statement. I understand that this is a very controversial proposal, and I expect many readers will disagree. The key is whether or not the information is available to investors and how the proposals are put into actual practice. If there is abuse, and regulators should be all over this, then the old rules must quickly go back into place.
This could put some strength back into financials, at least until the commercial mortgage and credit card problems start having to be written off. At the least, it could make for another solid rise in the stock market until we start to get what I expect to be very bad 1st and 2nd quarter earnings.
Pat S.
You, website for the BDI
http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm
Pat S.
More teaparty/teabag stuff - good video.
I keep forgetting to look at the NASI.
http://stockcharts.com/h-sc/ui?s=$NASI&p=D&yr=1&mn=0&dy=0&id=p06513939573
http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=1&mn=0&dy=0&id=p38738134828
http://stockcharts.com/h-sc/ui?s=$NASI&p=W&yr=4&mn=0&dy=0&id=p31188234394
If you are trying to cath a falling knife, make sure you know a good hand surgeon.
Pat S.
Jet,
The NASI and MCO's are lagging breadth indicators generally used for confirmation for ST signals. I read the fact that they are moving off of relatively high levels as bearish. Unless , of course, it's the head fake that I questioned in my post.
Pat S.
Interesting OPEX data from Les at SI
http://siliconinvestor.advfn.com/rea...msgid=25431664
Pat S.
NASI rolled over hard and gave PSAR gave a sell signal yesterday. Fakeout or real thing this time?
http://stockcharts.com/h-sc/ui?s=$NASI&p=D&yr=1&mn=0&dy=0&id=p06513939573
Pat S.
Have to agree with you there Ham. I've had good luck With the Fidelity ATP platform with both fills and reliable performance.
Pat S
AJ.... I know this is a strange market,... but responding to a post from BURK of 2 years ago is even more strange.
Pat S,
They have been moving around a lot in the last 24 hours. I just now looked and they were 5.5 at tradesports
http://tradesports.com/
Pat S.
Rich,
I have not used this site, but it looks like you can bet either way on Palin there. Click on politics once you get there.
https://www.intrade.com/
Pat S.
Forgot to post the NASI chart.
http://stockcharts.com/h-sc/ui?s=$NASI&p=D&yr=1&mn=0&dy=0&id=p06513939573
Gleno. This doesn't look like a hard roll over in the NASI to me. I think we could get a little more up in the underlying index without the NASI moving up much and then a strong down move. BWDIK.
Pat S.
be (and Poker) I don't know where an updated version of that chart is regularly available. I don't subscribe to the service on the site where I got the chart. I think maybe Gleno34 (and possibly Mvpsignalsystem), both on Foot's board, may be subscribers - they may know.
Pat S
Poker, Tuesday's chart at the following site has some info on that.
http://www.stocktiming.com/Tuesday-DailyMarketUpdate.htm
Pat S.
Foot -
Good find. I just penciled DCR in on the Levitt Bro.'s list you posted the other day. Hopefully I'll get a chance to use it soon.
Pat S.
Gleno, if your correct and the bearish candle plays out and we head down - Then it looks like Foot really nailed it according to his chart in the IBOX.
Pat S.