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Tanked ~1.3% in less than an hour near the end, which I thought mifght be the start of a crash. But, profit taking prevailed. Still 2 more days to see if we get 3% in less than an hour.

What would happen if they didn't cut and UK's credit rating was downgraded? I'm sure that a lot more than 1.5Million jobs would be lost if UK had to pay substantially more to service the debt.

Are you serious about that formula? If so, what is the link? The actual crash was about 7% in 20 minutes as the market was already down hundreds of points on the day. So, roughly half that or more in an hour to the downside would still be considered significant.

Just pointing out that market conditions seem similar now to those leading up to May 6. The Dow had lost several hundred points from the high in the days leading up to the May 6 crash. The crash confirmed the down trend we have been in since late April. Presently, Dow has lost several...

My guess is about a 30% chance.

What would you say the odds are of a "flash crash" (3% or more drop during a one hour period during RTH) later this week? None of the economic data has been good lately. Also, the indices seem to have broken some support levels. There also seems to be anticipation that the jobs report won't...

Hi clarodina. I haven't used ts 2000i. This is for TS version 8.x. You have to ask their tech support if they have a forum/ web site with global variable/all data everywhere stuff for that platform. The DLLs for 8.x are third party, I believe.

The "spend and stimulate until the economy grows" crowd are forgetting two words: credit rating. If the other western economies cut spending and the US doesn't, our credit rating will be cut. This is despite the reserve currency status.

Hard to believe that someone actually agrees with me that drastically and mercilessly cutting federal spending is the only way to save western economies for the long run. Every dog has its day... It is very cold somewhere very deep underground now...

You are right in that cutting military spending by 300B and the rest of gov't spending by 700B in wartime is a bit extreme. I'll change that to cut military by 180B and the rest of govt by 820B during war. Once we win the wars, cut military spending by 350B and the rest of govt by 650B.

Ho hum, here we go again. Defense spending is not mandatory. Congress defines it as discretionary. Mandatory programs are social security, medicare, etc. The constitution mandates we have a defense department. But it does not mandate we bankrupt ourselves with military spending. Also, do...

Yeah, I know I'm guilty in going over board with the "we need to cut spending now or it is doomsday" posts. However, we need to recognize the root causes of a situation before settling on a solution that will last. The problem is that so few people will recognize or acknowledge the root...

To counter, Fed govt spending was ~1.9T when Clinton left office and the economy was in great shape. Now, Fed gov't spending is ~3.8T and the economy is in shambles. Federal gov't spending has doubled in less than 10 years without a positive impact on the economy. That's because the gov't...

My accounting is perfect. I will stick by the numbers I found on government and other websites. This is focused on federal spending only since state and local govts cannot run deficits. The constitution does not mandate 800B per year on defense. If so, how did Clinton only spend 300B per...

Typical uninformed response. Keep in mind that most social spending is paid for by a tax. Medicare and social Security have run a combined surplus of ~3T dollars so far. So, none of the 13T debt is due to these two social programs. Defense spending is the largest form of corporate...

Now that I have a little time, I can post a few examples from code I wrote. Global variable sender indicator: if LastbaronChart then Begin dummy = GVSetinteger(1, data); end; this sets integer global variable 1 to the integer stored in the variable data. Global...

The announcers kept saying it was the "physical" defense that was causing all of the misses. I don't buy that. There were an insane number of open shots and not strongly defended shots missed. In fact, the scoring did not pick up until the refs called the 4th quarter tighter than they did...

Really miss the good old days of basketball where you had to be able to shoot the ball to play...

You would need to Download a bunch of TS specific DLLs for this to work. I thought the author of this post had TS. I gave the link because I'm not going to post dozens of pages of code and links that wouldn't work unless one had TS anyway.

I don't know about MC. If you are already using TS, you might want to try what I posted. It doesnt take much time to customize it and make it work for a specific application.