Silicon Investor (SI) -- The First Internet Community

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 : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: JW@KSC who wrote (7453)	7/4/2008 4:09:27 PM
From: Galirayo	Read Replies (1) \| Respond to of 41419

Nice Post there JW .. Nice Bears .. ;) .. We were going to do some Fishin and a Grillin but it's been Rainin all day. So I've been dinking with program that JoAT told me about. It takes a bit of getting used to but it has some nice tools in it. The Free Trial Rev won't let me do indices but it has GLD. The Text Part is better than the other one but the Gann Fans are Thumbs Down unless I figure out how to tweak them. Looks Good with Fibs on it. Ski pointed out how GLD makes a Lot of Triangle formations. img509.imageshack.us

To: JW@KSC who wrote (7453)	7/4/2008 5:51:21 PM
From: Galirayo	Respond to of 41419

The Index I used to watch "alot" was the Hang Seng. After looking at your charts I decided to see how bad it looked LT. These thick Red lines are the Gann 1x1 Drawn on the 45* Degree Angle. In order to use Gann Fans they have to be drawn on a Linear .. NOT LOG chart. I placed 2 45's and a 135 on the Pivots .. then added the Fan to make sure it matched the Angles. It's already Broken in My Book ... Except for the other Trend lines in 'Blue" that might possibly be the Neckline of a Compound H&S Formation. If so .. it's just a matter of Semantics and a little more Time now. I'd guess the "Purple" Trendline will go poof too. 21093 should be where the Blue Line is next week. img381.imageshack.us

To: JW@KSC who wrote (7453)	7/6/2008 5:10:36 PM
From: skinowski	Respond to of 41419

Nice overview, thanks. About petrodollars -- I think that a huge proportion of these may not, in fact, exist. Currencies get swapped into each other continuously, in astronomic amounts - and with the speed of light. Always suspected that the notion that anyone needs to "buy" dollars to buy oil is not a useful one. In fact, in many transactions those "USD"s are merely a convenient measuring stick to which other values and currencies involved in trades are compared. To the extent that this is the case, dollar bears may not get the decline they expect. Gold.... may have qualities of money, but it is also a commodity, the price of which is determined by supply and demand. I wonder if as a result of a global economic slowdown, unemployment, etc. the demand for gold may not in fact slow down quite a bit.