tag:blogger.com,1999:blog-3285685659201746004.post2869647789861430157..comments2024-02-29T04:24:14.076-07:00Comments on Albertarocks' TA Discussions: DAX And The Entire European Financial Index - Going Parabolic?Albertarockshttp://www.blogger.com/profile/01012817858746684681noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-3285685659201746004.post-62202690147937893292012-01-08T19:31:10.063-07:002012-01-08T19:31:10.063-07:00I understand your question Anonymous, and I do ap...I understand your question Anonymous, and I <i>do </i> appreciate why you might want a separate identification for this site (or any other where you'd want to do that). Right now you're posting as an anonymous person because I have that setting selected. I have the option to disallow anonymous comments which would force people to either become a registered user or to use a Google ID. In this case, I don't even know what "registered user" means, since I haven't demanded any kind of registration. I don't even know how to do that.<br /><br />But I have no interest in 'forcing' people to do anything. So I think your only alternative is to create a new account with Google which would probably entail using a different email address to complete that registration. Other than that, I don't have an answer. My apologies, but I've actually never had to think about this before.Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-45060247583427440602012-01-08T16:14:00.464-07:002012-01-08T16:14:00.464-07:00What I'm trying to say is, if there is a good ...What I'm trying to say is, if there is a good way to get an ID for use on your blog, I would join the discussion here. It doesn't work to well for me to point without any identity. I would like to have an identity as far as your blog is concerned. However, I wouldn't want my screen name from elsewhere to be automatically used. Let's say my Google screen name is Snow Bunny. If I post here using that ID, it would be indexed by search engines and anyone who knows me by Snow Bunny will be able to find out that I'm researching investment matters, which I don't want known.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-12761254985646575142012-01-08T16:08:29.851-07:002012-01-08T16:08:29.851-07:00What do you suggest as a way to post here without ...What do you suggest as a way to post here without using identifiable accounts like Google (people already know by Google screen name) or not just posting as Anonymous?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-53505793287480066832012-01-05T22:48:57.138-07:002012-01-05T22:48:57.138-07:00That's what I'm talkin' about. lol
Ni...That's what I'm talkin' about. lol<br /><br />Nice link Brightfire, thanks. Finally the media is directly addressing the very topic I'm demonstrating in this article.Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-86528264407662296512012-01-05T20:00:50.882-07:002012-01-05T20:00:50.882-07:00Timely study and conclusions, Alberta.
5 Januar...Timely study and conclusions, Alberta.<br /><br /> 5 January 2012 Last updated at 18:50 ET <br /><br />http://www.bbc.co.uk/news/business-16424802<br /><br />Euro drops to 16-month low over bank concerns<br /><br />French bank stocks closed lower, with Societe Generale down 5.4% and BNP Paribas down 5.3%.<br /><br />Germany's Deutsche Bank fell almost 6%, with Commerzbank down 4.5%. <br /><br />Spain's Santander dropped 4.5%. Italy's UniCredit fell 17% before its shares were suspended for the second day in a row.<br /><br />Luis de Guindos, Spain's economy minister, told the Financial Times that its banks may face up to 50bn euros ($64.2bn, £41.3bn) in new bad loans - higher than previous public estimates by the government.BrightFirehttps://www.blogger.com/profile/00833687038560998804noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-49994814394404991842012-01-02T21:08:12.100-07:002012-01-02T21:08:12.100-07:00Hey AR, thanks for sharing that video ... very enj...Hey AR, thanks for sharing that video ... very enjoyable and inspirational. Very timely with the new year and b-day. Thanks!<br />GPGregInBaltimorehttps://www.blogger.com/profile/00179558755055749264noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-63364636037077155572012-01-02T18:54:59.962-07:002012-01-02T18:54:59.962-07:00You betcha Mitch! Dollars per gallon is a ratio. G...You betcha Mitch! Dollars per gallon is a ratio. Gallons per barrel is a ratio. Miles per hour is a ratio.<br /><br />And the price of DAX shares per unit of E1FIN is a ratio.<br /><br />It's just that some of the most interesting and informative ratios are seldom even thought of, let alone investigated. They're very revealing in so many cases. As the old saying goes, "everything is relative". It's a far more important concept than most people give it credit for. In fact, a meaningful ratio is more revealing by far, than the chart of either of it's components.Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-14253298883346758882012-01-02T18:21:04.715-07:002012-01-02T18:21:04.715-07:00And in a way, all stock prices (for that matter, a...And in a way, all stock prices (for that matter, all *prices*) are ratios of a kind.mitchkellerhttps://www.blogger.com/profile/06208349406594622317noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-82534605592989024352012-01-02T13:52:16.494-07:002012-01-02T13:52:16.494-07:00Lol... great to see you again TX. We sure haven...Lol... great to see you again TX. We sure haven't spent much time together... just that one day I think. But thanks for remembering that some of us wanted to stay in touch with you.<br /><br />"...although the site is still a work in progress."<br /><br />I hear ya. Same here since my own blog has just turned 3. Weeks, lol.<br /><br />For sure it's a bit of a learning curve but I'm positive you'll progress with it as fast as I have fortunately been able to do. It was a bit daunting at first but now it has just progressed to learning the more detailed intricacies. At least I have a spot where I can make a few comments without having to put up with 'disturbers'. Great job... and thanks again for stopping in. And you're more than welcome about the posts I put up.<br /><br />I've just added you to the blog roll and if you get one set up, perhaps you'd consider doing the same. You're one guy I'm more than happy to be hooked up with.<br /><br />I wish you the best of success in 2012 as well. Don't be a stranger.Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-43537669538531561552012-01-02T12:57:48.543-07:002012-01-02T12:57:48.543-07:00AR, a promise is a promise. TrendXplorer is public...AR, a promise is a promise. TrendXplorer is public, although the site is still a work in progress: http://indexswingtrader.blogspot.com<br /><br />Thanks for your writings.<br /><br />Best of trading in 2012 !TrendXplorerhttp://indexswingtrader.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-11183253562183675182012-01-02T10:57:29.683-07:002012-01-02T10:57:29.683-07:00Forgot to wish you a happy birthday buddy. Here...Forgot to wish you a happy birthday buddy. Here's a link to an awesome video that a lady from San Diego that I know only vaguely just sent me. It's very nice and very new to YouTube. Thanks Andrea. I pass it on as requested by the producer:<br /><a href="http://www.youtube.com/watch?v=WVsmOw71eFg" rel="nofollow"><b>Short video</b></a><br /><br />Happy B'Day Greg :-)Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-61759387229733763852012-01-02T10:10:53.450-07:002012-01-02T10:10:53.450-07:00Thanks Greggor. If you think of a ratio analysis ...Thanks Greggor. If you think of a ratio analysis such as this as if it were a currency trade (which you're familiar with) then it becomes so easy to understand a chart like this. Just as in the case of currencies (let's say $AUD:$JPY for example) you know that if the currency on the left side of the ratio rises, that would add pressure for the ratio to rise. So in this case, if the DAX rises, the pressure is on the ratio to rise.<br /><br />Those are just the very basics, but it helps to understand what it takes for the ratio to rise or fall... just as in a currency trade. It can also happen (as I realize you know) that the factor on the left side of the ratio can rise but the ratio falls. That can only happen if the factor on the right side of the ratio is also rising AND at a faster rate than the one on the left. I'm sure you realize all this, but I'm also sure that many other readers don't. So I hope that description helps a bit. Once a person understands what it takes to make a ratio rise and what it takes for it to fall, then it's all downhill from there. Ratios are "the most revealing" type of analysis I can think of, which is why I investigate them so much. Of course they have to have some sort of connection in order to make them meaningful. <br /><br />One time I did a ratio study between the price of cold beer and gasoline. Much to my dismay I discovered that I'd be a whole lot better off if I started drinking gasoline and running my car on beer. So after a week of trying that all that ever happened was that I kept finding myself sitting in my car for hours trying to get it to start and all the while barfing out the window. I finally gave up on that whole project when I lit a cigarette. So some ratios are helpful, some are explosive, lol.<br /><br />Nice to see you as always buddy.Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-70269921728151705492012-01-02T09:51:59.526-07:002012-01-02T09:51:59.526-07:00Excellent work AR, thanks! And the 3rd will be my...Excellent work AR, thanks! And the 3rd will be my birthday ... looking forward to that gift! It's already looking very interesting ... the chart you posted does look like the down trend has started.<br /><br />I'm going to read this one again, it's a very insightful study. Interestingly, the ratio looks like it could have another spike or wave upward like it did in 2008. Haven't had the panic thrust yet. Also interesting that the ratio is at the same level as the peak of the crisis (part one of the crisis). Also noticed that the European Financial Index is closer to the 2009 lows than is the XLF ... leading us down.<br /><br />Thanks a heap ... ratio analysis is new to me, but it looks very insightful.GregInBaltimorehttps://www.blogger.com/profile/00179558755055749264noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-53033119515006982082012-01-02T09:36:36.791-07:002012-01-02T09:36:36.791-07:00Yo Nitro, lol
Ain't that the truth? I mean, W...Yo Nitro, lol<br /><br />Ain't that the truth? I mean, WTH is the world thinking? That the major banks of the world are healthy? That's <b>exactly</b> why I did this study... to point that out. They're continuing to be sold off <b>in spite</b> of all the funding they've been getting. How much more convincing does the world need? Not all of them can survive and when the first one topples...<br /><br />Thanks for dropping in. You know you're welcome here at any time. All the best in the new year :-)Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-64301078839520556122012-01-02T09:28:48.195-07:002012-01-02T09:28:48.195-07:00"Equities cannot continue to climb with banks..."Equities cannot continue to climb with banks collapsing!" Oh so true. NitramAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-6327921652309808332012-01-02T09:27:36.685-07:002012-01-02T09:27:36.685-07:00Thanks Anonymous. I'm not sure if you're ...Thanks Anonymous. I'm not sure if you're my buddy Jack or a different 'anonymous' but in any case... thanks. Yes, that follow-up to the CRX piece is scheduled for tomorrow... not sure what time because I've given the luxury of that decision to John Lounsbury. It may seem a bit silly, but it's my way of paying honor and thanks to him for his staunch (and very surprising) support of my work. I don't know for sure what it is that he sees, but I 'do' know that he's fully aware about how ratios analysis works. He can read one of those charts and 'get it' immediately. Besides, it was he who willingly published some of my other stuff when few had even heard of me, including the original CRX piece. He's a great guy too. So is Michael Eckert of EW Trends and Charts who also supported my work in the beginning. But something went wrong with that relationship although I still think of Mike as a good friend. In fact I've been trying to add his blog to my blog list but Blogger just won't accept it. Well it accepts it but it comes up as a dead link. That's no good. But I'd sure support EW Trends and Charts if I could make that link work over in the blog roll. Here's what his site looks like:<br /><a href="http://elliottwavetrendsandcharts.com/" rel="nofollow"><b>EW Trends and Charts</b></a><br /><br />Most people I deal with are really great folks. Funny how that happens sometimes, eh? all the best in 2012 :-)Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-67451175847360242812012-01-02T09:14:39.716-07:002012-01-02T09:14:39.716-07:00Thanks greenface. Yes, that's what the StochRS...Thanks greenface. Yes, that's what the StochRSI indicator is showing. Special note of thanks to Scottick who taught me that one. As far as I'm concerned he owns the rights to it... it's a hell of a great tool. Scotty's a hell of a team player and you can't help but love a guy like that. I'm going to toot my own horn and declare that I'm one too. But damn it all, I simply refuse to share some of my better stuff any longer on sites where there are ignorant, spineless punks whose only goal in life is to fail and to urinate on other people. They wouldn't get away with that in person I assure you. That's why we have hospitals in Canada. I imagine it's only a matter of time before Scottick gets fed up with it all as well. He's a great guy and I 'know' he doesn't have a lot of spare time or energy to waste like that.<br /><br />But back to topic... I liked the StochRSI anyway and have it monitoring the situation on most charts and on most time frames. But just like any other indicator, it often gave a signal just a bit too early. What Scottick did was to remove most of that noise and force the indicator to "prove it". So we make the StockRSI itself invisible but add two moving averages of it. That's what you're looking at... the moving averages. Excellent call dude, lol.<br /><br />Thanks for dropping in buddy. You were one of the very first people to decide to follow this little blog and I won't forget that. Thank you.<br /><br />Best of luck in 2012.Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-31625396570542163262012-01-02T09:13:34.563-07:002012-01-02T09:13:34.563-07:00Great post A.R. looking forward to your next tomor...Great post A.R. looking forward to your next tomorrow.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-32524670102094560282012-01-02T09:00:27.609-07:002012-01-02T09:00:27.609-07:00Hi Billiam. Nice of you to take the time to read ...Hi Billiam. Nice of you to take the time to read this little assessment of the goings on I Europe. Yeah, the orcs in Europe are having a hell of a lot of fun today, goosing her up before the American markets open. No doubt it's on very low volume in Germany and France, a great opportunity to do some illusion painting. Oh hell man, I don't know for sure. I suppose it's possible that the markets head higher until the next crisis... a day from now, a week from now... who knows? But it's nothing more than kicking the can a bit further down the dead end road. It can't last much longer because the deflationary forces that seem to be building are so much larger than any amount of money printing that the criminals want to try to put forth. They're not fooling anybody but themselves in my opinion. <br /><br />I was actually expecting a gap lower for the US markets on Tuesday. It's pretty hard to hold that vision though when the DAX and CAC are being goosed like this. Nonetheless, the western markets are sure looking burned out right now. But we'll see tomorrow I guess. There's certainly nothing saying that the first week of January <i>has to be</i> an up week although they certainly do try to make that happen. You know, get the world off to a glorious start. Here's how it looked back at the start of 2009 and this is actually what I'm thinking will happen this year. But you know how it works... now that I've said that, the market will be juiced up to 1635 before the week is over, lol<br /><a href="http://stockcharts.com/h-sc/ui?s=$SPX&p=60&st=2008-11-30&en=2009-02-28&id=p42573308375&a=252414049&r=7130&cmd=print" rel="nofollow"><b>Jan., 2009</b></a>Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-73177026482357672662012-01-02T08:22:33.012-07:002012-01-02T08:22:33.012-07:00Great article AR. I don't know what's in s...Great article AR. I don't know what's in store for us this year, but I'm glad you're analyzing the charts. One technical question about your chart: for the StochRSI indicator, is the signal a crossover of the MA's?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-6324996281759238682012-01-02T08:16:47.521-07:002012-01-02T08:16:47.521-07:00AR- Here's one from south of the border who ap...AR- Here's one from south of the border who appreciates your work as well. European markets up this morning on what, I don't know. Hopium exports up? All the best and Happy New Year to you and yours.Billiamhttps://www.blogger.com/profile/06169996801230993241noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-11479475067165518442012-01-02T06:10:25.776-07:002012-01-02T06:10:25.776-07:00Thanks katzo7. Man, it sure didn't take long ...Thanks katzo7. Man, it sure didn't take long for people to find this article and start reading it. I just published it last night but didn't release it for viewing until this morning. A dozen people are reading it right now but you might have been the first, lol.<br /><br />I assume you're referring to the bottom chart? If so, it will be published right here tomorrow in a new article. The only reason I'm holding off on that one is out of respect for John Lounsbury. He's been such a staunch supporter and promoter of my style of analysis (I'll never know why but sure appreciate it) that I promised him he would publish it even before I do, lol. <br /><br />The reason for that is that he published the original article on his site... before this little blog of my own had even been conceived of. The original article (published last May) is the one at the top of <a href="http://econintersect.com/b2evolution/blog3.php/2011/11/08/top-twenty-investing-blog-2q-3q-2011" rel="nofollow"><b>this list</b></a>. The chart you referred to is showing the aftermath... the follow-up. So as I mentioned, if you're interested in that one, it will be published here tomorrow at the same time it's published on GEI.<br /><br />Thanks for taking the time to read this piece bud. It's rewarding to know that there 'are' a few people out there who find my 'stuff' at least interesting enough to read.Albertarockshttps://www.blogger.com/profile/01012817858746684681noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-6000248563069191222012-01-02T05:56:30.717-07:002012-01-02T05:56:30.717-07:00YOU should be your...YOU should be your...katzo7https://www.blogger.com/profile/07023094672090810752noreply@blogger.comtag:blogger.com,1999:blog-3285685659201746004.post-32462614439024917232012-01-02T05:55:24.340-07:002012-01-02T05:55:24.340-07:00Excellent analysis A.R. YOU last chart is really t...Excellent analysis A.R. YOU last chart is really telling. Where will you post it? Plz let me know.katzo7https://www.blogger.com/profile/07023094672090810752noreply@blogger.com