Another chart, inventories to sales ratios.
Santa Clause Rally=Much Higher=More Records
- Thread starter myminitrading
- Start date
Now that the fed is out of the way here comes all the great data.
Hoo hooo hooo merry christmas
Hoo hooo hooo merry christmas
Here comes the oil inventories, just in time to save the Dow, knock oil down so Dow can rally, here comes santa.
Here we go get ready to rally back up in the Dow.
Oops oil spiking up.... Dow hanging tough.
forgetting everything I know (which isnt hard) and just looking at this market..
They sell the futs down on high volume and walk it back up to new highs on less than 1/4 the volume we went down on..
If you see volume come in wait for the dip.... as soon as volume dies .. go long 200% margin and you can't lose
every day same thing for years now
They sell the futs down on high volume and walk it back up to new highs on less than 1/4 the volume we went down on..
If you see volume come in wait for the dip.... as soon as volume dies .. go long 200% margin and you can't lose
every day same thing for years now
hmmm, think this behavior might have something to do with slippage and spreads shrinking on high down volume and then as volume falls off to digest "they" switch to a margin income mechanism by betting on speculators "doubling up" on optimism on the fatter up spreads?
Sounds like some of you guys are well trained to participate in a perpetual commission/margin yo-yo cycle. Just make sure at the end of the month when monthly expense and Profit-Loss statements are reconciled you are still net positive (unless shorting self).
Frankly my latest thesis is that the huge hedge funds are all indirectly in the margin loan shark business. They pretend to be heavy into derivatives but make the real money in high-yield margin income by inducing volatility on the underlying's they control. You see they all have a quid pro quo equity sharing relationship or underwriting interests in the large trading brokerages. Someday somone will catch on that they have created an unstable positive feedback loop by indirectly underwriting the margin obligations on all the contracts and equities that brokers hold in house inventory. Woe the day when traders, SEC & governments figure out that what's been driving the global markets is the massive global liquidity that was created by an elaborate ponzi scheme. Its only a matter of time till it people come to understand that the underlying market tangible assets are all circumstantially and pathologically cross coupled in a co-dependent credit guarantee to each other. Then it becomes clear that everyone else is trading on random noise and the perceived values of arbitrary and transient trading spreads rather than anything of real intrinsic value change. :eek:
But for now just BUY BUY BUY because ignorance is bliss as long as everyone else remains of the same mind...
TS
The crystal meth epidemic in this country is getting really bad. Seek help man.