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mtrace - Mon, 27 Dec 04 :

not an easy time to tell at least for me.. dollar weakness, oil slam, typical CBS and Bloomberg hype.. yet indices weak, but sure volume low.. However, on media coverage all is smashing, buy Apple, everything looking overextended or close to new high, it's Xmas, don't miss out on expensive prices, market only moves one way ;-) Don't know, but what is striking is there is no mention of syndicates in the market and they sure will do everything to hide their intentions hardly go on TV shows for 200-5 outlook and revealing their plan ('how to lose money by making public what you want to own' strategy).. hey its number 5 so it is statistically a good one.. LOL.

Still wondering what percentage of what is made public as a pick is an outright mug-ma indicator.. hence some ideas, looking around for data sources, books, simple concepts and picking bits and pieces to focus on.. Yeah, I'm afraid your least favourite topic ace, VIXs, VXNs, TRINs, breadth indicators, might be quite active soon ;-) I never paid much attention to them but why ignore them and not learn or perhaps incorporate them in something..

Might be quite an off topic board on the market preparing for new year, need to talk to ts about this (just striked me seing that eSignal and quite a few other data and software providers are simply going nuts on their fees) and see how we can make it sort of uniform and available for browsing/exchange etc ideally it's pulled from free info (stays free) and useful..


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