Sorry surf, you must have missed my post. Could you respond to this inquiry? You seem to have rebranded Fundamental Analysis. I was just wondering why that was?
Thanks. Yes, there are a few Price Drivers that would be considered fundamental in nature. The system, for the first time, quantifies and combines fundamental price drivers into an actionable format. In other words, it weighs the fundamental factors and quantifies their projected effect on price. Hope this clarifies! surf
SURF ALERT Surfers, We have a serious SHORT SIGNAL in the Price Drivers System here and now. The level is negative 7 on the PD index-- therefore we are entering with 5 March YM contracts at 13929. SHORT SHORT SHORT surf
Surf, i understand that your constant denigration of TA attracts haters, but one thing you do that sets an example very few follow, is that you back your talk with clear timely calls and for that you should be applauded. Do not agree that TA is only for the past but I'm respectful of your trading and the way you conduct it in public.
Getting a bit of price consolidation here with about $300 of profit right now. Price Drivers are indicating the consolidation will break on the downside. Therefore, we are holding the shorts tight now. Price Driver negative 7.
LOL! I haven't seen those kind of dice since my brother played dungeon and dragons. Seriously, if you knew the computer power it takes to crunch all the Price Driver variables, its just sick. surf
The Price Driver System is still pegged at negative 7--- we are slightly positive at the close of cash market and will continue to hold into Tuesday's open. surf