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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (10503)4/10/1999 6:58:00 AM
From: accountclosed  Respond to of 99985
 
Interesting post, thanks Gersh. The troop movements that you suggest as not getting coverage is disturbing. I think intc's release, but particularly forward looking statements/conference call may also weigh heavily next week.

Ahhaha's physics approach was interesting to me, too. Maybe I was slow on the uptake, but I didn't see that in his posting until I started putting questions in front of him.



To: Gersh Avery who wrote (10503)4/10/1999 7:24:00 AM
From: accountclosed  Read Replies (1) | Respond to of 99985
 
I would venture to guess that alternate methods of TA would be much more successful these days than the more traditional methods. When everyone has the same tool, it negates the value of the tool. In addition, I believe that traditional chart formations are being used to pick traders pockets. Vitas asks how do they fish the stops .. I think that "they" set up the charts in such a manor as to cause the most stops to be set at pre determined locations in preparation for fishing the stops.

I don't disagree with this. But a question back to you. Who is fishing the folks fishing the stops? Isn't there always a meta-analysis? And does this chain of meta-s go out linearly or does it loop back into itself? How to know whether one is hunting or hunted...



To: Gersh Avery who wrote (10503)4/10/1999 1:19:00 PM
From: Casaubon  Respond to of 99985
 
Your comment about everyone using the same TA tools and thus influencing the stocks which get traded is right on the money, IMO. So, what I'm doing is using some very strict criteria for things that come up in P&F searches and candle searches. It's all about getting back to fundamentals, which I believe has gotten left in the dust. The results will be most beneficial in the event of a market turndown, because, sound stocks that are finally ready to move up in this stealth bear market, will be least impacted by a market downturn (again, IMO). Also, I think it is wise to pay for a little insurance, with puts, or play it safe by selling calls. Yup, I'm not going to make 200%, but I'm not losing my money either.



To: Gersh Avery who wrote (10503)4/10/1999 3:45:00 PM
From: marcher  Read Replies (1) | Respond to of 99985
 
>>I would venture to guess that alternate methods of TA would be much more successful these days than the more traditional methods. When everyone has the same tool, it negates the value of the tool. In addition, I believe that traditional chart formations are being used to pick traders pockets.<<

Gersh, I wonder about this also. Chaos theory comes to mind. Does anyone care to comment on chaos theory and market analysis? Has anyone used chaos theory for trading? (boy, that's a loaded question-g-)

This is a college student's paper on chaos theory and stocks:
www-chaos.umd.edu

Here's a mutual fund that uses chaos theory:
magnumfund.com

Has anyone read Chaos and Order in Capital Markets by Peters?

Antoine, your conversation with ahhaha is one I saved--very interesting. Thanks for engaging him. I doubt that your respectful tone encouraged his silence. Maybe has more to do with the beating ABX has taken.

--Marc