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fib_1618

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Reply with quote  #1 
2010-12-23 15:59:32 [Message] fib_1618 -> Chat: good day
2010-12-23 15:59:35 [Message] fib_1618 -> Chat: how is everyone?
2010-12-23 16:01:07 [Message] sp 112358 -> Chat: Good, Have you recovered from your holiday yet?
2010-12-23 16:01:12 [Message] fib_1618 -> Chat: well...I've just found out that the markets are actually closed tomorrow in the US
2010-12-23 16:01:21 [Message] fib_1618 -> Chat: recovered?
2010-12-23 16:01:32 [Message] fib_1618 -> Chat: I never got a chance to relax!
2010-12-23 16:01:58 [Message] fib_1618 -> Chat: my holidays are just too short
2010-12-23 16:02:09 [Message] fib_1618 -> Chat: I need holidays like you blokes have in England
2010-12-23 16:02:14 [Message] fib_1618 -> Chat: 6 weeks at a time!
2010-12-23 16:02:28 [Message] fib_1618 -> Chat: paid, no less!
2010-12-23 16:02:32 [Message] sp 112358 -> Chat: Yep, but we put in longer hours
2010-12-23 16:02:40 [Message] fib_1618 -> Chat: oh...yea...I'm sure!
2010-12-23 16:02:42 [Message] fib_1618 -> Chat: lol
2010-12-23 16:02:45 [Message] sp 112358 -> Chat: Need holidays like Germany
2010-12-23 16:02:54 [Message] fib_1618 -> Chat: what...6 months at a time?!?!
2010-12-23 16:02:56 [Message] fib_1618 -> Chat: lol
2010-12-23 16:03:12 [Message] sp 112358 -> Chat: Long holidays there but you work your butt off during the day
2010-12-23 16:03:25 [Message] fib_1618 -> Chat: everyone works their butt off
2010-12-23 16:03:42 [Message] fib_1618 -> Chat: me? - I work about 70 hours a week
2010-12-23 16:03:56 [Message] fib_1618 -> Chat: I barely eat, bath, and sleep
2010-12-23 16:04:10 [Message] fib_1618 -> Chat: so do I qualify for those extended holidays?
2010-12-23 16:04:13 [Message] sp 112358 -> Chat: Your folks must love your hygiene
2010-12-23 16:04:21 [Message] fib_1618 -> Chat: I'm clean
2010-12-23 16:04:25 [Message] fib_1618 -> Chat:
2010-12-23 16:04:42 [Message] fib_1618 -> Chat: OK...I have a feeling that there's not going to be too much to talk about tonight
2010-12-23 16:04:47 [Message] fib_1618 -> Chat: and with the markets closed tomorrow
2010-12-23 16:04:49 [Message] thespookyone -> Chat: 70 hours sounds familiar
2010-12-23 16:05:00 [Message] fib_1618 -> Chat: maybe what we should do is have an open forum tonight
2010-12-23 16:05:06 [Message] fib_1618 -> Chat: anything and everything on the table
2010-12-23 16:05:30 [Message] thespookyone -> Chat: sounds good
2010-12-23 16:05:34 [Message] fib_1618 -> Chat: you want to talk about certain analytical tools that you've found success with?
2010-12-23 16:05:38 [Message] fib_1618 -> Chat: or maybe don't have a handle on?
2010-12-23 16:05:44 [Message] fib_1618 -> Chat: let's chat about it
2010-12-23 16:06:21 [Message] fib_1618 -> Chat: so...vhat do you vant to talk about?
2010-12-23 16:06:51 [Message] thespookyone -> Chat: I don't care for the look of the NDX, especially volume wise
2010-12-23 16:07:06 [Message] fib_1618 -> Chat: daily volume?
2010-12-23 16:07:16 [Message] thespookyone -> Chat: yes, MCO
2010-12-23 16:07:32 [Message] thespookyone -> Chat: it not only didn't lead-it didn't follow
2010-12-23 16:07:43 [Message] fib_1618 -> Chat: which one...the trend of volume or daily volume numbers?
2010-12-23 16:07:45 [Message] fib_1618 -> Chat: both?
2010-12-23 16:07:49 [Message] thespookyone -> Chat: both
2010-12-23 16:08:01 [Message] fib_1618 -> Chat: looking at the daily volume numbers
2010-12-23 16:08:21 [Message] fib_1618 -> Chat: we already know by experience that volume will drop during the last two weeks of the year
2010-12-23 16:08:41 [Message] fib_1618 -> Chat: so what becomes important here is the dissection of this daily number
2010-12-23 16:08:56 [Message] fib_1618 -> Chat: or the plurality quotient
2010-12-23 16:09:04 [Message] fib_1618 -> Chat: let's go to the NDX volume MCO
2010-12-23 16:09:30 [Message] fib_1618 -> Chat: http://www.decisionpoint.com/prime/dailycharts/McOsi_Vol_NDX.html
2010-12-23 16:09:48 [Message] fib_1618 -> Chat: with the declining daily volume
2010-12-23 16:10:02 [Message] fib_1618 -> Chat: there is little in the way of a trend that can be measured on a short term basis
2010-12-23 16:10:14 [Message] fib_1618 -> Chat: because of this, the MCO will tend to gyrate on and around the zero line
2010-12-23 16:10:23 [Message] fib_1618 -> Chat: and it has been doing just that
2010-12-23 16:10:23 [Message] thespookyone -> Chat: it flat-lined the whole last up-move
2010-12-23 16:10:55 [Message] fib_1618 -> Chat: yes...it has
2010-12-23 16:10:57 [Message] thespookyone -> Chat: other indexes don't look the same
2010-12-23 16:11:04 [Message] fib_1618 -> Chat: but we also need to consider a couple of things
2010-12-23 16:11:23 [Message] fib_1618 -> Chat: first is that we had a reading as high as +1500 prior to the reversal
2010-12-23 16:12:12 [Message] fib_1618 -> Chat: with this amount of energy provided, like Newton's 3rd Law of Motion, prices will tend to continue moving higher until enough force is applied to degrade this momentum,
2010-12-23 16:12:23 [Message] fib_1618 -> Chat: now...
2010-12-23 16:12:28 [Message] fib_1618 -> Chat: as we talked about yesterday
2010-12-23 16:12:59 [Message] fib_1618 -> Chat: having this MCSUM riding the +500 level might be interpreted as a bullish situation
2010-12-23 16:13:26 [Message] fib_1618 -> Chat: as the +500 level is the area in which "escape velocity" of the price trend can be sustained
2010-12-23 16:13:41 [Message] fib_1618 -> Chat: so if we're riding this level as if it's a zero line
2010-12-23 16:14:08 [Message] fib_1618 -> Chat: the implication here is that once clarity is known to a point in which traders can actually put money to work
2010-12-23 16:14:30 [Message] fib_1618 -> Chat: it won't take as much fuel to drive the NDX price index to even higher levels
2010-12-23 16:15:34 [Message] thespookyone -> Chat: naz and xle were both quite high before this, as well, both trended up during the move, the ndx looks weak without volume
2010-12-23 16:15:59 [Message] fib_1618 -> Chat: I don't know if I would call it weak as it might be resting
2010-12-23 16:16:10 [Message] thespookyone -> Chat: price didn't rest
2010-12-23 16:16:11 [Message] fib_1618 -> Chat: with a lot of evening up already done
2010-12-23 16:16:42 [Message] fib_1618 -> Chat: price is moving under the momentum already generated from July to November
2010-12-23 16:16:44 [Message] fib_1618 -> Chat: eventually this will run out
2010-12-23 16:16:59 [Message] fib_1618 -> Chat: unless fresh energy comes into the market
2010-12-23 16:17:00 [Message] fib_1618 -> Chat: at this point
2010-12-23 16:17:09 [Message] fib_1618 -> Chat: and forgetting for a moment what MCSUM level we're at
2010-12-23 16:17:30 [Message] fib_1618 -> Chat: to have the MCSUM moving net sideways is an indication of indecision
2010-12-23 16:17:56 [Message] fib_1618 -> Chat: this indecision will eventually be rectified
2010-12-23 16:18:05 [Message] thespookyone -> Chat: I guess I just don't care for price leading volume-and even less for volume lagging it-old trader thing I suppose, thx
2010-12-23 16:18:19 [Message] fib_1618 -> Chat: but as long as it doesn't break lower...the price trend can continue to float higher
2010-12-23 16:18:32 [Message] fib_1618 -> Chat: well...
2010-12-23 16:18:40 [Message] fib_1618 -> Chat: there are different schools of thought here
2010-12-23 16:18:57 [Message] fib_1618 -> Chat: the key here has to do more with breadth than volume when it comes to leadership
2010-12-23 16:19:14 [Message] fib_1618 -> Chat: prices can rise or fall based solely on who exactly is out there trading
2010-12-23 16:19:18 [Message] fib_1618 -> Chat: if you're a bear
2010-12-23 16:19:34 [Message] fib_1618 -> Chat: you've been burned so many times that you're basically sitting aside here
2010-12-23 16:19:46 [Message] fib_1618 -> Chat: if you have longs, you're holding
2010-12-23 16:20:14 [Message] fib_1618 -> Chat: so if the demand is there, and the supply is stagnant, prices have only one direction to move
2010-12-23 16:20:41 [Message] fib_1618 -> Chat: again...remember that we're dealing with historic liquidity levels
2010-12-23 16:20:58 [Message] fib_1618 -> Chat: eventually, this money is going to move into the market given the alternatives
2010-12-23 16:21:05 [Message] fib_1618 -> Chat: if you're a technical trader
2010-12-23 16:21:23 [Message] fib_1618 -> Chat: and you continue to see each and every day that prices are holding in bullish configurations
2010-12-23 16:21:26 [Message] fib_1618 -> Chat: you're going to buy
2010-12-23 16:21:35 [Message] fib_1618 -> Chat: or at least...you're not likely to sell
2010-12-23 16:22:02 [Message] fib_1618 -> Chat: so the demand function here just moves prices in the direction of "least resistance"
2010-12-23 16:22:11 [Message] fib_1618 -> Chat: now...with that said
2010-12-23 16:22:29 [Message] fib_1618 -> Chat: what happens in January when, by all accounts, volume should return?
2010-12-23 16:22:43 [Message] fib_1618 -> Chat: (or at least we won't have the holiday excuse anymore)
2010-12-23 16:22:46 [Message] thespookyone -> Chat: that is my concern=bingo
2010-12-23 16:22:50 [Message] fib_1618 -> Chat: well...nothing changes really
2010-12-23 16:23:07 [Message] fib_1618 -> Chat: because as long as there isn't enough opposite force applied by the bears
2010-12-23 16:23:42 [Message] fib_1618 -> Chat: prices will continue move forward to work off any further forward motion provided by fuel already used
2010-12-23 16:23:57 [Message] fib_1618 -> Chat: again...I'll bring up the car analogy here
2010-12-23 16:24:14 [Message] fib_1618 -> Chat: if you step on the accelerator to get to 50 miles an hour
2010-12-23 16:24:27 [Message] fib_1618 -> Chat: and you then decide to take your foot off the accelerator pedal
2010-12-23 16:25:18 [Message] fib_1618 -> Chat: you will continue to move forward to a point where 1) an opposite force is able to slow you down to a stop or 2) you continue to roll forward until your forward motion has exhausted
2010-12-23 16:25:23 [Message] fib_1618 -> Chat: it's the same concept here
2010-12-23 16:25:33 [Message] fib_1618 -> Chat: you don't need any more fuel to reach your target
2010-12-23 16:25:39 [Message] thespookyone -> Chat: I'm with you-but it looks like the NDX already coasted a 5 wave up
2010-12-23 16:25:46 [Message] fib_1618 -> Chat: yes
2010-12-23 16:25:52 [Message] fib_1618 -> Chat: and we talked about that yesterday
2010-12-23 16:26:16 [Message] fib_1618 -> Chat: but I think it was with the SML
2010-12-23 16:26:23 [Message] fib_1618 -> Chat: (I forget)
2010-12-23 16:26:27 [Message] fib_1618 -> Chat: the bottom line is this
2010-12-23 16:26:39 [Message] fib_1618 -> Chat: I understand your uneasiness here
2010-12-23 16:27:01 [Message] fib_1618 -> Chat: but until money decides that there still more value to be had here
2010-12-23 16:27:26 [Message] fib_1618 -> Chat: prices will, as they've been doing the entire month of December, continue to move in the direction of least resistance
2010-12-23 16:28:04 [Message] thespookyone -> Chat: one more question-is it possible some of the money leaving gold goes to equities this time?
2010-12-23 16:28:14 [Message] fib_1618 -> Chat: it's unlikely
2010-12-23 16:28:24 [Message] fib_1618 -> Chat: but that's my experience
2010-12-23 16:28:33 [Message] fib_1618 -> Chat: how about I answer it this way
2010-12-23 16:28:45 [Message] fib_1618 -> Chat: when money moves out of gold
2010-12-23 16:28:52 [Message] fib_1618 -> Chat: where does it go next?
2010-12-23 16:29:03 [Message] thespookyone -> Chat: commodities
2010-12-23 16:29:08 [Message] fib_1618 -> Chat: OK...
2010-12-23 16:29:16 [Message] fib_1618 -> Chat: what have commodities been doing for the last month?
2010-12-23 16:29:22 [Message] thespookyone -> Chat: skying
2010-12-23 16:29:29 [Message] fib_1618 -> Chat: case closed
2010-12-23 16:29:31 [Message] fib_1618 -> Chat:
2010-12-23 16:29:35 [Message] thespookyone -> Chat: thx
2010-12-23 16:29:47 [Message] fib_1618 -> Chat: the reason for this is simple
2010-12-23 16:29:53 [Message] fib_1618 -> Chat: when there is a recession
2010-12-23 16:30:09 [Message] fib_1618 -> Chat: as a business owner you tend to sell off any or all inventory and buy very little
2010-12-23 16:30:20 [Message] fib_1618 -> Chat: but eventually, you will need to stock up again
2010-12-23 16:30:52 [Message] fib_1618 -> Chat: and you will be more willing to do so if things start to either firm up or you start to see better buying habits by your customers
2010-12-23 16:31:02 [Message] fib_1618 -> Chat: in the case of manufacturing
2010-12-23 16:31:07 [Message] fib_1618 -> Chat: you need metals
2010-12-23 16:31:13 [Message] fib_1618 -> Chat: you need energy
2010-12-23 16:31:24 [Message] fib_1618 -> Chat: and to a lesser degree, you need food
2010-12-23 16:31:43 [Message] fib_1618 -> Chat: the food portion has other variables to work with from consumer habits to the weather
2010-12-23 16:32:08 [Message] fib_1618 -> Chat: but like clock work
2010-12-23 16:32:33 [Message] fib_1618 -> Chat: any money leaving gold right now has been going into the commodities that drive business
2010-12-23 16:32:48 [Message] fib_1618 -> Chat: so watch the inventory numbers closely each month
2010-12-23 16:32:58 [Message] fib_1618 -> Chat: if inventories start to get too high
2010-12-23 16:33:10 [Message] fib_1618 -> Chat: then you know that money will start to move into the debt class
2010-12-23 16:33:13 [Message] fib_1618 -> Chat: reason?
2010-12-23 16:33:24 [Message] fib_1618 -> Chat: because if you're a business with too much inventory
2010-12-23 16:33:31 [Message] fib_1618 -> Chat: and your consumers are not buying
2010-12-23 16:33:37 [Message] fib_1618 -> Chat: there isn't a demand for money
2010-12-23 16:33:47 [Message] fib_1618 -> Chat: and so the cost of money declines
2010-12-23 16:33:56 [Message] fib_1618 -> Chat: which means notes and bonds rally
2010-12-23 16:34:11 [Message] fib_1618 -> Chat: once we get a better overall picture between inventories and debt
2010-12-23 16:34:26 [Message] fib_1618 -> Chat: then it moves into equities in anticipation of growth
2010-12-23 16:34:35 [Message] fib_1618 -> Chat: all things being equal..of course
2010-12-23 16:34:43 [Message] thespookyone -> Chat: great take
2010-12-23 16:35:04 [Message] fib_1618 -> Chat: and all putting aside the fact that we've taken a direct hit in the solar plexus
2010-12-23 16:35:13 [Message] fib_1618 -> Chat: it's all economics
2010-12-23 16:35:42 [Message] fib_1618 -> Chat: money moves from one area of perceived undervaluation...to that of fairly, fully, and then overvaluation
2010-12-23 16:36:02 [Message] fib_1618 -> Chat: and money is always seeking out ways to grow
2010-12-23 16:36:15 [Message] fib_1618 -> Chat: it does so if left alone
2010-12-23 16:36:23 [Message] fib_1618 -> Chat: that is capitalism
2010-12-23 16:36:43 [Message] fib_1618 -> Chat: take too much of the guidelines away...and you'll get a different result
2010-12-23 16:36:57 [Message] fib_1618 -> Chat: which is what many folks are fighting with right now
2010-12-23 16:37:12 [Message] fib_1618 -> Chat: and this is what we see with the markets
2010-12-23 16:37:19 [Message] fib_1618 -> Chat: everything is a struggle
2010-12-23 16:37:51 [Message] thespookyone -> Chat: so, should the money re hit the bonds before the equities now?
2010-12-23 16:38:34 [Message] fib_1618 -> Chat: any money coming out of commodities will be going into debt
2010-12-23 16:38:42 [Message] thespookyone -> Chat: yes
2010-12-23 16:38:48 [Message] fib_1618 -> Chat: any money coming out of debt will go into equities
2010-12-23 16:39:05 [Message] fib_1618 -> Chat: what's been going on over the last month between the TNX and stocks?
2010-12-23 16:39:29 [Message] fib_1618 -> Chat: I can bring up a chart if you wish
2010-12-23 16:39:33 [Message] thespookyone -> Chat: bonds to equities
2010-12-23 16:40:17 [Message] fib_1618 -> Chat: well..let's just say that bonds got their assets kicked and equities seemed to benefit from this asset kicking
2010-12-23 16:40:23 [Message] thespookyone -> Chat: LOL
2010-12-23 16:40:47 [Message] fib_1618 -> Chat: you're seeing how money works on a intermarket basis
2010-12-23 16:41:01 [Message] fib_1618 -> Chat: gold to commodities to debt to stocks
2010-12-23 16:41:12 [Message] thespookyone -> Chat: it's been pretty clean
2010-12-23 16:41:14 [Message] fib_1618 -> Chat: it's been doing this for as long as I've been able to look at
2010-12-23 16:41:25 [Message] fib_1618 -> Chat: and this is important information
2010-12-23 16:41:33 [Message] fib_1618 -> Chat: the key to the whole concept though
2010-12-23 16:41:43 [Message] fib_1618 -> Chat: is that gold is the hard asset in all of this
2010-12-23 16:41:52 [Message] fib_1618 -> Chat: everything else, in theory, is paper
2010-12-23 16:42:21 [Message] fib_1618 -> Chat: so the first thing to understand is that gold is the leading indicator of the direction of commodities
2010-12-23 16:42:31 [Message] fib_1618 -> Chat: to put it another way
2010-12-23 16:42:55 [Message] fib_1618 -> Chat: gold forecasts inflation...inflation does NOT move gold
2010-12-23 16:43:06 [Message] thespookyone -> Chat: to me, gold is worldwide recognized money with actual value
2010-12-23 16:43:22 [Message] fib_1618 -> Chat: yes, that's the Ivy League concept
2010-12-23 16:43:30 [Message] fib_1618 -> Chat: more importantly
2010-12-23 16:43:54 [Message] fib_1618 -> Chat: when every other asset class is deemed fairly to overvalued
2010-12-23 16:44:11 [Message] fib_1618 -> Chat: any excesses than go into the savings account to be used later on...and that's gold
2010-12-23 16:44:18 [Message] thespookyone -> Chat: nice
2010-12-23 16:44:35 [Message] fib_1618 -> Chat: it's the reserve for any over stimulation by the FED or other government bodies
2010-12-23 16:44:44 [Message] fib_1618 -> Chat: in essence then
2010-12-23 16:44:48 [Message] fib_1618 -> Chat: when the price of gold is rising
2010-12-23 16:44:57 [Message] fib_1618 -> Chat: stimulation is no longer needed
2010-12-23 16:45:05 [Message] fib_1618 -> Chat: but as we know from experience
2010-12-23 16:45:14 [Message] fib_1618 -> Chat: politicians are always slow to react
2010-12-23 16:45:27 [Message] fib_1618 -> Chat: and I put economists in the same boat
2010-12-23 16:45:33 [Message] thespookyone -> Chat: very, so true
2010-12-23 16:45:45 [Message] fib_1618 -> Chat: as they see something happen, and THEN wonder if it would work in theory
2010-12-23 16:45:54 [Message] fib_1618 -> Chat: look at Bernanke
2010-12-23 16:46:01 [Message] thespookyone -> Chat: read my mind
2010-12-23 16:46:03 [Message] fib_1618 -> Chat: isn't he doing this exact thing right now
2010-12-23 16:46:18 [Message] thespookyone -> Chat: yes, an experiment
2010-12-23 16:46:24 [Message] fib_1618 -> Chat: exactly
2010-12-23 16:46:32 [Message] fib_1618 -> Chat: based on Ivy League economics
2010-12-23 16:46:41 [Message] fib_1618 -> Chat: it will work for a while
2010-12-23 16:46:49 [Message] fib_1618 -> Chat: but like most economists
2010-12-23 16:46:56 [Message] fib_1618 -> Chat: they never know when enough is enough or when more is needed
2010-12-23 16:47:11 [Message] fib_1618 -> Chat: this is why all of us have been attracted to technical analysis
2010-12-23 16:47:37 [Message] fib_1618 -> Chat: because after you've banged your head against the wall so many times to figure this out, you have to reach out and find something that does work
2010-12-23 16:47:53 [Message] fib_1618 -> Chat: the beauty of TA is really simple
2010-12-23 16:48:05 [Message] fib_1618 -> Chat: it discounts future fundamentals
2010-12-23 16:48:20 [Message] fib_1618 -> Chat: this concept escapes many folks in this business
2010-12-23 16:48:34 [Message] fib_1618 -> Chat: and why 98% of them don't understand why TA "works"
2010-12-23 16:48:45 [Message] thespookyone -> Chat: Ben will hand the mess to the next poor soul, lol=we can't
2010-12-23 16:49:03 [Message] fib_1618 -> Chat: hasn't passing the baton been going on for decades now?
2010-12-23 16:49:12 [Message] thespookyone -> Chat: sure has
2010-12-23 16:49:31 [Message] fib_1618 -> Chat: isn't what happened in 2008 a culmination of the last 60 to 70 years of social engineering?
2010-12-23 16:49:47 [Message] fib_1618 -> Chat: and THEN
2010-12-23 16:49:49 [Message] thespookyone -> Chat: probably Johnson
2010-12-23 16:50:05 [Message] fib_1618 -> Chat: the folks who get us into this fine mess either deny the responsibility
2010-12-23 16:50:06 [Message] fib_1618 -> Chat: OR
2010-12-23 16:50:32 [Message] fib_1618 -> Chat: they pass laws that deepen the problem and let the future take its course
2010-12-23 16:50:50 [Message] fib_1618 -> Chat: social engineering doesn't work
2010-12-23 16:50:58 [Message] fib_1618 -> Chat: it's been proven over and over again
2010-12-23 16:51:04 [Message] fib_1618 -> Chat: look at Europe
2010-12-23 16:51:14 [Message] thespookyone -> Chat: you mean like Japan? LOL
2010-12-23 16:51:21 [Message] fib_1618 -> Chat: nuff said....yes, and Japan
2010-12-23 16:52:03 [Message] fib_1618 -> Chat: the real war here is between capitalism and Marxism
2010-12-23 16:52:15 [Message] fib_1618 -> Chat: simple as that
2010-12-23 16:52:18 [Message] fib_1618 -> Chat: and why
2010-12-23 16:52:24 [Message] fib_1618 -> Chat: up until the 1990's
2010-12-23 16:52:38 [Message] fib_1618 -> Chat: the US has been the world's economic engine
2010-12-23 16:53:01 [Message] fib_1618 -> Chat: and this is the "CHANGE" we've been working with over the last 2 years
2010-12-23 16:53:17 [Message] fib_1618 -> Chat: anyway
2010-12-23 16:53:39 [Message] fib_1618 -> Chat: did my explanation answer your concerns Lew?
2010-12-23 16:53:46 [Message] thespookyone -> Chat: thanks for the thoughts, yes
2010-12-23 16:53:56 [Message] fib_1618 -> Chat: we all see the same thing here
2010-12-23 16:54:02 [Message] thespookyone -> Chat: my concern was only VST
2010-12-23 16:54:07 [Message] fib_1618 -> Chat: it's a matter of probability to outcome
2010-12-23 16:54:11 [Message] fib_1618 -> Chat: I understand
2010-12-23 16:54:30 [Message] thespookyone -> Chat: past that, we read the same book, I'm sure
2010-12-23 16:54:54 [Message] fib_1618 -> Chat: and remember, some of the indicators yesterday told us that a quick, sharp pullback might be in the cards for the VST
2010-12-23 16:55:03 [Message] thespookyone -> Chat: yes
2010-12-23 16:55:05 [Message] fib_1618 -> Chat: but until we get a trigger
2010-12-23 16:55:15 [Message] fib_1618 -> Chat: we have to go with the highest probability
2010-12-23 16:55:26 [Message] fib_1618 -> Chat: right now...the bulls have control
2010-12-23 16:55:41 [Message] fib_1618 -> Chat: and the bears have very little to work with
2010-12-23 16:55:44 [Message] thespookyone -> Chat: you know, I was calling for a massive run North quite a while back-when I'm bearish, it's only a quick moment
2010-12-23 16:55:56 [Message] fib_1618 -> Chat: yes...and remember
2010-12-23 16:56:10 [Message] fib_1618 -> Chat: we're still working with a Primary 3rd wave up idea here
2010-12-23 16:56:22 [Message] thespookyone -> Chat: absolutely!
2010-12-23 16:56:27 [Message] fib_1618 -> Chat: the breadth is there
2010-12-23 16:56:37 [Message] fib_1618 -> Chat: all we really need is for volume to really expand here
2010-12-23 16:56:41 [Message] fib_1618 -> Chat: or at least
2010-12-23 16:56:48 [Message] fib_1618 -> Chat: move to above the April highs
2010-12-23 16:56:50 [Message] fib_1618 -> Chat: if we get that
2010-12-23 16:56:58 [Message] fib_1618 -> Chat: blah, blah, blah
2010-12-23 16:57:04 [Message] thespookyone -> Chat: it reads right all around for me-the ingredients are all there-politically, as well
2010-12-23 16:57:22 [Message] fib_1618 -> Chat: and more importantly...emotionally
2010-12-23 16:57:37 [Message] fib_1618 -> Chat: I asked the question yesterday
2010-12-23 16:58:06 [Message] fib_1618 -> Chat: how many newsletter, media personalities, and traders are looking for a continued move higher here?
2010-12-23 16:58:14 [Message] fib_1618 -> Chat: very few
2010-12-23 16:58:16 [Message] thespookyone -> Chat: nada
2010-12-23 16:58:23 [Message] fib_1618 -> Chat: so sentiment wise
2010-12-23 16:58:40 [Message] fib_1618 -> Chat: what would be the likely outcome to screw with the majority?
2010-12-23 16:58:52 [Message] thespookyone -> Chat: Elliott third
2010-12-23 16:59:01 [Message] fib_1618 -> Chat: I went to TT before I came here tonight
2010-12-23 16:59:16 [Message] fib_1618 -> Chat: and there was a post by Swiss Trader (I think)
2010-12-23 16:59:24 [Message] fib_1618 -> Chat: about the 25 things why we can't go higher here
2010-12-23 16:59:28 [Message] fib_1618 -> Chat: or something like that
2010-12-23 16:59:30 [Message] fib_1618 -> Chat: let me look
2010-12-23 16:59:50 [Message] thespookyone -> Chat: I've got a super list to buy, I'm begging a small correction here
2010-12-23 17:00:01 [Message] fib_1618 -> Chat: "25 Signs That The Coming Financial Collapse Is Now Closer Than Ever"
2010-12-23 17:00:09 [Message] thespookyone -> Chat: wow
2010-12-23 17:00:15 [Message] fib_1618 -> Chat: how about THAT for a wall of worry?
2010-12-23 17:00:20 [Message] fib_1618 -> Chat: you have 25 reasons there
2010-12-23 17:00:35 [Message] fib_1618 -> Chat: now...
2010-12-23 17:00:48 [Message] fib_1618 -> Chat: if anyone has been doing this kind of thing for any length of time
2010-12-23 17:01:11 [Message] fib_1618 -> Chat: we are aware of the fact that when we're near a top then good news is all over the place
2010-12-23 17:01:35 [Message] fib_1618 -> Chat: and if we're near a bottom...we tend to see "collapse" and "crash" a lot
2010-12-23 17:01:51 [Message] thespookyone -> Chat: very true, folks don't understand-the market tops on GOOD news
2010-12-23 17:02:04 [Message] fib_1618 -> Chat: so here we are...the Dow is up 10% this year...and we're closer than ever to collapse?
2010-12-23 17:02:25 [Message] fib_1618 -> Chat: this is raw fuel
2010-12-23 17:02:37 [Message] fib_1618 -> Chat: forgetting the money factor in all of this
2010-12-23 17:02:49 [Message] fib_1618 -> Chat: this kind of fuel is that of herd mentality
2010-12-23 17:03:11 [Message] fib_1618 -> Chat: folks who make the big bucks in the markets tend to do opposite of what the majority are doing
2010-12-23 17:03:24 [Message] fib_1618 -> Chat: the reason being
2010-12-23 17:03:41 [Message] fib_1618 -> Chat: if everyone is on one side of the see saw, who's left to buy or sell??
2010-12-23 17:03:55 [Message] fib_1618 -> Chat: meanwhile
2010-12-23 17:03:58 [Message] fib_1618 -> Chat: internally
2010-12-23 17:04:44 [Message] fib_1618 -> Chat: any money that's moving, is moving into equities on the back of ideas like the post I just showed
2010-12-23 17:04:56 [Message] fib_1618 -> Chat: this is the smart money folks
2010-12-23 17:05:03 [Message] fib_1618 -> Chat: there may not be a lot of them
2010-12-23 17:05:10 [Message] sp 112358 -> Chat: What do you think of the 79% AAII bullish (RD at TT and also at DP's Chart spotlight yesterday - 63% bullish to 16% bears ) ?
2010-12-23 17:05:26 [Message] fib_1618 -> Chat: but like the tax base in the US, the super rich pay 80% of the total tax load
2010-12-23 17:05:40 [Message] fib_1618 -> Chat: I'm not a big fan of AAII
2010-12-23 17:05:48 [Message] fib_1618 -> Chat: more to the point
2010-12-23 17:05:55 [Message] fib_1618 -> Chat: I'm not a big fan of polls
2010-12-23 17:06:15 [Message] fib_1618 -> Chat: my experience is that people will tend to say what the pollster wants to hear
2010-12-23 17:06:28 [Message] fib_1618 -> Chat: or they will answer a question the way they would IF they could
2010-12-23 17:06:43 [Message] fib_1618 -> Chat: the best sentiment poll to me is the direction of the A/D line
2010-12-23 17:06:56 [Message] fib_1618 -> Chat: as this line only moves if MONEY is actually being played
2010-12-23 17:07:04 [Message] fib_1618 -> Chat: THAT is the ultimate poll
2010-12-23 17:07:19 [Message] sp 112358 -> Chat: Good point
2010-12-23 17:07:20 [Message] fib_1618 -> Chat: should one be cautious with numbers like that?
2010-12-23 17:07:22 [Message] fib_1618 -> Chat: sure
2010-12-23 17:07:23 [Message] fib_1618 -> Chat: why not?
2010-12-23 17:07:42 [Message] fib_1618 -> Chat: but if we're doing something crazy like a gigantic move up
2010-12-23 17:08:03 [Message] fib_1618 -> Chat: sometimes sentiment polls are just a reflection of people have no choice but to do
2010-12-23 17:08:05 [Message] fib_1618 -> Chat: again
2010-12-23 17:08:14 [Message] fib_1618 -> Chat: T-Bills are at .25%
2010-12-23 17:08:24 [Message] fib_1618 -> Chat: 10 year notes are at 3.25%
2010-12-23 17:08:37 [Message] fib_1618 -> Chat: and stocks have moved up close to 20% in 3 months
2010-12-23 17:08:59 [Message] fib_1618 -> Chat: which area of classes would you put your money...and if you did...you saw your money increase...????
2010-12-23 17:09:06 [Message] fib_1618 -> Chat: how would YOU "feel"?
2010-12-23 17:09:27 [Message] fib_1618 -> Chat: so we have to take information like this in proper context
2010-12-23 17:10:06 [Message] fib_1618 -> Chat: trying to be kind here
2010-12-23 17:10:32 [Message] fib_1618 -> Chat: but you're likely to see posts like this from those who have been burned during a trend
2010-12-23 17:10:53 [Message] fib_1618 -> Chat: these tend to be "re-enforcement" posts for trades gone wrong
2010-12-23 17:11:07 [Message] fib_1618 -> Chat: we see this all the time...both bull and bear
2010-12-23 17:11:21 [Message] fib_1618 -> Chat: it's like fundamentals
2010-12-23 17:11:31 [Message] fib_1618 -> Chat: the market doesn't care about current fundamentals
2010-12-23 17:11:41 [Message] fib_1618 -> Chat: it only cares about FUTURE fundamentals
2010-12-23 17:12:29 [Message] fib_1618 -> Chat: so when see "I told you so" posts based on economic numbers...well...I guess everyone has to find out what works and what doesn't
2010-12-23 17:12:45 [Message] fib_1618 -> Chat: we've all been down that road once or twice in our trading
2010-12-23 17:13:00 [Message] fib_1618 -> Chat: anyway
2010-12-23 17:13:12 [Message] fib_1618 -> Chat: the key point here is simple
2010-12-23 17:13:31 [Message] fib_1618 -> Chat: we should absorb everything provided to us for consumption
2010-12-23 17:14:15 [Message] fib_1618 -> Chat: but until the flow of money moves in a direction where we can take advantage of such information, it's probably better to put it on the back burner and monitor it
2010-12-23 17:14:26 [Message] fib_1618 -> Chat: example
2010-12-23 17:14:32 [Message] fib_1618 -> Chat: if the flow of money is moving north
2010-12-23 17:14:49 [Message] fib_1618 -> Chat: and you get bearish divergences on your momentum oscillators
2010-12-23 17:14:56 [Message] fib_1618 -> Chat: it really means nothing
2010-12-23 17:15:07 [Message] fib_1618 -> Chat: it's like going into the ocean
2010-12-23 17:15:19 [Message] fib_1618 -> Chat: and fighting your way in a rip tide
2010-12-23 17:15:48 [Message] fib_1618 -> Chat: if the tide is against you, you can show a lot of effort in trying to move against it, but eventually, the prevailing tide will win
2010-12-23 17:16:05 [Message] fib_1618 -> Chat: but if the flow of money is moving south
2010-12-23 17:16:16 [Message] fib_1618 -> Chat: and you get these same bearish divergences
2010-12-23 17:16:37 [Message] fib_1618 -> Chat: it's a whole lot easier to "surf"...
2010-12-23 17:17:09 [Message] fib_1618 -> Chat: this is why I decided to try the ETS idea
2010-12-23 17:17:28 [Message] fib_1618 -> Chat: remember...that we're dealing with information that is slow to turn
2010-12-23 17:17:58 [Message] fib_1618 -> Chat: so there's no real rush to buy or sell in a general way when working with this kind of information
2010-12-23 17:18:12 [Message] fib_1618 -> Chat: like everything else "technical"
2010-12-23 17:18:24 [Message] fib_1618 -> Chat: there must be specific set-ups before something can happen
2010-12-23 17:18:51 [Message] fib_1618 -> Chat: so while our earlier discussion on the NDX volume data is important
2010-12-23 17:19:20 [Message] fib_1618 -> Chat: in the bigger scheme of things it's not something, as yet, that needs our immediate attention when it comes to a change in trend
2010-12-23 17:19:31 [Message] fib_1618 -> Chat: context is important
2010-12-23 17:19:49 [Message] fib_1618 -> Chat: taking a deep breath and being disciplined is important
2010-12-23 17:20:00 [Message] thespookyone -> Chat: sure, I view it a a VST problem-for me, anyway
2010-12-23 17:20:06 [Message] fib_1618 -> Chat: understood
2010-12-23 17:20:17 [Message] fib_1618 -> Chat: it's important for your trading
2010-12-23 17:20:24 [Message] thespookyone -> Chat: yep
2010-12-23 17:20:26 [Message] fib_1618 -> Chat: as you deal with every little wiggle
2010-12-23 17:20:41 [Message] fib_1618 -> Chat: but if we look beyond the pier....things look fine
2010-12-23 17:20:57 [Message] thespookyone -> Chat: I want to buy this wiggle a bit harder if I get it, though
2010-12-23 17:21:01 [Message] fib_1618 -> Chat: and, of course, you're only looking at a small part of the pier when looking at something like the NDX
2010-12-23 17:21:11 [Message] fib_1618 -> Chat: here's the thing
2010-12-23 17:21:20 [Message] fib_1618 -> Chat: during the recent correctional process
2010-12-23 17:21:42 [Message] fib_1618 -> Chat: what made "hit and run" successful was that there wasn't any indication that a bearish trend was developing
2010-12-23 17:22:14 [Message] fib_1618 -> Chat: now that we are starting to show more and more resistance to this same bearish trend development
2010-12-23 17:22:40 [Message] fib_1618 -> Chat: it's important that we put more emphasis into our bullish intraday positions as opposed to those of being short
2010-12-23 17:22:43 [Message] fib_1618 -> Chat: look at today
2010-12-23 17:23:15 [Message] fib_1618 -> Chat: the bears tried all so very hard to sell off in the afternoon after it was seen that the bulls had no follow through
2010-12-23 17:23:36 [Message] fib_1618 -> Chat: but with so much liquidity out there to gobble up these sell orders
2010-12-23 17:23:50 [Message] fib_1618 -> Chat: the bears lost their grip again and we moved higher in the late afternoon
2010-12-23 17:24:02 [Message] fib_1618 -> Chat: it's a sneaking up process
2010-12-23 17:24:07 [Message] thespookyone -> Chat: corrections are a great time to watch how issues behave-to pick your next pony's-you get to see which ones are "prettiest"
2010-12-23 17:24:24 [Message] fib_1618 -> Chat: absolutely
2010-12-23 17:24:26 [Message] fib_1618 -> Chat: for me
2010-12-23 17:24:28 [Message] fib_1618 -> Chat: right now
2010-12-23 17:24:36 [Message] fib_1618 -> Chat: I have absolutely no interest in shorting
2010-12-23 17:24:57 [Message] fib_1618 -> Chat: the probability of it being a successful trade are so low that it's really a waste of time
2010-12-23 17:25:05 [Message] fib_1618 -> Chat: and if I don't get a good set up long...I'm perfectly happy to just to stand aside as well
2010-12-23 17:25:24 [Message] fib_1618 -> Chat: but I'm looking long
2010-12-23 17:25:31 [Message] fib_1618 -> Chat: that's my focus
2010-12-23 17:25:36 [Message] fib_1618 -> Chat: until things change
2010-12-23 17:25:54 [Message] thespookyone -> Chat: shorting is confined to individual issues for me in this situation
2010-12-23 17:26:03 [Message] fib_1618 -> Chat: even then
2010-12-23 17:26:08 [Message] fib_1618 -> Chat: it's a struggle
2010-12-23 17:26:48 [Message] thespookyone -> Chat: yes, whacked a couple golds at yesterdays close-out of them at today's close-but worked well. mostly MSB
2010-12-23 17:26:52 [Message] fib_1618 -> Chat: now...one of the big advantages today is that you have a computer who can scan the markets for ideas
2010-12-23 17:27:36 [Message] fib_1618 -> Chat: but still when we have the MCSUM's as high as they are, this tells us that great majority of issues would rather move higher than lower
2010-12-23 17:28:04 [Message] fib_1618 -> Chat: my negative opinions on the economy and such have no place here
2010-12-23 17:28:21 [Message] fib_1618 -> Chat: you hold your nose...or you blow (it)
2010-12-23 17:28:23 [Message] thespookyone -> Chat: nor Ben's shenanigans, LOL
2010-12-23 17:28:33 [Message] fib_1618 -> Chat: but that's a problem there
2010-12-23 17:28:36 [Message] fib_1618 -> Chat: because whatever Ben does now
2010-12-23 17:28:53 [Message] fib_1618 -> Chat: isn't felt by stocks until 12-18 months from now
2010-12-23 17:29:02 [Message] fib_1618 -> Chat: so why worry what's he's doing today?
2010-12-23 17:29:16 [Message] thespookyone -> Chat: oh, later, it's a huge problem! But, I'm a day trader, eh?
2010-12-23 17:29:23 [Message] fib_1618 -> Chat: what you should be doing is looking to see what he was doing a year ago
2010-12-23 17:29:38 [Message] fib_1618 -> Chat: even if you're a day trader...it doesn't matter
2010-12-23 17:29:49 [Message] fib_1618 -> Chat: the FED is your fuel
2010-12-23 17:30:02 [Message] fib_1618 -> Chat: if they put more in the tank...you trade long
2010-12-23 17:30:03 [Message] thespookyone -> Chat: I meant it especially doesn't matter
2010-12-23 17:30:11 [Message] fib_1618 -> Chat: if they take away that fuel..you trade short
2010-12-23 17:30:14 [Message] fib_1618 -> Chat: well...
2010-12-23 17:30:16 [Message] thespookyone -> Chat: yep
2010-12-23 17:30:20 [Message] fib_1618 -> Chat: I understand what you're saying
2010-12-23 17:30:51 [Message] fib_1618 -> Chat: but I don't believe you fully appreciate the FED's offset between current monetary policy and its influence on stocks
2010-12-23 17:30:59 [Message] fib_1618 -> Chat: think of it this way
2010-12-23 17:31:16 [Message] fib_1618 -> Chat: we had a conversation earlier about gold and commodities
2010-12-23 17:31:50 [Message] fib_1618 -> Chat: we can use the direction of gold as a proxy on what we should see happen in commodities sometime down the line
2010-12-23 17:31:54 [Message] fib_1618 -> Chat: for example
2010-12-23 17:32:10 [Message] fib_1618 -> Chat: gold leads the direction in the price of crude from anywhere from 4-6 months
2010-12-23 17:32:18 [Message] fib_1618 -> Chat: it used to be 9 months, but with all of the liquidity out there, this has shorten the time it takes for money to flow from one asset class to the other
2010-12-23 17:32:50 [Message] fib_1618 -> Chat: using this concept here
2010-12-23 17:33:22 [Message] fib_1618 -> Chat: what the FED does now instructs us what direction the stock market will take once it finally reaches this destination
2010-12-23 17:33:39 [Message] fib_1618 -> Chat: so what is the stock market is working off of now?
2010-12-23 17:33:52 [Message] fib_1618 -> Chat: let's figure this out
2010-12-23 17:33:59 [Message] fib_1618 -> Chat: today is December 2010
2010-12-23 17:34:08 [Message] fib_1618 -> Chat: if we take 18 months from that
2010-12-23 17:34:17 [Message] fib_1618 -> Chat: that puts us in June of 2009
2010-12-23 17:34:30 [Message] fib_1618 -> Chat: what was happening stimulus wise back then?
2010-12-23 17:35:02 [Message] thespookyone -> Chat: rate cuts
2010-12-23 17:35:07 [Message] fib_1618 -> Chat: didn't Congress pass a record stimulus bill?
2010-12-23 17:35:13 [Message] thespookyone -> Chat: yes
2010-12-23 17:35:29 [Message] fib_1618 -> Chat: didn't we have the FED coming up with pre POMO methodologies?
2010-12-23 17:35:43 [Message] fib_1618 -> Chat: I can't even remember what they were called now
2010-12-23 17:35:45 [Message] fib_1618 -> Chat: ummmm....
2010-12-23 17:35:57 [Message] fib_1618 -> Chat: whatever
2010-12-23 17:36:07 [Message] fib_1618 -> Chat: this stimulus is what you're seeing now
2010-12-23 17:36:19 [Message] fib_1618 -> Chat: it takes that long to catch on
2010-12-23 17:36:55 [Message] fib_1618 -> Chat: it MUST move from more sensitive areas of impending economic activity first before stocks issues reflect true earnings
2010-12-23 17:37:05 [Message] fib_1618 -> Chat: and earnings is what drives the direction of price
2010-12-23 17:37:14 [Message] fib_1618 -> Chat: it's not that hard folks
2010-12-23 17:37:36 [Message] fib_1618 -> Chat: all of this "what's Ben is doing today?" garbage is just that...garbage
2010-12-23 17:37:52 [Message] fib_1618 -> Chat: think of it another way
2010-12-23 17:38:06 [Message] fib_1618 -> Chat: with all the stimulus that came when the collapse happened
2010-12-23 17:38:20 [Message] fib_1618 -> Chat: why was it that it took another 6 months before the market bottomed?
2010-12-23 17:38:31 [Message] fib_1618 -> Chat: hmmmm....?
2010-12-23 17:38:56 [Message] fib_1618 -> Chat: because it takes time for monetary policy to be felt by each asset class
2010-12-23 17:39:09 [Message] thespookyone -> Chat: why did the NDX bottom first?-earnings?
2010-12-23 17:39:42 [Message] fib_1618 -> Chat: because it included some large cap stocks that were the driving force
2010-12-23 17:39:56 [Message] fib_1618 -> Chat: how about this
2010-12-23 17:40:14 [Message] fib_1618 -> Chat: what do you think is human nature when we have recessions?
2010-12-23 17:40:34 [Message] fib_1618 -> Chat: do we go out and spend more frivolously?
2010-12-23 17:40:49 [Message] fib_1618 -> Chat: do we go away on big vacations?
2010-12-23 17:40:55 [Message] fib_1618 -> Chat: go out to dinner every night?
2010-12-23 17:41:10 [Message] fib_1618 -> Chat: or
2010-12-23 17:41:13 [Message] fib_1618 -> Chat: do we nest?
2010-12-23 17:41:22 [Message] fib_1618 -> Chat: do we consolidate?
2010-12-23 17:41:53 [Message] fib_1618 -> Chat: nesting would mean finding ways to do the same thing you did before but cheaper
2010-12-23 17:42:01 [Message] fib_1618 -> Chat: the airlines...got clobbered
2010-12-23 17:42:29 [Message] fib_1618 -> Chat: but business went on with computers and software programs like "go to meeting"
2010-12-23 17:42:48 [Message] thespookyone -> Chat: seems like we buy electronics first-on the bounce back up
2010-12-23 17:43:00 [Message] fib_1618 -> Chat: buying a Ipod or Iphone made things cheaper because you didn't have to buy a laptop
2010-12-23 17:43:21 [Message] fib_1618 -> Chat: and you were able to get all the information you wanted BEFORE you went out
2010-12-23 17:43:27 [Message] fib_1618 -> Chat: so you could plan...consolidate
2010-12-23 17:43:41 [Message] fib_1618 -> Chat: and they were convenient
2010-12-23 17:43:44 [Message] thespookyone -> Chat: net-books, ipads, hmmm
2010-12-23 17:43:48 [Message] fib_1618 -> Chat: there you go
2010-12-23 17:44:20 [Message] fib_1618 -> Chat: knowing how we respond as animals has a lot to do with being successful in the markets
2010-12-23 17:44:36 [Message] thespookyone -> Chat: AAPL sold them, NDX took off first
2010-12-23 17:44:47 [Message] fib_1618 -> Chat: since the market thinks 4-6 months in advance, as traders, we have to do the same thing
2010-12-23 17:44:52 [Message] fib_1618 -> Chat:
2010-12-23 17:45:06 [Message] fib_1618 -> Chat: so did anything to do with the internet
2010-12-23 17:45:08 [Message] fib_1618 -> Chat: AMZN - shopping made easy and free freight to boot
2010-12-23 17:45:36 [Message] thespookyone -> Chat: so, my friend, what is logically next?
2010-12-23 17:46:01 [Message] fib_1618 -> Chat: if money is moving out of debt and into equities, we should see an economic expansion
2010-12-23 17:46:24 [Message] fib_1618 -> Chat: if I had to make an educated guess on what areas should benefit beside the financials
2010-12-23 17:46:32 [Message] fib_1618 -> Chat: I would pick housing
2010-12-23 17:47:14 [Message] thespookyone -> Chat: I was thinking-larger ticket items. yes
2010-12-23 17:47:15 [Message] fib_1618 -> Chat: back to the NDX
2010-12-23 17:47:25 [Message] fib_1618 -> Chat: it's the growth sector
2010-12-23 17:47:31 [Message] fib_1618 -> Chat: so is the SML
2010-12-23 17:47:44 [Message] fib_1618 -> Chat: so if money is moving into these areas of investment
2010-12-23 17:47:58 [Message] fib_1618 -> Chat: why would they do so if this same money believed there would be no growth?
2010-12-23 17:48:15 [Message] thespookyone -> Chat: the re-shuffle on the NDX recently looks pretty sweet
2010-12-23 17:48:22 [Message] fib_1618 -> Chat: of course, one can argue how much growth
2010-12-23 17:48:52 [Message] fib_1618 -> Chat: but money has many other areas it can move into
2010-12-23 17:49:04 [Message] fib_1618 -> Chat: I haven't seen it...did they do it last week?
2010-12-23 17:49:12 [Message] thespookyone -> Chat: yes
2010-12-23 17:49:19 [Message] fib_1618 -> Chat: usually do in December
2010-12-23 17:49:31 [Message] fib_1618 -> Chat: I'll have to make some time to take a look at it
2010-12-23 17:49:38 [Message] fib_1618 -> Chat: OK...anything else?
2010-12-23 17:49:44 [Message] sp 112358 -> Chat: Did you have a chance to look for that TICK presentation for EWI that you mentioned before your holiday?
2010-12-23 17:50:01 [Message] fib_1618 -> Chat: oh...
2010-12-23 17:50:03 [Message] fib_1618 -> Chat: um
2010-12-23 17:50:09 [Message] fib_1618 -> Chat: I have the charts on my computer
2010-12-23 17:50:12 [Message] fib_1618 -> Chat: ummm....
2010-12-23 17:50:25 [Message] fib_1618 -> Chat: I haven't looked to see if its still up or not
2010-12-23 17:50:31 [Message] fib_1618 -> Chat: but I'm making a note of it now.
2010-12-23 17:50:37 [Message] fib_1618 -> Chat: thanks for the reminder
2010-12-23 17:50:54 [Message] sp 112358 -> Chat: Thanks in advance
2010-12-23 17:51:19 [Message] fib_1618 -> Chat: there's also a McClellan post I made back in 2003 for IYB that I want to get up as well
2010-12-23 17:51:27 [Message] fib_1618 -> Chat: sigh
2010-12-23 17:51:32 [Message] fib_1618 -> Chat: so many things...so little time
2010-12-23 17:54:23 [Message] fib_1618 -> Chat: OK everyone please have a great and safe holiday
2010-12-23 17:54:35 [Message] thespookyone -> Chat: thanks! You too
2010-12-23 17:54:42 [Message] fib_1618 -> Chat: we will be back to Tuesday/Thursday next week
2010-12-23 17:54:52 [Message] fib_1618 -> Chat: unless you think Tuesday/Wednesday would be better
2010-12-23 17:55:17 [Message] fib_1618 -> Chat: think about it and we can vote on it on Tuesday
2010-12-23 17:55:33 [Message] thespookyone -> Chat: well, Fridays do seem untradeable-it's a thought
2010-12-23 17:55:52 [Message] fib_1618 -> Chat: well...if we're closed tomorrow...we'll be closed on the 31st
2010-12-23 17:56:03 [Message] fib_1618 -> Chat: which means Thursday will be pretty much like today
2010-12-23 17:56:16 [Message] fib_1618 -> Chat: whatever you guys want
2010-12-23 17:56:25 [Message] fib_1618 -> Chat: just let me know
2010-12-23 17:56:29 [Message] fib_1618 -> Chat: I'm flexible
2010-12-23 17:56:35 [Message] fib_1618 -> Chat: OK...I'm getting out of here
2010-12-23 17:56:40 [Message] fib_1618 -> Chat: everyone have a great weekend
2010-12-23 17:56:47 [Message] fib_1618 -> Chat: and we'll chat again on Tuesday
2010-12-23 17:56:49 [Message] fib_1618 -> Chat: good night

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"As for it being different this time, it is different every time. The question is in what way, and to what extent" - Tom McClellan

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"The eye sees only what the mind is ready to comprehend" - Henri Bergson

“Answers are easy; it’s asking the right questions which is hard” - Dr. Who - 1977

"You know the very powerful and the very stupid have one thing in common - they don't alter their views to fit the facts, they alter the facts to fit their views (which can be uncomfortable if you happen to be one of the facts that needs altering)" - Dr. Who - 1977

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