Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. bogan22

    bogan22

    Cool how those yahoo charts update everyday.

    I've racked my brain for ages but am no closer. I originally thought nsyestocks was talking about market structure, but he/she dismissed that early in the piece. There is lots of talk of "its" and "thems" and "birds" etc. If your dumb like me its confusing. So no, I have no idea of what you speak. Lucky I'm persistant.

    Anyways,

    I use 4 & 5 extensively, 1 & 3 I've always intuitively known. However, need to think about both 2 & 3 and how they interact with each other.

    Mr T.O. was there discussion about a plan?

    Rub Clean? Wipe Clean.. Have we had any progress from page 225?

    Mr T.O. on page 216 you say there are obvious things in the charts you post. My obvious list:
    two charts,
    one line,
    one bar,
    same stock,
    intraday view on one,
    daily on another,
    line/bar moves up and back, mostly,
    sometimes appears to elongate move in one direction,
    sometimes line/bar does not come back,
    intraday seems to move at open close area,
    daily just moves,
    charts have begining and end, hi/lo, read left to right,
    grey background,
    assume volume at the bottom,
    volume go's up and down,
    more volume someday, less at other times,

    Think some more.. I'm dumb, nay, stupid, lucky I'm persistant.
    To dumb to rhyme the time I've spent I'll never get back.

    regards
    Bogan22
     
    #1411     Aug 3, 2011
  2. Mysteron

    Mysteron

    Panic over, do the eyes have it? :cool: Tomorrow should be interesting.

    Seemed to be a bit of a rally today.

    [​IMG]

    I've been looking for a source of real time NYSE Tick index but it doesn't seem to be readily available. Checked Worden TC2000, the paid for alternative version of FreeStockCharts and $TICK is not real time but is delayed 15 mins, which seems useless to me. ProRealTime have an indicator called Advance Decline Net difference with a 5min interval but I'm not inclined to pay for that. So in the absence of real time $TICK I just rely on the S&P500 index from my broker which is real time and is also available from FreeStockCharts.
     
    #1412     Aug 3, 2011
  3. Mysteron

    Mysteron

    Well the previous 2 days were interesting, abnormal and large daily ranges, falls mostly, the investors are reeling but daytraders should not be at all bothered.

    AA+ is a slap in ther face for some of the American policy makers :D

    [​IMG]

    GR crashed as most other stocks did too. Under these conditions I'm not sure if previous levels have any significance, and the usual stock scans I do seem pointless. Maybe the best approach is to wipe the slate clean and just watch were prices go for a few favourite stocks and ignore previous levels until normality resumes.

    It seems a disadvantage in not having access to a real time data for the NYSE TICK index. I think IB Brokers supply it but rather than open an account with them I decided to try ProRealTime for 3 months, subscribing to NYSE equities and indices, S&P500 index and make use of their Advance Decline Net difference index without any smoothing. I resent having to pay for a data feed but my present broker CMC Markets only supply the usual TA indicators.
     
    #1413     Aug 6, 2011
  4. Mysteron

    Mysteron

    [​IMG]

    A good retreat is better than a bad stand...

    Praise the ripe field not the green corn !
     
    #1414     Aug 6, 2011
  5. J Ski

    J Ski

    Started reading this thread this morning.
    I like it.
    I usually put on a stochastic.
    Monday I'm going to try "bareback".
     
    #1415     Aug 7, 2011
  6. what is bareback?
     
    #1416     Aug 7, 2011
  7. J Ski

    J Ski

    bareback is lots of fun,
    riding a horse in the sun,
    silly question to ask,
    of course it's without saddle.



    You can ask a question in a rhyme?
    If you haven't noticed nysetrader threads,
    are mandatory rhyme.
    It's hard.
     
    #1417     Aug 8, 2011
  8. J Ski

    J Ski

    Anyhow, I'm at page 96.
    Quite a read so far.
     
    #1418     Aug 11, 2011
  9. leorc

    leorc

    I believe Waren knows well about this, but he only do BLASH. During the late 2008 he started to accumulate US stocks and he annouced his action to the public.

    Its a wonderful thing that you can see the obvious, but your ego is likely to trip you later.

     
    #1419     Aug 13, 2011
  10. let others do..what not like you
    for matter not..what they have got
    the only truth..to find in youth
    is knowing all..is really small

    old soc did say..for many a day
    that all he knew..was naught so true
    for knowing naught..gives one much thought
    and that you see..what make it be

    to win at all..one must be small
    at first to see..if right will be
    and if not right..not let the fright
    make small be big..the branch from twig

    the time will show..when small must grow
    for wins must be..the branch you see
    to hear the chime..one must know time
    for time you see..equals moneeeeey

    and now for e..go look and see
    for when you know..it matter no
    the weak you see..will look to be
    like all the rest..and not the best

    TO will say..just for today
    that all can be..a winner see
    but first of all..be not so tall
    and know that you..know more than two

    some will see..what needs to be
    others wait..and catch the bait
    but one thing sure..as snow is pure
    if sit on arse..then all a farse

    a lazy chap..will easy nap
    miss the chime..and lose the dime
    but he who sweat..will never fret
    and come to see..time equals money:D

    TO
     
    #1420     Aug 23, 2011