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QE3 in PROGRESS


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#11 Data

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Posted 04 February 2012 - 12:06 PM

Most of the new debt issuance is 10 yr maturities or longer. It's another reason for Operation Twist and why it'll probably keep being extended:

"It continues to extend the average maturity of Treasury debt. The average maturity of all of the Treasury's debt has increased from less than 50 months in 2008 to 62.4 months as of Dec. 30, part of a strategy by the Treasury to lock in long-term interest rates while they are low. There has been talk of pushing that average even higher, perhaps up to 70 months."

http://www.4-traders...Week--13998143/

#12 TechMan

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Posted 04 February 2012 - 12:20 PM

O.K. guys, if you think Oscillators work, that's fine by me.

So, instead of going back and forth, all that I'm asking you is to post your buy and sell signal here whenever it's triggered. be it intraday or inter-day and not after the fact. We can then start keeping track of them.

O.K. ?


Here's what I'd say if I had the utmost confidence that my technical "oscillators", or the assortment of them, work well in any market environment.

=======
Starting Monday, I will post buy and sell signals as they happen per my oscillators, period.
=======

Anyone???

#13 SemiBizz

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Posted 04 February 2012 - 12:23 PM

Indicators are fine, there are a zillion of them. If you have a bias in the market, you can always dig up indicators that conform to it. Fight bias, that's your enemy. Play the tape.
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#14 fib_1618

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Posted 04 February 2012 - 12:23 PM

Oscillators don't work in this type of market.

Agreed. Oscillators work their best magic in sideways markets not when they're trending as they are right now.

Although I wasn't talking to YOU specifically in my general comment, the most important aspect that many miss is that most technical tools will cease their degree of usefulness when liquidity levels are rising. A good example is the bowl of a lake...there will always be bumps and dips at the surface, but as the lake level rises, they cease to be important as you look over the horizon. They're still there, of course, but they don't have the same meaning until the lake level recedes and they're exposed or you hit your toe on something not seen (a news event, for example, that upsets current).

Oh...and one more thing if I may...most of these oscillators that you refer to take their numbers from the ratio of what buyers and sellers do on a daily basis. If you don't pay attention to this same landscape (or environment), you're likely to be frustrated with your analytical results. Many technicians always throw in the towel and claim things are unusable when, in reality, their working their best magic to keep the advantage you have over Ivy League economists or politicians. Our job is to always search out what IS working, and then adjust our skills to match that of the markets rhythm. Technicians are the 1% of a marketplace where others use more difficult means in attempting to accumulate wealth.

Now...stop being so darn defensive when anyone says "boo" to anything you post. I, myself, find that you have the tools to be very good at what you do, but you won't allow anyone else to add to your arsenal of ideas...to enrich what you generously provide here on a daily basis. The spirit of this board is to bring different angles of analysis so that we may ALL beat the market and NOT each other. We can all be best friends or worst enemies...I choose to be the formal than the later with everyone here.

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#15 TechMan

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Posted 04 February 2012 - 12:30 PM

Fib_1618 - Alright, bud, you know I don't dislike you although I do enjoy having a little "exchange" with you from time to time. So, while I do have a problem with your last paragraph about me, for the same things could've been said about you just as well, I can't disagree with this. That's what I've been saying, adapting and adjusting to different personalities of the market.

Our job is to always search out what IS working, and then adjust our skills to match that of the markets rhythm.
Fib


Edited by TechMan, 04 February 2012 - 12:36 PM.


#16 SemiBizz

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Posted 04 February 2012 - 12:38 PM

although I do enjoy having a little "exchange" with you from time to time


I've noticed you like to argue, and you deal in "selected facts" which is fine for a salesman or a lawyer.

Mdme. Market doesn't care about your selected facts.

You can be 100% right and lose 100% of your account.


Instead of whining about why the market didn't do what you expected, find out where you were WRONG.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#17 IYB

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Posted 04 February 2012 - 12:38 PM

O.K. guys, if you think Oscillators work, that's fine by me.

So, instead of going back and forth, all that I'm asking you is to post your buy and sell signal here whenever it's triggered. be it intraday or inter-day and not after the fact. We can then start keeping track of them.

O.K. ?


Here's what I'd say if I had the utmost confidence that my technical "oscillators", or the assortment of them, work well in any market environment.

=======
Starting Monday, I will post buy and sell signals as they happen per my oscillators, period.
=======

Anyone???

Did exactly that to the tune of about 5000 posts here from 2003-2010. Now I do that six days a week at SevenSentinels.com....
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds

#18 TechMan

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Posted 04 February 2012 - 12:43 PM

O.K. guys, if you think Oscillators work, that's fine by me.

So, instead of going back and forth, all that I'm asking you is to post your buy and sell signal here whenever it's triggered. be it intraday or inter-day and not after the fact. We can then start keeping track of them.

O.K. ?


Here's what I'd say if I had the utmost confidence that my technical "oscillators", or the assortment of them, work well in any market environment.

=======
Starting Monday, I will post buy and sell signals as they happen per my oscillators, period.
=======

Anyone???

Did exactly that to the tune of about 5000 posts here from 2003-2010. Now I do that six days a week at SevenSentinels.com....


O.K. then start posting your intraday or interday sell/buy signals here on Monday.

Doesn't have to be anything elaborate. Just "Buy" or "Sell" now or tomorrow would do. It shouldn't take more than 10 seconds.

Edited by TechMan, 04 February 2012 - 12:45 PM.


#19 SemiBizz

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Posted 04 February 2012 - 12:52 PM

What I try to do is tell my people where the market is going with PINPOINT ACCURACY.

Then they can make their own BUY and SELL decisions.

From Last Weekend's Forecast Review:

Upside Target for the SPX is 1345.20, the last high was 1333.47 and we closed Friday at 1316.33.


Friday's SPX high was 1345.37.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#20 IYB

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Posted 04 February 2012 - 12:53 PM

O.K. guys, if you think Oscillators work, that's fine by me.

So, instead of going back and forth, all that I'm asking you is to post your buy and sell signal here whenever it's triggered. be it intraday or inter-day and not after the fact. We can then start keeping track of them.

O.K. ?


Here's what I'd say if I had the utmost confidence that my technical "oscillators", or the assortment of them, work well in any market environment.

=======
Starting Monday, I will post buy and sell signals as they happen per my oscillators, period.
=======

Anyone???

Did exactly that to the tune of about 5000 posts here from 2003-2010. Now I do that six days a week at SevenSentinels.com....


O.K. then start posting your intraday or interday sell/buy signals here on Monday.

Doesn't have to be anything elaborate. Just "Buy" or "Sell" now or tomorrow would do.

Have already explained all of that in recent posts. Intermediate Term is in uptrend per the oscillators, since December 23 buy signal. Am essentially fully invested and holding. Would add a bit more {read that "BUY"} on any sharp pull-backs this week. Over and out.
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds