RM's occasional market calls...

Discussion in 'Journals' started by Rearden Metal, Nov 8, 2010.

  1. Pekelo

    Pekelo

    My chart is 15 mins behind so when this was posted ZSL was already around 10.45.

    Nevertheless it was shall I say an excellent call, because on my delayed chart it is at 10.85 now...

    Since the dragon pattern doesn't say how big the bounce from the 3rd bottom will be, for all practical purposes the pattern has played out. The predicted low was 9.8 and we went as low as 10.21 (where I posted the start getting long) before bouncing.

    Strike one more for the little dragon. :)

    Also, sorry for the interruption, RM, please carry on....
     
    #181     Dec 7, 2010
  2. Good work, P!
     
    #182     Dec 7, 2010
  3. #183     Dec 7, 2010
  4. wow almost 10% gain intraday. i would seriously consider getting real-time quotes if i could make calls like that.
     
    #184     Dec 7, 2010
  5. Real time quotes are FREE at yahoo finance and many other places.
     
    #185     Dec 7, 2010
  6. Pekelo

    Pekelo

    Nope. You can sign up for a free trial period of 30 days, but after that it is 11-14$ per month.

    I thought it is actually illegal to distribute stock quotes for free. Yahoo is 15 mins delayed, so is Bigcharts, except for indeces, those are real time.

    Since I don't trade stocks, 15 mins is fine, or I could open my old Ameritrade software. If there is actually a free website, it would be nice to know, but again, I don't think there is one....(without signing up or logging in)

    Edit: Supposedly MSN has real time quotes, will check tomorrow:

    http://moneycentral.msn.com/detail/stock_quote?Symbol=Name+or+symbol(s)&getquote=Get+Quote
     
    #186     Dec 7, 2010
  7. Pekelo, your dragon pattern is uptrend or downtrend(inverse) true? You can see first the trend, then you look for when is probable to bounce before it go back to long time frame trend, true? So you make the bet on the bounce? With math?
     
    #188     Dec 7, 2010
  8. This is not true, yahoo gives the latest prints on the BATS exchange in real time, as well as the best BATS bid/offer, which except on the most illiquid issues will be quite close to the inside bid/ask and the last trade.
     
    #189     Dec 7, 2010
  9. Free real time quotes on Yahoo finance:

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3030217>
     
    #190     Dec 8, 2010