No, the Dow hasn't passed 10,889. I suffered a brief brain malfunction. But it's still not at a typical correction level. Because the Dow really...
In EW terms last spring's low was the beginning of Wave 3 of an impulse wave from the Oct. 02 low. The third wave is supposedly never the...
All of us clever economists know that employment statistics are a trailing indicator with very considerable lag. Today's numbers (which will be...
As a matter if interest Elliott Wave Theory would place the OEX near the top of Wave 3 of an impulse wave starting at the 384.96 low, with a...
Elliott was both an accountant and a numerologist? Even so, the fact that Benoit Mandelbrot appears independently to have reached conclusions...
I'm glad you made money. On the other hand, simply buying CAT back on July 23 and holding it till Jan 5/04 produced a profit of 20.31 from close...
The geometry seems likely to take LOUD above 2.85 before it corrects. The correction could then bottom at 2.12 to 2.25. Does this agree with your...
Reversing wouldn't work for me. Before I enter a (swing) trade I need to see (a) proof that prices are trending (b) recent support or resistance...
I'm satisfied that randomness and independence in S&P trading are figments of Paul Samuelsohn's learned imagination. Clearly the price action of...
The system reprted the first one had failed. Second one is better written anyway... :)
Doesn't look overbought to me. Peaks are still within 2 sigmas from the mean. Lots of momentum and only mild divergence in the MACD - my...
The Doji isn't so strong a downturn warning, at least not in itself. A Harami line would mean more, with the star within the range of the previous...
Ouch! hard to place any kind of butterfly with that spread! But the volatility is good. Maybe leg into a diagonal calendar spread...?
I don't think so. The intraday (60 min) price action seems to point to a high somewhat over $4.75 before it corrects. Present momentum precludes...
Agreed. And again the most cursory analysis disproves the notion of a Martingale (EMH) process. My point about Brownian noise embodies the same...
Harrytrader is right. Empirical study of the markets quickly discredits all of the EM hypotheses: weak, semistrong and strong. It is rare, if not...
This is nice work! This method exploits trend and volatility with minimal risk. Very nice! Provided of course that you can keep the cost of the...
That would be a useful indicator! Theoretically it's possible but I haven't heard of anyone offering it as a study.
This is not easy. Volatility, momentum and time frame are the constituent factors, I think, but no one study or indicator combines them all....
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