Do Trendlines work?

Discussion in 'Technical Analysis' started by duard, Apr 3, 2005.

  1. #741     May 27, 2005
  2. Now, Discover Your Strengths :cool:
    Marcus Buckingham & Donald 0. Clifton
    Exceedingly appreciated...

    "Finished"

    Kindest Regards...
     
    #742     May 27, 2005
  3. Poor Hegel.
     
    #743     May 27, 2005
  4. Hello:

    I thought I would interrupt your running dialogue here with one comment.

    "Notre dame des fleurs" translates to "Our lady of the flowers"

    Not my native tongue, but I did pay attention in class.

    Now I think I will go out and get some "supplies" for the holiday weekend.

    Good luck to all of you.

    Lefty
     
    #744     May 27, 2005
  5. For deleting my highly literate and relevant post, ET can kiss my sweet articulate ass. Goodbye. "Quoth the raven: 'Nevermore!' " Fucking Nazis!
     
    #745     May 27, 2005
  6. I really hate to see this thread go down the toilet. Is there any possible way we could get back on subject?
     
    #746     May 28, 2005
  7. This trendline really gives me pause as to getting excited about this rally. ES looks pretty much the same.
     
    #747     May 28, 2005
  8. Knowing How to Know
    Idries Shah

    "FINISHED"!

    Kindest Regards...
     
    #748     May 28, 2005
  9. duard

    duard

    No selling but very little buying of SIF's. The overnight gap on 5/17 - 5/18 hasn't filled yet. Looks very similar to the end of December 04' just before drop on 1st trading day. Once all the money is fully invested it'll get taken down. Mutual fund inflows hit a high last week.

    FWIW and GL,

    Duard
     
    #749     May 28, 2005
  10. Nice chart. Rather than take on a directional bias, however, I find it the coolest thing to watch the market's operating point transition to a juncture that leaves only one possibility. It's all telegraphed too, as your chart shows nicely.

    A limitation of my data provider is displaying daily volume on the charts I view. It's part of the annoyance that comes with spending a couple of hundred bucks a month for their service. Fortunately for me there are various sites available that give me what I want, and they're free to boot.

    I like to watch the daily of the cash equivalents of the three indexes that I follow intraday. I call them the three brothers, and there are at times a switch in the usual heirarchy of follow the leader with the index I trade squished in the middle. Little brother has been leading this move for a while.

    In the whole scheme of things nothing I do affects what goes on in the market I trade. But being able to monitor intraday is such an advantage over others who don't, won't or can't. Especially because I know where they play.
     
    #750     May 28, 2005