coolhand's Account Talk

[coolhand]

CH, do you need to be a member of SS to access the website?

And also thanks for contributing your insight and opinions.

ball'n

I'm assuming you are talking about Trader's Talk. The site does not require membership, but some of the message boards are password protected. I usually browse the Fearless Forecasters MB, but there are others with free access.

 

[coolhand]

http://www.timingpointprojector.com/

 

[turbo23dog]

I assume that I'm like many here in not understanding the SS charts on Traders' Talk. I've looked them over several times and still have no idea how to interpret. I rely on CH's interpretations and announcements here for SS buy and sell signals.

 

[turbo23dog]

http://www.timingpointprojector.com/

Woah, that's a pretty ugly looking prediction for May-June 2010...

 

[alevin]

Eh, its right ugly. I have another to match it coming up tonight from DeMark Monthly/Quarterly patterns I saw doing my DeMark homework couple nights ago.

 

[airlift]

Coolhand,

Based on previous experiences with tentative signals by the SS or, IYB, and considering Frixxx's opinion that it is not a strong ending in any direction, any thoughts on the possibility that this signal might be reversed tomorrow. Tia. Would strong or impressive economic numbers be enough to influence sentiment, or are we definitely set on this? Sorry for posting this same question as in your blog.

 

[coolhand]

CH, do you need to be a member of SS to access the website?

And also thanks for contributing your insight and opinions.

ball'n

ball'n,

I was made aware by one of our board members that IYB (the guy who developed the Seven Sentinels) is working on a trading board called sevensentinels.com. I knew he was doing some work on a new website, but I did not know the name of it until yesterday (I did a google search). I think this is what you were referring to. It is not active yet, but it will be interesting to see it once he completes the project.

~cool

 

[airlift]

I'm going to follow the SS today 100G. Good luck to all!

 

[coolhand]

For those of you moving to G fund today (like me) the negative durable goods data this morning may very well create a short covering rally. Futures are down, so if we can a gap down at the open that could easily translate into a bearish sentiment spike, and we know what generally happens when sentiment moves too fast in one direction.

 

[coolhand]

http://market-ticker.org/archives/1464-Reform-One-Central-Banker-That-Gets-It.html

 

[Frixxxx]

Coolhand,

Preach it!!! More trials and HUUUUUUGe Jail time for the thieves!

http://market-ticker.org/archives/1464-Reform-One-Central-Banker-That-Gets-It.html

 

[Guest2]

For those of you moving to G fund today (like me) the negative durable goods data this morning may very well create a short covering rally. Futures are down, so if we can a gap down at the open that could easily translate into a bearish sentiment spike, and we know what generally happens when sentiment moves too fast in one direction.

Thanks Coolhand and welcome to the (G)arage !

 

[coolhand]

http://www.usdebtclock.org/

 

[nasa1974]

http://www.usdebtclock.org/

CH,

Interesting website. Thanks.

 

[coolhand]

This is the rally I was looking for Friday.

Bearishness rose quick again so strength follows. We'll have to see if it sticks throughout the day, and if it has any legs after that. We could still see more weakness during the course of the week.

 

[malyla]

This is the rally I was looking for Friday.

Bearishness rose quick again so strength follows. We'll have to see if it sticks throughout the day, and if it has any legs after that. We could still see more weakness during the course of the week.

Do you think this rally (if it continues) will signal a SSBS?

 

[coolhand]

Do you think this rally (if it continues) will signal a SSBS?

I hope not, but it's possible. I've said I didn't expect the sell signal to last too long, but two days is not something I'd plan on. This is a tricky week too as it's the end of the quarter. There are other factors at play as well.

http://www.briefing.com/Investor/Public/MarketSnapshot/PageOne.htm

 

[JTH]

This isn't the first time we've had a quick switch. You can't fault the system, but with the IFT limits how do you follow the system when you're out of IFTs?

 

[Bullitt]

That's the beauty of it. If you look at a long term chart of the S&P or the Dow and throw in the 200 DMA, an initial observation is to buy when it's over the SMA and sell when it goes below. Upon closer inspection, you'd see that there were many, many whipsaws along the way.

 

[fedgolfer]

with all the murders and executions... I mean mergers and acquisitions, evidently the CEO/CFO bidders still think these are bargain prices in the big picture. Do you really think we're smarter than them?

BTW, I borrowed that line from "American Psycho", I'm not that clever.