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Here We Go on the Advance/Decline Line Again


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#51 TechMan

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Posted 01 March 2010 - 01:39 AM

Hi Gary - Thanx for the input. I see you're looking at the S&P 500 instead of the E-Mini. The open interests of the S&P 500 is only about 12%-13% of the E-Mini, and the number of traders are only 100-150 instead of 500-600 for the E-mini. I'll try to find time to post my COT analysis sometime this week. I've wasted too much time "playing" on this board over this weekend. Have a nice everning, my "Junk Bond King" Gary.

#52 TechMan

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Posted 01 March 2010 - 01:57 AM

NAV & IYB - Thanks guys for your input. It's much appreciated. I can’t be a rebel, a contrarian without an independent and open mind. This is why I’m so used to getting all the flak from both the liberals and the conservatives as well as from the bulls and the bears. Anyway, I use my own proprietary system for trading and forecasting, which has been quite accurate for sometime now. And, you’ve seen some of my calls and trades posted here that have been pretty much right on the money. I do try to look at every single news wire, every econ datum, and every technical indicator, some more frequently than others, for general reference and as a professional habit. In any case, NYAD and NAAD are two of the least visited indicators in my analytical combo box. And, they’re not going to get anymore popular with me anytime soon. And, that’s it for me. I’ve wasted way too much time playing on this board over the weekend…Good night guys. Looks like it's going to gap up tomorrow as I had anticipated from the Bullish Harami confirmation.