Cesar, True money will go to the stronger, better run companies with the earnings to show for it. But just like a rising tide lift all boats (well most of the time) so does a monsoon swamps all in its way (some more than others). Right now IBM is ...

Cesarnc's market talk, gossips, rumours & fun

IBM trading unchanged which is the best showing in the Dow 30. Only one in fact not red. How much longer can it hold onnnnnnnnnnnn.

Cesarnc's market talk, gossips, rumours & fun

One thing we can drink to is crude is down around $91

Cesarnc's market talk, gossips, rumours & fun

de123 had to go stirring things up by starting a dem/rep political poll. Instead he should of had a stiff drink and thought it over first. Might cause more members to get the boot. :

Cesarnc's market talk, gossips, rumours & fun

And on the tech note IBM is the obvious biggie and moves the Dow percentage-wise the most. On yesterdays news it gapped up $8 and so far today it has held. If it can keep the gap opened then tech may drag the overall market with it. If not ...

Cesarnc's market talk, gossips, rumours & fun

The key to the Dow/S&P holding are the tech stocks. Right now Banks/Brokers and even the Drugs stocks are tanking. In other words they have past the 5th floor.

Cesarnc's market talk, gossips, rumours & fun

forexian, Definitely the post of the day. I think you will bring a smile to our thread master Cesar when he is up in the AM. And I 2nd turtle's remark about Letterman although I don't think his writers, when there are working, are all ...

Cesarnc's market talk, gossips, rumours & fun

Here is a trade on the 15m GU chart trade taken a few hours ago. There were back to back buy setups but my confirmation was ADX shows the downtrend extended since it was beyond a reading of 40. Once there was an upclose after setup at low I went ...

DeMark Indicators (ADVANCED)

da, I wasn't offended, but I know when somebody wants your input and when they don't. Therefore I appreciate your comments. As far as trendlines go though both charts I posted show examples using swing pivots of a level one(1) category. Valid S/R to ...

DeMark Indicators (ADVANCED)

Nikkei 225 opened positive, now doing the usual pullback. Where to after that ??

Cesarnc's market talk, gossips, rumours & fun

And here is the EU which has a TD Seq 13 in place but appears that it will recycle. Note how nice bottom was formed on 89 XMA, the one and only MA I use:

DeMark Indicators (ADVANCED)

Have been a little busy start of the trading week and all - I trade others markets besides the currencies. Anyway the 2 pairs are watch are EU and GU so here is a forthcoming buy setup in daily GU:

DeMark Indicators (ADVANCED)

Although the writedown numbers and layoffs have gotten bigger and bigger - it's kinda old news. The fed meeting at end of the month (or a possible surprise earlier one) hold the key.

Cesarnc's market talk, gossips, rumours & fun

Cesar, On that note it was here in Boca Raton that IBM gave birth to the 1st major pc the PS 1. Long left behind by Dell/HP/Apple etc. My only connection to IBM was some employees were customers of mine years back when I had a retail business ...

Cesarnc's market talk, gossips, rumours & fun

Here is what we got this morning in our email box from the CME for the S&P500 markets. To GLOBEX traders: Mon Jan 14 03:59:00 2008 EST GLOBEX has ruled to bust a number of trades which occurred between 01:01 and 01:05 Chicago time in the ranges ...

Cesarnc's market talk, gossips, rumours & fun

Appears Tokyo is closed monday - coming of age day. You don't say.

Cesarnc's market talk, gossips, rumours & fun

Agree

Getting rid of indicators

Some believe that is the reason why fibs work too. I believe there is some truth to both working because of being self-fulfilling aspect..........but only some of the time.

Getting rid of indicators

If in fact is was based on FACTS. Then I would readily agree. Like the expression goes "Opinions are like a..holes. We all have one" Edit: Rememeber how this all started - with me pointing out that a trendline with two points is indeed a trendline. ...

Indicator Free Trading - Skunny

I think it is a matter of definition. "Pivot Levels" in my mind are "Daily Pivots" i.e. (H+L+C)/3. "Pivots" or "Swing Pivots" are pure and simple right on the chart. Daily Pivots are another form of indicator. So if you are referring to points on a ...

Getting rid of indicators