Added Thread

See if this solves the problem

20 comments:

CV said...

People...

I think we hit the 200 comment threshhold on the day when BLOGGER has been going bezerk anyway...

I guess this is the P3 of blogging...

18 said...

This might show up on the other thread, who knows but I'm posting it here as well...

Maybe you'll think this is some trick with numbers, I don't know. I've followed this for years now, but, not really sure how to implement it into a trading system other than using it for possible support/resistance levels.

Lately, you'll notice we sometimes gravitate back towards 1044, which happens to be a key level number. Remember "what's his name" 1097, well 1098 is a key level number. To me, it really seems like some of these numbers are magnetic.

18 Key Levels are every 3rd 18 multiple.

54
108
162
216
288
342
396
450
504
558
612
666
720
774
828
882
936
990
1044
1098
1152
1206
1260
1314
1368
1422
1476
1530
1584
1638

May-10 HIGH = 1205.13 within 0.87 points of 1206 Key Level
Apr-10 HIGH = 1219.80 within 13.80 points of 1206 Key Level
Mar-09 LOW = 666.79 within 0.79 points of 666 Key Level
Oct-07 HIGH = 1576.09 within 7.91 points of 1584 Key Level
Oct-02 LOW = 768.63 within 5.37 points of 774 Key Level
Jul-02 LOW = 775.68 within 1.68 points from 774 Key Level
Sep-00 HIGH = 1530.09 within 0.09 points from 1530 Key Level
Mar-00 HIGH = 1552.87 within 22.87 points of 1530 Key Level
Oct-02 LOW = 768.63 within 5.37 points of 774 Key Level
Oct-87 LOW = 216.46 within 0.46 points of 216 Key Level
Aug-87 HIGH = 337.89 within 4.11 points of 342 Key Level

All in all, I just find this very interesting how some of these turning points seem to be so close.

18

Anonymous said...

blogger, you suck ass

CV said...

thanks 18

Eric Schmidt said...

I'm willing to provide a full refund on request.

karen said...

18, thank you.. very interesting..

CV, thank you, too.. good thinking!

That last hour was totally absurd and UFB.

CV said...

@karen

I noticed that how many comments there were and how many were stated didn't jive...

I've seen that happen before and the thing goes bezerk...

This thread will be open until Amen comes along...

CV said...

The only thing going more bezerk than blogger at the moment are the HFT's on the SPX...

CV said...

I don't see how anybody could trade e-Minis at the moment...

I'd be scared out of my mind!

CV said...

Well, it's official...

We now have our DARK CROSS

AmenRa said...

What's the deal with the five minute save? Can't let the market close lower after Independence day? What a f'in joke.

CV said...

I don't know what kind of crack TWSWB is smoking these days...

But to put up a chart like this...

http://www.ritholtz.com/blog/wp-content/uploads/2010/07/USLLI.png

A friggin' moron could figure out that we have been in a CREDIT BULLBLE since at least as early as 1982...

To give a chart like that ANY weight at all is ridiculous...

CV said...

@Amen

I'm pretty sure the HFT algos were running the Palmyra fireworks show...

http://www.youtube.com/watch?v=GOvPeMAFDSk&feature=player_embedded

CV said...

New Loan Delinquencies on the Rise Again

http://finance.yahoo.com/news/New-Loan-Delinquencies-on-the-cnbc-3973491539.html?x=0&sec=topStories&pos=3&asset=&ccode=

whoocoodanode?

18 said...

@ Karen

You asked if "18" works on GOLD a few days ago... you be the judge using 18 key levels. Also, see many other 18 levels on the chart.

GOLD CHART

Nic said...

BinT
I know you watch lumber ...
Lumber fell "limit down" today on the CME, “on declining construction in the U.S. and Canada and speculation that wood processors will not curb production, adding to already ample supplies”.

Nic said...

BinT
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aazj6Y95BW9A

Nic said...

Vancouver house prices down 30% YoY, Canadian building permits down 11% (5 times the forecast) and lumber limit down today. What Canadian housing bubble?

BinT said...

Thanks Nic, just looked at it and then there you were! What a woman!

Nic said...

Why did we stop talking about commercial real estate?
HousingWire: CMBS Delinquency Rate Triples From a Year Ago, Passes 7%
http://goo.gl/fb/oNiJW

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