12 replies to this topic

[Darris]

Cool, I have never seen anyone else mention keeping track of gap ups or gap downs. Here was my run down on all the major indexes gaps today. Index........Gap Up (Not Down) Tot DAX.... 6 Tot FTSE... 25 Tot DOW... 27 Tot SEMI... 69 Tot NDX.... 67 Tot OEX.... 78 Tot FIN..... 134 Tot NYA..... 1214 Tot RUT..... 1190 Tot REIT.... 118 Tot Corp... 20 Tot Muni.... 11 Tot Junk.... 12 Tot CEF..... 38 Tot Pref.... 40 Tot Nano... 162 Tot Bank... 180 Tot PM...... 37 Tot Energy. 64 Tot MID..... 293 Tot SPX..... 356 Tot SML..... 445 Tot RUI..... 657 Tot NAZ.... 1145

[TechMan]

Nikkei surged more than 200 points and closed at post-Fukushima high. However, neither USD/JPY (black curve) nor the EUR/JPY (red curve) has yet to do so. So, we have the Nikkei looking way overbought while the Yen looking way oversold. How much can this divergence be stretched?

Edited by TechMan, 27 March 2012 - 02:09 AM.

[CRUISENAL]

LOL! You know how it works in DC and Wall Street. You odds are actually pretty good that if your a Senator or Congressman or higher, you likely to get off scott free. Wall Stree the odss go down but you still have a chance. If I was the judge, they would all be in the hooskow right now. It is a real shame what has happened and more likely to come.

If that happens, Alan, can Benny/Summers etc be fired w/ tenure taken off and pension annulled as an example for moral hazard for repetitive failed policies and a much required dose of 'Schumpeterian' on the Elite..