9 replies to this topic

[A-ha]

perfectly clocked.... starting tomorrow before the open

Edited by A-ha, 06 September 2007 - 03:38 PM.

[rightside]

Well that is interesting...I will have to make a market for you on the short side. Projecting a gap down and lower into the next couple of days (at a minimum). Going out on a limb, full short at the close. Best, RS

[A-ha]

yeah that tlt chart bumping against the declining top line looks like a text book gap-up candidate ....and logically spx must gap down right ?

Edited by A-ha, 06 September 2007 - 04:25 PM.

[DraggdOut]

all-time fav atilla line: "Yogi's, ream job upon thee!!!"

[jack]

When I look at stockchart version of TLT chart it is
significantly different than A-ha s. Bigchart shows same as
A ha chart. I have just emailed stockchart and await an answer.
This is worrisome. How many trades were based on the stckchart
version today?

perfectly clocked.... starting tomorrow before the open ;)

[jack]

The very prompt reply from stockchart "That's most likely because our price data is different than theirs. On our site, we adjust all historical price data downward to reflect all splits, dividend payments, and mutual fund distributions. Adjusting prices better captures the true price movement, creates a plot more reflective of the security's price action over time, and so, provides superior charts for technical analysis, which is what our site is about." So would one expect a scorch in equities after looking at the stockchart version of tlt ? hmmmm

[A-ha]

The very prompt reply from stockchart

"That's most likely because our price data is different than theirs. On our site, we adjust all historical price data downward to reflect all splits, dividend payments, and mutual fund distributions. Adjusting prices better captures the true price movement, creates a plot more reflective of the security's price action over time, and so, provides superior charts for technical analysis, which is what our site is about."

So would one expect a scorch in equities after looking at the stockchart version of tlt ?

hmmmm

I never used stock charts for trend analysis, but market indicators like bullish percentages and stuff...

i dont buy their explanation too. SPY for example which pays divident and is adjusted periodically is less useful than SPX when it comes to trend analysis... does that mean their adjusted charts could be the one malfunctioning indeed ?

Edited by A-ha, 06 September 2007 - 07:27 PM.

[jack]

maybe someone who is able to post a chart can post the stockchart version of TLT so folks can see how significantly different prices of TLT from 2005 to now are from different sources. Or... this a known thing and I just check for adjusted data before doing trend analysis thx XD for your take on this

[A-ha]

here is a piece for bears from stock charts... we are close to a turn maybe...

[rkd80]

I find it amazing how many diverging views we have on this board. There are quite a few people that are completely polar opposite of each other. It would appear that technically speaking we are due for a sell-off, but the picture is probably beyond technical. I don't actually know what to expect, although I am leaning bear. Atilla, still hanging on to those longs?