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The NYMO and NAMO market forecast was...


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#1 Bob-C

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Posted 19 October 2007 - 01:59 PM

right on target. IMVHO, the NYMO, NAMO, McClellan Summation Indexes, and 5% an 10% Indexes should show much further deterioration as of today's close. :)

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#2 tr8r

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Posted 21 October 2007 - 07:14 PM

Spending time Sunday getting caught up on my reading I noticed...

"suggesting the possibility of a large market move in the next few days possibly as early as Friday."

http://www.traders-t...showtopic=77739

IMVHO, the NYMO, NAMO, McClellan Summation Indexes, and 5% an 10% Indexes should show much further deterioration as of today's close. :)

Cheers, :)

Bob-C

Yes, indeed you were "right on target."

Absolutely, brilliant afternoon call!
Especially, when other well respected traders were looking the other way at the end of the day.

I shall have to pay attention.

Thank you for your many informative charts and amiable responses to other members.


LOB????

I can not see beyond those runners left on base.



Acronym Definition
LOB Lancaster-Oslo-Bergen
LOB Land Order of Battle
LOB Large Object(s)
LOB Launch Operations Building
LOB Left On Base (baseball)
LOB Left Out Board (locations of aircraft underwing pylons)
LOB Legend of Blue-Eyes White Dragon (Yu-Gi-Oh cards)
LOB Limitation of Benefit (insurance)
LOB Limited Operating Base
LOB Line Of Bearing/Balance
LOB Line Of Business
LOB Line-Of-Balance (project management)
LOB Live on Board
LOB Load of Bollocks
LOB Local Option Budgeting
LOB Locally Optimum Bayes (parametric theory)
LOB London over the Border (Girl Guides Association geographic area)
LOB Loss of Balance
LOB Loss Of Bargain
LOB Loss Of Break
LOB Lost on Base (military slang)
LOB Lots of Blood (band)
LOB Low-Order Bit
LOB Low-Order Byte
What have you lost? The Illusion...

#3 slatedrake

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Posted 21 October 2007 - 09:24 PM

I believe it stands for - Look Out Below...
Before you start trading get your brain around risk control. Know how much leverage you're using and know when to go to cash if you're wrong.