Balanced
View: Intelligent Discussion of Market Trends (VIEW) ...related.......
Indices & Thread Links: UKX,
Dax,
Jap,
Opt,
QQQ,
SPX,
Trin,
View
*stGlds, Dow6
Let's
keep Abuse Out, Discussion in.
(Dow6
Q's
TIP
#1
XBP
) VIEW's: 2004
: TRAD
: OilUK
: FTSE
INDU Weekly from Chart : Daily TRIN
610d.MA =----- : 60 Min.INDU
:SPX-10d/15min
: BKX:SMH:Q-2d
   
 
= = = = = =
++ BULLish Points (Note: points labelled
"no" have changed)
NO Interest rates are near all time lows, and look set
to stay low
.. The US economy is growing fast, and job creation is
bouncing back
.. Four year cycle bottomed in Oct.2002, a 2 years+ up
is normal
.. A US election will happen in 2004, and election years
are often up
.. Investor confidence has been restored, money is pouring
in
.. Momentum has slowed, but remains positive. MT indicators
are still up
.. spx commercial
hedgers are not (yet) heavily short, they matter.
(mab)
-- BEARish points
.. Debt is at unprecedented levels, worse even than 1929,
as a % GNP
.. US (& global) money supply has been growing at an unsustainable
rate
.. Bond prices are falling, and short term rates have
turned higher
.. Inflation looks set to pick up, led by metal and food
prices : oil
.. Western world is vulnerable to Terrorist attacks
.. The Peace in Iraq is not going well
.. PE ratios are at high levels, some higher than early
2000
.. Insiders are selling at a rapid pace
.. There has been a sharp increase in Margin debt, now
at a record
.. Momentum is waning. Sell/downtick volume is rising
in recent days
.. bull/bear sentiment is extremely bullish (mab) : Pct.Advisors
Bullish
.. Largest MktCap stocks in Dow are Underperforming the
Average
.. Put/call Ratio is at an EXTREME
= Bearish
FEATURED CHARTS: DowJIA (INDU) versus Largest MktCap components...
.Manip#1 CAT-$29Bn. Manip#2 UTX-$44Bn. ...Other: MMM-$65Bn
/ --INDU--$3Tr.?.
  
D6:    
M2+ 
Versus: Dow6, the Largest MktCap stocks in the Dow Index
.d#1--GE--$309Bn.. .d#2-MSFT-$295Bn.. .d#3--WMT--$231Bn..
// VIX volatility .. 10yr(TNX)
   
.d#4---C--$246Bn.. .d#5-XOM--$259Bn.. .d#6-INTC--$200Bn..
..d#7 -IBM-$160Bn
  
When the two Manipulatees ("Manips") are up more than
the Dow6, it means that the smaller and easier-to-manipulate
stocks are driving the Dow, not the Big caps
FEATURING... Per your Requests???
.d#?-CTX--Builder.. .TNX--10Yr.Yields. : TRIN
: Peaks over 1.50-2.00 can mark Lows
 
= = = = = WATCH VOLUME, here on the Dow.Jones IndAve..........
: Semi's (SMH) for Early Warnings 
LINKS: Go to: Post.#6748
: DJTA
: SMH
|
Major Indices
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for Stockhouse Bullboard. |
..SPX: 5 d., 30min.
89 MA . : 2 day, 5minute 200 MA . : 1 day, 2minute 300
MA ...
. . 
S&P 500 Index (SPX): 10 day, One Hour

SPX Daily: Six Months

SPX Weekly: Three Years

SPX Weekly: Ten Years
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