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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (8399)6/1/2001 5:26:10 PM
From: Paul Shread  Respond to of 52237
 
Great stuff, Don. Many thanks. <eom>



To: donald sew who wrote (8399)6/1/2001 5:28:14 PM
From: donald sew  Respond to of 52237
 
Concerning the study on how MONDAY will move, I could make that study more viable if I had 32 FRIDAYS which was either UP or DOWN, rather than just 25. Since I now have a headache and am crossed eyed, someone else can take it further.

Seeya



To: donald sew who wrote (8399)6/2/2001 9:00:22 AM
From: Trading Machine  Respond to of 52237
 
VERY nice work Don, Thanks! BTW

When you get a headache from doing this, what is the probability that you will:

A Be grouchy,or
B Go eat dumplings? gggggg

Seriously, this is the kind of thing that makes us all better traders. I have to admit that I have been too lazy to go do the work, so thank you. Maybe I should go eat some dumplings. ggg

CU
Paul Kellam



To: donald sew who wrote (8399)6/2/2001 10:49:57 AM
From: Trumptown  Respond to of 52237
 
Interesting...the only 'nit' is that 20 points today is more than twice the percentage it was a year or so ago...so, using +/- 1% across the board may paint a different picture...

SR



To: donald sew who wrote (8399)6/2/2001 9:21:38 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 52237
 
Donald re If anyone wants to argue that it is not viable for some subjective reason, be my guess and take it further since my eyes were getting crossed and I was getting a headache.ggggg
:-) Well I can't argue with it however the time frame is generally in a "down trend," which could make "more" viable that Mon has greater chance of going up if Friday is up. I would have to go back and check an "up trend"
to confirm that; my eyes aren't crossed , and I don't have a head ache , I'm just to dam tired to do it.
--------------------
My garden is doing good..& I haven't been trading very much lately.

My Mo Mo still works on "very short" term swings but it's a pain in the arse as you can't take your eye
off it and I have other things I want to do in my old age.

I'm still of the mind that "mostly" cash is king..it lets me "scalp" by diving in when things look set for
a move. Being I never found a system that does what I want in respect to "position trading" I have
gone to using a Hybrid; I don't get serious about even looking for a trade until we have 4 up days
in a row; or 3 continuous down days.

I miss a lot of trades that way but it ups my odds of slipping in and out with a good scalp.
the 4 up or 3 down is not always a trade however it gets my attention level going.
----------------
I went long uopix last Wednesday @ 10.39 looking to close Monday "if" it's up again.
Jim



To: donald sew who wrote (8399)6/3/2001 7:39:18 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 52237
 
Donald.. as always I think you are the best in that you leave opinion out of your analysis.. Nothing prevents a trader from accepting what a chart is telling him more than OPINION..

I think you can blame the high follow through on the likelihood that Joe Investor usually does his studies on weekends and has little control over his emotions.. therefore tends to trade in the direction of the day he remembers.. Friday..

Thanks..

Rashid



To: donald sew who wrote (8399)6/4/2001 7:31:16 AM
From: YxY  Read Replies (1) | Respond to of 52237
 
That is interesting but does this result come from a correlation between friday and monday action as you suggest (I would not be surprised if this turns out to be true) or the fact that we had trending market both up and down ? One possibility to figure this out would be to test the correlation between two other consecutive day (like monday and Tuesday) with no holiday between them and see if the results are different.