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Tom, is it a lot of work to setup voting on a website?
"0" for tomorrow
wahz
(1)My system doesn't try to follow the market,
which isn't saying any thing today.IMHO.
(2)My system waits for "conditions",
which isn't saying any thing either(g)
Larry Dudash
I just want to point out that the market isn't being held up by csco and msft today. SYY, either.(the other csco) Maybe the ppt took the day off. It's a mystery to me, as are most things.
Nice trade Larry.
Tom
Feel free to post all info you want about your new indicator
here.
Hey! Maybe you could automate the Plus 100 indicator on your web site too?(g)
Larry Dudash
Don you wrote
Larry, with your cover this AM, should the indicator be now -3
Kinda hard to keep up with
answer:
(1) Yes
(2) But now only updating "for sure" at end of day.
(3) After covering, went out for coffee(g)
Larry Dudash
I'll set up a webpage this weekend and open the poll every Friday through Sunday- keeping a running tally of results. It will be open to anyone who wants to participate.
I feel Larry's pain, I'm going to automate this endevour as much as possible.
Larry, with your cover this AM, should the indicator be now -3
Kinda hard to keep up with
Larry, here is my prognostication. (Big word for an opinion with so little value, IMDO.)
Thursday: +1
Friday: 0
Next Week: -1
Opex Week: +1 (relative to the previous week's -1)
DISCLAIMER: MY OPINION PLUS $9.95 WILL BUY YOU A MONTH OF BASIC CHARTING AT STOCKCHARTS.COM. (Without my opinion it would cost you $10.00 minus a nickel.)
see details in title
On a scale of....?
Let me know when you do it(g)
Larry Dudash
Larry, it might be easier to create a thread where people (anyone on IHub) post on Monday if the Naz and Dow end the week up or down.
Total up the responses Monday night and place the total into the header. Keep each weeks totals in the header.
The would be similar the Fearless Forecaster poll.
aj99
Thanks for for detailed response.
Larry Dudash
Well, I'm -1 from March 6 through March 12, +1 From March 12 through March 18, and -1 From March 18 through April 4.
On an aggregate, I'm 0 through March 18. If based upon my current trading, I'm -1.
Here's what I was looking for before the open this AM:
http://www.investorshub.com/boards/read_msg.asp?message_id=813068
sandw
you wrote
It's a ton of work isn't it, keeping up with more than a couple of people.
jp
answer:
It sure is more work then I thought it would be.
Was hoping everyone would post a +1,0,-1
Or in the case of wahz, I get an email when he trades.
Wahz is the easy.
Larry Dudash
Re: "I think I made a mistake"
It's a ton of work isn't it, keeping up with more than a couple of people.
jp
What about those posts? You are trying to show me that the nebulous nabobs of negativism will never change their spots? I agree:>)
For example, the ad line was very green on the nyse, despite one of those sunny sunshine boys talking about how the whole market was held up by msft
hey you know I was kidding, right??
aj99
Please post your position on the market in terms of
either a +1,0,or -1.
Please state any conditions you desire.
Thanks in advance
Larry Dudash
augieboo
Please post your position on the market in terms of
either a +1,0,or -1.
Please state any conditions you desire.
Thanks in advance
Larry Dudash
Don
That would be the logical step.IMHO.
Larry Dudash
Will you be going back to the DWZ ??
I think I made a mistake creating this PLUS 100 board.
As any good trader, I am very close to cutting my losses
on this board. It is very close to deletion.
Larry Dudash
auguie
You wrote
Larry, could you define "short term" a bit more precisely? That is, how many hours, days, weeks, ahead does "short term" encompass?
answer:
(1) Simple answer to a very good question.
(2) Add up your longs and shorts at the end of each day.
(3) Results = what you should have in Plus 100 Indicator.
Larry Dudash
Larry, could you define "short term" a bit more precisely? That is, how many hours, days, weeks, ahead does "short term" encompass?
The PLUS 100 indicator is a short term indicator.
The PLUS 100 indicator takes into account what "elements"
think about the future, but "CURRENT" positions are much more
important.
Why ?
Because that's where their money is now !
And money talks. IMHO.
Also when one starts talking about the future, then is it
two weeks, two months, two days, etc.
Larry Dudash
PS:In case of Zeev, his %cash will be used.
Hi Larry,
Here's my guess on how the Plus 100 Indicator will perform: The majority of long trades will be successful when the panel is net +, the majority of short trades will be successful when the panel is net -, However, whenever the panel is at an extreme consensus of opinion, the market will be ripe for reversal. I'm curious as to how the Plus 100 will perform - I'll keep an eye on it. Thanks for sharing.
wahz
If it would move the market, I would allow plus 1000(g)
Larry Dudash
Can I go plus two?;>)
aj99
I now fully under stand why you have a neutral(0) rating on the market.(g)
Larry, you could make a case for a 50% re-trace off the high of the engulfing candle, but the odds are not good for any more than that.
With NDX 1002 a very key level, a 50% re-trace to there would put a low at possibly NDX 980 tomorrow AM. That's also a test of the 1300 COMP low from last Thursday. We'll see if that happens.
Otherwise, a .382 re-trace to 1002 would put a low around NDX 966 (doubtful).
I guess what I'm saying is that I don't expect a higher high than today. If we open down and test NDX 973, I have no problem with a bounce. I just think we may have seen our highs this week, that's all.
aj99
Go back to Trade Hard's chart and start reading it from the left. Right off the bat, the first three engulfing candles have a candle the next day that opens down and goes up all day long.(ggg)
Larry Dudash
Thanks, Larry. That bearish engulfing stick today is making me think twice about playing long on a test of NDX 973 tomorrow. Looking back, I can't see a time when we've gotten a higher high prior to making a new low after printing that stick.
aj99
You have access to the PLUS 100 Board, so when you do
your trade, just go into the board and change your status.
Thanks in advance
Larry Dudash
(1)Go to PLUS 100 board
(2)Click MANAGE
(3)Click EDIT IBOX
(4)Make your changes
(5)Click Update IBOX
(6)It's done(g)
FWIW, if we get to NDX 975 tomorrow, I'm covering my short and may go long if the 60-minute chart is oversold enough. This would be only for 1-2 days. I'm looking for a test of the falling resistance line off the Dec and Jan highs, and that line should be around NDX 1035 mid-week this week. Risky trade to anticipate that, actually, as I anticipate dumping into March 12 to test the Feb. lows.
Tom
You Wrote
Larry, are you guessing that the Plus 100 indicator will be best used as a sentiment indicator (+6 = bearish) or as purely a consensus indicator (+ = bullish and - = bearish) or both?
Answer:
(1)After some thought and looking at the past record of
Wahz, Zeev and myself, you should trade with the the
PLUS 100 Indicator. IMHO.
(2)Others may post their ideas.
Larry Dudash
Do you want to be included in the PLUS 100 indicator?
Please send me an email and state your reasons.
Larry Dudash
Some parts of my buy-sell-short-cover indicator only happen after the close. It was borderline "hold the short" after all things were added up....so I just covered.
Any hints why?
Some of mine, but I am holding stuff close to the vest, admittedly:
I had some oversold 60 min readings.
We are in pretty good shape on the msh
http://stockcharts.com/def/servlet/SC.web?c=$msh,uu[w,a]daclyyay[pc20!c13][vc60][iUp14,3,3!Lm12]&....
The McClellans are doing ok.
What worries the most is that I am almost alone on thinking we should run here, and in the meanhwile, an abrupt sell off would cause me to have to retrench
Covered both QQQ short positions after hours at 24.64
Now Neutral
Larry Dudash
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