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10 Minute Bar Charts will return on July 15 Dow Jokes Inflatables
Archives 12/30/01, 1/1/02, 1/2/02, 1/3/02, 1/4/02, 1/7/02, 1/8/02, 1/09/02, 1/10/02, 1/11/02, 1/14/02, 1/15/02, 1/16/02, 1/17/02, 1/18/02, 1/22/02, 1/23/02, 1/24/02, 1/25/02, 1/28/02, 1/29/02, 1/30/02, 1/31/02, 2/1/02, 2/4/02, 2/5/02, 2/06/02, 2/7/02, 2/9/02, 2/11/02, 2/12/02, 2/13/02, 2/14/02, 2/16/02, 2/19/02, 2/20/02, 2/21/02, 2/23/02, 2/25/02, 2/26/02, 2/27/02, 2/28/02, 3/1/02, 3/04/02, 3/05/02, 3/06/02, 3/7/02, 3/10/02,3/11/02, 3/12/02, 3/13/02, 3/14/02, 3/15/02, 3/18/02, 3/19/02, 3/20/02, 3/21/02, 3/22/02, 3/25/02, 3/26/02, 3/28/02, 3/30/02 4/1/02, 4/2/02, 4/3/02, 4/4/02, 4/6/02, 4/8/02, 4/9/02, 4/10/02, 4/11/02, 4/13/02, 4/15/02, 4/16/02, 4/17/02, 4/18/02, 4/20/02, 4/22/02, 4/23/02,4/24/02,4/25/02, 4/26/02, 4/27/02, 4/29/02, 4/30/02 5/01/02, 5/2/02, 5/4/02, 5/6/02, 5/07/02, 5/8/02, 5/09/02, 5/10/02, 5/13/02, 5/14/02, 5/15/02, 5/16/02, 5/17/02, 5/20/02, 5/21/02, 5/22/02, 5/23/02, 5/24/02, 5/28/02, 5/29/02, 5/30/02 6/01/02, 6/3/02, 6/4/02, 6/5/02, 6/6/02, 6/7/02, 6/10/02, 6/11/02, 6/12/02, 6/13/02, 6/14/02, 6/17/02, 6/18/02, 6/19/02, 6/20/02, 6/22/02, 6/24/02, 6/25/02, 6/26/02, 6/27/02, 6/30/02
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The Anals of Stock ProctologyPublished weeknights by
8:30PM Happy Acres, Florida Time The American Academy of Stock Proctology and Dr. Stool will be traveling from June 29 to July 14. The Anals will not be regular during that time. An abbreviated version of the nightly commentary will be published when internet access is available. Doc will post a message on the Stool Pigeons Wire on days the Anals will be published. Intraday updates will not be published. Subscription Renewals are coming up! Did you subscribe nearly 90 days ago? If you want to renew, do nothing. If you subscribed via Paypal, your subscription will be renewed automatically on the 90 day anniversary and your credit card will be charged. If you want to cancel, use the button at the bottom of the page. This applies only if you subscribed through Paypal. Mailed-in subscriptions are for 1 year. If you subscribed by prior contribution, I will send you a notice before your subscription expires. If you have any questions, see the subscription page and FAQ's. If you can't find the answer, email me. From The Road (7/9/02) Bad Hair Falls Out- Here's a capsule summary of the indexes, with updated cycle summary charts. Friday's manipulation fails, and we resume the process of working lower for the next 1 to 4 weeks. Looking for a 1250ish Nas, 8550-8700 Dow, and 900ish Sphincters Index. The next 4 days have the potential to be real ugly.
Portfolio Sphincters Index (SPX) and Sentiment The 17 day rate of change, which represents the 6-7 week cycle, turned back down and is bumping along in negative territory, a sign of trending. The superimposed 6-7 week cycle oscillator (red) suggests this is a swup which began a couple weeks ago, and is about to die an ignominious death. The 10-13 week cycle oscillator (navy) upticked again. Let's just say the glove doesn't fit, and keep an eye on it. The final portion of the downleg, still looks like it is still ahead of us. The projected low ranges from 890 to 920. The 29 day rate of change remains weak. This indicator should stabilize and turn up ahead of price when the 10-13 week cycle bottoms. The VIX is now at 33.92. On the inverted scale chart, it is still in the center of the Stool Band, playing the tuba. At a major low, extreme fear readings normally persist for several days. A major buy signal will not be generated until the index drops below the blue band and then reverses. The blue channel lines are the extension of a linear
regression channel from the February and May 2001 highs. The 6 month cycle
oscillator and trading stoolicator are still drifting lower, confirming the
downtrend, in spite of the little uptick in the indicator line (blue). The short cycle oscillator
downticked and looks like it's fibrillating. The 10-13 week cycle oscillator also
downticked and the trend remains down. The low is due anywhere from 6 to
21 days from now with a target of 890 to 930 on a closing basis. Depending
on the degree of panic, the intraday low will be 50 to 75 points lower,
which means a print of 800 can't be ruled out.
The Cycle Conditions tables include cycle phase and a wild guess as to number of periods to the next turn, in days for the shortest cycles, weeks (W) or months (M) for the longer ones. This is a fluid exercise, in other words, the projections are likely to be wrong, but they force us to be vigilant for key turning points, and frequently work well enough to prevent costly misreadings. SPX Cycle Conditions as of 7/9/02
PTT - Periods Till Turn Nasgap Charts The 10-13 week cycle
oscillator and the trading stoolicator are still in downtrends. The short cycle oscillator
downticked and is ending a weak up phase. An
important intermediate low of 1250-1300 is due in 6 to 21 trading days. Nasdaq Cycle Conditions as of 7/9/02
PTT
- Periods Till Turn AM Edition Features (Previous) Long Bong Hit -Returning July 15 Suctor Watch - Returning July 15 Stoolwethers - Returning July 15 Stock O'der Day - Returning July 15 Stock O'der will resume when Doc returns from vacation. Many tanks for your excellent suggestions! Henceforth and forevermore, if you would like to request a "stock o'der", please post your request in Dear Dr. Stool. If you have not already registered for the message board, please do so. The only required info is user name and password which you choose yourself, and your email address, which you can keep private by selecting the keep private option. Doc looks forward to featuring your ideas. We've had some good ones! Uncle Buck's Illness Uncle Buck's decline looks
like it may accelerate. We don't like to use the 'c" word, but.... Returning July 15 Golden Stool The June low
was successfully tested. the dominant cycle of 3-4 months appears to be
turning up higher. Now it's time to retest the high back off a bit, then
blow the roof off. See you in Intraday Stool. Dr. Stepan N. Stool Let me know what you think on the Stool Pigeons Wire. Renewals Welcome, and thank you for subscribing to the Anals of Stock Proctology. Your trial subscription will run for 90 days. At the end of that period your subscription will renew automatically, unless you cancel. If you wish to cancel your subscription use the button below. If you want to renew your subscription do nothing. Your subscription will renew and your credit card or Paypal bank account will be charged. Again, thanks for subscribing!
Explanation of Intraday Commentary-Build charts at http://www.livecharts.com. For custom time bars insert a comma after symbol and number of minutes, e.g. compx,90. This will give you a bar chart of the Nas with 90 minutes per bar. The one day cycle is usually most clear with 8 minute bars and 26/18 stochastics. It varies from day to day. Sometimes 6 minutes works best. Experiment to find the best fit for your trading style, and the market's dominant frequency at the time. The goal here is primarily to monitor the condition of the 8 and 13 day cycles. I typically use 90 minute bars with 26/18 stochastics for the 13 day cycle proxy on the indices during regular trading hours. Other cycles use 26/18 stochastics with the following: 8 days- 60 minute bars On the 24 hour futures charts, use a time per bar approximately 3 to 4 times the above number of minutes, to represent the cycles listed above. ABBREVIATIONS: cma: centered moving average |
![[Most Recent XAU from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_nasdaq_en_2.gif)
![[Most Recent XAU from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_sp500_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
The
Dow is back near the center of its downtrend channel. Friday's phony
baloney rally has been reversed. The 8-13 day cycle
appears to be topping out a sideways up phase. The
4-5 week cycle still in a swup, but it could be nearing an end as
well. The 6-7 week cycle appears to be topping out a 6-7 week cycle swup,
while the 10-13 cycle is bottoming, but still vulnerable to another
meltdown in the final stage of the down phase. The 10-13 week may now be
as low as 8550 closing basis, depending on how the cmap is drawn, and the cycle low window is open over the next
three weeks.
. (Sorry about the bull.)
You've seen the software advertised on TV. 
