GEEEEEEEEEZZZZZ!!!!
As an extension to the Academy, may I present an IM conversation with Mr. Schuler...Part I:
RSchuler1: Evening Doug!
Tiric: Russ, you're up late!!! Hello!
RSchuler1: Yeah. Had a busy day organizing at home and.... lots a stuff.
RSchuler1: I am trying to do a test run on the Investor Insight/Parity routine I will be following...
Tiric: Is there anything you need?
Tiric: P is about 300 stocks I think.
RSchuler1: hehe.. Funny you mention that. After I went through the list and grabbed the 'P's, I saw that I have 360
RSchuler1: ...I may have added some I didn't mean to though
RSchuler1: Since I can't connect to Investor Insight (some problem accessing their online server), I figured I try to d/l some data on a couple stocks for Parity so I can learn that process
Tiric: Historical Quotes (USA)
Tiric: Put that in your Favorite Places
RSchuler1: Thanks. I just marked it
Tiric: Use "Custom..."
RSchuler1: ok
RSchuler1: I wanted to say hi and I am very glad that we all got together like we did. Great idea!
RSchuler1: ..I did also want to mention that P's had 300+, but you already knew that... :)
Tiric: If we can all work together, the best stocks will be easy pickin's
Always use 1/1/87 as the from date.
RSchuler1: why that date?
Tiric: It's easier to type in than 1/2/87
RSchuler1: :) ok....
Tiric: That's the farthest back AOL goes with their data.
RSchuler1: ok...I'll get this ball rolling here. Talk to you soon Doug.
RSchuler1: ok. Thanks
Tiric: Ok. Have fun (yeah right, he says...)
RSchuler1: ...Actually, I'm very eager to get started, but feel like technology is inhibiting me! (investor Insight)
Tiric: II is one of the most user freindly aps that you can find. Parity is the one that is a bit daunting.
Tiric: Do you need the data conversion thingee; ASCIIconvert?
RSchuler1: I could tell from observing you that once you get used to it, you can really start rockin'. I just have to figure it out first.
RSchuler1: nope. I got it.
Tiric: Ok, great.
RSchuler1: I need to convert what I d/l from AOL, right?
Tiric: Yes.
RSchuler1: ok.. I'm on my way
Tiric: Alrightee. Get us an IL breaker for Wed.
RSchuler1: ...THAT was funny. You guys are too much!
Tiric: I suppose there are moments. LOL
RSchuler1: Got time for another ?
Tiric: Ok.
RSchuler1: Great. I d/l BOSCF and loaded it into Parity. I only seem to have volume info for the first 2 months
RSchuler1: Did I d/l or import it incorrectly?
Tiric: Let me check what I have.
RSchuler1: ok
Tiric: The volume was so high in the first couple months that it was so proportionately greater than any subsequent volume that it doesn't appear as a result of the scaling.
RSchuler1: ohhh.. Even when I zoom WAY in, I still don't see any volume. Is that just how Parity works?
Tiric: Go back to "Groups" then to "Load A Security", then to "Temp Text" and choose a "first record" of 70 and click on OK.
RSchuler1: alright..be right back
RSchuler1: Yup. That did it. That's kinda wierd
Tiric: What you did was remove the volume scaling used in the first few months. That brought the scaling to a level that gave the current volume more visibility.
RSchuler1: ok...I'll keep an eye out for that in the future
RSchuler1: MIMBO review: Once the uptrend begins, we said that the uptrend point B must be above the last downtrend point A. Does that have to happen in ONE day?
RSchuler1: Using daily HIGH (not close)
Tiric: It can be a double bottom or a "block" of bottoms.
Tiric: Use a downtrend line that goes from the alltime intraday high across the intraday high on 10/16 as the current "major downtrend line".
RSchuler1: The "major DL" is always to two highest all-time prices, right?
RSchuler1: Whoops! What the heck am I saying! I mean the AT-high and the beginning of the downtrend high |
