Predictive Model Output - Apr 21, 2006

nodoodahs · Moderator Joined: 06 May 2005 Posts: 1862 Location: TX

http://nodoodahs.com/predictive-modeling/predictive-model-output-apr-21-2006/
_________________
He was wearing my Harvard tie. Can you believe it? My Harvard tie. Like oh, sure, HE went to Harvard.

rffrydr · Posted: Thu Apr 27, 2006 6:58 am Post subject:

Yes, today we put to the test our "refined" impressions of Helicopter Ben. Maybe "Hawkeye." But, that Yellen commentary looks like a trial balloon.

Anyway, with China last night, we see it's a global thing.
_________________
Today is the Tomorrow you worried about Yesterday!

nodoodahs · Moderator Joined: 06 May 2005 Posts: 1862 Location: TX

I think CMF could be an oversold(bought) indicator at more extreme levels, like 0.3 or more in either direction. Granted, lots of times stocks stay oversold(bought) for weeks or months on their way down(up).

In the norm, where it's close to zero, I think it's an indicator of strength or weakness, and I think the recent red is a bearish indicator and potential leading indicator.

So yeah, I don't like that the CMF is negative, but I still see a lot that I do like.

With Bag Man Ben speaking, I'm sure there'll be an interesting reaction ...
_________________
He was wearing my Harvard tie. Can you believe it? My Harvard tie. Like oh, sure, HE went to Harvard.

rffrydr · Posted: Wed Apr 26, 2006 10:12 pm Post subject:

Hey, Bill. I do appreciate these updates. What I don't understand I, at least, can consistently do so.

Obviously you like this Chaiken Money Flow indicator. Noticing all the red under the current market, which you seem to be using as an "oversold" indicator. Is this the markings of a "stealth" bear market? Like today, GM's boost masking, we'll call it "profit taking" elsewhere: GOOG, SBUX, BA, CAT, NUE etc. Saw last week. In this case wouldn't CMF be a leading indicator????