Guys I think I have figured Jack out. Jack is suffering from a sympton called "flight of ideas".... A symptom of mania that involves a rapid shift in conversation from one subject to another with only superficial associative connections. A nearly continuous flow of accelerated speech with abrupt changes from one topic to another, usually based on understandable associations, distracting stimuli, or playing on words. When severe, however, this may lead to disorganized and incoherent speech. Flight of ideas is characteristic of manic episodes, but it may occur also in organic mental disorders, schizophrenia, other psychoses, and, rarely, acute reactions to stress. --MIKE
Perhaps this is what TM_Direct was getting at: 08-06-03 03:14 PM Ive given jack/bubba a hard time but honestly when he takes the time to actually pay attention to what he is writing he is pretty good reading....I think he has random thoughts in the middle of sentences and omits words here and there and it gets muddled....but when he uses spell check and re reads his posts he's actually pretty good.....a hershey example: WHAT JACK SAID: " we have a break out occurring right now if you look at the, Peanut butter and jelly is the source for the indications on the money flow of the three streams, but i need coffee to better, ok your flying the plane but there is nobody on board buddy" WHAT JACK MEANT: " NASDAQ is breaking out and i need a sandwich because my sugar level is low, I think mr. market is a fraud and if i had hot coffee i'd throw it in TM_Direct's face"
Excuse my lack of understand, but can someone please explain how we know what the DU is? I know what it stands for, but what is it? How do we come up with that particular number or range of the DU to know if it was exceeded? How do you know what the DU is for the individual stock? Thanks, gotta_trade
This is the purpose of the thread. We will get a 4 stock portfolio running and then a PnL to show how either trading it while doing a job or trading it while watching the 30 min differs, if it does. We need to do a couple of Daily RR's too to get into the grove. I will scan a pencilled one after this evening's review.
Attached is a sheet that I will print five times. I will pencil in the rest of the data on this sheet in the evening Mon thru Thurs. Next you will get a scnned sheet pencilled in. (A sample) the sheet after that will finish the work for this evening.
You can see two days and two different people's comments. the list is done is any order with the symbols. Probably as shown on the bulk. I have he bulk printout on the thee days too because the person just printed in color and marked up the clearstation printout. going across he sheets: Name is the symbol. The score components are listed in binary. Then the hindu arabic score is done. You can see change in one day. The fast way to do volume is to just check it. for now you can circle the value I gave you for our hot list. Formations are important. These are EOD. or 30 min (your call) and they aere the same. Trend will be indicator signals and also formation signals. These two columns will bug you. Formations is price only stuff and trends is indicator stuff. their combination is a terrific combo for knowing the way to make money. Behind this are the multiday sequences that unfold. All of this stuff separates you from the level others operate on. Buy date is there for ref you see a summer slowsituation. Three years later the US is in a new place. Now the markets are "jumpy"; it is a world that is not going to get better, ever. So that's the way it goes. You have a peak date from what you know from the assessment sheet. Watch for is what you anticipate. Action is the instruction you give yourself for tomorrow. stops are on the right margin. the offset is there as small number and the other number is the value. You carry stuff forward. 95 when to 97; 52.5 went to 53.5; stayed flat, etc. You see a time stamp. On the 07AUG00 it is on the back. At the top of the sheet you see check offs and date places and the categories of lists. For ET, what I am suggesting is weird and out of the box. This is some of the stuff that makes me a fraud. What you get by knowing what you are doing is called rewards. It is hard to explain to ET members. Filling out a sheet of paper to keep track of stocks worth money is an actual necessity. You do not see postings of this stuff in other threads and it makes me look like a fraud apparently. My intention is to encourage people to get rich. I keep this page open as I follow the market on the 30 min charts. I have quote sheets on the CRT that have data accumulating. If anyone pencils in the hot sheet, then we can glance at it.