Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I find Synchrovest to be the greatest thing since sliced bread! I was enamored of LD-AIM and think that it's very good too. But Synchro da best! I have worked out a plan to use it for position trading as opposed to a DCA approach and maybe this is nothing new to y'all.
For example: Investing $10k one would buy $2k to start and then each subsequent buy would be $1k times the mult and extra decimal portion of the mult. So say it would be a mult of 1.67 then it would be $1670 + $670 = $2340. I would never ever buy above the Ave Price (my cost basis) and buy only monthly and then only if it makes sense to do so.
if the stock rises straightaway I would sell at 20% (.4 times a normal sell of 50%) and start another stock.
This works very well and beats everything else I have ever tried.
All these years and I could have been doing this all along! Duh!
Just wanted to say a big thanks to Lostcowboy for your work on this and Robert Lichello of course!
Any recommendations of the best ETF's for AIM? I'd like to check them out. It looks like the way to go as well as the safer route. Thanks!
LD-AIM Thanks 2fuzz.
Hi all, been a long time. I been busy!
Anyway I am very intrigued by LD-AIM and feel like this is the way to go. Less risk and more leverage.
But are there any dangers with this system you can tell me since I been out of the loop?
I know that buying at a long term peak is bad (duh)! But that would be bad in any event.
I have worked out a rule that I would not buy above a 600 day SMA and then only on a crossing of a 10-20 day EMA. This reduces the danger of a peak purchase for the most part and works quite well in reality.
Perhaps this is already known but I have found that when a buy is of the 'deep diver' type and calls for a purchase of a sizable amount and you have little money or intention of buying that much you can simply buy more virtual shares to make up for the shortfall and keep the virtual part in balance. This works very well. I suppose you could sell virtual shares too if you felt higher prices were evident.
"Here is what brought AQUA to its' knees" (info deleted)
Looks kinda bad for them. Thanks for the info!
Hey zigzagman, thanks for the info!!
I was basing my data on OBV for the 30 DOW stocks. The market has been strong no doubt about that. I am just wondering why OBV is lagging so much. It's very weak! Very strange. But of course it's such a small segment of the market. But then again I am looking the OBV for the NASDAQ and it's weak too, very weak.
-AQUA- I'm sorry if I missed it but whats up with AQUA today. Down 82.5%!!
I'm used to big moves on this one but this is bigger than I liked. Now if it went up 83% I'd have said whoopee!!! :)
Whats up on the relatively small Volume today and recently for the market. Does anyone else find this a bit worrisome?
Great day today! I am a little worried about todays volume and the up vol as of late. It is not strong. Maybe there will be a testing of the lows but hey!, to AIMers it matters not! If it does go down (to test the lows) just buy a little more.
Thanks Ken.
These boards are great for all the great ideas and info that goes on here. I got another great buy signal on the 17th. I didn't think it would go that far that fast. I hope to hang on for the ride!!!
"What's big red..??"
Sorry that I didn't get right back on this.
"Big red" is just my name for stocks on StockChart.com charts where the big vol is on a down day. Many times the stock wil move down after a big vol down day. Of course sometimes it's on a blow-off and then the theory wouldn't fit. And with a stock like WOAM who knows?
"WOAM should break .001 and run"
Hey, I'm all for that!
WOAM Big V on Big Red? hope it moves up!
Too bad it's on big red.
It's gonna come sooner or later. Very bearish at the moment. I know that momentum is near max at this point. Momentum should let up to get the upside and a blow-off could do it.
"Like the song says, "How low can we go?""
Bottomless pit, but there has to be a blow-off and it could be coming fairly soon. An extreme capitulation day might spell the end. At least for a little while anyway. Enough to take a breath before going back under, after all we are in a Bear market you know.
Apparently whom ever is in charge of Berkshire Hathaway is not aware that we are in a Bear market.
IMO, other Indicators are needed for a pinch confirmation, including Wm% 14 and RSI
Thanks for the info. I can see your point now that I've looked at a few charts.
Thanks so much for the pinch point explanation. This will be a great tool in my arsenal.
I live here in a town in Iowa. Now, if I could get paid to not grow Oranges or peanuts I think it would be a boon to me! :)
Well, momentum has come off it's low so a bounce could be in the cards.
Any prospects for WOAM. I thought it was lookin' good for a bit.
Explain please. I'm not familiar with the term "pinch".
Perhaps what you say is true. One thing I would be cautious of here is the danger of playing stocks that could go under even if the market is near the bottom. I would only play quality stocks at this point and even some of them are dubious. It all depends on how much risk (and this is always true) one is willing to take. After all we are still in a secular Bear market the likes of few ever seen!
You were right POKERSAM, a good bounce.
A slight improvement in market momentum. A light at the end of the tunnel? Overall still quite bearish however.
Prepare for the worst!!!! Nuff said.
Good call!!
I wouldn't count on it but it would be an welcome change!
Whether you know it or not, you made a good contribution with some of the ideas you introduced.
Jack
Jack
These are sweet words to me. I hope I didn't lead anyone astray. I have a new system now and it looks like a winner.
Neal
Hi Neal!
It's been a long time. Thanks for your comment to SunCat. Of course, you are correct with your comment vis a vis cash burn.
In my response I mentioned that there are many traditional AIM users who lurk here but never sign up or post.
What I forgot to note was that there are also any number of currently casual, formerly more active posters like you.
BTW: Thanks for the links. Interesting stuff. Nice art! The iComp site is also very neat. Can't wait to let my boss in on it. Like you, he is a musician, composer and active in a local band. For all I know, he might already be out there. I'll ask him today.
Have a great day.
Good luck and thanks for the great reply
You are right there!!!
Buying here with a stop just below 750 ES is not a bad risk/reward
We are in a bear market you know.
"I just cannot believe that the [market] has corrected this hard of late, its just another day of sitting on my hands here."
Zeb. We are in a big bear market you know.
Just another tax. Are we not taxed too much already?
The market will go up and maybe soon. but for how long and how much? Who knows.
If the Gov got out of the financial and housing business it would recover and get back to normal.
"On the other hand the big program WS traders/hedge funds who manipulate the market... I'm open for a tax on them and their trades. JMHO."
Tsk, Tsk! This is giving money to the very people who have created this economic condition. The Government.
"Denninger puts the S&P @ 210."
I could retire on that!