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You heard it here first. In a few months we're going to look back at this and say, "Shit! That wasn't as bad as we thought it was going to be!" If things are so crappy, why is a stock like HON recovering?

Everything works only half the time. Reliability occurs when two or three somethings pop off nearly simultenuously. Events in $NDX add spice to the S/R stew. I believe the great philosophe Y. Berra said "Sometimes you'll see things if you take the trouble to look."

Thanks for the reference. M. Tortoise. But it didn't cross the 50 day ema of the close, so it doesn't count.

I love posting charts almost nobody looks at. Reaffirms my faith in ET. I absolutely loathe RTN. Bunch of bastards. But here you are. The first defense company to revive. Perchance they were heavy contributors to YOUR new pres'det's campaign? The rest of the pack is close behind.

Ollie only needs one sucker to pony up $6400 for his two-day "guaranteed riches" course to pay for the event. I concluded that the "audited" PNL Ollie shows in his promo package must be the cumulative net from all the sucker fees.

What Spydie says is correct. But he has the advantage of a faster update rate for $SPX. At $NDX's 15 second rate it has no value. And unfortunately, calculating a faster $NDX takes prodigious BW and speed resources. I use $NDX because the timing of S/R are clearer than on an NQ chart. Doesn't...

If you want REALLY old TA, back to the middle ages before even Jack was born, look at the significance of the gold-to-silver price ratio.

In what elements of the cash chart were you looking for better definition?

The very first TA was Charles Dow's 1/3 retrace and the Dow theory of transportations vs. industrials. The best before that was Livermore's "Buy when they cry and sell when they yell." The latter still being quite valid. An excellent book from 1932 is Schabacker's Technical Analysis and Stock...

TD, if it were anyone but you asking, I would figure it was a pro fishing expedition to fade paper. I am a firm believer in using $NDX to time NQ trades. That said, is my "yes" vote a fade?

I live for trading. Does that count?

http://www.bloomberg.com/apps/news?pid=20601087&sid=att.7JO8kTXE&refer=home

I am ambivalent about this one. Is LOW recovering because the economy is stealthily looking up? Or because no matter how shitty it gets, you still have to fix that broken faucet? In any event, they get a lot of my money.

All I am permitted to say by the homeowners' association bylaws is the following code words for local nightlife: a cute but smelly overnight visitor we refer to in code as a "Skunk" one who has thin legs and yips in excitement we call a "Coyote" a hairy-legged one is a "Tarantula"...

I beg to differ. Riff-raff isn't permitted to cruise around checking things out where I live in Dallas. Like the best trading systems, the best living is closely held.

I have been posting here stocks whose performance sems to presage recovery. They are also companies I patronize. I eat a Supreme Croissant at Jack's almost every morning. America seems to be reopening its pocketbook to fast food.

I got an offer in the mail recently from Ollie Velez to make me instantly rich for only $6000. Ya reckon he is chargin' enuf that it's the real deal?

Looks like your broker made more money than you did. There were three trades yesterday.

It is insidious. We are programmed from early youth. Eat this long shelf-life hybrid tomato whose seeds will not regrow itself. Pay for this thing tomorow that you cannot afford today. Become excited by this artifically inflated woman. Proclaim your status with this watch costing 1000 times the...

So, Hoodooman, do you think that old folks with hard stories like yours are in all cash now? I did it 16 months ago. Do they already know what others will be figuring out soon? Like with electricity at 13 cents a kWHr, cooking with your propane gas grill is 60% more efficient than electricity...