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This is for Mr. Hiroshi Sato, perhaps.
I did not see indications for a technical rebound in N100 yet.
Besides that, how about vix?
Any specific code/analysis ?
DT
--- In amibroker@xxxx, "John" <jarnold01@xxxx> wrote:
> DT,
>
> "Sure, this is just a technical rebound" could be when the vix hits
> 50. You may want to watch that.
>
> John
>
> --- In amibroker@xxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> wrote:
> > To mention here Hiroshi Sato, general manager at Cosmo
Securities'
> > equities department in Tokyo.
> > "Sure, this is just a technical rebound, but let's enjoy it while
> it
> > lasts,"
> > [from http://biz.yahoo.com/rf/021010/markets_global_10.html]
> > DT
> >
> > --- In amibroker@xxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx> wrote:
> > > Many people were named guru during the bullish years.
> > > They were not educated in fundamental or technical analysis.
> > > They were just pushing prices higher and higher.
> > > MACD was a fine solution for charts, as long as it was not
> crossing
> > > its signal for months !!
> > > StochD was not important, it was from 60 to 90 for exrended
> periods.
> > > Crazy P/Es were promissing huge profits not only for us but for
> the
> > 3
> > > next generations !!
> > > Crazy profits in new tech for example, when I payed $1800 back
in
> > > 1989 for my brand new 386 and less than the half for my
PIII/800
> in
> > > 2000 !!
> > > After the end of the bubble, the same people walked the
dangerous
> > > [and wrong] path : they continued serving the bullish dream.
> > > In any local trough, the very next day after the reaction, they
> > were
> > > giving bold promises for a new high.
> > > The reason is simple : they did not know something else to do.
> > > But the market was falling again and again.
> > > Nearly 3 years later some people still remain on this bullish
> > dream,
> > > some gurus still remain on the same side, but who cares !!
> > > They did not see the bearish reality, which is much more real
> than
> > > the bullish bubble.
> > > We should face the recent example : What happened yesterday ?
> > > YHOO announced a third-quarter profit of 5 cents a share late
> > > Wednesday,
> > > a penny above estimates, and raised its revenue forecast for
> 2002.
> > > Aetna Inc. New (NYSE:AET) had some optimistic forecasts, GE
will
> > > announce a profit report before the Friday´s open.
> > > Are these [and some other minor] events the reason for an
> > > enthusiastic gap up ?
> > > I would consider more important to read an announcement for
> > divident
> > > payment for some "great" companies.
> > > [You may see also
> > >
> http://money.cnn.com/2002/10/10/pf/investing/q_dividends/index.htm]
> > > This would be a serious reason to buy and hold
some "promissing"
> > > stocks of the "new" tech.
> > > Else I am obliged to invent new techniques to take a +10% from
> > CSCO,
> > > applying a "take the money and run" logic.
> > > I will be a fool if I forget that the last 2 months CSCO price
> did
> > > not pay any respect to ANY technical support.
> > > Does this behavior reflects the company perspectives [to apply
> the
> > No
> > > 1 Stockmarket axiom]?
> > > I am not the authorised person to answer. Did we see any
serious
> > > reply to this fundamental question by any authorised person ?
> > > [If positive, please let me know...]. Was there any serious
> > > fundamental reason to drop from $15 [Aug22] to $8.5 [Oct10] in
32
> > > trading days ???
> > > Probably not.
> > > We have to understand that we are alone in this wild market, we
> do
> > > not need any uneducated guru to give any advise.
> > > The only solution, in my opinion, is our continuous fundamental
> and
> > > technical education.
> > > And especially for this technical part, Amibroker forum is one
of
> > the
> > > best.
> > > Enough for now, it is 10:00 and ^Gdax opens.
> > > Thank you for the opportunity.
> > > Dimitris Tsokakis
> > >
> > > --- In amibroker@xxxx, "eseward_2000" <eseward_2000@xxxx> wrote:
> > > > Thanks, Dimitris; that was worth reading.
> > > >
> > > > Bill
> > > >
> > > >
> > > > --- In amibroker@xxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx>
> wrote:
> > > > >
http://money.cnn.com/2002/10/09/markets/strategists/index.htm
> > > > > Interesting and educative.
> > > > > DT
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