iShares NYSE Composite Index (NYC)

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  • commenter
    Oct 07 05:23 PM
    Global Market Roundup: Will the Bailout Work? [view article]
    @Bill James: grammar check, please!

    @Shiv: "take time to work its magic"?? There is no magic to it. And it will not work. That was a scam, a farce...it serves only the banks and to further indenture the people, by handing over yet more control to the government. The real solution? Massive cuts to government and massive TAX CUTS. I'm not talking 5% or even 10%. I'm talking, cut the federal government to the core, and a flat tax never to exceed 10% on *anyone*. That is just...and it's overdue. Sooner or later enough people will wake up and demand it. This economic situation may just be the time that it happens. Hopefully!!
    Reply
  • commenter
    Oct 05 01:09 PM
    My Website
    Global Market Roundup: Will the Bailout Work? [view article]
    The rescue package will take time to work its magic. And while people watch for indicators of success from implementaion of the rescue package, there is a possibility that better opportunities might emerge. This is time when perceived risks are higher than real risks. In the short term, corporations may well find earnings potential fall below long term earnings potential; and this might cause better entry points. However several economic risks are already priced in. This is a market for long term investors (5/6 years). Sector allocation is important, overweight positions need to determined based on which sectors will benefit most during the next cyclical upswing; also to consider is over-weighting the presently undervalued sectors; and finally consider the sectors which outprform based on where we are in the economic cycle today. Investors should also not forget to rebalance portfolios more frequently than in normal times. Finally, do not forget diversification across asset classes. Its a good market for traders too; volatility is high which is good for day traders. Positional traders can also look forward to an up quarter followed by a re-test of lows. This is one of those times when there is opportunity for everyone, regardless of style - short term/long term/trader/bull/bear. The only styles I would say might feel a bit left out is growth; because I think this is a time value will outperform and off course, small caps should lag large caps. Reply
  • commenter
    Oct 05 09:00 AM
    My Website
    Global Market Roundup: Will the Bailout Work? [view article]
    End government control over rights of way, implement Performance Standards for power generation and transportation and in 6 years. seekingalpha.com/artic...

    Building the Physical-Internet will likely working family disposable income can increase by $3,200 per year. www.jpods.com/ar_Burde...
    Reply
  • commenter
    Oct 05 08:55 AM
    Global Market Roundup: Will the Bailout Work? [view article]
    Excellent review! The Doom & Gloom scenario seems almost universal - indicating that perhaps the worst has already been discounted. But "hold on" for more volatily until the dust settles and investors begin looking past the devastation to the inevitable economic and market recovery. Reply
  • commenter
    Sep 30 09:21 PM
    My Website
    NYSE Stat Providers 'Disagree' On Friday's Volume [view article]
    Yahoo's volume numbers are DISPLAYed incorrectly on their A/D page, but if you cut and paste to Excel you find out that the trailing digits are being truncated because some overpaid wit/2 has the page's display characteristics screwed up - in spite of me writing them about it twice in rather shrill tones.

    Also, as per new regulations a few years ago, they count both the buy and sell side of trades, so the numbers are twice what they used to be.

    Finally, yes, their NYSE volume numbers include the AMEX volumes also, as well as all pre and post market trades. If data sources understood the importance of maintaining the integrity of historical data it would be much more useful in making use of it. Sadly, government statistical series are no better.

    I hope this helps.
    Reply
  • commenter
    Aug 27 08:12 PM
    NYSE Short Interest Declines Again [view article]
    Could we be nearing a bottom in equities and a top in commodities. God only knows, but the indicators are flashing the be aware and be cautious, the down turn has been around too long and it may be waning. Stay loose the wind is shifting. Reply
  • commenter
    Aug 25 08:25 PM
    Dog Days Are Here [view article]
    SPX did not go down in September in 2007, 2006, 2004, 2003. Reply
  • commenter
    Aug 25 01:47 PM
    Dog Days Are Here [view article]
    I love the punch line... Hah! Reply
  • commenter
    Aug 25 01:27 PM
    My Website
    Dog Days Are Here [view article]
    Excellent input gentlemen! From a technical trading point of view, volume is extremely important. If a stock or index rallies on low or declining volume, its bearish as it shows that buyers are losing interest or not participating. If volume is declining or low on down days it is mildly bullish as it shows that shorts are sitting on the sidelines and investors aren't dumping shares.

    Volume is the fuel that drives rallies. Stocks need steady increases in volume to keep the rally alive. If we see a steady decline in volume during a rally, this normally means that the rally is getting ready for a correction.

    The flip side is the stocks can fall of their own weight so that stocks are falling on low volume is not necessarily bullish. In a bear market, stocks can fall for extended periods of time on lower than average volume. For more on this as it pertains to markets this week, see tradesystemguru.com/co...

    So what does the fact that volumes are low and falling for most of the major indexes? It could mean one of two things. 1) stocks are consolidating. The problem with this contention is that consolidations are marked by specific chart patterns such as flags, pennants, ascending triangles etc and we aren't seeing these patterns. The more likely possibility is 2) More weakness ahead. The second contention is made even more likely by the fact that Septembers have a habit of being the worst month of the year and the current deteriorating environment.
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  • commenter
    Jul 26 10:01 AM
    My Website
    NYSE Short Interest Hits Another Record [view article]
    I have always found that the shorts as a group are smarter than the longs. But this is a good contrarian indicator. Reply
  • commenter
    Jul 25 01:28 PM
    NYSE Short Interest Hits Another Record [view article]
    Its expected. While all the talking heads in Wall Street are saying "there's no recession coming" what they're really saying is "Well I'm short because I know there really is a recession coming, but I need someone on the other side of the trade, so I'll make it appear that I'm long."

    Anyone betting on a recession (which I think a lot are) will be net short, so a recession should indicate a higher short interest than normal, and since we havent seen a recession in a while its expected.
    Reply
  • commenter
    Jul 25 09:01 AM
    My Website
    NYSE Short Interest Hits Another Record [view article]
    Good information, thanks! Reply
  • commenter
    Jul 25 08:40 AM
    NYSE Short Interest Hits Another Record [view article]
    Oh God ...more good news Reply
  • commenter
    Jul 19 03:18 PM
    My Website
    Was That 'a' Bottom or 'the' Bottom? [view article]
    (chuckles @ jegan's "sub-basement&quo... THERE'S a cheery thought!!!

    old trader
    Reply
  • commenter
    Jul 19 01:49 PM
    Was That 'a' Bottom or 'the' Bottom? [view article]
    There are so many types of bottoms... Double bottoms, V, triple bottoms, inverse head and shoulders, saucer, cup and handle... And each has its own style of panic attached. Trying to determine what and where is difficult .. Reporting after the fact is so much easier.

    However, having said that, I feel like we're in Dante's Inferno at the 9th level and kinda wondering if there might be a sub-basement somewhere....

    Thx jegan ;-)
    Reply