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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: Jack Jagernauth who wrote (17654)12/31/2001 12:11:10 AM
From: LemonHead  Read Replies (2) | Respond to of 18932
 
Hi Jack, Just read the last Chapter in the new released 4th addition of "How to Make $1,000,000 In the Stock Market Automatically!" by Robert Lichello.

Let me 1st say that I'm not 100% convinced that he wrote all of this... He may have left the shoes and others put a final shine on them. But I'll leave that for others to decide.

I decided to start at the back and read forward. Here are some excerpts from Chapter 18 "The Aim-Hi Ark and Coming Storm":

[Snip]
No doubt the 19th-century back-to-nature guru Henry David Thoreau would have characterized the computer as "improved means toward unimproved ends."

Blaise Pascal, the 17th century French philosopher wrote: "All the troubles of man come from his not knowing how to sit still."

Heavyweight boxing champion Mike Tyson made the most astute observation of "the plan." Said Iron Mike: "Everybody has a plan until they get hit." And that, it seems to me, should be held up as the final test of whether the "plan" -any plan-proves valid: can it take a hit and keep on plodding forward? What do you prove by strutting in the sunshine?


Well there you go, how does Blaise Pascal feel about being quoted in front of Mike Tyson? Socal it is now time for you to chime in!!!

This next one is a classic...

And in my dreams, as the new year 2001 crept toward me, I found myself on the slope of a myst-shrouded mountain. "How do I get to the summit?" I asked a hooded figure (TV) sitting cross-legged nearby with an Irish Beer in his hand.

"It is written," he said. "Put one foot in front of the other and repeat as necessary."


Can you believe his last words of Wisdom were to walk before you run....

Life is a Bitch before you Die.

Keith



To: Jack Jagernauth who wrote (17654)12/31/2001 7:12:55 AM
From: mystifier4  Read Replies (1) | Respond to of 18932
 
Hi Jack,

PC is adjusted every updating period. So if price is in an uptrend (over the 13 period ema) then 1% of PC is added to PC. If price is in a downtrend (below the 13 day ema) then 1% of PC is subtracted from PC.

The reason for this adjustment is the same as the SAFE adjustment. It allows one to buy less shares in a downtrend, and sell less shares in an uptrend. That way, your trades are more tuned to the trend, and you always want to trade with the trend.

Buy SAFE is 16% in a downtrend and 0% in an uptrend.
Sell SAFE is also 16% in a downtrend and 0% in an uptrend.

Although it is very rare that a buy occurs in an uptrend and a sell occurs in a downtrend, though it is possible.

Myst