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----- Original Message -----
From: "palsanand" <<A
href=""><FONT
size=2>palsanand@xxxxxxxxx<FONT
size=2>>
To: <<A
href=""><FONT
size=2>amibroker@xxxxxxxxxxxxxxx<FONT
size=2>>
Sent: Monday, October 27, 2003 3:38
PM
Subject: [amibroker] Re: Yes, You Can Time the Market
(was Dimitris... QQQ Trendline Support again)
> Thanks for the link to the article.
Long-term Speculation may be > easier and more prudent, but for small
investors like me, the daily > problem of market prediction for the next
day is a necessity. I > agree with what Ben Stein basically Says,
"Yes, You Can Time the > Market", but not only for 15 years as he says
but for short, > intermediate and long-term (with the same risk), though
I can't say > the same thing about
intra-day-trading...
And in their own way, everybody times
the market, irrespective of the time frame of interest.
> > Regards,> >
Pal> --- In <A
href=""><FONT
size=2>amibroker@xxxxxxxxxxxxxxx,
"DIMITRIS TSOKAKIS" <<A
href=""><FONT
size=2>TSOKAKIS@x...> >
wrote:> > We, the poor traders, have to solve these humble daily
problems, > > before the next unsolved appear. Some other people are
more than > > happy to speculate the next 15 [or 115 for more safe
positions...] > > years. I'm still laughing to tears with the
great> > <A
href=""><FONT
size=2>http://biz.yahoo.com/ms/031024/98312_1.html<FONT
size=2>> > Take a look, as long as it is available...> >
Dimitris Tsokakis> > --- In <A
href=""><FONT
size=2>amibroker@xxxxxxxxxxxxxxx,
"Phsst" <<FONT
size=2>phsst@x...> wrote:>
> > <[when I write "we", I add you to the great holygrail-less
team> > > I belong.>> > > > > >
Dimitris,> > > > > > I am honored, not to mention
eminently qualified to join this > team. > > I> >
> think I even have credentials... :-)> > > >
> > I enjoyed working (past tense) for my bread too. Sometimes it
was> > > hard, but more often it was fun.> > >
> > > Phsst> > > > > > --- In
<FONT
size=2>amibroker@xxxxxxxxxxxxxxx,
"DIMITRIS TSOKAKIS" > > <<A
href=""><FONT
size=2>TSOKAKIS@x...>> >
> wrote:> > > > Moving from Japan to Europe, 4h50 before the
NY bell, the > general > > > > outlook is not bearish.
The day is still young, we shall know > > more 3h > > >
> later. [when I write "we", I add you to the great holygrail-> less
> > team > > > > I belong. Some happy traders know
everything in advance, I do > not > > > > belong to this
[boring] category, I have to work hard for the > > bread > >
> > an butter of my family and I like it].> > > > Dimitris
Tsokakis > > > > --- In <A
href=""><FONT
size=2>amibroker@xxxxxxxxxxxxxxx,
"DIMITRIS TSOKAKIS" > > <<A
href=""><FONT
size=2>TSOKAKIS@x...> > >
> > wrote:> > > > > Phsst,> > > > >
Since we know [http://www.amibroker.com/library/detail.php?> > id=105]
> > > > > the support line equation> > > >
> trendlineS = aS * ( x -endt ) + bS; > > > > > we may
explore with> > > > >
filter=abs(L-trendlineS)<coeff*L> > > > > and see the
probable "touch". > > > > > Coeff values between 0.01 and
0.02 give an idea.> > > > > Here is an example> >
> > > > > > > > per=3;// calibrate> > >
> > x = Cum(1);> > > > > s1=L;> > > >
> s11=H;> > > > > pS = TroughBars( s1, per, 1 ) ==
0;> > > > > endt= LastValue(ValueWhen( pS, x, 1 ));>
> > > > startt=LastValue(ValueWhen( pS, x, 2 ));> > >
> > dtS =endt-startt;> > > > > endS =
LastValue(ValueWhen( pS, s1, 1 ) );> > > > > startS =
LastValue( ValueWhen( pS, s1, 2 ));> > > > > aS =
(endS-startS)/dtS;> > > > > bS = endS;> > > >
> trendlineS = aS * ( x -endt ) + bS;> > > > >
Coeff=0.01;// calibrate > > > > >
F=abs(L-trendlineS)<Coeff*L;> > > > >
AddColumn((abs(L-trendlineS))/L,"Coeff",1.3);> > > > >
Filter=f;> > > > > > > > > > Select your
Coeff and explore.> > > > > As for your second question, do
not forget the other > > > > interpretation, > > >
> > a "touch" is ideal for a bearish breakout...> > > >
> Dimitris Tsokakis> > > > > --- In <A
href=""><FONT
size=2>amibroker@xxxxxxxxxxxxxxx,
"Phsst" <<FONT
size=2>phsst@x...> wrote:>
> > > > > Dimitris,> > > > > > >
> > > > > A few weeks ago we exchanged some trendline dialogs
when > the > > > > QQQ's > > > > >
had> > > > > > hit trendline support.> > >
> > > > > > > > > I made the QQQ trade a day or
two late on (10/02), but > still > > made > > >
> a> > > > > > nice profit.> > > > >
> > > > > > > Well, the Q's are bouncing around the
lower support > trendline > > > > again.> >
> > > > > > > > > > The only way I can figure
to play it is to buy 'at support' > > again.> > > >
> > > > > > > > I now have a collection of
'trendline' indicators (from you > > and> > > > >
> others) that I intend to convert into explores that will > find
> > > > these> > > > > > opportunities for
me. But the 'Pattern Recognization' afl > did > > not >
> > > > pick> > > > > > up on the Q's
tonight.> > > > > > > > > > > > Just
wanted to mention this to you to see if you might be > as > >
> > curious> > > > > > as me about trying to trigger
a signal on such a strong > > signal.> > > > > >
> > > > > > Phsst> > >
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