www.minyanville.com/articles/gold-T-mr/index/a/15012
Special Update: Mr T Gold Indicator Forms Rare Double Sell Signal In a stunning development, the Minyanville Mr T Gold Indicator has formed a rare double sell signal on the chart. The first signal was generated when Mr T began appearing in a national television spot for the World of Warcraft video game. See the YouTube clip below: The second signal, formerly called the Hindenberg Omen until we realized there was another indicator already called the Hindenberg Omen, is now known as a Romney Retracement Parable.
the following exchange between Republican presidential candidate Mitt Romney and CNN's Wolf Blitzer: Wolf Blitzer: "Mike Huckabee has, in his corner, Chuck Norris, the TV action hero. Barack Obama has invited Oprah to come campaign for him in Iowa next week. But I am going to put up on the screen your secret weapon, because we were just introduced to your grandson, Parker Romney, who is 18 months old. He looks like he's a good guy to have in your corner, a sweet little boy. Blitzer: "So, I take it you would rather have Parker Romney than Oprah or Chuck Norris." Romney: "That is true, although my son yesterday suggested that I see if I could sign up Mr T" About the Mr T Gold Indicator * What is the Mr T Gold Indicator? The Mr T Gold Indicator is a proprietary technical indicator created by Minyanville to identify and anticipate prospective exhaustion points in the price data for gold. Some technical indicators rely on formulas applied to the price data of a security, but these types of indicators can be very subjective, requiring an analyst to view the signals that are generated within the context of still more indicators! The Mr T Gold indicator, on the other hand, is completely objective and easy to use. All you have to do is look at Mr T What could be easier than that? Just kidding (although it would be cool if that really was the Mr T Gold Indicator formula). The truth, however, is the Mr T Gold Indicator is simply based on the appearance and popularity of Mr T Minyanville has discovered that over the years Mr T's appearance and popularity is simply a subconscious reminder telling us when the yellow metal has reached an important price peak. not a specific fool, mind you, but just pitying the fool in general; The reason Mr T pities the fool is because Mr T knows his gold. In fact, Mr T developed his gold-wearing ability during his days as a bouncer, confiscating the gold jewelry of those he kicked out of nightclubs as a symbol of his toughness and virility. Some pinhead precious metals analyst at Bigwig, Doofus and Booyah Securities? You're going to believe a guy whose first name is "Mister", middle name is "period", and whose last name is "T"! Mr T Gold Indicator in Action (1982 - 1994) At this point you are probably thinking, "Quit your jibba jabba."
Wikipedia (the free, somewhat accurate encyclopedia that anyone can edit, even that guy who works in your building with the weird comb-over and Charlie's Angels lunch box... Let's take a look at the historical accuracy of the Mr T Gold Indicator. Gold 1981 -1994 Mr T Gold Indicator in Action (1995 - Present) Gold 1995 - 2005 A Fractal-Based Look at the Mr T Gold Indicator As you can see, the Mr T Gold Indicator is a robust tool for identifying high-probability price exhaustion points in gold, both on the upside and the downside. In the above charts we took a long-term view of gold, using the Mr T Gold Indicator to identify price exhaustion points on a long-term monthly chart.
But what about weekly, daily, even hourly and minute-by-minute charts? Naturally, it stands to reason that if the Mr T Gold Indicator is indeed a robust price exhaustion tool then it should apply to smaller time frames of gold price data. That is, because the gold market is a self-organizing complex system with self-similarity on different time scales, the Mr T Gold Indicator should be just as useful in these self-similar and subdivided minute time frames as it is on a larger scale. As you can see from the chart below, on February 22, 1983, gold opened very strong as the opening title sequence to the A-Team television show rolled.
Bad Day at Black Rock", (see A on the chart below) Mr T's character, Sgt. About 15 minutes after the first commercial break (see B on the chart below) gold began a brief rebound as The A-Team found medical attention for BA from a small-town doctor. However, in the next few minutes, it became clear the small-town doctor suspected BA may be part of a biker gang returning to rescue their jailed leader. Gold collapsed intra-day (see C on the chart below) as the doctor warned the local sheriff of his suspicions. But about 22 minutes later (See D on the chart below) Hannibal was able to convince the sheriff that BA was one of the good guys. Gold rebounded by the end of the episode as BA recovered and the A-Team helped the sheriff protect the town. Gold, five-minute intra-day chart, February 22, 1983 For more, watch as Hoofy and Boo report on the Mr T Gold Indicator and have an unexpected guest!
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Prior to joining Minyanville, Kevin spent more than five years as an analyst with Dorsey, Wright & Associates where he contributed to and edited the firm's daily research. Mr Depew may trade securities that are discussed on the site, both before and after the articles are published and/or may have a position in such securities. Mr Depew will indicate whether he, individually, or Todd Harrison has a position in stocks or other securities in any of the companies he discusses in an article but will not disclose the direction of the position. He will not disclose his or Mr Harrison's ownership of any securities issued by companies that are not discussed in an article. The disclosures will be accurate as of the time of publication of an article and may change thereafter. The information on this website solely reflects an analysis of market trends or conditions by Mr Depew or any guest writer, and nothing contained in this article or on this website should be interpreted as or deemed to be a recommendation to any investor or category of investors to purchase, sell or hold any security. Any investment decisions must in all cases be made by the reader or by his or her investment adviser. Mr Depew will not respond to requests for investment advice. Nothing contained on this website is intended as a solicitation for business of any kind or for investment. The views expressed on this website are solely those of the writers whose articles appear on this site and do not necessarily reflect the views of the Todd Harrison or of any other person except where expressly indicated. Copyright 2007 Minyanville Publishing and Multimedia, LLC.
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