|
PureBytes Links
Trading Reference Links
|
No, I can not. The reason is pretty simple.
My system is based on current events "news articles" and I can only
go back as far as I have news.
Larry
--- In Metastockusers@xxxxxxxxxxxxxxx, "Tom Sprunger"
<tlsprunger@xxxx> wrote:
> Larry, good that you have chosen an approach that works for you.
> The only true indicator that always works is Price!
>
> But how can we judge your system when you only have data back a
year or so?
> How do we know you didn't curve fit? Can you show data on the NDX,
SPX, and
> RUT back at least 5 years and preferably 10?
>
> Tom
> ----- Original Message -----
> From: "smithld" <book@xxxx>
> To: <Metastockusers@xxxxxxxxxxxxxxx>
> Sent: Friday, October 08, 2004 4:47 PM
> Subject: [Metastockusers] Re: Introducing myself
>
>
> >
> >
> > I agree that T/A would work better than a lot of emotions.
> > Especially if they are the emotions of the trader.
> >
> > The Stock market moves, though, from the emotions of the majority
of
> > the investors. Think of it this way, if nothing fundamental has
> > changed with a stock or an index, why does the price move up and
down
> > over a short period of time. If a major news item comes out,
such as
> > a terror strike, or good news about the economy, why does the
market
> > move almost immediately (down for the terror and up for the
economy)?
> >
> > Emotions, or better yet the level of fear that investors feel,
moves
> > the market. That level will only change with external input,
such as
> > world events.
> >
> > As for my personal holy grail, I personally find it very stressful
> > trading, as do many many others. That is exactly why I created a
> > completely automated system that trys to take into account the
> > majority of investors emotions rather than mine.
> >
> > I am not into individual stocks, only mutual funds or index
stocks.
> > Also, I don't hold for more than a few days. Some people do very
> > well the way you suggested but, it isn't the direction I have
chosen
> > for my system. I would be like a duck out of water doing that.
> >
> > Larry
> >
> > --- In Metastockusers@xxxxxxxxxxxxxxx, "Martin Blain"
<martin@xxxx>
> > wrote:
> > > I think TA alone would work better then a lot of emotions.
Perhaps
> > the writer just hasn't found his own personal holy grail.
> > > Maybe its time for a little friendly competition. This could be
> > easily done by having a common user and password to a yahoo
account.
> > We could then have individual portfolios with 10 stocks chosen
over
> > the period of 1 -2 weeks and held for 60days
> > > Martin Blain
> > > Burlington Ontario
> > > ----- Original Message -----
> > > From: rdb104
> > > To: Metastockusers@xxxxxxxxxxxxxxx
> > > Sent: Friday, October 08, 2004 4:08 PM
> > > Subject: Re: [Metastockusers] Re: Introducing myself
> > >
> > >
> > > I can't say never but I think we generally agree.
> > > ----- Original Message -----
> > > From: smithld
> > > To: Metastockusers@xxxxxxxxxxxxxxx
> > > Sent: Friday, October 08, 2004 3:47 PM
> > > Subject: [Metastockusers] Re: Introducing myself
> > >
> > >
> > >
> > > I agree, I wouldn't trade without TA either, but T/A alone
will
> > never
> > > work!
> > >
> > > Larry
> > >
> > > --- In Metastockusers@xxxxxxxxxxxxxxx, "rdb104"
> > <richandellen@xxxx>
> > > wrote:
> > > > MessageI never thought a purely mechanical system could
> > work..but
> > > wouldn't trade without TA.
> > > > ----- Original Message -----
> > > > From: Book
> > > >
> > >
> >
To: 'onlinetradersclub ' ; 'equismetastock ' ; 'internetstocknews ' ;
> >
> 'Metastockusers ' ; 'momostocks ' ; 'mutualfunds ' ; 'myqqqsyste
> > m '
> > > > Sent: Friday, October 08, 2004 3:00 PM
> > > > Subject: [Metastockusers] Introducing myself
> > > >
> > > >
> > > > I would like to introduce myself to this group.
> > > >
> > > >
> > > >
> > > > I am a retired manager of a major U.S. corporation. I
was
> > > educated in the fields of mathematics, electrical
engineering
> > and
> > > computer science and I have had an interest in stock market
> > analysis
> > > for nearly 20 years.
> > > >
> > > >
> > > >
> > > > I believe my background skills have given me a unique
> > insight
> > > into technical analysis, allowing me to look at and
understand
> > the
> > > mathematics behind technical analysis formulas, take an
> > unbiased
> > > common sense approach to the results of these formulas and
> > develop a
> > > system that does not succumb to the short falls of Technical
> > > Analysis.
> > > >
> > > >
> > > >
> > > > I have been studying technical analysis in the stock
market
> > since
> > > 1987, testing and analyzing hundreds of formulas and
charts. I
> > began
> > > by using commercial software with built in formulas, then
wrote
> > my
> > > own formulas and finally wrote my own software and formulas.
> > > >
> > > >
> > > >
> > > > I am now writing a book "An Analysis of Technical
> > Analysis",
> > > which is far from complete but there is some very relevant
> > > information that I will point you to a little later.
> > > >
> > > >
> > > >
> > > > I have also been lurking and contributing on many forums
> > over the
> > > last 10 years or so, and I have made several observations.
> > > >
> > > >
> > > >
> > > > 1.. The questions are generally the same, form year to
> > year.
> > > Some technical question on how to get a formula or program
to
> > work
> > > and some general questions on how to make a system that
really
> > > works. The technical questions are usually answered in
detail
> > but
> > > the system questions are rarely answered except in the most
> > general
> > > terms.
> > > > 2.. There are usually one or two Gurus who expound "I
> > have
> > > developed a system that really works well" but they never
give
> > > explicit details on how this system works and they never
give
> > actual
> > > trades until well after the trades have happened. This
gives
> > way too
> > > much opportunity to "adjust" the figures. In other words,
they
> > never
> > > prove themselves.
> > > > 3.. After a period of time, a year or less, these
Gurus
> > > disappear from the scene. Did they lose all their money, or
> > can't
> > > they just keep up the BS?
> > > >
> > > >
> > > > Why is this the case? I will answer this a little
later.
> > > >
> > > >
> > > >
> > > > First I want to say that I have created a "commercial"
> > market
> > > timing website, but I will not advertise or even mention the
> > name
> > > here so that the moderator of this group won't ban me. My
main
> > > concern is to get some very pertinent market timing
information
> > to
> > > those of you who are really interested in trying to time the
> > market.
> > > >
> > > >
> > > >
> > > > Let me start out this way. Technical analysis (using
> > > mathematical formulas only) DOES NOT WORK, WILL NOT WORK,
AND
> > YOU
> > > WILL JUST LOSE YOUR MONEY!
> > > >
> > > >
> > > >
> > > > How can I possibly say such a thing, especially when I
said
> > I own
> > > a market timing web site?
> > > >
> > > >
> > > >
> > > > I said "Technical analysis (using mathematical formulas
> > only)".
> > > Mathematical formulas, no mater how simple or complex, try
to
> > match a
> > > recurrence, or pattern, in the market. They simply do not
> > predict
> > > anything!
> > > >
> > > >
> > > >
> > > > Experts contend that the market is "random"
> > and "efficient". We
> > > all know that random events cannot be predicted and if
> > something is
> > > really efficient there are no disparities to capitalize on.
> > These
> > > two factors alone tell you that the market is impossible, or
> > nearly
> > > impossible to predict, using mathematical formulas.
> > > >
> > > >
> > > >
> > > > If you would like to learn a little more about technical
> > > analysis, what works and what doesn't, and what you REALLY
need
> > to
> > > look for you can read more of my upcoming book. The start
is
> > > here "An Analysis of Technical Analysis" or you can get the
> > quick and
> > > dirty "summary" here.
> > > >
> > > >
> > > >
> > > > It won't cost you a cent, but it might save you several!
> > > >
> > > >
> > > >
> > > > Thanks for reading.
> > > >
> > > >
> > > >
> > > > Larry
> > > >
> > > >
> > > > Yahoo! Groups Sponsor
> > > > ADVERTISEMENT
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > ----------------------------------------------------------
----
> > ------
> > > ----------
> > > > Yahoo! Groups Links
> > > >
> > > > a.. To visit your group on the web, go to:
> > > > http://groups.yahoo.com/group/Metastockusers/
> > > >
> > > > b.. To unsubscribe from this group, send an email to:
> > > > Metastockusers-unsubscribe@xxxxxxxxxxxxxxx
> > > >
> > > > c.. Your use of Yahoo! Groups is subject to the Yahoo!
> > Terms of
> > > Service.
> > >
> > >
> > >
> > >
> > >
> > > Yahoo! Groups Sponsor
> > > ADVERTISEMENT
> > >
> > >
> > >
> > >
> > >
> > > ----------------------------------------------------------------
----
> > --------
> > > Yahoo! Groups Links
> > >
> > > a.. To visit your group on the web, go to:
> > > http://groups.yahoo.com/group/Metastockusers/
> > >
> > > b.. To unsubscribe from this group, send an email to:
> > > Metastockusers-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > > c.. Your use of Yahoo! Groups is subject to the Yahoo!
Terms
> > of Service.
> >
> >
> >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
> >
> >
> >
------------------------ Yahoo! Groups Sponsor --------------------~-->
$9.95 domain names from Yahoo!. Register anything.
http://us.click.yahoo.com/J8kdrA/y20IAA/yQLSAA/zMEolB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/Metastockusers/
<*> To unsubscribe from this group, send an email to:
Metastockusers-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|