Reply to: Time for a stock market crash

[sasguru]

You do talk complete bollocks. I could prove to you that the market isn't noise, but I really can't be bothered wasting my time.

If your audited accounts over a consistent period are showing a healthy profit, that's all you should worry about.
What do we trained statisticians, engineers and mathematicians reallly know after all.

[doodab]

Yep, it's all random folks...



It's just "noise"...



But hey, I don't need to persuade anyone about anything. I am done here.

Anyone can fit some lines around a graph. Unless you can extend the lines into the future and prove that they predict the future consistently then it's no better than tarot.

[SantaClaus]

Yep, it's all random folks...



It's just "noise"...



But hey, I don't need to persuade anyone about anything. I am done here.

[SantaClaus]

Nothing there but noise.
Could have been lifted straight out of Darrell Huff's classic.

You do talk complete bollocks. I could prove to you that the market isn't noise, but I really can't be bothered wasting my time.

[d000hg]

You two need to get a room and thrash out all that sexual tension you have.

We'll all sufferring having to filter through the rubbish you're spouting, so please leave this thread on topic and move on.

He started it.

[sasguru]

Original graph:



Change the scale and voila:

Nothing there but noise.
Could have been lifted straight out of Darrell Huff's classic.

[bjdon]

Can I ask, why is the S&P 500 the best barometer? There are other indices.

No particular reason other than it's the one I tend to get the most technical information on. I guess you want to follow an index that's broad based and tends to move in fairly clear cycles.

[ChimpMaster]

Terribly bitter for a Christian. God didn't have much left over when he handed out talents to you, did he?

It's like throwing treats to your pet dog.

You two need to get a room and thrash out all that sexual tension you have.

We'll all sufferring having to filter through the rubbish you're spouting, so please leave this thread on topic and move on.

[d000hg]

It's like throwing treats to your pet dog.

[sasguru]

Sometimes. Which is odd when you consider how smart and rich and happy and popular he is.

Terribly bitter for a Christian. God didn't have much left over when he handed out talents to you, did he?

[SupremeSpod]

Sometimes. Which is odd when you consider how smart and rich and happy and popular he is.

Not really, some people root for the underd000hg.

And by "root" I don't mean in the Australian sense of the word.

[d000hg]

Do you get loads of +ve rep for insulting sassy like I do?

Sometimes. Which is odd when you consider how smart and rich and happy and popular he is.

[BrilloPad]

Nice to be back on topic

I think we still have a few weeks (maybe 2) before the correction starts, there may be one more leg up for the markets to the 1430-1440 area on the S&P 500 before things start to get nasty

Is September 15/16 good? Anniversary of Lehmans and white Wednesday.

Or might it wait for the traditional October?

[suityou01]

Can I ask, why is the S&P 500 the best barometer? There are other indices.

[sirja]

Back to the subject of this thread.

Market moved down off the stophunt and daily pin as expected.

Obviously not a crash yet, but a nice intra-day move...

Nice to be back on topic

I think we still have a few weeks (maybe 2) before the correction starts, there may be one more leg up for the markets to the 1430-1440 area on the S&P 500 before things start to get nasty