RS and EPS Rank come into play when using the Stocktables.com web site to initiate the culling process. When one chooses, instead, to cull the entire stock market (as you have done), one simply looks for stocks which fit all other fundamental culling parameters (except EPS and RS Rank). - Spydertrader
The thought occurred to me that perhaps I sounded a bit (or possibly a lot) pompous with my last post (or so) concerning negativity and punishment but let me assure anyone who might be thinking so, that such is not so. I have been through the âpunishmentâ thing as a trader (itâs well-described in the literature) and notice that there are a number of folks who seem to be going through such a phase (my impression only â as always the possibility exists that I am completely wrong). Be careful trading if youâre feeling like this because you are more likely to lose (that's what I did when in "flagellant mode"). On a different note, Richard Feynman, the Noble laureate in physics for his work on quantum electrodynamics, says that scientists must be sceptics. I like Feynman if only because he told the National Academy of Science to piss off when they asked him to become a member. âEpuletsâ, he said. âI donât need epuletsâ. Right on. We are who we are, not what we do (I believe thatâs what Popeye says). The most useful thing I did recently was to just feggedaboud my prior professional endeavours and try something new. Science is rigour and the most important thing, IMO, that a real scientist does is to try and destroy that which he has just constructed or which has been constructed by others before him. If he fails to bring it down, for him at least, the theory being examined will gain credibility. But creative destruction must be exactly that. Unless you have something better to offer, then puleeez, STFU. Thatâs why the B-team failed â miserably I might add. It is important to appreciate that oneâs âofferingâ is just that. It is not the new paradigm. It is at best a suggestion. However if the raw data cannot refute it then it deserves further consideration â not acceptance, just consideration. Donât dump current dogma unless the new bit proves itself but do not fail to question dogma. Do some of your own âmarket experimentsâ. No (= zero) backtesting is allowed. All experiments must be done prospectively (thatâs how basic science is done). Of course you look at the âpast literatureâ but you use it to develop your new and startling theory, which you test and try very hard to destroy, prospectively. Itâs great fun and it drives the B-team nuts (heh, heh). In closing, a question for PointOne and Spyder about the 1,2,3 and 1,2,4 odd/even harmonic thingy. Is it conceivable that shorting/buying up your short vs selling a long/buying a new long could be manifesting itself in the different A/D frequency? The effect on the bid/ask liquidity should be the same but the MM or specialist knows the price and the volume of the short. There are other things like where one will see these different actions in a channel and as well at other local "prices of interest" for various fractals. Jack probably has a dissertation on this somewhere but I haven't come across it yet. lj
As Spydertrader showed a few days ago, even a Bernanke spike stops at the RTL. So, although it's probably good to know that a significant announcement is scheduled, most of them should be read through the regular MADA. The important annoucements will follow a CCC, and you know how to trade it, or stay it out.
True enough, perhaps some context should have accompanied the link(s) for added purpose and clarity; BTW. Thanks for the global link Wallace
Yes. Thank you Wallace. Here's a freebie from "Barron's" which might be useful. You sometimes need to click "Todays' Calendar" to get the current week. http://online.barrons.com/public/page/barrons_econoday.html lj
yes, I also use the econoday calendar and they do have some info other than the US used to be you could change the year in the address line to go back and look at previous release data but don't seem to be able to do that any longer; will have to see if I can find an old link
Monday Dry Up ATV BKI BPHX BTJ CALM EMS GIGM GLNG GSAT ICOC JADE JRJC KMGB LDK LKQX LQDT POZN RWT SNDA SNHY SOHU SSRX STAR TGIC TSL ULTR VSR YTEC - Spydertrader