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Those StockCharts ratio charts are great, so easy to set up, and so clear. Thanks for bunching them like that.Al_Dente wrote:RELATIVE STRENGTH: Who is strong relative to spy
thanks boss, i'll try thatDaniel wrote:.............Have you considered using a setting of Thick Solid Line for ratio charts? Since it's actually the trend, and not the daily highs and lows, one cares most about with ratios...
It's partly esthetics, but it seems to me to also add clarity.Al_Dente wrote:thanks boss, i'll try thatDaniel wrote:.............Have you considered using a setting of Thick Solid Line for ratio charts? Since it's actually the trend, and not the daily highs and lows, one cares most about with ratios...
You addressed your post to Cobra - hope you don't mind my commentJunior Buffett wrote:Cobra,
I dont know if you even follow Cryptocurrencies or market.
But as a Investing Guru with solid experience, what is your take on Bitcoin and other cryptos out there? Do you think it is in Bubble as no assets or commodities ever gone this parabolic in history ever...Bitcoin has just gone from penny stocks to $ 8000...that's monstrous move, which made few thousand new millionaires.
What is boggling my mind is that people believe that Bitcoin is a digital Gold, it is end of the day is a programming codes. There are many analysts are claiming that mining a 1 bitcoin cost around $ 1000 electricity! which I dont believe as Bitcoin just last year was below $ 1000 and stayed under $ 100 for more than five years after they first introduce.
Also, if it really costing $ 1000 or more to mine one bitcoin, where are people who cares about Environment? Global Warming etc. It is basically destructive technology and should not sustained in the long run.
I surely fill pain as I am not part of this mega rally. Its not that I wasn't aware of Bitcoin when they introduced back then but never believed in the concept of digital currency and decentralization etc and I still dont...If we talk about Blockchain technology then we are up to some discussion but Bitcoin or other Altconin replacing financial monetary system and replace Gold is very hard to digest.
Thank you for taking time.
Al_Dente wrote: “Meanwhile, everyone has given up on shorting....
Hope I speak for most in saying we always appreciate your comments, on any question or subject.Shaishen wrote:. . . . .
Ah, Luigi, dats how you paint a picture! A thing of beauty.Al_Dente wrote:RELATIVE STRENGTH
Who is strongest relative to spy:
(with one change in the discretionary ratio, plus “solid lines” suggested by Daniel, thanks)
ThanksDaniel wrote:Hope I speak for most in saying we always appreciate your comments, on any question or subject.Shaishen wrote:. . . . .
--[/quote]Junior Buffett wrote:[
You addressed your post to Cobra - hope you don't mind my comment
I
Thank you for your comment. Sure, anyone can respond as sometimes it taker longer for Cobra to respond and if he is not interested, he may not even reply!
coming back to your reply, would you think that having Bitcoin future up within days, it can hit hard with shorting option?
I like ETH better just coz of variety it brings compare to Bitcoin. What other Blockchain companies you would recommend to look? are they listed on NYSE?
Thank you
The equity market on the other hand seems completely indifferent. In fact, Cobra's call for "flatness" today is perfectly on target so far.Shaishen wrote:The US$ doesn't like the fed minutes...
I didn't spend much time studying bitcoin so I don't know although by instinct I think bitcoin is crazy, it's simply another dot com game (in year 2000, as long as you have a dot com, you make huge money).Junior Buffett wrote:Cobra,
I dont know if you even follow Cryptocurrencies or market.
But as a Investing Guru with solid experience, what is your take on Bitcoin and other cryptos out there? Do you think it is in Bubble as no assets or commodities ever gone this parabolic in history ever...Bitcoin has just gone from penny stocks to $ 8000...that's monstrous move, which made few thousand new millionaires.
What is boggling my mind is that people believe that Bitcoin is a digital Gold, it is end of the day is a programming codes. There are many analysts are claiming that mining a 1 bitcoin cost around $ 1000 electricity! which I dont believe as Bitcoin just last year was below $ 1000 and stayed under $ 100 for more than five years after they first introduce.
Also, if it really costing $ 1000 or more to mine one bitcoin, where are people who cares about Environment? Global Warming etc. It is basically destructive technology and should not sustained in the long run.
I surely fill pain as I am not part of this mega rally. Its not that I wasn't aware of Bitcoin when they introduced back then but never believed in the concept of digital currency and decentralization etc and I still dont...If we talk about Blockchain technology then we are up to some discussion but Bitcoin or other Altconin replacing financial monetary system and replace Gold is very hard to digest.
Thank you for taking time.