Spike's Scientific Stock Analysis

[spikefader]

...there's no double top. On TYX the 1999 high was 6.73% and the 2003 high was 5.495%....

Be a little more flexible dude. The rule with double tops is the prices have to be 'roughly equal'. Patterns are relative to the volatility that surrounds the price action. I'm happy calling a double top. I don't insist you have to think so, and you really should consider adding the words "in my opinion" to your criticisms.

[mimo_100]

Guys, for starters, there's no double top. On TYX the 1999 high was 6.73% and the 2003 high was 5.495%. Secondly, the descending triangle forecasts lower rates, not higher rates.

TYX is the symbol for the 30 year bond Yield. (see $TYX at stockcharts.com).

TNX is the symbol for the 10 year note Yield. (see $TNX at stockcharts.com).

The discussion is about the Price of the 10 year bond, not the yield.

[RL]

Spike can you post your rules for the Creme of The Crop I can not locate them as always thanks much

Guys, for starters, there's no double top. On TYX the 1999 high was 6.73% and the 2003 high was 5.495%. Secondly, the descending triangle forecasts lower rates, not higher rates.

[New-born baby]

The US Interest Rates

<< 1. That descending triangle on the 10 yr treasury note says that interest is headed to 8+% should that triangle break to the downside >>

An 8% interest rate or an 8% gain?

8% interest rate for US prime rate. The 10 yr. note sets the tone for US interest rates.

<< 1. That descending triangle on the 10 yr treasury note says that interest is headed to 8+% should that triangle break to the downside >>

An 8% interest rate or an 8% gain?

[New-born baby]

Mystery Chart Of The Week!

$pike:
1. That descending triangle on the 10 yr treasury note says that interest is headed to 8+% should that triangle break to the downside . . . .
A $725 NOV put option at the 105 strike would mean that you make $30,000 should the notes fall to 102 . . . . If it doesn't fall, it means you lose $725 per contract

2. Now down to business! Here's a mystery chart. What seest thou, O $pikefader? Make you call! I think the $pikefader makes $$ off of this one. [I could be wrong ]

http://img117.imageshack.us/img117/9334/chart17kf.gif

Any other guru is welcome to comment on this one, too. I don't think $pike minds the bandwidth usage.


'(

[spikefader]

Here ya go NB, yup, that sure is descending.

[Adam]

I dont know? Throw in some more squiggly lines and it might be a FEAR CHART!...lol...

Really though, NBB, I'd like to see where we are.

[spikefader]

Mildred! $pike! How about you two looking over this chart of the 10 yr. treasury note and giving me an opinion?

The descending triangle--the double bottom---is going to breakout one way or another. Whatdayathing, Mildred?

http://www.futuresource.com/charts/charts.jsp?s=TY&o=&a=D&z=800x550&d=medium&b=bar&st

And when you hit the link, be sure to also click on the monthly link. THAT, Mildred, is a descending triangle . . . .

$pike, do you trade treasuries? Any advice . . . ? (Besides, "Don't do it!")

Here's the obvious stuff I'm seeing on the shorter time frame. Let me check the monthly now.... and no, don't trade treasuries so can't help sorry.

[New-born baby]

Descending Triangle

The triangle is a triangle until it isn't lol

Mildred! $pike! How about you two looking over this chart of the 10 yr. treasury note and giving me an opinion?

The descending triangle--the double bottom---is going to breakout one way or another. Whatdayathing, Mildred?

http://www.futuresource.com/charts/charts.jsp?s=TY&o=&a=D&z=800x550&d=medium&b=bar&st

And when you hit the link, be sure to also click on the monthly link. THAT, Mildred, is a descending triangle . . . .

$pike, do you trade treasuries? Any advice . . . ? (Besides, "Don't do it!")

[spikefader]

YM another push. Stalkin......

[spikefader]

The triangle is a triangle until it isn't lol

[New-born baby]

Uh oh Mildred!

There's a bullish divergence on USG.

Looks too hot now, doesn't it? Mildred, hold the shorts!

There's a bullish divergence on USG.