- 多吉(1329 bytes ) (417 reads) 2010-06-23
LOL。。。Enjoy the 4th，because the market crashes next week.
No really, seriously - the market will crash next week...
a while back, a little birdy told me to look at a rather esoteric trend indicator known as the Aroon Oscillator. interestingly enough aroon is a sanskrit word meaning dawn\'s early light. how ironic.
in any case, it measures a trends strength. but for all intensive purposes i just look at the pretty patterns and search for anomalies. this is where it gets interesting.
i have to admit that i was following the 87\' charts pretty closely from last summer until now. although the fundamental backdrop in 87\' is vastly different than today - and i don\'t care that interest rates where rising or the dollar was crashing - the momentum analog, the people that chased the markets higher then and now, is ever present in the charts in both time periods.
frankly, my severe adhd prevents me from going through the minutia that went into developing this thesis, it\'s extensive - and furthermore, the day of reckoning is practically upon us. either buy those lotto puts friday morning or just pull up a seat and enjoy the fireworks over the weekend and next week when the market crashes. Here\'s some creative charting.