The code is as follows.
int SetRtn1( 0 ),
int SetRtn2( 0 ),
float GVhighMA( 0 ),
float GVlowMA( 0 );
max1 = maxlist(high,high,high,high,high,high,high,high,high,high);
max2 = maxlist2(high,high,high,high,high,high,high,high,high,high);
min1 = minlist(low,low,low,low,low,low,low,low,low,low);
min2 = minlist2(low,low,low,low,low,low,low,low,low,low);
If use2bar then begin
GVhighMA = ROUND2FRACTION((max1 + max2)/2) ;
GVlowMA = ROUND2FRACTION((min1 + min2)/2) ;
GVhighMA = ROUND2FRACTION(Averagefc( high, Length )) ;
GVlowMA = ROUND2FRACTION(Averagefc( low, Length )) ;
The definition of an asset is, something that creates future economic benefit.
So, just exactly what ASSETS the Government has that will create future economic benefit? That is where you are completely WRONG.
And to whom? Tanks? Aircraft carriers? The white house? Sorry Dunrunnin but on this you are wrong.
The debts can never be paid back. That is the simple truth.
That is true but, when you are looking at a stock index you have to realize exactly what the stock indexes are.
They are simply NEW MENUs.
When the old products on an old menu get played out, you do what? You change the menu.
The DOW is a new menu. The SNP 500 has had many of its products changed and thus a partially new menu.
The NAS 100 has has 45 percent of its products changes. and so you have a relatively new menu.
The stock indexes are simply a choice. If you like what is on the menu and how much the entire menu costs to own? Then simply buy the package. If you don't like it then do not buy it.
I happen to think that what many a short overlooked was the simple fact that wallstreet had time for one more menu change and one more so called "bull market".
The first fraud was the run up in 2000 using a slew of worthless IPO's and so forth. Then the crash.
The second fraud was the run from 2003 to 2007 using fraudulent valuations in the banking sector which suggested every subprime home load could and would be paid back in full.
This is now the final fraud. Clearly who ever is holding government debt is at risk and not only that, the debt is getting treated as if it can be paid back. That is creating fictitious asset valuation and when it has to be dealt with the banking system is once again at risk. This is pretty much what blew things up.
So the only story now is, there is no story. No new technology. Ok social media.......??? Keep track of where the 252 day average was and is.......There will simply come a time when the 252 day average stops rising.
As to GDP. If you did not have deficit spending......we know where we would be. The general public has no idea how this works and so they take a piece of their pay check and put it in to various funds and so on and hope for the best. IF you were to take the average of all stocks in the nasdaq composite......well now......it's no where near 390 a share.......around 30 or so.
The line in the sand is not 175.95. It is 176.64. Must demonstrate demand above that. The trade zone is from 175.78 to the all time high . You are close. But this is not horseshoes.
Why are you even here? You really do not have any thing constructive to say. You are simply a troll from what I can see. Go away.
You are a delusional pattern seeking idiot primate
got ya pud.
This is by far the biggest freak show ever. By the way.......this is where you short the ES again. above 1773.25
Only a delusional pattern seeking primate would do that ya know.
control line to support of dmt line but price has to hold trap door of fib extension from top of dmt line to control line.
The only meaningful regulation would be that the funds that manage money are only paid for the actual cash gains that are produced as opposed to getting paid based on portfolio value. That would really show you what this market is NOT MADE OF.
Why on earth would you pay some one for unrealized gains? That is the real fraud.
Did it ever occur to you that the extraction industries like global warming? What ocean will be the next target for drilling.
It would be wise to take a look at the accounting associated with QE. Some one still has an obligation out there to pay back and that is not going to change.
NQ is slowing down a bit.......next big level up is 3411.25. Got over 3380.75 and stayed over it.
The equal weighed indexes will take a little shine off of things. Everything looks amazing when you use a nice formula to weight things. And you have to present it properly.
QQQ 83 a share
QQEW 35 a share
It sure would be boring if you could not express the indexes in thousands. It sounds spectacular and it is all part of the show. Why do you think it is done that way. "SNP 1800"!. But, 1800 is really only 180 a share and if un-weighted, 69.55 a share.
Even when a stock is up from say 10 to 20 it has "SOARED"!. Of course the all time high of 80 is not mentioned. Everything that is said and reported is done as part of "THE SHOW".
Somewhat like "rasslin". Big behemoth dudes flying all over the ring juiced on steroids and the fans get sucked in to the story lines of good versus evil. But in the end it is simply SPORTS ENTERTAINMENT. That is all it is.
Repubs shut down the gov. EVIL!
Dems are for the people and getting you the healthcare you need! GOOD.
Story line after story line of good versus evil as they pick your pocket.
The stock indexes are really the same thing. Formulas to make it look good. And of course change the players as needed. Then you have some high priced stuff that has been juiced and you are all set.
The folks on Wallstreet understand the psychology of making indexes move and how to talk about them.
But, the indexes have NOTHING TO DO WITH the real economy anymore. What will kill everything is the idea that the Gov can simply run deficits and not be responsible.
Like any entity, the day that the debt cannot be serviced is the day of reckoning.
So here is where the technical stuff comes in. And it does not ever fail. Know where the midpoint is.
There are various midpoints but the big one is always the (ALL TIME HIGH plus the ALL TIME LOW)/2. Know your midpoint.
GO back and test it. Try it. You will see it is all about the MIDPOINT and when a stock can not hold it's mid point, it is game over. All there is to it.
Got news for you HYPER. Your bet is going to be good yet again and here is why. All you have to do is look at WHAT IS INSIDE THE COMPOSITES. Forget about the INDEXES. The truth is found there and let me tell you. There has been destruction in the NAS COMPOSITE and NYSE COMPOSITE. All you have to do is go down load the data and sort by price.
The bet is not really against America. The bet is against the ability of wall street to be able to control all stocks all the time and that is a good bet because they have NO ONE TO SELL TO and they simply won't ever try to control every stock in the composites. What are the average prices in those composites? Not good.
Also, If the stock industry is so wonderful, then why have so many firms gone under?
GO back in time.......where is Painewebber, Salomon Brothers, Lehman, Bear, KNight, and the list goes on.......the fact is that this is the last dance for this industry and the way you knew it was over was because the INVESTMENT BANKS are COMMERCIAL BANKS that suck on the teat of the FED.
I wonder how shareholders would feel if A STOCK TRANSFER AGENT was authorized to print stock certs and then use them to buy stuff for their own balance sheet. That is illegal.
That is what QE is. An abomination similar to that. These silly indexes are what get reported but the truth is always found by looking inside the gift wrapping.
Don't you have to use another currency to buy bitcoins? And just what entities accept bitcoins as payment for goods or services?
So what you are saying is that when the last buyer is in it will stop going up. Seems to me that is no different than the futures markets.