The short term technical profile of the stock when it hits the high that's used is....how can I say....overcooked
Technical profile....not chart profile. Your comment showed that you do not have a propensity toward actually understanding what is said to you before you act on any info. ______________________________________________
Your chart with the MA/"MLR" is wrong. You have a simple linear regression line not a MOVING linear regression line. I explained that it was a MOVING LR. Once again, acting before understanding. ____________________________________________________ BW and they have about that much real application :-) Oh by the way there is an 80% chance it will rain , if the rest of the front moves the way I think it will. If not it will be very dry. CRDoug
Simple rudeness Other posts made had only rudeness as their intent... _________________________________________________
That's not what you told Rainmaker. Yesterday, he asked you to "elaborate a bit on the 'conditions' and the modeled output (ie. where do you see PAIR's price in timeframe X?)"
You replied: "It's purely a charting technique with no technical criteria (ie MAs, MACD, stochastics, RSI, regression stuff, momentum factors, etc)." Your answer may have applied only to the break of your IL line, but if that's the case, then you didn't answer his question.
Today you reverse course again. It's not purely a charting technique, it requires lots of instruction. Oh, brother!
It is purely a charting technique. Any reference I made to the technical considerations concerning PAIR were completely separate from the IL stuff. If you actually look at the 2 charts (GTNR and PAIR) I gave as examples (you asked for another example and I gave you one...) you will see the method is EXACTLY the same for both. There's more info in those two examples than you're likely to find about charting technique anywhere on SI. You're just too stilted to allow yourself to get it. The timeframe is different for every stock. It's the price in relation to the lines that gives you the timeframe as the model progresses. _______________________________________________
These are just a few examples of why I will no longer post here. This post is my formal resignation as "Oracle" (more childish crap on that one too). Doug R |