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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (13569)2/29/2000 11:25:00 AM
From: Jack of All Trades  Read Replies (1) | Respond to of 42523
 
hb,

thanks for the feed back on ewave... Important support hereon spoo @1360...

EDIT here is some bear food... jerryfavors.com



To: pater tenebrarum who wrote (13569)2/29/2000 11:40:00 AM
From: Lucretius  Read Replies (1) | Respond to of 42523
 
i see no put buying at all...



To: pater tenebrarum who wrote (13569)2/29/2000 11:59:00 AM
From: Oblomov  Read Replies (1) | Respond to of 42523
 
Heinz, looks like we both underestimated the degree of Palm euphoria:

finance.yahoo.com

I got out in the low 80s...

On e-waves: My own view is that it is pseudoscience. There are certainly recurring patterns in price behavior, but they do not occur with a Fibonacci regularity. Perhaps e-wave analysis worked in earlier markets, before the universal dissemination of charting tools. The easily identifiable patterns are now exploited immediately, before they can fully form. The ones that are more difficult to ferret out are done so at some highly quantitative institutions who have enormous computing power and a staff of brilliant people (I'm thinking not of LTCM, but of Citadel Capital, etc.) This is not to say that prediction cannot be done, just that it has become an NP-hard computing task... Due to this, I do not try to predict. I merely analyze the market using a statespace model to infer market stability. I try not to use the work 'risk', since an unstable market can move up as well as down.