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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (3841)2/15/2016 9:38:46 PM
From: Kirk ©1 Recommendation

Recommended By
Return to Sender

  Respond to of 26800
 
Thanks for the compliments.

If I somehow gave you the impression I don't use volume in my work, then I am sorry.

I've recorded volume and other data for some stocks I follow every day back to April 2001 to use in my model. Nearly 15 years... wow!

Anyway, I don't post much about it as my interpretation of my crunching of the data is some of my secret sauce...

If my volume model shows a turn the same time sentiment changes AND my buy or sell points for certain stocks have not been reached, then my readers might get an early buy or sell alert email to take profits before the major support and resistance levels published in the monthly newsletter.

I write about sentiment because I figured out an interesting way to present the data that many others enjoy and appreciate. More readers means more reward (we're paid a fixed fee plus pay per view from PCs but not phones and maybe not tablets...) for the effort to share and sometimes a few subscribe to my newsletter. I'm also a bit of a ham so it is fun to write something others appreciate.



To: Return to Sender who wrote (3841)2/15/2016 9:47:28 PM
From: Kirk ©2 Recommendations

Recommended By
3bar
Gottfried

  Respond to of 26800
 
One last point. This isn't true.
It's not that simple. No one hedge fund has enough money to move the entire market.
If you can move a single stock, then you are moving the market. They move it "just enough."

I understand the math for "why" but I lack the ability to explain BUT I'm 100% convinced what the HF traders are doing is "moving the market" just enough to steal trillions from individual investors.... It is very similar to harnessing the ocean waves to generate energy from the waves and eventually knocking the waves down some.

If I could have a cup of coffee with Mark Cuban, I believe I could explain it to him. Perhaps Bill Clinton would understand too (Clinton's smarter than me but I believe a different skill set.) Solving it would be simple too... The stock market should not be a race or a fleecing ground for those who know how to steal value from long term investors get rich doing so.

Simple solutions would be a 100ms randomized delay before all buy and sell orders. Another would be a return to a larger bid/ask spread or a simple transaction tax that would be a dime for most of us mere mortals but kill the advantages of HF trading.



To: Return to Sender who wrote (3841)2/16/2016 8:52:54 AM
From: 3bar1 Recommendation

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Return to Sender

  Read Replies (1) | Respond to of 26800
 
Ever hear of Tom Williams ? His look was from Volume and he was very good . For someone new to investing an insight you need and will not get anywhere else in as complete a package .

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