16 replies to this topic

[A-ha]

it will either never come or it will come and we will crash there will be no double bottom or marginal lows ... if we test those lows in 2 weeks we will crash, this is based on pure science that even the top institutions do not have access to at the moment this happened only once in this decade and you know which one it is. so if you trading for a crash, good luck, you know the odds. if not then odds are even worse than winning a jackpot in an indian casino. what do odds favor then? odds favor more upside or chop at least.

[atlasshrugged]

it will either never come or it will come and we will crash

there will be no double bottom or marginal lows ...

if we test those lows in 2 weeks we will crash, this is based on pure science that even the top institutions do not have access to at the moment

this happened only once in this decade and you know which one it is.

so if you trading for a crash, good luck, you know the odds.

if not then odds are even worse than winning a jackpot in an indian casino.

what do odds favor then?

odds favor more upside or chop at least.

Ha HA Ha...pure science that even the institutions to not have access too...

pontificate pontificate pontificate!!!

[hiker]

thanks for the updates. looking at price action for XLF and XBD today, not much confidence about continuing the SPX upside can be relied upon until XLF and XBD at least move above Friday's highs. XLF barely reached a high today above Friday's close.

[redfoliage2]

Here you are the double bottom:
http://stockcharts.com/h-sc/ui?s=$RUT...id=p33895478607

Edited by redfoliage2, 20 August 2007 - 05:02 PM.

[redfoliage2]

Here you are the double bottom:
http://stockcharts.com/h-sc/ui?s=$RUT...id=p33895478607

BKX double bottom:
http://stockcharts.com/c-sc/sc?s=$BKX...5188&r=3572

[raleigh]

Agree. XLF has complete double bottom , now with positve BOP, positive TSV (time segemented volume), and pos. money flow.

[A-ha]

Yes it is science. Measuring demand-supply is a science as well as statistical math. There are billions of dollars spent on system development and they all failed at some point.

Edited by A-ha, 20 August 2007 - 05:54 PM.

[atlasshrugged]

Yes it is science. Measuring demand-supply is a science as well as statistical math. There are billions of dollars spent on system development and they all failed at some point.

perhaps its just the manure that we use to shell out in my early days with Lehman that sounds ostensibly familiar with your pitch...

time will tell! good luck!

[A-ha]

Certainly those ******** holes produced more manure than entire manure consumption of the wall street but it is also certain that either lehman or merill where most of you started with didnt even get closer to a system with a 5 minute predictive skill. I wouldnt expect anyone from those places to understand what a system really means.

Edited by A-ha, 20 August 2007 - 06:34 PM.

[arbman]

I guess some of us did not get the memo on Friday morning. There is no point in talking about a balance in between the demand and supply with the recent changes in the liquidity. The prices "should" behave almost perfectly inelastic for VST against any upside changes in the equity supply and yet the gold did not rally today. If a market can not rally with the free liquidity, it should be a genuine lack of buyers or actually "borrowers", the gold should be the first one to deflate, I am watching the gold here for the next direction...

On August 17, 2007, the primary credit program was temporarily changed to allow primary credit loans for terms of up to 30 days, rather than overnight or for very short terms as before. Also, the spread of the primary credit rate over the FOMC's target federal funds rate has been reduced to 50 basis points. These changes will remain until the Federal Reserve determines that market liquidity has improved.