[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[RT] Fw: Bear Flag Breakout (2)



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=windows-1252" http-equiv=Content-Type>
<META content="MSHTML 5.00.2722.2800" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV>
<DIV>Posted this early Friday morning before I left town&nbsp;and it looks like 
this was never broadcast by the list server.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Earl</DIV>
<DIV>&nbsp;</DIV></DIV>
<DIV style="FONT: 10pt arial">----- Original Message ----- 
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A 
href="mailto:eadamy@xxxxxxxxxx"; title=eadamy@xxxxxxxxxx>Earl Adamy</A> </DIV>
<DIV><B>To:</B> <A href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
<DIV><B>Sent:</B> Friday, May 19, 2000 6:14 AM</DIV>
<DIV><B>Subject:</B> Re: [RT] Bear Flag Breakout (2)</DIV></DIV>
<DIV><BR></DIV>
<DIV>One must always keep in mind that the markets will do whatever they want to 
do, so analysis is directed and improving the odds of trading rather than 
certainties. That said, the correction to date does not&nbsp;qualify (according 
to AGet or my own reading) as a completed w.4 so I will not enter any position 
trades based on transition from w.4 to w.5. I never mind standing aside when I 
do not understand the structure or direction of a market.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Regarding OI, I find it of only occasional use - futures OI is&nbsp;created 
by short sellers selling a future to a willing buyer. On the surface OI would 
seem to&nbsp;offer some information e.g. price going up as OI expands indicates 
the sellers are bearish. In practice however, it is who the sellers are which is 
more meaningful when it comes to futures and one looks to the Commitment Of 
Traders reports for this info. Even this info has limitations - I use it to 
enhance/confirm trading decisions rather than as trading signals.</DIV>
<DIV>&nbsp;</DIV>
<DIV>OOH, a simple OBV study run on futures tick volume can provide rather 
useful information for intraday trading, bonds included.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Earl</DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  <A href="mailto:t-bondtrader@xxxxxxxxxxxx"; 
  title=t-bondtrader@xxxxxxxxxxxx>t-bondtrader</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, May 18, 2000 3:50 
PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Bear Flag Breakout 
(2)</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=Arial size=2>I&nbsp; meant to add to my last post, words to 
  the effect of "What do you think Earl?"&nbsp; Do you think this is a false 
  break out,&nbsp; a real one or into consolidation, or...?&nbsp;&nbsp; And, 
  what about the Open Interest question.&nbsp;&nbsp; It is not something I am 
  bothered about as a day trader and I only get tick volume, as you 
  know.&nbsp;&nbsp; For me, the tape reading I do is much more to do with 
  patterns and support and resistance, than volume or OI, but I am sure this is 
  a different perspective to the position player.</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Arial size=2>While we are at it, how does the breakout feature 
  with EW and Advance GET, etc?</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Arial size=2>Bill Eykyn<BR><A 
  href="http://www.t-bondtrader.com";>www.t-bondtrader.com</A><BR>"Learn to read 
  the tape"</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Wed May 24 20:44:51 2000
Return-Path: <listmanager@xxxxxxxxxxxxxxx>
Received: from mail.pajo.com (mail.pajo.com [216.116.96.4])
	by purebytes.com (8.9.3/8.9.3) with ESMTP id UAA10116
	for <neal@xxxxxxxxxxxxx>; Wed, 24 May 2000 20:18:31 -0700
Received: from REALTRADERS.COM ([208.179.56.198])
	by mail.pajo.com (8.9.1a/8.9.0) with ESMTP id UAA32516;
	Wed, 24 May 2000 20:20:19 -0700
Received: from ptialaska.net by realtraders.com
	with SMTP (MDaemon.v3.0.3.R)
	for <realtraders@xxxxxxxxxxxxxxx>; Wed, 24 May 2000 20:09:34 -0700
Received: from wl7bdnptialaska (dialups-09.pelican.ptialaska.net [209.193.1.9])
	by ptialaska.net (8.8.8/8.8.8) with SMTP id TAA10630;
	Wed, 24 May 2000 19:14:13 -0800 (AKDT)
Message-ID: <004701bfc5f7$4998ae00$0901c1d1@xxxxxxxxxxxxxxxxx>
From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
References: <20000524.221033.-3675367.1.rmac@xxxxxxxx>
Subject: [RT] Re: Gen:Chicken or Egg
Date: Wed, 24 May 2000 22:14:00 -0500
MIME-Version: 1.0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: 7bit
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2919.6600
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2919.6600
X-MDaemon-Deliver-To: realtraders@xxxxxxxxxxxxxxx
X-Return-Path: wl7bdn@xxxxxxxxxxxxx
X-MDRcpt-To: realtraders@xxxxxxxxxxxxxxx
Sender: listmanager@xxxxxxxxxxxxxxx
Precedence: bulk
X-MDMailing-List: realtraders@xxxxxxxxxxxxxxx
X-MDSend-Notifications-To: listmanager@xxxxxxxxxxxxxxx
Reply-To: wl7bdn@xxxxxxxxxxxxx
Status:   

Great post. I was taught that inflation in an economy is exactly the same as
inflating a balloon; the more air you add, the smaller the effect each
molecule has. It seems to me that the gullibility and ignorance of the many
allows the few to redefine the symptoms as the cause.

How can we tell if a (politician) (lawyer) (bureaucrat) is lying?

[This is hyperbole, don't ask, don't tell] Please.


Michael



----- Original Message -----
From: "Ronald McEwan" <rmac@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, May 24, 2000 21:06
Subject: [RT] Gen:Chicken or Egg


| What came first, the chicken or the egg?
| Or in this case Inflation or a rising Money supply?
|
| I took the following data sets:
|
| Consumer Price Index for All Urban Consumers:
| All Items
| 1982-84=100, Not Seasonally Adjusted
| Source: U.S. Department of Labor, Bureau of Labor Statistics
|
| M3 Money Stock
| Not Seasonally Adjusted
| Billions of Dollars
| Source: H.6 Release -- Federal Reserve Board of Governors
|
| I standardized the two series (subtracted the mean and divided by the
| standard deviation) to scale the two data sets to each other.
|
| So does the CPI rise coincidentally with the Money Supply or vice a
| versa? Or is the inflation that  AG is so concerned about due to his own
| action of over increasing the Money Supply?
|
| Ron McEwan