I have to poop out for a while. Could I impose. Agreed among yourselves to each do an assessment sheet. Volunteer to do a good one and then others will not duplicate your efforts.
Pick one and post that you are doing it. Later attachthe results to a follow up post. if all get done then that is great.
I think what he means is looking at the price levels gauge 20% movements in prices that are in a cycle of 6-8 days, then find a min of 5 of those per chart, if you find 5 or more than mark it. Skimming the graph I take as just skimming your eyes over it for those 20% movement cycles.
Hmmm. Is that 20% up for the 7s, but 20% down for the 0s, or are they not? Wouldn't it be nifty if we didn't have to guess what is meant, and so maybe Jack can be more definitive? I'd hate to do the work and then find I need to do it all over again, just applying Jack's concept of velocity to my time as well ;-). Perhaps oddidure has the understanding of exactly what the procedure is and can pitch in for Jack while Jack's catching his breath?
A point yes, I suppose sometimes in knowledge transfer something that you take for granted is not automaticly taken for granted/assumed by the people who are trying to learn from you. Jack is obviously an intelligent man and sometimes our wires get crossed from his no doubt. Not wishing to deviate from the plan, but i was going to put the stocks into Amibroker and have it look for 20% movements in the cycle periods, its taking me a while to try and gauge it on the Clearstation charts. If this is wrong then im sure I`ll be informed!
We should get dawg over here. He's one of Jack's star apprentices, and an ace trader using his strategies. Haven't seen him lately, though. Should we PM him over? I'm not writing much here, I'm just a silent "lurker" on Jack's threads - LOL. I'm getting all the stuff, though. Read through hundreds of google posts and MSN stuff, too. Keep it coming Jack - Awesome! I admire the effort you put into this, I probably couldn't find the discipline to do this everyday. You're now the last guy on ET who has something interesting to say. Best of luck, health and happiness to you! Best Compliments, ~The Scientist
Absolutely one of the points I was making earlier in the thread. This assessment is seemingly not something done with a point & click on clearstation. But there was something about the assesment worksheet in combination with clearstation. Does one have to do with the other? It's a rhetorical question at this point if no one actually knows the exact answer, so I don't expect one, except from Jack. You know me by now: "just the facts, ma'am."
I thought it was that Excel assesment sheet Jack posted for us too download? Found on page 7 of this thread. It has boxes you can fill out for 5 cycle reference dates, prices, % gain etc etc and lots of other stuff.
Hi Jack, I would like to participate in this. LIST 1 (bottom up) LAVA, ENDP, AVID, PSUN, HELE, ERES, ASKJ, ESI, DRIV, NFLX LIST 2 (top/gainers) NWRE, ELBO, MRVL, SGMA, SLAB, POWI, OVTI, MATK, ATRS, LEXR LIST 3 (bottom continued) SINA, FDRY, UTSI, APPX, NTES, ODSY, KYPH, SOHV, LEND, YHOO Looking forward to it. Thanks, gotta_trade
dawg don't do stock, you need david http://elitetrader.com/vb/member.php?s=&action=getinfo&userid=15652