Kind Words from Terry Laundry, Founder of T Theory

"Parker has sent me what I consider to be the most important refinements to T Theory I have ever received from anyone in an e-mail . . . which he calls Tweaking the 13th Advance Decline T." September 29, 2010

"Parker has sent me a very interesting concept which is the NY Advance Decline line divided by the put-call ratio . . . What he's done is introduce the idea of sentiment." September 15, 2010

"Parker discovered the Money Flow Ts . . . This is something like the Holy Grail in T Theory. You are always looking for something that will help you refine the peak date." October 17, 201

"Money Flow Ts are probably the greatest new thing I have seen in 20 years in terms of time symmetries."
December 5, 2010.

Friday, October 15, 2010

$$ Interesting Fractal: QQQQ 2000 vs. SPY Today

Compare the chart pattern of the NASDAQ in 2000 to the chart pattern of the S&P today:






















Note the flash crash analog in the Qs in early April of 2000.  The price behavior in the months after each flash crash episode is eerily similar.  Of course, we all remember what happened to the NASDAQ beginning in September of 2000:










Hat tip to Slope of Hope for the idea to compare these 2 charts. 

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