THE CHART ROOM

[johnyholiday]

Almost forgot us

NASDAQ (NASDAQ.NDX)

[johnyholiday]

A sort of a congestion of patterns, medium term ,will work it's self out

NASDAQ (NASDAQ.NDX)

[johnyholiday]

The Divine Proportion The ear reflects the shape of a Fibonacci spiral.

[johnyholiday]

Ya never know some rich cats might google up a Karlson or

Fib-spiral or an Index chart or any of this other junk an find us

Klipsch-o-nites

Here's another interesting graph where, again, highlighted the points

of interest for emphasis. It shows the DIA (which is the Dow 30 ETF)

with its volume. Notice today's huge volume. Two other recent instances

of a big volume spike likewise marked the establishment of a short-term

bottom.

[Clarence]

getting smarter....

[johnyholiday]

Past ,Klipsch grill cloth an wood finish samples

[johnyholiday]

Speaker encloser placement

[johnyholiday]

Fear Index went to an "Extreme Fear" level. Yesterday was panic selling by both big and

small investors as they started waking up to the realities of inflation.

Just about every home owner in the country is wondering why they are paying more for

goods and services, and the Fed says that they areimagining it as the CPI numbers

show very little inflation.

[Colin]

hey! I think I remember that brochure!

yes, we should be investing in these energing countries, individually and instutionally too, which is what all the trade agreements are about: US coporations taking positions

how is the fear index calculated - from the markets themself?

[johnyholiday]

The Fear Index went from being slightly in the Extreme Fear Level to

deep into Extreme Fear Level. Our chart below shows the Fear Index back

to 2001. Past occurrences at this level of fear shows that it goes

through a final stage where it "burns itself out" as the last group of

investors finally sell. This process could take a day or two or as long

as 10 days ,Investment bank, J.P. Morgan reduced their U.S. growth

projection for this year from 3% to 2.5% ... a 16.7% drop. What happens

now? How long can investor Fear stay at these levels?the fear index is

a proprietary indicator

{secret} probably those MMX areospace missle guidance systems guys

[johnyholiday]

http://www.mesasoftware.com/aboutjohnehlers.htm ,John Ehlers {great

guy} retired as

a Senior Engineering Fellow with one of the largest Aerospace Companies

{MMX missle guidance systems etc..}, He discovered Maximum Entropy

Spectrum Analysis {MESA} while attending an Information Theory seminar

in 1978. He quickly reduced the theory to a computer program useful for

trading, he taught johny ,that an unwraped spiral, is a cycle in the

time domain, an trend

mode is{~30%of the time} an cycle mode is {~70%of the time}referencing

stock market data, use trend

indicators ,in trend mode, use cycle indicators, in cycle mode, MESA

tells which one, is the data , trending or cycling, the CYCLES

TUTORIAL: RANDOM WALK, DIFFUSION EQUATION ,TELEGRAPHERS EQUATION,is a

good read, on chart top panel, is MESA , straight lines indicate cycle

,color of line indicates cycle length,spectrum of color around straight

line, indicates trend energy,that cycle is operating within ,bottom

panel is FFT which is worthless

[johnyholiday]

The charts below contain a theoretical 20 bar Sinewave, and compare the

FFT measurements, on the bottom panel, to the MESA measurements, on the top panel.

Clearly, the FFT measurement, has poor resolution ,while the MESA

measurement is sharply focused ,at the theoretical period. Further, the

FFT measurements contains artifacts, relating to the phase angle of the

waveform.

[colterphoto1]

loved the chart on the loudspeaker placement spheres. But does this fear thing mean inflation is happening ( I don't think so), or that it undoubtedly WILL happen (maybe?) or that there is no way (slim chance?). In any case, it seems by your description that it's a short term cycle, so no need to bother the broker this week?

I'm fascinated by all this, but frankly understand about 2% of it.

Johnyholiday= boy genius

[sputnik]

Based on Golden Ratios, this "Phi" mask defines a beautiful face. Go to this link to learn more.

[sputnik]

The "Prettiest Girl on the Planet" obeys the Golden Rule when a Phi is thrown in her face.

[sputnik]

Even the old girls must obey.

[sputnik]

A face that defies Fibonacci. [:S]

[sputnik]

Here's a question for Johny. Based on my own empirical studies, there are more ugly people than beautiful people. Could a Fibonacci fit to a system be the exception rather than the rule? Is that what they mean by an ugly market?

edit: But then again, even the ugly face bears more resemblence to the Phi mask than the abstract. Hmmm.

[Clarence]

Johny,

Lets talk Sirius. What am I doing here? Bought at 3, went to 9, back at 4. Still own it all.

Thanx.

[johnyholiday]

Last night, the India Stock market{biggest democratic country in the

world,... 1,045,845,226 (July 2002 est.) ,} went down 10% in panic selling. They closed the market on the

down draft and then reopened it. Panic levels settled, and when I last

looked at 7 AM, it was down only 4%.

Between the temporary market close and shortly after the reopen, 6% of

the down move was erased.

This is what can happen when Fears hit panic levels ... market circuits

are hit, the market is temporarily closed

and then market intervention occurs with liquidity being pumped in to

bolster the markets.

Which takes us back to our Fear Index. I don't want to belabor this

chart, but as we showed last

week, Fear levels went to an "Extreme Level". That is the level were

panic selling occurs.

Panic levels don't usually occur for very long, as the markets hit very

oversold conditions very

fast in this modality.