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"Pictures" worth more than thousand words. [10% to 15% correction is coming]
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"Pictures" worth more than thousand words. [10% to 15% correction is coming]

  #1 (permalink)
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"Pictures" worth more than thousand words. [10% to 15% correction may be coming]

It is basically what it says on the tin. "Pictures" worth more than thousand words. [10% to 15% correction may be coming]

What is your take on it? And do you have more "pictures", charts, diagram, histogram, tables or statistic stuff etc to share?

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Last edited by mrphr; January 19th, 2018 at 12:08 PM.
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  #2 (permalink)
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  #3 (permalink)
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mrphr View Post
What is your take on it?


Simply that it's all too easy to attribute causation to apparent correlation (especially when dealing with small sample sizes, selection bias and anecdotal evidence).

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  #4 (permalink)
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mrphr View Post
What is your take on it?

We can never know the 'what next' but it is always useful to know the 'where now'. Thanks for good pictures, even though crowds and momentum are a tough team to time.

Cheers

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  #5 (permalink)
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Tymbeline View Post
Simply that it's all too easy to attribute causation to apparent correlation (especially when dealing with small sample sizes, selection bias and anecdotal evidence).

Sure, do you have anything of more significance to share and contribute to the thread? Yeah it is a anecdotal evidence but at the same time it is a puzzle and one has to agree that not everybody has the intellect and is capable of solving puzzle.

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  #6 (permalink)
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ratfink View Post
We can never know the 'what next' but it is always useful to know the 'where now'. Thanks for good pictures, even though crowds and momentum are a tough team to time.

Cheers

Yes I agree, that is why I was trying to change the tittle to [may be coming] instead of [is coming].

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  #7 (permalink)
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mrphr View Post
Sure, do you have anything of more significance to share and contribute to the thread?


With apologies, I don't - but "you did ask" and, with respect, my original comment does actually have quite a bit of significance, in this context. In my opinion, anyway.

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  #8 (permalink)
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Tymbeline View Post
With apologies, I don't - but "you did ask" and, with respect, my original comment does actually have quite a bit of significance, in this context. In my opinion, anyway.

Well not for me specially because your answer was quite “simplistic” in a way that you have nothing with more significant to back your words to contradict the “puzzle” I am suggesting, so for me it is just simplistic words with a tone of sarcasm by the way.

Not that I am expecting everyone to agree but when you try to contradict something you need to come up with much better explanation and also with some good evidences, which was not the case.

And one does not to be a genius to figure that, that are more intermarket correlation in financial markets than one could think of.
This may be a good stating point for anyone interested in the topic: https://www.amazon.com/Trading-Intermarket-Analysis-Financial-Exchange-Traded/dp...RID=024W1TD6C4HET96GZWB7


Last edited by mrphr; January 14th, 2018 at 02:30 PM.
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  #9 (permalink)
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mrphr View Post
[10% to 15% correction is coming]

Unfortunately I've been thinking that for the last 25% up move

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  #10 (permalink)
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