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I guess the markets are a leading indicator


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#1 dcengr

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Posted 01 February 2007 - 10:06 AM

So since prices are up, must mean we're gonna see higher ISM numbers soon :lol:
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#2 fib_1618

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Posted 01 February 2007 - 10:21 AM

So since prices are up, must mean we're gonna see higher ISM numbers soon

Correct.

Fib

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#3 dcengr

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Posted 01 February 2007 - 10:29 AM

So since prices are up, must mean we're gonna see higher ISM numbers soon

Correct.

Fib


Must be part of that faith based TA?
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#4 fib_1618

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Posted 01 February 2007 - 10:44 AM

Must be part of that faith based TA?

Nope...just having faith in what the market technically tells you as being fundamental fact.

Recent proof? Your recent comments on the A/D line and your struggle in believing that breadth does indeed lead price.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#5 dcengr

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Posted 01 February 2007 - 10:47 AM

Must be part of that faith based TA?

Nope...just having faith in what the market technically tells you as being fundamental fact.

Recent proof? Your recent comments on the A/D line and your struggle in believing that breadth does indeed lead price.

Fib


There's no struggle. I follow my system, you follow yours. Proof is all in your mind.
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#6 fib_1618

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Posted 01 February 2007 - 10:50 AM

Proof is all in your mind.

Actually its in my brokerage statement every single month.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#7 dcengr

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Posted 01 February 2007 - 10:53 AM

Proof is all in your mind.

Actually its in my brokerage statement every single month.

Fib


Where's your stop on that position you took at Dow 12623?
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#8 fib_1618

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Posted 01 February 2007 - 12:18 PM

Where's your stop on that position you took at Dow 12623?

Sorry, you must be mistaken - I have no Dow position.

If you're talking about my recent core switch, I have no stops as it's a trend following system.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#9 dcengr

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Posted 01 February 2007 - 12:24 PM

Where's your stop on that position you took at Dow 12623?

Sorry, you must be mistaken - I have no Dow position.

If you're talking about my recent core switch, I have no stops as it's a trend following system.

Fib


I have no idea what you bought at what price. Just using the Dow as a reference for when you went long.

No stops? Fair enough :)

But I do know you went long AAPL at 88 break out. Still long? Where's your stop on that?

Edited by dcengr, 01 February 2007 - 12:25 PM.

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#10 fib_1618

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Posted 01 February 2007 - 01:19 PM

But I do know you went long AAPL at 88 break out. Still long? Where's your stop on that?

Stopped out at 92 about 2 weeks ago.

I have no idea what you bought

The allocation is mentioned in the post.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions