Comments on: Tech Talk for Wednesday April 22nd 2009 http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/ Completely free seasonality, fundamental and technical analysis of the stock markets from a certified market leader. Fri, 12 Mar 2010 02:33:18 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: chris http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/comment-page-1/#comment-6371 chris Thu, 23 Apr 2009 05:35:19 +0000 http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/#comment-6371 Hi Don, Could you recommend some websites that can check the stock chart of Hang Seng Index with all kinds of technical indicateors. Thank you. Hi Don,
Could you recommend some websites that can check the stock chart of Hang Seng Index with
all kinds of technical indicateors.
Thank you.

]]> By: Don Vialoux http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/comment-page-1/#comment-6366 Don Vialoux Thu, 23 Apr 2009 02:56:12 +0000 http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/#comment-6366 Hi Mikey. The financial services sector on both sides of the border has a period of seasonal strength ending in May. Hi Mikey. The financial services sector on both sides of the border has a period of seasonal strength ending in May.

]]> By: Ken A http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/comment-page-1/#comment-6355 Ken A Wed, 22 Apr 2009 19:54:48 +0000 http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/#comment-6355 Nick: Well it's only one of many sentiment indicators. Note that it was quite accurate during many of the peaks on the way down - eg. Feb 9, Feb 24. Of course, it will also show this behaviour when the market rushes up like it did for most of March. Nick: Well it’s only one of many sentiment indicators. Note that it was quite accurate during many of the peaks on the way down – eg. Feb 9, Feb 24. Of course, it will also show this behaviour when the market rushes up like it did for most of March.

]]> By: Dave http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/comment-page-1/#comment-6352 Dave Wed, 22 Apr 2009 19:39:24 +0000 http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/#comment-6352 Hi Ken A, The highest six volume option contracts today, according to Yahoo finance, are puts. Specifically, SPY May 85 puts trading volume over 60,000 contracts! The highest open interest for SPY are May 78's. Not sure why that would be. This says to me, short term traders are betting on down. IMHO I find my golden retriever to be reliable! If he barks once to go for a walk, it’s a bullish day! He is accurate 8 times out of ten, through the months of May to September! :-) I have a question about Elliot Wave Theory? You appear to follow it. This link gives an example of what the software does, that Don V. referenced yesterday. (3 minute tick since the drop since Monday) http://tradesystemguru.com/content/blogcategory/39/73/ You can see, at least it appears to be right as of this time. I'm very skeptical of these things, but do you have, (or anyone else) have an opinion on this software. Do you know anyone that uses it? You can go to http://www.elliottician.com/RETCLifestyleVideos.aspx and click on the short video called "understanding the patterns" that is somewhat interesting. They basically trade zig zags with this system. 5 zigs followed by 3 zags are their entry points and the software filters through markets to find these patterns. Thanks in advance, Dave Hi Ken A,

The highest six volume option contracts today, according to Yahoo finance, are puts. Specifically, SPY May 85 puts trading volume over 60,000 contracts! The highest open interest for SPY are May 78’s. Not sure why that would be. This says to me, short term traders are betting on down. IMHO I find my golden retriever to be reliable! If he barks once to go for a walk, it’s a bullish day! He is accurate 8 times out of ten, through the months of May to September! :-)

I have a question about Elliot Wave Theory? You appear to follow it. This link gives an example of what the software does, that Don V. referenced yesterday. (3 minute tick since the drop since Monday) http://tradesystemguru.com/content/blogcategory/39/73/

You can see, at least it appears to be right as of this time. I’m very skeptical of these things, but do you have, (or anyone else) have an opinion on this software. Do you know anyone that uses it?

You can go to http://www.elliottician.com/RETCLifestyleVideos.aspx and click on the short video called “understanding the patterns” that is somewhat interesting. They basically trade zig zags with this system. 5 zigs followed by 3 zags are their entry points and the software filters through markets to find these patterns.

Thanks in advance,
Dave

]]> By: Nick http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/comment-page-1/#comment-6351 Nick Wed, 22 Apr 2009 19:34:09 +0000 http://www.timingthemarket.ca/techtalk/2009/04/22/tech-talk-for-wednesday-april-22nd-2009/#comment-6351 Thank you Ken A. The line chart makes it much cleaner. I had it on candlestick. One question I have: March 17 it was at .65 and the mrkt has gone straight up since then. At .75, is it not saying we go higher ? Thank you Ken A. The line chart makes it much cleaner. I had it on candlestick. One question I have: March 17 it was at .65 and the mrkt has gone straight up since then. At .75, is it not saying we go higher ?

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