Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Shack who wrote (22289)	11/25/2001 3:43:47 PM
From: Shack	Read Replies (3) of 209892

OT. As I try to put the puzzle together, it strikes me that there are several interesting developments which seem to be lining up TA-wise. Firstly is the sell-off in Bonds. Here is the long bond historical chart. stockcharts.com Although not shown here is the fact that we have broken below the most recent UT line. It certainly looks like we have some room to sell off further. Secondly, this chart looks poised for a strong move down. futures.tradingcharts.com The clownbuck has retraced 61.8% of its recent swoon and is back to 118 resistance. A right shoulder? It looks like a great short to me. I hypothesize that the 'hot money' as Noland calls it will not stick around in the US debt market if it continues to tank. We're talking billions of dollars internationally. These outflows would be the catalyst for a US$ drubbing. This leads to my next chart: angelfire.com A move down in the clownbuck would likely precipitate a move up in the Yellow Dog of some degree. My roadmap for the HUI has a major turn up arriving this week after perhaps one more little flush. Just looking for some rationale here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next