Stock Attack -- A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James C. Mc Gowan who wrote (14230)	8/7/1998 6:20:00 PM
From: nycnpbbkr	Read Replies (2) of 42787

Your brain can crunch many more indictors exponentially faster than any possible computer generated TA. A grandmaster chess player still regularly beats the best computers because how he focuses his thoughts. A computer can do umpteen million calculations a second, but the brain eliminates umpteen million calculations and focuses on the only few real good moves. This should make sence to TA guys because they know that their indicators are good, just weighting the properly is the hard part. Back in the 1980ies up or down 50 was a good spot to reverse the markets movement. In other words if the market was down 50 you would buy calls because the collars came on and it would be "easiler" (very important word,1 % edge wins ask casinos) for the market to move up as opposed to down. Now the number seems to be 100. This morning I wasn't really sure what the market would do but I was very sure that sometime in the day you would see the, "I'm not holding my stock over the weekend scare". I entered my puts based on the dow being up 100 on a Friday, the exit was based on a 4 digit negative tick. My brain simplified the math.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next