The Stochastic Indicator

Discussion in 'Technical Analysis' started by jack hershey, Feb 17, 2003.

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  1. trendy

    trendy

    That's the funny thing. I've never seen Jack make a post saying I traded the "method" today, and here are my trades and results. I really have to wonder whether he even trades this method day-to-day.
     
    #411     Mar 19, 2003
  2. tampa

    tampa

    ...and if he doesn't? What does that prove?

    It seems that you, and any number of others have very little to do with your time.

    Perchance you wold be kind enough to post your results, so that we might see your credibility in questioning Jack.

    May we expect to see your statements?
     
    #412     Mar 19, 2003
  3. dbphoenix

    dbphoenix

    The best defense is a good offense, eh? :p

    --Db
     
    #413     Mar 19, 2003
  4. tampa

    tampa

    Was that addressed to me, or trendy?
     
    #414     Mar 19, 2003
  5. dbphoenix

    dbphoenix

    You, of course. The idea that one can't quetion somebody else without providing a statement of his own results is a little bizarre.

    --Db
     
    #415     Mar 19, 2003
  6. tampa

    tampa

    A demand for seeing results from someone who isn't selling anything is bizarre.

    And with that, I will conclude this matter.
     
    #416     Mar 19, 2003
  7. trendy

    trendy

    Truly, Tampa, if anything Jack has written has helped you, I say great thats what ET is all about. But, I do still have a problem with Jack making unsubstantiated, and I contend improbable, performance claims. I think it hurts his credibility and takes away from whatever worthy information he may be conveying.

    Further, it appears to me you are not using Jack's methodologies as written. As an example, you posted the following trade for 3/14:

    Using the 5-2-3 stochastic, and the +1 or –1 MACD signal.

    12:17 Short @832.00
    12:50 xxxxx @827.75

    I pulled up a 5 min. chart using 5-2-3 stochastic, and at 12:15 the slow line was well above 20 or 25. So, to me it didn't look to be a Hershey short. Perhaps I have it all wrong. It won't be the first time. Nevertheless, you appear to be adding your own feel in terms of entry and exit. Again, if that works for you great.
     
    #417     Mar 19, 2003
  8. dbphoenix

    dbphoenix

    Who cares about results? Most people would just like to know what he's talking about.

    --Db
     
    #418     Mar 19, 2003
  9. tampa

    tampa

    I can't tell you how happy I am that you are happy for me. It makes me happy for you!!!
     
    #419     Mar 19, 2003
  10. And anyone with an interest in international subway tickets will want to see that nice specimen from Singapore.
     
    #420     Mar 19, 2003
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