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puertorico
11-28-2004, 11:58 PM
I ' m watching cnbc & bloomberg in the tv

I wonder how they know the future ? or what they mean
Are they right always ? for example:

s&p fut
5-days =up "green"
30-days = up "green"
52-week = up "green"

Down fut =33 green
nasdaq fut =4.50 green
s&p fut = 3.10 green

euro spot -up "green"

yen spot 5-days = "red"


"baby step"
Iwant to understand what I'm seeing and why ?
I know green is up but how they know is going up?
Somebody give me any idea or ashort teaching class ...:)

Spaf
11-29-2004, 12:38 AM
puertorico

Short teaching class follows:
Get/see the big picture on the market, i.e., www.stockcharts.com (http://www.stockcharts.com) see the gallery view of $SPX (big picture). The big picture comes first, the rest is secondary.

I have run into the same problem at i.e., www.barchart.com (http://www.barchart.com) under market information, S&P 500, Technicals, option.

Some of the information can be a system overload. It's all guidelines and guess work, and information in history,which is good (and worthy of study). But, it does not predict the future. It cansave a mistake,it can guide an action, but it cannot predict a victory.

Some folks are always coming up with a "system". Maybe yes, maybe no, be informed, make an informed decision,and the rest is up to the market.

Rgds :) Spaf

tsptalk
11-29-2004, 01:09 AM
puertorico wrote:
I wonder how they know the future ? or what they mean
Are they right always ? for example:
Futures trading quotes... http://www.cme.com/trading/dta/del/globex.html

Looks good so far for Monday morning.

puertorico
11-29-2004, 01:18 AM
Spaf nice and outstanding class Thank you...:)

Let's see if I got it.

They look the trends 10 week graph ,200days ect...create a pattern
and anticipate the fut. but they arenot always right.Just a guide
action.

I haS to study about those 200 days graph but I'm not good
reading it yeT,but I'LL GET THERE.

Baby's step class out :^next...step...next...:D

Spaf nice and outstanding class Thank You...;)

puertorico
11-29-2004, 01:28 AM
Tom that positive . What not looking good is euro vs dollar they are
oposite place. dollar up :shock:euro down. let see what happen tomorrow:)
Being 100% I fund is not looking to good...:D

Mike
11-29-2004, 02:47 AM
Foreign markets are up in early trading.

Rod
11-29-2004, 03:28 AM
puertorico wrote:
Tom that positive . What not looking good is euro vs dollar they are
oposite place. dollar up :shock:euro down. let see what happen tomorrow:)
Being 100% I fund is not looking to good...:D



I beg to differ. Being 100%I is looking QUITE NICELY now (4:30AM EST).

You'll be seeing the $$$ soon enough, PR.:cool:

God Bless:^

Rod
11-29-2004, 07:06 AM
Hey PR, why don't you have your own account and account talk page???:%

:^

puertorico
11-29-2004, 08:30 AM
Thank Rod ,BUt I Dont feel ready knowns that in 2003 I was a cave-man
or a dinosaur in the market.Even when 2000 to 2003 I dont even know it
we were in a bear market.And I was defenceless.Now I can defend my
self a little bit..:^

jUst little by little I like to be in the same level that your are guys.
But this year was good to me being here 24/7 and watching cnbc
& bloomberg .

Dow fut 43.00 Common....... give me that Greeeeeeeen n :D.

Rod
11-29-2004, 09:08 AM
puertorico wrote:
Thank Rod ,BUt I Dont feel ready knowns that in 2003 I was a cave-man
or a dinosaur in the market.Even when 2000 to 2003 I dont even know it
we were in a bear market.And I was defenceless.Now I can defend my
self a little bit..:^

jUst little by little I like to be in the same level that your are guys.
But this year was good to me being here 24/7 and watching cnbc
& bloomberg .

Dow fut 43.00 Common....... give me that Greeeeeeeen n :D.

Hey... I'm a beginner too on the same level as you! You gotta start somewhere... making many many wrong moves along the way!:D

After today, you deserve your own account.:^

puertorico
11-29-2004, 09:27 AM
My next baby step class

Any Master ,Tom,mlk-man,Rod,Spaf,Rolo,WonderWoman ......ect ....or
any Volunter to tech me how to read a Graph 10 week or
200 days.

1-bring trend graph *"200 days will be interesting"
2-what happening,what going on .
3-what the graph is telling me.
4-how to start to do a trend graph .I mean where do I start
"what day" or week" in the down trend or up trend. "first day of month ?

Do I bother u ?:?do I annoyed to much too ? LET me know:?

....plain english pleased....:D

puertorico
11-29-2004, 09:37 AM
------------------------------------------------------------------------
Rod wrote....After today, you deserve your own account.:^
------------------------------------------------------------------------

ja ja ja very nice thank u,I like to cover some basic knowlegefirst
then I will jump in....:^.

Rod
11-29-2004, 09:44 AM
puertorico wrote:
My next baby step class

Any Master ,Tom,mlk-man,Rod,Spaf,Rolo,WonderWoman ......ect ....or
any Volunter to tech me how to read a Graph 10 week or
200 days.

1-bring trend graph *"200 days will be interesting"
2-what happening,what going on .
3-what the graph is telling me.
4-how to start to do a trend graph .I mean where do I start
"what day" or week" in the down trend or up trend. "first day of month ?

Do I bother u ?:?do I annoyed to much too ? LET me know:?

....plain english pleased....:D




I'm certainly no graph master.

I'll just watch & learn myself!:D

Spaf
11-29-2004, 10:06 AM
Ok puertorico

Go to: www.stockcharts.com (http://www.stockcharts.com)
When on that site go to free chart, then to gallery view, then type in $SPX for the S&P 500. This will give you a daily view of the market from July to the present, and a weekly view of November 2003 to the present.

Any questions, topics, practices, etc, see: www.incrediblecharts.com (http://www.incrediblecharts.com)
This site has a trading guide on the left side of the screen that you can scroll down for various topics.

Have fun! Rgds :) Spaf

puertorico
11-29-2004, 10:11 AM
I have homework to do :DSpaf :^

puertorico
11-29-2004, 06:50 PM
Spaf nice chart


I hear that stock always win in a long term more than 20 year
When I see HISTORICAL CHART GALLERY in that page .I can see
market go up and up from 1910 to 2000.


interesting historical chart ,thank...:^