SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (50083)8/14/2002 7:46:24 PM
From: bcrafty  Respond to of 209892
 
I think you mean "baloney" to Israel or Bollinger

Task is only a reporter quoting what others are telling him like Robert Israel or John Bollinger or the "others" he mentioned that made observations to him (whether his sources are right or wrong about their statements or conclusions is another story). I'm not defending him or his story, but nevertheless I don't consider his article to be an editorial.

I'm not sure what to infer from your charts, as you showed a daily of the treasury yield and an intraday of the Dow. But even when I plotted them in similar timeframes I didn't see a relationship between them for today intraday either, as I believe you were implying there was none. Maybe a 15-minute chart comparing volume of bond selling vs. volume of stock buying might tell us something (and maybe it won't) but I don't know how to make one like that.

Anyway, Task's article was assumedly trying to explain today's afternoon rally. I surely can't offer an explanation or expand on the thoughts he mentioned. His statements seem to echo what I'm reading elsewhere as well. Do you have any ideas about the cause (other than intervention)?