Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Da_cheifs vomitorium -- Ignore unavailable to you. Want to Upgrade?

To: Mongo2116 who wrote (7066)	8/13/2023 11:24:35 AM
From: #Breeze	5 Recommendations Recommended By Mongo2116 rdkflorida2 rogermci® toccodolce Winfastorlose Respond to of 7553

Mongo, PS is easily triggered. He needs to earmark a portion of today's Sunday collections and buy this book by Edwards & Magee. "Technical Analysis of Stock Trends was the first book to produce a methodology for interpreting the predictable behavior of investors and markets." He'll learn there is more to charting markets than just EW. I wonder if he mastered mathematics in school. Else he would have studied and mastered the complexity of computing the value of the daily CLX and added it to his TA studies. I developed an Excel Spreadsheet with 30 tabs (one for each Dow Component) with macros to compute the CLX value for each component and that summed them all for the daily CLX value. Computing the component CLX value is a complex formula. And Cheif does it by hand every day. PS criticizes a TA study without understanding or researching its value (the CLX moving averages). Breeze I just read the PS post you reference. I'll also point out he can't write a cogent argument. But he has mastered the use of ad hominem gibberish.