Rookie question about the US game
#1
Posted 29 April 2007 - 11:22 AM
#2
Posted 29 April 2007 - 11:29 AM
I notice on the link the author says:
"Perhaps you want to know now which one is the "correct" siderograph - the answer is easy: none."
Next year there are only 8 potential turning points, with the last 4 being more significant (bold letters) than the first 4 (window: usually +/- 4 calendar days, sometimes up to +/- 1 week) :
- 3/10/07
- 3/20/07
- 4/20/07
- 5/4/07
- 6/14/07
- 8/26/07
- 10/17/07 (most important date)
- 12/22/07
There are lots of important market turns on which Bradley is completely silent.
Edited by Rogerdodger, 29 April 2007 - 11:37 AM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#3
Posted 29 April 2007 - 11:44 AM
bradley of course shouldn't be used for daily trading, but nonetheless it's interesting with these turning points and shifts in sentiment as I would probably prefer to call the dates
;-)
Try this for the Bradley: Bradley Siderograph
I notice on the link the author says:
"Perhaps you want to know now which one is the "correct" siderograph - the answer is easy: none."
Next year there are only 8 potential turning points, with the last 4 being more significant (bold letters) than the first 4 (window: usually +/- 4 calendar days, sometimes up to +/- 1 week) :
- 3/10/07
- 3/20/07
- 4/20/07
- 5/4/07
- 6/14/07
- 8/26/07
- 10/17/07 (most important date)
- 12/22/07
There are lots of important market turns on which Bradley is completely silent.
#4
Posted 29 April 2007 - 12:32 PM
Hi Guys
Always enjoy reading your posts but as a european rookie it's sometimes not easy to grasp the whole "game" with concepts such as the Fed printing machine, da boys and how treasury secretary paulson ties in.
Can someone take a few minutes and explain what these concepts and how they tie in with each other?
And a second question regarding the bradley dates - they are just turning points, so would it be correct to assume that the first big move after a date determines the trend until the next date
Thanks!
Anytime a trade doesn't work out you need to blame it on the printing press, da boys, or Pualson.
~ Johann Wolfgang Von Goethe ~
#5
Posted 29 April 2007 - 04:47 PM
#6
Posted 29 April 2007 - 05:08 PM
your explanation fits in well with what i assumed, but of course always nice with comment on it
seems like the whole economy, at least the way it is presented to the public, it one big illusion
everything can really be made to fit any short-term purpose
what about the long run - can they keep it up
FEd printing machine is code word for the loose money(read ripoff) policy of the Federal reserve. And It's not really federal. It's a private group of bankers who finance our deficits by buying bonds with little pieces of paper they make that says "this is money" and in exchange for that little piece of paper they get to collect interest on the value of the bond for up to 30 years and eventually will be paid the value of the bond too! They get all that for a what is a fabrication of money. Why doesn't the treasury just create money out of thin air? No this way the ultra rich can really get rich. Greatest sham in the world. Anyway, the inject money into the market with all this bond buying cuz someone gets the money see? I'm sure someone else can explain better.
DaBoys can mean a lot of things.... ie. the market, the insiders, the fed's co conspirators or the big money players in the market.
#7
Posted 29 April 2007 - 06:56 PM
#8
Posted 30 April 2007 - 12:45 PM
Last Thu and Fri, the Fed has shown the first signs of real draining from the markets too. This is in contrast to what they've been doing, which was pushing the rates higher while also keeping the liquidity high in the markets. I think the Fed is kind of reaching to their tolerance limit of the falling USD. They can not waste away the USD and promise higher rates like a third world country, USD is a reserve currency for God's sake, beside they still have to sustain the growing debt, a correction is due imho...
- kisa
#9
Posted 30 April 2007 - 08:59 PM