thanks btw, i think i will be getting some new info on the cvd indicator from TT on Wednesday out in Vegas --- i will keep you informed.
Please let me know what you learn. You're probably visited this site already but it's going to take me a while to figure these products out. http://www.smartquant.com/
yes i have been following this development with TT and i am hoping to talk to Alvin Tanpoco more about what all the new capabilities will be.
Hi guys, I visited the link. This looks very high tech: quantitative analysis. Would appreciate, if you two would keep me informed, if you believe there is something worthwhile to be examined. I have always had a deep seated feeling that there is much more to be discovered about EW. But I think it will take and younger and brighter mind than this old man
http://www.federalreserve.gov/boarddocs/press/monetary/2005/20051213/default.htm For immediate release The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 4-1/4 percent. Despite elevated energy prices and hurricane-related disruptions, the expansion in economic activity appears solid. Core inflation has stayed relatively low in recent months and longer-term inflation expectations remain contained. Nevertheless, possible increases in resource utilization as well as elevated energy prices have the potential to add to inflation pressures. The Committee judges that some further measured policy firming is likely to be needed to keep the risks to the attainment of both sustainable economic growth and price stability roughly in balance. In any event, the Committee will respond to changes in economic prospects as needed to foster these objectives. Voting for the FOMC monetary policy action were: Alan Greenspan, Chairman; Timothy F. Geithner, Vice Chairman; Susan S. Bies; Roger W. Ferguson, Jr.; Richard W. Fisher; Donald L. Kohn; Michael H. Moskow; Mark W. Olson; Anthony M. Santomero; and Gary H. Stern. In a related action, the Board of Governors unanimously approved a 25-basis point increase in the discount rate to 5-1/4 percent. In taking this action, the Board approved the requests submitted by the Boards of Directors of the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco. 2005 Monetary policy -------------------------------------------------------------------------------- Home | News and events Accessibility Last update: December 13, 2005
Good post! "The Committee judges that some further measured policy firming is likely to be needed to keep the risks to the attainment of both sustainable economic growth and price stability roughly in balance. In any event, the Committee will respond to changes in economic prospects as needed to foster these objectives." Close to an end? We already knew that