Why Is The Obvious Not So Obvious?

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

  1. Sir, how do you get these exact numbers?
    Following are my numbers as close to yours and the time (I use Tradestation charts)

    21.28: yours
    21.25: 3/23 LOD from daily chart
    21.31: 3/23 LOD from intraday chart
    21.28: 3/16 COD

    21.40: yours
    I dont know how to get this

    22.22: yours
    22.20: 4/15 LOD from daily and intraday charts
    22.13: 3/20 COD

    22.43: yours
    22.31: 4/16 LOD from daily and intraday charts

    22.77: yours
    22.79: 4/17 LOD from daily and intraday charts

    23.13: yours
    23.11: 4/15 HOD from daily chart
    23.03: 4/15 HOD from intraday chart

    24.57: yours
    24.52: 4/7 LOD
    24.63: 4/7 COD

    24.79: yours
    24.76: 4/9 COD

    24.97: yours
    24.93: 4/9 HOD

    25.96: yours
    26.05: 4/8 HOD

    27.26: yours
    27.33: 4/2 HOD

    Thanks and regards
     
    #811     Apr 19, 2009
  2. The boy thought he saw a fish in the water and tried to catch it with his "pitchfork". But the image of the fish could be just a reflection (of the moon? lol) or distortion.
     
    #812     Apr 19, 2009

  3. 1. How easily the masses can be conned
    when a 'total load of rubbish' is promoted
    as "fashionable". (Not unlike 'piercings' today.)
    2. Self-loathing of the artist and his hatred of
    the above-mentioned "Fashionables". (His clients.)
    3. Just one more little nail in the coffin of
    Western Civilization. (The 'last rites' are being
    read as we speak with the burial soon to follow.)
     
    #813     Apr 20, 2009
  4. RainMann

    RainMann


    Don't clean your lawn mower without turning it off.
     
    #814     Apr 20, 2009
  5. Boib

    Boib

    Had I only known. Think of the fingers I could have saved.:(
     
    #815     Apr 20, 2009
  6. Boib

    Boib

    NYSE:

    Re your bird video.

    The bird is doing what all birds do. It's trying to survive. There is no reason for it, thats what birds do.

    To try and figure out why a bird is doing what it's doing is like asking why the market does what it does. It just does.
     
    #816     Apr 20, 2009
  7. So i'm a college student doing my thesis on a comprehensive day trading plan and strategy and found this forum looking for research. I stumbled upon this thread last night and originally thought it was a foolish game of philosophical cat and mouse stated by either a homeless nut case or a way too old matrix fan who lives in his moms basement ( no offense NYSE). But for some unexplainable reason i kept reading, so much in fact that i stayed up all night and stoped my research to read through the entire thing. As I began to wrap my head around it I slowly gained respect for what was being done here and now after pondering this all night long and thinking about it today during the holiday festivities (ha)I feel this is the most "valuable"collection of trading ideas I have ever seen.
    I certainly see the skepticism of NYSE's statements and purpose, but at a most basically level even if this is a wild goose chase, which for the record I personally do not, I feel the value of this as mental exercise alone is great and I am very grateful for the intellectual transaction spawned from NYSE and members. Although statistically speaking however, if most traders fail, and most traders follow techniques denounced by NYSE, then he is "right" however one chooses to quantify that.
    Ok now that I'm done with the ass kissing I'm going to try and win the golden ticket..

    - You were more serious than you came off when alluding to the notion of automating an opposite trade order when a order is placed

    - Since most traders fail then the "idea" of trading is a failed idea, granted there are infinite variations of strategies in which some trend towards the anomaly of success, the general parameters of trading (historical price movements) is a failed system.

    - Here's the kicker, maybe, you said most of the time buy low sell high, which could be interpreted as if prices are low people are selling and if prices are high people are buying, meaning buy when people sell and sell when people buy. Would you dare insinuate that the holiest of holies is to always do the opposite of the market? Now that's just to obvious! :)
     
    #817     Apr 20, 2009
  8. Horrible grammar and spelling I'm aware, one I really don't care and two I was playing Gears of War 2 when I posted this haha, so don't bother
     
    #818     Apr 20, 2009
  9. Speaking of the Fashionables,
    I just saw a guy wearing a pin-striped-suit
    and sporting a hoop earing on CNBC.
     
    #819     Apr 20, 2009
  10. RainMann

    RainMann

    Regarding the Picasso:

    You mention that the painting was created just before Hitler invaded Poland. You were presenting us with a "context" which should be considered when looking for any messages that may or may not be hidden within the painting. Drawing a parallel as relates to trading, the lesson here is that when viewing a chart, one must view the chart within a certain "context" as well. Not knowing the context, or the existence of the context, will lead to "invalid assumptions" which lead to invalid conclusions.

    You are saying that there is a context that we must consider when viewing a chart, and all of these exercises will better enable us to discern it.

    My deep thought for the day...

    RM
     
    #820     Apr 20, 2009